Have you been waiting for a home close to the lake......Welcome to 507 ONTARIO LOCATED IN ELEPHANT BUTTE , NEW MEXICO. You will love this spacious and inviting home with its own detached 2 car garage and an amazing 18' x 60' RV/Boat shop for all your toys. Home is nestled in a quiet neighborhood within a hop skip, and jump to Elephant Butte Lake! The 1880-sq-ft main house features three generously sized bedrooms and two bathrooms, that have been remodeled. Two welcoming living areas flow naturally into a beautifully remodeled kitchen and dining room. Lots cabinets space in kitchen and a roomy laundry room. The detached 768-sq-ft 2 car garage has a patio are off the back to enjoy and evening BBQ and relaxation.
For sale
$299,000
507 Ontario Dr, Elephant Butte, NM 87935
3beds
1,881sqft
Est.:
Single Family Residence
Built in 1960
0.5 Acres Lot
$281,600 Zestimate®
$159/sqft
$-- HOA
What's special
Remodeled kitchenRoomy laundry room
- 64 days |
- 421 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: October 09, 2025 at 09:55am
Listed by:
Cheryl Shipley 509-768-1820,
Rio Mesa Realty 509-768-1820
Source: New Mexico MLS,MLS#: 20255798
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free-Standing Range, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate, Vinyl, Wood
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,881
- Total interior livable area: 1,881 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached, Garage Door Opener, RV Access/Parking
- Garage spaces: 4
Lot
- Size: 0.5 Acres
- Dimensions: 146' x 150'
Details
- Additional structures: Workshop
- Parcel number: 3020074197143
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Block - Cinder
- Roof: Pitched,Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Community
- Subdivision: Lakeshore Est 2nd Filing
HOA
- Has HOA: No
Location
- Region: Elephant Butte
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $167,784
- Annual tax amount: $1,516
- Date on market: 10/6/2025
- Electric utility on property: Yes
Estimated market value
$281,600
$268,000 - $296,000
$1,490/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2025 | Listed for sale | $299,000+274.2%$159/sqft |
Source:  New Mexico MLS #20255798 Report a problem | ||
| 8/20/2019 | Sold | -- |
Source: New Mexico MLS #20191223 Report a problem | ||
| 7/31/2019 | Pending sale | $79,900$42/sqft |
Source: RE/MAX Classic Realty #1900766 Report a problem | ||
| 7/13/2019 | Price change | $79,900+6.7%$42/sqft |
Source: RE/MAX Classic Realty #1900766 Report a problem | ||
| 7/11/2019 | Price change | $74,900-21.1%$40/sqft |
Source: RE/MAX Classic Realty #1900766 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,594 +1.6% | $55,928 +3% |
| 2023 | $1,569 +10.6% | $54,300 +3% |
| 2022 | $1,418 | $52,719 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,707/mo
Principal & interest
$1465
Property taxes
$137
Home insurance
$105
Climate risks
Neighborhood: 87935
Nearby schools
GreatSchools rating
- 5/10Sierra Elementary SchoolGrades: 4-5Distance: 3.7 mi
- 4/10T Or C Middle SchoolGrades: 6-8Distance: 3.8 mi
- 5/10Hot Springs High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: T Or C Elementary
- Middle: T Or C Middle
- 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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