Great house and guest house in the back that can be used as rental income or for guests. Located in town close to everything but also has a peaceful backyard full of wildlife. Sits at the top so there is no danger of flooding.
For sale by owner
$582,900
115 Reese Dr, Ruidoso, NM 88345
5beds
3,500sqft
MultiFamily
Built in 1987
-- sqft lot
$-- Zestimate®
$167/sqft
$-- HOA
What's special
Sits at the top
- 6 days |
- 225 |
- 6 |
Listed by:
Property Owner (575) 937-5489
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced air, Gas, Wood / Pellet
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,500 sqft
Property
Parking
- Total spaces: 10
- Parking features: Off-street, Garage
Features
- Exterior features: Wood products
Lot
- Size: 24,175 Acres
Details
- Parcel number: 4074065086364000000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- New construction: No
- Year built: 1987
Community & HOA
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $349,140
- Annual tax amount: $3,409
- Date on market: 6/15/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,659/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $582,900+1.2%$167/sqft |
Source: Owner Report a problem | ||
| 1/7/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/9/2025 | Listed for sale | $575,800-2.4%$165/sqft |
Source: Owner Report a problem | ||
| 7/20/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/21/2025 | Price change | $589,995-13.2%$169/sqft |
Source: Owner Report a problem | ||
| 4/19/2025 | Listed for sale | $680,000$194/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,409 -1.1% | $116,380 |
| 2023 | $3,447 +3.6% | $116,380 +5.7% |
| 2022 | $3,329 +22.3% | $110,132 +19.1% |
| 2021 | $2,722 +2.1% | $92,489 +3% |
| 2020 | $2,665 +6.9% | $89,795 +2% |
| 2019 | $2,493 +3.7% | $88,034 +3% |
| 2018 | $2,404 +4% | $85,470 +3% |
| 2017 | $2,312 | $82,971 +5.7% |
| 2015 | $2,312 +5.6% | $78,518 |
| 2014 | $2,190 | $78,518 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 5/10Sierra Vista Primary SchoolGrades: PK-2Distance: 1.5 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 115 Reese Dr
Nearby cities
Nearby zip codes
Other Ruidoso Topics
