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Lot/land
  • $1,200,000

    1451 Mechem Dr, Ruidoso, NM 88345

    --beds
    --baths
    5.72Acres
    Unimproved Land
    Built in ----
    5.72 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Multiple excavated building areasTwo paved highway entrances
    5.722-acre Mixed-Use Planned Unit Development zoning. Features 800+ feet of highway frontage, two paved highway entrances, and two large paved parking lots for excellent accessibility. Multiple excavated building areas offer prime development opportunities with Sierra Blanca and surrounding mountain views.All utilities available, including three-phase power. Flexible zoning amendments possible with Village of Ruidoso approval. Ideal for a hotel, strip mall, restaurants, and/or housing development. One of the best view properties available for commercial and residential development.
    483 days
    |
    32
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Bolin 575-937-0600,

    AMoR Real Estate 575-937-0600

    Source: RLCMLS,MLS#: 132422MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

      Facts & features

      Property

      Parking
      • Parking features: Paved
      Features
      • Fencing: None
      • Has view: Yes
      • View description: Mountain(s), Panoramic, Valley, Trees/Woods, Southern Exposure
      • Waterfront features: None
      Lot
      • Size: 5.72 Acres
      • Features: Cleared, Level, Views
      Details
      • Parcel number: 4072061071310
      • Zoning: Other

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Alto Crest #2
      Location
      • Region: Ruidoso

      Financial & listing details

      • Tax assessed value: $186,936
      • Annual tax amount: $8,796
      • Date on market: 4/21/2025
      • Cumulative days on market: 485 days
      • Listing terms: Cash,Conventional,1031 Exchange,Owner May Carry
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Gravel, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/21/2025Listed for sale$1,200,000
        Source: RLCMLS #132422 Report a problem
        9/11/2017Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,885 -78.6%$62,312 -79.2%
        2024$8,796 -6%$300,248
        2023$9,359 -3.3%$300,248
        2022$9,675 -2.8%$300,248
        2021$9,955 -6.6%$300,248 -7.4%
        2020$10,660 +17.7%$324,377 +12.8%
        2019$9,056 -10.2%$287,612 -10.9%
        2018$10,087 -1.8%$322,723 +0%
        2017$10,269 $322,691 0%
        2015$10,269 +5.2%$322,723
        2014$9,761 $322,723
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 88345

        Getting around

        3 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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