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For sale
    • Price cut: $10K (12/19)
    $479,000

    162 Reese Dr, Ruidoso, NM 88345

    3beds
    1,511sqft
    : 
    Single Family Residence
    Built in 1960
    0.25 Acres Lot
    $-- Zestimate®
    $317/sqft
    $-- HOA

    What's special

    New metal roofLarge backyardBrand-new trex front deckTucked among the treesFully updated bathrooms
    This beautifully remodeled home is packed with tons of upgrades that you will love! Featuring a new metal roof, electrical, plumbing, ducting, AC unit, flooring, windows, and fully updated bathrooms and kitchen. Tucked among the trees in central Ruidoso, you can watch the various wildlife on the brand-new Trex front deck or relax in your large backyard. You're a short 5 minute drive from Midtown shopping and dining, and just as close to Walmart, the best of both worlds! The kitchen and baths showcase custom soft-close cabinets for style and your convenience.
    257 days
    |
    135
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 03, 2026 at 01:11pm

    Listed by:

    Sara McMasters 575-973-8262,

    Better Homes & Gardens Real Estate - Steinborn & Associates 855-784-3676

    Source: RLCMLS,MLS#: 132887MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Refrigerator
      Features
      • Ceiling Fan(s)
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,511 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 0.25 Acres
      • Features: Interior Lot, Level
      Details
      • Parcel number: 4074065119272000000
      • Zoning: R1
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      Condition
      • Updated/Remodeled
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Charlie Culver Subdivision
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $317/sqft
      • Tax assessed value: $115,896
      • Annual tax amount: $5,001
      • Date on market: 7/4/2025
      • Cumulative days on market: 259 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,Other,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Paved
      Get pre-qualifiedBe ready to make an offer.
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        12/19/2025Price change$479,000-2%$317/sqft
        Source: RLCMLS #132887 Report a problem
        9/24/2025Price change$489,000-2%$324/sqft
        Source: RLCMLS #132887 Report a problem
        7/5/2025Listed for sale$499,000+150.8%$330/sqft
        Source: RLCMLS #132887 Report a problem
        11/5/2024Sold--
        Source: Agent Provided Report a problem
        10/1/2024Listed for sale$199,000$132/sqft
        Source: RLCMLS #131664 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$1,162 +4.5%$38,632 +3%
        2023$1,111 +0.9%$37,507 +3%
        2022$1,101 +3.5%$36,414 +3%
        2021$1,064 +2.1%$35,353 +3%
        2020$1,042 +6.9%$34,324 +2%
        2019$975 +3.6%$33,651 +3%
        2018$941 +3.9%$32,671 +3%
        2017$906 $31,716 +3%
        2015$906 +5.9%$30,796 +3%
        2014$856 +9.6%$29,899 +3%
        2013$780 +5.8%$29,028 +3%
        2012$738 +5.5%$28,182 +6.1%
        2010$699 $26,562

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,544/mo
        Principal & interest
        $2328
        Property taxes
        $216
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          Climate risks

          Neighborhood: 88345

          Getting around

          30 / 100
          Car-Dependent
          12 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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