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For sale
  • Price cut: $16K (3/6)
    $679,000

    438 Palo Alto Dr NE, Rio Rancho, NM 87124

    5beds
    3,063sqft
    : 
    Single Family Residence
    Built in 2013
    7,840.8 Square Feet Lot
    $668,400 Zestimate®
    $222/sqft
    $73/mo HOA

    What's special

    Lasting curb appealGraceful fountainGourmet kitchenFire-bowl loungeGlittering backsplashCouristan carpeted floorsCustom window treatments
    Shimmering Sandia views meet tranquil beauty in this 3,063 sq ft 5BR/4BA sanctuary. RARE 1st flr/2nd BR w/Full BA. All NEW synthetic stucco. Backyard is a serene outdoor retreat w/expansive stamped patio, fire-bowl lounge, lush landscape & raised privacy walls. Inside awaits a formal dining room, granite counters, Canadian hardwood & Couristan carpeted floors + 3 fireplaces, including the elegant Primary Suite's custom Kiva. Gourmet kitchen enchants w/Bosch appliances, glittering backsplash, spacious lit cabs & pantry. Custom window treatments, chandeliers & designer lighting add luxury, while full security, irrigation & new water softener systems + 5 walk-in closets offer practicality. Boxwoods, roses & graceful fountain ensure lasting curb appeal. A stunning gem~SHOWS BETTER THAN NEW!
    62 days
    |
    705
    |
    28
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 05, 2026 at 04:18pm

    Listed by:

    James Shive 505-803-8903,

    Keller Williams Realty 505-897-1100

    Source: SWMLS,MLS#: 1096768MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Level: Main
      • Area: 207.48
      • Dimensions: 15.6 x 13.3
      Bedroom 2
      • Level: Main
      • Area: 130.81
      • Dimensions: 12.7 x 10.3
      Bedroom 3
      • Level: Second
      • Area: 117.66
      • Dimensions: 11.1 x 10.6
      Bedroom 4
      • Level: Second
      • Area: 126.44
      • Dimensions: 10.9 x 11.6
      Bedroom 5
      • Level: Second
      • Area: 126.44
      • Dimensions: 10.9 x 11.6
      Kitchen
      • Level: Main
      • Area: 203.01
      • Dimensions: 10.1 x 20.1
      Living room
      • Level: Main
      • Area: 372.78
      • Dimensions: 21.8 x 17.1
      Heating
      • Combination, ENERGY STAR Qualified Equipment, Multiple Heating Units
      Cooling
      • Refrigerated
      Appliances
      • Included: Convection Oven, Dishwasher, Free-Standing Gas Range, Disposal, Range Hood, Water Softener Owned, Self Cleaning Oven
      • Laundry: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
      Features
      • Breakfast Bar, Breakfast Area, Bathtub, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, Great Room, Garden Tub/Roman Tub, High Speed Internet, Home Office, Jack and Jill Bath, Kitchen Island, Loft, Living/Dining Room, Multiple Living Areas, Main Level Primary, Pantry, Smart Camera(s)/Recording
      • Flooring: Carpet, Tile, Wood
      • Windows: Insulated Windows, Triple Pane Windows, Vinyl
      • Has basement: No
      • Number of fireplaces: 3
      • Fireplace features: Gas Log, Kiva, Outside, Wood Burning
      Interior area
      • Total structure area: 3,063
      • Total interior livable area: 3,063 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, Oversized, Storage
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Open, Patio, Screened
      • Exterior features: Fire Pit, Private Entrance, Privacy Wall, Private Yard, Smart Camera(s)/Recording, Water Feature, Sprinkler/Irrigation
      • Fencing: Wall
      • Has view: Yes
      Lot
      • Size: 7,840.8 Square Feet
      • Features: Lawn, Landscaped, Planned Unit Development, Trees, Views
      Details
      • Additional structures: Shed(s), Storage
      • Parcel number: 1013070397176
      • Zoning description: R-1
      • Other equipment: Satellite Dish

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Frame, Synthetic Stucco
      • Foundation: Slab
      • Roof: Pitched,Tile
      Condition
      • Resale
      • New construction: No
      • Year built: 2013
      Details
      • Builder name: Pulte

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
      Green energy
      • Energy generation: None
      • Water conservation: Water-Smart Landscaping

      Community & HOA

      Community
      • Security: Security System, Smoke Detector(s)
      • Subdivision: Loma Colorado
      HOA
      • Has HOA: Yes
      • Services included: Common Areas
      • HOA fee: $73 monthly
      Location
      • Region: Rio Rancho

      Financial & listing details

      • Price per square foot: $222/sqft
      • Tax assessed value: $382,321
      • Annual tax amount: $4,592
      • Date on market: 1/15/2026
      • Cumulative days on market: 57 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved
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        Estimated market value

        $668,400

        $635,000 - $702,000

        $3,023/mo

        Price history

        Price history
        DateEventPrice
        3/6/2026Price change$679,000-2.3%$222/sqft
        Source: SWMLS #1096768 Report a problem
        1/15/2026Listed for sale$695,000+3.1%$227/sqft
        Source: SWMLS #1096768 Report a problem
        9/5/2025Listing removed$674,000$220/sqft
        Source: SFARMLS #202503501 Report a problem
        8/14/2025Price change$674,000-3%$220/sqft
        Source: SWMLS #1088832 Report a problem
        8/1/2025Listed for sale$695,000$227/sqft
        Source: SWMLS #1088832 Report a problem
        7/16/2025Listing removed$695,000$227/sqft
        Source: SWMLS #1087759 Report a problem
        7/14/2025Listed for sale$695,000$227/sqft
        Source: SWMLS #1087759 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$4,447 -0.3%$127,440 +3%
        2024$4,459 +2.6%$123,728 +3%
        2023$4,345 +1.9%$120,125 +3%
        2022$4,263 +0.8%$116,626 +3%
        2021$4,231 +3%$113,230 +3%
        2020$4,107 +2.3%$109,932 +3%
        2019$4,015 +9.5%$106,730 +3%
        2018$3,666 -6.9%$103,622 +3%
        2017$3,937 $100,604
        2016$3,937 +2.1%$100,604
        2014$3,857 $100,604 +503.6%
        2013$3,857 $16,667

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,832/mo
        Principal & interest
        $3329
        Property taxes
        $430
        HOA Fees
        $73
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          Climate risks

          Neighborhood: 87124

          Getting around

          4 / 100
          Car-Dependent
          30 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • High: Rio Rancho

          Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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