Charming rustic 2-bedroom, 1-bath cabin ideally located just minutes from midtown Ruidoso, offering easy access to shopping, dining, and local attractions. Enjoy peaceful mountain living while watching wildlife from the spacious rear deck or covered patio.This C-1 zoned property offers endless possibilities--perfect as a personal getaway, rental investment, or potential commercial use. Additional storage is available in the rear, and a brand-new roof (2026) adds value and peace of mind.The convenient circle drive provides ample parking for multiple vehicles. Don't miss this unique opportunity to own a versatile cabin in a prime location!
Pending
Price cut: $10K (7/20)
$215,000
102 Lower Terrace Dr, Ruidoso, NM 88345
2beds
698sqft
:
Get pre-qualified$1,334/mo
Single Family Residence
Built in 1950
0.33 Acres Lot
$-- Zestimate®
$308/sqft
$-- HOA
What's special
Convenient circle driveBrand-new roofCovered patioSpacious rear deck
- 133 days |
- 435 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Chad Casson 575-937-0323,
NM Ranch & Luxury, LLC 575-808-0144
Source: RLCMLS,MLS#: 133836
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Originating MLS: Ruidoso Lincoln County Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s), None
Appliances
- Included: Dryer, Gas Oven, Microwave, Refrigerator, Range Hood, Washer
Features
- See Remarks
- Flooring: Laminate, Tile, Wood
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Furnished: Yes
Interior area
- Total interior livable area: 698 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, Gravel
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Storage
- Fencing: None
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
Lot
- Size: 0.33 Acres
- Features: Wooded
Details
- Additional structures: Shed(s)
- Parcel number: 4071064444503000000
- Zoning: C1
- Special conditions: Standard
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Shingle
Condition
- Other
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Other
- Subdivision: Hamilton Terace
HOA
- Amenities included: None
- Services included: None
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $73,623
- Annual tax amount: $741
- Date on market: 3/27/2026
- Cumulative days on market: 135 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2026 | Pending sale | $215,000$308/sqft |
Source:  RLCMLS #133836 Report a problem | ||
| 7/20/2026 | Price change | $215,000-4.4%$308/sqft |
Source: RLCMLS #133836 Report a problem | ||
| 5/23/2026 | Listed for sale | $225,000$322/sqft |
Source: RLCMLS #133836 Report a problem | ||
| 5/23/2026 | Pending sale | $225,000$322/sqft |
Source: REALSTACK #133836 Report a problem | ||
| 5/23/2026 | Contingent | $225,000$322/sqft |
Source: RLCMLS #133836 Report a problem | ||
| 5/15/2026 | Price change | $225,000-6.3%$322/sqft |
Source: RLCMLS #133836 Report a problem | ||
| 4/15/2026 | Price change | $240,000-5.5%$344/sqft |
Source: RLCMLS #133836 Report a problem | ||
| 3/28/2026 | Listed for sale | $254,000$364/sqft |
Source: RLCMLS #133836 Report a problem | ||
| 9/8/2016 | Sold | -- |
Source: RLCMLS #118500 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $741 +0.4% | $24,541 |
| 2024 | $738 +1.5% | $24,541 |
| 2023 | $727 -2% | $24,541 |
| 2022 | $742 +0.5% | $24,541 |
| 2021 | $738 -0.9% | $24,541 |
| 2020 | $745 +4.8% | $24,541 |
| 2019 | $711 +0.6% | $24,541 |
| 2018 | $707 +0.9% | $24,541 +0% |
| 2017 | $701 | $24,538 +13.4% |
| 2015 | $701 +16.5% | $21,641 +3% |
| 2014 | $601 | $21,011 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 6/10White Mountain Elementary SchoolGrades: 3-5Distance: 1.9 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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