ENDLESS POSSIBILITIES ON A LARGE LOT IN LOS LUNAS! This spacious home offers ample living space, a cozy wood stove, and an extended kitchen with abundant cabinetry and dining space. Easy and homey layout inside! Step outside to a huge backyard with room to expand, garden, or create your dream outdoor setup. Massive workshop/garage plus covered parking is perfect for hobbyists, projects, or storage. Quiet, established neighborhood near schools, parks, and quick access to Hwy 314 for commuting. Rare space, versatility, and location all in one--come see the potential!
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514 Valle Grande Dr SW, Los Lunas, NM 87031
2beds
1,194sqft
Single Family Residence
Built in 1976
0.26 Acres Lot
$242,000 Zestimate®
$--/sqft
$1,553 Estimated rent
Home value
$242,000
$203,000 - $288,000
$1,553/mo
Zestimate® history
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List your homeWhat's special
Cozy wood stoveCovered parkingSpacious homeHuge backyard
Zillow last checked:
Listing updated:
Listed by:
Jonathan P Tenorio 505-410-8568,
Keller Williams Realty
Bought with:
Morris Lucero, REC20260011
Realty One of New Mexico
Source: SWMLS,MLS#: 1100757
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 134.83
- Dimensions: 11.9 x 11.33
Kitchen
- Level: Main
- Area: 92.63
- Dimensions: 9.75 x 9.5
Living room
- Level: Main
- Area: 204.07
- Dimensions: 17.25 x 11.83
Heating
- Forced Air
Appliances
- Included: Free-Standing Electric Range
- Laundry: Electric Dryer Hookup
Features
- Breakfast Area, Entrance Foyer, Main Level Primary
- Flooring: Carpet, Laminate
- Windows: Sliding
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,194
- Total interior livable area: 1,194 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Fencing: Back Yard
Lot
- Size: 0.26 Acres
- Features: Lawn, Few Trees
Details
- Additional structures: Shed(s), Storage
- Parcel number: 1009038150235000000
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Pitched
Condition
- Resale
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Luna Addition
Location
- Region: Los Lunas
Financial & listing details
- Tax assessed value: $95,880
- Annual tax amount: $1,365
- Date on market: 3/30/2026
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Sold | -- |
Source:  SWMLS #1100757 Report a problem | ||
| 4/3/2026 | Pending sale | $229,900$193/sqft |
Source: SWMLS #1100757 Report a problem | ||
| 3/30/2026 | Listed for sale | $229,900$193/sqft |
Source: SWMLS #1100757 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $963 -16.2% | $31,960 +3% |
| 2024 | $1,150 +3.7% | $31,029 +3% |
| 2023 | $1,109 +4.9% | $30,126 +3% |
| 2022 | $1,057 +2.4% | $29,248 +3% |
| 2021 | $1,032 +1.5% | $28,397 +3% |
| 2020 | $1,017 -0.5% | $27,570 |
| 2019 | $1,022 +4.8% | $27,570 +3% |
| 2018 | $975 +5.3% | $26,767 +3% |
| 2017 | $926 | $25,987 +3% |
| 2016 | -- | $25,231 +3% |
| 2015 | -- | $24,496 +6.1% |
| 2013 | -- | $23,090 -65.7% |
| 2011 | $5 | $67,254 +8.8% |
| 2010 | -- | $61,794 |
| 2009 | -- | $61,794 +6% |
| 2008 | -- | $58,296 -13.4% |
| 2007 | -- | $67,296 +5.1% |
| 2005 | -- | $64,053 |
Find assessor info on the county website
Neighborhood: 87031
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Nearby schools
GreatSchools rating
- 3/10Raymond Gabaldon Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 5/10Los Lunas Middle SchoolGrades: 7-8Distance: 0.4 mi
- 3/10Valencia High SchoolGrades: 9-12Distance: 6.9 mi
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Estimated market value
$242,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$242,000
- New Mexico
- Valencia County
- Los Lunas
- 87031
- 514 Valle Grande Dr SW
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