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For sale
  • $700,000

    5518 Desert Sky Ct NE, Rio Rancho, NM 87144

    3beds
    2,531sqft
    : 
    $4,588/mo
    Get pre-qualified
    Single Family Residence
    Built in 2021
    1.03 Acres Lot
    $685,400 Zestimate®
    $277/sqft
    $112/mo HOA

    What's special

    Peaceful center courtyardSerene comfortBreathtaking viewsAuthentic ceiling beams
    A Masterpiece In Mariposa! Exquisite Spanish Colonial residence offering timeless character, privacy, and breathtaking views. Set on over an acre of fully landscaped grounds, this home is designed to provide serene comfort and unobstructed scenery from every angle.At the heart of the home is a peaceful center courtyard. Upon entry, a grand foyer welcomes you with beautifully lit nichos and authentic ceiling beams, setting the tone for the home's distinctive style. The open, free-flowing floor plan connects the living, dining, and kitchen areas in an inviting layout ideal for everyday living and entertaining.The primary bedroom features two walk-in closets and convenient access to the utility room, complete with cabinetry and a sink. Step outside to a backyard oasis that is fully landscaped and thoughtfully designed for low-maintenance enjoyment.With some of the best view planes New Mexico has to offer, this Spanish Colonial masterpiece is a rare opportunity to own a private retreat with exceptional surroundings.
    21 hours
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    135
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    J. Vance Kabella 505-315-5797,

    Coldwell Banker Legacy 505-828-1000

    Source: SWMLS,MLS#: 1107873MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
      Cooling
      • ENERGY STAR Qualified Equipment, Refrigerated
      Appliances
      • Included: Cooktop, Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Washer
      • Laundry: Electric Dryer Hookup
      Features
      • Beamed Ceilings, Breakfast Area, Bathtub, Ceiling Fan(s), Dual Sinks, Entrance Foyer, Family/Dining Room, Great Room, Garden Tub/Roman Tub, High Ceilings, High Speed Internet, Home Office, Kitchen Island, Living/Dining Room, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Windows: Double Pane Windows, Insulated Windows, Low-Emissivity Windows
      • Has basement: No
      • Has fireplace: Yes
      Interior area
      • Total structure area: 2,531
      • Total interior livable area: 2,531 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Finished Garage, Garage, Garage Door Opener
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Courtyard, Private Yard, Sprinkler/Irrigation
      • Pool features: Community
      • Fencing: Wall
      Lot
      • Size: 1.03 Acres
      • Features: Sprinklers In Rear, Landscaped
      • Residential vegetation: Grassed
      Details
      • Additional structures: Pergola
      • Parcel number: 1011076163054
      • Zoning description: E-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco
      • Roof: Tile
      Condition
      • Resale
      • New construction: No
      • Year built: 2021
      Details
      • Builder name: Hakes Brothers

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Highland Meadows Unit 2 Mariposa New Mex
      HOA
      • Has HOA: Yes
      • Services included: Clubhouse, Common Areas, Pool(s), Road Maintenance
      • HOA fee: $112 monthly
      Location
      • Region: Rio Rancho

      Financial & listing details

      • Price per square foot: $277/sqft
      • Tax assessed value: $526,222
      • Annual tax amount: $7,425
      • Date on market: 7/24/2026
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Asphalt

        Estimated market value

        $685,400

        $651,000 - $720,000

        $3,034/mo

        Price history

        DateEventPrice
        7/24/2026Listed for sale$700,000+0.1%$277/sqft
        Source: SWMLS #1107873 Report a problem
        12/27/2024Listing removed$699,000$276/sqft
        Source: SWMLS #1075444 Report a problem
        12/19/2024Listed for sale$699,000$276/sqft
        Source: SWMLS #1075444 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,142 -1.4%$175,407 +3%
        2024$7,241 +2.2%$170,299 +3%
        2023$7,083 +1.6%$165,339 +3%
        2022$6,970 +273.2%$160,523 +808.6%
        2021$1,868 $17,667
        2020$1,868 +184%$17,667 +12.8%
        2019$658 -64.3%$15,667 -6%
        2018$1,840 +13%$16,675
        2017$1,628 $16,675 +61.4%
        2016$1,628 +0.8%$10,333 -59.2%
        2014$1,614 $25,333
        2013$1,614 $25,333
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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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        Climate risks

        Neighborhood: 87144

        Getting around

        0 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Vista Grande
        • Middle: Mountain View
        • High: V. Sue Cleveland

        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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