Skip main navigation
For sale
  • Price cut: $44K (6/19)
    $435,000

    162 Reese Dr, Ruidoso, NM 88345

    3beds
    1,511sqft
    : 
    $2,642/mo
    Get pre-qualified
    Single Family Residence
    Built in 1960
    0.25 Acres Lot
    $-- Zestimate®
    $288/sqft
    $-- HOA

    What's special

    New metal roofLarge backyardBrand-new trex front deckTucked among the treesFully updated bathrooms
    This beautifully remodeled home is packed with tons of upgrades that you will love! Featuring a new metal roof, electrical, plumbing, ducting, AC unit, flooring, windows, and fully updated bathrooms and kitchen. Tucked among the trees in central Ruidoso, you can watch the various wildlife on the brand-new Trex front deck or relax in your large backyard. You're a short 5 minute drive from Midtown shopping and dining, and just as close to Walmart, the best of both worlds! The kitchen and baths showcase custom soft-close cabinets for style and your convenience!
    401 days
    |
    231
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sara McMasters 575-973-8262,

    Better Homes & Gardens Real Estate - Steinborn & Associates 855-784-3676

    Source: RLCMLS,MLS#: 132887MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Laundry
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Refrigerator
      Features
      • Ceiling Fan(s), Recessed Lighting
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,511 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch
      • Fencing: Back Yard,Fenced,Partial
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 0.25 Acres
      • Features: Interior Lot, Level
      Details
      • Parcel number: 4074065119272000000
      • Zoning: R1
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • Year built: 1960

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Charlie Culver Subdivision
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $288/sqft
      • Tax assessed value: $252,273
      • Annual tax amount: $5,001
      • Date on market: 7/4/2025
      • Cumulative days on market: 399 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,Other,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
        6/19/2026Price change$435,000-9.2%$288/sqft
        Source: RLCMLS #132887 Report a problem
        12/19/2025Price change$479,000-2%$317/sqft
        Source: RLCMLS #132887 Report a problem
        9/24/2025Price change$489,000-2%$324/sqft
        Source: RLCMLS #132887 Report a problem
        7/5/2025Listed for sale$499,000+150.8%$330/sqft
        Source: RLCMLS #132887 Report a problem
        11/5/2024Sold--
        Source: RLCMLS #17620001_131664 Report a problem
        10/1/2024Listed for sale$199,000$132/sqft
        Source: RLCMLS #131664 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,539 +118.6%$84,091 +117.7%
        2024$1,162 +4.5%$38,632 +3%
        2023$1,111 +0.9%$37,507 +3%
        2022$1,101 +3.5%$36,414 +3%
        2021$1,064 +2.1%$35,353 +3%
        2020$1,042 +6.9%$34,324 +2%
        2019$975 +3.6%$33,651 +3%
        2018$941 +3.9%$32,671 +3%
        2017$906 $31,716 +3%
        2015$906 +5.9%$30,796 +3%
        2014$856 +9.6%$29,899 +3%
        2013$780 +5.8%$29,028 +3%
        2012$738 +5.5%$28,182 +6.1%
        2010$699 $26,562
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 88345

        Getting around

        30 / 100
        Car-Dependent
        12 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes