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Off market
  • $2,208,700

    140 Laker Dr, Corrales, NM 87048

    5beds
    5,037sqft
    SingleFamily
    Built in 1967
    7 Acres Lot
    $2,208,700 Zestimate®
    $438/sqft
    $4,130 Estimated rent

    Home value

    $2,208,700

    $1.86M - $2.63M

    $4,130/mo

    Zestimate® history
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    $13,854/mo

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    $13,854/mo

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    What's special

    This is a remarkable country estate on close to seven acres with loads of room to roam. Located on the South end of Corrales right on the Rio Grande River Bosque. It's just a mile from Albuquerque, but feels like your own quiet oasis in the country. Upon stepping through the front door you will enter into elegance with the Southern style gracious sweeping staircase and towering ceilings. This home was taken down to the frame and totally remodeled. Before you is the main living room with lodge beamed tongue and groove ceilings with stupendous views of the back acreage and river Bosque (woods). The layout of the home is sensational with an extra large kitchen with vaulted ceiling and roomy breakfast nook. The expansive center island is perfect for the head Chef and several mini Sous Chefs. There is a den just off the kitchen which would work well as a study or playroom. There is a Morning Room or sunroom off the kitchen with view of the double sided wood burning fireplace.The view from this room is lovely with the graceful cottonwood trees and sparkling pool. Enjoy wonderful family get togethers in the formal dining room with built in buffet. The comfortable master suite is downstairs with another wood burning fireplace and fabulous master bath complete with heated slate flooring, claw foot "Birthday Bath, separate shower and large walk-in closet. On the opposite side of the home are two more bedrooms down a private hallway. Upstairs there are other two very spacious bedrooms. One bedroom looks over the pool, cottonwoods, pastures and mountains. The second has expansive book shelves with library ladders and a cool attic space for the perfect club house or extensive storage. On the opposite side past the loft, there is a cozy study with a gas log fireplace and a deck and lovely views of the Sandia Mountains.The home was totally remodeled in 1988 from the frame up. There is an remodeled adobe guest house on the property with cozy kiva fireplace. The property has been host to weddings, political events and gobs of children parties. It is the most remarkable place to call home and the family has been told numerous times that this property is the prettiest in New Mexico! It is an excellent income producing property and has hosted an ABC TV Series and Toby Keith's "Beer for my Horses" plus music video's and plays. The hay sales are quite profitable. The property was once home to a successful B & B and an off site meeting haven for small businesses called Executive Retreat New Mexico.This has been the most remarkable place to call home. The family thought this would be their forever home, but duty calls. Now it can be your own personal paradise on earth!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Other, Carpet, Hardwood, Slate
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,037 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport, Garage - Detached
    Features
    • Exterior features: Stone, Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Park, City, Mountain
    Lot
    • Size: 7 Acres
    Details
    • Parcel number: R143303

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1967

    Community & HOA

    Location
    • Region: Corrales

    Financial & listing details

    • Price per square foot: $438/sqft
    • Tax assessed value: $1,412,949
    • Annual tax amount: $17,505

    Price history

    Price history is unavailable.

    Public tax history

    YearProperty taxesTax assessment
    2025$17,505 +2%$470,983 +3%
    2024$17,163 +0.6%$457,288 +3%
    2023$17,052 +4%$443,993 +3%
    2022$16,389 +2.3%$431,085 +3%
    2021$16,025 +3%$418,552 +3%
    2020$15,557 $406,385 +106.4%
    2019-- $196,881 +3%
    2018$6,836 +0.7%$191,170 +3%
    2017$6,791 $185,625 +3.4%
    2016$6,791 +2%$179,444
    2014$6,656 $179,444 +1.1%
    2013$6,656 $177,444 -65%
    2011-- $507,380
    Find assessor info on the county website

    Neighborhood: 87048

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,208,700
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    Estimated market value
    $2,208,700