Exceptional Income-Producing Property (More than $17,500/month currently-with MORE ROOM to GROW) on the Rio Ruidoso on approx.1.5 acres; includes 2 Bedroom 2 Bath Lodge, perfectly suited for on-site management or as a comfortable owner's residence, 10 One-Bedroom/1 Bath Cabins, 12 Studio Cabins - Equipped with kitchenettes, 3 Site-Built Cabins, 3 RV Pads, Retail Space/Baker's Kitchen ideal for generating revenue or serving as a welcome/management office; Pie Kitchen with display case & Woodfire pizza oven,and spacious Gathering Room for retail, parties, reunions-LOT OF POSSIBILITIES; 7 Storage Units -Rent out for additional cash flow! Party pavillion, too, and property is UNAFFECTED BY FLOOD or FIRE, and offers DIVERSE RENTAL OPTIONS for STEADY OCCUPANCY and CONSISTENT REVENUE STREAMS!
For sale
$2,800,000
616 Sudderth Dr, Ruidoso, NM 88345
1beds
13,057sqft
Est.:
Duplex, Multi Family, Multi Family, Single Family Residence
Built in 1950
-- sqft lot
$-- Zestimate®
$214/sqft
$-- HOA
What's special
Spacious gathering roomEquipped with kitchenettes
- 124 days |
- 174 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 04:05am
Listed by:
Rusty & Kelli Shelton 575-937-8056,
Southern New Mexico Realty 575-257-1111
Source: RLCMLS,MLS#: 133204
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Originating MLS: Ruidoso Lincoln County Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Dining Room, Laundry, Living Room, Utility Room, Workshop
Heating
- Forced Air, Fireplace(s), Natural Gas, Wood Stove
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
Features
- Storage, Main Level Primary, Utility Room, Workshop
- Flooring: Carpet, Tile
- Has fireplace: Yes
- Fireplace features: Other, See Remarks
Interior area
- Total interior livable area: 13,057 sqft
Property
Parking
- Parking features: On Site, Parking Lot, RV Access/Parking
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Fencing: Partial
- Has view: Yes
- View description: River, Trees/Woods
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, Waterfront
Lot
- Size: 1.56 Acres
- Features: Corner Lot, Level, Waterfront
Details
- Additional structures: Storage, Workshop
- Parcel number: H10016320327E092129
- Zoning: C2
- Horse amenities: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cabin
- Property subtype: Duplex, Multi Family, Multi Family, Single Family Residence
- Attached to another structure: Yes
Materials
- Frame, Log
- Roof: Metal,Pitched
Condition
- Updated/Remodeled,See Remarks
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Palmer Gateway
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $214/sqft
- Tax assessed value: $6,819
- Annual tax amount: $4,293
- Date on market: 10/3/2025
- Cumulative days on market: 126 days
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
- Road surface type: Paved
- Body type: Single Wide
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Listed for sale | $2,800,000$214/sqft |
Source:  RLCMLS #133204 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $67 -3.2% | $2,273 +3% |
| 2023 | $69 -0.4% | $2,207 +3% |
| 2022 | $69 +0.1% | $2,143 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,097/mo
Principal & interest
$10857
Property taxes
$1260
Home insurance
$980
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 5/10Sierra Vista Primary SchoolGrades: PK-2Distance: 3.1 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 1.8 mi
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