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Homes Under $700K in Rio Rancho

Search homes under $700,000 in Rio Rancho, New Mexico. This price range opens up move-in ready options across a wide variety of neighborhoods, styles, and sizes.

Showing 94 listings in Rio Rancho. Want to refine your search? Use our Advanced Home Search to filter by price, bedrooms, features, and more.

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Beautiful single-story home offering a spacious and highly functional floorplan designed for both everyday living and entertaining. Multiple living areas provide flexibility for relaxing, working, or hosting guests. The open-concept kitchen flows seamlessly into a large living room with soaring high ceilings and a cozy gas fireplace. Upgraded bathrooms feature modern finishes throughout. The spacious primary suite serves as a private retreat featuring double sinks, a stand alone jetted tub, and a vast walk-in closet. Step outside to an expansive covered patio with its own fireplace, perfect for year-round enjoyment, overlooking a lush, green backyard oasis. Located in a desirable area, this home also includes a three-car garage with ample space for storage and convenience.

4
BEDS
4
BATHS
3,379
SQFT
0.22
ACRES

APPRAISED LISTING PRICE! Seller offers an improvment allowance toward landscaping. A rare 4 - 5 bedroom, unique TRI-LEVEL custom home in the quiet established Panorama Heights Neighborhood in the Heart of Rio Rancho. This newly renovated, turnkey home offers approximately 3,821 sq ft of spacious, open-concept living. The property features a new roof, new stucco, high ceilings, and an abundance of natural light provided by numerous windows and skylights. The home has been renovated to include remodeled upstairs bathrooms, new carpet, new custom window blinds, and modern lighting fixtures. Additional upgrades include new toilets, hardware, all new carpet and paint. A significant highlight is the additional 550-square-foot multi-purpose room, which provides a flexible space perfect for

5
BEDS
4
BATHS
3,791
SQFT
0.35
ACRES

Looking for a ranch-style floor plan? Put the Arlington at the top of your list! This smartly designed home offers a generous open great room with a multi-slide patio door, dining room and gourmet kitchen, two bedrooms with a shared bath, and a separate primary suite with private bath and walk-in closet. Conveniences like the mudroom, laundry room, broad kitchen island, built-in pantry and covered patio add to the plan's single-floor appeal.

3
BEDS
2
BATHS
1,810
SQFT
0.17
ACRES
$550,000
-4,900$ 06/28

$2,500 BUYER CREDIT + OWNED SOLAR!MOVE-IN READY in the highly desirable Lomas Encantadas community in Rio Rancho! This stunning 2022 Abrazo home offers 3 bedrooms + an office, 2.5 bathrooms, open-concept living with soaring 10-12 ft ceilings that bring in tons of natural light and space. Enjoy a 3-car garage with overhead storage, soft water system, and an entertainer's bar complete with a beer & wine fridge perfect for hosting. The backyard is fully landscaped and built for year-round enjoyment with a gazebo, outdoor kitchen/BBQ, and an extended patio. Motivated sellers are offering a $2,500 buyer credit plus owned solar, making this an incredible value in today's market. Opportunities like this don't come around often schedule your private showing today!

3
BEDS
3
BATHS
2,488
SQFT
0.17
ACRES

PRICE IMPROVEMENT!Experience True SW Living at its finest!Horse permitted!Elevated corner lotViews Galore of city lights, Sandias & Santa Fe lightsPrivate CourtyardRamped entrancesWood windowsWood trim and solid wood doors throughout Cozy Wood burning kiva Refrigerated airGranite42'' upper cabinets with crown molding.Recessed lighting in kitchenGlass block over cabinets in kitchen lets the light in!Built in plate rackSkylightsTall ceilings2 LALarge master with French doors to patioMaster bath jet tubGrab barsCeiling fansLaundry room with cabinets and folding table ShedFruit trees abound including Apple, pomegranate, pear, cherry, apricot and grapes.New water heater (2026)Newer TPO roof (2020)RV Hook up w/ 50amp servBeautiful, well c

4
BEDS
3
BATHS
2,672
SQFT
1.05
ACRES

This beautifully maintained 4-bedroom home features a bright, open layout designed for comfortable living, highlighted by a cozy fireplace in the living area and refined details throughout, including tray ceilings, recessed lighting, and refrigerated air. The kitchen is fully equipped with appliances and offers a large island with seating and a pantry, creating a space that is both functional and inviting. A convenient laundry room and dedicated home office (potential 5th bedroom) add everyday practicality. The primary suite includes a walk-in closet and an ensuite bath with a double sink vanity. Outdoors, enjoy landscaped front & back yards, a private walled backyard, a covered patio, and low-maintenance artificial turf, offering the perfect blend of comfort and style.

4
BEDS
4
BATHS
2,654
SQFT
0.17
ACRES

The Mariposa at Lomas Encantadas Estates in Rio Rancho is a luxury single-story home offering approximately 3,012 square feet with expansive living space, elevated design, and a strong sense of arrival. The open-concept great room, dining area, and chef-inspired kitchen create bright, connected living ideal for entertaining and everyday comfort. A large island, generous counter space, and direct connection to the main living areas make the kitchen both functional and impressive. The private owner's suite includes a spa-style bath with dual vanities, soaking tub, large walk-in shower, and an expansive walk-in closet. A flex room and 3-car garage add versatility and storage.

4
BEDS
3
BATHS
3,012
SQFT
0.22
ACRES

Stunning new home, less than a year old! This immaculate Ammolite floor plan offers over 3,000 sqft of thoughtfully designed living space, featuring 5 bedrooms and 4 bathrooms--perfect for growing families or those who love to entertain. A standout feature is the impressive guest suite, already equipped with plumbing for a future kitchenette, offering excellent flexibility for multigenerational living, hosting visitors or renting out for extra income. The luxurious primary suite boasts a spacious walk-in closet and a private, spa-like bathroom. There is also a whole house water softener. Built with energy efficiency in mind, this green home helps keep utility costs low while maintaining comfort and style. Don't miss the opportunity to own this beautifully maintained, move-in-ready home!

5
BEDS
4
BATHS
3,040
SQFT
0.13
ACRES

Beautifully designed home in a prime Rio Rancho Location! The open concept kitchen features stone countertops, stylish cabinet hardware , custom lighting and a spacious pantry- flowing seamlessly into the living and dining areas, perfect for everyday living and entertaining. The main level offers a convenient bedroom and 3/4 bath ideal for guests or multigenerational living. Upstairs has 3 additional bedrooms, 2 baths and another generously sized versatile living space. Tandem 3 car garage gives you ample storage. BIG savings here the professionally landscaped backyard is DONE for your and provides the perfect canvas for relaxation and enjoyment . Super location offers quick access to shopping and dining.

4
BEDS
3
BATHS
2,856
SQFT
0.2
ACRES
$524,995
-15,000$ 06/30

An inviting covered entry welcomes guests to the inspired Tourmaline plan. The main floor showcases an open layout with a bedroom, a bathroom, a great room, a dining area, and a well-appointed kitchen featuring a large island and center-meet doors leading onto a covered patio. An impressive second-floor primary suite boasts an expansive walk-in closet and a private bath. This level also offers a loft, a laundry, a shared bath, and two additional bedrooms. Designer-curated fixtures and finishes round out this plan

4
BEDS
3
BATHS
2,700
SQFT
0.16
ACRES

Step into modern comfort & thoughtful design with this stunning 4-bedroom home, built just 4 years ago. That means the roof, water heater, refrigerated air unit, heating unit, etc. are all just 4 years old! This green-certified property offers energy efficiency, lower utility costs, and sustainable living without sacrificing style or convenience. The nicely appointed kitchen flows seamlessly into the living and dining areas, making it perfect for both everyday living & entertaining. The primary suite features a large, walk-in, tiled shower making cleaning a cinch. A standout feature of this home is the private in-laws/guest/second master suite providing flexibility & privacy while still being connected to the main home

4
BEDS
4
BATHS
2,773
SQFT
0.18
ACRES

This beautiful home sits on a .27-acre lot with fully xeriscaped front yard for easy maintenance. This well-maintained property features tankless water heater, water softener and the primary closet includes custom California Closets design. The home offers three spacious bedrooms plus a versatile flex room that can be used as an office or guest bedroom. High ceilings add to the open feel throughout the home with plenty of natural light, and a functional layout. The home combines comfort and location.

3
BEDS
3
BATHS
2,327
SQFT
0.27
ACRES

Now offering a $4,000 buyer credit- an excellent opportunity to personalize the outdoor space, reduce closing costs, or offset nearly two years of solar payments. Welcome to this inviting 3-bedroom, 3-bathroom home in Lomas Encantadas. Built in 2023, this newer home features a split floorplan with the primary suite separated for added privacy. The kitchen offers stainless steel appliances, a large island, and an updated backsplash, perfect for everyday living and entertaining. The spacious primary suite includes a comfortable bath and walk-in closet. Secondary bedrooms are well-sized with flexible use options. Step outside to enjoy a covered patio with beautiful Sandia Mountain views. Additional features include a 3-car garage, gutters installed in 2025, and leased solar at $169/month.

3
BEDS
3
BATHS
2,108
SQFT
0.19
ACRES

Welcome to 2416 Nugget, a home like no other. Inside, custom lighting highlights every detail, from the stylish hallway bath to the showpiece kitchen with oversized island, stunning backsplash, 100 sq. ft. pantry, and wine fridge with prep space. The primary suite offers a private deck with unobstructed mountain views, plus a spa-like bath with soaking tub and breathtaking shower. Outside, relax by the fireplace or enjoy the versatile she-shed--perfect for an office or playhouse. With thoughtful touches like a pet shower and doggie doors, this home is truly a unique gem. -Open floor plan -Custom kitchen -Spa like primary bathroom - Unobstructed views from primary bedroom -She/shed -Close to grocery stores and restaurants -5 bedrooms -Versatile laundry room -0versized bedrooms

5
BEDS
4
BATHS
2,761
SQFT
0.16
ACRES

Beautiful newly built in May 2025 home in Rio Rancho featuring 3 bedrooms, plus office, and 2.5 baths. This thoughtfully designed property offers a spacious 3-car garage, durable metal roof, and energy-efficient tankless water heater. Inside, you'll find stunning Saltillo tile floors, large windows that flood the home with natural light, and a luxurious primary suite complete with a jetted soaking tub. Enjoy breathtaking views of the Sandia Mountains from both the front and back porches, all situated on a quiet street for added privacy and tranquility.

3
BEDS
3
BATHS
2,062
SQFT
0.5
ACRES

New Price on this beautifully appointed Pulte home in Rio Rancho's Broadmoor Heights area!! A Must See! Positioned on an oversized corner lot, this thoughtfully designed residence offers 3, possibly 4 bedrooms, 3 bathrooms, and a seamless open-concept layout that blends style, comfort, and everyday functionality.Inside, enjoy light-filled living spaces, modern finishes, stainless steel appliances, an expansive kitchen island, generous cabinetry, and flexible rooms ideal for a home office, guest space, or additional bedroom. The professionally landscaped backyard is designed for outdoor enjoyment, featuring refined curb appeal and space to entertain, relax, and take in the surrounding views. Conveniently located to Local amenities and more.

3
BEDS
3
BATHS
2,441
SQFT
0.12
ACRES

Location, Location! This beautiful, spacious 3/3 Mediterranean home is located just west of Rust hospital! Fresh paint on the interior! The living, kitchen and dining spaces tie together and are perfect for entertaining. The 1/2 acre property is ready for your vision. The master suite has a large closet, jetted tub and separated sinks. Enjoy Cathedral ceilings, arched doorways and a large statement fireplace.

3
BEDS
3
BATHS
2,196
SQFT
0.5
ACRES

Don't miss the chance to make this VIEW property yours! 3bd+office custom home w/ POOL, EZ care yard with Sandia views! Heated Sunroom + heated/cooled flex room with 3/4 bath. A true chef's kitchen with Viking 60'' range, matching s/s hood & S/S appl. 2 pantries & an island ensures meal prep & entertaining is a breeze. ALL TILE floors gives a seamless flow to the home. Owner remodeled the FP with contemporary gray/white stacked stone. STUNNING! The salt water pool has everything you'd want: in ground cleaning system, solar heating, a slide, motorized cover & safety fencing. The Gazebo is oriented to provide the perfect spot to watch the changing colors on the Sandias. Oversized garage is 800 SF & there is a RV drive w/ hookups. Much to appreciate, come see for yourself!

3
BEDS
4
BATHS
2,480
SQFT
0.5
ACRES

Mountain views, gated, and a prime corner lot make this beautifully updated Redondo home stand out. Offering 4 bedrooms, 4 bathrooms, plus a versatile bonus room, it provides flexible living for any lifestyle. Bright and inviting, the home features new tile, new carpet, fresh paint, and beautifully remodeled bathrooms with modern finishes. The primary suite includes a walk-in closet and a spa-like tiled shower, while a guest room offers a private en-suite. The kitchen boasts soft-close Aristokraft cabinetry, stainless steel appliances, and updated finishes. Enjoy the landscaped backyard perfect for relaxing or entertaining, all within the desirable Mariposa community with trails, a pool, and amenities.

4
BEDS
4
BATHS
2,660
SQFT
0.32
ACRES

Discover luxury single-level living in this stunning Hakes Brothers home located in the sought-after Suez Estates neighborhood in Rio Rancho. This 5-bedroom home combines timeless curb appeal with modern comforts. The striking stone and stucco exterior, accented by a classic tile roof, sets the tone for the quality craftsmanship inside. Gourmet touches include beautiful granite countertops and designer custom lighting that illuminate the open living spaces. The oversized 2-car garage adds convenience and extra storage.Outside, the fully landscaped backyard is a true retreat, featuring a generous covered patio with electric sun shades for effortless shade and comfort. Enjoy mountain views from the private viewing bluff -- the perfect setting for morning coffee, or sunset drinks.

5
BEDS
3
BATHS
2,670
SQFT
0.26
ACRES

$5k flex cash offered! Sandia Mountain Views await just outside this 4 bed 3 bath home on 1 Acre in the Rio Rancho Estates Subdivision! This updated single-story, over 2,300 sq ft home, has modern amenities such as an open floor plan, large master suite with spacious walk-in closet, garden tub, his and her double sinks, newer tile flooring throughout, and newer refrigerated cooling unit. The gourmet chef's kitchen has newer appliances, granite countertops, updated backsplash, & a breakfast nook overlooking the spacious living area. This home on 1 ac has ample room for RV parking. Enjoy the outdoor sitting area under the covered patio. An ideal location with nearby restaurants (M'tucci's, Blakes, Dions, etc) and shopping (Walmart, Target, Walgreens, Lowe's Home Improvement, and more)!

4
BEDS
3
BATHS
2,385
SQFT
1
ACRES
$690,000
-10,000$ 06/29

Experience the best of New Mexico living on 5 fully fenced acres with unobstructed Sandia Mountain views. This exceptional horse property blends timeless Southwest charm with modern comfort, featuring massive wood vigas, soaring ceilings, and dramatic floor-to-ceiling windows that showcase the scenery throughout. Flexible floorplan includes 4 bedrooms, an office, and a private upstairs primary retreat with its own balcony. Equestrian amenities include 3 horse stalls, hay shed, and a finished detached building with water and electric--perfect for a tack room, workshop, or studio.. Additional features include owned solar, refrigerated air, tankless water heater, reverse osmosis system, and oversized 3-car garage. Lender-paid rate buydown available!

4
BEDS
3
BATHS
2,834
SQFT
5
ACRES

This home makes an unforgettable first impression with its grand foyer and spacious, thoughtfully designed layout. This single-story home features 3 bedrooms, 3 bathrooms, and a versatile flex space perfect for a home office, gym, or hobby room. The Jack-and-Jill bathroom adds convenience for the secondary bedrooms, while the expanded primary suite creates a true retreat -- complete with generous space and a spa-like bath.Designed with both comfort and connection in mind, the open-concept kitchen and living areas flow seamlessly to the expanded covered patio, perfect for enjoying New Mexico's beautiful weather year-round. It's no surprise the Tiffany is an award-winning plan -- blending thoughtful design, modern style, and everyday livability into one stunning home.

4
BEDS
3
BATHS
3,058
SQFT
0.18
ACRES

Welcome home to Lomas Encantadas -- one of Rio Rancho's most sought-after communities. This beautiful single-level home, ready early next year, was designed for easy living and effortless entertaining. The spacious layout features three bedrooms, two and a half baths, and a bright, open kitchen with a large island and gourmet touches that make every meal feel special. With the primary suite tucked privately toward the back and the secondary bedrooms up front, there's room for everyone to unwind.Skylights fill the home with natural light, while the expanded covered patio invites you to soak up that signature New Mexico sunshine all year long. Whether it's a lively gathering or a quiet night in, this home has a way of making every moment feel like home.

3
BEDS
3
BATHS
2,075
SQFT
0.17
ACRES

Discover a home where thoughtful upgrades meet timeless New Mexico style. Located in the newest phase of Lomas Encantadas in Rio Rancho, this 3-bedroom gem features an expanded owner's suite, natural skylights, and sage green natural stone accents that bring a warm, earthy feel to its modern exterior.✨ Highlights You'll Appreciate:✅ Expanded Owner's Suite - A peaceful retreat with room to stretch and settle in✅ 3-Car Garage with Overhead Storage - Smart storage for tools, gear, and everything in between✅ Skylights - Flood your home with natural light and positive energy✅ Covered Patio - Enjoy year-round outdoor living under the New Mexico sky✅ Upgraded Exterior with Stone Accents - Unique curb appeal with a natural touch

3
BEDS
3
BATHS
2,334
SQFT
0.18
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.