New - 12 hours on Rocket
$10,000 Closing Credit¹
#1077301, Marilyn J Eifert, Listing Office: Q Realty
$10,000
closing credit¹
140 Palacio Rd Corrales, NM 87048
$1,199,000 List price
$10,000
Closing credit¹
4 beds
1 full, 1 partial
3,563 sqft
0.9 acres
$337 / sqft
House
Property details
About 140 Palacio Rd
Nestled in the heart of Corrales, this stunning NM-style adobe home at 140 Palacio offers timeless charm and modern elegance. Featuring authentic wood beams and classic adobe construction, this property captures the essence of Southwestern living. Enjoy breathtaking, unobstructed views of the Sandia Mountains, the Rio Grande Bosque, and the city lights, all from your private oasis. Expansive windows bathe the interior in natural light, connecting you to the outdoors. Perfect for those seeking tranquility and beauty, this home combines traditional architecture with unparalleled scenery.
Highlights
Home typeSingle Family Residence
HeatingOther, Multi Unit(s), Natural Gas
StatusActive
CoolingMulti Unit(s), Central Air
Size3,563 sqft
Lot size0.86 Acres
Year built1989
ParkingAttached, Finished Garage, Garage, Garage Door Opener, Oversized, Storage
MLS #1071325
Attached garage3 spaces
FireplaceKiva, Log Lighter, Wood Burning Stove
Private poolYes
Summary
- MLS Number: 1071325
- MLS Name: SWMLS
- Office Name: Casa Montoya Realty
- Office Phone: (505) 681-3125
- Office Email: mario@casamontoyarealty.com
- Listing Agent: Mario Eleazar Montoya
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,199,000
140 Palacio Rd
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $157,050 | $4,998 |
| 2023 | $152,475 | $4,898 |
| 2022 | $148,035 | $4,754 |
| 2021 | $143,723 | $4,662 |
| 2019 | $135,473 | $4,187 |
| 2018 | $131,527 | $4,031 |
| 2017 | $127,696 | $3,695 |
History based on county public records data.
Nearby schools
5
Seven Bar Elementary School
Public District KG-5
1.4 mi
•4501 Seven Bar Loop Rd NW
7
Martin Luther King Jr. Elementary School
Public District KG-5
2.0 mi
•1301 Nicklaus Dr SE
6
Rio Rancho Elementary School
Public District KG-5
2.1 mi
•4601 Pepe Ortiz Rd SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $105,451. The most common annual income of people living in Corrales, NM is between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
12%
<35k
35%
35k-100k
32%
100k-200k
21%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
4%
Single, with Kids
50%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
6%
12-17 yrs old
8%
18-34 yrs old
54%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Symphony or Opera
Where do the neighbors shop?
Stein Mart
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Bob Evans
Bonefish Grill
Chipotle
What do the neighbors drive?
Lincoln
Cadillac
Mazda
What do the neighbors listen to?
News/Talk/Information
Classical
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
3D tour
$10,000 Closing Credit¹
#1074921, Timothy A Valdez, Listing Office: Home Equity Real Estate
$8,146 Closing Credit¹
#1076087, Edward Donovan, Listing Office: Continental RE Group, Inc
3D tour
$4,038 Closing Credit¹
#1074010, Sonya A Olguin, Listing Office: Keller Williams Realty
$6,531 Closing Credit¹
#1072665, Patricia A Culp, Listing Office: Coldwell Banker Legacy
3D tour
$7,113 Closing Credit¹
#1070460, Edgar Santana Sanchez, Listing Office: Sotheby's International Realty
Frequently asked questions
Living in Corrales, NM
About 140 Palacio Rd
This home is located at 140 Palacio Rd in Corrales, NM and zip code 87048. This 3,563 square foot home, which was built in 1989, sits on a 0.86 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,199,000.
Corrales, NM housing market in December 2024 saw over 1 listings sold above listed price, more than 8 sold at listed price and over 9 sold below. The number of listings in Corrales, NM decreased by 19.7% between November and December 2024. The median list price of listings available in December 2024 was $677,500, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.