For sale

Price cut: $25K (9/8)

$699,999

2940 Chayote Rd NE, Rio Rancho, NM 87144

4beds

2,834sqft

$4,569/mo

Get pre-qualified

Single Family Residence

Built in 2008

0.62 Acres Lot

$690,200 Zestimate^®

$247/sqft

$-- HOA

What's special

Dripline irrigationBreathtaking sandia mountain viewsHot tubFire pitProducing orchardLarge irrigated garden areaGated access

**50K PRICE REDUCTION** Discover luxury Southwest living in this stunning custom home on nearly 3/4 of an acre with breathtaking Sandia Mountain views. This 4-bedroom, 3-bath home features soaring 21' wood ceilings with vigas, beautiful curved architectural details, an open floor plan, and oversized windows that fill the home with natural light. The gourmet kitchen offers abundant cabinetry, gas cooking, and a huge pantry. Relax in the spa-inspired primary suite with fireplace, jacuzzi tub, and walk-in shower. Outside, enjoy a private backyard retreat surrounded by mature trees and a producing orchard, thoughtfully supported by dripline irrigation and a large irrigated garden area. The outdoor space also features a natural gas grill, fire pit, hot tub, and plenty of room for a pool. OWNED solar, gated access, extensive upgrades, and an oversized 3-car garage complete this truly one-of-a-kind property. Homes like this rarely hit the market--don't wait!

113 days
1,177
58

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Main
Area: 378
Dimensions: 18 x 21

Kitchen

Level: Main
Area: 255
Dimensions: 15 x 17

Living room

Level: Main
Area: 374
Dimensions: 22 x 17

Heating

Central, Forced Air, Natural Gas

Cooling

Refrigerated

Appliances

Included: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Features

Beamed Ceilings, Ceiling Fan(s), Cathedral Ceiling(s), Dual Sinks, Family/Dining Room, High Ceilings, Home Office, Jetted Tub, Kitchen Island, Living/Dining Room, Main Level Primary, Pantry, Skylights, Separate Shower, Walk-In Closet(s)
Flooring: Tile
Windows: Double Pane Windows, Insulated Windows, Skylight(s)
Has basement: No
Number of fireplaces: 2

Interior area

Total structure area: 2,834
Total interior livable area: 2,834 sqft

Property

Parking

Total spaces: 3
Parking features: Garage
Garage spaces: 3

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Hot Tub/Spa, Outdoor Grill, Privacy Wall, Private Yard, Water Feature
Has spa: Yes
Fencing: Full,Wall
Has view: Yes

Lot

Size: 0.62 Acres
Features: Corner Lot, Garden, Landscaped, Many Trees, Views
Residential vegetation: Grassed

Details

Parcel number: 1016073431063
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Architectural style: Mediterranean,Spanish/Mediterranean
Property subtype: Single Family Residence

Materials

Frame, Synthetic Stucco, Rock
Roof: Flat,Tar/Gravel,Tile

Condition

Resale
New construction: No
Year built: 2008

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Green energy

Energy generation: Solar

Community & HOA

Community

Subdivision: Rio Rancho Estates

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $247/sqft
Tax assessed value: $676,925
Annual tax amount: $8,060
Date on market: 5/22/2026
Cumulative days on market: 113 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Dirt

Estimated market value

$690,200

$656,000 - $725,000

$3,123/mo

Price history

Date	Event	Price
9/8/2026	Price change	$699,999-3.4%$247/sqft
Source: SWMLS #1104017 Report a problem
8/27/2026	Price change	$725,000-1.4%$256/sqft
Source: SWMLS #1104017 Report a problem
8/15/2026	Price change	$735,000-1.3%$259/sqft
Source: SWMLS #1104017 Report a problem
7/31/2026	Price change	$745,000-0.7%$263/sqft
Source: SWMLS #1104017 Report a problem
5/23/2026	Listed for sale	$750,000+18.1%$265/sqft
Source: SWMLS #1104017 Report a problem
11/18/2021	Sold	--
Source: Agent Provided Report a problem
10/4/2021	Pending sale	$635,000$224/sqft
Source: SWMLS #999620 Report a problem
9/17/2021	Price change	$635,000+1.6%$224/sqft
Source: SWMLS #999620 Report a problem
8/28/2021	Pending sale	$625,000$221/sqft
Source: SWMLS #999620 Report a problem
8/25/2021	Listed for sale	$625,000+38.9%$221/sqft
Source: SWMLS #999620 Report a problem
12/17/2019	Sold	--
Source: SWMLS #952725 Report a problem
10/21/2019	Pending sale	$450,000$159/sqft
Source: Coldwell Banker Legacy #952725 Report a problem
8/27/2019	Listed for sale	$450,000+36.8%$159/sqft
Source: Coldwell Banker Legacy #952725 Report a problem
10/23/2013	Listing removed	$329,000$116/sqft
Source: Coldwell Banker Legacy #800359 Report a problem
10/14/2013	Listed for sale	$329,000$116/sqft
Source: Coldwell Banker Legacy #800359 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,804 -1.5%	$225,642 +1.8%
2024	$7,920 +2.6%	$221,759 +2.9%
2023	$7,723 -1%	$215,529 +1%
2022	$7,798 +60.7%	$213,334 +64.2%
2021	$4,854 +3%	$129,905 +3%
2020	$4,712 +22.9%	$126,122 +21.4%
2019	$3,833 +9.6%	$103,886 +3%
2018	$3,498 -6.8%	$100,860 +3%
2017	$3,754	$97,922
2016	$3,754 +2.1%	$97,922 -7.1%
2014	$3,677	$105,411 +23%
2013	$3,677	$85,706 -73.6%
2011	--	$324,393