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Elephant Butte, NM Homes for Sale

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  • /87

    $599,900

    • 3 Beds
    • 2 Baths
    • 2,262 Sq Ft

    401 Roadrunner Cir, Elephant Butte, NM 87935

    Enjoy space, views, and great entertaining in this 3 BDR, 2 bath. Featuring two living areas, a dining room, and a dedicated office, the home offers flexibility for everyday living and hosting friends and family. The kitchen includes an island and generous cabinet space. The primary suite features a large walkin shower, spacious walk-in closet, and two linen closets. Car and lake enthusiasts will

    Agent Photo

    The Schuster Team

    Simply Real Estate

    401 Roadrunner Cir, Elephant Butte, NM 87935
  • /6

    $75,000

    • Land
    • 19,166 Sq Ft
    • $170,455 per Acre

    225 Mesa Grande Rd, Elephant Btte, NM 87935

    Create the custom home youve always imagined on this 0.44-acre lot overlooking Hole 15 at Turtleback Mountain Golf and Resort. Surrounded by desert landscapes and tranquil views, this property offers the ideal setting for relaxation and outdoor adventure. Spend your days golfing, boating, fishing, or exploring everything the area has to offer year-round. With utilities nearby and plenty of space

    Agent Photo

    KELLIE THOMPSON

    Rio Mesa Realty

    225 Mesa Grande Rd, Elephant Btte, NM 87935
  • /99

    $418,000

    • 3 Beds
    • 2.5 Baths
    • 2,251 Sq Ft

    300 Rio Grande Cir, Elephant Butte, NM 87935

    Welcome home to this immaculately kept, move-in ready spacious 2,251 sq. ft. brick and stucco residence, offering 3 bedrooms and 2 bathrooms on a beautiful 0.8-acre lot. Built in 1991, this well-maintained two-story home is located in a desirable neighborhood on a paved road. Inside, you'll find a comfortable blend of carpet and tile flooring, with a functional layout that's perfect for everyday

    JASON VICKERS Homesteaders Realty

    300 Rio Grande Cir, Elephant Butte, NM 87935
  • /10

    $1,400,000

    • Land
    • 143.21 Acres
    • $9,776 per Acre

    E 3rd Ave, Elephant Butte, NM 87935

    Mims Lake FarmElephant Butte, New MexicoSet in the heart of southern New Mexico's premier recreational corridor, Mims Lake Farm is a rare offering that seamlessly blends agricultural utility with exceptional lifestyle appeal. Located near Elephant Butte Lake, this property is uniquely positioned to take full advantage of the area's renowned golf, lake, and outdoor amenities.

    Beaverhead Group Beaverhead Ranch Group

    E 3rd Ave, Elephant Butte, NM 87935
  • /23

    $240,000

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,323 Sq Ft

    107 Idaho Ct, Elephant Butte, NM 87935

    LOOKING FOR A HOME THAT IS READY TO MOVE INTO, MINUTES TO ELEPHANT BUTTE LAKE AND A CHAMPIONSHIP RATED GOLF COURSE?? THIS MAY BE JUST WHAT YOU ARE LOOKING FOR. A 7-YEAR-OLD, VERY WELL TAKEN CARE OF, DESIGNED TO BE FUNCTIONAL FOR A FAMILY OR RETIREE PROPERTY WITH TILED FLOORS AND OPEN FLOOR PLAN. WALK INTO A LARGE LIVING ROOM WITH A FREE-STANDING FIREPLACE, KITCHEN WITH PLENTY OF BUTCHER BLOCK

    Cathy Vickers Homesteaders Realty

    107 Idaho Ct, Elephant Butte, NM 87935
  • /63

    $630,000

    • 2 Beds
    • 2 Baths
    • 2,419 Sq Ft

    308 Trout Rd, Elephant Butte, NM 87935

    EXPERIENCE LUXURIOUS LAKE LIVING IN THIS EXCEPTIONAL, ONE-OF-A-KIND SITE-BUILT HOME OFFERING 2419 SQ. FT. FT. OF THOUGHTFULLY DESIGNED SPACE ON A BEAUTIFULLY POSITIONED .50 ACRE LOT W/CAPTIVATING LAKE VIEWS. PERFECTLY BLENDING REFINED ELEGANCE W/COMFORTABLE EVERYDAY LIVING, THIS STUNNING HOME DELIVERS BOTH IMPRESSIVE ENTERTAINING AREAS AND INVITING PRIVATE RETREATS. FROM THE MOMENT YOU STEP

    Andrea Freeman Desert Lakes Realty

    308 Trout Rd, Elephant Butte, NM 87935
  • /26

    $235,000

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,080 Sq Ft

    200 Trinity Ave, Elephant Butte, NM 87935

    This manufacture home is great and ready for you to move in. Bring your personal items and you're ready for great day at the lake. Home features a 3 bedroom and 2 full baths. Living room with wood stove. Kitchen with eating area. Super nice covered patio facing the north for an early morning coffee time or an evening dinner. Detached two car garage. Completely fenced yard easy care landscaping.

    Helen Lyon Cripple Creek Realty, LLC

    200 Trinity Ave, Elephant Butte, NM 87935
  • /2

    $9,950

    $8K PRICE DROP
    • Land
    • 1.54 Acres
    • $6,461 per Acre

    793 Pinto Trail, Elephant Butte, NM 87935

    1.54 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard Homesteaders Realty

    793 Pinto Trail, Elephant Butte, NM 87935
  • /34

    $469,000

    • 3 Beds
    • 2 Baths
    • 1,707 Sq Ft

    119 Mesa Grande Rd, Elephant Butte, NM 87935

    Luxury Home in Turtleback Resort - Steps From Sierra del Rio Golf Course! 119 Mesa Grande, Elephant Butte, NM 3 Bed | 2Bath | Approx. 1,700 Sq Ft | Premier Resort Community Welcome to luxury desert living in the prestigious Turtleback Resortcommunity. Located directly across from the stunning Sierra del Rio Golf Course, this beautifully crafted 3-bed, 2-bath homeblends high-end finishes with

    Cheryl Shipley Rio Mesa Realty

    119 Mesa Grande Rd, Elephant Butte, NM 87935
  • /3

    $50,000

    • Land
    • 26,571 Sq Ft
    • $81,967 per Acre

    VL Rio Grande Cir, Elephant Butte, NM 87935

    Bring your dreams, your home plans and your lake toys. This lot awaits your dream home or your lake get away home.

    Donald Auge Coldwell Banker Legacy

    VL Rio Grande Cir, Elephant Butte, NM 87935
  • /15

    $89,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    221 Camino Seis, Elephant Butte, NM 87935

    This remodeled single-wide home has a cozy, inviting feel and room to enjoy the outdoors. The covered porch creates the perfect spot for morning coffee or evening sunsets, while the fully fenced property offers privacy or space for pets and a storage shed. This property backs directly to BLM land.

    Cheryl Shipley Rio Mesa Realty

    221 Camino Seis, Elephant Butte, NM 87935
  • /9

    $250,000

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft

    102 Short Rd, Elephant Butte, NM 87935

    Very Spacious property for all your lake vehicles indoor and outdoor including workshop. 4 Car extremely spacious garages!!Home needs some TLC. Large view deck up spiral staircase for viewing and entertainment.Cute neighborhood including OWNER FINANCING!!!

    David Meyer DM & BM Realty, Inc.

    102 Short Rd, Elephant Butte, NM 87935
  • /5

    $233,100

    • Land
    • 0 Sq Ft

    200 Springland Blvd, Elephant Butte, NM 87935

    GREAT Investor's Opportunity! in Lakeshore 2nd Filing and Replat packages. Property SOLD in (As is) conditions. Actual address will be issued when purchased. 12 lots +-

    Helen Lyon Cripple Creek Realty, LLC

    200 Springland Blvd, Elephant Butte, NM 87935
  • /35

    $389,000

    • 5 Beds
    • 3 Baths
    • 2,080 Sq Ft

    501 Springland Blvd, Elephant Butte, NM 87935

    Spacious 5-bedroom, 3-bath home located just minutes from the lake! This completely fenced property offers plenty of space both inside and out. Enjoy cozy evenings in the living room featuring a fireplace, or relax outside on the deck overlooking the property. The versatile game room/den provides extra space for entertaining, a home office, or a second living area. With room for everyone and a

    Cheryl Shipley Rio Mesa Realty

    501 Springland Blvd, Elephant Butte, NM 87935
  • /7

    $59,000

    • Land
    • 12,196 Sq Ft
    • $210,714 per Acre

    103 Jade Loop, Truth Or Consequences, NM 87935

    Build your dream home. Utilities nearby. Ready for the next owner

    Liliana Hernandez Volare Realty Group LLC

    103 Jade Loop, Truth Or Consequences, NM 87935
  • /14

    $50,000

    • Land
    • 1.7 Acres
    • $29,412 per Acre

    669 Underwood, Elephant Butte, NM 87935

    Rachel Woodard Homesteaders Realty

    669 Underwood, Elephant Butte, NM 87935
  • /28

    $349,000

    • 3 Beds
    • 2.5 Baths
    • 2,050 Sq Ft

    307 Erie Ave, Elephant Butte, NM 87935

    Beautiful Home just minutes from the Main Marina and boat launch. Enjoy this fully landscaped yard , plenty of room for an RV, workshop, and perfect patio for entertaining. This home has many upgrades you don't want to miss it !

    Summer Woods Cripple Creek Realty, LLC

    307 Erie Ave, Elephant Butte, NM 87935
  • /23

    $35,000

    • Land
    • 2.6 Acres
    • $13,462 per Acre

    632 Mustang, Elephant Butte, NM 87935

    "2.6 acres of pristine desert land, overlooking Elephant Butte Lake with amazing mountain views on three sides. Pictures do no justice. Elevated build site, sheltered with privacy from the south and west sides owing to beautiful hilly terrain. Dirt road access to the lake within 1.5 miles (5 minute drive). Peninsula with great views. Warm climate at ~4600 feet (barely freezes). Many good wells

    Rachel Woodard Homesteaders Realty

    632 Mustang, Elephant Butte, NM 87935
  • /13

    $33,000

    $1K PRICE DROP
    • Land
    • 27,878 Sq Ft
    • $51,562 per Acre

    204 Superior Dr, Elephant Butte, NM 87935

    .64 acre lot on paved road in Elephant Butte. Just minutes from Marina del Sur and Sierra Del Rio Golf course. Plenty of room for your home and all your lake toys.

    Rachel Woodard Homesteaders Realty

    204 Superior Dr, Elephant Butte, NM 87935
  • /24

    $110,000

    • 1 Bed
    • 1 Bath
    • 528 Sq Ft

    520 Trout Rd, Elephant Butte, NM 87935

    LAKE VIEW LOCATION - .39 ACRE W/BEAUTIFUL LAKE VIEWS. PERFECT AS A WEEKEND GETAWAY OR AS THE SITE FOR YOUR FUTURE CUSTOM LAKE RETREAT. CURRENTLY FEATURES A 1977 TRAVEL TRAILER OFFERING LR, KIT. W/APPLIANCES, FULL BATH & BR. ATTACHED BONUS (DEN/FAM. RM.) W/WOOD BURNING STOVE & COVERED PATIO EXTENDS LIVING SPACE. PROPERTY ALSO INCLUDES A DETACHED 2-CAR BOAT/RV GARAGE (28' X 28'). GREAT POTENTIAL IN

    Andrea Freeman Desert Lakes Realty

    520 Trout Rd, Elephant Butte, NM 87935
  • /21

    $199,000

    $50K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft

    94 Alamosa Village Rd, Elephant Butte, NM 87935

    This well-maintained 3-bedroom, 2-bathroom permanent manufactured home sits on 5 acres of land, offering privacy and beautiful views. Located 15 miles north of Truth or Consequences, New Mexico and close to the scenic North Elephant Butte Lake, this property provides the perfect blend of privacy and convenience. A detached insulated garage offers a versatile space for storage, hobbies, or a

    Schabrina Montoya Cripple Creek Realty, LLC

    94 Alamosa Village Rd, Elephant Butte, NM 87935
  • /44

    $264,500

    $15K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,193 Sq Ft

    408 Dove Ave, Elephant Butte, NM 87935

    Unique 2 bedroom 2 bath home located on a spacious cul-de-sac lot surrounded by lush landscaping in a xeriscape design that creates a very private outdoor green tranquil-like haven ;mature trees shading lawn with shrubs and desert cacti adding a vibrant color ;just minutes to Elephant Butte Lake State Park entrance. Enjoy relaxing on the large wraparound covered back porch accessed from living

    DENNIS STOECKEL Sea Properties Ltd

    408 Dove Ave, Elephant Butte, NM 87935
  • /37

    $429,900

    New Construction
    • 4 Beds
    • 3 Baths
    • 1,940 Sq Ft

    106 Inca St, Elephant Butte, NM 87935

    Brand-New 2026 Triplex Prime Investment or Owner-Occupant Opportunity! Don't miss this incredible opportunity to own a newly built 2026 triplex in a growing area near Elephant Butte Lake and Truth or Consequences! This modern property features three well-designed units, including one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units. Each unit is thoughtfully finished

    Cheryl Shipley Rio Mesa Realty

    106 Inca St, Elephant Butte, NM 87935
  • /2

    $9,950

    $8K PRICE DROP
    • Land
    • 3.37 Acres
    • $2,953 per Acre

    620 Greer, Elephant Butte, NM 87935

    2.11 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard Homesteaders Realty

    620 Greer, Elephant Butte, NM 87935
  • /4

    $2,043,800

    • Land
    • 6.43 Acres
    • $317,854 per Acre

    1 Cedar Canyon Blvd Unit 1, Elephant Butte, NM 87935

    Great Investment Opportunity.

    Helen Lyon Cripple Creek Realty, LLC

    1 Cedar Canyon Blvd Unit 1, Elephant Butte, NM 87935
  • /19

    $36,000

    • Land
    • 1,306 Sq Ft
    • $1,200,000 per Acre

    327 Mescal Dr, Elephant Butte, NM 87935

    Just minutes from Elephant Butte Lake! This is a perfect lot to rest your RV-motor home, travel camper - fifth wheel or simply park your boat for that long weekend haul. Or, maybe set a mobile home on it. This lot is pretty ready with electric, water and sewer hook-ups. And gas available at the street (but not meter). There is also a concrete slab that is approximately 8' x 22'. Ideal for anyone

    Felipe Rodriguez Volare Realty Group LLC

    327 Mescal Dr, Elephant Butte, NM 87935
  • /41

    $1,450,000

    • 4 Beds
    • 3.5 Baths
    • 3,289 Sq Ft

    300 Catfish Rd, Elephant Butte, NM 87935

    Welcome to the most prestigious custom home Elephant Butte has ever experienced! Sitting on just under an acre in a highly desirable location off Catfish Rd, this exceptional residence offers soaring ceilings, elegant porcelain floors, custom tile work throughout, granite countertops, grand chandelier complemented by custom fixtures and finishes throughout. Enjoy an open, light-filled layout with

    Vance Kabella Coldwell Banker Legacy

    300 Catfish Rd, Elephant Butte, NM 87935
  • /71

    $575,000

    • 4 Beds
    • 3 Baths
    • 2,877 Sq Ft

    502 Hawthorne Dr, Elephant Butte, NM 87935

    REMARKABLE REMODEL WITH CASITA, LAKE VIEWS & PRIVACY. EXPERIENCE STUNNING VIEWS IN THIS BEAUTIFULLY REMODELED CUSTOM 4BRS, 3BA HOME OFFERING OVER 2800 SQUARE FEET DESIGNED FOR COMFORTABLE LIVING AND ENTERTAINING. THE PRIVATE 1200 SQ.FT. 2BRS, 3/4BA CASITA ADDS TO THIS DESIRABLE PROPERTY. THE FENCED 1.05 ACRE LOT BORDERS BLM LAND. AN IMPRESSIVE, TILED ENTRY WELCOMES YOU INTO THE OPEN-CONCEPT

    Andrea Freeman Desert Lakes Realty

    502 Hawthorne Dr, Elephant Butte, NM 87935
  • /27

    $250,000

    • 2 Beds
    • 2 Baths
    • 1,215 Sq Ft

    109 Mimbres Rd, Elephant Butte, NM 87935

    This charming 2-bedroom, 2-bath home is full of character and ready to be enjoyed from day one. Set on a large lot with eye-catching desert landscaping, the property offers space, comfort, and convenience just minutes from Elephant Butte Lake State Park. Inside, the home is fully furnished and thoughtfully styled with vibrant colors that create a warm, welcoming atmosphere. Central air

    Crystal Mccaslin Better Homes & Gardens Real Estate / Steinborn & Associates

    109 Mimbres Rd, Elephant Butte, NM 87935
  • /58

    $210,000

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    304 Ocotillo Dr, Elephant Butte, NM 87935

    This very well maintained 2018 Champion 1,216 sq ft 3 bed 2 bath home located in Elephant Butte has a lot to offer along with a 1/2-acre lower lot that is zoned commercial. Inside features include an open living and kitchen area. Linoleum and carpet flooring, laundry room and a large master bedroom with double sinks, a tub, a separate shower and the closet in the bathroom. Under the covered patio

    JASON VICKERS Homesteaders Realty

    304 Ocotillo Dr, Elephant Butte, NM 87935
  • /50

    $189,900

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,960 Sq Ft

    312 Ocotillo Dr, Elephant Butte, NM 87935

    Nice double-wide home on a spacious double lot! Features include granite countertops in the kitchen and bathrooms, updated light fixtures and ceiling fans throughout, and two mini-split units for efficient comfort (2-ton unit in the large room and 1-ton unit in the game room). The home has been freshly painted and offers replaced flooring, updated showers, and remodeled bathrooms. Enjoy

    Mireya Cevallos Exp Realty, LLC

    312 Ocotillo Dr, Elephant Butte, NM 87935
  • /100

    $500,000

    $95K PRICE DROP
    • 3 Beds
    • 4 Baths
    • 2,515 Sq Ft

    34 Underwood Place, Elephant Butte, NM 87935

    STEP INTO A WORLD WHERE ANCIENT ELEGANCE MEETS MODERN COMFORT IN THIS STUNNING PROPERTY, METICULOUSLY CRAFTED TO EVOKE THE TIMELESS SPIRIT OF GREEK ARCHICTECTURE. INSPIRED BY THE SELLER'S IN-DEPTH KNOWLEDGE AND APPRECIATION OF THE CULTURE, TALL CLEAN -LINED COLUMNS PROVIDE A MAJESTIC "TEMPLE-FRONT" AESTHETIC GRAND ENTRY. ONCE INSIDE, A VIEW OF THE LAKE AND KETTLETOP IS BEAUTIFULLY FRAMED BY THE

    JASON VICKERS Homesteaders Realty

    34 Underwood Place, Elephant Butte, NM 87935
  • /2

    $9,950

    $8K PRICE DROP
    • Land
    • 1.6 Acres
    • $6,219 per Acre

    794 Pinto Trail, Elephant Butte, NM 87935

    1.60 Acre lot in Lakeshore Highlands. Just minutes from Elephant Butte Lake. Build your dream home

    Rachel Woodard Homesteaders Realty

    794 Pinto Trail, Elephant Butte, NM 87935
  • /38

    $295,000

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,109 Sq Ft

    31 Underwood, Elephant Butte, NM 87935

    Location Location. Well maintained site built 2 BR 1 3/4 bath home in prestigious Lakeshore Highlands. Just minutes to Elephant Butte Lake. Property offers lake views, private well, new roof, covered patio. Storage shed. Oversized extended 2 car garage with a built in workshop, cabinets & new skylights. Laundry room includes new skylight. Plenty of room to expand on this 1.2 acre lot. Horses

    LaNeer Wrye Cripple Creek Realty

    31 Underwood, Elephant Butte, NM 87935
  • /15

    $89,000

    • Land
    • 1.54 Acres
    • $57,792 per Acre

    1003 Rock Canyon, Elephant Butte, NM 87935

    Perfect spot to build your dream home on this partially cleared corner lot. Sits on a corner lot off the main drag of Rock Canyon Road. Just minutes to Elephant Butte Lake. Utilities are all near by in the road. Septic needed. Offered by LaNeer Wrye or Summer Woods @ Cripple Creek Realty. Call 575-740-2711 or 575-650-0930

    LaNeer Wrye Cripple Creek Realty

    1003 Rock Canyon, Elephant Butte, NM 87935
  • /50

    $516,000

    • 3 Beds
    • 2 Baths
    • 2,947 Sq Ft

    5 Hackney Circle St, Elephant Butte, NM 87935

    C. Earl Greer and Plaza Realty 575-744-5140 offers this estate Nestled on 2.27 acres with breathtaking views of Elephant Butte Lake, this stunning New Mexico-style home offers the perfect blend of tranquility, space, and Southwest charm. Step inside to a spacious living room featuring a classic kiva fireplace and French doors that open to a large covered patio with viga ceilingsan ideal setting

    C. Earl Greer Plaza Realty

    5 Hackney Circle St, Elephant Butte, NM 87935
  • /21

    $355,000

    • 3 Beds
    • 3 Baths
    • 1,728 Sq Ft

    120 Mustang Dr, Elephant Butte, NM 87935

    Enjoy these beautiful lake views and the surrounding 360 views from your home. With close to an acre and a half of land, take a stroll around your property and feel like you were in a park with all the beautiful landscaping and metal artwork. This is the top-of-the-line Cavco manufactured home assessed as real property with a deactivated title which makes financing options easy and tons

    Summer Woods Cripple Creek Realty, LLC

    120 Mustang Dr, Elephant Butte, NM 87935
  • /41

    $699,000

    • 3 Beds
    • 3 Baths
    • 2,078 Sq Ft

    8 Hackney Circle St, Elephant Butte, NM 87935

    Gorgeous Pueblo-Style Estate on Nearly 14 Acres! Welcome to this stunning pueblo-style home perched near one of the highest points in Lakeshore Highlands, offering breathtaking views of the surrounding mountains and beautiful Elephant Butte Lake. This grand estate features 3 bedrooms, 3 bathrooms, and a central vacuum system for added convenience. Car enthusiasts and hobbyists will love the

    C. Earl Greer Plaza Realty

    8 Hackney Circle St, Elephant Butte, NM 87935
  • /37

    $429,900

    New Construction
    • 4 Beds
    • 3 Baths
    • 1,940 Sq Ft

    106 Inca St, Elephant Butte, NV 89735

    Brand-New 2026 Triplex Prime Investment or Owner-Occupant Opportunity! Dont miss this incredible opportunity to own a newly built 2026 triplex in a growing area near Elephant Butte Lake and Truth or Consequences! This modern property features three well-designed units, including one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units. Each unit is thoughtfully finished

    Cheryl Shipley Rio Mesa Realty

    106 Inca St, Elephant Butte, NV 89735
  • /46

    $293,500

    $17K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,928 Sq Ft

    865 Highway 181, Truth Or Consequences, NM 87901

    Looking for the best of both worlds? Here it is! Over 4 acres of Country Charm with City Convenience: Experience serene living with room to grow, surreal views with virtually no close neighbors within a stone's throw! BLM land surrounds the northside of this incredible property where you'll find many trails and nature's southwest beauty to enjoy for days! Come see this custom 1,900+ sq. ft. ranch

    Felipe Rodriguez Volare Realty Group LLC

    865 Highway 181, Truth Or Consequences, NM 87901

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Why Live in Elephant Butte

Elephant Butte, located at the northern edge of the Chihuahuan Desert in New Mexico, is a community known for its outdoor recreation and laid-back desert living. The area is adjacent to Elephant Butte Lake, the largest artificial reservoir in the state, which attracts tourists and residents alike with its beaches, marinas, and fishing opportunities. The Turtleback Mountain Golf Course, part of the Turtleback Mountain Golf & Resort area, is open to the public and will host the New Mexico Open from 2025 to 2027. Elephant Butte is one of the most OHV-friendly communities in the country, allowing off-highway vehicles on nearly all streets. Housing in Elephant Butte includes midcentury ranch-style and manufactured homes, as well as newer constructions featuring Tuscan-style and Pueblo Revival architecture. The community hosts several annual events, such as the Fourth of July fireworks, the Kayak Fishing Tournament in May, and the Elephant Butte Fine Arts & Crafts Show in November. Shopping is limited to locally owned stores, with major retailers located a few miles south in Truth or Consequences. Dining options are primarily mom-and-pop restaurants, including the popular Bigfoot Restaurant. Elephant Butte is zoned to Truth or Consequences Municipal Schools, with Arrey Elementary School being the highest-rated. The area is conveniently connected by State Roads 181 and 195, which link to Interstate 25, providing easy access to Albuquerque Airport, 150 miles away. The closest medical center, Sierra Vista Hospital and Rural Health Clinic, is located 6 miles south in Truth or Consequences.

Frequently Asked Questions

What is the average home price in Elephant Butte, NM?
Homes for sale in Elephant Butte, NM have an average home price of $396,013.
How many homes have sold over the last 12 months in Elephant Butte, NM?
41 homes have sold in Elephant Butte, NM over the last 12 months.
What is the average household income in Elephant Butte, NM?
The average household income in Elephant Butte, NM is $64K.
What are the most popular zip codes in Elephant Butte, NM?
The most popular zip codes in Elephant Butte, NM include 87901, 87942 and 87931.
How much do you need to make to afford a house in Elephant Butte?
The median home price in Elephant Butte is $349,000. If you put a 20% down payment of $69,800 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $1,780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $76K a year to afford the median home price in Elephant Butte. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Elephant Butte is $64K.
How are the schools in Elephant Butte, NM?
Elephant Butte, NM has highly rated public and private schools. The best school in Elephant Butte based on Niche Grade is Hot Springs High School. Browse all the schools in Elephant Butte, NM to learn more.

Home Price Trends

Median Sale Price
$299,000
Median Single Family Sale Price
$325,000
Median 2 Bedroom Sale Price
$249,500
Median 1 Bedroom Sale Price
$110,000
Average Price Per Sq Ft
$187
Number of Homes for Sale
23
Last 12 months Home Sales
41
Months of Supply
6.70
Median List Price
$349,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
13%
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