Sold

Price Unknown

512 Mountain High Cir, Ruidoso, NM 88345

4beds

3,328sqft

Single Family Residence

Built in 2023

0.47 Acres Lot

$1,329,400 Zestimate^®

$--/sqft

$4,810 Estimated rent

Home value

$1,329,400

$1.25M - $1.40M

$4,810/mo

Zestimate^® history

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What's special

This newly built Mountain Modern home is FULLY FURNISHED & move-in ready! As an AirBnB for only 10 months, it is on track to gross $60-80K in the first year. The home offers breathtaking views of Grindstone Lake & is very close to Lincoln National Forest. With 3,328 sq ft, 4 bedrooms, 3.5 baths, a spacious game room and 2 large, covered decks, the home also features vaulted T&G ceilings, 8' sliding doors & windows, as well as clear story windows providing natural light. Open concept kitchen showcases a large granite-topped island with rock accents, stainless steel appliances, quality hickory cabinetry, lake views and easy deck access for outdoor entertaining. A floor-to-ceiling stone fireplace with a rustic Juniper mantel harvested on-site provides warmth during winter months.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Rooms

Room types: Bonus Room, Great Room

Heating

Forced Air, Fireplace(s), Natural Gas

Cooling

Central Air, Ceiling Fan(s), Dual, Electric

Appliances

Included: Bar Fridge, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Water Purifier Owned, Refrigerator, Stainless Steel Appliance(s), Washer

Features

Breakfast Bar, Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Main Level Primary
Flooring: Tile, Vinyl
Number of fireplaces: 1
Fireplace features: Insert, Gas Log, Raised Hearth
Furnished: Yes

Interior area

Total interior livable area: 3,328 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, Garage, Garage Door Opener, Paved
Garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: No Stairs

Features

Levels: Two
Stories: 2
Patio & porch: Rear Porch, Covered, Deck, Front Porch, See Remarks
Exterior features: Lighting, Rain Gutters
Fencing: None
Has view: Yes
View description: Mountain(s), Trees/Woods, Water
Has water view: Yes
Water view: Water

Lot

Size: 0.47 Acres
Features: Sloped Down, Gentle Sloping, Rectangular Lot, Views, Wooded

Details

Additional structures: None
Parcel number: 4071065100317000000
Zoning: R1
Other equipment: None
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Cabin,Contemporary,Mountain,See Remarks
Property subtype: Single Family Residence

Materials

Fiber Cement, Frame, Stone Veneer, See Remarks, Stucco
Roof: Metal,Pitched

Condition

New Construction,See Remarks
New construction: Yes
Year built: 2023

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Grindstone Canyon Resort

Location

Region: Ruidoso

Financial & listing details

Tax assessed value: $1,233,609
Annual tax amount: $13,349
Date on market: 6/6/2024
Cumulative days on market: 18 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,USDA Loan,VA Loan
Electric utility on property: Yes
Road surface type: Asphalt, Paved

Price history

Date	Event	Price
8/30/2024	Sold	--
Source: RLCMLS #131148 Report a problem
6/26/2024	Contingent	$1,499,999$451/sqft
Source: RLCMLS #131148 Report a problem
6/7/2024	Listed for sale	$1,499,999+7.2%$451/sqft
Source: RLCMLS #131148 Report a problem
7/3/2023	Sold	--
Source: RLCMLS #129464 Report a problem
5/22/2023	Listed for sale	$1,399,900$421/sqft
Source: RLCMLS #129464 Report a problem
5/10/2023	Pending sale	$1,399,900$421/sqft
Source: RLCMLS #129464 Report a problem
4/27/2023	Listed for sale	$1,399,900+1546.9%$421/sqft
Source: RLCMLS #129464 Report a problem
3/25/2021	Sold	--
Source: RLCMLS #126014 Report a problem
2/3/2021	Listed for sale	$85,000+13.3%$26/sqft
Source: Rio Ruidoso Company, LTD. #126014 Report a problem
8/10/2018	Sold	--
Source: Agent Provided Report a problem
7/18/2018	Pending sale	$75,000$23/sqft
Source: Weaver Real Estate #119711 Report a problem
6/21/2018	Price change	$75,000+7.1%$23/sqft
Source: Weaver Real Estate #119711 Report a problem
10/2/2017	Price change	$70,000+16.7%$21/sqft
Source: Weaver Real Estate #119711 Report a problem
3/27/2017	Listed for sale	$60,000$18/sqft
Source: Weaver Real Estate #119711 Report a problem
1/1/2000	Sold	--
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,416 +21.6%	$411,203 +17.9%
2024	$10,214 +1056.4%	$348,637 +1130.5%
2023	$883 -3.3%	$28,333
2022	$913 +19.7%	$28,333 +23.2%
2021	$763 +0.9%	$23,000
2020	$756 +4.4%	$23,000
2019	$724 +299.5%	$23,000 +296.6%
2018	$181	$5,800