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For sale
  • $199,000

    120 Lower Terrace Dr UNIT 18, Ruidoso, NM 88345

    2beds
    1,080sqft
    : 
    Condominium
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $184/sqft
    $233/mo HOA

    What's special

    End unit
    Clean and neat end unit on bottom level at conveniently located Fairway Meadows Condominiums... perennially a well kept and desired complex...walking distance to midtown and a major super market...has been a long term rental. Lease purchase possibility.
    317 days
    |
    80
    |
    1
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 10, 2025 at 04:16am

    Listed by:

    Scott L. Roser 575-808-1297,

    Roser Real Estate 575-973-5957,

    Marley Elizabeth Roser 575-973-5957,

    Roser Real Estate

    Source: RLCMLS,MLS#: 132122MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Living Room
    Heating
    • Central, Forced Air, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
    • Laundry: Stacked
    Features
    • Breakfast Bar, Ceiling Fan(s), Primary Downstairs, Open Floorplan, Pantry, Main Level Primary
    • Flooring: Carpet, Laminate, Tile
    • Number of fireplaces: 1
    • Fireplace features: Raised Hearth
    Interior area
    • Total interior livable area: 1,080 sqft

    Property

    Parking
    • Parking features: On Site, Paved, Parking Lot, Shared Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Rear Porch, Front Porch, Balcony
    • Exterior features: Balcony
    • Fencing: None
    • Has view: Yes
    • View description: Trees/Woods
    • Waterfront features: None
    Lot
    • Features: Gentle Sloping, Wooded
    Details
    • Zoning: R1
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mountain
    • Property subtype: Condominium
    Materials
    • Wood Siding
    • Roof: Metal
    Condition
    • See Remarks
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Fairway Meadows Cond
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
    • HOA fee: $700 quarterly
    Location
    • Region: Ruidoso

    Financial & listing details

    • Price per square foot: $184/sqft
    • Annual tax amount: $2,154
    • Date on market: 2/21/2025
    • Cumulative days on market: 317 days
    • Listing terms: Cash,Conventional,FHA,Lease Purchase,VA Loan
    • Electric utility on property: Yes
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,594/mo

    Price history

    Price history
    DateEventPrice
    5/16/2025Price change$199,000-7.4%$184/sqft
    Source: RLCMLS #132122 Report a problem
    2/21/2025Listed for sale$214,900$199/sqft
    Source: RLCMLS #132122 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $1,165/mo
    Principal & interest
    $772
    HOA Fees
    $233
    Other costs
    $159

      Climate risks

      Neighborhood: 88345

      Nearby schools

      GreatSchools rating

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