The Islands in Rio Rancho, NM

87124 · Rio Rancho Mid · Rio Rancho, NM — by LeMaster

Gated community Townhouse 55+ community HOA

The Islands is an age-restricted townhome community in Rio Rancho, sitting against the golf ground that operated in turn as Panorama Country Club, Chamisa Hills and, last, Club Rio Rancho. Construction ran from the late 1980s into the early 1990s. The single-story attached homes were laid out around ponds the homeowners association kept filled with reclaimed water, and a gate controls the entrance while a security patrol covers the streets around the clock. Walking paths thread the interior and end at a small park with benches and a putting green.

The association is managed by HOAMCO. Dues cover the common areas, grounds maintenance, road maintenance, security and utilities, which holds the exteriors and shared landscape to one standard across an attached-home layout. There is no clubhouse.

The ponds that give the place its name have had a hard decade. Residents paid a monthly assessment to keep reclaimed water flowing into them, but after the surrounding course closed, the ponds on its east and north nines were drained, and the last of the water went in August 2023 after West Nile virus was detected. That ground is slated to become a retention basin for flood control. An earlier owner of the course property had pledged 36 acres toward a nature park; the land has changed hands since.

Albuquerque is about twenty minutes out, and the Sunport roughly thirty.

Active listings
1
Sold, last 12 months
9
Median sold price
$270,000
Median $/sq ft
$184
Typical size
1,500–1,650 sq ft

MLS data, updated daily.

Amenities

Walking trails Putting green Community park Common Grounds/Area

The Islands Location

Nearby Chamisa Hills Country Club (golf course)

Getting around Albuquerque (~20 min), Albuquerque International Sunport (~30 min)

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 1,450–1,800 sq ft
Bedrooms 2–3
Builder LeMaster
Established 1987
Number of Homes 102
New Construction No
HOA Yes
Association Fee $225 Monthly
Dues Include Common Areas, Utilities, Road Maintenance, Maintenance Grounds, Security
HOA Amenities Gated entry, Security patrol, Walking trails, Community park, Putting green
Association The Islands at Rio Rancho Homeowners Association
Managed By HOAMCO
HOA Phone (505) 924-5978 x2133
Built 1987 to 1990
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM