For sale

$280,000

51 Marina Rd, Elephant Butte, NM 87935

3beds

1,280sqft

$1,815/mo

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Single Family Residence, Residential

Built in 1960

0.51 Acres Lot

$266,700 Zestimate^®

$219/sqft

$-- HOA

What's special

Multiple living spacesApproximately half an acreGenerous cabinetryExpansive elevated deck

Escape to peaceful lake-area living with this inviting two-story, 3-bedroom, 2-bath home situated on approximately half an acre with beautiful lake and desert views. The home offers a functional layout with an open kitchen and living area, generous cabinetry, multiple living spaces, and mini-split systems for added comfort. Step outside to an expansive elevated deck, perfect for enjoying morning coffee, evening sunsets, or entertaining while taking in the surrounding scenery. A covered patio below provides additional outdoor living space. The spacious lot features RV access with plenty of room for boats, trailers, recreational vehicles, and additional parking. A large detached garage provides excellent space for vehicles, storage, hobbies, or a workshop. Whether you're looking for a full-time residence, weekend retreat, or recreational getaway, this unique property offers privacy, versatility, incredible views, and plenty of room to enjoy the lake lifestyle.

3 days
153
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Mud Room

Heating

Natural Gas Available

Cooling

Evaporative Cooling

Appliances

Laundry: Utility Room

Features

Flooring: Flooring Foundation: Slab
Windows: Low Emissivity Windowsmissivity Windows

Interior area

Total structure area: 1,280
Total interior livable area: 1,280 sqft

Property

Parking

Total spaces: 3
Parking features: Garage, Carport
Garage spaces: 2
Carport spaces: 1
Covered spaces: 3
Details: Carport Type: Covered

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Patio, Deck
Exterior features: Balcony, RV Access
Fencing: Rock,Iron
Has view: Yes

Lot

Size: 0.51 Acres
Dimensions: .51 to .75 AC
Features: Amenities: View Mountains, Amenities: High Speed Internet, Amenities: View Valley

Details

Additional structures: Workshop Detached, RV Garage
Parcel number: 3019072471244

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence, Residential

Materials

Board & Batten Siding
Roof: Pitched

Condition

New construction: No
Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: City Gas

Community & HOA

Community

Subdivision: Mims Subdivision/T Or C

HOA

Has HOA: No

Location

Region: Elephant Butte

Financial & listing details

Price per square foot: $219/sqft
Tax assessed value: $155,565
Annual tax amount: $1,367
Date on market: 9/8/2026

Estimated market value

$266,700

$253,000 - $280,000

$1,280/mo

Price history

Date	Event	Price
9/8/2026	Listed for sale	$280,000$219/sqft
Source: SNMMLS as distributed by MLS GRID #2602879 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,367 +7.2%	$51,855 +5%
2024	$1,275 -0.2%	$49,386
2023	$1,277 +11.6%	$49,386 +3%
2022	$1,144	$47,948 +3%
2021	--	$46,551
2020	--	$46,551 -0.3%
2018	--	$46,673
2017	--	$46,673
2016	--	$46,673
2015	--	$46,673 +67.9%
2014	--	$27,801
2013	--	--
2011	--	--
2010	--	--