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3 Beds
4 Baths
3,619 sqft

$725,000

400 Paseo De Corrales, Corrales NM, 87048

Price per sqft$200.33
Built in1997
Property size3,619 sqft
Property typeResidential
Courtesy of Realty One of New Mexico

Overview

Active

Listed Sep 18, 2026

Updated 1h ago

HUGE PRICE REDUCTION & VIEWS--EXCEPTIONAL VALUE IN BEAUTIFUL CORRALES! Bring your vision to this incredible custom home and take advantage of a rare opportunity to create your own dream retreat. Perched to capture breathtaking mountain and city views, this unique property offers an extraordinary setting, generous potential with its casita, and the flexibility to make it truly your own. The main home and casita both feature new septic systems, TPO roofs and new carpet, giving the next homeowner an excellent head start. With the significant price reduction, there is now an exciting opportunity to invest in your own upgrades and personal touches while enjoying the beauty, privacy, and incredible views this tiered 1 acre property has to offer.Imagine waking up to spectacular mountain views and ending the day overlooking the city lights, all while enjoying the privacy and character that come with a truly custom property. Experience the beautify and character of Corrales living in this exceptional home that offers privacy, zero maintenance yards and the kind of setting that is increasing difficult to find.This property and its casita offers a rare combination of location views, versatility and income earning potential.With the price now significantly reduced, this is your opportunity to create the home you've envisioned while taking advantage of improvements already completed. Bring your ideas, make it your own, and enjoy the incredible setting for years to come!A truly special custom property with views that simply must be seen in person! This special Corrales home & casita are ready for it's next chapter! The separate 2 bedroom 1 bath casita measures 869sf. It too has BIG views, full kitchen, dining room and great room with a cozy fireplace. Primary residence measures 2750sf. You'll love the bright open floor plan and the newly built game room perfect for entertaining!The home boasts 3 bedrooms, 2.5 baths, Great Room with fireplace and a newly built Game Room with fireplace. Majestic views are also enjoyed by the homes Formal Dining Room, Kitchen Nook, and Breakfast Bar. The Split Master bedroom with fireplace BIG VIEWS provide the perfect sanctuary at the end of the day. This seperate Casita is perfect for In-Laws, Guest Quarters, Hobby Space or rent it out for additional income. Rents anywhere from $1,300 to $1,600 a month. The home and casita would be a perfect Multi-generational property! Both homes are move in ready!

$4,823/mo

Est. mortgage payment based on a $725,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1111203

Interior Features

Bedrooms
3
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1 Acre

Other Property Details

Taxes
$4,602
Tax Frequency
Annually
Garage
Yes
View
Yes
MLS provider logo

The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Robyn Tyra shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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