Monarch at Mariposa

Located within the highly sought-after Mariposa master-planned community in Rio Rancho, Monarch represents the next major phase of residential development in the area. As Mariposa approaches full build-out, Monarch offers a rare and timely opportunity to meet the community’s continued housing demand.

Spanning approximately 400 acres, Monarch is planned for ±850 residential units with a variety of lot sizes ranging from 45’ x 120’ to 80’ x 120’, thoughtfully designed to accommodate diverse homebuyers.

PRICE is proud to serve as a trusted local partner to Harvard Investments, the developer behind Mariposa. Our ongoing role includes entitlements, asset disposition assistance, fee development services, and strategic coordination with the City of Rio Rancho and key stakeholders.

Most recently, PRICE CONSTRUCTION SERVICES delivered Seasons at Monarch—a 50-acre, 174-home project built for Richmond American Homes. This marked Richmond’s first-ever community in Mariposa and their most significant investment in New Mexico to date.

Mariposa continues to rank among the region’s top-performing master-planned communities, celebrated for its outstanding amenities and a diverse offering of family, luxury, and custom homesites throughout the Albuquerque metro area.