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Ventana Grande Subdivision presents a rare development opportunity to create a quality community lifestyle in the Village of Corrales. This 19 acre subdivision includes a New Mexico Land Conservancy Easement that is presently being farmed and is leased, as well as an Equestrian Easement. First time being offered for sale since 1952, this prime acreage is in a superb location. Currently being used for farming. Call for more information in regards to acreage, existing farmland preservation, water and conservancy.


  • Acres
    19.0
  • Lot Features
    Wooded
  • Utilities
    Electricity Available, Sewer Not Available
  • Water
    Other, See Remarks

  • County
    Sandoval
  • City
    Corrales
  • Zip Code
    87048
  • High School
    Cibola High School
  • Middle School
    Taylor Middle School
  • Elementary School
    Corrales Elementary

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Frequently Asked Questions

How do I schedule a tour of 0 Wallace Ln?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 0 Wallace Ln.

They know farms in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 0 Wallace Ln?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $4,250,000. We can talk through recent upgrades, potential seller motivation, how this farm compares to others in Corrales, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 0 Wallace Ln?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 0 Wallace Ln at around $24,188. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 0 Wallace Ln?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Sandoval County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 0 Wallace Ln?

In most cases, yes. Whether 0 Wallace Ln is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Corrales's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 0 Wallace Ln?

We can handle that for you. Our preferred local agent specializes in farms in Corrales and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

0 Wallace Ln was listed on October 16, 2024, which means it's been on the market for 759 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

0 Wallace Ln sits on a 19.0-acre lot, which is 827,640 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Corrales Elementary
  • Middle: Taylor Middle School
  • High: Cibola High School

Want to see how these schools compare? Check out our Sandoval County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 0 Wallace Ln?

The most recent public record shows annual property taxes for 0 Wallace Ln were approximately $28. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 0 Wallace Ln still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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Last Updated: November 14, 2026 at 11:11PM | Source: Santa Fe Association of REALTORS | MLS#: 202404267