For sale

$270,000

572 Eastlake Dr SE, Rio Rancho, NM 87124

2beds

1,386sqft

Est.:

Townhouse, Single Family Residence

Built in 1988

3,920.4 Square Feet Lot

$265,900 Zestimate^®

$195/sqft

$225/mo HOA

What's special

Two garage spacesLow maintenance outdoor spaceTwo bathrooms

Experience easy living in this beautiful 2 bedroom patio home located in the gated 55+ Islands Community! The thoughtfully designed floor plan features two bathrooms, two garage spaces, two living areas, plus a sunroom that isn't included in the measured square footage. This home is perfect for enjoying morning coffee and peaceful evenings in the low maintenance outdoor space. Conveniently located near shops and restaurants in one of New Mexico's fastest growing cities. With quick access to Corrales & Albuquerque, this well taken care of home is ready for you to move right in!

9 hours

100

4

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Main
Area: 244.42
Dimensions: 11.11 x 22

Kitchen

Level: Main
Area: 187.2
Dimensions: 14.4 x 13

Living room

Level: Main
Area: 160
Dimensions: 16 x 10

Heating

Central, Forced Air, Natural Gas

Cooling

Refrigerated

Appliances

Included: Dryer, Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator, Washer
Laundry: Electric Dryer Hookup

Features

Breakfast Bar, Bookcases, Cathedral Ceiling(s), Great Room, Main Level Primary, Sitting Area in Master, Skylights
Flooring: Laminate, Vinyl
Windows: Vinyl, Skylight(s)
Has basement: No
Number of fireplaces: 1

Interior area

Total structure area: 1,386
Total interior livable area: 1,386 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Exterior features: Courtyard
Fencing: Front Yard

Lot

Size: 3,920.4 Square Feet
Features: Landscaped, Planned Unit Development

Details

Parcel number: 1013069438061
Zoning description: R-2

Construction

Type & style

Home type: Townhouse
Architectural style: Patio Home
Property subtype: Townhouse, Single Family Residence
Attached to another structure: Yes

Materials

Frame, Stucco
Roof: Flat,Pitched,Tile

Condition

Resale
New construction: No
Year built: 1988

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Green energy

Energy generation: None

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: The Islands 2

HOA

Has HOA: Yes
Services included: Common Areas, Road Maintenance, Security
HOA fee: $225 monthly
HOA name: The Islands At Rio Rancho

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $195/sqft
Tax assessed value: $253,567
Annual tax amount: $3,046
Date on market: 5/16/2026
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$265,900

$253,000 - $279,000

$1,901/mo

Price history

Date	Event	Price
5/16/2026	Listed for sale	$270,000+5.9%$195/sqft
Source: SWMLS #1103718 Report a problem
5/26/2023	Sold	--
Source: SWMLS #1033038 Report a problem
4/25/2023	Pending sale	$255,000$184/sqft
Source: SWMLS #1033038 Report a problem
4/21/2023	Listed for sale	$255,000+50%$184/sqft
Source: SWMLS #1033038 Report a problem
3/26/2015	Listing removed	$170,000$123/sqft
Source: CLK REALTY LLC Report a problem
3/18/2015	Listed for sale	$170,000$123/sqft
Source: CLK REALTY LLC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,950 -0.3%	$84,523 +3%
2024	$2,957 +45.1%	$82,061 +45.7%
2023	$2,038 +1.9%	$56,340 +3%
2022	$1,999 +0.8%	$54,699 +3%
2021	$1,984 +3%	$53,107 +3%
2020	$1,926 +2.3%	$51,559 +3%
2019	$1,883 +9.5%	$50,058 +3%
2018	$1,719 -9.6%	$48,600
2017	$1,902	$48,600
2016	$1,902 +57%	$48,600 +29.2%
2014	$1,212	$37,604 +19%
2013	$1,212	$31,604 -72%
2011	--	$112,812

Find assessor info on the county website

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Est. payment

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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