Skip main navigation
Off market
  • $815,000

    121 Merlyn Dr, Ruidoso, NM 88345

    4beds
    3,160sqft
    Single Family Residence
    Built in 2007
    -- sqft lot
    $815,000 Zestimate®
    $258/sqft
    $3,157 Estimated rent

    Home value

    $815,000

    $774,000 - $856,000

    $3,157/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $3,157/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,157/mo

    Rent Zestimate®

    Refinance and save

    $4,563/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $4,563/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    This beautiful 3100+ sq ft home on 2 acres sits atop of Camelot Mountain on the southern edge of Ruidoso with views of the mountains. The open concept design with three full spacious bedrooms, an office/bedroom and a large loft with a full bath. The bedrooms and loft are carpeted and hardwood floors are in the common areas and hallways. Both the primary bedrooms and the living area have gas fireplaces set in natural stone, each with its own remote starter. The large kitchen includes stainless steel appliances, granite countertops, a gas stove with a grill, a large walk-in pantry and plentiful high end hickory cabinetry. The two Trex decks offer great space to entertain. For added enjoyment of this spacious property is a small viewing deck down the gentle slope... Sit on Adirondak chairs to enjoy reading, savor your evening wine or observe the animals roaming in the canyon area below. In addition, this home has a large natural gas Generac generator, central AC, natural gas heat, and a two-unit mini split HVAC system that provides year-round comfort for the four seasons. This home is move-in ready. The primary bedroom furniture, living room furniture and assorted other furniture pieces are included.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 8 hours ago

    Source: BHHS broker feed,MLS#: 131982

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Cable Ready
    Interior area
    • Total structure area: 3,160
    • Total interior livable area: 3,160 sqft

    Property

    Parking
    • Parking features: GarageAttached
    • Has attached garage: Yes
    Features
    • Patio & porch: Patio
    Details
    • Parcel number: 4073066060375000000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2007

    Community & neighborhood

    Location
    • Region: Ruidoso

    Price history

    DateEventPrice
    1/7/2026Listing removed$874,500$277/sqft
    Source: RLCMLS #132997 Report a problem
    10/3/2025Price change$874,500-2.6%$277/sqft
    Source: RLCMLS #132997 Report a problem
    8/7/2025Listed for sale$897,500-9.8%$284/sqft
    Source: RLCMLS #132997 Report a problem
    8/1/2025Listing removed$994,500$315/sqft
    Source: BHHS broker feed #131982 Report a problem
    6/3/2025Price change$994,500-5.3%$315/sqft
    Source: RLCMLS #131982 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $266,045
    2023-- $266,045 +39%
    2022-- $191,356 +3%

    Find assessor info on the county website

    Neighborhood: 88345

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.