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For sale
  • Price cut: $10K (12/19)
    $479,000

    162 Reese Dr, Ruidoso, NM 88345

    3beds
    1,511sqft
    : 
    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
    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!
    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#: 132887MLS LogoOriginating 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
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/19/2025Price change$479,000-2%$317/sqft
    Source: RLCMLS #132887 Report a problem
    9/24/2025Price change$489,000-2%$324/sqft
    Source: RLCMLS #132887 Report a problem
    7/5/2025Price change$499,000+150.8%$330/sqft
    Source: RLCMLS #132887 Report a problem
    10/1/2024Listed for sale$199,000$132/sqft
    Source: RLCMLS #131664 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

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