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FHA Eligible Homes in Corrales

Find FHA eligible homes in Corrales, New Mexico. FHA loans offer low down payments, flexible credit requirements, and are perfect for first-time homebuyers.

Showing 25 listings in Corrales. Want to refine your search? Use our Advanced Home Search to filter by price, bedrooms, features, and more.

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How important are Scenery when you are choosing a home?Because this one delivers the moment you arrive.You pull up on Penny Lane and the setting already feels different. The home sits elevated above Corrales, which gives you wide, unobstructed views of the Sandia Mountains and the city lights at night. In the morning, the sunrise fills the home. In the evening, the mountains turn that deep purple people move here for. During Albuquerque International Balloon Fiesta, you will see balloons drifting right past your windows.Walk through the courtyard and you feel that Southwest character right away. Inside, the home opens up with natural light coming through large picture windows and skylights. No carpet anywhere, just clean laminate and tile flooring that makes upkeep simple.

3
BEDS
2
BATHS
2,290
SQFT
0.5
ACRES

Sophistication meets serenity in this luxurious 1.7 acre estate. Soaring wood-trussed ceilings and classic high-end finishes create an atmosphere of timeless elegance. The heart of the home is a chef's sanctuary, featuring a grand granite island, professional-grade appliances, and a dedicated butler's prep kitchen. Entertainment wing features a full wet bar, a tiered theater room, and a vast game room. The outdoor living space is resort style and a true oasis. Anchored by a sparkling pool, hot tub, outdoor kitchen featuring a specialty teppan grill, two outdoor covered patios, and newly installed latilla fence around the entire professionally landscaped property ensures absolute privacy. The property is completed by a fully equipped 2 bedroom guest casita, RV hookups, and paid off solar.

6
BEDS
5
BATHS
6,261
SQFT
1.72
ACRES

Incredible mountain and city views will truly take your breath away! This stunning Pueblo-style home, once featured in the Parade of Homes, offers panoramic vistas that will not disappoint. Step into a spacious entry foyer and immediately take in the majestic scenery visible from nearly every living space--including the private, split master suite. The primary residence features a bright and open great room, along with a newly built den/game room complete with a pool table--perfect for entertaining. Enjoy unforgettable views from the kitchen, den, & dining areas, living room, and master bedroom--every space is designed to showcase the beauty surrounding this home. Situated on a full acre, this property also includes a separate casita featuring 2 bedrooms, a full bath, kitchen, dining area

3
BEDS
4
BATHS
3,619
SQFT
1
ACRES
$680,000
-69,000$ 04/01

Nestled in the heart of the Village of Corrales, this stunning home offers breathtaking Sandia Mountain views and front-row seats to the famous fall balloon-filled skies. Thoughtfully updated and full of character, it features a new roof in 2024, new stucco in 2025, a new well pump installed in February 2026, fresh paint, and beautiful new quartz countertops with warm earth-tone veining. Inside, you'll find soaring 22 foot ceilings, Saltillo tile, radiant heat, Pella windows throughout, and abundant storage. Rich architectural details include exposed vigas, a split cedar herringbone-pattern ceiling, and nichos with gallery lighting perfect for showcasing artwork. The extended garage includes a workshop/private office or additional storage. Schedule today!

3
BEDS
3
BATHS
2,202
SQFT
0.68
ACRES

Looking for your own slice of peace & calming views? Look no further than this lovely 2 story home in Corrales. Sandia View comes equipped with 2 spacious rooms & closet sizes that will make you audibly gasp! The primary rooms has an attached balcony that allows the beauty & quiet enter your soul as you enjoy your morning coffee! This home offers a beautiful open floor plan that allows you to entertain, cook, dream & create your own memories with those you cherish the most. This home is full of character, charm & love, all it's missing is you!

2
BEDS
2
BATHS
1,109
SQFT
0.25
ACRES
$899,500
-50,500$ 03/27

Unobstructed VIEWS inside and out! Custom Single Level Sanctuary: 4 BR 3 Bath home on private 1.24 acres. Experience panoramic views of the Sandias, plus magic during Balloon Fiesta! Spacious open floor plan accommodates handicap accessibility. Great room features wall to wall windows & french doors open to covered patio for entertaining or relaxing. Owned SOLAR. Cook's kitchen: 5 burner induction cooktop, rich granite counters & breakfast bar. Primary BR suite with bay window, ceiling detail & luxurious bath with jetted tub, dual vanities, separate toilet with bidet.All BR's have hardwood floors. Spacious 3 Car Garage with electric charger.Drought tolerant landscaping. Experience the Corrales lifestyle with trails, quaint eateries, farmer's market, easy access to Santa Fe and ABQ via I-25

4
BEDS
3
BATHS
2,601
SQFT
1.24
ACRES
$1,395,000
-30,000$ 03/26

Panoramic views, this 3600sf 4/3/3 custom home on a cul-de-sac in the iconic village with stellar views of the Rio Grande Valley, city lights, and 50 miles of mountain ranges. Stunning sunrises/sunsets, city events from the perfect vantage point. Modernized in 2025 with a mountain chic design. The home features open concept with Oklahoma flagstone, Saltillo tile, and hand-painted Talavera tile floors. The kitchen was redesigned for an entertainer/chef with Bluestar Range/Hood, Thermador 65b wine fridge, 72'' fridge/freeze, ice maker, custom cabinets, RO system, quartz counters, farm sink & more. Features a wine/bar room, solar, gas, water purification, irrigation/landscaping, radiant heat, central vac, outdoor kitchen and patios, paved drive, RV parking, laundry/dog wash, and 3-car garage

4
BEDS
3
BATHS
3,542
SQFT
1.75
ACRES

In the Village of Corrales, this unique custom built home which sits on 1.74 acres within a fenced electric gate. This home provides 3196 sf of quality living space, an open kitchen with a kitchenette area and separate dining room, with an attached two car garage. This home has 3 fireplaces, lots of windows for natural lighting and high ceilings. The backyard covered patio and up-stairs deck make a perfect setting for entertaining and provides beautiful views of the Sandia Mountains and amazing Balloon Fiesta views. Private well and septic tank. The exterior of the property features established hay stalls, with an outside storage and provides a nice palette to create your landscaping vision. Come see your new home today!

4
BEDS
4
BATHS
3,196
SQFT
1.74
ACRES

Discover this charming and truly unique Northern New Mexico style home located in the heart of Corrales. Set on a lush, wooded 1.07 acre lot in the desirable greenbelt, just off Corales rd, A short distance to the Rio Grande and its scenic trails.The property offers privacy and tranquility The 3,851 sq ft main home features 3 bedrooms and 2.5 bathrooms ,filled with character and distinctive architectural details. A loft style area overlooking the main living space provides additional flexible living space. A detached 1,033 sq ft quest house offers great flexibility for guests, multigenerational living or a private studio. Outside, the property shines with a lush lawn, mature trees and a parklike setting, capturing the charm of Corrales living.

4
BEDS
4
BATHS
4,884
SQFT
1.07
ACRES

Great location! Great three bedroom floorplan! Primary Suite is separated! Large open rooms! Beautiful kitchen with stainless appliances and separated laundry room! Enjoy a private back courtyard with a covered patio or enjoy the covered patio in the front facing the Sandias. This special place has it all!

3
BEDS
2
BATHS
1,365
SQFT
0.03
ACRES

Introducing a rare opportunity to own a truly exceptional estate on 2 pristine acres at the highly sought-after north end of Corrales. With flexible seller financing options of 6% APR amortized over 30 years*, this one-of-a-kind property presents a rare opportunity to own a true Corrales masterpiece. This home would be perfect for a multi generational living situation. Having breathtaking, unobstructed views of the Sandia Mountains, this custom residence blends privacy, elegance, and superior craftsmanship in one of the area's most desirable locations. Built in 1999 by acclaimed builder Bill Bell of Sonoma Construction, the home features 8-inch Insulated Concrete Forms (ICFs), providing exceptional structural integrity, energy efficiency, and a remarkably quiet indoor environment. Inside,

4
BEDS
3
BATHS
6,416
SQFT
2
ACRES

Discover this exquisite custom home in a prime Corrales location. From the covered patio, savor stunning Sandia Mountain views by day and twinkling Albuquerque city lights by night, overlooking a beautifully landscaped backyard oasis.Inside: bright, open floor plan with premium finishes--elegant wood cabinetry, rich granite countertops, top-tier stainless steel appliances, and designer lighting. Features 4 large bedrooms, 3 well-appointed baths; luxurious primary suite with designer closet, garden tub, unique snail-shaped shower, and dual vanities.Custom kitchen, great room with a dramatic kiva fireplace, formal dining room, breakfast nook. Oversized 3-car garage + storage room.Embrace Corrales lifestyle: trails, farmers market, wineries, restaurants nearby, with easy access to amenities.

4
BEDS
3
BATHS
3,025
SQFT
1
ACRES

Experience the beauty and serenity of the countryside with our Corrales Property! Live a tranquil and laid-back lifestyle surrounded by nature and friendly neighbors. This 3 bedroom, 2 bathroom property offers plenty of space for your family to grow and play. With a large yard, you'll have plenty of room for outdoor activities and gardening. Embrace a true community-oriented lifestyle with this charming country property. Perfect for those seeking a peaceful and close-knit community, with all the modern conveniences of a comfortable home. Say goodbye to the hustle and bustle of the city, and hello to country living at its finest. Grab a cold glass of lemonade, kick off your shoes, and make yourself at home in our Corrales Property.

3
BEDS
2
BATHS
1,900
SQFT
1
ACRES
$489,999
-10,000$ 03/20

Welcome to this Beautiful home in the Prestigious Pueblo Los Cerros Community of Corrales. This rare, fully detached home has stunning views of the Sandia Mountains & 3 private courtyards which offer gorgeous sunrises & lovely sunsets. These serene outdoor spaces are perfect entertaining & dining, & a refined pet-friendly lifestyle. Recently enhanced with a Brand-New TPO Roof with transferable warranty in Feb 2026, New Re-Freshed Stucco with exterior paint. Elegant, open-concept living & dining area features high ceilings, skylights, & signature Kiva fireplace. A bright, spacious kitchen includes all appliances. The ample primary suite offers a cedar lined closet & walk-in tiled shower. Nice sized 2nd bedroom & full guest bath. Great laundry room w/utility basin Oversizsed 2 Car Garage.

2
BEDS
2
BATHS
2,024
SQFT
0.09
ACRES

Follow-the-buffalo charm in quiet Corrales: a signature trio of buffalo art leads you from courtyard to poolside in this exquisite custom home on a private .80-acre lot. Soaring ceilings with authentic vigas and an open, light-filled floorplan create an effortless indoor-outdoor flow anchored by a gorgeous atrium and a stunning pool. Entertain with an outdoor kitchen, multiple gathering spaces, a 2025 poolside hot tub plus two cozy fireplaces. The chef's kitchen features upgraded appliances, generous counters, and a central island. Luxurious primary suite with fireplace and spa bath. Three spacious bedrooms, radiant floor heat, versatile game/billiard room, 28 owned solar panels, and a passive-solar sunroom plus a winery & garden!

3
BEDS
3
BATHS
2,725
SQFT
0.86
ACRES

Rare Corrales Beauty with a 1,422 sq ft casita east of Corrales Road in the lush green belt! Casita/Pool House features open living/kitchenette area, bedroom, bath, covered patio area pool side and additional private covered patio area. The property also features a beautifully updated 3,711 sq ft main home complete with walk in climate controlled wine cellar. Step through the front gate into a private oasis with garden areas, courtyards, a live pond, and both covered and open patios surrounded by mature landscaping. Enjoy the resort-style setting with a hotel-sized in-ground pool, kiva fireplace, and separate hot tub. Ideal for extended living arrangements, guests, or flexible workspace, offering room to relax, create, and enjoy the peaceful Corrales setting.

5
BEDS
4
BATHS
5,133
SQFT
1
ACRES

This dual-gated, .94 acre estate in Corrales, with fresh exterior paint, is a custom, well-maintained, move-in-ready home offering privacy and panoramic mountain views by day, while city lights provide a stunning nightly backdrop to your private pool & hot tub. The interior stays true to its roots with exposed adobe walls, raised latilla ceilings, and original brick floors throughout. Recent improvements ensure a worry-free transition: Septic & roof updates (2025), new windows & exterior doors (2023), well pump & tank (2023), east & west HVAC (2020), perimeter coyote fence (2019). Historic Southwest character provides a serene sanctuary.

4
BEDS
3
BATHS
3,401
SQFT
0.94
ACRES
$950,000
-10,000$ 03/20

3-bed home in Corrales w/ mountain views set on nearly an acre at the end of a cul-de-sac. Enjoy radiant floor heat, 2 hand-sculpted plaster fireplaces, (1 in the primary bedroom), exposed adobe, wood ceilings, and custom cabinetry. Natural light fills the home creating a warm & inviting atmosphere highlighting the home's architectural detail & connection to its surroundings. The home offers both comfortable everyday living & the ability to adapt spaces for work, creative pursuits, or multi-use needs. Generous living areas provide flexibility for entertaining or quiet retreat. The design elements enhance flow & function across the home.Property highlights include a fully fenced lot, drive-through RV garage , oversized garage, fruit trees, & drought-tolerant plants. Horses welcome!

3
BEDS
3
BATHS
3,084
SQFT
0.98
ACRES
$949,990
-25,010$ 03/30

Garages galore! Custom elegant home. 3200 sq. ft. of Garages, 50'x16' RV garage with 14' doors +3 more garages equal in size to 7 additional car spaces. Rear garage has windows, washer and dryer gas hookups, kitchen sink + 3/4 bath. Fenced with electric gate. Sprinklered lawn + garden area and fruit trees. Horse allowed. Anderson windows, granite, wood doors, real wood cabinets, 2 pantries, Kohler, tinted front windows, upscale lighting, LED bulbs, 3 fireplaces, laundry room with sink, 2 master suites. 2 jetted tubs, 4 showers, plus 1 bedroom & Office/possible bedroom, high ceilings, central vac, alarm, intercom, 9 zone radiant heat including main garage, wifi thermostats, loft, upper balcony with spiral staircase, circular drive, stacked stone, 2 50 Amp RV hookups, water softener, well

3
BEDS
5
BATHS
3,559
SQFT
1
ACRES

A prime half-acre lot located in the heart of Corrales. This property features a 2005 Fleetwood mobile home on a permanant foundation and comes fully equipped with essential utilities, including onsite electric, gas, telephone, and cable services.The property has a private well and also includes an Albuquerque Vault 1500-gallon septic system. This is an ideal location for horse owners, as it offers close proximity to the Corrales irrigation ditches and features beautiful partial mountain views.

3
BEDS
2
BATHS
1,200
SQFT
0.5
ACRES

*HUGE PRICE REDUCTION* Bring the HORSES! Light floods this wonderful open floorpan with separate owners suite, lots of windows, GREAT mountain views, updated flooring, fresh paint. Large horse corral with shade on west side of corral and shelter and two stalls close to the house. Hay shed, tack shed, storage shed, and dog/goat run to accommodate all critters. Additional gate on east side of horse corral for easy access.

3
BEDS
2
BATHS
1,620
SQFT
1.1
ACRES
$1,895,000
-214,000$ 03/18

Located behind secured gates on 2.51 acres, this contemporary property offers privacy and close proximity to the Corrales Bosque and the Rio Grande River. The entry atrium includes an indoor garden and a large skylight providing natural light to the space. The main living area features a built-in bar and a wood-beamed ceiling crafted with beautiful custom detail. The kitchen includes custom cabinetry and countertops, a commercial-grade range, oversized pantry island with seating area and additional modern finishes. The owner's suite includes a fireplace and a bathroom with dual sinks a freestanding tub integrated with the shower area, and an amazing walk-in closet. Detached casita with 2 bedrooms and 2 bathrooms and not to mention a pool - (pool needs work). This home is a must see!

5
BEDS
7
BATHS
7,423
SQFT
2.51
ACRES
$530,000
-23,100$ 03/25

SELLER FINANCING OFFERED! Charming Corrales retreat on a half-acre with paid-off solar, mountain views, and rare flexibility. This spacious single-story home offers 4 bedrooms (POSSIBLE 5), 3 baths, and over 3,200 sq. ft. plus an additional finished attic for storage or creative space. A connected but separate guest quarters with private entrance, full bath, and two rooms is ideal for in-laws, guests, or Airbnb income. Features include tile and wood flooring, raised ceilings, and a large covered porch to enjoy sunrise views of the Sandias. With a private well, septic, and quiet paved access near Corrales' shops and trails, this home blends comfort, versatility, and value in one of New Mexico's most desirable areas.

4
BEDS
3
BATHS
3,285
SQFT
0.5
ACRES

Set on nearly an acre in the sought-after Corrales community, this property offers open space and exceptional potential for horse enthusiasts. The .94-acre lot provides ample room for stables, paddocks, or a small arena, with level ground ready for your custom equestrian setup.The 4-bedroom, 2-bath home sits amid sweeping Corrales views and endless skies, creating a true country retreat. With horses allowed, it's an ideal setting for rural living, hobby farming, or expanding outdoor amenities such as gardens, pastures, or additional outbuildings. Perfectly located near village shops and restaurants, and offering easy access to Albuquerque and Rio Rancho, this property delivers the rare balance of tranquility and convenience.

4
BEDS
3
BATHS
2,400
SQFT
0.94
ACRES

This is a rare opportunity to own a lush one-acre property in highly desirable East Corrales, complete with valuable water rights and irrigation access. The grounds are truly special, featuring mature shade trees, fruit-bearing pear, apple, plum, mulberry, and peach trees, a horse barn, and direct access to the Rio Grande Bosque trails, just a short five-minute walk away. Whether you're envisioning a small orchard, vineyard, or peaceful retreat with farm animals, this fully fenced property offers privacy, beauty, and endless possibilities.The home itself blends historic charm with thoughtful updates. Constructed with original adobe, this home features cathedral ceilings, wood and tile floors (no carpet), and two fireplaces, one of which is a traditional adobe fireplace that adds

3
BEDS
3
BATHS
2,395
SQFT
1
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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