3 months on rocket

1023 Cottonwood Dr NW, Los Ranchos, NM, 87107

$3,650,000

5 Bedrooms
2 Full Baths, 1 Partial
6,080 SqFt
$600/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Finished Garage, Garage, Garage Door Opener, Oversized
Attached Garage4 spaces
Year Built2022
HeatingCentral, Forced Air, Radiant
CoolingMulti Unit(s), Central Air
FireplaceCustom, Outside
Private PoolYes
MLS #1055796
Lot Size1.08 Acres
StatusActive

About 1023 Cottonwood Dr NW

Experience unparalleled luxury in this exquisite Los Ranchos residence, nestled in Prado, an exclusive gated community. Boasting a generous 6080sqft, this meticulously designed home offers opulent living spaces and exudes sophistication and comfort. The property features, five bedrooms, five baths, and a stunning 50 x 25 saltwater pool, perfect for indulgent relaxation and entertaining guests in style. Embrace sustainability with the owned 14.4 kW solar system, ensuring both energy efficiency and a commitment to environmental responsibility. Beyond the elegant interiors, the meticulously landscaped yard benefits from an irrigation well, providing lush greenery and a picturesque outdoor haven. This residence is the epitome of luxury living in one of the most sought-after neighborhoods.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Custom
  • Year Built: 2022
  • Stories: 1
  • Living Area: 6,080 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 897-1100
  • Listing Agent: Ashley R Gonzales

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Indoor Grill, Refrigerator, Range Hood, Water Softener, Wine Cooler, Washer
  • Basement: No
  • Flooring Type: Tile
  • Interior: Wet Bar, Separate/Formal Dining Room, Family/Dining Room, Garden Tub/Roman Tub, Home Office, Living/Dining Room, Multiple Living Areas, Main Level Primary, Skylights, Separate Shower, Walk-In Closet(s)
  • Fireplace: Custom, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Fire Pit, Hot Tub/Spa, Outdoor Grill, Private Entrance, Privacy Wall, Private Yard, RV Hookup, Sprinkler/Irrigation

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached, Finished Garage, Garage, Garage Door Opener, Oversized

Lot Features

Lot Information:

  • Lot: Landscaped, Sprinklers
  • Lot Size: 1.08 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Radiant
  • Cooling: Multi Unit(s), Central Air

School Info

Assigned Schools Information:

  • Valley High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Taft Middle School, Public District Grades 6-8
  • Los Ranchos Elementary School, Public District Grades PK-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Rio Grande and I-40, North on Rio Grande to Cottonwood Drive. Left on Cottonwood Drive. House will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,650,000
  • Price Per SqFt: $600/SqFt

HOA Fees:

  • Amount: $590
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $9
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Ranchos de Albuquerque, NM.

Med. Sold Price

$310K

Med. Price/SqFt

$257

Avg. Days On Market

45

# of Sold Homes

3

1023 Cottonwood Dr NW vs Los Ranchos de Albuquerque

96 DAYS ON ROCKET

+51 Days

$3,650,000

+$3.3M More

$600/SqFt

+$342 More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $342/SqFt more than other homes in Los Ranchos de Albuquerque, NM.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1055796

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 897-1100
  • Listing Agent: Ashley R Gonzales

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 3:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9$210
2019$9$210
2018$9$210
2017$9$210

History based on county public records data.

Payment Calculator

$18.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1015577
3
/10
  • Los Ranchos Elementary School

  • 7609 4th St NW

  • 1.16 miles

  • Public District Grades PK-5

school-card-donut-1015578
6
/10
  • Coronado Elementary School

  • 601 4th St SW

  • 5.85 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1015579
4
/10
  • Taft Middle School

  • 620 Schulte Rd NW

  • 0.91 miles

  • Public District Grades 6-8

High School

school-card-donut-1015580
4
/10
  • Valley High School

  • 1505 Candelaria Rd NW

  • 2.71 miles

  • Public District Grades 9-12

school-card-donut-1015581
8
/10
  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 4.60 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $96,959. Residents of Los Ranchos de Albuquerque, NM typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1023 Cottonwood Dr NW

What is the listing price of this property?

The listing price of 1023 Cottonwood Dr NW property is $3,650,000.

What type of property is this?

The property 1023 Cottonwood Dr NW is a house located in Los Ranchos, New Mexico, 87107.

Is this property for sale now?

Active Listing: 1023 Cottonwood Dr NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1023 Cottonwood Dr NW are:
Los Ranchos Elementary School: GreatSchools Rating 3/10
Coronado Elementary School: GreatSchools Rating 6/10
Taft Middle School: GreatSchools Rating 4/10
Valley High School: GreatSchools Rating 4/10
Nex Gen Academy: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1023 Cottonwood Dr NW has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1023 Cottonwood Dr NW is 6,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1023 Cottonwood Dr NW is 2022.
Rocket Homes logo

Interested in 1023 Cottonwood Dr NW? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesNew MexicoBernalillo CountyLos Ranchos de Albuquerque871071023 Cottonwood Dr NW

This home is located at 1023 Cottonwood Dr NW in Los Ranchos, NM and zip code 87107 in the Northwest Albuquerque neighborhood. This 6,080 square foot home, which was built in 2022, sits on a 1.08 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 21, 2024 and is currently priced at $3,650,000.

Los Ranchos de Albuquerque, NM housing market in March 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. The number of homes for sale in Los Ranchos de Albuquerque, NM decreased by 24% between February 2024 and March 2024. The median list price of listings available in March 2024 was $310,000, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources