0 WALLACE Lane Corrales, NM ^$ 4,250,000

0 WALLACE Lane

^$ 4,250,000

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0 WALLACE Lane

Corrales, NM, 87048

^$ 4,250,000

Studio Baths0.0

Monthly Estimate*

^$ 26,514

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Studio

Farms/Ranches for sale in Corrales, NM

for $4,250,000. The lot size is 19.

Ventana Grande Subdivision presents a rare development opportunity to create a quality community lifestyle in the Village of Corrales. This 19 acre subdivision includes a New Mexico Land Conservancy Easement that is presently being farmed and leased, as well as an Equestrian Easement. First time being offered for sale since 1952! This prime acreage is in a superb Corrales greenbelt location and has so many options and possibilities for quality living and/or development. MRGCD. Seller will discuss, and clarify any water rights that will convey with new owner. For more information please contact Robin Riegor, Broker.

Farms/Ranches Active

Price

^$ 4,250,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

^$ 28

Style

Lot Size

Town/City

Corrales

County/Region

Sandoval

MLS | Web ID

1072617

Features

General

Sewer None

Utilities Electricity Available Natural Gas Available Sewer Not Available Water Not Available

Possession Closing & Funding

Topography Level Terraced

Property Subtype Farm

Ownership Fee Simple

County Sandoval

Property Type Farm

Subdivision Name Ventana Grande Subdivision

Status Active

Directions Property is located East of Loma Larga and South of Meadowlark. The Equestrian Easement is included in the 19 acres for sale and it is the North border of this property.

City Corrales

Disclosures RANM 2100 Disclosure

Zoning Description A-1

MLS Area 130 - Corrales

Lot Size Square Feet 827640

Listing Terms Cash Conventional

Tax Annual Amount 28

Standard Status Active

Property Sub Type Additional Farm

Leasehold Rent $/Mo 0

Legal Description Lots 1 thru 5 and Tracts A and B Ventana Grande Subdivision. Being a Replat of: Tract 142 MRGCD Map No.18 Tract 143 A-B-C-2 of the Lands of Dorothy B Smith and Tract 2 MRGCD Map No 21. Located in the town of Alemeda Grant in projected Section 33 T. 12 N R 3 E. in projected section4 T. 11 N R. 3 E. NMPM Village of Corrales Sandoval County New Mexico September 2010.

Exterior

Fencing Fenced

Water Source None

Lot Size Acres 19

Road Surface Type See Remarks

Lot Size Source Survey

Road Frontage Type See Remarks

* Excluded Features

List By

Robin Kay Riegor

Listing Agent

Sotheby's International Realty

Broker

robinriegor@gmail.com

Affordability Calculator

$26,517

Per Month

Monthly Principal & Interest: $26,514
Monthly Property Taxes: $2
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Farm listings in Corrales, NM

Average List Price ^$4,250,000

Percent of Sale Price 0%

About Corrales, NM

8,641 Population

16% Since 2002

^$82,785 Median Income

56.04 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/6/2025	$4,250,000		Listed Price

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0 WALLACE Lane, Corrales, NM, 87048 is a Farms/Ranches for sale at $4,250,000 with a lot size of 19. 0 WALLACE Lane is a studio with 0.0 baths. The property's zip code is 87048 which is in Corrales, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/7/2025.

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0 WALLACE Lane

Farms/Ranches for sale in Corrales, NM

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