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    5 Ocotillo Way, Placitas, NM 87043

    3beds
    2,056sqft
    Single Family Residence
    Built in 2011
    1.02 Acres Lot
    $564,200 Zestimate®
    $--/sqft
    $2,859 Estimated rent

    Home value

    $564,200

    $536,000 - $592,000

    $2,859/mo

    Zestimate® history
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    What's special

    Priced $41,500 below current appraisal for immediate sale! Beautifully remodeled single story (no steps) custom home on Mustang Mesa w/Sandia Mtn views. New updates include: LED lights & fixtures, all ceilings/walls painted, tankless H2O heater, whole-house water filtration, kitchen remodel w/steel, bamboo & walnut shelving & appliances; bathrooms remodeled w/tankless bidet toilet, front lit mirror w/fogless control. Other recent updates: stucco, windows, refrig. air/heat combo unit, flooring, partial roof, detached heated/cooled office/workshop, storage shed, carport, security door, metal gates, coyote fencing & landscaping. Walled side & backyard w/entire acre+ lot fenced (great for RV parking). Close to BLM land w/hiking/biking trails, wild horses roam & amazing night sky. Welcome home

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark J Puckett 505-269-6997,

    Platinum Properties & Invst.

    Bought with:

    Nonmls Nonmls

    Non Member of SWMLS

    Source: SWMLS,MLS#: 1058067MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 210.14
    • Dimensions: 15.8 x 13.3
    Bedroom 2
    • Level: Main
    • Area: 182.32
    • Dimensions: 17.2 x 10.6
    Bedroom 3
    • Level: Main
    • Area: 106.66
    • Dimensions: 11.11 x 9.6
    Dining room
    • Level: Main
    • Area: 132
    • Dimensions: 12 x 11
    Kitchen
    • Level: Main
    • Area: 177
    • Dimensions: 15 x 11.8
    Living room
    • Level: Main
    • Area: 623.3
    • Dimensions: 27.1 x 23
    Heating
    • Combination
    Cooling
    • Refrigerated
    Appliances
    • Included: Dryer, Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Washer
    • Laundry: Electric Dryer Hookup
    Features
    • Ceiling Fan(s), Main Level Primary, Shower Only, Skylights, Separate Shower, Walk-In Closet(s)
    • Flooring: Laminate, Tile
    • Windows: Double Pane Windows, Insulated Windows, Vinyl, Skylight(s)
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,056
    • Total interior livable area: 2,056 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    • Carport spaces: 1
    • Covered spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Fully Fenced, Fence, Private Yard
    • Fencing: Front Yard,Wall
    • Has view: Yes
    Lot
    • Size: 1.02 Acres
    • Features: Cul-De-Sac, Landscaped, Views
    Details
    • Additional structures: Outbuilding, Storage
    • Parcel number: R031867
    • Zoning description: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stucco
    • Roof: Tar/Gravel
    Condition
    • Resale
    • New construction: No
    • Year built: 2011

    Utilities & green energy

    • Electric: None
    • Sewer: Septic Tank
    • Water: Shared Well
    • Utilities for property: Cable Connected, Electricity Connected, Phone Available, Underground Utilities, Water Connected
    Green energy
    • Energy generation: None

    Community & neighborhood

    Location
    • Region: Placitas

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Gravel

    Price history

    DateEventPrice
    12/13/2025Listing removed$2,850$1/sqft
    Source: SWMLS #1094038 Report a problem
    11/19/2025Price change$2,850-5%$1/sqft
    Source: SWMLS #1094038 Report a problem
    11/5/2025Listed for rent$3,000$1/sqft
    Source: SWMLS #1094038 Report a problem
    10/10/2025Listing removed$559,000$272/sqft
    Source: SWMLS #1086343 Report a problem
    9/7/2025Price change$559,000-1.9%$272/sqft
    Source: SWMLS #1086343 Report a problem
    8/8/2025Price change$570,000-1.7%$277/sqft
    Source: SWMLS #1086343 Report a problem
    7/17/2025Price change$580,000-1.2%$282/sqft
    Source: SWMLS #1086343 Report a problem
    6/19/2025Price change$587,000+0.3%$286/sqft
    Source: SWMLS #1086343 Report a problem
    5/18/2025Listed for sale$585,000+6.7%$285/sqft
    Source: Owner Report a problem
    7/3/2024Sold--
    Source: SWMLS #1058067 Report a problem
    6/12/2024Pending sale$548,500$267/sqft
    Source: SWMLS #1058067 Report a problem
    5/23/2024Price change$548,500-2.9%$267/sqft
    Source: SWMLS #1058067 Report a problem
    5/15/2024Price change$565,000-1.7%$275/sqft
    Source: SWMLS #1058067 Report a problem
    5/2/2024Price change$575,000-1.7%$280/sqft
    Source: SWMLS #1058067 Report a problem
    3/28/2024Price change$585,000-2.5%$285/sqft
    Source: SWMLS #1058067 Report a problem
    3/2/2024Listed for sale$600,000$292/sqft
    Source: SWMLS #1058067 Report a problem
    10/28/2023Listing removed--
    Source: SWMLS #1040450 Report a problem
    9/29/2023Listed for sale$600,000$292/sqft
    Source: SWMLS #1040450 Report a problem
    8/28/2023Listing removed--
    Source: SWMLS #1040450 Report a problem
    8/26/2023Listed for sale$600,000+14.7%$292/sqft
    Source: SWMLS #1040450 Report a problem
    4/13/2023Sold--
    Source: SWMLS #1029820 Report a problem
    3/28/2023Pending sale$523,000$254/sqft
    Source: SWMLS #1029820 Report a problem
    3/1/2023Listed for sale$523,000$254/sqft
    Source: SWMLS #1029820 Report a problem
    2/26/2023Pending sale$523,000$254/sqft
    Source: SWMLS #1029820 Report a problem
    2/19/2023Listed for sale$523,000+90.3%$254/sqft
    Source: SWMLS #1029820 Report a problem
    8/25/2017Sold--
    Source: SWMLS #219009_880458 Report a problem
    6/24/2017Pending sale$274,900$134/sqft
    Source: Maddox & Co/REALTORS #880458 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,679 +0.4%$173,837 +4.9%
    2024$3,663 +101.5%$165,755 +86.6%
    2023$1,817 +1.5%$88,816 +3%
    2022$1,790 0%$86,229 +3%
    2021$1,790 +3.2%$83,718 +3%
    2020$1,734 +2.4%$81,280 +3%
    2019$1,693 +8.4%$78,912 -1.5%
    2018$1,562 -15.6%$80,149 +11.3%
    2017$1,851 $72,000
    2016$1,851 -3.7%$72,000 -5.5%
    2014$1,922 $76,160 +1002.2%
    2013$1,922 $6,910

    Find assessor info on the county website

    Neighborhood: 87043

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Placitas

    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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    Estimated market value
    $564,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $564,200