NEW LOWER PRICE! Modern Mountain Retreat in Capitan, NM, sits on one and a third acres and consists of four usable lots.Major remodeling has been done, starting with--all the electrical, sheetrock, flooring, fixtures, decking, septic system, and roofing. All brand new appliances, range, refrigerator, washer/dryer, and water heater.Furnished as viewed.The open floor plan features a large, inviting wood-burning fireplace. One bedroom, and one bonus room that can be used as a 2nd bedroom , office, dining, you name it!One and a third-acre usable hillside with panoramic views of Capitan Gap.A single detached garage is ideal for a workshop or storage.There are lots of possibilities here! Check this one out soon!
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112 Promise Ln, Capitan, NM 88316
1beds
728sqft
Single Family Residence
Built in 2023
1.3 Acres Lot
$166,600 Zestimate®
$--/sqft
$1,603 Estimated rent
Home value
$166,600
Estimated sales range
Not available
$1,603/mo
Zestimate® history
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List your homeWhat's special
Large inviting wood-burning fireplaceOne bedroomAll brand new appliancesOpen floor plan
Zillow last checked:
Listing updated:
Listed by:
Angie R Olivas 575-937-6828,
Cozy Cabins Real Estate DBA NM Homes & Land
Bought with:
Lily M Mendenall, 52407
Future Real Estate
Source: RLCMLS,MLS#: 130874
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Originating MLS: Ruidoso Lincoln County Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric, Fireplace(s), Other
Cooling
- Ceiling Fan(s), Electric, Wall Unit(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater, Refrigerator, Range Hood
- Laundry: Electric Dryer Hookup, Stacked
Features
- Ceiling Fan(s), Recessed Lighting, Storage
- Flooring: Vinyl
- Has fireplace: Yes
- Fireplace features: Blower Fan, Raised Hearth, Wood Burning
Interior area
- Total interior livable area: 728 sqft
Property
Parking
- Parking features: Detached
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch
- Exterior features: Storage
- Fencing: None
- Has view: Yes
- View description: Mountain(s), Panoramic, Trees/Woods
- Waterfront features: None
Lot
- Size: 1.30 Acres
- Features: Cleared, Sloped Down, Sloped Up, Views, Wooded
Details
- Additional structures: See Remarks
- Parcel number: 4076051301123000000
- Zoning: Other
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- Updated/Remodeled
- Year built: 2023
Utilities & green energy
- Sewer: Other, Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & neighborhood
Security
- Security features: Other
Location
- Region: Capitan
- Subdivision: Mt. Capitan SD Amended
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Owner Will Carry,VA Loan
- Road surface type: Other
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Sold | -- |
Source:  RLCMLS #130874 Report a problem | ||
| 2/14/2026 | Contingent | $175,000$240/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 1/21/2026 | Price change | $175,000-12.1%$240/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 10/16/2025 | Price change | $199,000+2.1%$273/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 10/14/2025 | Listed for sale | $195,000$268/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 10/2/2025 | Listing removed | $195,000$268/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 7/19/2025 | Price change | $195,000-2.5%$268/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 6/30/2025 | Price change | $200,000-2.4%$275/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 1/3/2025 | Listed for sale | $205,000-4.7%$282/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 9/15/2024 | Listing removed | $215,000-4.4%$295/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 6/5/2024 | Price change | $225,000-10%$309/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 4/27/2024 | Listed for sale | $250,000$343/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 12/31/2020 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $368 +23.9% | $19,146 +10.9% |
| 2023 | $297 +26.6% | $17,264 +30.2% |
| 2022 | $235 +436.2% | $13,262 +563.1% |
| 2021 | $44 -9.9% | $2,000 |
| 2020 | $49 -0.3% | $2,000 |
| 2019 | $49 -0.4% | $2,000 |
| 2018 | $49 +1.8% | $2,000 |
| 2017 | $48 | $2,000 |
| 2015 | $48 +3.9% | $2,000 |
| 2014 | $46 | $2,000 |
Find assessor info on the county website
Neighborhood: 88316
Nearby schools
GreatSchools rating
- 7/10Capitan Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10Capitan Middle SchoolGrades: 6-8Distance: 1.2 mi
- 9/10Capitan High SchoolGrades: 9-12Distance: 1.2 mi
- New Mexico
- Lincoln County
- Capitan
- 88316
- 112 Promise Ln
Nearby cities
Nearby zip codes
Other Capitan Topics
