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For sale
  • Price cut: $23K (10/3)
    $874,500

    121 Merlyn Dr, Ruidoso, NM 88345

    4beds
    3,159sqft
    : 
    Single Family Residence
    Built in 2007
    2 Acres Lot
    $824,500 Zestimate®
    $277/sqft
    $-- HOA

    What's special

    Cozy gas fireplaceLuxurious kitchenHigh quality hickory cabinetsSpacious primary suiteStainless steel appliancesGorgeous granite countertopsGenerous indoor living spaces
    This beautiful 4-bedroom, 3.5-bath home sits on 2 acres with breathtaking mountain and valley views. The spacious primary suite with cozy gas fireplace is located on the main floor, offering privacy and easy access. With generous indoor living spaces, including a bonus room/loft, luxurious kitchen with stainless steel appliances, gorgeous granite countertops, large walk-in pantry and high quality hickory cabinets. The two low maintenance Trex decks off of the front and back of the home offer comfortable outdoor living space. Enjoy the security of a Generac natural gas generator, fully programmed to activate instantly in the event of a power outage. A 2-car garage and detached shed provide ample space for vehicles, tools, or recreational gear.
    140 days
    |
    151
    |
    9
    |

    Zillow last checked: 8 hours ago

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

    Listed by:

    Mirissa Good 575-573-8482,

    Better Homes & Gardens Real Estate - Steinborn & Associates 855-784-3676

    Source: RLCMLS,MLS#: 132997MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den, Dining Room, Loft, Utility Room
    Heating
    • Central, Fireplace(s), Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), Electric, Multi Units
    Appliances
    • Included: Dryer, Dishwasher, Gas Cooktop, Microwave, Water Purifier Owned, Refrigerator, Water Heater, Washer
    Features
    • Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs, Pantry, Loft, Main Level Primary, Utility Room
    • Flooring: Carpet, Tile, Wood
    • Has fireplace: Yes
    • Fireplace features: Gas, Gas Log
    Interior area
    • Total interior livable area: 3,159 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage, Paved
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Rear Porch, Covered, Deck, Front Porch
    • Exterior features: Lighting, Rain Barrel/Cistern(s), Rain Gutters, Storage
    • Fencing: Back Yard,Partial
    • Has view: Yes
    • View description: Canyon, Mountain(s), Valley, Trees/Woods
    Lot
    • Size: 2 Acres
    • Features: Level, Views
    Details
    • Additional structures: Shed(s)
    • Parcel number: 4073066060375000000
    • Zoning: R1
    • Other equipment: Generator
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Updated/Remodeled,See Remarks
    • Year built: 2007

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Camelot Mountn Tra
    Location
    • Region: Ruidoso

    Financial & listing details

    • Price per square foot: $277/sqft
    • Tax assessed value: $798,135
    • Annual tax amount: $8,995
    • Date on market: 8/6/2025
    • Cumulative days on market: 333 days
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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    Estimated market value

    $824,500

    $783,000 - $866,000

    $2,944/mo

    Price history

    Price history
    DateEventPrice
    10/3/2025Price change$874,500-2.6%$277/sqft
    Source: RLCMLS #132997 Report a problem
    8/7/2025Listed for sale$897,500-9.8%$284/sqft
    Source: RLCMLS #132997 Report a problem
    8/1/2025Listing removed$994,500$315/sqft
    Source: BHHS broker feed #131982 Report a problem
    6/3/2025Price change$994,500-5.3%$315/sqft
    Source: RLCMLS #131982 Report a problem
    1/22/2025Listed for sale$1,050,000-4.5%$332/sqft
    Source: RLCMLS #131982 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $266,045
    2023-- $266,045 +39%
    2022-- $191,356 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $4,091/mo
    Principal & interest
    $3391
    Property taxes
    $394
    Home insurance
    $306

      Climate risks

      Neighborhood: 88345

      Nearby schools

      GreatSchools rating

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