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New construction
  • $5,000,000

    398 Pine Lodge Rd, Capitan, NM 88316

    6beds
    9,978sqft
    : 
    $32,086/mo
    Get pre-qualified
    Single Family Residence
    Built in 2022
    140.08 Acres Lot
    $-- Zestimate®
    $501/sqft
    $-- HOA

    What's special

    Welcome to the Crown T Estate! This beautiful property boasts 140 acres +/- of lush grass, perfect for grazing and watching the wildlife roam. Private deed in Game Management Unit 37, allows for unlimited hunting tags. Elk, mule deer, turkey and more! Sitting at the base of a hill with Sierra Blanca and Capitan Mountain Views, is a custom built; 9,978 sq ft home with a 5,000 sq ft basement. Unique touches throughout, include custom built woodburning fireplaces, reclaimed beams over 150 years old, 12' and 14' ceilings! Step into the barn and you will find 6 spaces for 14'x14' stalls, vet room, full bath and a kitchenette. Upstairs has 5,716 sq ft of living space that overlooks an arena. Invite your friends with 4 additional RV hookups!
    360 days
    216
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Erika Brianne Perry 575-937-5390,

    HiLo Real Estate 575-937-5390,

    Out Of Area,

    Out of Area

    Source: RLCMLS,MLS#: 133142MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 8
      • Full bathrooms: 5
      • 1/2 bathrooms: 3
      Heating
      • Central, Fireplace(s), Propane
      Cooling
      • Central Air
      Appliances
      • Included: See Remarks
      Features
      • See Remarks
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total interior livable area: 9,978 sqft

      Property

      Parking
      • Parking features: Attached, Driveway, Garage
      • Has attached garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 1
      • Exterior features: Other, RV Hookup, Storage
      • Fencing: Full
      • Has view: Yes
      • View description: Mountain(s), Panoramic, Pasture, Valley
      Lot
      • Size: 140.08 Acres
      • Features: Level, See Remarks, Views
      Details
      • Additional structures: Barn(s), Corral(s), Stable(s), See Remarks, Storage
      • Zoning: Rural
      • Other equipment: Other
      • Horse amenities: Pasture

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain,Ranch,See Remarks
      • Property subtype: Single Family Residence
      Materials
      • See Remarks
      • Roof: Metal,Pitched
      Condition
      • New Construction,Under Construction
      • New construction: Yes
      • Year built: 2022

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: Rancho De Caballos
      Location
      • Region: Capitan

      Financial & listing details

      • Price per square foot: $501/sqft
      • Annual tax amount: $17,474
      • Date on market: 9/16/2025
      • Cumulative days on market: 362 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes
      • Road surface type: Other, See Remarks

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/23/2026Price change$5,000,000-47.3%$501/sqft
        Source: RLCMLS #133142 Report a problem
        9/16/2025Listed for sale$9,495,000$952/sqft
        Source: RLCMLS #133142 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.
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        Climate risks

        Neighborhood: 88316

        Getting around

        0 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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