308 Prestige Way NE Rio Rancho, NM $ 400,000
308 Prestige Way NE
$ 400,000
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308 Prestige Way NE

Rio Rancho, NM, 87124
$ 400,000
Bedrooms3 Baths2.0 Sq 1,697

Monthly Estimate*

$ 2,526

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Single Family Home for sale in Rio Rancho, NM

for $400,000 with 3 bedrooms and 2 full baths. This 1,697 square foot home was built in 1993 on a lot size of 0.4.

Back on the market after buyer financing fell through. If you're a hobbyist, craftsman, or car enthusiast, this property delivers the kind of workspace that's hard to find. In addition to an oversized attached garage with a workbench and utility sink, the home features a 24x24 detached two-car garage that can easily double as a full workshop. Outfitted with 220 outlets and old-school solar heat, this space is ideal for power tools, welders, compressors, or automotive equipment -- giving you the freedom to work on projects year-round with added warmth and efficiency. The property sits on a generous 0.40-acre cul-de-sac lot with a fully xeriscaped yard for low-maintenance living. The backyard includes an RV carport, a small metal storage shed, and a 40-foot covered back patio -- perfect for outdoor work areas, shaded relaxation, or additional project space. Fruit-bearing cherry trees and a peach tree add charm and character to the outdoor environment. Inside, the home offers 3 bedrooms, 2 full bathrooms, and an inviting open floor plan. A spacious sunroom provides flexible space for relaxing or expanding your hobby area. The enclosed front porch includes a large closet with built-in shelving, giving you even more storage for gear, supplies, or household items. Major updates are already complete: new windows (2025), metal roof and gutters (2024), fresh exterior paint (2024), and polybutylene piping has been replaced -- ensuring the home is move-in ready while the workshop spaces are project-ready. For anyone who needs serious garage space, reliable power, heat, and room to create, this property is a standout. There is also no HOA, providing added flexibility and freedom of ownership. It truly is a great place to call home -- and an even better place to build, tinker, and enjoy your craft.

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Single Family Active

Price

$ 400,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 4,214

Style

Lot Size

0.4

Year Built

1993

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1105857

Features
General
Sewer Public Sewer
Heating Central Forced Air Natural Gas
Cooling Refrigerated
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Closing & Funding
Roof Metal Pitched
Appliances Dryer Dishwasher Disposal Microwave Refrigerator Washer
Garage Spaces 4
Patio/Porch Features Covered Patio
Architectural Style Ranch
Construction Materials Board & Batten Siding Brick Veneer Frame
Year Built 1993
Electric 220 Volts in Garage
Stories Count 1
Levels One
Property Subtype Detached
County Sandoval
New Construction false
Property Type Residential
Subdivision Name Rolling Hills Replat 1
Facing Direction Southwest
Garage Y/N true
Green Energy Generation None
Green Water Conservation Water-Smart Landscaping
Other Structures RV/Boat Storage Storage Workshop
Full Baths 2
Status Active
Directions From Unser & Southern: North on Unser East on Western Hills first left on Prestige Way. Home at end of cul-de-sac
High School Rio Rancho
City Rio Rancho
Disclosures RANM 2100 Disclosure
Zoning Description R-1
MLS Area 150 - Rio Rancho MiD
Lot Size Square Feet 17424
Listing Terms Cash Conventional FHA VA Loan
Elementary School Maggie Cordova
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 4214.2
Middle/Junior High School Lincoln
Property Condition Resale
Builder Name AMREP
Standard Status Active
Year Built Source Public Records
Property Sub Type Additional Detached
Expected Active Date 2026-06-23
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Interior
Interior Amenities Breakfast Area Bathtub Ceiling Fan(s) Separate/Formal Dining Room Dual Sinks Entrance Foyer Great Room Main Level Primary Pantry Skylights Soaking Tub
Flooring Carpet Laminate Tile
Total Fireplaces 0
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Thermal Windows Skylight(s)
Fireplace Y/N false
Half Baths 0
3/4 Baths 0
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Private Yard RV Hookup
Fencing Wall
Parking Features Electricity Garage Door Opener Oversized Workshop in Garage RV Access/Parking
Lot Features Cul-De-Sac Landscaped Xeriscape
Water Source Public
Foundation Details Slab
Building Area Total 1697
Lot Size Acres 0.4
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Road Frontage Type City Street
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* Excluded Features
List By
John Fernandez

Listing Agent

Berkshire Hathaway Nm Prop

Broker

jfernandez505@msn.com

Email

Affordability Calculator

$2,877
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,526
Monthly Property Taxes
$351
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3038989 Elementary School
3038403 Middle School
Rio Rancho High School High School
Pricing History
DatePricePrice ChangeDescription
6/28/2026$400,000 -1.72% Price Down
6/23/2026$407,000 Listed Price

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308 Prestige Way NE, Rio Rancho, NM, 87124 is a Single Family Home for sale at $400,000 with 1,697 sqft and a lot size of 0.4. 308 Prestige Way NE has 3 bedrooms, 2.0 baths, and was built in 1993. The property's zip code is 87124 which is in Rio Rancho, NM