$850,000
$360K PRICE DROP

Estimated payment $4,860/month

Total Views 121,317
3 Beds
3.5 Baths
3,220 Sq Ft
$264 Price per Sq Ft

Highlights

  • Barn
  • Horses Allowed On Property
  • 1 Fireplace
  • Peralta Elementary School Rated A-
  • Contemporary Architecture
  • Multiple Living Areas

About This Home

PRICE REDUCED! This property offers a unique opportunity with both residential and commercial potential! Located in Bosque Farms, it features a charming three-bedroom home with a four-car garage, plus a versatile casita currently used as a recreation room perfect for entertaining or guest accommodations.The property sits on a spacious 1-acre lot, while the adjacent 0.5-acre lot includes a warehouse with a large office space, a barn with four horse stalls, and a functioning well for additional water access. The master bedroom features an attached office space, adding to the home's functionality.With irrigation wells, ample space for horses, and the flexibility to run a business, this property is ideal for those seeking a blend of comfort and opportunity.

Listing Agent

Iralien Sainvilmar

Kokoye Realty, LLC License #19531 Listed on: 02/17/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Dirt Road
  • South Facing Home
  • Gated Home
  • Back Yard Fenced
  • Property is zoned RR-1

Parking

  • 2 Car Attached Garage
  • Multiple Garage Doors

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,220 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Single Hung Metal Windows
  • Multiple Living Areas
  • Sunken Living Room
  • Home Office
  • Security Gate
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • CRI Green Label Plus Certified Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Covered patio or porch
  • Covered Courtyard
  • Shed
  • Outbuilding

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Pellet Stove burns compressed wood to generate heat
  • 220 Volts in Garage
  • Natural Gas Connected
  • Irrigation Water Rights

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 1 011 040 522 471 000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,982

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Driving south on I-25, take the Broadway Exit. Keep left to continue on Broadway South. Turn right on Pleasant Lane to the property.
  • Listing Contract Date: 2025-01-26
  • Year Built: 1983
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Road Surface Type: Alley Paved, Dirt
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Concrete
  • Appliances: Dishwasher, Free-Standing Gas Range
  • Interior Amenities: Wet Bar, Breakfast Bar, Breakfast Area, Ceiling Fan(s), Home Office, Multiple Living Areas, Shower Only, Skylights, Separate Shower, Sunken Living Room
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Pellet Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3220.0
  • Window Features: Metal, Skylight(s)

Exterior Features

  • Exterior Features: Courtyard, Fence, Patio
  • Roof: Pitched, Shingle
  • Fencing: Back Yard, Gate
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Other Structures: Barn(s), Outbuilding, Shed(s)
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Door-Multi, Electricity, Garage, Two Car Garage

Utilities

  • Cooling: Evaporative Cooling
  • Electric: 220 Volts in Garage
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Green Features

  • Green Power: None

Lot Info

  • Zoning: RR-1
  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1 011 040 522 471 000000
  • Zoning Description: R-1
  • Irrigation Water Rights: Yes

Tax Info

  • Tax Annual Amount: 1981.6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,959 $59,794 $7,682 $52,112
2023 $1,982 $59,794 $9,257 $50,537
2022 $1,915 $59,794 $9,099 $50,695
2021 $1,922 $59,794 $9,701 $50,093
2020 $1,947 $59,794 $9,546 $50,248
2019 $1,940 $59,794 $9,546 $50,248
2018 $1,922 $59,794 $9,472 $50,322
2017 $1,891 $59,794 $12,355 $47,439
2016 $1,834 $59,794 $12,355 $47,439
2015 -- $58,675 $12,355 $46,320
2013 -- $55,307 $12,355 $42,952
2011 -- $161,088 $35,985 $125,103
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $850,000 -29.8% $264 / Sq Ft
02/17/2025 02/17/25 For Sale $1,210,000 -- $376 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

About the Listing Agent

Iralien Sainvilmar

Kokoye Realty, LLC

(505) 594-3028

Section Image

I'm an expert real estate agent with Kokoye Realty, LLC in Rio Rancho, NM and the nearby area, providing homebuyers and sellers with professional, responsive and attentive real estate services. With over 25 years of experience in sales and customer service, I have dedicated my career to making dreams come true for both buyers and sellers. Real estate is more than just transactions—it’s about helping people find the perfect place to call home or take the next big step in their journey.

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Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1078424

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-040-522-471-000000