Completely Renovated Mountain Home in the Heart of Town with beautiful finishes and thoughtful design throughout. This spacious 4bed/3bath home offers an inviting floor plan, cozy library/office, beautiful fireplace plus a pellet stove, kitchen with solid surface countertops and stainless steel appliances. Property is situated on a spacious level lot and includes a 2-car garage and partially fenced yard.
For sale
$685,000
151 Lower Terrace Dr, Ruidoso, NM 88345
4beds
3,448sqft
Single Family Residence
Built in 1965
0.57 Acres Lot
$-- Zestimate®
$199/sqft
$-- HOA
What's special
Beautiful fireplaceThoughtful design throughoutBeautiful finishesInviting floor planPartially fenced yardStainless steel appliancesSpacious level lot
- 185 days |
- 190 |
- 15 |
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#: 133482
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Originating MLS: Ruidoso Lincoln County Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Laundry, Library, Living Room, Workshop
Heating
- Central, Forced Air, Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Water Heater
- Laundry: Washer Hookup
Features
- Breakfast Bar, Recessed Lighting, Workshop
- Flooring: Vinyl, Wood
- Number of fireplaces: 2
- Fireplace features: Pellet Stove, Wood Burning
- Furnished: Yes
Interior area
- Total interior livable area: 3,448 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck
- Exterior features: Other, Rain Gutters
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Pasture, Valley, Trees/Woods
- Waterfront features: None
Lot
- Size: 0.57 Acres
- Features: Interior Lot, Level, Views
Details
- Additional structures: Storage
- Parcel number: 4072064034351000000
- Zoning: R1
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Metal,Pitched
Condition
- Updated/Remodeled
- Year built: 1965
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: Hamilton Terace
HOA
- Amenities included: None
- Services included: None
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $370,476
- Annual tax amount: $6,894
- Date on market: 1/6/2026
- Cumulative days on market: 187 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
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Listed for sale | $685,000$199/sqft |
Source:  RLCMLS #133482 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,729 +76.9% | $123,492 +76.1% |
| 2024 | $2,108 +4.5% | $70,107 +3% |
| 2023 | $2,016 +0.9% | $68,065 +3% |
| 2022 | $1,997 +3.5% | $66,082 +3% |
| 2021 | $1,930 +2.1% | $64,158 +3% |
| 2020 | $1,891 +6.9% | $62,289 +2% |
| 2019 | $1,769 +3.6% | $61,067 +3% |
| 2018 | $1,708 +3.9% | $59,289 +3% |
| 2017 | $1,644 | $57,556 +3% |
| 2015 | $1,644 +5.9% | $55,886 +3% |
| 2014 | $1,553 +22.4% | $54,258 +12.6% |
| 2010 | $1,269 | $48,203 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 6/10White Mountain Elementary SchoolGrades: 3-5Distance: 1.6 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 1.5 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 1.6 mi
- $306,700-- bd-- ba-- sqft153 Lower Terrace Dr, Ruidoso, NM 88345Off Market
- $238,500-- bd-- ba-- sqft149 Lower Terrace Dr, Ruidoso, NM 88345Off Market
- $270,800-- bd-- ba-- sqft150 Upper Terrace Dr, Ruidoso, NM 88345Off Market
- $377,300-- bd-- ba-- sqft147 Lower Terrace Dr, Ruidoso, NM 88345Off Market
- $426,7004 bd3 ba2.1k sqft147 Lower Terrace Drive, Ruidoso, NM 88345Off Market
- $230,400-- bd-- ba-- sqft146 Upper Terrace Dr, Ruidoso, NM 88345Off Market
- $183,200-- bd-- ba-- sqft151 Upper Terrace Dr, Ruidoso, NM 88345Off Market
- $186,300-- bd-- ba-- sqft151 Upper Terrace Dr, Ruidoso, NM 88345Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 151 Lower Terrace Dr
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