Charming single story, 2 bedroom, 2 bathroom end unit condominium offering easy, low maintenance living in a convenient in-town location. This fully furnished unit is move in ready, making it perfect for a full time residence, vacation getaway, or investment opportunity. Enjoy year round comfort with central air and heat, and relax by the cozy wood burning fireplace with gas starter on cooler evenings. Ideally situated just minutes from shopping, dining, and local amenities, this property combines comfort, convenience, and value.
For sale
Price cut: $10K (8/12)
$204,900
120 Lower Terrace Dr Unit 8, Ruidoso, NM 88345
2beds
1,080sqft
:
Get pre-qualified$1,516/mo
Condominium
Built in 1979
-- sqft lot
$197,900 Zestimate®
$190/sqft
$233/mo HOA
What's special
Fully furnished unitSingle storyCentral air and heat
- 135 days |
- 86 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Curtis Hunt 806-946-7589,
Zia Real Estate 575-258-8656
Source: RLCMLS,MLS#: 133843
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Originating MLS: Ruidoso Lincoln County Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Fireplace(s), Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Washer/Dryer Stacked, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Stacked
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile
- Number of fireplaces: 1
- Fireplace features: Gas Starter, Wood Burning
- Furnished: Yes
Interior area
- Total interior livable area: 1,080 sqft
Property
Parking
- Parking features: On Site, Paved
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Covered, Deck, Front Porch
- Exterior features: Rain Gutters
- Has view: Yes
- View description: Golf Course
Lot
- Features: On Golf Course, Views
Details
- Zoning: R3
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Mountain
- Property subtype: Condominium
Materials
- Masonite
- Roof: Metal
Condition
- Other
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Fairway Meadows Cond
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
- HOA fee: $700 quarterly
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $190/sqft
- Annual tax amount: $1,511
- Date on market: 3/30/2026
- Cumulative days on market: 136 days
- Listing terms: Cash,Conventional,1031 Exchange,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$197,900
$188,000 - $208,000
$1,527/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $204,900-4.7%$190/sqft |
Source:  RLCMLS #133843 Report a problem | ||
| 5/8/2026 | Price change | $214,900-2.3%$199/sqft |
Source: RLCMLS #133843 Report a problem | ||
| 4/14/2026 | Price change | $219,900-2.3%$204/sqft |
Source: RLCMLS #133843 Report a problem | ||
| 3/30/2026 | Listed for sale | $225,000$208/sqft |
Source: RLCMLS #133843 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 6/10White Mountain Elementary SchoolGrades: 3-5Distance: 1.9 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 1.8 mi
- $--2 bd2 ba1k sqft120 Lower Terrace Dr UNIT 7, Ruidoso, NM 88345Sold
- $154,9002 bd2 ba1k sqft120 Lower Terrace Dr, Ruidoso, NM 88345Off Market
- $182,9002 bd2 ba1k sqft120 Lower Terrace Dr, Ruidoso, NM 88345Off Market
- $149,6002 bd2 ba1k sqft120 Lower Terrace Dr, Ruidoso, NM 88345Off Market
- $170,700-- bd-- ba-- sqft120 Lower Terrace Dr, Ruidoso, NM 88345Off Market
- $177,800-- bd-- ba-- sqft120 Lower Terrace Dr, Ruidoso, NM 88345Off Market
- $148,100-- bd-- ba-- sqft120 Lower Terrace Dr, Ruidoso, NM 88345Off Market
- $195,600-- bd-- ba-- sqft120 Lower Terrace Dr, Ruidoso, NM 88345Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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