Charming single-story, 2-bedroom, 2-bathroom condominium offering easy, low-maintenance living in a convenient in-town location. This fully furnished unit is move-in ready, making it perfect for a full-time residence, vacation getaway, or investment opportunity. Enjoy year-round comfort with central air and heat, and relax by the cozy wood-burning fireplace with gas starter on cooler evenings. Ideally situated just minutes from shopping, dining, and local amenities, this property combines comfort, convenience, and value.
For sale
$225,000
120 Lower Terrace Dr Unit 8, Ruidoso, NM 88345
2beds
1,080sqft
Est.:
Condominium
Built in 1979
-- sqft lot
$-- Zestimate®
$208/sqft
$233/mo HOA
What's special
Fully furnished unitCentral air and heat
- 9 hours |
- 57 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: 16 hours ago
Listed by:
Curtis Hunt 806-946-7589,
Zia Real Estate 575-258-8656
Source: RLCMLS,MLS#: 133843
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Originating MLS: Ruidoso Lincoln County Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Fireplace(s), Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Washer/Dryer Stacked, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Stacked
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile
- Number of fireplaces: 1
- Fireplace features: Gas Starter, Wood Burning
- Furnished: Yes
Interior area
- Total interior livable area: 1,080 sqft
Property
Parking
- Parking features: On Site, Paved
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Covered, Deck, Front Porch
- Exterior features: Rain Gutters
- Has view: Yes
- View description: Golf Course
Lot
- Features: On Golf Course, Views
Details
- Zoning: R3
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Mountain
- Property subtype: Condominium
Materials
- Masonite
- Roof: Metal
Condition
- Other
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- 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: $208/sqft
- Annual tax amount: $1,511
- Date on market: 3/30/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,1031 Exchange,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Listed for sale | $225,000$208/sqft |
Source:  RLCMLS #133843 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$1,494/mo
Principal & interest
$1160
HOA Fees
$233
Property taxes
$101
More affordability tools
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: 1.8 mi
Local experts in 88345
- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 120 Lower Terrace Dr Unit 8
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Nearby zip codes
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