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625 Camino De Corrales Del Norte, Corrales, NM, 87048

5beds
7baths
12,024sqft
$1,599,000
$133price/sqft
$10,010/moest. monthly cost
$400,400/yrincome needed

About This Home

Located behind secure gates on 2.51 acres, this stunning contemporary estate offers both privacy and convenient access to the Corrales Bosque and the Rio Grande River. A striking entry atrium welcomes you with an indoor garden and expansive skylight, filling the space with natural light. The main living area is designed for both comfort and entertaining, featuring a built-in bar and a beautifully crafted wood-beamed ceiling with custom detailing. The kitchen is well-appointed with custom cabinetry, sleek countertops, a commercial-grade range, and an oversized island with seating and additional storage. The spacious owner’s suite includes a cozy fireplace and a luxurious en-suite bathroom with dual sinks, a freestanding tub seamlessly integrated with the shower, and an impressive walk-in closet. A detached casita offers excellent flexibility with two bedrooms and two bathrooms—ideal for guests or extended living. The property also includes a pool (in need of repair), adding to its potential as a private retreat. This unique property is a must-see for those seeking space, style, and privacy in a prime location.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

8/10
3/10
Taylor Middle SchoolGrades 6-86.9 mi
3/10
Cibola High SchoolGrades 9-125.7 mi

Construction

Condition

  • Year built: 1985

Materials

  • Roof: Flat

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,One Story,See Remarks
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 6
  • 3/4 bathrooms: 1

Features

  • No Interior Steps
  • Number of fireplaces: 3
  • Fireplace features: Insert
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air,Refrigerated

Interior Area

  • Total structure area: 12,024
  • Total interior livable area: 12,024 sqft

Living Room

  • Level: Lower
  • Dimensions: 24x51

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: R126714
  • Special condition: Real Estate Owned

Features

  • Levels: One
  • Stories: 1
  • Pool features: Gunite,Pool
  • Living area range: 5,000+

Lot

  • Lot size: 2.51 Acres

Parking

  • Total spaces: 3
  • Parking features: Attached,Carport,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Carport: Yes

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Earthquake
Hail
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 $8,085$97,020
Home Insurance *$192$2,304
Property Taxes $879$10,548
Electricity $854$10,258
Total$10,010$120,120
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$343,200/yr
40% on housing$300,300/yr
45% on housing$266,933/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

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 87048$375
Sandoval County$216

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
2024-09-30Listing removed$2,300,000
2024-04-03Price change$2,300,000
2023-12-01Price change$2,380,000
2023-11-01Price change$2,520,000
2023-10-17Listed for sale$2,660,000
2023-10-05Listing removed--
2023-10-02Price change$2,660,000
2023-08-21Price change$2,800,000
2023-05-09Listed for sale$2,900,000

Unknown Listed By

AgentMelinda M. Baisa
BrokerageBerkshire HHNMP

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