$70,000
Sold on Sep 15, 2026
1.1 acres
601 Acicate Road NE, Rio Rancho, 87124
408 Rainbow Boulevard SE
Rio Rancho, NM 87124
$70,000
21,780
SqFt Lot
148
Days on Market
87124
Zip Code
Sandoval
County
1103863
Listing #
Estimated Mortgage
$354/mo
Based on $14K down · 6.5% · 30yr
About this property
Beautiful Half-Acre Opportunity in a Growing Area. Adjacent Lot Also AvailableThis .5-acre lot offers the perfect blend of space, convenience, and future potential. Located right next to… Show more
Beautiful Half-Acre Opportunity in a Growing Area. Adjacent Lot Also AvailableThis .5-acre lot offers the perfect blend of space, convenience, and future potential. Located right next to Lot 2--which is also available this property gives buyers the rare chance to secure side-by-side parcels in a rapidly developing area.Custom homes are already rising nearby, adding value and showcasing the quality of the neighborhood. A paved road runs directly in front of the property, providing easy access, and utilities are close, making future development far more convenient for your buyers.Whether someone is looking to build now or invest for the future, this lot delivers location, flexibility, and long-term upside.
Property details for 408 Rainbow Boulevard SE
Exterior and lot
Lot Size Acres:
0.5
Lot Size:
21,780 sqft
Building and construction
Property Type:
Land
Provisional
MLS #:
1103863
Listing Terms:
Cash
Area and schools
City:
Rio Rancho
Postal Code:
87124
MLS Area Major:
Rio Rancho MiD
Subdivision:
Rio Rancho Estates
County:
Sandoval
Topography:
Level
Distance To Electric Comments:
Call Listing Broker
Distance To Gas Comments:
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Distance To Phone Service Comments:
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Distance To Sewer Comments:
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Distance To Water Comments:
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Number Of Lots:
1
Parcel Number:
1009069240151
Schools
Utilities
Utilities:
Cable Available, Sewer Not Available
Listing and financial details
Listing Date:
May 18, 2026
Location
Directions: From Southern and Unser go West on Southern to Rainbow turn Right towards Inca and Rainbow. Lots on the right of Rainbow
Estimated Mortgage
$354/mo
Based on $14K down · 6.5% · 30yr
Homes recently sold near 408 Rainbow Boulevard SE
408 Rainbow Boulevard SE, Rio Rancho, NM 87124 listed as MLS #1103863.
This 0.5 acres Land
located in Rio Rancho Estates, Rio Rancho NM 87124.
408 Rainbow Boulevard SE is listed for $70,000 as MLS #1103863 courtesy of Realty One of New Mexico Rose M Varona.
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-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
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About Rio Rancho Estates
Rio Rancho Estates is the original AMREP land subdivision that the city of Rio Rancho grew out of, platted from 1960 through the mid-1970s across roughly 90,000 acres of mesa northwest of Albuquerque. The developer sold half-acre and one-acre parcels by advertisement to buyers far from New Mexico, laying a grid of graded dirt roads well ahead of any water or utility service.
Read about Rio Rancho Estates Community.Connect with a local Rio Rancho Estates real estate agent
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