$949,000
$1054/sqftactive1604 Juan Perea Road, Los Lunas, NM 87031
Beds
3
Baths
2
Sqft
900
Lot
1.00 ac
Built
1959
Type
single family
About This Property
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,
Features & Amenities
Property Details
| MLS # | 1101420 |
| Property Type | single family |
| Year Built | 1959 |
| Garage | Yes |
| Heating | Central,ForcedAir |
| Cooling | EvaporativeCooling |
| Roof | Shingle |
| Lot Size | 1.00 acres (43,560 sqft) |
| Property Tax (est.) | $599/yr ($50/mo) |
| Price / Sqft | $1054 |
| Status | Active |
| Days on Market | 80 |
Listing courtesy of Equity New Mexico. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
Quick Facts
Looking for something different?
Our AI concierge can match you with homes based on what you actually want, not just filters.