Welcome to this beautifully maintained single-level retreat nestled in the serene mountain village of Ruidoso, New Mexico. Generous open-concept living: the spacious living room flows seamlessly into the dining area and kitchen--ideal for casual living and entertaining. Comfortable sleeping quarters: three well-sized bedrooms and two full baths. Built in 1995 and in a solid Southwest home style, the home blends nicely with the mountain-town character of the area. With its size, lot and setting, this property represents a rare opportunity--especially for someone seeking primary residence, weekend getaway or mountain-town investment property!
For sale
Price cut: $26.5K (2/17)
$398,500
111 University Dr, Ruidoso, NM 88345
3beds
2,257sqft
Est.:
Single Family Residence
Built in 1995
0.4 Acres Lot
$-- Zestimate®
$177/sqft
$-- HOA
What's special
Open-concept livingWell-sized bedroomsComfortable sleeping quarters
- 137 days |
- 1,954 |
- 67 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: February 17, 2026 at 03:37pm
Listed by:
Leslie Sisk 575-937-8782,
Mountain Home Properties NM 575-315-1885
Source: RLCMLS,MLS#: 133289
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: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bonus Room
Primary bedroom
- Level: Main
Heating
- Forced Air, Fireplace(s), Natural Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Washer
Features
- Breakfast Bar, Ceiling Fan(s), Storage
- Flooring: Carpet, Tile
- Number of fireplaces: 2
- Fireplace features: Wood Burning
- Furnished: Yes
Interior area
- Total interior livable area: 2,257 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Circular Driveway, Garage, RV Access/Parking
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Courtyard
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 0.4 Acres
- Features: Interior Lot, Sloped Up, Wooded
Details
- Parcel number: 4072062198118000000
- Zoning: R1
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Metal,Pitched
Condition
- See Remarks
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Airport West 2nd Addition
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $379,500
- Annual tax amount: $3,803
- Date on market: 11/1/2025
- Cumulative days on market: 139 days
- Listing terms: Cash,Conventional,1031 Exchange,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Price change | $398,500-6.2%$177/sqft |
Source:  RLCMLS #133289 Report a problem | ||
| 11/1/2025 | Listed for sale | $425,000-3.4%$188/sqft |
Source: RLCMLS #133289 Report a problem | ||
| 10/1/2025 | Listing removed | $439,900$195/sqft |
Source: RLCMLS #130717 Report a problem | ||
| 6/8/2025 | Price change | $439,900-2.2%$195/sqft |
Source: RLCMLS #130717 Report a problem | ||
| 11/19/2024 | Price change | $449,900-4.1%$199/sqft |
Source: RLCMLS #130717 Report a problem | ||
| 9/23/2024 | Price change | $469,000-2.1%$208/sqft |
Source: RLCMLS #130717 Report a problem | ||
| 7/3/2024 | Price change | $479,000-3.8%$212/sqft |
Source: RLCMLS #130717 Report a problem | ||
| 6/15/2024 | Listed for sale | $498,000$221/sqft |
Source: RLCMLS #130717 Report a problem | ||
| 6/3/2024 | Contingent | $498,000$221/sqft |
Source: RLCMLS #130717 Report a problem | ||
| 3/16/2024 | Price change | $498,000+4.8%$221/sqft |
Source: RLCMLS #130717 Report a problem | ||
| 6/5/2023 | Price change | $475,000-13.5%$210/sqft |
Source: RLCMLS #128826 Report a problem | ||
| 10/17/2022 | Listed for sale | $549,000+96.1%$243/sqft |
Source: RLCMLS #128826 Report a problem | ||
| 6/7/2019 | Listing removed | $279,900$124/sqft |
Source: Coldwell Banker SDC #123217 Report a problem | ||
| 5/17/2019 | Pending sale | $279,900$124/sqft |
Source: Coldwell Banker SDC #123217 Report a problem | ||
| 4/29/2019 | Listed for sale | $279,900$124/sqft |
Source: Coldwell Banker SDC #123217 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,803 +53.2% | $126,500 +51% |
| 2023 | $2,482 +3.5% | $83,793 +3% |
| 2022 | $2,399 +3.6% | $81,353 +3% |
| 2021 | $2,316 +2.1% | $78,983 +3% |
| 2020 | $2,267 +21.7% | $76,682 +19.3% |
| 2019 | $1,863 +3.6% | $64,290 +3% |
| 2018 | $1,798 +3.9% | $62,418 +3% |
| 2017 | $1,730 | $60,594 0% |
| 2015 | $1,730 -0.2% | $60,600 |
| 2014 | $1,734 | $60,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,116/mo
Principal & interest
$1937
Property taxes
$179
More affordability tools
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 6/10White Mountain Elementary SchoolGrades: 3-5Distance: 0.6 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 2.1 mi
Local experts in 88345
- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 111 University Dr
Nearby cities
Nearby zip codes
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