Price Reduction - Primary on Main
Address
1604 Juan Perea Road, Los Lunas, NM
Price
$ 549,900
Property Attributes
- MLS#1101420
- TypeSingle Family
- Listing Status Active
- CountyValencia
- CityLos Lunas
- AreaLos Lunas
- Zip87031
- Style
- Year Built1959
- Taxes$ 598
- Price$ 549,900
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage900
- Lot Size1 Acres
Data Source:
Southwest MLS (SWMLS)
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,
| Elementary School | Middle School | High School |
|---|---|---|
| Ann Parish Elementary School | Los Lunas Middle School | Los Lunas High School |
| Price History | |
|---|---|
| 4/10/2026 | Listed $949,000 |
| 8/31/2026 | 42$549,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Forced Air |
| Cooling | Evaporative Cooling |
| Utilities | Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Underground Utilities,Water Connected |
| Possession | Closing & Funding |
| Roof | Shingle |
| Appliances | Free-Standing Electric Range |
| Garage Spaces | 2 |
| Patio/Porch Features | Covered,Patio |
| Architectural Style | A-Frame |
| Construction Materials | Adobe,Brick Veneer |
| Year Built | 1959 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Detached |
| Current Use | Irrigation |
| County | Valencia |
| New Construction | false |
| Property Type | Residential |
| Subdivision Name | Lands Of Henry Perea |
| Facing Direction | West |
| Garage Y/N | true |
| Green Energy Generation | None |
| Other Structures | Garage(s),Storage,Workshop |
| Full Baths | 2 |
| Status | Active |
| Directions | Southwest on I-25 S Take exit 203 for NM-6 toward Los Lunas 0.2 mi Turn left onto NM-6 East Main St NW Turn right onto NM-314 West Hwy 314 SW Turn left onto Morris Rd 249 ft Turn left onto Juan Perea Rd. |
| ModificationTimestamp | 2026-08-31T14:44:18.273-00:00 |
| High School | Los Lunas |
| City | Los Lunas |
| Disclosures | Lead Based Paint Disclosure,RANM 2100 Disclosure |
| Zoning Description | R-1 |
| MLS Area | 700 - Los Lunas |
| Lot Size Square Feet | 43560 |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Ann Parish |
| Property Attached Y/N | false |
| Land Lease Y/N | false |
| Tax Annual Amount | 598.84 |
| Middle/Junior High School | Los Lunas |
| Property Condition | Resale |
| Virtual Tour | https://www.homes.com/property/1604-juan-perea-rd-los-lunas-nm/p6new2ckh6ne1/?dk=0j3z5nx33x4bg |
| Builder Name | Unknow |
| Standard Status | Active |
| Year Built Source | Owner |
| Virtual Tour | https://www.homes.com/property/1604-juan-perea-rd-los-lunas-nm/p6new2ckh6ne1/?dk=0j3z5nx33x4bg |
| Property Sub Type Additional | Detached |
| PostalCity | Los Lunas |
Interior Features
| Interior Amenities | Breakfast Bar,Ceiling Fan(s),Multiple Living Areas,Main Level Primary |
|---|---|
| Flooring | Carpet,Laminate,Tile |
| Total Fireplaces | 1 |
| Fireplace Features | Outside,Wood Burning |
| Basement (Y/N) | false |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Clad,Metal,Single Pane |
| Fireplace Y/N | true |
| Laundry Features | Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup |
| Total Bedrooms | 3 |
| LivingAreaSource | Plans |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Private Yard |
|---|---|
| Lot Features | None |
| Water Source | Public |
| Building Area Total | 900 |
| Lot Size Acres | 1 |
| Road Surface Type | Paved |
| Private Pool | false |
| Lot Size Source | Public Records |
| Road Frontage Type | City Street |
| LotDimensionsSource | Public Records |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 87031
Price
Taxes
Year Built
IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Equity New Mexico Real Estate. Data last updated: September 22, 2026 5:39 AM UTC
Santa Fe Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
