Modern Mountain Retreat in Capitan, NM, sits on one and a third acres and consists of four usable lots.Major remodeling has been done, starting with--all the electrical, sheetrock, flooring, fixtures, decking, septic system, and roofing. All brand new appliances, range, refrigerator, washer/dryer, and water heater.Furnished as viewed.The open floor plan features a large, inviting wood-burning fireplace. One bedroom, and one bonus room that can be used as a 2nd bedroom , office, dining, you name it!One and a third-acre usable hillside with panoramic views of Capitan Gap.A single detached garage is ideal for a workshop or storage.There are lots of possibilities here! Check this one out soon!
For sale
Price increase: $4K (10/16)
$199,000
112 Promise Ln, Capitan, NM 88316
1beds
728sqft
Est.:
Single Family Residence
Built in 2023
1.3 Acres Lot
$-- Zestimate®
$273/sqft
$-- HOA
What's special
Large inviting wood-burning fireplaceSingle detached garageBrand new appliancesFour usable lotsOpen floor plan
- 57 days |
- 141 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: 16 hours ago
Listed by:
Angie R Olivas 575-937-6828,
Cozy Cabins Real Estate DBA NM Homes & Land 575-802-0207
Source: RLCMLS,MLS#: 130874
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Originating MLS: Ruidoso Lincoln County Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bonus Room, Laundry
Heating
- Electric, Fireplace(s), Other
Cooling
- Ceiling Fan(s), Electric, Wall Unit(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater, Refrigerator, Range Hood
- Laundry: Electric Dryer Hookup, Stacked
Features
- Ceiling Fan(s), Recessed Lighting, Storage
- Flooring: Vinyl
- Has fireplace: Yes
- Fireplace features: Blower Fan, Raised Hearth, Wood Burning
Interior area
- Total interior livable area: 728 sqft
Property
Parking
- Parking features: Detached
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch
- Exterior features: Storage
- Fencing: None
- Has view: Yes
- View description: Mountain(s), Panoramic, Trees/Woods
- Waterfront features: None
Lot
- Size: 1.3 Acres
- Features: Cleared, Sloped Down, Sloped Up, Views, Wooded
Details
- Additional structures: See Remarks
- Parcel number: 4076051301123000000
- Zoning: Other
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- Updated/Remodeled
- Year built: 2023
Utilities & green energy
- Sewer: Other, Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Security: Other
- Subdivision: Mt. Capitan SD Amended
HOA
- Services included: None
Location
- Region: Capitan
Financial & listing details
- Price per square foot: $273/sqft
- Tax assessed value: $57,438
- Annual tax amount: $366
- Date on market: 4/27/2024
- Cumulative days on market: 582 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Owner Will Carry,VA Loan
- Electric utility on property: Yes
- Road surface type: Other
Estimated market value
Not available
Estimated sales range
Not available
$1,320/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2025 | Price change | $199,000+2.1%$273/sqft |
Source:  RLCMLS #130874 Report a problem | ||
| 10/14/2025 | Listed for sale | $195,000$268/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 10/2/2025 | Listing removed | $195,000$268/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 7/19/2025 | Price change | $195,000-2.5%$268/sqft |
Source: RLCMLS #130874 Report a problem | ||
| 6/30/2025 | Price change | $200,000-2.4%$275/sqft |
Source: RLCMLS #130874 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $368 +23.9% | $19,146 +10.9% |
| 2023 | $297 +26.6% | $17,264 +30.2% |
| 2022 | $235 +436.2% | $13,262 +563.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$932/mo
Principal & interest
$772
Property taxes
$90
Home insurance
$70
Climate risks
Neighborhood: 88316
Nearby schools
GreatSchools rating
- 6/10Capitan Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Capitan Middle SchoolGrades: 6-8Distance: 1.2 mi
- 9/10Capitan High SchoolGrades: 9-12Distance: 1.2 mi
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