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. Minutes to top Rio Rancho schools. A rare blend of sophistication & space. Exceptional stargazing included.
For sale
$1,100,000
704 Gregg Rd NE, Rio Rancho, NM 87124
4beds
3,648sqft
Est.:
Single Family Residence
Built in 2019
1 Acres Lot
$1,064,200 Zestimate®
$302/sqft
$-- HOA
What's special
Dual convection ovensCustom outdoor kitchenOversized fridgeCustom chicken unit
- 1 day |
- 351 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: February 18, 2026 at 12:26pm
Listed by:
Karsten & Associates 505-300-4109,
Karsten & Associates 505-315-1564
Source: SWMLS,MLS#: 1098503
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
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: 3,648
- Total interior livable area: 3,648 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: 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: $302/sqft
- Tax assessed value: $710,168
- Annual tax amount: $8,459
- Date on market: 2/18/2026
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Estimated market value
$1,064,200
$1.01M - $1.12M
$3,685/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Listed for sale | $1,100,000$302/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
BuyAbility℠ payment
Est. payment
$6,370/mo
Principal & interest
$5673
Property taxes
$697
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 7/10Ernest Stapleton Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Lincoln Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 1.3 mi
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.










