Active

131 Shae Road

Corona, NM 88318

$450,000 $1,897/Mo

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Overview

Bed

Bath

2,099

Sqft

39.53

Acres(Lot)

Description

Nestled in the picturesque Cougar Mountain Estates in Corona, Lincoln County, this custom pueblo-style home offers unparalleled serenity and breathtaking year-round views. Set on a spacious 40-acre lot, the property is bordered on the west by the sprawling 34,000 acres of Cibola National Forest, providing endless opportunities for outdoor adventures and exploration. This 2,099 sq. ft. home features 3 bedrooms and 2.5 bathrooms, with a master suite that includes a large walk-in closet. Fully furnished and ready for immediate move-in, the property also boasts a 20' x 30' metal shop, perfect for storage or hobbies. Enjoy frequent sightings of local wildlife, such as elk and deer, and take advantage of the nearby town fishing pond, just 5 minutes away.

Property Details

Property Type : Residential

Price : $450,000

AD Id : 59243079

MLS Id : 1067480

Beds : 3

Lot Size : 39.53 Acres

Living Area Size : 2,099

Year Built : 2001

Garage : 2

County : Lincoln

Subdivision: Falls Crossing

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 3 Full Baths: 2 Half Baths: 1
Flooring Information

Laminate
Roofing Information

Flat
Interior Features

Beamed Ceilings, Ceiling Fan(s), High Speed Internet, Master Downstairs Roof: Flat Appliances: Dryer, Free-Standing Gas Range, Microwave, Refrigerator, Washer Laundry Features: Gas Dryer Hookup Window Features: Double Pane Windows, Insulated Windows
Heating & Cooling

Has Heating: Yes Heating: Propane Has Cooling: Yes Cooling: Ceiling Fan(s)

Building Information

Year Built: 2001 Building Area Total: 2099 Construction Materials: Frame, Stucco Stories: 1 Patio And Porch Features: Covered, Patio Private Pool: No Association Fee Frequency: Annually
Exterior Features

Exterior Features: Fire Pit, RV Hookup

Lot Information

Lot Size Acres: 39.53 Lot Size Source: Estimated Lot Size Square Feet: 1721927 Lot Description: Landscaped, Views, Wooded

Listing Price Information

Listing Price: $450000 Original Price: $500000 Cash, Conventional, FHA, VA Loan

Tax Information

Parcel Number: 4074001100458000000 Annual Tax: $1153.25 Tax Legal Desc: N/A

Parking Information

Attached, Garage, Oversized, Storage, RV Access/Parking

Garage Information

Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

Homeowners Association Information
Has Association: Yes HOA: $125.00

Utility Information

Electricity Connected, Propane, Water Connected
Location Information

Direction: From NM 42 and Pinon St: SW on Pinon to Katrina Rd. Stay on Katrina to Shae Rd. Left on Shae to property on left. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
260 Franklin Street, Corona, NM, 88318	$182,000	2	2	1,951	1,951 SqFt
485 Katrina Road, Corona, NM, 88318	$430,000	3	3	1,715	1,715 SqFt
12 Elk Road, Corona, NM, 88318	$399,000	2	2	1,612	1,612 SqFt

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ByOwner last updated this listing 07/18/2026 @ 23:16

MLS: 1067480 LISTED BY: Matthew Chavez, Realty One Group Concierge 505-318-1111 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)