1550 Juan Perea Road, Los Lunas, NM 87031

Los Lunas
Local realty services provided by:ERA Sellers & Buyers Real Estate
1550 Juan Perea Road,Los Lunas, NM 87031
$949,000
  • 3 Beds
  • 2 Baths
  • 2,034 sq. ft.
  • Single family
  • Active
Listed by: trung d doan
Office: equity new mexico
MLS#:1101420
Source:NM_SWMLS

Price summary

  • Price:$949,000
  • Price per sq. ft.:$466.57

About this home

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,

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Home facts

  • Year built:1959
  • Listing ID #:1101420
  • Added:1 day(s) ago
  • Updated:April 10, 2026 at 02:17 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Laminate, Tile
  • Kitchen Description:Free Standing Electric Range
  • Living area:2,034 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Central, Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1959
  • Building area:2,034 sq. ft.
  • Lot area:1.15 Acres
  • Architectural Style:A Frame
  • Construction Materials:Adobe, Brick Veneer
  • Exterior Features:Patio, Private Yard
  • Levels:1 Story

Schools

  • High school:Los Lunas
  • Middle school:Los Lunas
  • Elementary school:Ann Parish

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$949,000
  • Price per sq. ft.:$466.57
  • Tax amount:$268

Features and amenities

  • Amenities:Metal Windows, Single Pane Windows

Parking

  • Garage:Yes
  • Garage spaces:2

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