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For sale
  • Price cut: $27K (1/19)
    $498,000

    174 Meander Dr, Ruidoso, NM 88345

    2beds
    1,725sqft
    : 
    Single Family Residence
    Built in 1964
    0.43 Acres Lot
    $-- Zestimate®
    $289/sqft
    $-- HOA

    What's special

    Water wellSprinkler systemLow-maintenance landscapingPaved circular drivewayRiver viewKitchen islandSpacious master bedroom
    This home on the river is the one you have been looking for! Spacious two bedroom, two bath, one level. It is located on one of Ruidoso's favorite streets and has a paved circular driveway with low-maintenance landscaping. The spacious master bedroom features a living area and a large picture window with a river view. There is access to the backyard's multi-deck and sitting areas through the French door in the master bedroom. The second bedroom is also very spacious. The kitchen features ample storage cabinetry and a kitchen island.The multilevel backyard leads to the river and includes a covered porch, open deck, concrete walkway, large covered patio with a hot tub, and a multiuse shed. It is fenced, has a sprinkler system, and a water well for convenience.
    338 days
    |
    102
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 26, 2026 at 10:50pm

    Listed by:

    Angie R Olivas 575-937-6828,

    Cozy Cabins Real Estate DBA NM Homes & Land 575-802-0207

    Source: RLCMLS,MLS#: 132465MLS LogoOriginating 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: Bonus Room, Laundry, Living Room, Workshop
      Heating
      • Central, Fireplace(s), Natural Gas, Pellet Stove
      Cooling
      • Central Air
      Appliances
      • Included: Double Oven, Dishwasher, Disposal, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
      Features
      • Eat-in Kitchen, Open Floorplan, Pantry, Storage, Main Level Primary, Workshop
      • Flooring: Carpet, Tile, Wood
      • Number of fireplaces: 2
      • Fireplace features: Gas, Wood Burning
      Interior area
      • Total interior livable area: 1,725 sqft

      Property

      Parking
      • Parking features: Asphalt, Driveway, On Site
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Rear Porch, Covered, Deck, Front Porch, Patio
      • Exterior features: Storage
      • Fencing: Back Yard,Fenced
      • Has view: Yes
      • View description: River, Trees/Woods
      • Has water view: Yes
      • Water view: River
      • Waterfront features: River Access, Waterfront
      Lot
      • Size: 0.43 Acres
      • Features: Level, Wooded, Waterfront
      Details
      • Additional structures: Storage, Workshop
      • Parcel number: 4074065040313000000
      • Zoning: R1
      • Other equipment: Other
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • Year built: 1964

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Palmer Gateway
      HOA
      • Amenities included: None
      • Services included: None
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $289/sqft
      • Tax assessed value: $384,057
      • Annual tax amount: $3,750
      • Date on market: 4/30/2025
      • Cumulative days on market: 338 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,178/mo

        Price history

        Price history
        DateEventPrice
        1/19/2026Price change$498,000-5.1%$289/sqft
        Source: RLCMLS #132465 Report a problem
        10/9/2025Price change$525,000-10.7%$304/sqft
        Source: RLCMLS #132465 Report a problem
        7/2/2025Price change$588,000-6.7%$341/sqft
        Source: RLCMLS #132465 Report a problem
        4/30/2025Listed for sale$630,000$365/sqft
        Source: RLCMLS #132465 Report a problem
        9/26/2013Sold--
        Source: Agent Provided Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$3,750 -3.2%$128,019 +3%
        2023$3,874 -0.4%$124,290 +3%
        2022$3,888 +0.1%$120,670 +3%
        2021$3,885 +3.9%$117,156 +3%
        2020$3,738 +6.5%$113,743 +2%
        2019$3,511 +0.7%$111,512
        2018$3,486 -1.8%$111,512 +0%
        2017$3,548 $111,501 +3%
        2015$3,548 +18%$108,264 +3%
        2014$3,008 $105,111

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,753/mo
        Principal & interest
        $2529
        Property taxes
        $224
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          Climate risks

          Neighborhood: 88345

          Getting around

          22 / 100
          Car-Dependent
          10 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 88345

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