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For sale
    • $2,800,000

    616 Sudderth Dr, Ruidoso, NM 88345

    1beds
    13,057sqft
    : 
    Duplex, Multi Family, Multi Family, Single Family Residence
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $214/sqft
    $-- HOA

    What's special

    Spacious gathering roomEquipped with kitchenettes
    Exceptional Income-Producing Property (More than $17,500/month currently-with MORE ROOM to GROW) on the Rio Ruidoso on approx.1.5 acres; includes 2 Bedroom 2 Bath Lodge, perfectly suited for on-site management or as a comfortable owner's residence, 10 One-Bedroom/1 Bath Cabins, 12 Studio Cabins - Equipped with kitchenettes, 3 Site-Built Cabins, 3 RV Pads, Retail Space/Baker's Kitchen ideal for generating revenue or serving as a welcome/management office; Pie Kitchen with display case & Woodfire pizza oven,and spacious Gathering Room for retail, parties, reunions-LOT OF POSSIBILITIES; 7 Storage Units -Rent out for additional cash flow! Party pavillion, too, and property is UNAFFECTED BY FLOOD or FIRE, and offers DIVERSE RENTAL OPTIONS for STEADY OCCUPANCY and CONSISTENT REVENUE STREAMS!
    171 days
    |
    198
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: December 10, 2025 at 04:05am

    Listed by:

    Rusty & Kelli Shelton 575-937-8056,

    Southern New Mexico Realty 575-257-1111

    Source: RLCMLS,MLS#: 133204MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Dining Room, Laundry, Living Room, Utility Room, Workshop
      Heating
      • Forced Air, Fireplace(s), Natural Gas, Wood Stove
      Cooling
      • Ceiling Fan(s), Window Unit(s)
      Appliances
      • Included: Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
      Features
      • Storage, Main Level Primary, Utility Room, Workshop
      • Flooring: Carpet, Tile
      • Has fireplace: Yes
      • Fireplace features: Other, See Remarks
      Interior area
      • Total interior livable area: 13,057 sqft

      Property

      Parking
      • Parking features: On Site, Parking Lot, RV Access/Parking
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck
      • Fencing: Partial
      • Has view: Yes
      • View description: River, Trees/Woods
      • Has water view: Yes
      • Water view: River
      • Waterfront features: River Front, Waterfront
      Lot
      • Size: 1.56 Acres
      • Features: Corner Lot, Level, Waterfront
      Details
      • Additional structures: Storage, Workshop
      • Parcel number: H10016320327E092129
      • Zoning: C2
      • Horse amenities: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Cabin
      • Property subtype: Duplex, Multi Family, Multi Family, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Frame, Log
      • Roof: Metal,Pitched
      Condition
      • Updated/Remodeled,See Remarks
      • Year built: 1950

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Palmer Gateway
      Location
      • Region: Ruidoso

      Financial & listing details

      • Price per square foot: $214/sqft
      • Tax assessed value: $6,819
      • Annual tax amount: $4,293
      • Date on market: 10/3/2025
      • Cumulative days on market: 172 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes
      • Road surface type: Paved
      • Body type: Single Wide
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        10/3/2025Listed for sale$2,800,000$214/sqft
        Source: RLCMLS #133204 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$67 -3.2%$2,273 +3%
        2023$69 -0.4%$2,207 +3%
        2022$69 +0.1%$2,143 +3%
        2021$69 +3.9%$2,081 +3%
        2020$66 +6.5%$2,020 +2%
        2019$62 +9.3%$1,980
        2018$57 +0.8%$1,980
        2017$57 $1,980
        2015$57 -0.2%--
        2014$57 +6.4%--
        2013$53 +2.1%--
        2012$52 -10%--
        2010$58 --

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $15,699/mo
        Principal & interest
        $14439
        Property taxes
        $1260
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          Neighborhood: 88345

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