LKV Realty
Logo
$400,000
$2,150Reward *
308 Prestige Way NE, Rio Rancho, NM 87124Listing ID 1105857

308 Prestige Way NE, Rio Rancho, NM 87124

Pending
Rolling Hills Replat 1
Time on site: 59 daysLast updated: 17 hours ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,697
Acres
Acres
0.4
Days on Site
Days on Site
14
Cooling
Cooling
Refrigerated
Heating
Heating
Natural Gas, Central
Year Built
Year Built
1993
Stories
Stories
1
Garages
Garages
4
Parking
Parking
RV Access/Parking

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.

Property Information

Property Details

Location

Address
308 Prestige Way NE
County
Sandoval
City
Rio Rancho
Zip Code
87124
Subdivision
Rolling Hills Replat 1
High School
Rio Rancho
Elementary School
Maggie Cordova
MLS Area
150 - Rio Rancho MiD

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
2

Building

Building Information

Square Feet
1,697
Year Built
1993
Stories
1
Construction
Frame, Board & Batten Siding, Brick Veneer
Foundation
Slab
Roof
Metal, Pitched
Builder Name
AMREP

Property Taxes

Tax Annual Amount
$4,214
Berkshire Hathaway NM Prop, (505) 798-6300

Market Report for 87124

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Southwest Multiple Listing Service, Inc. (SWMLS)
Southwest Multiple Listing Service, Inc. (SWMLS) 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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

johnmax • anwar