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For sale
  • Price cut: $29.9K (6/11)
    $230,000

    53 Underwood Blvd, Elephant Butte, NM 87935

    2beds
    1,816sqft
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    Single Family Residence
    Built in 1995
    1.4 Acres Lot
    $215,200 Zestimate®
    $127/sqft
    $-- HOA

    What's special

    Spacious primary suiteMud room entryOversized walk-in closetTiled flooring throughoutDual sinksSeparate showerServing counter
    CUSTOM ONE-OWNER RANCH ON 1.40 ACRES IN DESIRABLE LAKESHORE HIGHLANDS! ENJOY SPACE, PRIVACY, AND COMFORT IN THIS WELL-MAINTAINED 2BR, 1-3/4 BA HOME OFFERING OVER 1800 SQ. FT. OF INVITING LIVING SPACE. THE OPEN-CONCEPT LR/DR/KIT. AREA IS PERFECT FOR EVERYDAY LIVING AND ENTERTAINING, FEATURING A 6-BURNER RANGE, SS FRENCH-DOOR REFRIGERATOR, ABUNDANT CABINETRY, AND SERVING COUNTER. THE SPACIOUS PRIMARY SUITE BOASTS DUAL SINKS, SEPARATE SHOWER, AND OVERSIZED WALK-IN CLOSET. RELAX YEAR-ROUND IN THE ADJOINING HEATED SUNROOM OR STEP OUT TO THE GENREOUS COVERED PATIO - IDEAL FOR TAKING IN THE PEACEFUL SURROUNDINGS. ADDITIONAL HIGHLIGHTS INCLUDE A MUD ROOM ENTRY, LARGE LAUNDRY ROOM W/WASHER, DRYER & 3/4 BATH PERFECT FOR LAKE LIVING. TILED FLOORING THROUGHOUT, 2 WATER HEATERS, 4 SPACE HEATERS, AND 3 WINDOW A/C UNITS, AND METAL ROOF (2025). OUTSIDE, YOU'LL FIND EVERYTHING YOU NEED AND MORE FOR YOUR LAKE ENJOYMENT WITH A DETACHED 2-CAR CARPORT, 2 STORAGE SHEDS/WORKSHOP SPACES, A 24' X30' DETACHED 2-CAR GARAGE/WORKSHOP, AND A 23' X 36' RV PORT. PROPERTY HAS A PRIVATE WELL AND SEPTIC SYSTEM, AND 2 PROPANE TANKS. WHEN YOU ARE NOT ENJOYING THE LAKE, A BONUS IS THE MINI PUTT PUTT GOLF COURSE, COMPLETE W/BALLS & PUTTERS. A RARE OPPORTUNITY FOR SPACE, COMFORT AND CLOSENESS TO LAKE ENJOYMENT.
    80 days
    |
    271
    |
    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea Freeman 575-740-7196,

    Desert Lakes Realty 575-744-4960

    Source: New Mexico MLS,MLS#: 20262555MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Propane, Space Heater
      Cooling
      • Window Unit(s), Refrigerated
      Features
      • Ceiling Fan(s), Walk-In Closet(s)
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 1,816
      • Total interior livable area: 1,816 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Open
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Exterior features: Dog Run, Horses Allowed, Yard Art
      • Fencing: Back Yard,Chain Link,Cross Fenced,Front Yard
      Lot
      • Size: 1.4 Acres
      • Topography: Back Yard, Chain Link, Cross Fenced, Front Yard
      Details
      • Additional structures: Workshop
      • Parcel number: 3019069195550 #8026

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Siding, Unknown, Stucco
      • Roof: Metal,Pitched
      Condition
      • Year built: 1995

      Utilities & green energy

      • Water: Private
      • Utilities for property: Electricity Connected, Propane

      Community & HOA

      Community
      • Subdivision: Lakeshore Highlands
      HOA
      • Has HOA: No
      Location
      • Region: Elephant Butte

      Financial & listing details

      • Price per square foot: $127/sqft
      • Annual tax amount: $1,300
      • Date on market: 5/1/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Inclusions: Dryer, Free-Standing Range, Other, Range Hood, Refrigerator, Washer, Water Heater
      • Electric utility on property: Yes

        Estimated market value

        $215,200

        $204,000 - $226,000

        $1,806/mo

        Price history

        DateEventPrice
        6/11/2026Price change$230,000-11.5%$127/sqft
        Source: New Mexico MLS #20262555 Report a problem
        5/2/2026Listed for sale$259,900$143/sqft
        Source: New Mexico MLS #20262555 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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87935

        Getting around

        0 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

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