1604 Juan Perea Road
Los Lunas, NM 87031
3
Bed
2
Bath
900Sqft
1Acre(Lot)
Are you looking for something you can live on, or something you can turn into a serious investment? Property has irrigation rights through MRGCD,Because this one gives you both. You have over 5 acres in Los Lunas, and the positioning is what makes it stand out. The property backs up to commercial, which opens the door to rezoning or a mixed use play. You are not stuck with one path here.Now think about this from a development angle. A sewer line runs through the middle of the property. That changes everything. It gives you the ability to subdivide into multiple lots, up to 20 plus depending on layout and approvals. That is where investors start paying attention.You could take it further. Build commercial on the ground level and residential above. Small retail, office, or service use below,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2 -
Flooring Information
Carpet, Laminate, Tile -
Roofing Information
Shingle -
Interior Features
Breakfast Bar, Ceiling Fan(s), Master Downstairs Roof: Shingle Appliances: Free-Standing Electric Range Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Central, Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s), Evaporative Cooling
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Building Information
Year Built: 1959 Building Area Total: 900 Construction Materials: Adobe, Brick Veneer Stories: 1 Patio And Porch Features: Covered, Patio Private Pool: No -
Exterior Features
Exterior Features: Private Yard
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Lot Information
Lot Size Acres: 1 Lot Size Source: Public Records Lot Size Square Feet: 43560Property Information
Subdivision: Lands Of Henry Perea Source Property Type: Residential Postal Code Plus 4: 7430 Zoning Description: R-1 Property SubType: Single Family Residence Direction Faces: West Levels: One Property Age: 67
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Listing Price Information
Listing Price: $949000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 1009037216250 Annual Tax: $598.84
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Garage Information
Has Garage: Yes Garage Space: 2
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School Information
Elementary School: Ann ParishJunior High School: Los LunasSenior High School: Los Lunas -
Utility Information
Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected -
Location Information
Direction: Southwest on I-25 S Take exit 203 for NM-6 toward Los Lunas 0.2 mi Turn left onto NM-6 East Main St NW Turn right onto NM-314 West Hwy 314 SW Turn left onto Morris Rd 249 ft Turn left onto Juan Perea Rd. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1448 Calle Breve Street, Los Lunas, NM, 87031 | $399,860 | 3 | 3 | 1,883 | 1,883 SqFt |
| 1237 Carter Drive, Los Lunas, NM, 87031 | $324,900 | 3 | 2 | 1,268 | 1,268 SqFt |
| 1245 Carter Drive, Los Lunas, NM, 87031 | $374,900 | 4 | 3 | 1,845 | 1,845 SqFt |
| 1407 Besaw Street, Los Lunas, NM, 87031 | $396,900 | 4 | 3 | 1,845 | 1,845 SqFt |
| 1256 Carter Drive, Los Lunas, NM, 87031 | $394,900 | 4 | 3 | 1,845 | 1,845 SqFt |
| 1260 Carter Drive, Los Lunas, NM, 87031 | $339,900 | 3 | 2 | 1,268 | 1,268 SqFt |
| 1469 Brillo Del Cielo S.., Los Lunas, NM, 87031 | $339,990 | 3 | 2 | 1,420 | 1,420 SqFt |
| 1457 Calle Oeste, Los Lunas, NM, 87031 | $365,990 | 4 | 2 | 1,602 | 1,602 SqFt |
| 1410 Besaw Street, Los Lunas, NM, 87031 | $404,900 | 4 | 3 | 1,883 | 1,883 SqFt |
| 1402 Besaw Street, Los Lunas, NM, 87031 | $319,900 | 2 | 2 | 1,047 | 1,047 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 03:24
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