Nestled in the heart of Ruidoso, this well-maintained, spacious home offers a wonderful blend of comfort, space & everyday practicality. Bright, clean, generously proportioned rooms, two very large bathrooms & a bonus sun room in the front of the home create a calm & welcoming atmosphere. An oversized storage shed sits in the expansive, wrap-around yard that provides tons of versatility, with the ability to fence off up to 5 separate enclosures (great for dogs!). The huge, clean garage goes well beyond a place to park vehicles, with ample space to house a workshop, laundry room & additional storage. Centrally located with easy access to local businesses, dining, the hospital & more, this property delivers the best of mountain living without sacrificing convenience. A rare & versatile find!
For sale
$329,500
119 Reese Dr, Ruidoso, NM 88345
2beds
1,502sqft
Est.:
Single Family Residence
Built in 1974
8,712 Square Feet Lot
$316,800 Zestimate®
$219/sqft
$-- HOA
What's special
Huge clean garageOversized storage shedSpacious homeTwo very large bathroomsExpansive wrap-around yard
- 13 days |
- 609 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2026 at 11:53am
Listed by:
Leroy Smith 575-973-2345,
Fathom Realty NM 575-517-0316
Source: RLCMLS,MLS#: 133734
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: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Laundry
Heating
- Central, Forced Air, Wood Stove
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven, Electric Range, Refrigerator, Range Hood, Water Heater
Features
- Ceiling Fan(s), Primary Downstairs, Storage, Main Level Primary
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
Interior area
- Total interior livable area: 1,502 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Garage
- Garage spaces: 2
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Dog Run, Storage
- Fencing: Back Yard,Full
- Has view: Yes
- View description: Other
Lot
- Size: 8,712 Square Feet
- Features: Level
Details
- Additional structures: Storage
- Parcel number: 4074065096367000000
- Zoning: R1
- Special conditions: Standard
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Metal
Condition
- Updated/Remodeled
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Palmer Gateway
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $183,531
- Annual tax amount: $3,316
- Date on market: 3/7/2026
- Cumulative days on market: 15 days
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Paved
Estimated market value
$316,800
$301,000 - $333,000
$2,876/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2026 | Listed for sale | $329,500$219/sqft |
Source:  RLCMLS #133734 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,839 +4.5% | $61,177 +3% |
| 2023 | $1,759 +0.9% | $59,395 +3% |
| 2022 | $1,743 +3.5% | $57,665 +3% |
| 2021 | $1,684 +2.1% | $55,986 +3% |
| 2020 | $1,650 +6.9% | $54,356 +2% |
| 2019 | $1,544 +3.6% | $53,290 +3% |
| 2018 | $1,490 +3.9% | $51,738 +3% |
| 2017 | $1,434 | $50,226 0% |
| 2015 | $1,434 -0.2% | $50,231 |
| 2014 | $1,437 | $50,231 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,750/mo
Principal & interest
$1602
Property taxes
$148
More affordability tools
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 5/10Sierra Vista Primary SchoolGrades: PK-2Distance: 3.4 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 1.9 mi
Local experts in 88345
- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 119 Reese Dr
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