1604 Juan Perea Road, Los Lunas, NM 87031

$949,000
3
BD
2
BA
900
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$949,000
Status
ACTIVE
Days on Market
110
MLS#
1101420
Subtype
Residential
Style
A-Frame
Architectural Style
A-Frame
Year Built
1959
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
900
Lot Size
43,560
Acres
1
Subdivision
Lands Of Henry Perea
Neighborhood
Lands Of Henry Perea
MLS Area Major
Los Lunas

Property Description

Are you looking for something you can live on, or something you can turn into a serious investment? Property has irrigation rights through MRGCD,Because this one gives you both. You have over 5 acres in Los Lunas, and the positioning is what makes it stand out. The property backs up to commercial, which opens the door to rezoning or a mixed use play. You are not stuck with one path here.Now think about this from a development angle. A sewer line runs through the middle of the property. That changes everything. It gives you the ability to subdivide into multiple lots, up to 20 plus depending on layout and approvals. That is where investors start paying attention.You could take it further. Build commercial on the ground level and residential above. Small retail, office, or service use below,

Additional Information

Interior Features
Breakfast Bar, Ceiling Fan(s), Multiple Living Areas, Main Level Primary
Exterior Features
Private Yard
Taxes
$598
Property Description
A-Frame
Zoning
R-1
Flooring
Carpet, Laminate, Tile
Appliances
Free-Standing Electric Range
Heating
Central, Forced Air
Air Conditioning
Evaporative Cooling
Exterior Construction
Adobe, Brick Veneer
Stories
1
Levels
One
Roof
Shingle
Garage Spaces
2
Elementary School
Ann Parish
Middle School
Los Lunas
High School
Los Lunas

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Trung D Doan from Equity New Mexico

Some of 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-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.