For sale

$398,800

176 Meander Dr, Ruidoso, NM 88345

3beds

1,144sqft

$2,554/mo

Get pre-qualified

Cabin

Built in 1956

6,534 Square Feet Lot

$376,400 Zestimate^®

$349/sqft

$-- HOA

What's special

Waterfront river hideawayNew roofUpdated kitchenStacker washer and dryerDining roomNatural gas stove

WATERFRONT RIVER HIDEAWAY! A dreamy cabin on the Rio Ruidoso River! Updated kitchen and dining room. Cozy living room with fireplace. Sit on the deck and enjoy the river and mountain views. Easy access year-round. This updated 3 bedroom and 2 bath cabin sits high above the Rio Ruidoso River. The terraced deck provides space for happy hours, BBQ's and peaceful moments drinking coffee. You can enjoy the firepit on the lower deck or you can sit creek-side on the small stone patio. The cabin comes fully furnished with a bear and elk themed items throughout. There is no lawn to maintain even though the area is green and lush. Included are a stacker washer & dryer, natural gas stove, and refrigerator with an icemaker. New paint and window treatments on the interior. A new furnace and central air system was installed in 2020 and a new roof was installed in August, 2026. The carport contains a good-sized work shed. Come take a look. River properties can be very hard to find!

29 days
735
24

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Heating

Natural Gas

Cooling

Central Air

Appliances

Laundry: Gas Dryer Hookup

Features

Ceiling Fan(s)
Flooring: Hardwood
Basement: Crawl Space
Number of fireplaces: 1

Interior area

Total structure area: 1,144
Total interior livable area: 1,144 sqft
Finished area above ground: 1,144

Property

Parking

Total spaces: 3
Parking features: Garage - Attached
Attached garage spaces: 3

Features

Patio & porch: Deck Covered
Exterior features: Breezeway, Sidewalk, Deck, TV - Cable

Lot

Size: 6,534 Square Feet
Residential vegetation: Native/Natural

Details

Additional structures: Workshop
Parcel number: 4074065046308

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Cabin

Materials

Frame, Stucco

Condition

Year built: 1956

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Detector - Smoke/Heat
Subdivision: PALMER GATEWAY SD

HOA

Has HOA: No

Location

Region: Ruidoso

Financial & listing details

Price per square foot: $349/sqft
Tax assessed value: $322,626
Annual tax amount: $3,247
Date on market: 8/21/2026
Listing terms: Cash,Conventional
Inclusions: Dishwasher, Disposal, Dryer, Free-Standing Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
Electric utility on property: Yes

Estimated market value

$376,400

$358,000 - $395,000

$1,640/mo

Price history

Date	Event	Price
8/21/2026	Listed for sale	$398,800+13.9%$349/sqft
Source: New Mexico MLS #26000802 Report a problem
12/21/2020	Sold	--
Source: RLCMLS #17620001_125382 Report a problem
9/1/2020	Listed for sale	$350,000$306/sqft
Source: Southern New Mexico Realty #125382 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,247 +0.4%	$107,542
2024	$3,233 +1.5%	$107,542
2023	$3,186 -2%	$107,542
2022	$3,251 +0.5%	$107,542
2021	$3,235 +16.2%	$107,542 +26.9%
2020	$2,785 +6.5%	$84,753 +2%
2019	$2,616 +0.7%	$83,091
2018	$2,597 +9.5%	$83,091 +0%
2017	$2,372	$83,083 0%
2015	$2,372 +9.5%	$83,091 +9.7%
2014	$2,167	$75,738