716 Colorado Mountain Rd NE, Rio Rancho, NM, 87124
About This Home
Built by Fellowship Homes as their showcase model home, this exceptional estate pairs refined luxury with thoughtful design on a beautifully situated half acre lot. The main residence offers 3 bedrooms plus a flex space, 3.5 bathrooms, and a 3 car garage with an expansive open concept layout designed for elevated everyday living and entertaining. The living area features soaring 10' ceilings, stunning tongue and groove wood ceiling details, and seamless flow into the designer kitchen complete with a butler's pantry. Expansive covered patios frame breathtaking Sandia Mountain views and create a true indoor-outdoor living experience. A detached ADU/in-law suite adds remarkable flexibility with its own full kitchen, 2 bedrooms, 1 bathroom, and private 1 car garage. No HOA or PID.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Flat
- Construction materials: Frame,Stucco
Other
- Builder name: Fellowship Homes
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Double Oven,Dishwasher,Disposal,Microwave,Refrigerator,Range Hood
- Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Features
- Breakfast Bar,Bookcases,Ceiling Fan(s),Central Vacuum,Entrance Foyer,Garden Tub/Roman Tub,High Ceilings,Home Office,Kitchen Island,Main Level Primary,Separate Shower,Walk-In Closet(s)
- Window features: Double Pane Windows,Insulated Windows,Vinyl
- Flooring: Tile,Vinyl,Wood
- Number of fireplaces: 1
- Fireplace features: Custom
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Multi Units,Refrigerated
Interior Area
- Total structure area: 3,904
- Total interior livable area: 3,904 sqft
Kitchen
- Level: Main
- Area: 0
Living Room
- Level: Main
- Area: 0
Primary Bedroom
- Level: Main
- Area: 0
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1011070406379
- Zoning description: R-1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Patio
- Exterior features: Private Yard,Smart Camera(s)/Recording,Sprinkler/Irrigation
- Fencing: Wall
- Has view: Yes
Lot
- Lot size: 0.53 Acres
- Features: Corner Lot,Landscaped,Views,Xeriscape
Parking
- Total spaces: 4
- Parking features: Attached,Finished Garage,Garage,Oversized
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
How This Home’s Risks Compare
FEMA Declared Disasters in Sandoval County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,331 | $87,972 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $797 | $9,564 |
| Electricity | $277 | $3,330 |
| Total | $8,525 | $102,300 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Listed for sale | $1,450,000 |
View on Zillow