For sale

$329,500

119 Reese Dr, Ruidoso, NM 88345

2beds

1,502sqft

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Single Family Residence

Built in 1974

8,712 Square Feet Lot

$310,800 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!

97 days

121

6

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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: $183,531
Annual tax amount: $3,316
Date on market: 3/7/2026
Cumulative days on market: 99 days
Listing terms: Cash,Conventional,1031 Exchange
Road surface type: Paved

Estimated market value

$310,800

$295,000 - $326,000

$1,983/mo

Price history

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

Public tax history

Year	Property taxes	Tax assessment
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

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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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