For sale

$995,000

247 Homestead Loop, Ruidoso, NM 88345

3beds

2,358sqft

$5,970/mo

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Single Family Residence

Built in 1984

5.57 Acres Lot

$978,600 Zestimate^®

$422/sqft

$-- HOA

What's special

Two wood-burning flagstone fireplacesImpressive sierra blanca viewsGranite countertopsHickory cabinetry

Mountain living at its finest! Beautiful 3- to 4-bedroom, 3.5-bath home on 5.5 acres adjoining National Forest with impressive Sierra Blanca views. Located in a desirable subdivision just outside Village limits, enjoy peaceful country living only minutes from town. Warm mountain character includes T&G aspen ceilings and wall accents, granite countertops, hickory cabinetry, two wood-burning flagstone fireplaces and two living areas. Current owner uses the second living area as the primary bedroom with adjacent bedroom as an office, maximizing the Sierra Blanca and forested hillside views. Large windows bring in abundant natural light. Exterior was completely re-stuccoed approximately 3 years ago.

7 days

143

5

Facts & features

Interior

Bedrooms & bathrooms

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

Rooms

Room types: Laundry, Living Room, Office, Utility Room, Workshop

Heating

Forced Air, Fireplace(s), Hot Water, Natural Gas

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Convection Oven, Cooktop, Double Oven, Dryer, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Water Softener Owned, Washer
Laundry: Gas Dryer Hookup

Features

Ceiling Fan(s), Eat-in Kitchen, Pantry, Sound System, Storage, Wired for Sound, Main Level Primary, Utility Room, Workshop
Flooring: Tile, Wood
Number of fireplaces: 2
Fireplace features: Gas Starter, Raised Hearth, Wood Burning

Interior area

Total interior livable area: 2,358 sqft

Property

Parking

Total spaces: 10
Parking features: Circular Driveway, Carport, Garage, Paved
Garage spaces: 7
Carport spaces: 3
Covered spaces: 10
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Rear Porch, Covered, Deck, Front Porch, Balcony
Exterior features: Built-in Barbecue, Balcony, Barbecue, Dog Run, Lighting, Storage
Fencing: Back Yard,Partial
Has view: Yes
View description: Mountain(s), Trees/Woods
Waterfront features: None

Lot

Size: 5.57 Acres
Features: Borders National Forest, Cleared, Gentle Sloping, Level, Sloped Up, Views

Details

Additional structures: Outbuilding, Shed(s), Storage, Workshop
Parcel number: 4074062097171000000
Zoning: R1
Other equipment: Farm Equipment, Negotiable
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: 1984

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

Community & HOA

Community

Security: Security System Owned, Closed Circuit Camera(s)
Subdivision: Homestead Acres

HOA

Amenities included: None

Location

Region: Ruidoso

Financial & listing details

Price per square foot: $422/sqft
Tax assessed value: $665,991
Annual tax amount: $5,316
Date on market: 8/7/2026
Cumulative days on market: 9 days
Listing terms: Cash,Conventional,1031 Exchange
Electric utility on property: Yes
Road surface type: Asphalt, Gravel, Paved

Estimated market value

$978,600

$930,000 - $1.03M

$2,850/mo

Price history

Date	Event	Price
8/7/2026	Listed for sale	$995,000+25.2%$422/sqft
Source: RLCMLS #134505 Report a problem
7/31/2023	Sold	--
Source: RLCMLS #17620001_128737 Report a problem
3/10/2023	Price change	$795,000-6.4%$337/sqft
Source: RLCMLS #128737 Report a problem
11/17/2022	Price change	$849,000-8.6%$360/sqft
Source: RLCMLS #128737 Report a problem
9/29/2022	Listed for sale	$929,000$394/sqft
Source: RLCMLS #128737 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,316 -0.1%	$221,997
2024	$5,321 +37.1%	$221,997 +31.5%
2023	$3,881 -2.7%	$168,869 +1.4%
2022	$3,988 +3.5%	$166,504 +3%
2021	$3,854 +2.5%	$161,654 +3%
2020	$3,761 +8%	$156,946 +2%
2019	$3,483 +3.4%	$153,869 +3%
2018	$3,368 +3.7%	$149,388 +3%
2017	$3,248	$145,023 0%
2015	$3,248 -0.2%	$145,037
2014	$3,256	$145,037