Pending

Price cut: $14.1K (8/28)

$874,900

159 El Rey Dr NW, Corrales, NM 87048

3beds

3,405sqft

$5,710/mo

Get pre-qualified

Single Family Residence

Built in 1985

0.94 Acres Lot

$862,300 Zestimate^®

$257/sqft

$-- HOA

What's special

Charming kiva fireplaceAuthentic southwest charmBeautiful small vineyardPanoramic mountain viewsRv parkingClassic brick floorsHot tub

Experience exceptional Southwest living in this dual-gated .94-acre Corrales estate, custom built by renowned builder Ed Paschich. Authentic Southwest charm fills the interior with exposed adobe walls, raised latilla ceilings, and classic brick floors featured throughout the home. Elegant living space with soaring wood beamed ceilings, handcrafted vigas, and a charming kiva fireplace as the focal point. Beautiful kitchen with abundant cabinetry, double ovens, cooktop, wine fridge, RO filtration system and breakfast bar. Dining area with built-in bookshelf and fireplace. spacious primary suite offers a kiva fireplace and a serene garden bath with a separate shower and tub. Resort-style backyard with panoramic mountain views, a pool, hot tub & beautiful small vineyard. Workshop & RV parking! new windows and exterior doors (2023), well pump (2023), HVAC (2020), and a full-perimeter coyote fence (2019).

111 days
530
26

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Level: Main
Area: 265.94
Dimensions: 15.11 x 17.6

Kitchen

Level: Main
Area: 183.6
Dimensions: 10.2 x 18

Living room

Level: Main
Area: 434.72
Dimensions: 20.8 x 20.9

Heating

Forced Air, Natural Gas, Passive Solar

Cooling

Refrigerated

Appliances

Included: Cooktop, Double Oven, Dryer, Dishwasher, Refrigerator, Water Softener Owned, Wine Cooler, Washer
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Features

Beamed Ceilings, Bookcases, Breakfast Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, Garden Tub/Roman Tub, High Speed Internet, Home Office, Intercom, Multiple Living Areas, Main Level Primary, Skylights, Utility Room, Walk-In Closet(s)
Flooring: Brick, Carpet
Windows: Double Pane Windows, Insulated Windows, Skylight(s)
Has basement: No
Number of fireplaces: 4
Fireplace features: Custom, Kiva, Log Lighter

Interior area

Total structure area: 3,405
Total interior livable area: 3,405 sqft

Property

Parking

Total spaces: 3
Parking features: Attached, Garage, RV Access/Parking
Attached garage spaces: 3

Features

Levels: One
Stories: 1
Patio & porch: Open, Patio
Exterior features: Hot Tub/Spa, Private Yard, RV Hookup
Has private pool: Yes
Pool features: Pool Cover
Has spa: Yes
Fencing: Gate
Has view: Yes

Lot

Size: 0.94 Acres
Features: Landscaped, Views

Details

Additional structures: Shed(s), Storage
Parcel number: 1014066245508
Zoning description: A-1
Other equipment: Intercom

Construction

Type & style

Home type: SingleFamily
Architectural style: Pueblo
Property subtype: Single Family Residence

Materials

Adobe, ICFs (Insulated Concrete Forms), Stucco
Roof: Flat,Tar/Gravel

Condition

Resale
New construction: No
Year built: 1985

Details

Builder name: Ed Paschich

Utilities & green energy

Sewer: Septic Tank
Water: Private, Well
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Security: Security Gate, Smoke Detector(s)
Subdivision: Loma Larga

Location

Region: Corrales

Financial & listing details

Price per square foot: $257/sqft
Annual tax amount: $6,774
Date on market: 5/26/2026
Cumulative days on market: 170 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Asphalt

Estimated market value

$862,300

$819,000 - $905,000

$3,326/mo

Price history

Date	Event	Price
9/2/2026	Pending sale	$874,900$257/sqft
Source: SWMLS #1104216 Report a problem
8/28/2026	Price change	$874,900-1.6%$257/sqft
Source: SWMLS #1104216 Report a problem
8/7/2026	Price change	$889,000-1.1%$261/sqft
Source: SWMLS #1104216 Report a problem
7/28/2026	Listed for sale	$899,000$264/sqft
Source: SWMLS #1104216 Report a problem
6/29/2026	Pending sale	$899,000$264/sqft
Source: SWMLS #1104216 Report a problem
5/26/2026	Listed for sale	$899,000$264/sqft
Source: SWMLS #1104216 Report a problem