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  • Price Unknown

    308 Prestige Way NE, Rio Rancho, NM 87124

    3beds
    1,697sqft
    Single Family Residence
    Built in 1993
    0.4 Acres Lot
    $400,000 Zestimate®
    $--/sqft
    $2,231 Estimated rent

    Home value

    $400,000

    $372,000 - $428,000

    $2,231/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Fernandez 505-250-0077,

    Berkshire Hathaway NM Prop,

    Anwar Y Salinas Galdean 505-348-7532,

    Berkshire Hathaway NM Prop

    Bought with:

    Jacquelyn Lea Olsen, REC20260193

    LPT Realty

    Source: SWMLS,MLS#: 1105857MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 179.3
    • Dimensions: 16.3 x 11
    Bedroom 2
    • Level: Main
    • Area: 111
    • Dimensions: 11.1 x 10
    Bedroom 3
    • Level: Main
    • Area: 137.64
    • Dimensions: 12.4 x 11.1
    Dining room
    • Level: Main
    • Area: 147.4
    • Dimensions: 13.4 x 11
    Kitchen
    • Level: Main
    • Area: 238.96
    • Dimensions: 23.2 x 10.3
    Living room
    • Level: Main
    • Area: 235.98
    • Dimensions: 18 x 13.11
    Office
    • Description: SUNROOM
    • Level: Main
    • Area: 252
    • Dimensions: SUNROOM
    Heating
    • Central, Forced Air, Natural Gas
    Cooling
    • Refrigerated
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • 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
    • Windows: Thermal Windows, Skylight(s)
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,697
    • Total interior livable area: 1,697 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Electricity, Garage Door Opener, Oversized, Workshop in Garage, RV Access/Parking
    • Garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Private Yard, RV Hookup
    • Fencing: Wall
    Lot
    • Size: 0.4 Acres
    • Features: Cul-De-Sac, Landscaped, Xeriscape
    Details
    • Additional structures: RV/Boat Storage, Storage, Workshop
    • Parcel number: 1011070401038
    • Zoning description: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Board & Batten Siding, Brick Veneer, Frame
    • Foundation: Slab
    • Roof: Metal,Pitched
    Condition
    • Resale
    • New construction: No
    • Year built: 1993
    Details
    • Builder name: Amrep

    Utilities & green energy

    • Electric: 220 Volts in Garage
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: None
    • Water conservation: Water-Smart Landscaping

    Community & HOA

    Community
    • Subdivision: Rolling Hills Replat 1
    Location
    • Region: Rio Rancho

    Financial & listing details

    • Tax assessed value: $350,793
    • Annual tax amount: $4,214
    • Date on market: 6/19/2026
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/17/2026Sold--
    Source: SWMLS #1105857 Report a problem
    8/16/2026Pending sale$400,000$236/sqft
    Source: SWMLS #1105857 Report a problem
    8/6/2026Listed for sale$400,000$236/sqft
    Source: SWMLS #1105857 Report a problem
    6/28/2026Pending sale$400,000$236/sqft
    Source: SWMLS #1105857 Report a problem
    6/28/2026Price change$400,000-1.7%$236/sqft
    Source: SWMLS #1105857 Report a problem
    6/23/2026Listed for sale$407,000+25.2%$240/sqft
    Source: SWMLS #1105857 Report a problem
    8/4/2022Sold--
    Source: SWMLS #1019357 Report a problem
    7/26/2022Pending sale$325,000$192/sqft
    Source: SWMLS #1019357 Report a problem
    7/20/2022Listed for sale$325,000$192/sqft
    Source: SWMLS #1019357 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,080 -0.3%$116,931 +3%
    2024$4,091 +2.6%$113,525 +3%
    2023$3,986 +82.2%$110,219 +67.4%
    2022$2,188 +1.1%$65,848 +3%
    2021$2,164 +3.3%$63,931 +3%
    2020$2,095 +2.6%$62,069 +3%
    2019$2,041 +38.8%$60,261 +26.7%
    2018$1,471 -6.5%$47,576 +3%
    2017$1,573 $46,191
    2016$1,573 +2.1%$46,191
    2014$1,541 $46,191 +14.9%
    2013$1,541 $40,191 -71%
    2011-- $138,573
    Find assessor info on the county website

    Neighborhood: Solar Village/Mid-Unser

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Maggie Cordova
    • Middle: Lincoln
    • 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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    Estimated market value
    $400,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $400,000