14

Capitan, NM Homes for Sale under $500,000

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  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /42

    $380,000

    $115K 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
  • /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
  • /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
  • /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
  • /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
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