This 0.80 acre property is made up of three separate lots and offers an opportunity to own land with established access. An existing paved driveway provides a strong starting point for future development.Located within a recovering forested area, the property now benefits from increased sunlight and newly opened views, creating an ideal setting for a thoughtfully designed mountain home. The multiple lots allow flexibility for building, resale, or long-term holding, subject to local zoning and regulations.
Lot/land
Price cut: $352.9K (1/14)
$47,000
103 Tahoe Dr, Ruidoso, NM 88345
--beds
--baths
0.81Acres
Unimproved Land
Built in ----
0.81 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Existing paved drivewayNewly opened viewsBenefits from increased sunlight
- 77 days |
- 69 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: January 19, 2026 at 09:58am
Listed by:
Lily M Mendenall 575-686-9270,
Future Real Estate 575-415-4039
Source: RLCMLS,MLS#: 133503
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Facts & features
Property
Parking
- Parking features: Paved
Features
- Fencing: None
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 0.81 Acres
- Features: Cleared, Sloped Up
Details
- Parcel number: 4072062059185
- Zoning: R1
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Subdivision: Forest Heights Amended
Location
- Region: Ruidoso
Financial & listing details
- Tax assessed value: $398,685
- Annual tax amount: $3,893
- Date on market: 1/14/2026
- Cumulative days on market: 78 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2026 | Price change | $47,000-88.2% |
Source: | ||
| 10/6/2021 | Pending sale | $399,900 |
Source: | ||
| 9/24/2021 | Listed for sale | $399,900 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,893 -3.4% | $132,895 +2.7% |
| 2023 | $4,032 -0.6% | $129,345 +2.7% |
| 2022 | $4,057 +44.3% | $125,898 +36.3% |
| 2021 | $2,812 +1.9% | $92,351 +2.6% |
| 2020 | $2,759 +6.5% | $89,981 +1.8% |
| 2019 | $2,590 +3.2% | $88,432 +2.6% |
| 2018 | $2,509 | $86,177 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 6/10White Mountain Elementary SchoolGrades: 3-5Distance: 0.6 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 2.2 mi
Local experts in 88345
- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 103 Tahoe Dr




