Fixer-Upper Opportunity - 159 Ponderosa Drive, Ruidoso, NM 2 Bed | 1 Bath | 641 Sq Ft | 9,147 Sq Ft LotInvestor Special - Blank Canvas in the Mountains!Welcome to 159 Ponderosa Drive, a rare opportunity to create your dream mountain retreat in the heart of Ruidoso's charming Brady Canyon neighborhood. This property is completely gutted, offering a clean slate for your vision--whether you're an investor, contractor, or homeowner looking for a custom renovation project.Property Features:2-bedroom, 1-bathroom floor plan (flexible layout potential)641 sq ft of interior spaceExpansive wooded lot
For sale
$138,000
159 Ponderosa Dr, Ruidoso, NM 88345
2beds
641sqft
Est.:
Single Family Residence
Built in 1960
9,147.6 Square Feet Lot
$-- Zestimate®
$215/sqft
$-- HOA
What's special
Expansive wooded lot
- 317 days |
- 594 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
James Russ 575-937-2756,
REMAX Sierra Blanca Realty 575-257-6000
Source: RLCMLS,MLS#: 132670
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- Ceiling Fan(s)
Appliances
- Included: Water Heater
Features
- None
- Flooring: See Remarks
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 641 sqft
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: See Remarks
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 9,147.6 Square Feet
- Features: Sloped Down, Rectangular Lot, Wooded
Details
- Parcel number: 4071064078223000000
- Zoning: R1
- Special conditions: Standard
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Mountain
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Metal
Condition
- Fixer
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Ponderosa Hgts
HOA
- Amenities included: None
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $131,010
- Annual tax amount: $1,428
- Date on market: 5/31/2025
- Cumulative days on market: 319 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,431/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Price change | $138,000-3.2%$215/sqft |
Source: | ||
| 5/31/2025 | Price change | $142,500+10.5%$222/sqft |
Source: | ||
| 3/18/2023 | Listed for sale | $129,000$201/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,313 +195% | $43,670 +156.5% |
| 2023 | $445 +1.3% | $17,024 +3% |
| 2022 | $439 +3.9% | $16,528 +3% |
| 2021 | $423 +2.5% | $16,047 +3% |
| 2020 | $412 +7.2% | $15,580 +2% |
| 2019 | $385 +4.1% | $15,275 +3% |
| 2018 | $370 +4.4% | $14,830 +3% |
| 2017 | $354 | $14,397 +3% |
| 2015 | $354 +6.9% | $13,979 +3% |
| 2014 | $331 +10.2% | $13,572 +3% |
| 2013 | $300 +6.4% | $13,177 +3% |
| 2012 | $283 +6.7% | $12,793 +6.1% |
| 2010 | $265 | $12,057 |
Find assessor info on the county website
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 6/10White Mountain Elementary SchoolGrades: 3-5Distance: 2 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 159 Ponderosa Dr




