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For sale
    • Price cut: $50K (5/17)
    $995,000

    704 Gregg Rd NE, Rio Rancho, NM 87124

    4beds
    3,039sqft
    : 
    $6,363/mo
    Get pre-qualified
    Single Family Residence
    Built in 2019
    1 Acres Lot
    $978,400 Zestimate®
    $327/sqft
    $-- HOA

    What's special

    Dual convection ovensCustom outdoor kitchenOversized fridgeCustom chicken unit
    *SELLER OFFERING $15K CLOSING CREDIT*Modern Mediterranean Masterpiece on 1 Acre. This 2020 estate (4 bed/3 bath, 3,170+ sqft) offers luxury & utility with paved roads, public utilities & high-speed internet. Enjoy mountain & city light views from a 400sqft open-air courtyard or the custom outdoor kitchen. Inside, a chef's dream awaits: GE Cafe Series suite with 6-burner gas range, dual convection ovens & oversized fridge. Entertain at the wet bar featuring a 75-bottle California Redwood wine fridge & ice maker. Car enthusiasts will love the 3-car tandem garage + a detached 30x20 insulated/powered shop. Property includes a powered 20x10 barn & custom chicken unit for a refined homestead lifestyle.
    159 days
    |
    240
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Karsten & Associates 505-315-1564,

    Karsten & Associates 505-315-1564

    Source: SWMLS,MLS#: 1098503MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 378
      • Dimensions: 21 x 18
      Bedroom 2
      • Level: Main
      • Area: 156
      • Dimensions: 12 x 13
      Bedroom 3
      • Level: Main
      • Area: 195
      • Dimensions: 13 x 15
      Bedroom 4
      • Level: Main
      • Area: 160.8
      • Dimensions: 13.4 x 12
      Kitchen
      • Level: Main
      • Area: 390
      • Dimensions: 26 x 15
      Living room
      • Level: Main
      • Area: 800
      • Dimensions: 25 x 32
      Heating
      • Central, Multiple Heating Units, Natural Gas
      Cooling
      • Refrigerated
      Appliances
      • Included: Cooktop, Down Draft, Double Oven, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
      • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
      Features
      • Wet Bar, Bookcases, Breakfast Area, Bathtub, Ceiling Fan(s), Central Vacuum, Dressing Area, Dual Sinks, Entrance Foyer, Great Room, Garden Tub/Roman Tub, High Ceilings, High Speed Internet, Home Office, Hot Tub/Spa, Jack and Jill Bath, Kitchen Island, Main Level Primary, Pantry, Sitting Area in Master, Skylights
      • Flooring: Carpet, Tile
      • Windows: Double Pane Windows, Insulated Windows, Thermal Windows, Vinyl, Skylight(s)
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas Log, Log Lighter, Multi-Sided
      Interior area
      • Total structure area: 3,039
      • Total interior livable area: 3,039 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Attached, Detached, Garage, Workshop in Garage, RV Access/Parking
      • Attached garage spaces: 7
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Open, Patio
      • Exterior features: Courtyard, Hot Tub/Spa, Outdoor Grill, Privacy Wall, Private Yard, Sprinkler/Irrigation, Landscaping, Private Entrance
      • Has spa: Yes
      • Spa features: Hot Tub
      • Fencing: Back Yard,Gate,Wall
      • Has view: Yes
      Lot
      • Size: 1 Acres
      • Features: Landscaped, Few Trees, Views, Xeriscape
      Details
      • Additional structures: Second Garage, Garage(s), Outdoor Kitchen, RV/Boat Storage, Shed(s), Storage, Workshop
      • Parcel number: 1012070066320
      • Zoning description: R-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • Frame, Synthetic Stucco, Rock
      • Foundation: Slab
      • Roof: Flat,Pitched,Tile
      Condition
      • Resale
      • New construction: No
      • Year built: 2019
      Details
      • Builder name: Paul Sanchez

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
      Green energy
      • Energy generation: None
      • Water conservation: Water-Smart Landscaping

      Community & HOA

      Community
      • Features: Common Grounds/Area
      • Security: Security Gate, Smoke Detector(s)
      • Subdivision: Rio Rancho Estates
      Location
      • Region: Rio Rancho

      Financial & listing details

      • Price per square foot: $327/sqft
      • Tax assessed value: $710,168
      • Annual tax amount: $8,459
      • Date on market: 2/18/2026
      • Cumulative days on market: 160 days
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Paved

        Estimated market value

        $978,400

        $929,000 - $1.03M

        $3,329/mo

        Price history

        DateEventPrice
        5/17/2026Price change$995,000-4.8%$327/sqft
        Source: SWMLS #1098503 Report a problem
        5/11/2026Price change$1,045,000-2.8%$344/sqft
        Source: SWMLS #1098503 Report a problem
        4/30/2026Price change$1,075,000-2.3%$354/sqft
        Source: SWMLS #1098503 Report a problem
        2/18/2026Listed for sale$1,100,000$362/sqft
        Source: SWMLS #1098503 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,191 -0.2%$236,723 +3%
        2024$8,211 +2.7%$229,828 +3%
        2023$7,998 +14.7%$223,134 +16.9%
        2022$6,976 +0.7%$190,931 +3%
        2021$6,926 +52.6%$185,370 +52.6%
        2020$4,537 +830.4%$121,438 +945.4%
        2019$488 +1024.2%$11,616 +966.7%
        2018$43 -19.6%$1,089 -11.8%
        2017$54 $1,234
        2016$54 +3.1%$1,234 -10.5%
        2014$52 $1,379 -9.6%
        2013$52 $1,525
        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.
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        Climate risks

        Neighborhood: 87124

        Getting around

        5 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Eagle Ridge
        • High: Rio Rancho

        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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