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For sale
  • Price cut: $5K (7/23)
    $485,000

    1024 Malibu Way, Carlsbad, NM 88220

    5beds
    2,436sqft
    : 
    $2,958/mo
    Get pre-qualified
    Single Family Residence
    Built in 2021
    0.26 Acres Lot
    $479,600 Zestimate®
    $199/sqft
    $-- HOA

    What's special

    Under stairs storageExtended back porchDouble pantry
    2021 2 story home 5 bedroom 2.5 baths. Double pantry, under stairs storage. Full RV hookup in back yard, raised flower/garden beds with drip system. Extended back porch with footing to extend cover.
    193 days
    |
    186
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joy D Ainsworth 575-631-4116,

    Distinction Realty

    Source: New Mexico MLS,MLS#: 20260196MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Partial bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air
      Features
      • Flooring: Carpet, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 2,436
      • Total interior livable area: 2,436 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Stories: 2
      • Patio & porch: Patio Covered
      • Exterior features: Drip Irrigation, RV Hookup
      • Fencing: Block
      • Frontage length: 75.0
      Lot
      • Size: 0.26 Acres
      • Dimensions: 75.0x150.0
      • Topography: Block, Sprinklers In Rear
      Details
      • Parcel number: 4158131407008

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      Condition
      • Year built: 2021

      Utilities & green energy

      • Utilities for property: Electricity Connected, Sewer Connected

      Community & HOA

      Community
      • Security: Audio/Video Surveillance
      HOA
      • Has HOA: No
      Location
      • Region: Carlsbad

      Financial & listing details

      • Price per square foot: $199/sqft
      • Tax assessed value: $370,943
      • Annual tax amount: $4,260
      • Date on market: 1/12/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Inclusions: Dishwasher, Disposal, Electric Water Heater, Free-Standing Range, Range Hood, Refrigerator
      • Electric utility on property: Yes

        Estimated market value

        $479,600

        $456,000 - $504,000

        $3,862/mo

        Price history

        DateEventPrice
        7/23/2026Price change$485,000-1%$199/sqft
        Source: New Mexico MLS #20260196 Report a problem
        6/16/2026Price change$490,000-1.8%$201/sqft
        Source: New Mexico MLS #20260196 Report a problem
        2/17/2026Price change$499,000-1.2%$205/sqft
        Source: New Mexico MLS #20260196 Report a problem
        1/12/2026Listed for sale$505,000$207/sqft
        Source: New Mexico MLS #20260196 Report a problem
        1/12/2026Listing removed$505,000$207/sqft
        Source: New Mexico MLS #20255701 Report a problem
        11/7/2025Price change$505,000-1%$207/sqft
        Source: New Mexico MLS #20255701 Report a problem
        10/26/2025Price change$510,000-1.9%$209/sqft
        Source: New Mexico MLS #20255701 Report a problem
        10/1/2025Listed for sale$520,000+44.4%$213/sqft
        Source: New Mexico MLS #20255701 Report a problem
        6/16/2021Sold--
        Source: New Mexico MLS #20210052 Report a problem
        1/5/2021Listed for sale$360,130$148/sqft
        Source: New Mexico MLS #20210052 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,753 -3.1%$123,648 +3%
        2024$2,840 -0.5%$120,047
        2023$2,853 -3.7%$120,047
        2022$2,962 +1037%$120,047 +1258.9%
        2021$261 +3%$8,834
        2020$253 $8,834
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 88220

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: None/Other
        • Middle: None/Other
        • High: None/Other

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

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