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For sale
  • Price increase: $150K (12/10)
    $425,000

    120 Lookout Peak Rd, Capitan, NM 88316

    3beds
    3,040sqft
    : 
    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
    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.
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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#: 133407MLS LogoOriginating 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
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    Estimated market value

    $407,700

    $387,000 - $428,000

    $2,075/mo

    Price history

    Price history
    DateEventPrice
    12/10/2025Price change$425,000+54.5%$140/sqft
    Source: RLCMLS #133407 Report a problem
    4/27/2023Pending sale$275,000$90/sqft
    Source: RLCMLS #128794 Report a problem
    4/27/2023Contingent$275,000$90/sqft
    Source: RLCMLS #128794 Report a problem
    12/6/2022Price change$275,000-8.3%$90/sqft
    Source: RLCMLS #128794 Report a problem
    10/12/2022Listed for sale$300,000$99/sqft
    Source: RLCMLS #128794 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

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