131 Shae Road, Corona, NM 88318

$500,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,099 Lot Size (sq. ft.): 1,721,927 Status: Active
Current Price: $500,000 List Date: 7/23/2024 Last Modified: 7/22/2025

Overview

Description

Nestled in the picturesque Cougar Mountain Estates in Corona, Lincoln County, this custom pueblo-style home offers unparalleled serenity and breathtaking year-round views. Set on a spacious 40-acre lot, the property is bordered on the west by the sprawling 34,000 acres of Cibola National Forest, providing endless opportunities for outdoor adventures and exploration. This 2,099 sq. ft. home features 3 bedrooms and 2.5 bathrooms, with a master suite that includes a large walk-in closet. Fully furnished and ready for immediate move-in, the property also boasts a 20′ x 30′ metal shop, perfect for storage or hobbies. Enjoy frequent sightings of local wildlife, such as elk and deer, and take advantage of the nearby town fishing pond, just 5 minutes away.

Supplements: With Albuquerque a 90-minute drive and Ruidoso only an hour away, this home offers both seclusion and convenience. A must-see for nature enthusiasts and those seeking a peaceful retreat!

Listing Details MLS# 1067480

Contract Information

List Price/SqFt
238.21

Location

Street #
131
Street Name
Shae
St Suffix
Road
County
Lincoln
City/Town Code
Corona
State/Province
NM
Zip Code
88318
Directions
From NM 42 and Pinon St: SW on Pinon to Katrina Rd. Stay on Katrina to Shae Rd. Left on Shae to property on left.
MLS Area Major
500 – Lincoln
Zone Atlas
NOZA

General Property Description

Property Sub-Type
Detached
Offsite Built
No
UPC Unitized
No
Fireplace
No
Stories
Yes
Faces
East
Builder
NA
Living Area
2099
Living Area Source
Floorplan
Lot Size Acres
39.53
Lot Size Square Feet
1721927
Lot Size Source
Broker
Flood Zone
D
Disability Access
Unknown
PBR on Main
Yes
Bedrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Total Bathrooms
3
Primary Bath Desc
Full Bath
Private Pool
No
Age
21 – 30
Year Built
2001
LBP Disclosure
No
Garage Spaces
2
Basement
No
Accessory Dwelling Unit
No
Loft
No

Rooms

Bedroom 2 Level
Main
Bedroom 2 Length
11.6
Bedroom 2 Width
15
Bedroom 3 Level
Main
Bedroom 3 Length
10.8
Bedroom 3 Width
15.1
Dining Room Level
Main
Dining Room Length
11.9
Dining Room Width
10.8
Kitchen Level
Main
Kitchen Length
14.2
Kitchen Width
17.6
Living Room Level
Main
Living Room Length
13.5
Living Room Width
19
Primary Bedroom Level
Main
Primary Bedroom Length
14.2
Primary Bedroom Width
21.3
Bedroom 2
Yes
Bedroom 3
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

Sunroom

Sunroom
No

Green

Green
No
HERS
No

More Information

Miscellaneous

Guard House/Service
No
Hist Prop/Lndmk
No
Rented
No
Land Lease
No

Association Details

Association
Yes
Association Mandatory
Yes
Multiple Associations
No
Association Fee
125
Association Fee Frequency
Annually
Association Dues/Month
10.41

Cooling

Centrally Ducted
No
Refrigerated
Yes

Sales Info

Seller Assist Ofrd
No
Trade/Xch Considered
No

Tax & Legal Info

UPC Code
4074001100458000000
PID
No
Short Legal Desc
Lot 10 Cougar Mountain Estates
GRT Code
26-026
Tax Exemption
No
Tax Annual Amount
1153.25

Construction Materials

Frame
Yes
Stucco
Yes

Appliances

Dryer
Yes
Free-Standing Gas Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Exterior Features

Fire Pit
Yes
Patio Covered
Yes
RV Access/Parking
Yes
RV Hookup
Yes

Flooring

Laminate
Yes

Heating

Propane
Yes

Interior Features

Beamed Ceilings
Yes
Ceiling Fan(s)
Yes
Great Room
Yes
High Speed Internet
Yes

Laundry Features

Utility Closet
Yes

Other Structures

Workshop
Yes

Build Description

Resale
Yes

Garage Type

Attached
Yes
Finished
Yes
Oversized
Yes
Storage
Yes

Utilities

Electricity Connected
Yes
Water Connected
Yes
Propane Owned
Yes

Possession

Day of Funding
Yes

Green Energy Generation

None
Yes

Electric Provider

Public Utility
Yes

Electric

None
Yes

Road Frontage Type

Private Road
Yes

Road Surface Type

Dirt
Yes

Laundry Power

Propane
Yes

HOA Covers Type

Streets
Yes

Wastewater

Septic Tank
Yes

Water Source

City Water
Yes

Roof

Flat
Yes

Finance Considered

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Landscape

SW Natural Ldscp (G)
Yes

Windows

Thermal-Double Pane
Yes

Style

Pueblo
Yes

Lot Description

Views
Yes
Wooded
Yes

Zoning

R-5
Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Garage Type: Attached; Finished; Oversized; Storage Other Structures: Workshop Rooms: Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Primary Bedroom Laundry Features: Utility Closet Laundry Power: Propane HOA Covers Type: Streets Roof: Flat Exterior Features: Fire Pit; Patio Covered; RV Access/Parking; RV Hookup Interior Features: Beamed Ceilings; Ceiling Fan(s); Great Room; High Speed Internet Appliances: Dryer; Free-Standing Gas Range; Microwave; Refrigerator; Washer Utilities: Electricity Connected; Propane Owned; Water Connected Heating: Propane Cooling: Refrigerated Wastewater: Septic Tank Water Source: City Water Landscape: SW Natural Ldscp (G) Flooring: Laminate Windows: Thermal-Double Pane Style: Pueblo Green Energy Generation: None Electric Provider: Public Utility Electric: None Lot Description: Views; Wooded Finance Considered: Cash; Conventional; FHA; VA Road Frontage Type: Private Road Road Surface Type: Dirt Possession: Day of Funding Zoning: R-5

Room Information

Room Name Length Width Level
Living Room 13.50 19.00 Main
Kitchen 14.20 17.60 Main
Primary Bedroom 14.20 21.30 Main
Bedroom 2 11.60 15.00 Main
Bedroom 3 10.80 15.10 Main
Dining Room 11.90 10.80 Main

Documents

Listing Office: Realty One Group Concierge
Last Updated: July – 22 – 2025
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
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