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For sale
    • Price cut: $50K (3/17)
    $295,000

    203 Lower Terrace Dr #2, Ruidoso, NM 88345

    3beds
    1,600sqft
    : 
    Townhouse
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $184/sqft
    $25/mo HOA

    What's special

    Utility roomSpacious kitchenFantastic main-floor layoutCharming wood accents throughoutUpdated appliancesDining area
    This beautifully updated townhome offers a fantastic main-floor layout featuring a spacious kitchen, dining area, and living room with a cozy rock gas fireplace. The main floor also includes a convenient 1/2 bath, utility room, and access to a gorgeous deck overlooking the serene Cree Meadows Golf Course. The popcorn ceilings have been removed, and the the entire interior has been freshly painted, with charming wood accents throughout. The kitchen boasts updated appliances, and the low HOA fee of just $300 annually adds to the appeal. Upstairs, you'll find 3 comfortable bedrooms and 2 baths, including a primary suite with a private balcony that offers stunning views of the golf course. The front covered porch adds curb appeal, while the home comes fully furnished with mountain decor,
    34 days
    |
    236
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 23, 2026 at 09:16am

    Listed by:

    Leslie Sisk 575-937-8782,

    Mountain Home Properties NM 575-315-1885

    Source: RLCMLS,MLS#: 132226MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Utility Room
      Heating
      • Baseboard, Forced Air, Natural Gas
      Cooling
      • Ceiling Fan(s), Multi Units
      Appliances
      • Included: Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
      Features
      • Breakfast Bar, Ceiling Fan(s), Open Floorplan, Storage, Smart Thermostat, Utility Room
      • Flooring: Carpet, Tile, Wood
      • Number of fireplaces: 1
      • Fireplace features: Gas Log
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,600 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: On Site, Parking Lot
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Front Porch, Balcony
      • Exterior features: Balcony, Lighting, Rain Gutters, Storage
      • Fencing: None
      • Has view: Yes
      • View description: Golf Course, Mountain(s), Trees/Woods
      Lot
      • Features: Level, On Golf Course, Views, Wooded
      Details
      • Additional structures: None
      • Zoning: R3
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Mountain
      • Property subtype: Townhouse
      Materials
      • Wood Siding
      • Roof: Metal,Pitched
      Condition
      • Updated/Remodeled
      • Year built: 1980

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Country Club Twnh
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $300 annually
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $184/sqft
      • Annual tax amount: $3,896
      • Date on market: 3/13/2025
      • Cumulative days on market: 379 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/17/2026Price change$295,000-14.5%$184/sqft
        Source: RLCMLS #132226 Report a problem
        2/19/2026Listed for sale$345,000-8%$216/sqft
        Source: RLCMLS #132226 Report a problem
        10/6/2025Listing removed$375,000$234/sqft
        Source: RLCMLS #132226 Report a problem
        8/11/2025Price change$375,000-6%$234/sqft
        Source: RLCMLS #132226 Report a problem
        3/13/2025Price change$399,000+25.1%$249/sqft
        Source: RLCMLS #132226 Report a problem
        8/1/2022Listed for sale$319,000$199/sqft
        Source: RLCMLS #128497 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $1,643/mo
        Principal & interest
        $1485
        Property taxes
        $133
        HOA Fees
        $25
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          Neighborhood: 88345

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