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For sale
  • Price cut: $7K (7/1)
    $258,000

    111 Carters Ln, Ruidoso, NM 88345

    2beds
    575sqft
    : 
    $1,567/mo
    Get pre-qualified
    Single Family Residence
    Built in 1940
    4,356 Square Feet Lot
    $-- Zestimate®
    $449/sqft
    $-- HOA

    What's special

    Wonderful mountain atmosphere throughoutBeautifully updated bathroomCovered front deckWarm wood accentsMini-split heating and coolingVaulted ceilings
    Beautifully updated 2-bedroom, 1-bath single-level cabin in the heart of town. This thoughtfully remodeled property features vaulted ceilings, warm wood accents, a beautifully updated bathroom, mini-split heating and cooling, and a wonderful mountain atmosphere throughout. Relax on the covered front deck and enjoy the convenience of being just moments from dining, shopping, and entertainment. Ideal as a full-time residence, vacation retreat, or income-producing property.
    107 days
    |
    677
    |
    43
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Vaughn 575-520-1510,

    Century 21 Aspen Real Estate 575-257-9057,

    Nenada Maslovaric 727-768-5864,

    Century 21 Aspen Real Estate

    Source: RLCMLS,MLS#: 133884MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Laundry, Living Room
      Heating
      • Zoned
      Cooling
      • Ceiling Fan(s), Multi Units, Zoned
      Appliances
      • Included: Electric Range, Microwave, Refrigerator
      Features
      • Ceiling Fan(s), Primary Downstairs, Recessed Lighting, Main Level Primary
      • Flooring: Tile, Vinyl
      • Number of fireplaces: 1
      • Fireplace features: Other
      Interior area
      • Total interior livable area: 575 sqft

      Property

      Parking
      • Parking features: Gravel, On Site
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Rear Porch, Covered, Front Porch
      • Exterior features: Lighting, Other
      • Fencing: Partial
      • Has view: Yes
      • View description: Trees/Woods
      • Waterfront features: None
      Lot
      • Size: 4,356 Square Feet
      • Features: Interior Lot, Level, Wooded
      Details
      • Additional structures: None
      • Parcel number: 4072065442325000000
      • Zoning: R1
      • Other equipment: Other
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin,Mountain
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Roof: Metal,Pitched
      Condition
      • Updated/Remodeled
      • Year built: 1940

      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: Skyland
      HOA
      • Amenities included: None
      • Services included: None
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $449/sqft
      • Tax assessed value: $130,299
      • Annual tax amount: $2,667
      • Date on market: 4/6/2026
      • Cumulative days on market: 110 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Price change$258,000-2.6%$449/sqft
        Source: RLCMLS #133884 Report a problem
        4/7/2026Listed for sale$265,000+10.4%$461/sqft
        Source: RLCMLS #133884 Report a problem
        8/31/2023Listing removed--
        Source: Owner Report a problem
        8/29/2023Listed for sale$240,000+69%$417/sqft
        Source: Owner Report a problem
        7/28/2022Sold--
        Source: RLCMLS #128137 Report a problem
        6/6/2022Price change$142,000-4.8%$247/sqft
        Source: RLCMLS #128137 Report a problem
        5/29/2022Price change$149,200-0.5%$259/sqft
        Source: RLCMLS #128137 Report a problem
        5/20/2022Listed for sale$150,000$261/sqft
        Source: RLCMLS #128137 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,314 +6.4%$43,433 +3%
        2024$1,235 -1.1%$42,168
        2023$1,249 +128.2%$42,168 +148.2%
        2022$547 +0.1%$16,987 +3%
        2021$547 +3.9%$16,492 +3%
        2020$526 +6.5%$16,012 +2%
        2019$494 +0.7%$15,698
        2018$491 -1.8%$15,698 +0%
        2017$500 $15,697 +3%
        2015$500 +18%$15,240 +3%
        2014$423 $14,796
        Find assessor info on the county website

        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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        Climate risks

        Neighborhood: 88345

        Getting around

        54 / 100
        Somewhat Walkable
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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