308 Prestige Way Ne, Rio Rancho, NM

$400,000

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3

Beds

2

Baths

1,697

Square feet

0.40

Acres

About 308 Prestige Way Ne

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.

Features of 308 Prestige Way Ne

MLS® # 1105857
Price $400,000
Original Price $407,000
Price Per Sq.Ft. $235.71
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,697
Acres 0.40
Year Built 1993
Type Residential
Sub-Type Detached
Style Ranch
Status Pending
Is Green No
Guest House No

Community Information

Address 308 Prestige Way Ne
Area 150 - Rio Rancho MiD
Subdivision Rolling Hills Replat 1
City Rio Rancho
County Sandoval
State NM
Zip Code 87124

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking Electricity, Oversized, Workshop in Garage, RV Access/Parking
# of Garages 4
Garages Garage Door Opener
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Laminate, Tile
Interior Features Breakfast Area, Bathtub, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, Main Level Primary, Pantry, Skylights, Soaking Tub
Appliances Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Heating Central, Forced Air, Natural Gas
Cooling Refrigerated
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Private Yard, RV Hookup
Windows Thermal Windows, Skylight(s)
Roof Metal, Pitched
Construction Board & Batten Siding, Brick Veneer, Frame
Foundation Slab
Builder AMREP

School Information

Elementary Maggie Cordova
Middle Lincoln
High Rio Rancho

Additional Information

Date Listed June 19th, 2026
Days on Market 14
RE / Bank Owned No
Finance Considered Cash, Conventional, FHA, VA Loan
Current Taxes $4,214

Listing Details

OfficeBerkshire Hathaway NM Prop

Listing Map

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