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
-
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
-
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
-
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
-
Listing Price Information
Listing Price: $549900 Original Price: $949000 Cash, Conventional, FHA, VA Loan
-
Tax Information
Parcel Number: 1009037216250 Annual Tax: $598.84
-
Virtual Tour
Garage Information
Has Garage: Yes Garage Space: 2
-
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?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1410 Besaw Street, Los Lunas, NM, 87031 | $399,900 | 4 | 3 | 1,883 | 0.11 Acre |
| 1253 Carter Drive, Los Lunas, NM, 87031 | $419,900 | 5 | 3 | 2,323 | 0.10 Acre |
| 1248 Carter Drive, Los Lunas, NM, 87031 | $379,900 | 4 | 3 | 1,883 | 0.10 Acre |
| 1249 Carter Drive, Los Lunas, NM, 87031 | $379,900 | 4 | 3 | 1,883 | 0.10 Acre |
| 1407 Besaw Street, Los Lunas, NM, 87031 | $369,900 | 4 | 3 | 1,837 | 0.11 Acre |
| 1256 Carter Drive, Los Lunas, NM, 87031 | $364,900 | 4 | 3 | 1,837 | 0.11 Acre |
| 1240 Carter Drive, Los Lunas, NM, 87031 | $339,900 | 3 | 2 | 1,527 | 0.11 Acre |
| 1403 Besaw Street, Los Lunas, NM, 87031 | $325,900 | 3 | 2 | 1,268 | 0.12 Acre |
| 1422 Besaw Street, Los Lunas, NM, 87031 | $329,900 | 2 | 2 | 1,047 | 0.12 Acre |
| 1402 Besaw Street, Los Lunas, NM, 87031 | $307,900 | 2 | 2 | 1,047 | 0.12 Acre |
Similar Homes To 1604 Juan Perea Road
Nearby For Sale
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 ByOwner, 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.
ByOwner last updated this listing 09/29/2026 @ 12:44
More Cities with for Sale by Owner Homes
- Los Lunas Homes For Sale By Owner
- Peralta Homes For Sale By Owner
- Bosque Farms Homes For Sale By Owner
- Rio Communities Homes For Sale By Owner
- Belen Homes For Sale By Owner
- Bosque Homes For Sale By Owner
- Veguita Homes For Sale By Owner
- Tijeras Homes For Sale By Owner
- Los Ranchos Homes For Sale By Owner
- Albuquerque Homes For Sale By Owner
- Estancia Homes For Sale By Owner
- Tajique Homes For Sale By Owner
- McIntosh Homes For Sale By Owner
- Cedar Crest Homes For Sale By Owner
- Corrales Homes For Sale By Owner
- Mountainair Homes For Sale By Owner
- Rio Rancho Homes For Sale By Owner
- Sandia Park Homes For Sale By Owner
- Edgewood Homes For Sale By Owner
- Laguna Homes For Sale By Owner
Homes around $549,900
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.