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1604 Juan Perea Road
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1604 Juan Perea Road Living Room
1604 Juan Perea Road Kitchen
1604 Juan Perea Road Backyard
1604 Juan Perea Road Home Office
1604 Juan Perea Road Bedroom
1604 Juan Perea Road Bathroom
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1604 Juan Perea Road

Los Lunas, NM 87031

$949,000
3 bd • 2 ba • 900 sqft • 1 acres
2 Car
Garage
1 Story
Stories
$1054
Per SQFT
1959
Year Built
04/10/2026
Listing Date
1101420
Listing #

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,

Interior

Bathrooms Total: 2
Bathrooms Full: 2
Fireplace (Y/N): Yes
Fireplaces Total: 1
Fireplace Features: Outside, Wood Burning
Interior Features: Breakfast Bar, Ceiling Fan(s), Multiple Living Areas, Main Level Primary
Appliances: Free-Standing Electric Range
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Flooring: Carpet, Laminate, Tile
Window Features: Clad, Metal, Single Pane

Building And Construction

Property Type: Residential
Property Sub Type: Detached
Property Sub Type Additional: Detached
Building Area Total: 900 sqft
Year Built: 1959
Architectural Style: A-Frame
Construction Materials: Adobe, Brick Veneer
Garage (Y/N): Yes
Garage Spaces: 2
Roof: Shingle
Builder Name: Unknow
Levels: One
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 1
Lot Size Square Feet: 43,560 sqft
Exterior Features: Private Yard
Patio And Porch Features: Covered, Patio
Direction Faces: West

Provisional

MLS #: 1101420
Current Use: Irrigation
Listing Terms: Cash, Conventional, FHA, VA Loan

Area And Schools

City: Los Lunas
Postal Code: 87031
MLS Area Major: Los Lunas
Subdivision: Lands Of Henry Perea
County: Valencia
Irrigation Source: Canal/Ditch
Other Structures: Garage(s), Storage, Workshop
Road Frontage Type: City Street
Road Surface Type: Paved
Parcel Number: 1009037216250
Elementary School: Ann Parish
Middle School: Los Lunas
High School: Los Lunas

Utilities

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Heating (Y/N): Yes
Water Source: Public
Sewer: Public Sewer

Location

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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.

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Listing courtesy of Equity New Mexico
Southwest MLS Logo 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.
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550