This beautifully remodeled home is packed with tons of upgrades that you will love! Featuring a new metal roof, electrical, plumbing, ducting, AC unit, flooring, windows, and fully updated bathrooms and kitchen. Tucked among the trees in central Ruidoso, you can watch the various wildlife on the brand-new Trex front deck or relax in your large backyard. You're a short 5 minute drive from Midtown shopping and dining, and just as close to Walmart, the best of both worlds! The kitchen and baths showcase custom soft-close cabinets for style and your convenience.Updated photos coming soon as finished!
For sale
Price cut: $10K (12/19)
$479,000
162 Reese Dr, Ruidoso, NM 88345
3beds
1,511sqft
Est.:
Single Family Residence
Built in 1960
0.25 Acres Lot
$-- Zestimate®
$317/sqft
$-- HOA
What's special
New metal roofLarge backyardCustom soft-close cabinetsBrand-new trex front deckTucked among the treesFully updated bathrooms
- 178 days |
- 200 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 21, 2025 at 10:18am
Listed by:
Sara McMasters 575-973-8262,
Rise Real Estate 575-937-6742
Source: RLCMLS,MLS#: 132887
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator
Features
- Ceiling Fan(s)
- Has fireplace: Yes
- Fireplace features: Wood Burning
- Furnished: Yes
Interior area
- Total interior livable area: 1,511 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Fencing: Back Yard
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.25 Acres
- Features: Interior Lot, Level
Details
- Parcel number: 4074065119272000000
- Zoning: R1
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Stucco
Condition
- Updated/Remodeled
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Subdivision: Charlie Culver Subdivision
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $317/sqft
- Tax assessed value: $115,896
- Annual tax amount: $5,001
- Date on market: 7/4/2025
- Cumulative days on market: 180 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Other,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 |
|---|---|---|
| 12/19/2025 | Price change | $479,000-2%$317/sqft |
Source: | ||
| 9/24/2025 | Price change | $489,000-2%$324/sqft |
Source: | ||
| 7/5/2025 | Price change | $499,000+150.8%$330/sqft |
Source: | ||
| 10/1/2024 | Listed for sale | $199,000$132/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,162 +4.5% | $38,632 +3% |
| 2023 | $1,111 +0.9% | $37,507 +3% |
| 2022 | $1,101 +3.5% | $36,414 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,685/mo
Principal & interest
$2301
Property taxes
$216
Home insurance
$168
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 5/10Sierra Vista Primary SchoolGrades: PK-2Distance: 3.2 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 1.7 mi
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