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1604 Juan Perea Road, 
Los Lunas, NM 87031

$949,000

3

Beds

2

Baths

900

Sq Ft

Single Family

Active

Listed by

Trung D Doan

Equity New Mexico

505-271-2228

Last updated:

April 23, 2026, 02:23 PM

MLS#

1101420

Source:

NM SWMLS

About This Home

1604 Juan Perea Road

Are you looking for something you can live on, or something you can turn into a serious investment? Property has irrigation rights through MRGCD,Because this one gives you both. You have over 5 acres in Los Lunas, and the positioning is what makes it stand out. The property backs up to commercial, which opens the door to rezoning or a mixed use play. You are not stuck with one path here.Now think about this from a development angle. A sewer line runs through the middle of the property. That changes everything. It gives you the ability to subdivide into multiple lots, up to 20 plus depending on layout and approvals. That is where investors start paying attention.You could take it further. Build commercial on the ground level and residential above. Small retail, office, or service use below,

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1959

Price Summary

949,000

$1,054 per Sq. Ft.

MLS #:

1101420

Last Updated:

April 23, 2026, 02:23 PM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

900 Sq. Ft.

Structure

Structure

Architectural Style:

A Frame

Building Area:

900 Sq. Ft.

Year Built:

1959

Lot

Lot Size (Sq. Ft):

43,560

Finances & Disclosures

Finances

Price:

$949,000

Price per Sq. Ft:

$1,054 per Sq. Ft.

Source:NM SWMLS
The information being provided by Greater Albuquerque Aor/Southwest Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Albuquerque Aor/Southwest Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.