Fixer-Upper Opportunity - 159 Ponderosa Drive, Ruidoso, NM 2 Bed | 1 Bath | 641 Sq Ft | 9,147 Sq Ft LotInvestor Special - Blank Canvas in the Mountains!Welcome to 159 Ponderosa Drive, a rare opportunity to create your dream mountain retreat in the heart of Ruidoso's charming Brady Canyon neighborhood. This property is completely gutted, offering a clean slate for your vision--whether you're an investor, contractor, or homeowner looking for a custom renovation project.Property Features:2-bedroom, 1-bathroom floor plan (flexible layout potential)641 sq ft of interior spaceExpansive wooded lot
For sale
$138,000
159 Ponderosa Dr, Ruidoso, NM 88345
2beds
641sqft
Single Family Residence
Built in 1960
9,147 Square Feet Lot
$-- Zestimate®
$215/sqft
$-- HOA
What's special
Expansive wooded lot
- 395 days |
- 395 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
James Russ 575-937-2756,
REMAX Sierra Blanca Realty 575-257-6000
Source: RLCMLS,MLS#: 132670
Originating MLS: Ruidoso Lincoln County Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- Ceiling Fan(s)
Appliances
- Included: Water Heater
Features
- None
- Flooring: See Remarks
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 641 sqft
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: See Remarks
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 9,147 Square Feet
- Features: Sloped Down, Rectangular Lot, Wooded
Details
- Parcel number: 4071064078223000000
- Zoning: R1
- Special conditions: Standard
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Mountain
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Metal
Condition
- Fixer
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Ponderosa Hgts
HOA
- Amenities included: None
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $131,010
- Annual tax amount: $1,428
- Date on market: 5/31/2025
- Cumulative days on market: 397 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,449/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Price change | $138,000-3.2%$215/sqft |
Source: | ||
| 5/31/2025 | Listed for sale | $142,500+10.5%$222/sqft |
Source: | ||
| 5/11/2023 | Sold | -- |
Source: | ||
| 3/18/2023 | Listed for sale | $129,000$201/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,313 +195% | $43,670 +156.5% |
| 2023 | $445 +1.3% | $17,024 +3% |
| 2022 | $439 +3.9% | $16,528 +3% |
| 2021 | $423 +2.5% | $16,047 +3% |
| 2020 | $412 +7.2% | $15,580 +2% |
| 2019 | $385 +4.1% | $15,275 +3% |
| 2018 | $370 +4.4% | $14,830 +3% |
| 2017 | $354 | $14,397 +3% |
| 2015 | $354 +6.9% | $13,979 +3% |
| 2014 | $331 +10.2% | $13,572 +3% |
| 2013 | $300 +6.4% | $13,177 +3% |
| 2012 | $283 +6.7% | $12,793 +6.1% |
| 2010 | $265 | $12,057 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 5/10Sierra Vista Primary SchoolGrades: PK-2Distance: 2 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 159 Ponderosa Dr




