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4118 Pico Norte Ln NE, Rio Rancho, NM, 87124

6beds
4baths
3,514sqft
$795,000
$226price/sqft
$4,825/moest. monthly cost
$193,000/yrincome needed

About This Home

Amazing home in highly sought after gated neighborhood of Loma Colorado, Tres Colinas. Largest lot in neighborhood at .3 acres, 6 full bedrooms with separate office, attached four car garage with detached 16'x50' fully finished and insulated RV garage that could also be used as shop, home gym, etc. Sellers are the original owners who built the house with every option, including large sliding door from den to covered patio, recirculation line for tankless water heater for instant hot water, laundry room with full cabinets and sink, attached garage is fully insulated/finished with 220v electric outlet and utility sink. Multiple improvements have also been completed: Built in lockers/benches at garage entry, remodeled pantry, custom wood burning fireplace,

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

7/10
7/10
Rio Rancho High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2017

Materials

  • Roof: Pitched,Tile

Other

  • Builder name: Pulte

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Electric Dryer Hookup

Bedroom2

  • Level: Upper
  • Area: 141

Bedroom3

  • Level: Upper
  • Area: 141

Bedroom4

  • Level: Lower
  • Area: 152.38

Bedroom5

  • Level: Upper
  • Area: 137.5

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 137.5

Family Room

  • Level: Upper
  • Area: 218.75

Features

  • Breakfast Bar,Dual Sinks,Garden Tub/Roman Tub,Home Office,Kitchen Island,Loft,Multiple Living Areas,Main Level Primary,Pantry,Separate Shower,Water Closet(s),Walk-In Closet(s)
  • Window features: Thermal Windows
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Custom,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 3,514
  • Total interior livable area: 3,514 sqft

Kitchen

  • Level: Main
  • Area: 192

Living Room

  • Level: Main
  • Area: 435.38

Office

  • Level: Main
  • Area: 136.5

Primary Bedroom

  • Level: Main
  • Area: 217

Property

Details

  • Parcel number: 1013070431320
  • Zoning description: R-1

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio
  • Exterior features: Hot Tub/Spa,Private Yard
  • Has spa: Yes
  • Fencing: Wall

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 5
  • Parking features: Attached,Garage,Garage Door Opener,RV Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Winter Weather
Earthquake
Hail
Heat Wave
Strong Wind

FEMA Declared Disasters in Sandoval County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,019$48,228
Home Insurance *$120$1,440
Property Taxes $437$5,244
Electricity $249$2,998
Total$4,825$57,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$165,428/yr
40% on housing$144,750/yr
45% on housing$128,666/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$226This listing

vs Other Active Listings

Avg $/sqft

ZIP 87124$189
Sandoval County$215

vs Homes Sold Last Month

Median $/sqft

ZIP 87124
Sandoval County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$815,000
2025-12-01Listing removed$875,000
2025-06-06Listed for sale$875,000
2025-05-28Listing removed--
2025-05-25Price change$825,000
2025-04-16Listed for sale$850,000

For Sale by Agent

AgentJoe Schifani
BrokerageAffordable Realty Services Inc

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