Felicia Chavez

71 Olguin Road

Jarales, NM
$ 825,000 Beds 3 Baths 2 Sq 1,492 Virtual Tour
Monthly Estimate* How much can I afford?

Discover country living at its finest on this 9.53-acre irrigated farm w/ pre-1907 water rights. Currently planted in alfalfa, this property offers lush grounds with automatic watering for plants and grass surrounding the home. Enjoy the views from the charming front porch. The cozy residence features knotty pine walls, a wood-burning fireplace, upgraded windows, tankless water heater (2020), and a spacious country kitchen. With 3 bedrooms, 2 baths, and a large sunroom adding 542 sf to the home, it's ideal for gatherings. Outside you'll find a propanel roof with gutters, garden area, animal pens, covered hay storage, a 2-car carport, garden shed, plus a larger 2-room outbuilding with power, plumbing, and insulation. This property is the perfect blend of farm utility and homestead charm!

Active

  • Price
  • $ 825,000
  • City
  • Jarales
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Valencia
  • Half Bathrooms
  • 0
  • Area
  • Jarales Bosque
  • Lot Size
  • 9.53 Acres
  • Zip
  • 87023
  • Sqr Footage
  • 1,492
  • Year Built
  • 1965
  • Taxes
  • $ 1385
  • Style
  • MLS#
  • 1091689
Listed By: Realty One of New Mexico, LLC
Data Source: Southwest MLS (SWMLS)

Features

General

Sewer SepticTank
Heating Central,ForcedAir
Cooling EvaporativeCooling
Utilities ElectricityConnected,Propane
Possession ClosingAndFunding
Roof Metal,Pitched
Year Built 1965
Stories Count 1
Levels One
Property Subtype Detached
County Valencia
New Construction false
Property Type Residential
Facing Direction East
Garage Y/N false
Green Energy Generation None
Full Baths 2
Status Active
Directions From Belen go south on Jarales Rd, follow over tracks, turn left onto Olguin rd, follow around curve and property will be on the right.
ModificationTimestamp 2026-08-21T22:01:28.190-00:00
City Jarales
Disclosures LeadBasedPaintDisclosure,Ranm2100Disclosure
Zoning Description RR-2
MLS Area 742 - Jarales Bosque
Lot Size Square Feet 415127
Carport Spaces 2
Carport Y/N true
Listing Terms Cash,Conventional,FHA,VaLoan
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1385.16
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=Abria3gPzVr
Builder Name unknown
Standard Status Active
Virtual Tour https://my.matterport.com/show/?m=Abria3gPzVr
Property Sub Type Additional Detached
PostalCity Jarales

Interior Features

Interior Amenities MainLevelPrimary
Flooring Carpet,Vinyl
Total Fireplaces 1
Fireplace Features WoodBurning
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features DoublePaneWindows,InsulatedWindows
Fireplace Y/N true
Laundry Features ElectricDryerHookup
Total Bedrooms 3
LivingAreaSource Plans
Total Baths 2

Exterior Features

Exterior Amenities PrivateYard,PropaneTankOwned
Fencing CrossFenced
Water Source Private,Well
Building Area Total 1492
Lot Size Acres 9.53
Private Pool false
Lot Size Source PublicRecords
LotDimensionsSource PublicRecords

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/20/2025 Listed $899,000
2/25/2026 2% - $880,000
4/30/2026 6% - $825,000

Property vs Zip Code Average in 87023

Price
AVG $640K
$830K
Taxes
AVG $3,179
$1,385
Year Built
AVG 1985
1965

Areas That We Cover

71 Olguin Road Jarales, NM is a Single Family Home for sale at $825000 with 1492 sqft and a lot size of 9.53 Acres Acre(s). 71 Olguin Road Jarales has 3 bedrooms, 2 baths and was built in 1965. The property's zip code is 87023 which is in Jarales, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Felicia Chavez

Felicia Chavez

Associate Broker

505-514-3714

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