1 month on rocket

Rainbow Valley Rd, Placitas, NM, 87043

$200,000

5.00 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #1072354
Lot Size5.00 Acres
StatusActive

About Rainbow Valley Rd

This is the perfect property to build your Dream Home. This beautiful 5 acre property has amazing mountain views. Tucked away in the mountains, but only 5 mins to the grocery store.Make sure to check it out today!!

Property Details

Property Features

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 883-9400
  • Listing Agent: Joseph La Mendola

Lot Features

Lot Information:

  • Lot: Views, Gentle Sloping
  • Lot Size: 5.00 Acres

Other

Directions Information:

  • Directions: From I-25/550 exit go East on 165 4.3+- miles to Rainbow Valley Rd. then turn (right) south. Property is on the (left) east side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000
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Housing Market Comparison

See how this home compares to others in Placitas, NM.

Med. Sold Price

$642.5K

Med. Price/SqFt

$267

Avg. Days On Market

39

# of Sold Homes

11

Rainbow Valley Rd vs Placitas

40 DAYS ON ROCKET

+1 Day

$200,000

-$442.5K Less

KEY TAKEAWAY

This property is $442.5K less than the Median Sold Price in Placitas, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1072354

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 883-9400
  • Listing Agent: Joseph La Mendola

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 9:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-239452
9
/10
  • Placitas Elementary School

  • 5 Calle Del Carbon

  • 2.12 miles

  • Public District Grades PK-5

school-card-donut-239453
3
/10
  • Bernalillo Elementary School

  • 301 Calle Del Carbon

  • 5.35 miles

  • Public District Grades 3-5

school-card-donut-239454
3
/10
  • Algodones Elementary School

  • 1300 Highway 313

  • 5.60 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,453. Most Placitas, NM residents have annual incomes less than $35k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Placitas, NM

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Placitas, NM?

The housing landscape in Placitas is characterized by a mix of architectural styles, with a notable presence of Southwestern adobe homes that reflect the region's cultural heritage. Single-family homes are prevalent, offering spacious living environments often accompanied by scenic views of the surrounding mountains and desert. The market also includes a selection of modern and ranch-style houses, with a focus on integrating indoor and outdoor living spaces. While the majority of residences are owner-occupied, there are opportunities for renting, catering to a range of lifestyle preferences.

Is Placitas, NM a good place to live?

Placitas maintains a serene and inviting atmosphere, with a strong sense of community that is celebrated through local art shows, farmers markets, and annual festivals. The area prides itself on its tranquil desert landscapes and the close-knit nature of its neighborhoods, which foster a peaceful living environment. Residents enjoy the blend of rural charm and cultural richness, with easy access to outdoor recreational activities such as hiking and horseback riding in the nearby Cibola National Forest and the Sandia Mountains.

Are things conveniently located in Placitas, NM?

Residents of Placitas have access to a variety of essential services within the community. The educational needs are served by a number of public and private schools in the vicinity, ensuring options for families with children. Healthcare is accessible through local clinics and nearby hospitals that provide a range of medical services. The community also benefits from a public library and a selection of retail and dining options that showcase local flavors and crafts. City initiatives are in place to continually enhance these services, adapting to the evolving needs of the population.

What does the transportation in Placitas, NM look like?

Transportation in Placitas includes a combination of private vehicle use and public transit options, with roads connecting to major highways for commuting to nearby cities such as Albuquerque. The area's public transportation system offers routes that facilitate access to employment centers and amenities, although schedules may vary. The community is also served by ride-sharing services, providing additional flexibility for residents. While some neighborhoods in Placitas are more walkable, the overall community is best navigated by car, especially given the spacious layout and rural setting.

Frequently Asked Questions About Rainbow Valley Rd

What is the listing price of this property?

The listing price of Rainbow Valley Rd property is $200,000.

What type of property is this?

The property Rainbow Valley Rd is land located in Placitas, New Mexico, 87043.

Is this property for sale now?

Active Listing: Rainbow Valley Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property Rainbow Valley Rd is 5.00 acres.
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Rocket HomesNew MexicoSandoval CountyPlacitas87043Rainbow Valley Rd

This home is located at Rainbow Valley Rd in Placitas, NM and zip code 87043. This home sits on a 5.00 acre lot. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $200,000.

In October 2024 more than 1 listings in Placitas, NM were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 5 were sold below. The inventory of homes for sale in Placitas, NM between September 2024 and October 2024 decreased by 1.9%. In October 2024 median list price was $642,500 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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