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489 El Rey Drive, Corrales, NM 87048

El Rey Acres · Sandoval County

Key Facts

3Beds
4Baths
3,012Sq Ft
1984Year Built
1.00Lot (acres)
2Garage

Description

220 degree City & Mountain Views | Exclusive Private Gate Access | Major System Updates Experience the best of Corrales living in this beautiful home located within a private gated enclave shared by only three neighboring properties. Enjoy breathtaking views overlooking the city lights and the Sandia Mountains, creating a truly special setting.Built with quality 2x6 construction, this well-maintained home features extensive updates, including a replacement well (2015), septic system (2019), TPO roof (2022), and new paint (2020). Additional highlights include two en-suite bedrooms, a dedicated office with a mini-split, and a hot tub that conveys!Offering privacy, incredible views, and major improvements already completed, this exceptional Corrales property is a rare opportunity.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1984

Living Area

3,012 sq ft

Lot Size

1.00 acres

Garage Spaces

2

Days on Market

13

MLS® Listing#

1106034

Property Features

Interior

Beamed CeilingsKitchen IslandMaster Downstairs

Exterior

CourtyardPrivate Yard

Appliances

DishwasherFree-Standing Electric RangeDisposal

Cooling

Multi Units

Heating

Baseboard

Flooring

TileWood

Laundry

Washer HookupElectric Dryer HookupGas Dryer Hookup

Construction

AdobeFrameSynthetic Stucco

Roof

Flat

Windows

Double Pane WindowsInsulated Windows

Utilities

Electricity ConnectedSewer ConnectedWater Connected

Sewer

Septic Tank

Water Source

PrivateWell

Rooms

  • Kitchen13.6 x 17.6Main
  • Living Room22.4 x 18.7Main
  • Master Bedroom24.6 x 16.11Main

Financial Details

Annual Taxes

$5,213

Parcel Number

1014067088059

Directions

From Loma Larga, south of Meadowlark, West on El Rey towards top of hill on south side.

Affordability Calculator

$161,000

Estimated monthly payment

$4,285/mo

Principal $644,000 · Est. interest $898,437 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Corrales, NM

$960,000
Median Listing Price
65
Median Days on Market
3,082
Median Sq Ft
$313
Median Price / Sq Ft
48
Active Listings
  • This home’s price is 16% below the area median.
  • Its price per sq ft is 15% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Corrales, NM.

Location

  • 489 El Rey Drive, Corrales, NM 87048

Points of Interest in Corrales, NM

Showing the Corrales area map.

Nearby Schools

  • Springstone Montessori Schools

    Elementary · 0.6 mi away

  • Leap International Montessori School

    Elementary · 0.9 mi away

  • Covenant Schools

    School · 0.9 mi away

  • Cibola High School

    Secondary · 1.1 mi away

  • Quail Run Montessori School

    Elementary · 1.3 mi away

  • Rio Rancho Cyber Academy

    School · 1.4 mi away

  • Seven Bar Elementary School

    Elementary · 1.4 mi away

  • Cottonwood School

    School · 1.8 mi away

  • Mountain View Private School

    School · 2.0 mi away

  • Martin Luther King Junior Elementary School

    Elementary · 2.1 mi away

  • Rio Rancho Elementary School

    Elementary · 2.1 mi away

  • Corrales Elementary School

    Elementary · 2.5 mi away

  • Maggie Cordova Elementary School

    Elementary · 2.7 mi away

  • Alameda Elementary School

    Elementary · 2.8 mi away

  • Petroglyph Elementary School

    Elementary · 2.8 mi away

  • Taylor Middle School

    Secondary · 3.1 mi away

  • Rio Rancho High School

    Secondary · 3.2 mi away

  • North Valley Academy

    School · 3.3 mi away

  • Sandia View Academy

    School · 3.3 mi away

  • Sierra Vista Elementary School

    Elementary · 3.4 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Corrales

Listing Courtesy: Keller Williams Realty - 5052718200

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Southwest Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SouthwestMLS. MLS® Listing#1106034. © 2026EXIT Realty®. All rights reserved.