Spanish-Inspired Lakeside Retreat Nestled in the prestigious Dos Rios subdivision near Ute Lake, this stunning Spanish architecture-inspired home offers the perfect blend of elegance, comfort, and modern amenities. Featuring a beautiful tile roof and stucco exterior, this 3-bedroom, 2-bath residence is designed for luxurious living. The kitchen is a chefs dream, boasting granite countertops, custom cabinetry, and a pantry for ample storage. Modern stainless-steel appliances provide both style and functionality, while the open layout makes it ideal for entertaining. You will find a cozy gas fireplace in the spacious living area and an oversized 2-car garage with plenty of space for vehicles and storage. The open floor plan flows seamlessly to the outdoors, where a large covered back porch offers breathtaking lake viewsperfect for morning coffee or evening relaxation. Entertain with ease on the flagstone patio, complete with a fire pit for those cool nights. The beautifully landscaped yard, equipped with a full sprinkler system, adds to the home's charm and ease of maintenance. Additional features include an advanced alarm system with cameras for peace of mind. This home offers not only style but also a serene lifestyle by the lake. Discover lakeside living at its finest in Dos Rios!
Single-familyProperty Type
2011Year Built
3 acresLot Size
$241Est. Price/Sq.Ft.
2 car garageParking
Listed by Tj Smith• Ute Lake Premier Properties, LLC
Contact: 575-487-2883
Bought with Tj Smith• Ute Lake Premier Properties, LLC
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Earn from this home
Rent
$2,849/mo
Redfin rental estimate
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Market trends in 88426, NM
Last updated September 2026
Homes Sold Above List Price
0.0%
NaN% MoM
Median sale price
$322K
$139 MoM
Avg. days on market
47d
0 days MoM
Recently sold homes
2
0 MoM
Provided by Redfin
Sale history for 302 Ridgecrest Dr
Date
Event
Price
Public Records
Feb 11, 2025
Sold
—
NMMLS #20245655
Feb 11, 2025
Sold
—
Jan 21, 2025
Pending
—
Sep 13, 2024
Listed
$499,000
$251/sq ft
Public Records
May 10, 2017
Sold
—
NMMLS #20164030
May 10, 2017
Sold
$288,000
$145/sq ft
Aug 11, 2016
Listed
$299,900
$151/sq ft
This is a custom home situated on 3/4 beautifully landscaped acres in the exclusive Dos Rios subdivision. The home features an open concept living area and gorgeous unobstructed views of Ute Lake. The kitchen has beautiful granite countertops and hardwood cherry cabinets by Kraftmaid. A fantastic en suite features a custom shower, whirlpool bath, two separate vanities, and a large adjoining custom closet. The lawn is low-maintenance hybrid buffalo grass, and a sprinkler system provides worry-free moisture for the lawn and the drought-resistant indigenous shrubs and trees. A beautiful flagstone patio and fire pit completes the backyard. You will love the peaceful, country living of this beautiful Mediterranean-style home!
Year
Property tax
Land + Additions
Assessment*
2025
$3,003 (+1.0%)
$34,333 + $119,757
$154,090
2024
$2,973
$29,083 + $76,469
$105,552
2023
$2,974 (−3.1%)
$28,236 + $74,241
$102,477
2022
$3,067 (+2.3%)
$28,236 + $74,241
$102,477
2021
$3,000 (+9.9%)
$28,236 + $74,241
$102,477
2020
$2,728 (+13.0%)
$27,408 + $72,065
$99,473
2019
$2,415 (−1.3%)
$26,610 + $69,966
$96,576
2018
$2,447 (−0.1%)
$25,835 + $67,928
$93,763
2017
$2,450 (+14.2%)
$24,998 + $70,209
$95,207
2016
$2,146 (+2.8%)
$24,998 + $70,209
$95,207
2015
$2,088 (−1.0%)
$24,586 + $61,212
$85,798
2014
$2,110 (+324.7%)
$23,175 + $57,698
$80,873
2012
$497
$23,175 + $57,698
$80,873
Tax history for 302 Ridgecrest Dr
Year
Property tax
Land + Additions
Assessment*
2025
$3,003 (+1.0%)
$34,333 + $119,757
$154,090
2024
$2,973
$29,083 + $76,469
$105,552
2023
$2,974 (−3.1%)
$28,236 + $74,241
$102,477
2022
$3,067 (+2.3%)
$28,236 + $74,241
$102,477
2021
$3,000 (+9.9%)
$28,236 + $74,241
$102,477
2020
$2,728 (+13.0%)
$27,408 + $72,065
$99,473
2019
$2,415 (−1.3%)
$26,610 + $69,966
$96,576
2018
$2,447 (−0.1%)
$25,835 + $67,928
$93,763
2017
$2,450 (+14.2%)
$24,998 + $70,209
$95,207
2016
$2,146 (+2.8%)
$24,998 + $70,209
$95,207
2015
$2,088 (−1.0%)
$24,586 + $61,212
$85,798
2014
$2,110 (+324.7%)
$23,175 + $57,698
$80,873
2012
$497
$23,175 + $57,698
$80,873
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.