$9,916 Closing Credit¹
#202502362, Dominic Serna, Listing office: Keller Williams Realty
$587,000 List price
5 Ocotillo Way Placitas, NM 87043
$6,971
Closing credit¹
3 beds
1 full
2,053 sqft
1.0 acres
$286 / sqft
House
Property details
About 5 Ocotillo Way
Wake up to the magic of Mustang Mesa--where a stunning single-story custom home invites you to live without limits. No steps, just endless Sandia Mountain views and wide-open skies. The heart of the home is a modern kitchen with custom steel, bamboo and walnut shelving, designed to inspire. Natural lights flood every room, tankless water heater, water conditioning system, and a refrigerated air/heat combo offer comfort and ease. A detached heated/cooled approx. 120 sq. ft. studio is your private retreat for work or creativity. Outside, over an acre of fenced land features a walled backyard, carport, RV parking, coyote fencing, remote gate, and tranquil landscaping. Just beyond--miles of BLM trails and roaming wild horses. This is more than a home--it is a peaceful lifestyle.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingCentral Air
Size2,053 sqft
Lot size1.02 Acres
Year built2011
ParkingAttached, Garage
MLS #1086343
Attached garage2 spaces
FireplaceWood Burning
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Electric Range, Microwave
- Basement: No
- Flooring Type: Laminate, Tile
- Interior: Ceiling Fan(s), Main Level Primary, Skylights, Water Closet(s)
- Fireplace: Wood Burning
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached, Garage
- Exterior: Fully Fenced, Fence, Private Yard
- Architectural Style: Custom
- Heating: Other
- Cooling: Central Air
- List Price: $587,000
- Price/SqFt: $285
- Annual Tax Amount: $3,637
- Tax Year: 2024
- Lot: Cul-De-Sac, Landscaped, Views
- Directions: I-25 North to Placitas, Hwy. 165 East 6.7 miles to North on Camino De Las Huertas. 2.7 miles to Palomino and quick left on Camino De La Questa Del Aire to right on Ocotillo Way
- Year Built: 2011
- Stories: 1
- Living Area: 2,053 SqFt
- Lot Size: 1.02 Acres
- MLS Number: 1086343
- MLS Name: SWMLS
- Office Name: Keller Williams Realty
- Office Phone: (505) 271-8200
- Office Email: KWQB239@gmail.com
- Listing Agent: Lalaine D Stone
The 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 © 2025 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: 6/21/2025, 3:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$587,000
5 Ocotillo Way
$6,971
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $165,755 | $3,637 |
| 2023 | $88,816 | $1,847 |
| 2022 | $86,229 | $1,789 |
| 2021 | $83,718 | $1,763 |
| 2019 | $78,912 | $1,692 |
| 2018 | $80,149 | $1,561 |
| 2017 | $72,000 | $1,533 |
History based on county public records data.
Nearby schools
9
Placitas Elementary School
Public District PK-5
2.4 mi
•5 Calle Del Carbon
3
Algodones Elementary School
Public District PK-5
3.3 mi
•1300 Highway 313
3
Bernalillo Elementary School
Public District 3-5
6.1 mi
•301 Calle Del Carbon
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,744. Most Placitas, NM residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
26%
<35k
50%
35k-100k
18%
100k-200k
6%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
4%
Single, with Kids
43%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
8%
18-34 yrs old
63%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Placitas, NM
Transportation in Placitas includes a combination of private vehicle use and public transit options, with roads connecting to major highways for commuting to nearby cities such as Albuquerque. The area's public transportation system offers routes that facilitate access to employment centers and amenities, although schedules may vary. The community is also served by ride-sharing services, providing additional flexibility for residents. While some neighborhoods in Placitas are more walkable, the overall community is best navigated by car, especially given the spacious layout and rural setting.
Residents of Placitas have access to a variety of essential services within the community. The educational needs are served by a number of public and private schools in the vicinity, ensuring options for families with children. Healthcare is accessible through local clinics and nearby hospitals that provide a range of medical services. The community also benefits from a public library and a selection of retail and dining options that showcase local flavors and crafts. City initiatives are in place to continually enhance these services, adapting to the evolving needs of the population.
Placitas maintains a serene and inviting atmosphere, with a strong sense of community that is celebrated through local art shows, farmers markets, and annual festivals. The area prides itself on its tranquil desert landscapes and the close-knit nature of its neighborhoods, which foster a peaceful living environment. Residents enjoy the blend of rural charm and cultural richness, with easy access to outdoor recreational activities such as hiking and horseback riding in the nearby Cibola National Forest and the Sandia Mountains.
The housing landscape in Placitas is characterized by a mix of architectural styles, with a notable presence of Southwestern adobe homes that reflect the region's cultural heritage. Single-family homes are prevalent, offering spacious living environments often accompanied by scenic views of the surrounding mountains and desert. The market also includes a selection of modern and ranch-style houses, with a focus on integrating indoor and outdoor living spaces. While the majority of residences are owner-occupied, there are opportunities for renting, catering to a range of lifestyle preferences.
About 5 Ocotillo Way
The listing price of 5 Ocotillo Way property is $587,000.
The property 5 Ocotillo Way is a house located in Placitas, New Mexico, 87043.
Active Listing: 5 Ocotillo Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5 Ocotillo Way are: Placitas Elementary School (GreatSchools Rating 9/10), Algodones Elementary School (GreatSchools Rating 3/10), Bernalillo Elementary School (GreatSchools Rating 3/10), Bernalillo Middle School (GreatSchools Rating 3/10), Sandoval Academy of Bilingual Education (GreatSchools Rating 8/10), Mountain View Middle School (GreatSchools Rating 9/10), Bernalillo High School (GreatSchools Rating 4/10), Cleveland High School (GreatSchools Rating 7/10), Independence High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $3,637 (source: MLS/based on county public records data).
The property at 5 Ocotillo Way has 3 bedrooms and 2 bathrooms.
The property 5 Ocotillo Way is 2,053 SqFt (source: MLS/tax record).
The year of construction for 5 Ocotillo Way is 2011.
This home is located at 5 Ocotillo Way in Placitas, NM and zip code 87043. This 2,053 square foot home, which was built in 2011, sits on a 1.02 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $587,000.
Over 1 listings were sold over their listed price in May 2025 in Placitas, NM. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Placitas, NM decreased by 12.1% between April and May 2025. In May 2025 median list price was $711,500 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.