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For sale
    • Price cut: $10K (7/13)
    $275,000

    123 Meander Dr, Ruidoso, NM 88345

    2beds
    1,056sqft
    : 
    $1,688/mo
    Get pre-qualified
    Single Family Residence
    Built in 1974
    0.68 Acres Lot
    $-- Zestimate®
    $260/sqft
    $-- HOA

    What's special

    Covered parkingDedicated storage room
    Perched high on the side of Moon Mountain, this charming and well-maintained 2BR/2BA home offers a welcoming mountain setting for year-round living or weekend escapes. Set on nearly 3/4 of an acre among the pines, the property feels private and peaceful while remaining just minutes from the heart of Ruidoso. Southern exposure fills the home with natural light throughout the day. A flexible bonus room provides space for a home office, guests, or hobbies. Enjoy mountain living from the covered upper deck overlooking the pines. The lower level offers space for entertaining or covered parking, plus a dedicated storage room. Nearby hiking and biking trails, along with frequent sightings of elk, deer, and wild horses, complete this inviting mountain retreat.
    52 days
    |
    661
    |
    44
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Misty K. Strickland 575-808-7018,

    REAL Broker 505-557-4976

    Source: RLCMLS,MLS#: 134253MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bonus Room, Living Room
      Heating
      • Central, Forced Air, Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Gas Range, Refrigerator
      Features
      • Ceiling Fan(s), Storage
      • Flooring: Carpet, Tile
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total interior livable area: 1,056 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport, Driveway, Gravel
      • Carport spaces: 1
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Patio
      • Exterior features: Dog Run, Rain Gutters
      • Fencing: Chain Link,Fenced,Front Yard
      • Has view: Yes
      • View description: Trees/Woods
      • Waterfront features: None
      Lot
      • Size: 0.68 Acres
      • Features: Sloped Up
      Details
      • Additional structures: None
      • Parcel number: 4073065379282000000
      • Zoning: R1
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Roof: Metal,Pitched
      Condition
      • Updated/Remodeled,See Remarks
      • Year built: 1974

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Palmer Gateway
      HOA
      • Amenities included: None
      • Services included: None
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $260/sqft
      • Tax assessed value: $148,503
      • Annual tax amount: $1,494
      • Date on market: 6/12/2026
      • Cumulative days on market: 54 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/13/2026Price change$275,000-3.5%$260/sqft
        Source: RLCMLS #134253 Report a problem
        6/13/2026Listed for sale$285,000$270/sqft
        Source: RLCMLS #134253 Report a problem
        7/24/2025Listing removed$285,000$270/sqft
        Source: RLCMLS #132439 Report a problem
        5/17/2025Price change$285,000-4.8%$270/sqft
        Source: RLCMLS #132439 Report a problem
        4/24/2025Listed for sale$299,500-1.8%$284/sqft
        Source: RLCMLS #132439 Report a problem
        3/29/2025Listing removed$305,000$289/sqft
        Source: RLCMLS #131210 Report a problem
        11/3/2024Price change$305,000-3.2%$289/sqft
        Source: RLCMLS #131210 Report a problem
        9/25/2024Listed for sale$315,000$298/sqft
        Source: RLCMLS #131210 Report a problem
        8/16/2024Listing removed--
        Source: RLCMLS #131210 Report a problem
        6/28/2024Listed for sale$315,000-3.1%$298/sqft
        Source: RLCMLS #131210 Report a problem
        6/13/2024Listing removed--
        Source: RLCMLS #131060 Report a problem
        5/22/2024Listed for sale$325,000$308/sqft
        Source: RLCMLS #131060 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,495 +3.4%$49,501 +3%
        2024$1,445 +4.5%$48,060 +3%
        2023$1,382 +0.9%$46,660 +3%
        2022$1,369 +0.5%$45,300
        2021$1,363 -0.9%$45,300
        2020$1,375 +4.8%$45,300
        2019$1,313 +36%$45,300 +35.2%
        2018$965 +3.9%$33,503 +3%
        2017$929 $32,524 +3%
        2015$929 +5.9%$31,580 +3%
        2014$877 $30,660
        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

        20 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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