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For sale
  • Price cut: $5K (11/10)
    $520,000

    1978 Castle Peak Loop NE, Rio Rancho, NM 87144

    4beds
    2,421sqft
    : 
    Single Family Residence
    Built in 2017
    10,018.8 Square Feet Lot
    $517,600 Zestimate®
    $215/sqft
    $179/mo HOA

    What's special

    Gourmet kitchen
    PRICE CHANGE! PID paid in full by seller at closing! Nestled in The Peaks gated community this Raylee home highlights everything Mariposa has to offer. Sitting on a beautifully landscaped .23-acre lot. This home features thoughtfully designed outdoor spaces with multiple sitting areas that invite morning coffee & evening chats under the stars. Inside, the spacious layout flows effortlessly from the gourmet kitchen to the living, & dining rooms, blending for lively entertaining or quiet fireside nights. Ceiling fans add charm & comfort. And yes--there's room for plenty of storage in the extra spacious 3-car garage! Living here means enjoying Mariposa's elite perks--2 sparkling pools, a full gym, yoga & Pilates classes, & 200+ high-desert trails & a neighborhood restaurant.
    160 days
    |
    634
    |
    32
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: December 17, 2025 at 10:04am

    Listed by:

    Susan Maria Walters 505-307-9309,

    Keller Williams Realty 505-271-8200

    Source: SWMLS,MLS#: 1087604MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 194.6
    • Dimensions: 14 x 13.9
    Kitchen
    • Level: Main
    • Area: 206.91
    • Dimensions: 12.1 x 17.1
    Living room
    • Level: Main
    • Area: 383.04
    • Dimensions: 17.1 x 22.4
    Office
    • Level: Main
    • Area: 111.21
    • Dimensions: 10.11 x 11
    Heating
    • Central, Forced Air
    Cooling
    • Refrigerated
    Appliances
    • Included: Cooktop, Dishwasher, Microwave, Refrigerator
    • Laundry: Electric Dryer Hookup
    Features
    • Bathtub, Ceiling Fan(s), Cove Ceiling, Dual Sinks, Entrance Foyer, Family/Dining Room, Home Office, Jack and Jill Bath, Kitchen Island, Living/Dining Room, Main Level Primary, Pantry, Soaking Tub, Separate Shower, Water Closet(s), Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Windows: Double Pane Windows, Insulated Windows, Vinyl
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 2,421
    • Total interior livable area: 2,421 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage, Oversized
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Open, Patio
    • Exterior features: Courtyard, Private Yard, Sprinkler/Irrigation
    • Pool features: Community
    • Fencing: Gate,Wall
    • Has view: Yes
    Lot
    • Size: 10,018.8 Square Feet
    • Features: Landscaped, Trees, Views, Xeriscape
    Details
    • Parcel number: 1011076393060
    • Zoning description: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Rock
    • Roof: Tar/Gravel
    Condition
    • Resale
    • New construction: No
    • Year built: 2017
    Details
    • Builder name: Raylee Custom Homes

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Gated
    • Security: Security Gate, Smoke Detector(s)
    • Subdivision: Mariposa
    HOA
    • Has HOA: Yes
    • Services included: Clubhouse, Common Areas, Pool(s)
    • HOA fee: $537 quarterly
    Location
    • Region: Rio Rancho

    Financial & listing details

    • Price per square foot: $215/sqft
    • Tax assessed value: $517,383
    • Annual tax amount: $7,010
    • Date on market: 7/11/2025
    • Cumulative days on market: 160 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
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    Estimated market value

    $517,600

    $492,000 - $543,000

    $2,634/mo

    Price history

    Price history
    DateEventPrice
    11/10/2025Price change$520,000-1%$215/sqft
    Source: SWMLS #1087604 Report a problem
    9/30/2025Price change$525,000-0.9%$217/sqft
    Source: SWMLS #1087604 Report a problem
    7/11/2025Listed for sale$530,000+1%$219/sqft
    Source: SWMLS #1087604 Report a problem
    2/17/2023Sold--
    Source: SFARMLS #202234444 Report a problem
    1/19/2023Pending sale$524,800$217/sqft
    Source: SWMLS #1028122 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$6,479 -7.6%$172,461 -1%
    2024$7,011 +41.8%$174,218 +49.5%
    2023$4,945 +1.7%$116,524 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,189/mo
    Principal & interest
    $2520
    Property taxes
    $308
    Other costs
    $361

      Climate risks

      Neighborhood: 87144

      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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