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For sale
  • Price cut: $30K (7/27)
    $599,000

    108 Horton Cir, Ruidoso, NM 88345

    6beds
    4baths
    3,300sqft
    : 
    $3,639/mo
    Get pre-qualified
    Single Family Residence
    Built in 1960
    0.52 Acres Lot
    $583,500 Zestimate®
    $182/sqft
    $-- HOA

    What's special

    C-1 Zoned Residential/Commercial Income or Multifamily Property. Rare opportunity to own a turnkey residential/commercial property just off of Sudderth Drive. This property offers flexibility for investment, multifamily living, or home based business use. All on just over 1/2 acre. Total Living Space: 3,300 Sq. Ft. 6 Bedrooms, 4 Bathrooms Property includes: - 2,175 Sq. Ft. Primary Residence: 3 bedroom, 2 bath with solar panels that significantly reduce electricity expense. - 750 Sq. Ft. Attached Unit - 2 bedroom, 1 bath. Great mother-in-law quarters or rental unit. Used as short term rental since 2020. - 400 Sq. Ft. Detached Studio Cabin. Kitchenette, Queen Bed, 3/4 Bath, Mini-Split. Used as short term rental since 2019. - 288 Sq. Ft. Detached Cabin. Pet bathing station, storage, and mini split (ideal for pet grooming business or private use). The two rental units have been successfully operated as AirBnb/VRBO properties for 7 years with a track record of over $22,000 annual revenue. Both are being sold fully furnished, including appliances, TV's, beds, mattresses, linens, and current decor. Turnkey and ready to generate income day one. Additional Features; - Separate rear lot , with access from Walnut Drive. Lot has space for a mobile home , with utilities within access to the lot. - All properties are on water filter and softener. - Three sided wood burning fire place in primary residence. - Fenced garden in the from of property. - Parking for 6-7 automobiles. - Fires and Floods have not impacted this property. - Residential and commercial flexibility. Live in primary residence and rent the others, or operate as a full investment property.
    29 days
    |
    168
    |
    4
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Minerick 888-400-2513,

    Homecoin.Com 888-400-2513

    Source: New Mexico MLS,MLS#: 20263828MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Electric, Forced Air, Heat Pump, Natural Gas
      Features
      • Ceiling Fan(s), Pantry, Walk-In Closet(s)
      • Flooring: Laminate, Tile, Wood
      • Has fireplace: No
      Interior area
      • Total structure area: 3,300
      • Total interior livable area: 3,300 sqft

      Property

      Parking
      • Total spaces: 6
      • Uncovered spaces: 6
      Features
      • Stories: 1
      • Exterior features: Sidewalk
      • Fencing: Back Yard,Cross Fenced,Fence
      Lot
      • Size: 0.52 Acres
      • Topography: Back Yard, Cross Fenced, Fence, Landscaped
      Details
      • Parcel number: 4074065318365
      • Zoning description: C-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Siding
      • Roof: Pitched
      Condition
      • Year built: 1960

      Utilities & green energy

      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, TV-Cable
      Green energy
      • Energy generation: Solar

      Community & HOA

      Community
      • Security: Fire Alarm, Smoke Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $182/sqft
      • Tax assessed value: $283,791
      • Annual tax amount: $2,862
      • Date on market: 6/27/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Inclusions: Built-In Range, Cooktop, Disposal, Microwave, Refrigerator, RO System, Tankless Water Heater, Water Softener
      • Acres allowed for irrigation: 0
      • Electric utility on property: Yes

        Estimated market value

        $583,500

        $554,000 - $613,000

        $1,611/mo

        Price history

        DateEventPrice
        7/27/2026Price change$599,000-4.8%$182/sqft
        Source: New Mexico MLS #20263828 Report a problem
        6/29/2026Price change$629,000-3.1%$191/sqft
        Source: New Mexico MLS #20263828 Report a problem
        4/9/2026Listed for sale$649,000+8.3%$197/sqft
        Source: Owner Report a problem
        9/2/2025Listing removed$599,000$182/sqft
        Source: RLCMLS #131635 Report a problem
        8/25/2025Listed for sale$599,000$182/sqft
        Source: RLCMLS #131635 Report a problem
        8/16/2025Listing removed$599,000$182/sqft
        Source: RLCMLS #131635 Report a problem
        7/19/2025Price change$599,000-4.8%$182/sqft
        Source: RLCMLS #131635 Report a problem
        5/29/2025Price change$629,500-3.1%$191/sqft
        Source: RLCMLS #131635 Report a problem
        9/23/2024Listed for sale$649,500+160.3%$197/sqft
        Source: RLCMLS #131635 Report a problem
        2/23/2018Sold--
        Source: Agent Provided Report a problem
        10/9/2017Pending sale$249,500$76/sqft
        Source: Coldwell Banker SDC #120645 Report a problem
        9/12/2017Listed for sale$249,500$76/sqft
        Source: Coldwell Banker SDC #120645 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,862 +6.4%$94,597 +3%
        2024$2,691 -3.2%$91,842 +3%
        2023$2,780 -0.4%$89,167 +3%
        2022$2,790 +7.1%$86,570
        2021$2,604 -0.9%$86,570
        2020$2,628 +4.8%$86,570
        2019$2,508 +13.8%$86,570 +13.2%
        2018$2,203 +53.1%$76,504 +51.8%
        2017$1,439 $50,401 -20%
        2015$1,439 -15%$62,980 +3%
        2014$1,692 +22.9%$61,145 +12.6%
        2010$1,377 $54,322
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 88345

        Getting around

        42 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: None/Other
        • Middle: None/Other
        • High: None/Other

        Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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