For sale

$589,000

122 Wood Ln, Ruidoso Downs, NM 88346

3beds

2,991sqft

$3,534/mo

Get pre-qualified

Single Family Residence

Built in 2010

475 Acres Lot

$574,500 Zestimate^®

$197/sqft

$-- HOA

What's special

Bonus roomHorse friendlyRv hookupsAmple parkingGranite countertopsExpansive deckCherry cabinetry

Tucked away in a quiet neighborhood near the edge of Lincoln National Forest, this furnished mountain retreat offers the perfect blend of privacy, recreation, and incredible scenery. Set on nearly 5 acres, enjoy sweeping views of the forested valley and surrounding mountains from the expansive deck. Inside, you'll find cherry cabinetry, granite countertops, stainless appliances, a loft, bonus room, and an open living area designed for gathering. The massive heated 4-car garage features its own bathroom and offers endless possibilities as a game room, workshop, hobby space, or guest entertainment area. Horse friendly with RV hookups and ample parking, this property is ideal as a full-time home, vacation getaway, or investment opportunity. Buyers receive a complimentary Home Warranty.

16 days

593

37

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Central, Forced Air

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Gas Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer

Features

Eat-in Kitchen, High Speed Internet
Flooring: Wood
Has fireplace: Yes
Fireplace features: Gas
Furnished: Yes

Interior area

Total interior livable area: 2,991 sqft

Video & virtual tour

Property

Parking

Total spaces: 4
Parking features: Attached, Garage
Attached garage spaces: 4

Accessibility

Accessibility features: Accessible Approach with Ramp

Features

Levels: Three Or More
Stories: 3
Patio & porch: Rear Porch, Deck, Front Porch, Balcony
Exterior features: Balcony, Lighting, Rain Gutters, RV Hookup
Fencing: Partial
Has view: Yes
View description: Mountain(s), Panoramic, Trees/Woods

Lot

Size: 475 Acres
Features: Rectangular Lot, Views

Details

Parcel number: 4075065367431000000
Zoning: Rural
Special conditions: Standard
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Cabin,Contemporary,Mountain
Property subtype: Single Family Residence

Materials

Other
Roof: Metal,Pitched

Condition

Updated/Remodeled
Year built: 2010

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

Community & HOA

Community

Subdivision: Metes & Bounds

Location

Region: Ruidoso Downs

Financial & listing details

Price per square foot: $197/sqft
Tax assessed value: $429,264
Annual tax amount: $6,177
Date on market: 8/4/2026
Cumulative days on market: 158 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Electric utility on property: Yes
Road surface type: Asphalt, Paved

Estimated market value

$574,500

$546,000 - $603,000

$2,824/mo

Price history

Date	Event	Price
8/4/2026	Listed for sale	$589,000-8%$197/sqft
Source: RLCMLS #134488 Report a problem
7/1/2026	Listing removed	$640,000$214/sqft
Source: RLCMLS #133599 Report a problem
4/9/2026	Price change	$640,000-1.5%$214/sqft
Source: RLCMLS #133599 Report a problem
2/9/2026	Listed for sale	$650,000+41.6%$217/sqft
Source: RLCMLS #133599 Report a problem
11/8/2021	Sold	--
Source: RLCMLS #17620001_126338 Report a problem
11/2/2021	Listed for sale	$459,000$153/sqft
Source: RLCMLS #126338 Report a problem
9/11/2021	Pending sale	$459,000$153/sqft
Source: RLCMLS #126338 Report a problem
9/7/2021	Listing removed	--
Source: RLCMLS Report a problem
8/25/2021	Listed for sale	$459,000$153/sqft
Source: RLCMLS #126338 Report a problem
8/25/2021	Contingent	$459,000$153/sqft
Source: RLCMLS #126338 Report a problem
7/23/2021	Pending sale	$459,000$153/sqft
Source: RLCMLS #126338 Report a problem
6/28/2021	Price change	$459,000-4.2%$153/sqft
Source: RLCMLS #126338 Report a problem
5/10/2021	Price change	$479,000-2.2%$160/sqft
Source: RLCMLS #126338 Report a problem
4/15/2021	Listed for sale	$490,000+14.2%$164/sqft
Source: RLCMLS #126338 Report a problem
12/29/2018	Listing removed	$429,000$143/sqft
Source: Destiny Real Estate #121933 Report a problem
6/6/2018	Listed for sale	$429,000$143/sqft
Source: Pinnacle Real Estate & Dev #120454 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,502 +0.9%	$143,088 +0.4%
2024	$4,461 +0.5%	$142,477 +0.4%
2023	$4,438 +4.1%	$141,884 +0.4%
2022	$4,264 +74.6%	$141,308 +67.9%
2021	$2,442 -6.4%	$84,181 +0.4%
2020	$2,609 +5.6%	$83,871 +0.2%
2019	$2,470 +1.2%	$83,668 +0.4%
2018	$2,441 +1.3%	$83,373 +0.4%
2017	$2,410	$83,078 +1.4%
2015	$2,410 +6.8%	$81,894 +3%
2014	$2,255	$79,509