For sale

$295,000

203 Lower Terrace Dr #2, Ruidoso, NM 88345

3beds

1,600sqft

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Townhouse

Built in 1980

-- sqft lot

$-- Zestimate^®

$184/sqft

$25/mo HOA

What's special

Utility roomSpacious kitchenFantastic main-floor layoutCharming wood accents throughoutUpdated appliancesDining area

This beautifully updated townhome offers a fantastic main-floor layout featuring a spacious kitchen, dining area, and living room with a cozy rock gas fireplace. The main floor also includes a convenient 1/2 bath, utility room, and access to a gorgeous deck overlooking the serene Cree Meadows Golf Course. The popcorn ceilings have been removed, and the the entire interior has been freshly painted, with charming wood accents throughout. The kitchen boasts updated appliances, and the low HOA fee of just $300 annually adds to the appeal. Upstairs, you'll find 3 comfortable bedrooms and 2 baths, including a primary suite with a private balcony that offers stunning views of the golf course. The front covered porch adds curb appeal, while the home comes fully furnished with mountain decor,

126 days

79

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Utility Room

Heating

Baseboard, Forced Air, Natural Gas

Cooling

Ceiling Fan(s), Multi Units

Appliances

Included: Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer

Features

Breakfast Bar, Ceiling Fan(s), Open Floorplan, Storage, Smart Thermostat, Utility Room
Flooring: Carpet, Tile, Wood
Number of fireplaces: 1
Fireplace features: Gas Log
Furnished: Yes

Interior area

Total interior livable area: 1,600 sqft

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Property

Parking

Parking features: On Site, Parking Lot

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Deck, Front Porch, Balcony
Exterior features: Balcony, Lighting, Rain Gutters, Storage
Fencing: None
Has view: Yes
View description: Golf Course, Mountain(s), Trees/Woods

Lot

Features: Level, On Golf Course, Views, Wooded

Details

Additional structures: None
Zoning: R3
Other equipment: None
Horse amenities: None

Construction

Type & style

Home type: Townhouse
Architectural style: Mountain
Property subtype: Townhouse

Materials

Wood Siding
Roof: Metal,Pitched

Condition

Updated/Remodeled
Year built: 1980

Utilities & green energy

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

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Country Club Twnh

HOA

Has HOA: Yes
Services included: Maintenance Grounds
HOA fee: $300 annually

Location

Region: Ruidoso

Financial & listing details

Price per square foot: $184/sqft
Annual tax amount: $3,896
Date on market: 3/13/2025
Cumulative days on market: 471 days
Listing terms: Cash,Conventional,1031 Exchange
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/17/2026	Price change	$295,000-14.5%$184/sqft
Source: RLCMLS #132226 Report a problem
2/19/2026	Listed for sale	$345,000-8%$216/sqft
Source: RLCMLS #132226 Report a problem
10/6/2025	Listing removed	$375,000$234/sqft
Source: RLCMLS #132226 Report a problem
8/11/2025	Price change	$375,000-6%$234/sqft
Source: RLCMLS #132226 Report a problem
3/13/2025	Listed for sale	$399,000+25.1%$249/sqft
Source: RLCMLS #132226 Report a problem
9/20/2022	Sold	--
Source: RLCMLS #128497 Report a problem
8/1/2022	Listed for sale	$319,000$199/sqft
Source: RLCMLS #128497 Report a problem
9/13/2019	Sold	--
Source: RLCMLS #123806 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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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.

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