For sale

Price cut: $5K (9/2)

$415,950

204 Olive Branch Way, Santa Teresa, NM 88008

5beds

2,704sqft

$2,662/mo

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Single Family Residence

Built in 2026

5,227 Square Feet Lot

$420,500 Zestimate^®

$154/sqft

$-- HOA

What's special

Feature-packed kitchenOpen living spacePrimary suiteGranite countertopsApron sinkPot fillerUpgraded lighting throughout

The Cashmere: This two-story layout wraps comfort and capability into one. With 5 bedrooms, 3.5 bathrooms, and 2,704 square feet, the Cashmere includes a downstairs guest suite with private full bath, plus an open living space and feature-packed kitchen granite countertops, apron sink, pot filler, and upgraded lighting throughout. Upstairs, four more bedrooms including the primary suite offer room to stretch out. Includes a 2-car garage. Listing subject to errors, omissions, and changes without notice. Info provided is deemed reliable but not guaranteed. MLS photos are for marketing purposes only and may not reflect actual colors or upgrades. Please verify selections during design appointment.

143 days
12
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Central

Cooling

Refrigerated, Ceiling Fan(s)

Appliances

Included: Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Ceiling Fan(s), Kitchen Island, Master Up, Pantry, Walk-In Closet(s)
Flooring: Tile, Carpet
Windows: No Treatments
Has fireplace: No

Interior area

Total structure area: 2,704
Total interior livable area: 2,704 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: None
Attached garage spaces: 2

Features

Stories: 2
Patio & porch: Covered, Open
Exterior features: Walled Backyard, Back Yard Access
Fencing: Fenced,Back Yard

Lot

Size: 5,227 Square Feet
Features: Standard Lot

Details

Additional structures: None
Parcel number: tbd12345678999999999999
Zoning: R3
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: 2 Story
Property subtype: Single Family Residence

Materials

Stucco, Frame
Roof: Shingle,Pitched

Condition

Year built: 2026

Details

Builder name: Zia Homes

Utilities & green energy

Sewer: Community
Water: City

Community & HOA

Community

Subdivision: Rancho Santa Teresa

HOA

Has HOA: No
Amenities included: None
Services included: None

Location

Region: Santa Teresa

Financial & listing details

Price per square foot: $154/sqft
Annual tax amount: $6,544
Date on market: 4/17/2026
Cumulative days on market: 145 days
Listing terms: Cash,Conventional,FHA,TX Veteran

Estimated market value

$420,500

$399,000 - $442,000

$2,629/mo

Price history

Date	Event	Price
9/2/2026	Price change	$415,950-1.2%$154/sqft
Source: GEPAR #942406 Report a problem
5/2/2026	Price change	$420,950-1.2%$156/sqft
Source: GEPAR #942406 Report a problem
4/17/2026	Listed for sale	$425,950$158/sqft
Source: GEPAR #942406 Report a problem