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5229 Olsen Road NE

Rio Rancho, NM 87144

$16,000

75,651

SqFt Lot

Days on Market

87144

Zip Code

Sandoval

County

1111680

Listing #

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550

Contact agent

Schedule a showing? Yes

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Estimated Mortgage

$81/mo

Based on $3K down · 6.5% · 30yr

About this property

Extra large 1.74 AC lot in path of growth.Seller will finance and open to trades also.

Property details for 5229 Olsen Road NE

Exterior and lot

Lot Size Acres: 1.74

Lot Size: 75,651 sqft

Lot Size Dimensions: 195+84, 437

View (Yes/No): Yes

Building and construction

Property Type: Land

Provisional

MLS #: 1111680

Current Use: Unimproved

Listing Terms: Owner May Carry

Possible Use: Unimproved

Area and schools

City: Rio Rancho

Postal Code: 87144

MLS Area Major: Rio Rancho North

Subdivision: RIO RANCHO ESTATES

County: Sandoval

Topography: Level

Lot Features: Views, Acreage

Number Of Lots: 1

Parcel Number: 1015075242169

Utilities

Utilities: None, Sewer Not Available, Water Not Available

Listing and financial details

Listing Date: September 29, 2026

Location

Directions: Take Chayote South from NM550 to Kennard. West past water tanks to Hummell. Left -south- to Olsen. Left - east- to 2nd lot on left.SEE ZAP AND ILR IN DOCUMENTS.

Estimated Mortgage

$81/mo

Based on $3K down · 6.5% · 30yr

Homes recently sold near 5229 Olsen Road NE

$14,000

Sold on Jul 21, 2026

1 acres

24th Avenue NE, Rio Rancho, 87144

$15,900

Sold on Jul 21, 2026

0.5 acres

43rd Street NE, Rio Rancho, 87144

$18,000

Sold on Jul 21, 2026

0.5 acres

4002 Paxton Court NE, Rio Rancho, 87144

$15,000

Sold on May 13, 2025

0.34 acres

Northern Boulevard NE, Rio Rancho, 87144

5229 Olsen Road NE, Rio Rancho, NM 87144 listed as MLS #1111680. This 1.74 acres Land located in Rio Rancho Estates, Rio Rancho NM 87144. 5229 Olsen Road NE is listed for $16,000 as MLS #1111680 courtesy of Coldwell Banker Legacy Frank Andreone.

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.

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