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For sale
  • $275,000

    507 Ontario Dr, Elephant Butte, NM 87935

    3beds
    1,881sqft
    : 
    $1,727/mo
    Get pre-qualified
    Single Family Residence
    Built in 1960
    0.5 Acres Lot
    $262,200 Zestimate®
    $146/sqft
    $-- HOA

    What's special

    Beautifully remodeled kitchenThree generously sized bedroomsSpacious and inviting homeRoomy laundry roomDining room
    Have you been waiting for a home close to the lake......Welcome to 507 ONTARIO LOCATED IN ELEPHANT BUTTE , NEW MEXICO. You will love this spacious and inviting home with its own detached 2 car garage and an amazing 18' x 60' RV/Boat shopfor all your toys. Home is nestled in a quiet neighborhood within a hop skip, and jump to Elephant Butte Lake! The 1880-sq-ftmain house features three generously sized bedrooms and two bathrooms, that have been remodeled. Two welcoming livingareas flow naturally into a beautifully remodeled kitchen and dining room. Lots cabinets space in kitchen and a roomy laundryroom. The detached 768-sq-ft 2 car garage has a patio are off the back to enjoy and evening BBQ and relaxation.
    50 days
    |
    522
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cheryl A Shipley 509-768-1820,

    Rio Mesa Realty 509-768-1820,

    Kellie Thompson 575-740-4855,

    Rio Mesa Realty

    Source: New Mexico MLS,MLS#: 20263326MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s), Fireplace
      • Flooring: Carpet, Laminate, Vinyl, Wood
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,881
      • Total interior livable area: 1,881 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, Open
      • Garage spaces: 4
      • Has uncovered spaces: Yes
      Lot
      • Size: 0.5 Acres
      Details
      • Additional structures: Workshop
      • Parcel number: 3020074197143

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block - Cinder
      • Roof: Pitched
      Condition
      • Year built: 1960

      Utilities & green energy

      • Utilities for property: Electricity Connected, Sewer Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Elephant Butte

      Financial & listing details

      • Price per square foot: $146/sqft
      • Tax assessed value: $167,784
      • Annual tax amount: $1,562
      • Date on market: 6/5/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional
      • Inclusions: Dishwasher, Free-Standing Range, Refrigerator
      • Electric utility on property: Yes

        Estimated market value

        $262,200

        $249,000 - $275,000

        $1,534/mo

        Price history

        DateEventPrice
        6/5/2026Listed for sale$275,000-8%$146/sqft
        Source: New Mexico MLS #20263326 Report a problem
        1/1/2026Listing removed$299,000$159/sqft
        Source: New Mexico MLS #20255798 Report a problem
        10/6/2025Listed for sale$299,000+274.2%$159/sqft
        Source: New Mexico MLS #20255798 Report a problem
        8/20/2019Sold--
        Source: New Mexico MLS #20191223 Report a problem
        7/31/2019Pending sale$79,900$42/sqft
        Source: RE/MAX Classic Realty #1900766 Report a problem
        7/13/2019Price change$79,900+6.7%$42/sqft
        Source: RE/MAX Classic Realty #1900766 Report a problem
        7/11/2019Price change$74,900-21.1%$40/sqft
        Source: RE/MAX Classic Realty #1900766 Report a problem
        5/7/2019Price change$94,900-5%$50/sqft
        Source: RE/MAX Classic Realty #1900766 Report a problem
        4/12/2019Price change$99,900-9.1%$53/sqft
        Source: RE/MAX Classic Realty #1900766 Report a problem
        3/17/2019Price change$109,900-8.3%$58/sqft
        Source: RE/MAX Classic Realty #1900766 Report a problem
        2/12/2019Price change$119,900-4%$64/sqft
        Source: HOMESTEADERS REALTY #20185579 Report a problem
        1/8/2019Price change$124,900-3.2%$66/sqft
        Source: HOMESTEADERS REALTY #20185579 Report a problem
        12/11/2018Listed for sale$129,000$69/sqft
        Source: HOMESTEADERS REALTY #20185579 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,594 +1.6%$55,928 +3%
        2023$1,569 +10.6%$54,300 +3%
        2022$1,418 $52,719 +3%
        2021-- $51,183 +25.9%
        2020-- $40,661 +4.3%
        2018-- $38,992
        2017-- $38,992
        2016-- $38,992
        2015-- $38,992 -0.8%
        2014-- $39,315
        2013-- --
        2011-- --
        2010-- --
        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: 87935

        Getting around

        8 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: None/Other
        • Middle: None/Other
        • High: None/Other

        Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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