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2201 Loma Larga Rd, Corrales, NM, 87048

4beds
4baths
3,196sqft
$975,000
$305price/sqft
$5,885/moest. monthly cost
$235,400/yrincome needed

About This Home

4 Bed/4 Bath home with great land opportunity For Sale in Corrales, New Mexico. Property sits at 1.74 acres. The home provides living space to include an open kitchen with a kitchenette area, a separate dining room, and an attached two car garage. This home has 3 fireplaces, lots of windows for natural lighting and high ceilings. The backyard covered patio and up-stairs deck make a perfect setting for entertaining and provides beautiful views of the Sandia Mountains and amazing Balloon Fiesta views. Property sits within a fenced yard, an electric entry gate, private well, and septic tank. The open yard provides plenty of space to to build corrals or living space for all your animals, grow crops or gardens, and provides a clean palette to create your landscaping vision. Red Hay Stalls and shed in pictures have been torn down.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

8/10
3/10
Cibola High SchoolGrades 9-122.8 mi
4/10
Taylor Middle SchoolGrades 6-84.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2018

Materials

  • Foundation: Permanent
  • Roof: Pitched,Tile
  • Construction materials: Frame,Stucco

Other

  • Builder name: Venetian Custom Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Double Oven,Dishwasher,Water Softener Owned
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Area: 120

Features

  • Attic,Bathtub,Ceiling Fan(s),Separate/Formal Dining Room,Dual Sinks,Entrance Foyer,Garden Tub/Roman Tub,High Ceilings,Kitchen Island,Loft,Main Level Primary,Pantry,Soaking Tub
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Tile,Vinyl
  • Number of fireplaces: 3
  • Fireplace features: Gas Log,Kiva
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 3,196
  • Total interior livable area: 3,196 sqft

Kitchen

  • Level: Main
  • Area: 187

Living Room

  • Level: Main
  • Area: 120

Primary Bedroom

  • Level: Main
  • Area: 180

Property

Details

  • Parcel number: 1015068315070
  • Zoning description: A-1

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck,Open,Patio
  • Exterior features: Deck,Private Yard
  • Fencing: Full,Gate
  • Has view: Yes
  • Horses can be raised: Yes

Lot

  • Lot size: 1.74 Acres
  • Features: Corner Lot,Few Trees,Views

Parking

  • Total spaces: 2
  • Parking features: Attached,Door-Multi,Garage,Two Car 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 $4,930$59,160
Home Insurance *$192$2,304
Property Taxes $536$6,432
Electricity $227$2,726
Total$5,885$70,620
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$201,771/yr
40% on housing$176,550/yr
45% on housing$156,933/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

$305This listing

vs Other Active Listings

Avg $/sqft

ZIP 87048$365
Sandoval County$215

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
2026-06-08Price change$975,000
2026-03-12Listed for sale$995,000
2016-12-30Sold--

For Sale by Agent

AgentJennifer N Alderete
BrokerageL3 Realty, LLC

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