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Rio Abajo , Los Lunas, NM 87031

$39,500

1-Acre View Lots - An Ideal Residential OpportunityImagine owning a breathtaking one-acre lot with sweeping valley and mountain viewsThe generous lot size allows ample space for a custom-built home, landscaped gardens, build you own workshop, barn, and corals. Electric in the street. Close to schools' grades 1-12. UNM Valencia campus only 5 miles. Only 14 lots to choose from. NO MOBILE HOMES

Highlights

  • Land
  • 1.04 Acre Lot
  • 570 days on Market


  • Acres
    1.04
  • Lot Features
    Level, Cleared, Views
  • Utilities
    Electricity Available, Sewer Not Available, Water Not Available, Underground Utilities
  • Water
    None

  • Area
    720 - Meadowlake/El Cerro
  • County
    Valencia
  • City
    Los Lunas
  • Neighborhood
    El Cerro Mission
  • Zip Code
    87031

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Frequently Asked Questions

How do I schedule a tour of Rio Abajo?

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 Rio Abajo.

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

How do I get more information about Rio Abajo?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $39,500. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Los Lunas, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for Rio Abajo?

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 Rio Abajo at around $231. 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 Rio Abajo?

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 Valencia 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 Rio Abajo?

In most cases, yes. Whether Rio Abajo is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Los Lunas'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 Rio Abajo?

We can handle that for you. Our preferred local agent specializes in lands in Los Lunas 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?

Rio Abajo was listed on April 22, 2025, which means it's been on the market for 570 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?

Rio Abajo sits on a 1.04-acre lot, which is 45,302 square feet.

What are the property taxes for Rio Abajo?

The most recent public record shows annual property taxes for Rio Abajo were approximately $72. 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 Rio Abajo still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.

Last Updated: November 13, 2026 at 05:25AM | Source: Southwest MLS (Greater Albuquerque Association of REALTORS) | MLS#: 1082564