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.
For sale
$199,000
120 Lower Terrace Dr UNIT 18, Ruidoso, NM 88345
2beds
1,080sqft
Est.:
Condominium
Built in 1979
-- sqft lot
$-- Zestimate®
$184/sqft
$233/mo HOA
What's special
End unit
- 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#: 132122
Originating 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
Estimated market value
Not available
Estimated sales range
Not available
$1,594/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2025 | Price change | $199,000-7.4%$184/sqft |
Source: | ||
| 2/21/2025 | Listed for sale | $214,900$199/sqft |
Source: | ||
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
- 5/10Sierra Vista Primary SchoolGrades: PK-2Distance: 2.2 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 1.9 mi
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