0 WALLACE Lane, Corrales, NM 87048 (MLS# 1072617)

0 WALLACE Lane, Corrales, NM 87048

$4,250,000

Property Type: Farm & Ranch Lot Size (sq. ft.): 827,640 Status: Active

Current Price: $4,250,000 List Date: 10/17/2024 Last Modified: 7/28/2026

Overview

Description

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.

Listing Details MLS# 1072617

Location

Street Name: WALLACE
St Suffix: Lane
County: Sandoval
City/Town Code: Corrales
State/Province: NM
Zip Code: 87048
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.
MLS Area Major: 130 - Corrales
Zone Atlas: NOZA

General Property Description

Property Sub-Type: Farm
House on Property: No
Included: No
Acres: 19
Lot SqFt: 827640
Lot Size Source: Survey
Apx Deeded Acres: 19
Apx Acres Leased: 9
Subdivided: Yes
Livestock Included: No
Private Hunting: No
State Hunting: No
Title: Fee Simple
Flood Zone: X

Tax Legal Info

Subdivision Name: Ventana Grande Subdivision

Sales Info

Trade/Xch Considered: No

More Information

Property Features

Possession: Day of Funding Type Lease: Private Livestock: None Crops: Hay; Vegetables; Other - See Remarks Road Frontage Type: See Remarks Road Surface Type: See Remarks Utilities: Electricity Available; Natural Gas Available Wastewater: None Water Source: None Improvements: Fenced Irrigation Source: Ditch Topography: Mostly Level; Terraced Finance Considered: Cash; Conventional Zoning: A-1

Documents

Plat/Map Survey ›

Listing Office: Sotheby's International Realty

Last Updated: July - 28 - 2026

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