# 1550 Juan Perea Road, Los Lunas, NM 87031

> **TL;DR:** 3bd/2ba single family, $949,000 ($467/sqft), built 1959, 2,034 sqft.
> Fireplace, A/C. Est. $4,112/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $949,000 |
| Price/sqft | $467 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 2,034 |
| Year Built | 1959 |
| Lot Size | 50,094 sqft (1.15 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,112 |
| **Total** | **$4,112** |

## Nearby Schools

- **Elementary:** Ann Parish
- **Middle:** Los Lunas
- **High:** Los Lunas

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1959
- 1.15 acre lot
- Fireplace

## Description

### 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,

## Location

- **Address:** 1550 Juan Perea Road, Los Lunas, NM 87031
- **County:** Valencia
- **Neighborhood:** Lands Of Henry Perea
- **Coordinates:** 34.789543, -106.737277
- **Google Maps:** https://www.google.com/maps?q=34.789543,-106.737277

## Listing Agent

- **Name:** Trung D Doan
- **Brokerage:** Equity New Mexico
- **Phone:** 5052396927
- **Email:** trungducdoan@gmail.com

## Primary Photo

![1550 Juan Perea Road - Primary Photo](http://lh.rdcpix.com/7293969660a4d482b2bc5a58760001d3l-f662202046r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/1550-juan-perea-road-los-lunas-nm-87031-1101420)*

---

**MLS#:** 1101420 | **Updated:** 2026-04-26
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1550-juan-perea-road-los-lunas-nm-87031-1101420)

---

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