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About This Home

This 3-bedroom, 2-bathroom single family at 1550 Juan Perea Road in Los Lunas, NM is listed for $949,000 ($467 per sqft). Built in 1959, the home offers 2,034 sqft of living space on a 1.15 acres lot.

Agent Description

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,

Key Features

  • Built in 1959
  • 1.15 acre lot
  • Fireplace

Property Details

1 story
2 full
1959

Amenities

FireplaceA/C

Monthly Cost Estimate

$5,075/mo

20% down · 6.5% · 30 years

Principal$686
Interest$4,112
Insurance$277

Estimates only. Actual payments may vary.

Location

1550 Juan Perea Road

Los Lunas, NM 87031

Lands Of Henry Perea

Features & Amenities

Interior Features

BreakfastBarCeilingFansMultipleLivingAreasMainLevelPrimary

Exterior Features

PrivateYard

Property Details

Flooring

LaminateCarpetTile

Construction

Adobe BrickVeneer

Pool Features

Patio

Heating

Forced AirCentral

Appliances

FreeStandingElectricRange

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1550 Juan Perea Road is listed at $949,000 ($467/sqft). The estimated monthly payment is $4,112 based on 20% down at 6.5% interest.

Key features include: Built in 1959, 1.15 acre lot, Fireplace. Interior Features: BreakfastBar, CeilingFans, MultipleLivingAreas. Exterior Features: PrivateYard.

This property is listed by Trung D Doan and can be reached at 5052396927 or trungducdoan@gmail.com.

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TD

Trung D Doan

Agent at Equity New Mexico

(505) 239-6927

Listed by Equity New Mexico

MLS# 1101420· Source: listhub· Updated 1 days ago

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1550 Juan Perea Road, Los Lunas, NM 87031

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