$65,000

active

618 Rainbow Boulevard NE, Rio Rancho, NM 87124

48 days on market

Lot

21,780 sqft

Type

land

About This Property

Discover the potential of this exceptional half-acre lot, ideally situated in a rapidly growing and highly desirable area. Whether you're ready to build your dream home or invest in a promising piece of New Mexico land, this property offers the perfect opportunity.Enjoy the convenience of easy access from a paved road while being just minutes from shopping, dining, and entertainment. The surrounding area continues to develop, making this an excellent choice for both homeowners and investors alike.The seller also owns the adjacent lot at 612 Rainbow Blvd NE and is open to selling the properties individually or together--offering even greater flexibility and potential.Don't miss your chance to secure a beautiful slice of New Mexico with endless possibilities.

Features & Amenities

Cleared

Water: None

Sewer: None

Subdivision: Rio Rancho Estates

Property Details

MLS #	1102152
Property Type	land
Lot Size	21,780 sqft
Property Tax (est.)	$258/yr ($22/mo)
Status	Active
Days on Market	48

About Rio Rancho → Full Guide

Price vs. Neighborhood

This home

$65,000

Rio Rancho median

$345,000

81% below the Rio Rancho median. Homes here sell in an average of 31 days.

Commute Times

Unm

30 min

Downtown

25 min

Abq Studios

35 min

Sandia Labs

30 min

Kirtland Afb

35 min

Presbyterian

25 min

Intel Rio Rancho

10 min

Nearby Schools

Colinas del Norte Elementary

K-5 · RRPS

7/10

Cleveland High School

9-12 · RRPS

7/10

Lincoln Middle School

6-8 · RRPS

6/10

Rio Rancho High School

9-12 · RRPS

6/10

Neighborhood Guide

Explore Rio Rancho

Growing & Modern

Listing courtesy of Coldwell Banker Legacy. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.