This stunning custom-built home in the valley offers a rare combination of luxury lving and true functionality. Featuring valuable water rights and irrigation, this exceptional horse property is ideal for animal lovers and those seeking space and privacy. The multi-generational layout includes two separate dwellings, perfect for extended family, guests, or rental potential. Beautifully landscaped grounds create the ultimate setting for outdoor living and entertaining, while the interior showcases elegant finishes and modern amenities that bring comfort, style, and sophistication together seamlessly.
For sale
Price cut: $50K (2/6)
$775,000
40 La Bajada Rd, Los Lunas, NM 87031
5beds
4,378sqft
Est.:
Single Family Residence
Built in 2007
1.79 Acres Lot
$-- Zestimate®
$177/sqft
$-- HOA
What's special
Multi-generational layoutModern amenitiesTwo separate dwellingsBeautifully landscaped groundsElegant finishes
- 171 days |
- 665 |
- 25 |
Zillow last checked: 8 hours ago
Listing updated: February 06, 2026 at 09:53am
Listed by:
Bricena K Aragon 505-203-0679,
Real Broker, LLC 505-866-7653
Source: SWMLS,MLS#: 1089918
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 495
- Dimensions: 33 x 15
Bedroom 2
- Level: Main
- Area: 266
- Dimensions: 19 x 14
Bedroom 3
- Level: Upper
- Area: 121
- Dimensions: 11 x 11
Bedroom 4
- Level: Upper
- Area: 187
- Dimensions: 17 x 11
Dining room
- Level: Main
- Area: 442
- Dimensions: 34 x 13
Kitchen
- Level: Main
- Area: 255
- Dimensions: 17 x 15
Living room
- Level: Main
- Area: 272
- Dimensions: 17 x 16
Heating
- Baseboard, Central, Forced Air
Cooling
- Evaporative Cooling, Multi Units
Appliances
- Laundry: Electric Dryer Hookup
Features
- Main Level Primary
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 4,378
- Total interior livable area: 4,378 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Yard
Lot
- Size: 1.79 Acres
Details
- Parcel number: 1010030017403000000
- Zoning description: RR-2
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Metal,Pitched
Condition
- Resale
- New construction: No
- Year built: 2007
Details
- Builder name: Owner
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Location
- Region: Los Lunas
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $436,631
- Annual tax amount: $4,311
- Date on market: 6/19/2025
- Cumulative days on market: 233 days
- Listing terms: Cash,Conventional,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Price change | $875,000-5.4%$200/sqft |
Source:  SWMLS #1092284 Report a problem | ||
| 10/2/2025 | Price change | $925,000+19.4%$211/sqft |
Source: SWMLS #1092284 Report a problem | ||
| 8/19/2025 | Price change | $775,000-16.2%$177/sqft |
Source: SWMLS #1089918 Report a problem | ||
| 6/19/2025 | Listed for sale | $925,000$211/sqft |
Source: SWMLS #1086338 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,311 +2% | $145,544 +3% |
| 2023 | $4,225 +7.2% | $141,309 +3% |
| 2022 | $3,942 +9.7% | $137,198 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,447/mo
Principal & interest
$3717
Property taxes
$459
Home insurance
$271
Climate risks
Neighborhood: 87031
Nearby schools
GreatSchools rating
- 6/10La Merced Elementary SchoolGrades: PK-6Distance: 2.2 mi
- 7/10Belen Middle SchoolGrades: 7-8Distance: 3.6 mi
- 5/10Belen High SchoolGrades: 9-12Distance: 4.3 mi
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