Final Opportunity to own in Rainbow Canyon! Tired of paying rent? Invest in a new home at Rainbow Canyon - Rio Rancho's newest community minutes from shopping. Rainbow Canyon offers ''life-tested'' modern floor plans at an affordable price designed to enhance your evolving lifestyle. The Chimayo is a modern 3 bed 2 bath home with open concept living, granite countertops, and a delightful blend of a large covered patio and welcoming front porch. Experience comfort and style in every corner. Centex plans feature openness and energy-efficiencient designs to boast livability and savings on utility bills! Enjoy a functional kitchen with stainless-steel appliances, including a side-by-side refrigerator, granite countertops, and 15'' x 15'' tile in wet areas.
Pending
Price cut: $5K (8/10)
$350,000
285 Spectrum Ave SW, Rio Rancho, NM 87124
3beds
1,264sqft
Single Family Residence
Built in 2026
5,662 Square Feet Lot
$349,400 Zestimate®
$277/sqft
$45/mo HOA
What's special
Functional kitchenOpen concept livingWelcoming front porchGranite countertopsSide-by-side refrigeratorLarge covered patioStainless-steel appliances
- 99 days
- 83
- 2
Zillow last checked:
Listing updated:
Listed by:
Wade Messenger 505-991-5774,
Pulte Homes of New Mexico 505-761-9606
Source: SWMLS,MLS#: 1104780
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 191.8
- Dimensions: 13.7 x 14
Kitchen
- Description: Cafe
- Level: Main
- Area: 206.36
- Dimensions: Cafe
Living room
- Level: Main
- Area: 207.42
- Dimensions: 14.11 x 14.7
Heating
- Central, Forced Air, Natural Gas
Cooling
- Refrigerated
Appliances
- Included: Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven
- Laundry: Electric Dryer Hookup
Features
- Entrance Foyer, High Speed Internet, Kitchen Island, Main Level Primary, Pantry, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Sliding, Vinyl
- Has basement: No
- Has fireplace: No
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,264
- Total interior livable area: 1,264 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Private Yard, Sprinkler/Irrigation, Landscaping
- Fencing: Wall
Lot
- Size: 5,662 Square Feet
- Features: Landscaped, Planned Unit Development, Xeriscape
Details
- Parcel number: na
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Synthetic Stucco
- Roof: Pitched,Shingle
Condition
- Under Construction
- Year built: 2026
Details
- Builder name: Centex
Utilities & green energy
- Electric: None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Underground Utilities, Water Connected
Green energy
- Energy efficient items: Appliances
- Energy generation: None
- Water conservation: Water-Smart Landscaping
Community & HOA
Community
- Features: Common Grounds/Area
- Security: Smoke Detector(s)
- Subdivision: Rainbow Canyon
HOA
- Has HOA: Yes
- Services included: Common Areas, Road Maintenance
- HOA fee: $45 monthly
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $277/sqft
- Annual tax amount: $4,080
- Date on market: 6/4/2026
- Cumulative days on market: 82 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$349,400
$332,000 - $367,000
$2,183/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Pending sale | $350,000$277/sqft |
Source:  SWMLS #1104780 Report a problem | ||
| 8/10/2026 | Price change | $350,000-1.4%$277/sqft |
Source: SWMLS #1104780 Report a problem | ||
| 7/26/2026 | Price change | $354,990+4.7%$281/sqft |
Source:  Centex Report a problem | ||
| 7/25/2026 | Listed for sale | -- |
Source: Centex Report a problem | ||
| 7/23/2026 | Pending sale | $339,000$268/sqft |
Source: SWMLS #1104780 Report a problem | ||
| 7/22/2026 | Price change | $339,000-3.1%$268/sqft |
Source: SWMLS #1104780 Report a problem | ||
| 6/8/2026 | Price change | $350,000-2.7%$277/sqft |
Source: SWMLS #1104780 Report a problem | ||
| 6/4/2026 | Listed for sale | $359,540$284/sqft |
Source: SWMLS #1104780 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 87124
Nearby schools
Schools provided by the listing agent
- Elementary: Puesta Del Sol
- Middle: Eagle Ridge
- High: Rio Rancho
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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