This property offers privacy, usable land, and a tranquil setting ideal for a primary residence, second home, or investment opportunity. The home features a functional floor plan with an open living area, abundant natural light, and seamless flow between the kitchen, dining, and main living spaces. The bedrooms are generously sized, and the property provides ample flexibility for a variety of lifestyle needs. Outdoor areas include significant acreage suitable for horses, gardening, recreational use, or future improvements. The land offers multiple potential building sites and unobstructed mountain and valley views. This property presents a rare combination of space, scenery, and adaptability--an excellent option for buyers seeking a peaceful environment with room to grow.
For sale
Price increase: $150K (12/10)
$425,000
120 Lookout Peak Rd, Capitan, NM 88316
3beds
3,040sqft
Est.:
Single Family Residence
Built in 1985
4.69 Acres Lot
$407,700 Zestimate®
$140/sqft
$-- HOA
What's special
Usable landFunctional floor planAbundant natural light
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Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 04:45pm
Listed by:
Joyce Kathleen Culbertson 972-730-4945,
Fathom Realty NM 575-517-0316
Source: RLCMLS,MLS#: 133407
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Office
Heating
- Central, Fireplace(s)
Cooling
- Ceiling Fan(s)
Appliances
- Included: Cooktop, Dryer, Dishwasher, Gas Cooktop, Trash Compactor, Water Heater, Washer
Features
- Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Storage, Main Level Primary
- Flooring: Carpet, Laminate, Tile
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 3,040 sqft
Property
Parking
- Parking features: Driveway, Paved
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Back Yard,Chain Link
- Has view: Yes
- View description: Mountain(s), Panoramic, Pasture, Valley
Lot
- Size: 4.69 Acres
- Features: Gentle Sloping, Rectangular Lot, Views
Details
- Parcel number: 4077049236469000000
- Zoning: Rural
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Mountain
- Property subtype: Single Family Residence
Materials
- Board & Batten Siding
- Roof: Metal,Pitched
Condition
- Other
- Year built: 1985
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Electricity Connected, Natural Gas Available, Phone Available
Community & HOA
Community
- Subdivision: Mt View Capitan
Location
- Region: Capitan
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $215,997
- Annual tax amount: $1,243
- Date on market: 12/9/2025
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
- Road surface type: Dirt
Estimated market value
$407,700
$387,000 - $428,000
$2,075/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Price change | $425,000+54.5%$140/sqft |
Source: | ||
| 4/27/2023 | Pending sale | $275,000$90/sqft |
Source: | ||
| 4/27/2023 | Contingent | $275,000$90/sqft |
Source: | ||
| 12/6/2022 | Price change | $275,000-8.3%$90/sqft |
Source: | ||
| 10/12/2022 | Listed for sale | $300,000$99/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,230 +44.5% | $71,999 +26.9% |
| 2023 | $851 +1% | $56,730 +3% |
| 2022 | $843 +5.3% | $55,078 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,423/mo
Principal & interest
$2083
Property taxes
$191
Home insurance
$149
Climate risks
Neighborhood: 88316
Nearby schools
GreatSchools rating
- 6/10Capitan Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Capitan Middle SchoolGrades: 6-8Distance: 0.2 mi
- 9/10Capitan High SchoolGrades: 9-12Distance: 0.2 mi
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