$400,000
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308 Prestige Way Ne, Rio Rancho, NM 87124

3 Beds
2 Baths
1,697 Sq Ft

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.

  • MLS# 1105857
  • Date Listed06/17/2026
  • Days on Realty 54 Days
  • Bedrooms 3
  • Bathrooms 2 Full baths
  • Lot Size 0.4 acres (17,424 sq. ft)
  • Sewer Public Sewer
  • Subdivision Rolling Hills Replat 1
  • Property Type Single Family
  • County Sandoval
  • Year Built 1993
  • Water Public
  • Square Feet 1,697 sq. ft
  • Price Per Sq. Ft $235.71

Interior Features

  • Appliances Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Flooring Carpet, Laminate, Tile
  • Cooling Refrigerated
  • Heating Central, Forced Air, Natural Gas

Exterior / Lot Features

  • Exterior Private Yard, Rv Hookup, Rv Boat Storage, Storage, Workshop
  • Roof Metal, Pitched
  • Lot Size Acres 0.40
  • Lot Size SQFT 17,424.00
  • Lot Features Cul De Sac, Landscaped, Xeriscape

Financial Considerations

  • Tax Amount $4,214
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 87124

Explore the local neighborhood highlights and top-rated schools near 87124 in Rio Rancho, NM.

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 87124

Discover key demographics, population statistics, and environmental insights for the Rio Rancho, NM area.

Population & Environment

Source: Sperling's Best Places

Walkability in NM / 87124

Source: Walk Score

12/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

30/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 1/100, Bike Score: 28/100.

Property Change History

Property description updated with new details
Property description updated with new details
Property Lot Features updated
Cul-De-Sac, LandscapedCul De Sac, Landscaped, Xeriscape
Property Exterior Features updated
Property Interior Features updated
List Price decreased from $407,000 to $400,000
Price Per Square Foot decreased from $239.84 to $235.71
Property description updated with new details
Agent added 6 new photos to the listing
06 photos

Points of Interest near 308 Prestige Way NE, Rio Rancho, NM 87124

Frequently Asked Questions for 308 Prestige Way NE

Source: Realty.com

308 Prestige Way NE, Rio Rancho, NM 87124 in Rolling Hills Replat 1, Rio Rancho, NM 87124 is a single family listed at $400,000. Highlights include 3 bedrooms, 2 bathrooms, 1,697 sq. ft., built in 1993, 0.40 acre lot, $236 per sq. ft.. Realty.com has 40 photos, sales history, school insights, and mortgage tools for ...

Realty.com has 40 photos of 308 Prestige Way NE.

Our records indicate that 308 Prestige Way NE was built in 1993.

The full address for this home is 308 Prestige Way NE, Rio Rancho, NM 87124.

308 Prestige Way NE has been listed on Realty.com since Wed June 17, 2026

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 1/100, Bike Score: 28/100.

There are 3 schools assigned to this home. Check out the schools near 308 Prestige Way NE. Shining Stars Preschool (Grades: PK - 4), Lincoln Middle School (Grades: 6 - 8), Rio Rancho High School (Grades: 9 - 12)

Listing provided courtesy of: Berkshire Hathaway Nm Prop (tel: 505-798-6300)
Listing agent: John Fernandez (tel: 505-250-0077) (#johnmax)

This content last refreshed on 2026-08-10 21:52:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.