For sale

Price cut: $6K (8/18)

$259,000

14 Rainbow Rd, Sapello, NM 87745

2beds

1,019sqft

$1,617/mo

Get pre-qualified

Cabin

Built in 1960

1.88 Acres Lot

$243,700 Zestimate^®

$254/sqft

$25/mo HOA

What's special

Sound of the riverCozy wood stoveOpen concept main floorTwo lower level bedroomsSapello river frontageLovely benchesLarge decks

Lovely cabin/small home on the Sapello River! Listen to the sound of the river which runs below and the wind in the aspens and pines from this lovely rural property! Or walk down and sit on one of the lovely benches and take in the serenity! You (and your guests!) won't want to leave this lovely property! Sapello river frontage. Open concept main floor with cozy wood stove for those chilly nights, large decks, two lower level bedrooms. Located in the Rincon Montosa development. Be sure to come and view this unique offering.

140 days
746
67

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Partial bathrooms: 1

Heating

Propane, Space Heater, Wood Stove

Features

Ceiling Fan(s), Walk-In Closet(s)
Flooring: Carpet, Vinyl
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 1,019
Total interior livable area: 1,019 sqft

Property

Parking

Total spaces: 3
Parking features: Garage, Carport
Garage spaces: 2
Carport spaces: 1
Covered spaces: 3

Lot

Size: 1.88 Acres
Topography: Irregular Lot

Details

Parcel number: R0504060 & R0661843

Construction

Type & style

Home type: SingleFamily
Property subtype: Cabin

Materials

Frame, Siding
Roof: Metal,Pitched

Condition

Year built: 1960

Utilities & green energy

Utilities for property: Electricity Connected, Propane

Green energy

Energy generation: Solar

Community & HOA

Community

Security: Audio/Video Surveillance

HOA

Has HOA: Yes
HOA fee: $300 annually

Location

Region: Sapello

Financial & listing details

Price per square foot: $254/sqft
Tax assessed value: $116,952
Annual tax amount: $1,030
Date on market: 4/10/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan
Inclusions: Dishwasher, Free-Standing Range, Refrigerator
Electric utility on property: Yes

Estimated market value

$243,700

$232,000 - $256,000

$1,496/mo

Price history

Date	Event	Price
8/18/2026	Price change	$259,000-2.3%$254/sqft
Source: New Mexico MLS #20262096 Report a problem
7/14/2026	Listed for sale	$265,000$260/sqft
Source: New Mexico MLS #20262096 Report a problem
4/27/2026	Pending sale	$265,000$260/sqft
Source: New Mexico MLS #20262096 Report a problem
4/12/2026	Listed for sale	$265,000$260/sqft
Source: New Mexico MLS #20262096 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$855 +0.4%	$38,984 +3%
2024	$852 -3.1%	$37,848 -2.6%
2023	$879 +4.4%	$38,842 +3%
2022	$842 +3.6%	$37,711 +3%
2021	$812 +7.1%	$36,613 +6.1%
2018	$758 +131.9%	$34,511
2017	$327 +5%	$34,511 +143.8%
2013	$311 +6.3%	$14,154 +6.1%
2011	$293	$13,340