The Esplanade in Rio Rancho, NM

87124 · Rio Rancho Mid · Rio Rancho, NM

Townhouse New construction 55+ community HOA

The Esplanade is an age-restricted community in Rio Rancho, set along Country Club Drive SE and Esplanade Circle SE. Building began in 1979: single-level attached homes, most with a covered patio, a private courtyard and an attached two-car garage. Residency is limited to households including someone 55 or older. There is no clubhouse. A landscaped walking path serves as the shared amenity, and the homeowners association covers common-area maintenance, landscaping and exterior lighting. The closed Club Rio Rancho golf course sits just up Country Club Drive, its 250 acres the subject of a redevelopment plan that has been before the city since 2025.

The land up the road has sat idle since the golf course shut down in 2016. Its clubhouse burned in 2019, and the property changed hands in 2022. The master plan filed for the site, Chamisa Hills, would put more than 300 residential units, a town center with retail and restaurants, an 11-acre park and roughly 62 acres of open space threaded with walking trails on the old fairways, plus a business park along High Resort Boulevard. A city board recommended approval in spring 2025; the governing body has postponed a vote more than once since.

In place of a clubhouse, the association keeps an activity director on hand for residents.

Active listings
6
Sold, last 12 months
4
Median sold price
$285,000
Median $/sq ft
$183
Typical size
1,450–1,600 sq ft

MLS data, updated daily.

Amenities

Landscaped walking path

The Esplanade Location

Nearby Former Club Rio Rancho golf course (Chamisa Hills site)

Connect with a real estate agent today — Call/text (505) 521 8550

Community Overview

Community Type Active adult (55+) community
Property Type Townhouse
Home Size 1,450–1,600 sq ft
Bedrooms 2–3
Established 1979
Number of Homes 114
New Construction Yes
HOA Yes
Association Fee $120 Monthly
Dues Include Common Areas, Maintenance Grounds, Road Maintenance
HOA Amenities Landscaped walking paths, Maintained common areas
Association Esplanade Homeowners Association
HOA Phone (575) 621-2992
Built 1979 to 2026
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM