ACRE LOT WITH CITY WATER! ASKING $53,000. Level lot located less than 1,000 feet off paved road (Rainbow Blvd) with city water stub by the northeast corner of the lot (by the fire hydrant). There is an electric pole just across the road also. Nice views of the Sandia Mountains to the east. There are homes across the street, but there are few neighbors nearby. Zoning is R-1 (Single Family Residential). According to the City, the Impact Fees (including water) add up to $8,719, when you are ready to build. Water meter should cost about $950. No sewer in this area, so you'll need to install a septic system. A manufactured home on a permanent foundation is allowed; consult the City of Rio Rancho Zoning to verify and for more details and requirements (and fees).