29

Capitan, NM Homes for Sale

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  • 2067 State Highway 48, Capitan, NM 88316
    2067 State Highway 48, Capitan, NM 88316
    2067 State Highway 48, Capitan, NM 88316
    /82

    $1,250,000

    • 3 Beds
    • 3 Baths
    • 3,794 Sq Ft

    2067 State Highway 48, Capitan, NM 88316

    This charming, rustic-style homestead offers timeless character and plenty of usable space. Inside you'll find a grand stone fireplace built from Bingham rock, a wood stove, vaulted tongue-and-groove ceilings, large dining area, a grand living room, craft room, bar area, and three full baths. The home includes gas wall heaters, gas cooktop, electric oven, metal roof, stucco siding, and rock-wool

    Kaitlin Brophy Better Homes & Gardens Real Estate - Steinborn & Associates

    2067 State Highway 48, Capitan, NM 88316
  • 252 Bancroft Rd, Capitan, NM 88316
    252 Bancroft Rd, Capitan, NM 88316
    252 Bancroft Rd, Capitan, NM 88316
    /57

    $274,000

    $11K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,815 Sq Ft

    252 Bancroft Rd, Capitan, NM 88316

    Incredible location and wide-open space define this three-bedroom, two-bath home situated on just under 20 fully usable acres. The open-concept living area is warm and inviting, featuring a wood-burning stove perfect for cozy New Mexico evenings. Step outside and take in the majestic, sweeping mountain views that surround the property in every direction. The land is completely fenced and includes

    James Russ II REMAX Sierra Blanca Realty

    252 Bancroft Rd, Capitan, NM 88316
  • 112 Mount Terrace, Capitan, NM 88316
    112 Mount Terrace, Capitan, NM 88316
    112 Mount Terrace, Capitan, NM 88316
    /59

    $425,000

    $60K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 2,880 Sq Ft

    112 Mount Terrace, Capitan, NM 88316

    This 5 bedroom, 3 bathroom spacious home has modern comforts and great views—this one checks all the boxes! Enjoy stunning mountain views from the back deck, perfect for relaxing or entertaining. Inside, you'll love the spacious kitchen featuring stainless steel appliances and pantry. Additional highlights include a metal roof and a handy workshop—ideal for projects, storage or game room.

    Kaitlin Brophy Better Homes & Gardens Real Estate - Steinborn & Associates

    112 Mount Terrace, Capitan, NM 88316
  • 331 Pne Ldg Rd, Capitan, NM 88316
    331 Pne Ldg Rd, Capitan, NM 88316
    331 Pne Ldg Rd, Capitan, NM 88316
    /160

    $4,200,000

    New Construction
    • 3 Beds
    • 3.5 Baths
    • 2,500 Sq Ft

    331 Pne Ldg Rd, Capitan, NM 88316

    Perhaps one of the most sought after gentlemen's ranches in New Mexico. Nestled in a bowl of natural outcroppings, this ranch has the most stunning views of Sierra Blanca Mountain and the Capitan Mountains. This ranch is unique in the fact that it encompasses the Rancho De Caballos Subdivision in it's entirety and an additional 270 acres of ranch land. Also included in this package are two (2)

    Keli Cox Zia Real Estate

    331 Pne Ldg Rd, Capitan, NM 88316
  • 398 Pine Lodge Rd, Capitan, NM 88316
    398 Pine Lodge Rd, Capitan, NM 88316
    398 Pine Lodge Rd, Capitan, NM 88316
    /68

    $5,000,000

    $4M PRICE DROP
    • 6 Beds
    • 8 Baths
    • 9,978 Sq Ft

    398 Pine Lodge Rd, Capitan, NM 88316

    Welcome to Crown T Estatea truly extraordinary opportunity where expansive skies, rolling terrain, and the rugged beauty of New Mexico converge. Situated on 140 acres within Lincoln Countys prestigious Ranchos de Caballos Estates, this unfinished yet exceptional 9,978 sq ft custom home offers both scale and vision. Built to showcase the expansive views of Sierra Blanca and the Capitan Mountains,

    Dan Murphy M4 Ranch Group

    398 Pine Lodge Rd, Capitan, NM 88316
  • Nmsh 246, Capitan, NM 88316
    Nmsh 246, Capitan, NM 88316
    Nmsh 246, Capitan, NM 88316
    /22

    $454,000

    • Land
    • 41 Acres
    • $11,073 per Acre

    Nmsh 246, Capitan, NM 88316

    Two large lots located on NMSH 246 just north of Capitan, NM. City water and electric at the western boundary along the highway. Lot 15 is 41.244± acres and Lot 16 is 34.028± acres. These lots are part of the 4,000-acre-plus Eagle Rock Ranch and have beautiful views of the surrounding countryside.LOCATION.9 miles north of Capitan on NMSH 246.TOPOGRAPHY, RANGELAND &

    Republic LLC Republic Ranches, LLC

    Nmsh 246, Capitan, NM 88316
  • Nmsh 246, Capitan, NM 88316
    Nmsh 246, Capitan, NM 88316
    Nmsh 246, Capitan, NM 88316
    /22

    $374,000

    • Land
    • 34 Acres
    • $11,000 per Acre

    Nmsh 246, Capitan, NM 88316

    Two large lots located on NMSH 246 just north of Capitan, NM. City water and electric at the western boundary along the highway. Lot 15 is 41.244± acres and Lot 16 is 34.028± acres. These lots are part of the 4,000-acre-plus Eagle Rock Ranch and have beautiful views of the surrounding countryside.LOCATION.9 miles north of Capitan on NMSH 246.TOPOGRAPHY, RANGELAND &

    Republic LLC Republic Ranches, LLC

    Nmsh 246, Capitan, NM 88316
  • 146 Jackalope Rd, Capitan, NM 88316
    146 Jackalope Rd, Capitan, NM 88316
    146 Jackalope Rd, Capitan, NM 88316
    /107

    $399,000

    $96K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,600 Sq Ft

    146 Jackalope Rd, Capitan, NM 88316

    OWNER FINANCING AVAILABLE on this mini-ranch with a guest house! Discover this one-of-a-kind 5-acre property with stunning mountain views, fully fenced and featuring a solar-powered gate opener. The estate includes two charming homes: a cozy 650 sq ft furnished cabin with 1 bedroom, 1 bath, full kitchen, living, and dining areas--currently a productive nightly rental--and a lovely 1,000 sq ft

    Margaret Marx Pinnacle Real Estate & Dev

    146 Jackalope Rd, Capitan, NM 88316
  • 8412 Us Highway 380, Capitan, NM 88316
    8412 Us Highway 380, Capitan, NM 88316
    8412 Us Highway 380, Capitan, NM 88316
    /38

    $685,000

    $110K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,614 Sq Ft

    8412 Us Highway 380, Capitan, NM 88316

    Fabulous Spanish style home sits on 5.5 secluded acres just a short drive from the mountain town of Ruidoso, Ski Apache, and Bonito Lake. This home comes fully furnished! Walk inside to a beautifully appointed two-story entry with glass front doors and a stain glass window to accent the space. Open & bright floor plan throughout! Kitchen boasts granite counters, pretty wood cabinets with slide

    Julianna Pursley Fathom Realty NM

    8412 Us Highway 380, Capitan, NM 88316
  • 665 US Highway 380, Capitan, NM 88316
    665 US Highway 380, Capitan, NM 88316
    665 US Highway 380, Capitan, NM 88316
    /13

    $75,000

    • Land
    • 6.7 Acres
    • $11,194 per Acre

    665 US Highway 380, Capitan, NM 88316

    6.7 acres of vacant land located just outside of Capitan NM. This spacious property offers endless possibilities for building your dream home, a getaway cabin or investment project. With plenty of room for privacy, views of the surrounding mountains and easy access to the Village of Capitan, this land is ready for your vision. Whether you're looking for a quiet retreat or a future homesite, this

    Jamie Neatherlin Berkshire Hathaway Home Services Enchanted Lands - Carlsbad

    665 US Highway 380, Capitan, NM 88316
  • 170 W Grandview Rd, Capitan, NM 88316
    170 W Grandview Rd, Capitan, NM 88316
    170 W Grandview Rd, Capitan, NM 88316
    /21

    $50,000

    $3K PRICE DROP
    • Land
    • 2.93 Acres
    • $17,065 per Acre

    170 W Grandview Rd, Capitan, NM 88316

    Nestled in a quiet rural community, this parcel offers wide-open views of the Capitans and Sierra Blanca, and endless potential. With plenty of room for gardening, livestock, outbuildings, or recreational use, this property is ideal for those seeking space, privacy, and a slower pace of life. Buyer to verify available utilities.

    Kaitlin Brophy Better Homes & Gardens Real Estate - Steinborn & Associates

    170 W Grandview Rd, Capitan, NM 88316
  • 262 Dawson Rd, Capitan, NM 88316
    262 Dawson Rd, Capitan, NM 88316
    262 Dawson Rd, Capitan, NM 88316
    /35

    $295,000

    $55K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 3,000 Sq Ft

    262 Dawson Rd, Capitan, NM 88316

    Remodeled in 2025, this 5+-acre property comes with 3,000+ sq. ft. of living space. Breathtaking, panoramic views of the Sierra Blanca Mountain range—some of the best in the area. Enjoy year-round access, southwest exposure, and country privacy near town. Features include a solar powered well pump, two large storage tanks, and a rain catchment system. The master bedroom offers a sunroom/office

    Dan Bolin AMoR Real Estate

    262 Dawson Rd, Capitan, NM 88316
  • 111 La Cumbre, Capitan, NM 88316
    111 La Cumbre, Capitan, NM 88316
    111 La Cumbre, Capitan, NM 88316
    /56

    $294,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft

    111 La Cumbre, Capitan, NM 88316

    Experience peaceful mountain living in this newer home on approximately 5 acres overlooking the Capitan countryside. Perched on an elevated homesite with a permanent foundation, this property was thoughtfully positioned to maximize the incredible panoramic views and provide excellent drainage. The open-concept living, dining, and kitchen area features a large island, modern finishes, and abundant

    Gavin Bigger Better Homes & Gardens Real Estate - Steinborn & Associates

    111 La Cumbre, Capitan, NM 88316
  • 0 Zia Dr, Capitan, NM 88316
    0 Zia Dr, Capitan, NM 88316
    0 Zia Dr, Capitan, NM 88316
    /38

    $60,000

    • Land
    • 4.18 Acres
    • $14,354 per Acre

    0 Zia Dr, Capitan, NM 88316

    Escape to the beauty of Capitan with this stunning 4.19-acre tract. Whether you are envisioning a permanent residence or a mountain getaway, this property provides an ideal foundation. Benefit from the convenience of existing infrastructure, including a power line at the lot line and city water available, reducing the barriers to breaking ground. Experience the privacy and potential of this

    Rye Richardson Zia Real Estate

    0 Zia Dr, Capitan, NM 88316
  • 101 Salado Rd, Capitan, NM 88346
    101 Salado Rd, Capitan, NM 88346
    101 Salado Rd, Capitan, NM 88346
    /32

    $194,500

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,314 Sq Ft

    101 Salado Rd, Capitan, NM 88346

    3BD/2BA home on a level 1.60-acre corner lot with a functional split-bedroom floor plan. Spacious living area, welcoming covered entry and deck, plus a large shed with great potential. Primary suite offers privacy on one side of the home, with two additional bedrooms on the opposite wing. Plenty of space and opportunity!The title is deactivated. The seller thinks it is a permanent foundation,

    Angie Olivas Cozy Cabins Real Estate DBA NM Homes & Land

    101 Salado Rd, Capitan, NM 88346
  • Unlisted Address
    Unlisted Address
    Unlisted Address
    /57

    $650,000

    • Land
    • 18.7 Acres
    • $34,759 per Acre

    Unlisted Address

    Unique Lincoln County opportunity for a Dude Ranch, Hunting Camp, Mountain Retreat and the sky's the limit! Metal 30X60 barn with (2) 8X20 storage containers that are incorporated into the design and are used for feed and tack. 10' X 30'' runs, (2) 10'X20' foaling stalls inside the barn. Safe, durable horse wire used for the stalls. The barn could also be converted into a Barndominium. There are

    Nina Michael Southwest Rural Properties

    Unlisted Address
  • 2099, Capitan, NM 88316
    2099, Capitan, NM 88316
    2099, Capitan, NM 88316
    /34

    $250,000

    $19K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 700 Sq Ft

    2099, Capitan, NM 88316

    ALSO ZONED COMMERCIAL This is such a unique property with so much potential that it had to describe it.Almost a full acre of beautiful land fully fenced with cross fencing in places. It has cute 1 bedroom 1 bath trailer encased in wood. Just steps away is a large shop/studio with electricity connected.It is a great opportunity to place tiny home or mobiles on the lot for extra income.

    Linda Long Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso

    2099, Capitan, NM 88316
  • 0 N 246 Unit 20262997, Capitan, NM 88316
    0 N 246 Unit 20262997, Capitan, NM 88316
    0 N 246 Unit 20262997, Capitan, NM 88316
    /21

    $374,000

    • Land
    • 34.03 Acres
    • $10,990 per Acre

    0 N 246 Unit 20262997, Capitan, NM 88316

    Two large lots located on NMSH 246 just north of Capitan, NM. City water and electric at the western boundary along the highway. Lot 15 is 41.244 acres and Lot 16 is 34.028 acres. These lots are part of the 4,000-acre-plus Eagle Rock Ranch and have beautiful views of the surrounding countryside.

    Mark Matthews Republic Ranches, LLC

    0 N 246 Unit 20262997, Capitan, NM 88316
  • 262 Dawson Rd, Capitan, NM 88316
    262 Dawson Rd, Capitan, NM 88316
    262 Dawson Rd, Capitan, NM 88316
    /42

    $370,000

    $125K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 3,000 Sq Ft

    262 Dawson Rd, Capitan, NM 88316

    Remodeled in 2025, this 12-acre property spans 3 lots with 3,000+ sq. ft. of living space. Breathtaking, panoramic views of the Sierra Blanca Mountain range—some of the best in the area. Enjoy year-round access, southwest exposure, and country privacy near town. Features include a solar powered well pump, two large storage tanks, and a rain catchment system. The master bedroom offers a

    Dan Bolin AMoR Real Estate

    262 Dawson Rd, Capitan, NM 88316
  • 0 New Mexico 246, Capitan, NM 88316
    0 New Mexico 246, Capitan, NM 88316
    0 New Mexico 246, Capitan, NM 88316
    /22

    $454,000

    • Land
    • 41.24 Acres
    • $11,009 per Acre

    0 New Mexico 246, Capitan, NM 88316

    Erik Thompson Republic Ranches, LLC

    0 New Mexico 246, Capitan, NM 88316
  • 331 Pine Lodge Rd, Capitan, NM 88316
    331 Pine Lodge Rd, Capitan, NM 88316
    331 Pine Lodge Rd, Capitan, NM 88316
    /159

    $4,100,000

    New Construction $100K PRICE DROP
    • Land
    • 594 Acres
    • $6,902 per Acre

    331 Pine Lodge Rd, Capitan, NM 88316

    Perhaps one of the most sought after gentlemen's ranches in New Mexico. Nestled in a bowl of natural outcroppings, this ranch has the most stunning views of Sierra Blanca Mountain and the Capitan Mountains. This ranch is unique in the fact that it encompasses the Rancho De Caballos Subdivision in it's entirety and an additional 270 acres of ranch land. Also included in this package are two (2)

    Keli Cox Zia Real Estate

    331 Pine Lodge Rd, Capitan, NM 88316
  • 321 W 2nd St, Capitan, NM 88316
    321 W 2nd St, Capitan, NM 88316
    321 W 2nd St, Capitan, NM 88316
    /10

    $180,000

    • 2 Beds
    • 1 Bath
    • 780 Sq Ft

    321 W 2nd St, Capitan, NM 88316

    This charming 2-bedroom, 1-bath manufactured home offers comfort, updates, and plenty of outdoor space on a level lot. Inside, you'll find thoughtful improvements that make the home move-in ready, while outside provides room to live the lifestyle you want. A large fenced yard surrounds the property -- perfect for pets, gardening, or simply enjoying the open space. The property also includes a

    Darien Ross Fathom Realty NM

    321 W 2nd St, Capitan, NM 88316
  • 109 Crest View Rd, Capitan, NM 88316
    109 Crest View Rd, Capitan, NM 88316
    109 Crest View Rd, Capitan, NM 88316
    /12

    $72,500

    • Land
    • 1.35 Acres
    • $53,704 per Acre

    109 Crest View Rd, Capitan, NM 88316

    Ready to build, ideal property, nestled minutes from beautiful Capitan, NM. Making it an easy transition with minimal building requirements and access to all utilities. Public water available, access to natural gas, and electric. RV's allowed, makes this property incredibly inviting for a perfect mountain get away! Enjoy Sierra Blanca views, wildlife, and peaceful surroundings.

    Johnathan Duncan Fathom Realty NM

    109 Crest View Rd, Capitan, NM 88316
  • 0 New Mexico 246, Capitan, NM 88316
    0 New Mexico 246, Capitan, NM 88316
    0 New Mexico 246, Capitan, NM 88316
    /22

    $374,000

    • Land
    • 34.03 Acres
    • $10,990 per Acre

    0 New Mexico 246, Capitan, NM 88316

    Erik Thompson Republic Ranches, LLC

    0 New Mexico 246, Capitan, NM 88316
  • 111 Ranchmans Camp Rd, Capitan, NM 88316
    111 Ranchmans Camp Rd, Capitan, NM 88316
    111 Ranchmans Camp Rd, Capitan, NM 88316
    /58

    $595,000

    $20K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,844 Sq Ft

    111 Ranchmans Camp Rd, Capitan, NM 88316

    Escape to your own private mountain retreat! Nestled on 10 picturesque acres of fenced pasture, this beautiful log cabin offers the perfect blend of rustic charm, comfort, and breathtaking natural beauty. Access to the National Forest with panoramic mountain views. The main home features a warm and inviting open living area with soaring ceilings, exposed wood beams large windows that frame the

    Darien Ross Fathom Realty NM

    111 Ranchmans Camp Rd, Capitan, NM 88316
  • 394 Laughing Horse Trail, Capitan, NM 88316
    394 Laughing Horse Trail, Capitan, NM 88316
    394 Laughing Horse Trail, Capitan, NM 88316
    /86

    $350,000

    $15K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,984 Sq Ft

    394 Laughing Horse Trail, Capitan, NM 88316

    Set on 10 acres of usable land with wide open 360 mountain views, this inviting 3 bedroom 2 bath 2003 manufactured home offers space, comfort, and room to grow. Fresh interior paint and a thoughtful layout create a move in ready feel, with two living areas and an open kitchen that make everyday living and entertaining easy. A new HVAC system adds year round comfort. Outside, the fenced back yard

    Lily Mendenall Future Real Estate

    394 Laughing Horse Trail, Capitan, NM 88316
  • Lots 5,6 Dawson Rd, Capitan, NM 88316
    Lots 5,6 Dawson Rd, Capitan, NM 88316
    Lots 5,6 Dawson Rd, Capitan, NM 88316
    /15

    $135,000

    $10K PRICE DROP
    • Land
    • 7.56 Acres
    • $17,857 per Acre

    Lots 5,6 Dawson Rd, Capitan, NM 88316

    Breathtaking, panoramic views of the Sierra Blanca Mountain range, among the best in the area. Year-round access, southwest exposure, and the privacy of country living—while still being close to town. Large round pen and a second, larger fenced area. Multiple prime building sites accommodate a wide range of plans, all offering incredible views and seclusion. Additional flat land, perfect for

    Dan Bolin AMoR Real Estate

    Lots 5,6 Dawson Rd, Capitan, NM 88316
  • 0 N 246 Unit 20262996, Capitan, NM 88316
    0 N 246 Unit 20262996, Capitan, NM 88316
    0 N 246 Unit 20262996, Capitan, NM 88316
    /22

    $454,000

    • Land
    • 41.24 Acres
    • $11,009 per Acre

    0 N 246 Unit 20262996, Capitan, NM 88316

    Two large lots located on NMSH 246 just north of Capitan, NM. City water and electric at the western boundary along the highway. Lot 15 is 41.244 acres and Lot 16 is 34.028 acres. These lots are part of the 4,000-acre-plus Eagle Rock Ranch and have beautiful views of the surrounding countryside.

    Mark Matthews Republic Ranches, LLC

    0 N 246 Unit 20262996, Capitan, NM 88316
  • 185 Fort Lone Tree Rd, Capitan, NM 88316
    185 Fort Lone Tree Rd, Capitan, NM 88316
    185 Fort Lone Tree Rd, Capitan, NM 88316
    /58

    $949,000

    $151K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,605 Sq Ft

    185 Fort Lone Tree Rd, Capitan, NM 88316

    Custom Home, 40 acres boarderd by NF, fully fenced, 440 fencing at entry, gated, 6 stall Barnmaster, round pen. Perfectly designed for those seeking a mountain home with premier horse facilities. Custom-built in 2005 and meticulously maintained by the original owners. This 3-bedroom, 3 bathroom, features a well-conceived open floor plan beautiful chefs kitchen ideal for gatherings. Enjoy

    Anette Wood Ruidoso Dream Catcher Realty

    185 Fort Lone Tree Rd, Capitan, NM 88316
New Mexico Lincoln County

Real Estate & Homes for Sale in Capitan, NM

Frequently Asked Questions

What are the most popular zip codes in Capitan, NM?
The most popular zip codes in Capitan, NM include 88316, 88346, 88312, 88341 and 88324.
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