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For sale
    • Price cut: $25K (6/3)
    $399,000

    78 Drake Rd, Edgewood, NM 87015

    3beds
    1,190sqft
    Manufactured Home, Single Family Residence
    Built in 2016
    40 Acres Lot
    $394,500 Zestimate®
    $335/sqft
    $-- HOA

    What's special

    Mountain viewsWoodstove for backupWide-open skiesTwo greenhousesElectric forced-air heat
    New Price! Seller financing may be available with acceptable terms. Rare opportunity to own 40 usable acres in Edgewood with a move-in ready 3BR/2BA home, private well, septic, and infrastructure already in place. Ideal for homesteading, hobby farming, horses, livestock, RVs, equipment, or simply enjoying a private country lifestyle with wide-open skies and mountain views. The home features refrigerated A/C, electric forced-air heat, and a woodstove for backup. Property includes a 3,000-gallon cistern, garden area with drip irrigation, 3-car carport, 40' storage container, two greenhouses, and chicken coop/run (chickens may convey). Matterport 3D tour available. Acreage may offer future development or split potential, subject to county approval and buyer due diligence.
    117 days
    |
    223
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Hardy 505-629-0010,

    Hardy & Company 505-629-0010

    Source: SWMLS,MLS#: 1101051MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 180
      • Dimensions: 12 x 15
      Bedroom 2
      • Level: Main
      • Area: 135
      • Dimensions: 9 x 15
      Bedroom 3
      • Level: Main
      • Area: 99
      • Dimensions: 9 x 11
      Kitchen
      • Level: Main
      • Area: 78
      • Dimensions: 13 x 6
      Living room
      • Level: Main
      • Area: 225
      • Dimensions: 15 x 15
      Heating
      • Electric, Forced Air, Wood Stove
      Cooling
      • Refrigerated
      Appliances
      • Included: Dishwasher, Free-Standing Electric Range, Refrigerator
      • Laundry: Electric Dryer Hookup
      Features
      • Ceiling Fan(s), Kitchen Island, Main Level Primary
      • Flooring: Carpet, Vinyl
      • Windows: Casement Window(s), Vinyl
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 1,190
      • Total interior livable area: 1,190 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Carport
      • Carport spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Private Yard, Skirting
      • Has view: Yes
      Lot
      • Size: 40 Acres
      • Features: Views
      Details
      • Additional structures: Other, See Remarks
      • Parcel number: 096008482
      • Zoning description: R-1
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: MobileManufactured
      • Architectural style: Mobile Home
      • Property subtype: Manufactured Home, Single Family Residence
      Materials
      • Foundation: Permanent
      • Roof: Metal,Pitched
      Condition
      • Resale
      • New construction: No
      • Year built: 2016
      Details
      • Builder model: Clayton - Maximizer
      • Builder name: Clayton Homes

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: Electricity Connected
      Green energy
      • Energy generation: None

      Community & HOA

      Location
      • Region: Edgewood

      Financial & listing details

      • Price per square foot: $335/sqft
      • Tax assessed value: $91,687
      • Annual tax amount: $824
      • Date on market: 4/3/2026
      • Cumulative days on market: 118 days
      • Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
      • Road surface type: Dirt
      • Body type: Single Wide

        Estimated market value

        $394,500

        $375,000 - $414,000

        $1,317/mo

        Price history

        DateEventPrice
        6/3/2026Price change$399,000-5.9%$335/sqft
        Source: SWMLS #1101051 Report a problem
        4/24/2026Price change$424,000-3.4%$356/sqft
        Source: SWMLS #1101051 Report a problem
        4/3/2026Listed for sale$439,000$369/sqft
        Source: SWMLS #1101051 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$824 +20.2%$91,687 +20.3%
        2024$686 +1%$76,237
        2023$679 -20.1%$76,237 -19.5%
        2022$850 +8.6%$94,650 +8.8%
        2021$783 +48.8%$87,000 +346.3%
        2020$526 -0.1%$19,494
        2019$527 -0.1%$19,494
        2018$527 $19,494 +6.3%
        2017$527 +6.2%$18,333 -34.5%
        2016$496 $28,000 +5%
        2015$496 -32.3%$26,667 +0.1%
        2014$732 $26,640
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
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        Climate risks

        Neighborhood: 87015

        Getting around

        0 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: South Mountain
        • Middle: Edgewood
        • High: Moriarty

        Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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