Sold

Price Unknown

137 Lower Terrace Dr, Ruidoso, NM 88345

2beds

1,221sqft

Single Family Residence

Built in 1960

0.33 Acres Lot

$270,000 Zestimate^®

$--/sqft

$1,894 Estimated rent

Home value

$270,000

Estimated sales range

Not available

$1,894/mo

Zestimate^® history

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What's special

Mid-century homeSingle carportModern updatesCoveted streetVintage characterSpacious layoutCovered porch

Nestled on Lower Terrace, one of Ruidoso's most coveted streets, this charming 2-bedroom, 1-bathroom, 1221+- sq ft mid-century home offers the perfect blend of vintage character and modern updates. Want to live next to Cree Meadows Golf Course but not have to pay dues? Then this is it! Situated on a single level/centrally located terraced grass lot, with old growth Blue Spruce Trees, and single carport, this home provides both privacy and tranquility. The recently renovated bathroom (2024) enhances the home's appeal, while the spacious layout ensures comfort and functionality with that old timey feel. Whether you're relaxing on the covered porch or exploring the serene neighborhood, this property is an exceptional retreat in the heart of Ruidoso. Don't miss this rare opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Central, Fireplace(s), Natural Gas

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dryer, Electric Range, Refrigerator, Washer

Features

Flooring: Carpet, Tile
Has fireplace: Yes
Fireplace features: Wood Burning
Furnished: Yes

Interior area

Total interior livable area: 1,221 sqft

Property

Parking

Total spaces: 1
Parking features: Attached Carport
Carport spaces: 1

Features

Levels: One
Stories: 1
Patio & porch: Covered, Front Porch
Exterior features: Rain Gutters
Has view: Yes
View description: Golf Course, Trees/Woods

Lot

Size: 0.33 Acres
Features: Near Golf Course, Level, Wooded

Details

Parcel number: 4072064023396000000
Zoning: R1
Other equipment: None
Horse amenities: None

Construction

Type & style

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

Materials

Masonite
Roof: Metal

Condition

Fixer,Other,Updated/Remodeled
Year built: 1960

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,FHA,VA Loan
Road surface type: Paved

Price history

Date	Event	Price
5/12/2025	Sold	--
Source: RLCMLS #132306 Report a problem
4/1/2025	Listed for sale	$329,000$269/sqft
Source: RLCMLS #132306 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$561 +4.6%	$18,661 +3%
2023	$537 +0.9%	$18,118 +3%
2022	$532 +3.5%	$17,590 +3%
2021	$514 +2.1%	$17,078 +3%
2020	$503 +6.9%	$16,581 +2%
2019	$471 +3.6%	$16,255 +3%
2018	$454 +3.9%	$15,781 +3%
2017	$437	$15,321 +3%
2015	$437 +5.9%	$14,876 +3%
2014	$413	$14,442