$724,980

$264/sqftactive

400 Paseo De Corrales, Corrales, NM 87048

45 days on market

41 views

Beds

Baths

Sqft

2,750

Lot

1.00 ac

Built

1997

Type

single family

About This Property

$5,000 Buyer incentive to use for down payment or closing cost assistance PLUS a $1,000 home warranty!SIGNIFICANT PRICE REDUCTION! EXCEPTIONAL VALUE IN CORRALES WITH INCREDIBLE MOUNTAIN & CITY VIEWS THROUGHOUT!Unique opportunity to own a versatile property on a private, tiered acre in beautiful Corrales. The 2,750 SF main home offers 3 bedrooms, 2.5 baths, an open floor plan, great room with fireplace, formal dining, kitchen nook, breakfast bar, and a newly built game room with fireplace. The private primary suite features its own fireplace and stunning views.The separate 869 SF casita includes 2 bedrooms, 1 bath, full kitchen, dining area, great room, and fireplace. Ideal for multi-generational living, guests, or rental income, with estimated rental potential of $1,300-$1,600 per month.Both residences feature new septic systems, TPO roofs, stucco and new carpet. Enjoy privacy, flexible living arrangements, and spectacular views, all in a desirable Corrales setting. A rare opportunity offering space, versatility, and outstanding value!

Features & Amenities

Beamed Ceilings

Breakfast Bar

Breakfast Area

Ceiling Fans

Separate Formal Dining Room

Dual Sinks

Entrance Foyer

Great Room

High Ceilings

High Speed Internet

In Law Floorplan

Jetted Tub

Multiple Living Areas

Main Level Primary

Pantry

Shower Only

Skylights

Separate Shower

Walk In Closets

Fire Pit

Private Entrance

Private Yard

Landscaped

Views

Dryer

Dishwasher

Free Standing Electric Range

Disposal

Microwave

Refrigerator

Water Softener Owned

Washer

Carpet Flooring

Tile Flooring

Back Yard Fence

Wall Fence

Attached

Garage

Garage Door Opener

Oversized

4 Fireplaces

Water: Private,Well

Sewer: SepticTank

Subdivision: Lands Of Palmer

Elementary: Corrales

Middle: Corrales

High: Cibola

Property Details

MLS #	1111203
Property Type	single family
Year Built	1997
Garage	Yes
Heating	RadiantFloor,Radiant,Zoned
Cooling	EvaporativeCooling
Roof	Pitched
Foundation	Slab
Lot Size	1.00 acres (43,560 sqft)
Property Tax (est.)	$4,602/yr ($384/mo)
Price / Sqft	$264
Status	Active
Days on Market	45

About Corrales → Full Guide

Price vs. Neighborhood

This home

$724,980

Corrales median

$680,000

7% above the Corrales median. Homes here sell in an average of 62 days.

Commute Times

Unm

25 min

Downtown

20 min

Abq Studios

30 min

Sandia Labs

25 min

Kirtland Afb

30 min

Presbyterian

20 min

Intel Rio Rancho

10 min

Nearby Schools

Corrales Elementary

K-5 · Sandoval County

7/10

Corrales Middle School

6-8 · Sandoval County

6/10

Rio Rancho High School

9-12 · RRPS

6/10

Neighborhood Guide

Explore Corrales

Village & Luxury

Listing courtesy of Realty One of 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.