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125 Martha Ct, Corrales, NM, 87048

3beds
3baths
2,706sqft
$914,000
$338price/sqft
$5,507/moest. monthly cost
$220,280/yrincome needed

About This Home

Pristine custom home with 3 bedrooms plus office, nestled on a quiet cul-de-sac in the heart of Corrales. Filled with stunning natural light, soaring beamed ceilings and mountain views, this beautifully maintained home blends warmth, elegance and serene outdoor living. Updated gourmet kitchen features granite and quartz countertops, high-end stainless appliances, striking backsplash and abundant storage. Gorgeous stained concrete & tile floors; no carpet. Radiant heat. Anderson windows. Spacious owner's suite offers a spa-like bath with soaking tub and abundant light. Lush gardens, raised beds, peaceful pond and broad covered portal create an ideal setting for morning coffee, birdsong and outdoor enjoyment. A true Corrales treasure in a great location close to all amenities!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

8/10
3/10
Cibola High SchoolGrades 9-123.8 mi
4/10
Taylor Middle SchoolGrades 6-84.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1999

Materials

  • Foundation: Permanent
  • Roof: Flat
  • Construction materials: Frame

Other

  • Builder name: Hartenberger

Type & Style

  • Home type: SingleFamily
  • Architectural style: Pueblo
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Free-Standing Gas Range,Disposal,Microwave,Refrigerator,Range Hood,Water Softener Owned,Washer
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Beamed Ceilings,Breakfast Bar,Ceiling Fan(s),Separate/Formal Dining Room,Dual Sinks,Entrance Foyer,Great Room,High Ceilings,Home Office,Jetted Tub,Multiple Living Areas,Main Level Primary,Smart Camera(s)/Recording,Skylights,Walk-In Closet(s)
  • Window features: Double Pane Windows,Insulated Windows,Wood Frames,Skylight(s)
  • Flooring: Carpet Free,Concrete,Tile
  • Number of fireplaces: 1
  • Fireplace features: Custom,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Radiant,Zoned
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 2,706
  • Total interior livable area: 2,706 sqft

Kitchen

  • Level: Main
  • Area: 238

Living Room

  • Level: Main
  • Area: 342

Primary Bedroom

  • Level: Main
  • Area: 255

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1016068196414
  • Zoning description: A-1

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio
  • Exterior features: Courtyard,Privacy Wall,Private Yard,Water Feature,Sprinkler/Irrigation
  • Fencing: Full,Wall
  • Has view: Yes
  • Horses can be raised: Yes

Lot

  • Lot size: 0.96 Acres
  • Features: Cul-De-Sac,Garden,Lawn,Landscaped,Sprinklers Automatic,Sprinkler System,Few Trees,Views,Xeriscape

Parking

  • Total spaces: 2
  • Parking features: Attached,Finished Garage,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Earthquake
Inland Flooding
Wildfire
Winter Weather

FEMA Declared Disasters in Sandoval County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,621$55,452
Home Insurance *$192$2,304
Property Taxes $502$6,024
Electricity $192$2,308
Total$5,507$66,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$188,811/yr
40% on housing$165,210/yr
45% on housing$146,853/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$338This listing

vs Other Active Listings

Avg $/sqft

ZIP 87048$363
Sandoval County$214

vs Homes Sold Last Month

Median $/sqft

ZIP 87048
Sandoval County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Price change$914,000
2026-07-17Price change$929,000
2026-06-07Listed for sale$949,500
2025-03-05Sold--
2025-01-22Pending sale$895,500
2025-01-16Listed for sale$895,500

For Sale by Agent

AgentJeanne Kuriyan
BrokerageKeller Williams Realty

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