Discover mid-century modern charm in this fully furnished, single level, 3-bed, 1.5-bath home on coveted Lower Terrace Dr. in Ruidoso, NM. Situated on a terraced level grass lot, with large Ponderosa Pine Trees, this gem offers central heat/A/C, metal powder-coated roof, new gutters (Sept 2024), and major upgrades in 2023 including high-grade vinyl flooring, toilets, sinks, bathroom vent, water heater, and fresh paint throughout. Enjoy the fully fenced backyard and new storage shed purchased in Nov 2024 with an unbeatable location, PRICED TO SELL--just a 45-second drive to Midtown. NO HOA OR DUES and right next to Cree Meadows! Ideal as a nightly rental or full-time home, this move-in ready retreat blends style, comfort, and convenience in one of Ruidoso's best neighborhoods! Owner Broker
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135 Lower Terrace Dr, Ruidoso, NM 88345
3beds
1,452sqft
Single Family Residence
Built in 1961
0.33 Acres Lot
$331,200 Zestimate®
$--/sqft
$2,065 Estimated rent
Home value
$331,200
Estimated sales range
Not available
$2,065/mo
Zestimate® history
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List your homeWhat's special
Large ponderosa pine treesMetal powder-coated roofNew guttersHigh-grade vinyl flooringFully fenced backyardBathroom ventWater heater
Zillow last checked:
Listing updated:
Listed by:
Patrick Valliant 575-213-5669,
Better Homes & Gardens Real Estate - Steinborn & Associates
Bought with:
Patrick Valliant, REC-2023-0929
Better Homes & Gardens Real Estate - Steinborn & Associates
Source: RLCMLS,MLS#: 132596
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Originating MLS: Ruidoso Lincoln County Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
Features
- Ceiling Fan(s), See Remarks, Storage
- Flooring: Carpet, Laminate, Tile
- Number of fireplaces: 1
- Fireplace features: Gas
- Furnished: Yes
Interior area
- Total interior livable area: 1,452 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Terrace
- Exterior features: Rain Gutters
- Fencing: Back Yard
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.33 Acres
- Features: Near Golf Course, Level, Wooded
Details
- Additional structures: Shed(s)
- Parcel number: 4072064018404000000
- Zoning: R1
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain,See Remarks
- Property subtype: Single Family Residence
Materials
- Block, Wood Siding
- Roof: Metal,See Remarks
Condition
- Updated/Remodeled
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Ruidoso
- Subdivision: Hamilton Terace
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Sold | -- |
Source:  RLCMLS #132596 Report a problem | ||
| 6/4/2025 | Price change | $349,000-2.8%$240/sqft |
Source: RLCMLS #132596 Report a problem | ||
| 5/21/2025 | Listed for sale | $359,000+89.4%$247/sqft |
Source: RLCMLS #132596 Report a problem | ||
| 5/4/2022 | Sold | -- |
Source: RLCMLS #17620001_128061 Report a problem | ||
| 9/3/2020 | Sold | -- |
Source: RLCMLS #124671 Report a problem | ||
| 8/20/2020 | Listed for sale | $189,500$131/sqft |
Source: Southern New Mexico Realty #124671 Report a problem | ||
| 7/10/2020 | Listing removed | $189,500$131/sqft |
Source: Southern New Mexico Realty #124671 Report a problem | ||
| 7/7/2020 | Price change | $189,500-5%$131/sqft |
Source: Southern New Mexico Realty #124671 Report a problem | ||
| 4/10/2020 | Listed for sale | $199,500$137/sqft |
Source: Southern New Mexico Realty #124671 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,170 +1.5% | $105,448 |
| 2023 | $3,123 +67.1% | $105,448 +81.8% |
| 2022 | $1,869 +7.1% | $58,015 |
| 2021 | $1,745 +41.1% | $58,015 |
| 2020 | $1,237 +6.9% | $58,015 +45.2% |
| 2019 | $1,158 +3.6% | $39,949 +3% |
| 2018 | $1,117 +3.9% | $38,785 +3% |
| 2017 | $1,075 | $37,652 +3% |
| 2015 | $1,075 +2.8% | $36,559 |
| 2014 | $1,046 | $36,559 |
Find assessor info on the county website
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 6/10White Mountain Elementary SchoolGrades: 3-5Distance: 1.7 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 1.7 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$331,200
2% more
+$6,624
With Zillow Showcase(estimated)
$337,824
- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 135 Lower Terrace Dr
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