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Off market
  • $383,200

    107 Terrace Dr, Ruidoso, NM 88345

    3beds
    1,346sqft
    Single Family Residence
    Built in 1965
    -- sqft lot
    $383,200 Zestimate®
    $285/sqft
    $1,915 Estimated rent

    Home value

    $383,200

    $364,000 - $402,000

    $1,915/mo

    Zestimate® history
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    Rent Zestimate®

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    $2,153/mo

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    What's special

    Turnkey 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

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 8 hours ago

    Source: BHHS broker feed,MLS#: 132224

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer
    Features
    • Cable Ready
    Interior area
    • Total structure area: 1,346
    • Total interior livable area: 1,346 sqft

    Property

    Details
    • Parcel number: 4071064435519000000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1965

    Community & neighborhood

    Location
    • Region: Ruidoso

    Price history

    DateEventPrice
    9/20/2025Listing removed$399,000$296/sqft
    Source: BHHS broker feed #132224
    5/12/2025Price change$399,000-3.9%$296/sqft
    Source: RLCMLS #132224
    3/13/2025Listed for sale$415,000-0.6%$308/sqft
    Source: RLCMLS #132224
    10/1/2024Listing removed$417,500$310/sqft
    Source: RLCMLS #130178
    4/11/2024Listed for sale$417,500-2.7%$310/sqft
    Source: RLCMLS #130178

    Public tax history

    YearProperty taxesTax assessment
    2024$1,979 -3.2%$67,542 +3%
    2023$2,044 -0.4%$65,575 +3%
    2022$2,051 +0.1%$63,665 +3%

    Find assessor info on the county website

    Neighborhood: 88345

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.