For sale

$407,000

308 Prestige Way NE, Rio Rancho, NM 87124

3beds

1,697sqft

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Single Family Residence

Built in 1993

0.4 Acres Lot

$406,700 Zestimate^®

$240/sqft

$-- HOA

What's special

Beautiful single-story home situated on a spacious 0.40-acre cul-de-sac lot! This well-maintained property features 3 bedrooms, 2 full bathrooms, and an inviting open floor plan designed for comfortable everyday living. Enjoy the large sunroom, offering flexible space for relaxing, entertaining, or a home office. The expansive backyard provides convenient access to an RV carport, workshop, and an additional 2-car garage, giving you plenty of room for vehicles, storage, and hobbies. Recent updates include new windows installed in 2025, a metal roof and gutters replaced in 2024, and exterior paint completed in 2024. With its generous lot size, functional amenities, and major improvements already completed. It Truly is a Great Place to Call Home.

6 days

222

13

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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

Price per square foot: $240/sqft
Tax assessed value: $350,793
Annual tax amount: $4,214
Date on market: 6/19/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$406,700

$386,000 - $427,000

$2,079/mo

Price history

Date	Event	Price
6/23/2026	Listed for sale	$407,000+25.2%$240/sqft
Source: SWMLS #1105857 Report a problem
8/4/2022	Sold	--
Source: SWMLS #1019357 Report a problem
7/26/2022	Pending sale	$325,000$192/sqft
Source: SWMLS #1019357 Report a problem
7/20/2022	Listed for sale	$325,000$192/sqft
Source: SWMLS #1019357 Report a problem

Public tax history

Year	Property taxes	Tax 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

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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