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For sale
    • $329,500

    119 Reese Dr, Ruidoso, NM 88345

    2beds
    1,502sqft
    : 
    $2,023/mo
    Get pre-qualified
    Single Family Residence
    Built in 1974
    8,712 Square Feet Lot
    $306,600 Zestimate®
    $219/sqft
    $-- HOA

    What's special

    Huge clean garageOversized storage shedSpacious homeTwo very large bathroomsExpansive wrap-around yard
    Nestled in the heart of Ruidoso, this well-maintained, spacious home offers a wonderful blend of comfort, space & everyday practicality. Bright, clean, generously proportioned rooms, two very large bathrooms & a bonus sun room in the front of the home create a calm & welcoming atmosphere. An oversized storage shed sits in the expansive, wrap-around yard that provides tons of versatility, with the ability to fence off up to 5 separate enclosures (great for dogs!). The huge, clean garage goes well beyond a place to park vehicles, with ample space to house a workshop, laundry room & additional storage. Centrally located with easy access to local businesses, dining, the hospital & more, this property delivers the best of mountain living without sacrificing convenience. A rare & versatile find!
    143 days
    |
    81
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Leroy Smith 575-973-2345,

    Fathom Realty NM 575-517-0316

    Source: RLCMLS,MLS#: 133734MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Laundry
      Heating
      • Central, Forced Air, Wood Stove
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Oven, Electric Range, Refrigerator, Range Hood, Water Heater
      Features
      • Ceiling Fan(s), Primary Downstairs, Storage, Main Level Primary
      • Has fireplace: Yes
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total interior livable area: 1,502 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Garage
      • Garage spaces: 2
      • Has carport: Yes
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Dog Run, Storage
      • Fencing: Back Yard,Full
      • Has view: Yes
      • View description: Other
      Lot
      • Size: 8,712 Square Feet
      • Features: Level
      Details
      • Additional structures: Storage
      • Parcel number: 4074065096367000000
      • Zoning: R1
      • Special conditions: Standard
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • Year built: 1974

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Palmer Gateway
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $219/sqft
      • Tax assessed value: $189,036
      • Annual tax amount: $3,316
      • Date on market: 3/7/2026
      • Cumulative days on market: 145 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Road surface type: Paved

        Estimated market value

        $306,600

        $291,000 - $322,000

        $2,354/mo

        Price history

        DateEventPrice
        3/7/2026Listed for sale$329,500$219/sqft
        Source: RLCMLS #133734 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,903 +3.4%$63,012 +3%
        2024$1,839 +4.5%$61,177 +3%
        2023$1,759 +0.9%$59,395 +3%
        2022$1,743 +3.5%$57,665 +3%
        2021$1,684 +2.1%$55,986 +3%
        2020$1,650 +6.9%$54,356 +2%
        2019$1,544 +3.6%$53,290 +3%
        2018$1,490 +3.9%$51,738 +3%
        2017$1,434 $50,226 0%
        2015$1,434 -0.2%$50,231
        2014$1,437 $50,231
        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.
        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

        38 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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