$95,000

1215 Grace St NE Rio Rancho, NM 87144

Central Rio Rancho Neighborhood

Estimated payment $619/month

Total Views 442
0.16 Acre
$593,750 Price per Acre
6,970 Sq Ft Lot

About This Lot

Build your dream home in the desirable community of Milagro Mesa--one of only two remaining lots! This prime, blue-topped homesite is ready for construction, featuring perimeter walls and all utilities at the property line to streamline your build. Enjoy the benefits of a mature neighborhood with a well-maintained HOA and no PID. Conveniently located close to UNM Sandoval Regional Medical Center, Rust Medical Center, Rio Rancho High School, and shopping and dining along Unser and Southern. Whether you're a custom home builder or planning to build yourself, this lot offers an ideal combination of location, convenience, and readiness. Seize this rare opportunity before it's gone!

Listing Agent

Shanna Platow

Realty One of New Mexico, LLC License #44931 Listed on: 10/28/2025

Realty One of New Mexico, LLC

Property Details

Property Type

  • Land

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Zoning described as R-2

HOA Fees

  • $25 Monthly HOA Fees

Utilities

  • Phone Available

Community Details

  • Association fees include common areas
  • Milagro Mesa Subdivision Phase 2

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 1-012-071-334-169

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Directions: Northern to Broadmoor. North on Broadmoor to Cardiff. West on Cardiff to Grace. South on Grace, immediate right to property on right (next door to 1219 Grace St.).
  • Lot Size Acres: 0.16
  • Subdivision Name: Milagro Mesa Subdivision Phase 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)
  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 1-012-071-334-169
  • Zoning Description: R-2

Tax Info

  • Tax Annual Amount: 17.16
  • Tax Block: 1
  • Tax Lot: 2
  • Tax Tract: NA

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2025 10/28/25 For Sale $95,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1093660

Southwest MLS (Greater Albuquerque Association of REALTORS®)
New Mexico Sandoval County Rio Rancho 87144 Central Rio Rancho

1215 Grace St NE, Rio Rancho, NM

For Sale

Lots

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Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Shanna Platow
Listing Agent
Shanna Platow
Section Image
Realty One of New Mexico, LLC
(505) 805-2023