Exceptional Lakefront Property with Panoramic Elephant Butte Lake Views Discover the perfect blend of comfort and natural beauty in this thoughtfully designed 1,941 square foot residence, where breathtaking views of Elephant Butte Lake create an ever-changing backdrop for daily life. This distinguished two-bedroom, two-bathroom home welcomes you with an expansive living room that serves as the heart of the residence, featuring multiple strategically positioned windows that frame the stunning lake vistas and fill the space with natural light throughout the day. The property's thoughtful layout maximizes the spectacular scenery, allowing you to appreciate the serene waters and dramatic landscape from various vantage points within the home. Whether you're enjoying your morning coffee or entertaining guests, the panoramic lake views provide a constant connection to the tranquil beauty of this remarkable location. Practical amenities enhance the property's appeal, including a detached two-car garage for secure vehicle storage and an additional detached garage/workshop space, perfect for hobbyists, craftspeople, or those requiring extra storage and workspace. The generous 0.68-acre lot provides exceptional flexibility and space, comfortably accommodating recreational vehicles and boats while maintaining the property's open, spacious feel. Location advantages further distinguish this exceptional offering. The residence enjoys convenient proximity to Marina del Sur, making lake activities and water recreation easily accessible, while the nearby Sierra del Rio Golf Course caters to golf enthusiasts seeking world-class fairways just minutes from home. This remarkable property represents an outstanding opportunity to embrace lakefront living while enjoying modern conveniences and recreational amenities. The combination of stunning natural beauty, practical features, and prime location creates an ideal setting for those seeking a distinctive lifestyle in one of the region's most desirable areas.
For sale
$350,000
506 Catfish Rd, Elephant Butte, NM 87935
2beds
1,941sqft
Est.:
Single Family Residence
Built in 1960
0.68 Acres Lot
$-- Zestimate®
$180/sqft
$-- HOA
What's special
Strategically positioned windowsThoughtful layoutPanoramic lake viewsStunning lake vistasNatural light
- 251 days |
- 261 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 10:30am
Listed by:
Rachel Woodard 575-740-0012,
Homesteaders Realty 575-744-5283
Source: New Mexico MLS,MLS#: 20251882
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bathroom
- Features: Dressing Area
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Refrigerated
Appliances
- Included: Dryer, Microwave, Free-Standing Range, Refrigerator, Washer
Features
- Walk-In Closet(s)
- Flooring: Tile, Vinyl
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,941
- Total interior livable area: 1,941 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, RV Access/Parking
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
Lot
- Size: 0.68 Acres
Details
- Additional structures: Second Garage
- Parcel number: 3019073377319
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Pitched,Propanel
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Hot Springs Landing South
HOA
- Has HOA: No
Location
- Region: Elephant Butte
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $180,462
- Annual tax amount: $2,837
- Date on market: 4/3/2025
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2025 | Listed for sale | $350,000$180/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,463 +1.5% | $60,154 +3% |
| 2023 | $1,442 +12.1% | $58,402 +3% |
| 2022 | $1,286 | $56,700 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,998/mo
Principal & interest
$1715
Property taxes
$160
Home insurance
$123
Climate risks
Neighborhood: 87935
Nearby schools
GreatSchools rating
- 5/10Sierra Elementary SchoolGrades: 4-5Distance: 4.5 mi
- 4/10T Or C Middle SchoolGrades: 6-8Distance: 4.7 mi
- 5/10Hot Springs High SchoolGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Truth Or Consequences
- Middle: Truth Or Consequences
- High: Hot Springs High
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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