0 Wallace Ln, Corrales, NM, 87048
About This Home
Ventana Grande Subdivision presents a rare development opportunity to create a quality community lifestyle in the Village of Corrales. This 19 acre subdivision includes a New Mexico Land Conservancy Easement that is presently being farmed and leased, as well as an Equestrian Easement. First time being offered for sale since 1952! This prime acreage is in a superb Corrales greenbelt location and has so many options and possibilities for quality living and/or development. MRGCD. Seller will discuss, and clarify any water rights that will convey with new owner. For more information please contact Robin Riegor, Broker.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Farm
Property
Lot
- Lot size: 19 Acres
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
- Earthquake
- Inland Flooding
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Sandoval County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $21,490 | $257,880 |
| Home Insurance * | $192 | $2,304 |
| Property Taxes | $2,337 | $28,044 |
| Electricity | $148 | $1,780 |
| Total | $24,167 | $290,004 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
No price history available
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