15

Elephant Butte, NM Homes for Sale under $100,000

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  • LOT 793 Pinto Trail, Elephant Butte, NM 87935
    LOT 793 Pinto Trail, Elephant Butte, NM 87935
    /2

    $9,950

    • Land
    • 1.54 Acres
    • $6,461 per Acre

    LOT 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

    LOT 793 Pinto Trail, Elephant Butte, NM 87935
  • 100 Camino Encantado, Elephant Butte, NM 87935
    100 Camino Encantado, Elephant Butte, NM 87935
    100 Camino Encantado, Elephant Butte, NM 87935
    /16

    $80,000

    • 2 Beds
    • 1 Bath
    • 692 Sq Ft

    100 Camino Encantado, Elephant Butte, NM 87935

    This two bedroom one bathroom Lake Cabin sits on a corner lot right around the corner from the Sierra Del Rio Golf Course & the entrance to Elephant Butte State Park. The Home has a fenced in covered carport. The newer roof was installed in 2021, twelve solar panels installed in 2022 & four double pained windows installed in 2011. There is not back up batteries for the solar. This is the perfect

    John Lucero Realty One of New Mexico, LLC

    100 Camino Encantado, Elephant Butte, NM 87935
  • VL Rio Grande Cir, Elephant Butte, NM 87935
    VL Rio Grande Cir, Elephant Butte, NM 87935
    VL Rio Grande Cir, 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
  • 103 Jade Loop, Truth Or Consequences, NM 87935
    103 Jade Loop, Truth Or Consequences, NM 87935
    103 Jade Loop, Truth Or Consequences, 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
  • 719 Erie Ave, Elephant Butte, NM 87935
    719 Erie Ave, Elephant Butte, NM 87935
    /2

    $49,000

    • Land
    • 21,605 Sq Ft
    • $98,790 per Acre

    719 Erie Ave, Elephant Butte, NM 87935

    Build your dream home on this lot in Elephant Butte! Utilities nearby. Enjoy the space to build a home and have room for a shop still. Minutes from the boat ramp and beaches. Don't miss this one!

    Summer Woods CRIPPLE CREEK REALTY, LLC

    719 Erie Ave, Elephant Butte, NM 87935
  • 204 Superior Dr, Elephant Butte, NM 87935
    204 Superior Dr, Elephant Butte, NM 87935
    204 Superior Dr, Elephant Butte, NM 87935
    /13

    $33,000

    • 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
  • 207 Olympic St, Elephant Butte, NM 87935
    207 Olympic St, Elephant Butte, NM 87935
    /2

    $36,000

    • Land
    • 14,270 Sq Ft
    • $109,890 per Acre

    207 Olympic St, Elephant Butte, NM 87935

    Vacant lot utilities are near site. Easy access to the Lake

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    207 Olympic St, Elephant Butte, NM 87935
  • LOT 620 Greer Ln, Elephant Butte, NM 87935
    LOT 620 Greer Ln, Elephant Butte, NM 87935
    /2

    $9,950

    • Land
    • 3.37 Acres
    • $2,953 per Acre

    LOT 620 Greer Ln, 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

    LOT 620 Greer Ln, Elephant Butte, NM 87935
  • 1003 Rock Canyon Rd, Elephant Butte, NM 87935
    1003 Rock Canyon Rd, Elephant Butte, NM 87935
    1003 Rock Canyon Rd, Elephant Butte, NM 87935
    /15

    $89,000

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

    1003 Rock Canyon Rd, 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.

    LaNeer Wrye CRIPPLE CREEK REALTY

    1003 Rock Canyon Rd, Elephant Butte, NM 87935
  • 23 McRea, Elephant Butte, NM 87935
    23 McRea, Elephant Butte, NM 87935
    23 McRea, Elephant Butte, NM 87935
    /3

    $25,000

    • Land
    • 1.07 Acres
    • $23,364 per Acre

    23 McRea, Elephant Butte, NM 87935

    Champagne Hills is a primo homesite for your dream home overlooking Elephant Butte Reservoir.

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    23 McRea, Elephant Butte, NM 87935
  • TBD Armendariz Rd, Elephant Butte, NM 87901
    TBD Armendariz Rd, Elephant Butte, NM 87901
    TBD Armendariz Rd, Elephant Butte, NM 87901
    /6

    $69,000

    • Land
    • 2.42 Acres
    • $28,548 per Acre

    TBD Armendariz Rd, Elephant Butte, NM 87901

    Perched above the landscape with commanding views of Elephant Butte Lake near the dam, this exceptional 2+ acre land offers a rare sense of privacy and prestige. With minimal neighboring properties, the setting feels expansive, peaceful, and truly exclusive—an ideal backdrop for a luxury custom residence or private retreat. The elevated vantage point captures panoramic lake, desert, and mountain

    Vanessa Woertink CRIPPLE CREEK REALTY, LLC

    TBD Armendariz Rd, Elephant Butte, NM 87901
  • 0 Tierra Verde Cir, Elephant Butte, NM 87935
    0 Tierra Verde Cir, Elephant Butte, NM 87935
    /2

    $89,000

    • Land
    • 14,374 Sq Ft
    • $269,697 per Acre

    0 Tierra Verde Cir, Elephant Butte, NM 87935

    Looking to build your dream home with the most amazing back drop? Look no further! This lot consists of .33 acre and is located in the desired Turtleback Mountain Resort. Surrounded by gorgeous homes, it also offers an amazing golf course, club house and so much more! Seller will consider a real estate contract. Call for details.

    Nicole Golino Nino Trujillo & Company, Inc.

    0 Tierra Verde Cir, Elephant Butte, NM 87935
  • LOT 621 Greer Ln, Elephant Butte, NM 87935
    LOT 621 Greer Ln, Elephant Butte, NM 87935
    /2

    $9,950

    • Land
    • 2.43 Acres
    • $4,095 per Acre

    LOT 621 Greer Ln, Elephant Butte, NM 87935

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

    Rachel Woodard HOMESTEADERS REALTY

    LOT 621 Greer Ln, Elephant Butte, NM 87935
  • 406 Skyline Dr, Elephant Butte, NM 87935
    406 Skyline Dr, Elephant Butte, NM 87935
    /2

    $32,000

    • Land
    • 10,890 Sq Ft
    • $128,000 per Acre

    406 Skyline Dr, Elephant Butte, NM 87935

    Great location close to Elephant Butte Lake! Nice size lot ready to build.

    OMEGA GUZMAN Sea Properties Ltd

    406 Skyline Dr, Elephant Butte, NM 87935
  • 1003 Skyline Dr, Elephant Butte, NM 87935
    1003 Skyline Dr, Elephant Butte, NM 87935
    1003 Skyline Dr, Elephant Butte, NM 87935
    /3

    $33,900

    • Land
    • 21,344 Sq Ft
    • $69,184 per Acre

    1003 Skyline Dr, Elephant Butte, NM 87935

    GREAT LAKE LOT (.49 AC) IN ESTABLISHED NEIGHBORHOOD - PRIVATE AND STILL CLOSE TO ALL LAKE ACTIVITIES - NO UTILITIES ON SITE BUT AVAILABLE. PAVED ROAD - SELLER FINANCING POSSIBLE WITH TERMS ACCEPTABLE TO SELLER. BUILD YOUR DREAM HOME IN THIS GREAT LOCATION.

    Andrea Freeman DESERT LAKES REALTY

    1003 Skyline Dr, Elephant Butte, NM 87935
New Mexico Sierra County Elephant Butte

Real Estate & Homes in Elephant Butte, NM under $100,000

Home Trends in Elephant Butte, NM

On average, homes in Elephant Butte, NM sell after 89 days on the market compared to the national average of 57 days. The median sale price for homes in Elephant Butte, NM over the last 12 months is $309,000, up 18% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$309,000
Median Single Family Sale Price
$279,750
Average Price Per Sq Ft
$198
Number of Homes for Sale
18
Last 12 months Home Sales
22
Months of Supply
9.80
Median List Price
$349,500
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
18%
How to Buy a Home How to Finance a Home How to Sell a Home

In Elephant Butte, there are currently 15 homes for sale priced under $100,000, providing budget-friendly options for prospective buyers. Whether you're in search of houses for sale under 100k or other property types, there are opportunities to discover your ideal home within your budget in Elephant Butte, NM. From cozy starter homes to properties awaiting your personal touch, these affordable residences offer an entry point into the housing market or an opportunity for real estate investment without stretching your finances.

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