SOLD OCT 16, 2026

Closed on oct 2026

$175,000

Land

•

2.51

acres (lot)

20 Rainbow Rd, Peralta, NM 87042

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About this home

Hard-to-find 2.5-acre homesite in Peralta offering space, seclusion, and flexibility. Positioned at the end of a low-traffic road, this parcel provides a peaceful setting with room to build, garden, or keep animals. Includes ditch irrigation and plenty of usable land to bring your vision to life. Whether you're planning a custom home or looking for a rural escape, this property offers the freedom to create it your way.

Vacant landProperty Type

2.51 acresLot Size

$69,721Price/Acres

Listed by Price Group Realtors • Realty One of New Mexico

Bought with Liset Huynh • Coldwell Banker Legacy

Redfin checked: 2 minutes ago

•Source:Southwest MLS #1102903

Redfin Estimate

$176,715

$1,715 over list price of $175K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 61% lower than the average sale price ($453K) of 6 comparable homes.

SOLD OCT 29, 2026
$900,000
A
4 beds3 baths3,264 sq ft
500 Calle De Wences, Los Lunas, NM 87031
SOLD NOV 3, 2026
$498,000
B
3 beds2.5 baths2,240 sq ft
122 Valencia Rd, Peralta, NM 87042
SOLD OCT 7, 2026
$260,000
C
Land— sq ft
240 Sutton Ln, Bosque Farms, NM 87068
SOLD OCT 16, 2026
$429,000
D
4 beds3 baths2,862 sq ft
16 Bennett Rd, Los Lunas, NM 87031
SOLD SEP 29, 2026
$450,000
E
3 beds2 baths2,005 sq ft
96 D Molina Rd, Peralta, NM 87042
SOLD AUG 5, 2026
$180,000
F
Land— sq ft
12 Alderete Rd, Peralta, NM 87042

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Market trends in 87042, NM

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.9%

+4.9% MoM

Median sale price

$435K

$23K MoM

Avg. days on market

10d

217 days MoM

Recently sold homes

1 MoM

Provided by Redfin

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Sale and tax history for 20 Rainbow Rd

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Valencia County

APN

1011039248351

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 4, 2026.

R-R

Rural Residential Zone

The purpose of this zone district is to provide for the development of Rural Residential areas consisting of singular dwellings and certain other uses which are compatible to the rural character of this district. Residential density shall not exceed 1 du per minimum 2 acre lot, unless otherwise provided in this Ordinance.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Infrastructure
Recreation
Park & open space

Property details

Exterior

Land Information
Horses Allowed
Horse Amenities: Horses Allowed
Topography: Level
Current Use: Unimproved
Possible Use: Unimproved

Lot Information
Lot Size Acres: 2.51
Lot Dimensions Source: Public Records
Lot Size Source: Public Records
Lot Features: Acreage
Zoning Description: R-1

Financial

Tax Information
Annual Tax Amount: $2,593.20

Utilities

Utility Information
Utilities: Sewer Not Available, Water Not Available

Location

Multi Unit Information
# Of Lots: 1

Location Information
Distance To Electric Comments: 1/4 - 1/2 Mile
Distance To Gas Comments: None
Distance To Phone Service Comments: 1/4 - 1/2 Mile
Distance To Sewer Comments: None
Distance To Water Comments: None

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Valencia County
APN: 1011039248351

Home facts updated by county records on May 4, 2026

Around this home

Schools

Peralta Elementary School

Public PreK-6 • Assigned • 0.9mi

4/10

Valencia Middle School

Public 7-8 • Assigned • 6.3mi

5/10

Valencia High School

Public 9-12 • Assigned • 6.4mi

3/10

Provided by GreatSchools

Historical weather

Peralta, NM • 87042

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

100/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 1% for direct sun exposure in Peralta. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$168,000 – $204,000

Sell confidently with a local market expert in Peralta.

Nearby similar homes

NEW 5 HRS AGO

$336,180

3 beds2 baths1,337 sq ft

21 Calle Granada, Los Lunas, NM 87031

6,098 sq ft lot • 2 garage spots • Built 2026

$350,000

Land— sq ft

1320 Cinder Ln, Los Lunas, NM 87031

40x60 shop • 40x20 loft

NEW 14 HRS AGO3D WALKTHROUGH

$324,990

3 beds2 baths1,716 sq ft

5 El Nido Ct, Los Lunas, NM 87031

2 garage spots • Built 2026

Listing provided by Zillow

$45,000

Land— sq ft

+/- 10 Acres Los Lunas, Los Lunas, NM 87031

Square-shaped parcel

$349,900

Land— sq ft

1602 Juan Perea, Los Lunas, NM 87031

Usable land • Growing area • Adjoining property

NEW CONSTRUCTION

$353,120

3 beds2 baths1,649 sq ft

235 SW Embudo Ave, Los Lunas, NM 87031

Bosque floorplan • Open concept living • Defined entry

Listing provided by Zillow

Home values near 20 Rainbow Rd

Data from public records.

Address	Redfin Estimate
10 Rainbow Road, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	$334,328
22 Rainbow Road, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—
22 Rainbow Road, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—
7 Algodones Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	$284,765
58 Sunflower Lane, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—
10 Andrade Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	$133,801
56 Sunflower Lane, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	$462,253

Address	Redfin Estimate
4 Rainbow Road, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—
1 Rainbow Road, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—
10 Algodones Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—
12 Andrade Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	$322,332
6 Andrade Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	$340,427
8 Andrade Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—
4 Andrade Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—

Address	Redfin Estimate
12 Rainbow Road, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—
22 Rainbow Road, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	$242,085
9 Algodones Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	$235,778
8 Algodones Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	$253,069
5 Algodones Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—
28 Sunflower Lane, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	—
3 Algodones Court, Peralta, NM - Beds \| - Baths \| - Sq. Ft.	$257,707

Property information provided by Southwest MLS when last listed in 2026. This data may not match . Learn more.

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20 Rainbow Rd, Peralta, NM 87042

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About this home

Redfin Estimate

Market trends in 87042, NM

Homeowner tools

Sale and tax history for 20 Rainbow Rd

Public record

Property details

Exterior

Financial

Utilities

Location

Public facts

Around this home

Schools

Historical weather

Sun exposure

Nearby similar homes

Home values near 20 Rainbow Rd

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