For sale

Price cut: $1.5K (3/19)

$373,500

241 Junction Rd, Ruidoso, NM 88345

4beds

1,790sqft

Est.: Get pre-qualified

Single Family Residence

Built in 1972

0.3 Acres Lot

$-- Zestimate^®

$209/sqft

$-- HOA

What's special

Modern renovationsHot tubSleek countertopsPrivate hot tubOpen-concept kitchenUpdated bathroomsHigh-end appliances

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 chef’s 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.

255 days

152

20

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bathroom

Features: Double Sinks

Heating

Natural Gas

Cooling

Refrigerated

Appliances

Included: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Gas Water Heater

Features

Ceiling Fan(s)
Flooring: Tile, Wood
Doors: Sliding Doors
Windows: Double Pane Windows, Blinds
Basement: Crawl Space
Number of fireplaces: 2
Fireplace features: Gas Log, Living Room, Master Bedroom

Interior area

Total structure area: 1,790
Total interior livable area: 1,790 sqft

Property

Parking

Parking features: No Garage

Features

Levels: One
Stories: 1
Spa features: Heated
Fencing: Other

Lot

Size: 0.3 Acres

Details

Parcel number: 4074065036445

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Siding
Roof: Metal

Condition

New construction: No
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: $209/sqft
Tax assessed value: $159,531
Annual tax amount: $1,557
Date on market: 9/19/2025

Estimated market value

Not available

Estimated sales range

Not available

Price history

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

Public tax history

Year	Property taxes	Tax assessment
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

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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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