Established Income Producer! A convenient and desirable two-story income producing home, steps away from midtown. Close to shops, groceries, the river (outside the flood plain) and entertainment, yet retains the feel of a secluded getaway.
Upstairs is a 2 bd, 1 bath with washer/dryer, kitchen,livingroom and deck with wooden Rio Ruidoso views. Downstairs is a successful 8-year nightly rental business listed by Airbnb as a rare gem and guest favorite. This rental has been fully remodeled with 1 bed 1bath studio, kitchenette, extra large walk in closet, and seperate supply closet. Includes a detached 2 car sized workshop/art studio with heat, cooling and additional storage closet. Recent plumbing upgrades will simplify turning this space into a third unit for more nightly rente
For sale
$415,000
107 Terrace Dr, Ruidoso, NM 88345
3beds
1,346sqft
Est.:
Residential, Single Family Residence
Built in 1965
0.51 Acres Lot
$408,200 Zestimate®
$308/sqft
$-- HOA
What's special
- 44 days
- on Zillow |
- 217 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 08:06am
Listed by:
Amee Pardo 575-808-2467,
Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso 575-257-4011
Source: RLCMLS,MLS#: 132224

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Fireplace(s), Hot Water
Cooling
- Ceiling Fan(s), Central Air, Wall Unit(s)
Appliances
- Included: Convection Oven, Cooktop, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
Features
- Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Open Floorplan, Pantry
- Flooring: Wood
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,346
- Total interior livable area: 1,346 sqft
Property
Parking
- Parking features: Asphalt
Features
- Levels: Two,Multi/Split
- Stories: 2
- Patio & porch: Covered, Front Porch
- Has view: Yes
- View description: Creek/Stream, Forest
- Has water view: Yes
- Water view: Creek/Stream
Lot
- Size: 0.51 Acres
- Features: Irregular Lot, Near Golf Course
Details
- Additional structures: Workshop
- Parcel number: 4071064435519000000
- Other equipment: Negotiable
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Level
- Property subtype: Residential, Single Family Residence
Materials
- Stucco
- Roof: Pitched
Condition
- Updated/Remodeled
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
- Subdivision: Hamilton Terace
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $202,626
- Annual tax amount: $4,159
- Date on market: 3/13/2025
- Electric utility on property: Yes
- Road surface type: Paved
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