
Residential Land for Sale in Rio Rancho, New Mexico
408 Rainbow Blvd SE, Rio Rancho, NM 87124
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.
Location
- Street address
- 408 Rainbow Blvd SE
- County
- Sandoval County
- Community
- Rio Rancho Estates
- Elevation
- 5,674 feet
Directions
From Southern and Unser go West on Southern to Rainbow turn Right towards Inca and Rainbow. Lots on the right of Rainbow
Property details
- Lot size
- 0.5 acres21,780 sq ft
- Zoning
- R-1
- MLS #
- SWMLS 1103863
- Posted
Property taxes
- Recent
- $258
Parcels
- 1009069240151
Nearby schools
| Name | Type |
|---|---|
| Rio Rancho | Elementary |
| Rio Rancho Mid High | Middle |
| Rio Rancho | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 19, 2026 | New listing | $70,000 | — | SWMLS |
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