Corrales, NM, 87048 - For Sale By Owner

Type:	Single Family
Address:	197 Rincon Road, Corrales, NM, 87048
Bedrooms:	3
Bathrooms:	2.0
Year Built:	N/A
Sq. Footage:	2150.0
Price/Sqft:	$174.19
Property Tax:	new! $2,299
Price:	$374,500
Sale Type:	For Sale By Owner

Listing added: 2009-03-20

Additional features: Floors: 1, School district: N/A

197 Rincon Road, Corrales, New Mexico 87048
2,150Sq.Ft
Asking $374,500

• Split level frame construction
• Three bedrooms
• Two full baths
• All appliances included
• 2 Rentable artist studios 15'x31' and 17'x31'
• One acre, completely fenced
• Many mature shade trees
• Corner lot
• Two-car carport
• Small animal shed
• Wood floors, newly sanded and stained
• Sautillo tile in master bedroom
• New ceramic tile in both bathrooms (newly remodeled)
• Gas range
• Full laundry room, washer/dryer and utility sink
• Wood stove and gas heating
• Large, covered wooden deck (8'x22')
• Porch off dining room (10'2"x7'5")
• All newly painted, exterior and interior
• Satellite dish on room
• Cable-wired in four rooms
• Well and septic tank
• 1-1/2 blocks to elementary school
• Quarter mile walk to river
• 50 miles south of Santa Fe

This very peaceful home, located a quarter mile from the banks of the Rio Grande River, is in historic and animal-friendly Corrales Village, New Mexico. The village is dotted with crop fields, horse farms, apple orchards, wineries, historic sites, and art galleries, with the population being multi-cultural and across the socioeconomic strata.

The house is shaded by mature cottonwood and elm trees, and the grounds around the house have a variety of flowering shrubs, perennials, cacti, bamboo and evergreens.
About one-half the acre is open space for livestock. There is a wooden shed for small animals. The entire acre is fenced.

The south side of the house faces the road. "Rincon" means corner, a hideaway, in Spanish. The upper of the two levels of the home was built approximately 35 years ago; the lower level was added on and attached to a huge studio building later, spanning the years between 1982 and 1993. Due to the configuration of the rooms and the split-level design, there are two complete living areas separated by the kitchen. This design easily lends itself ideal for a family with older children, or semi-private quarters for another lover one, or you can creatively use the space as you wish.

The upper level has two bedrooms (largest is 10'10" x12'7") one full bath, kitchen and dining room (11'9"x14'2"). Presently the smallest bedroom (8'x10') is being used as a home office. A 3-step leads down from kitchen into the expansive great room, 19'9"x21'10", with a 10-1/2foot ceiling. In another direction off the great room is the master suite (bedroom 10'x20'). Beyond the master bath is a laundry and storage room (6'7"x16'10") with outside access. The laundry room serves as a pass through to 2 rentable artist studios (15'x31' and 17'x31") south and east light.

French doors open off a covered wooded deck (8'x22') into the great room. Beyond the deck is open-air flagstone area, shaded by a large tree in the afternoons. On the opposite side of the house is an open-air flagstone patio which enjoys morning sun and is shady in the afternoons.

Just beyond the northwest reaches of Albuquerque's city limits, with all the goods and services a small city can offer, Corrales presents country living with city conveniences. The village has a local market, stocked with a large variety of foods and supplies, including and extensive selection of wines. Among the other amenities of the Village are several high-quality restaurants, many art galleries and unique shops.

The property taxes are very low. The rest of the country's real estate values have been in decline, while the Albuquerque/Santa Fe area experienced a steady rise in real estate values, with a strong prediction of five more years of rising values, especially on the west side of Albuquerque.

To make an offer on this property, one must be pre-qualified for a mortgage.

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