$9,736 Closing Credit¹
#1078076, Aaron Jackson, Listing Office: Capstone Realty, LLC
$725,000 List price
380 Penny Ln Corrales, NM 87048
$8,609
Closing credit¹
3 beds
2 full, 1 partial
2,490 sqft
1.0 acres
$291 / sqft
House
Property details
About 380 Penny Ln
Breathtaking 180-degree views of the Sandia Mountains with brilliant sunrises, captivating sunsets, bright moon risings. Immaculate condition - pride of ownership! Exposed beam ceilings, high-end finishes. A spacious private wing Owner's Suite, traditional Kiva fireplace, spa bath, walk in closet and office. Dream Chef's kitchen and large pantry. East wall of view windows; view laden, serene east yard with fountain, pergola, privacy wall and inviting landscaping. Coveted South Village of Corrales ''in town country' location provides quick access to Cottonwood Mall, local pubs, dining, historic sites, trails, acequias, greenbelt, airport, downtown, AF Base. Corrales is a 'safest city' and 'horse capital' of New Mexico.
Highlights
Home typeSingle Family Residence
HeatingRadiant
StatusActive
CoolingCentral Air
Size2,490 sqft
Lot size1 Acres
Year built2000
ParkingAttached, Garage
MLS #1080270
Attached garage2 spaces
FireplaceGas Log, Kiva
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Gas Oven, Gas Range, Dishwasher, Disposal, Range Hood
- Basement: No
- Flooring Type: Carpet, Tile, Wood
- Interior: Beamed Ceilings, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Family/Dining Room, Home Office, Jack and Jill Bath, Jetted Tub, Living/Dining Room, Main Level Primary, Separate Shower, Walk-In Closet(s)
- Fireplace: Gas Log, Kiva
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached, Garage
- Exterior: Private Yard, Sprinkler/Irrigation
- Architectural Style: Northern New Mexico
- Heating: Radiant
- Cooling: Central Air
- List Price: $725,000
- Price/SqFt: $291
- Annual Tax Amount: $5,346
- Tax Year: 2024
- Lot: Landscaped, Sprinklers, Views
- Directions: From Meadowlark or Sagebrush go north on Loma Larga to Penny Lane. Take a hard left/west on Penny Lane go up the hill. Home is on the right.
- Year Built: 2000
- Stories: 1
- Living Area: 2,490 SqFt
- Lot Size: 1 Acres
- MLS Number: 1080270
- MLS Name: SWMLS
- Office Name: Real Broker
- Office Phone: (505) 448-8888
- Office Email: nmbroker@therealbrokerage.com
- Listing Agent: Venturi Realty Group
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: 5/13/2025, 8:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
380 Penny Ln
$8,609
closing credit¹
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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 | $167,833 | $5,346 |
| 2023 | $162,946 | $5,239 |
| 2022 | $158,199 | $5,085 |
| 2021 | $153,592 | $4,986 |
| 2019 | $81,634 | $2,373 |
| 2018 | $79,256 | $2,279 |
| 2017 | $76,948 | $2,085 |
History based on county public records data.
Nearby schools
6
Rio Rancho Elementary School
Public District KG-5
1.0 mi
•4601 Pepe Ortiz Rd SE
7
Corrales Elementary School
Public District KG-5
1.4 mi
•200 Target Rd
7
Martin Luther King Jr. Elementary School
Public District KG-5
2.8 mi
•1301 Nicklaus Dr 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 majority of Corrales, NM residents have income between $35k-100k annually. Most families are married, no kids. 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
Frequently asked questions
Living in Corrales, NM
Transportation in Corrales is primarily oriented towards private vehicles, with well-maintained roads connecting residents to nearby cities and amenities. Public transit options are available, with services connecting to the larger metropolitan area. The village's layout and scenic trails also encourage walking and biking, with certain areas being particularly pedestrian-friendly. While ride-sharing services are present, they complement the existing transportation infrastructure, offering additional mobility solutions for residents and visitors.
Residents of Corrales have access to a range of essential services. The community is served by a number of public schools, providing educational opportunities from elementary through high school levels. Healthcare services are available in nearby cities, offering comprehensive care including urgent and primary care. The village also features a public library, and local retail and dining establishments reflect the unique culture of the area, with a focus on locally-sourced products and traditional New Mexican cuisine.
Corrales maintains a rural charm and a strong sense of community, celebrated for its agricultural roots and open spaces. The village prides itself on its local art scene, with numerous galleries and studios dotting the area. Seasonal events, such as the Corrales Harvest Festival, embody the community's connection to its agrarian history and foster a sense of togetherness among residents.
The housing landscape in Corrales is characterized by a predominance of single-family homes, which make up a significant portion of the market. These homes often feature Southwestern and Pueblo-style architecture, reflecting the region's cultural heritage. The area also offers a selection of townhouses and a limited number of apartments, providing options for various living preferences. The majority of the homes were built between the 1970s and the 1990s, with a homeownership rate that is high, indicating a stable residential community.
About 380 Penny Ln
The listing price of 380 Penny Ln property is $725,000.
The property 380 Penny Ln is a house located in Corrales, New Mexico, 87048.
Active Listing: 380 Penny Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 380 Penny Ln are: Rio Rancho Elementary School (GreatSchools Rating 6/10), Corrales Elementary School (GreatSchools Rating 7/10), Martin Luther King Jr. Elementary School (GreatSchools Rating 7/10), Lincoln Middle School (GreatSchools Rating 6/10), Rio Rancho Middle School (GreatSchools Rating 9/10), Eagle Ridge Middle School (GreatSchools Rating 6/10), Rio Rancho Cyber Academy (GreatSchools Rating 9/10), The Ask Academy (GreatSchools Rating 7/10), Independence High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $5,346 (source: MLS/based on county public records data).
The property at 380 Penny Ln has 3 bedrooms and 2 full and 1 half bathrooms.
The property 380 Penny Ln is 2,490 SqFt (source: MLS/tax record).
The year of construction for 380 Penny Ln is 2000.
This home is located at 380 Penny Ln in Corrales, NM and zip code 87048. This 2,490 square foot home, which was built in 2000, sits on a 1.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $725,000.
In April 2025 more than 1 listings in Corrales, NM were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 7 were sold below. The number of homes for sale in Corrales, NM decreased by 24.6% between March and April 2025. In April 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $685,000.
From Rocket Homes Real Estate and based on county public records data.