Nestled in the picturesque Cougar Mountain Estates in Corona, Lincoln County, this custom pueblo-style home offers unparalleled serenity and breathtaking year-round views. Set on a spacious 40-acre lot, the property is bordered on the west by the sprawling 34,000 acres of Cibola National Forest, providing endless opportunities for outdoor adventures and exploration. This 2,099 sq. ft. home features 3 bedrooms and 2.5 bathrooms, with a master suite that includes a large walk-in closet. Fully furnished and ready for immediate move-in, the property also boasts a 20' x 30' metal shop, perfect for storage or hobbies. Enjoy frequent sightings of local wildlife, such as elk and deer, and take advantage of the nearby town fishing pond, just 5 minutes away.
For sale
Price cut: $50K (5/21)
$450,000
131 Shae Rd, Corona, NM 88318
3beds
2,099sqft
Single Family Residence
Built in 2001
39.53 Acres Lot
$648,000 Zestimate®
$214/sqft
$10/mo HOA
What's special
- 680 days |
- 293 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Matthew David Chavez 505-620-6530,
Realty One Group Concierge 505-318-1111
Source: SWMLS,MLS#: 1067480
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 302.46
- Dimensions: 14.2 x 21.3
Bedroom 2
- Level: Main
- Area: 174
- Dimensions: 11.6 x 15
Bedroom 3
- Level: Main
- Area: 163.08
- Dimensions: 10.8 x 15.1
Dining room
- Level: Main
- Area: 128.52
- Dimensions: 11.9 x 10.8
Kitchen
- Level: Main
- Area: 249.92
- Dimensions: 14.2 x 17.6
Living room
- Level: Main
- Area: 256.5
- Dimensions: 13.5 x 19
Heating
- Propane
Cooling
- Refrigerated
Appliances
- Included: Dryer, Free-Standing Gas Range, Microwave, Refrigerator, Washer
- Laundry: Propane Dryer Hookup
Features
- Beamed Ceilings, Ceiling Fan(s), Great Room, High Speed Internet, Main Level Primary
- Flooring: Laminate
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,099
- Total interior livable area: 2,099 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Finished Garage, Garage, Oversized, Storage, RV Access/Parking
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Fire Pit, RV Hookup, Propane Tank - Owned
- Has view: Yes
Lot
- Size: 39.53 Acres
- Features: Landscaped, Views, Wooded
Details
- Additional structures: Workshop
- Parcel number: 4074001100458000000
- Zoning description: R-5
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 2001
Utilities & green energy
- Electric: None
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Propane, Water Connected
Green energy
- Energy generation: None
Community & HOA
HOA
- Has HOA: Yes
- Services included: Road Maintenance
- HOA fee: $125 annually
Location
- Region: Corona
Financial & listing details
- Price per square foot: $214/sqft
- Tax assessed value: $399,309
- Annual tax amount: $1,153
- Date on market: 7/23/2024
- Cumulative days on market: 696 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Dirt
Estimated market value
$648,000
$538,000 - $758,000
$2,611/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Price change | $450,000-10%$214/sqft |
Source:  SWMLS #1067480 Report a problem | ||
| 8/24/2024 | Listed for sale | $500,000$238/sqft |
Source: SWMLS #1067480 Report a problem | ||
| 8/7/2024 | Listing removed | -- |
Source: SWMLS #1067480 Report a problem | ||
| 7/24/2024 | Listed for sale | $500,000-9.1%$238/sqft |
Source: SWMLS #1067480 Report a problem | ||
| 5/23/2024 | Listing removed | -- |
Source: SWMLS #1035122 Report a problem | ||
| 3/29/2024 | Price change | $550,000-4.3%$262/sqft |
Source: SWMLS #1035122 Report a problem | ||
| 8/14/2023 | Listed for sale | $575,000$274/sqft |
Source: SWMLS #1035122 Report a problem | ||
| 8/1/2023 | Pending sale | $575,000$274/sqft |
Source: SWMLS #1035122 Report a problem | ||
| 5/26/2023 | Listed for sale | $575,000$274/sqft |
Source: SWMLS #1035122 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,540 +22.6% | $133,103 |
| 2023 | $2,071 -2.8% | $133,103 |
| 2022 | $2,131 +36.9% | $133,103 +45.4% |
| 2021 | $1,556 -6.2% | $91,548 |
| 2020 | $1,659 +0.5% | $91,548 |
| 2019 | $1,652 +0.4% | $91,548 |
| 2018 | $1,644 +5.4% | $91,548 +36.5% |
| 2017 | $1,561 | $67,056 -17.5% |
| 2015 | $1,561 +10.5% | $81,238 +2.4% |
| 2014 | $1,413 -3.4% | $79,314 +0.8% |
| 2010 | $1,463 | $78,668 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 88318
Nearby schools
GreatSchools rating
- 2/10Corona Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 1/10Corona High SchoolGrades: 7-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Lincoln County
- Corona
- 88318
- 131 Shae Rd
Nearby cities
Nearby zip codes
Other Corona Topics
