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For sale
  • Price cut: $8.5K (6/27)
    $365,000

    241 Junction Rd, Ruidoso, NM 88345

    4beds
    1,790sqft
    : 
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    Single Family Residence
    Built in 1972
    0.3 Acres Lot
    $357,600 Zestimate®
    $204/sqft
    $-- HOA

    What's special

    This beautifully renovated 4-bedroom, 2.5-bath home offers the perfect blend of modern living and investment opportunity. Located just minutes from downtown, this property is currently a fully operational Airbnb, boasting impressive yearly returns making it an ideal purchase for both homeowners and investors alike. Key Features: 4 Spacious Bedrooms: Plenty of room for many guests, or additional income opportunities. 2.5 Bathrooms: Tastefully updated bathrooms featuring contemporary fixtures and finishes. Open-Concept Kitchen: A chefs dream with sleek countertops, high-end appliances, and an open layout that flows seamlessly into the living and dining areas, perfect for entertaining. Hot Tub: Enjoy relaxation at its finest with a private hot tub, perfect for unwinding after a long day. Modern Renovations: Every inch of this home has been thoughtfully updated with style and functionality in mind.
    303 days
    |
    338
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jared A English 888-881-4118,

    Congress Realty, Inc. 888-881-4118

    Source: New Mexico MLS,MLS#: 20255438MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Partial bathrooms: 1
      Heating
      • Natural Gas
      Cooling
      • Refrigerated
      Features
      • Ceiling Fan(s)
      • Flooring: Tile
      • Doors: Sliding Doors
      • Number of fireplaces: 2
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,790
      • Total interior livable area: 1,790 sqft

      Property

      Features
      • Stories: 1
      • Fencing: Other
      Lot
      • Size: 0.3 Acres
      • Topography: Other
      Details
      • Parcel number: 4074065036445

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Siding
      • Roof: Metal
      Condition
      • Year built: 1972

      Community & HOA

      Community
      • Security: Audio/Video Surveillance, Carbon Monoxide Detector(s)
      • Subdivision: Palmer Gateway Sd
      HOA
      • Has HOA: No
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $204/sqft
      • Tax assessed value: $412,632
      • Annual tax amount: $1,558
      • Date on market: 9/19/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Inclusions: Dishwasher, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer

        Estimated market value

        $357,600

        $340,000 - $375,000

        $2,429/mo

        Price history

        DateEventPrice
        6/27/2026Price change$365,000-2.3%$204/sqft
        Source: New Mexico MLS #20255438 Report a problem
        3/19/2026Price change$373,500-0.4%$209/sqft
        Source: New Mexico MLS #20255438 Report a problem
        1/9/2026Price change$375,000-1.2%$209/sqft
        Source: New Mexico MLS #20255438 Report a problem
        12/8/2025Price change$379,369-1.6%$212/sqft
        Source: New Mexico MLS #20255438 Report a problem
        9/19/2025Listed for sale$385,369-3.6%$215/sqft
        Source: New Mexico MLS #20255438 Report a problem
        8/16/2025Listing removed$399,950$223/sqft
        Source: RLCMLS #130080 Report a problem
        5/19/2025Price change$399,950-3.6%$223/sqft
        Source: RLCMLS #130080 Report a problem
        12/20/2024Price change$415,000-1.2%$232/sqft
        Source: RLCMLS #130080 Report a problem
        8/10/2024Listed for sale$419,950$235/sqft
        Source: RLCMLS #130080 Report a problem
        11/27/2023Listing removed--
        Source: RLCMLS #130080 Report a problem
        10/27/2023Price change$419,950-1.2%$235/sqft
        Source: RLCMLS #130080 Report a problem
        10/11/2023Price change$425,000-1.2%$237/sqft
        Source: RLCMLS #130080 Report a problem
        10/8/2023Price change$430,000-1.1%$240/sqft
        Source: RLCMLS #130080 Report a problem
        8/28/2023Listed for sale$435,000+118.6%$243/sqft
        Source: RLCMLS #130080 Report a problem
        3/9/2023Sold--
        Source: RLCMLS #128950 Report a problem
        12/28/2022Price change$199,000-4.8%$111/sqft
        Source: RLCMLS #128950 Report a problem
        11/22/2022Listed for sale$209,000$117/sqft
        Source: RLCMLS #128950 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,162 +167.1%$137,544 +158.7%
        2024$1,558 +48.6%$53,177 +50.2%
        2023$1,049 +0.9%$35,400 +3%
        2022$1,039 +3.5%$34,369 +3%
        2021$1,004 +2.1%$33,368 +3%
        2020$984 +6.9%$32,396 +2%
        2019$920 +3.6%$31,761 +3%
        2018$888 +3.9%$30,836 +3%
        2017$855 $29,935 +3%
        2015$855 +5.9%$29,066 +3%
        2014$808 $28,220
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 88345

        Getting around

        35 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Vista
        • District: Granite

        Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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