Discover comfort and convenience in this charming 3-bedroom, 2-bath townhouse located in The Islands, a desirable 55+ gated community in Rio Rancho. Enjoy stunning Sandia Mountain views from the expansive covered patio, perfect for relaxing or entertaining. A welcoming private courtyard leads into a spacious family room featuring a cozy gas fireplace. The open kitchen and dining area offer raised-panel oak cabinets, stainless steel appliances, and a convenient wet bar, creating an ideal space for everyday living and hosting guests. The large primary suite includes a generous walk-in closet and a full bath for added comfort. Residents enjoy easy access to the community park and tranquil waterfall, adding to the peaceful ambiance of this sought-after neighborhood.Priced to Sell!!!
For sale
$270,000
504 Eastlake Dr SE, Rio Rancho, NM 87124
3beds
1,407sqft
Est.:
Townhouse
Built in 1987
4,356 Square Feet Lot
$269,300 Zestimate®
$192/sqft
$225/mo HOA
What's special
Cozy gas fireplaceConvenient wet barStunning sandia mountain viewsWelcoming private courtyardLarge primary suiteGenerous walk-in closetStainless steel appliances
- 22 days |
- 1,202 |
- 56 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: 15 hours ago
Listed by:
Matthew J DeAveiro 505-489-3940,
Coldwell Banker Legacy 505-892-1000
Source: SWMLS,MLS#: 1095195
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 252
- Dimensions: 21 x 12
Bedroom 2
- Level: Main
- Area: 125
- Dimensions: 12.5 x 10
Bedroom 3
- Level: Main
- Area: 73.32
- Dimensions: 7.8 x 9.4
Kitchen
- Level: Main
- Area: 120.9
- Dimensions: 9.3 x 13
Living room
- Level: Main
- Area: 256
- Dimensions: 16 x 16
Heating
- Central, Forced Air, Natural Gas
Cooling
- Evaporative Cooling
Appliances
- Included: Built-In Electric Range, Dryer, Dishwasher, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup
Features
- Wet Bar, Cathedral Ceiling(s), Separate/Formal Dining Room, Entrance Foyer, Main Level Primary, Tub Shower, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Custom, Gas Log
Interior area
- Total structure area: 1,407
- Total interior livable area: 1,407 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Courtyard, Landscaping
- Has view: Yes
Lot
- Size: 4,356 Square Feet
- Features: Landscaped, Planned Unit Development, Views
Details
- Parcel number: R041098, 0041098
- Zoning description: R-2
Construction
Type & style
- Home type: Townhouse
- Architectural style: Pueblo
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Frame, Stucco
- Foundation: Concrete Perimeter
- Roof: Tar/Gravel
Condition
- Resale
- New construction: No
- Year built: 1987
Details
- Builder name: Beach
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Common Grounds/Area
- Subdivision: The Islands 2
HOA
- Has HOA: Yes
- Services included: Common Areas
- HOA fee: $225 monthly
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $139,006
- Annual tax amount: $1,597
- Date on market: 12/1/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Estimated market value
$269,300
$256,000 - $283,000
$1,930/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/24/2025 | Listed for sale | $270,000$192/sqft |
Source:  SWMLS #1095195 Report a problem | ||
| 12/20/2025 | Pending sale | $270,000$192/sqft |
Source: SWMLS #1095195 Report a problem | ||
| 12/2/2025 | Listed for sale | $270,000$192/sqft |
Source: SWMLS #1095195 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,547 -0.1% | $46,335 +3% |
| 2024 | $1,549 +2.8% | $44,986 +3% |
| 2023 | $1,507 +2.1% | $43,676 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,781/mo
Principal & interest
$1301
HOA Fees
$225
Other costs
$254
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Rio Rancho Elementary SchoolGrades: K-5Distance: 0.8 mi
- 7/10Rio Rancho Middle SchoolGrades: 6-8Distance: 2.5 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 1.2 mi
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