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For sale
  • Price cut: $15.5K (2/6)
    $499,500

    40 Karr Canyon Rd, La Luz, NM 88325

    4beds
    3,003sqft
    : 
    Single Family Residence
    Built in 1960
    0.97 Acres Lot
    $-- Zestimate®
    $166/sqft
    $-- HOA

    What's special

    Gurgling brook belowDouble garageHuge parking areaLots of storagePatio furnitureInflatable spaLvp flooring
    MUST SEE 3000+ 4 bedroom/3 bath w/study/hobby room, double garage home. NEW: LVP flooring, stainless appliances, granite countertops, lighting pkg, sink, toilets, paint, custom rock stone wall, address monument, patio tiles, Edison lighting, etc. This property boasts a breathtaking view, generous upper and lower patios and huge parking area. Lots of storage. Apple trees, patio furniture and inflatable spa (new). Count your blessings while listening to the gurgling brook below. Septic has been inspected and approved. No HOA!
    22 days
    |
    790
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tamara Bailey 575-802-3967,

    Century 21 Aspen Real Estate 575-257-9057

    Source: RLCMLS,MLS#: 133545MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Living Room, Media Room
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Water Softener Owned, Stainless Steel Appliance(s), Water Heater
    Features
    • Ceiling Fan(s), Storage, Main Level Primary
    • Flooring: Laminate
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 3,003 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener, Paved, Parking Pad
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Patio, Balcony
    • Exterior features: Balcony, Fire Pit, Lighting
    • Fencing: Partial
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.97 Acres
    • Features: Sloped Down, Gentle Sloping, Irregular Lot, Views
    Details
    • Additional structures: None
    • Parcel number: R026850
    • Zoning: R1
    • Other equipment: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • Year built: 1960

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Not Available, Propane, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: High Rolls Mountain Park
    HOA
    • Has HOA: Yes
    • Amenities included: Spa/Hot Tub
    Location
    • Region: La Luz

    Financial & listing details

    • Price per square foot: $166/sqft
    • Tax assessed value: $240,399
    • Annual tax amount: $4,266
    • Date on market: 1/21/2026
    • Cumulative days on market: 29 days
    • Listing terms: Cash,Conventional,FHA
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    2/6/2026Price change$499,500-3%$166/sqft
    Source: OCMLS #172093 Report a problem
    1/26/2026Listed for sale$515,000-2.3%$171/sqft
    Source: RLCMLS #133545 Report a problem
    12/11/2025Listing removed$527,000$175/sqft
    Source: RLCMLS #132584 Report a problem
    11/20/2025Price change$527,000-4.2%$175/sqft
    Source: OCMLS #171011 Report a problem
    9/15/2025Price change$550,000-1.8%$183/sqft
    Source: OCMLS #171011 Report a problem
    8/28/2025Price change$560,000-3.3%$186/sqft
    Source: RLCMLS #132584 Report a problem
    8/8/2025Price change$579,000-1.7%$193/sqft
    Source: OCMLS #171011 Report a problem
    7/25/2025Price change$589,000-1.7%$196/sqft
    Source: RLCMLS #132584 Report a problem
    7/1/2025Price change$599,000-6.1%$199/sqft
    Source: OCMLS #171011 Report a problem
    6/7/2025Price change$638,000-7.3%$212/sqft
    Source: OCMLS #171011 Report a problem
    5/20/2025Listed for sale$688,000$229/sqft
    Source: OCMLS #171011 Report a problem
    5/27/2009Sold--
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$1,491 +1.3%$80,133 +3%
    2023$1,472 +2.6%$77,799 +3%
    2022$1,434 -0.1%$75,533 +3%
    2021$1,436 +0.2%$73,333
    2020$1,433 +22.5%$73,333 +22.7%
    2019$1,170 +2.7%$59,758 +1%
    2018$1,139 +8.5%$59,167
    2017$1,050 -2.3%$59,167 -3.3%
    2016$1,075 $61,200 -25.1%
    2015-- $81,709

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,813/mo
    Principal & interest
    $2576
    Property taxes
    $237

      Climate risks

      Neighborhood: 88325

      Nearby schools

      GreatSchools rating

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