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For sale
  • Price cut: $1.5K (3/19)
    $373,500

    241 Junction Rd, Ruidoso, NM 88345

    4beds
    1,790sqft
    : 
    Single Family Residence
    Built in 1972
    0.3 Acres Lot
    $-- Zestimate®
    $209/sqft
    $-- HOA

    What's special

    Modern renovationsHot tubSleek countertopsPrivate hot tubOpen-concept kitchenUpdated bathroomsHigh-end appliances
    This beautifully renovated 4-bedroom, 2.5-bath home offers the perfect blend of modern living and investment opportunity. Located just minutes from downtown, this property is currently a fully operational Airbnb, boasting impressive yearly returns — making it an ideal purchase for both homeowners and investors alike. Key Features: 4 Spacious Bedrooms: Plenty of room for many guests, or additional income opportunities. 2.5 Bathrooms: Tastefully updated bathrooms featuring contemporary fixtures and finishes. Open-Concept Kitchen: A chef’s dream with sleek countertops, high-end appliances, and an open layout that flows seamlessly into the living and dining areas, perfect for entertaining. Hot Tub: Enjoy relaxation at its finest with a private hot tub, perfect for unwinding after a long day. Modern Renovations: Every inch of this home has been thoughtfully updated with style and functionality in mind.
    191 days
    |
    423
    |
    21
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 18, 2026 at 05:07pm

    Listed by:

    Jared English 888-881-4118,

    Congress Realty, Inc. 888-881-4118

    Source: New Mexico MLS,MLS#: 20255438MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bathroom
      • Features: Double Sinks
      Heating
      • Natural Gas
      Cooling
      • Refrigerated
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Gas Water Heater
      Features
      • Ceiling Fan(s)
      • Flooring: Tile, Wood
      • Doors: Sliding Doors
      • Windows: Double Pane Windows, Blinds
      • Basement: Crawl Space
      • Number of fireplaces: 2
      • Fireplace features: Gas Log, Living Room, Master Bedroom
      Interior area
      • Total structure area: 1,790
      • Total interior livable area: 1,790 sqft

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: One
      • Stories: 1
      • Spa features: Heated
      • Fencing: Other
      Lot
      • Size: 0.3 Acres
      Details
      • Parcel number: 4074065036445

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1972

      Community & HOA

      Community
      • Security: Audio/Video Surveillance, Carbon Monoxide Detector(s)
      • Subdivision: Palmer Gateway Sd
      HOA
      • Has HOA: No
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $209/sqft
      • Tax assessed value: $159,531
      • Annual tax amount: $1,557
      • Date on market: 9/19/2025
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/19/2026Price change$373,500-0.4%$209/sqft
        Source: New Mexico MLS #20255438 Report a problem
        1/9/2026Price change$375,000-1.2%$209/sqft
        Source: New Mexico MLS #20255438 Report a problem
        12/8/2025Price change$379,369-1.6%$212/sqft
        Source: New Mexico MLS #20255438 Report a problem
        9/19/2025Listed for sale$385,369-3.6%$215/sqft
        Source: New Mexico MLS #20255438 Report a problem
        8/16/2025Listing removed$399,950$223/sqft
        Source: RLCMLS #130080 Report a problem
        5/19/2025Price change$399,950-3.6%$223/sqft
        Source: RLCMLS #130080 Report a problem
        12/20/2024Price change$415,000-1.2%$232/sqft
        Source: RLCMLS #130080 Report a problem
        8/10/2024Listed for sale$419,950$235/sqft
        Source: RLCMLS #130080 Report a problem
        11/27/2023Listing removed--
        Source: RLCMLS #130080 Report a problem
        10/27/2023Price change$419,950-1.2%$235/sqft
        Source: RLCMLS #130080 Report a problem
        10/11/2023Price change$425,000-1.2%$237/sqft
        Source: RLCMLS #130080 Report a problem
        10/8/2023Price change$430,000-1.1%$240/sqft
        Source: RLCMLS #130080 Report a problem
        8/28/2023Price change$435,000+118.6%$243/sqft
        Source: RLCMLS #130080 Report a problem
        12/28/2022Price change$199,000-4.8%$111/sqft
        Source: RLCMLS #128950 Report a problem
        11/22/2022Listed for sale$209,000$117/sqft
        Source: RLCMLS #128950 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$1,558 +48.6%$53,177 +50.2%
        2023$1,049 +0.9%$35,400 +3%
        2022$1,039 +3.5%$34,369 +3%
        2021$1,004 +2.1%$33,368 +3%
        2020$984 +6.9%$32,396 +2%
        2019$920 +3.6%$31,761 +3%
        2018$888 +3.9%$30,836 +3%
        2017$855 $29,935 +3%
        2015$855 +5.9%$29,066 +3%
        2014$808 $28,220

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,051/mo
        Principal & interest
        $1883
        Property taxes
        $168
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          Climate risks

          Neighborhood: 88345

          Getting around

          35 / 100
          Car-Dependent
          13 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Sierra Vista
          • Middle: Ruidoso
          • High: Ruidoso

          Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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