27

Elephant Butte, NM Homes for Sale under $200,000

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  • 225 Mesa Grande Rd, Elephant Btte, NM 87935
    225 Mesa Grande Rd, Elephant Btte, NM 87935
    225 Mesa Grande Rd, Elephant Btte, 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
  • 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
  • 221 Camino Seis, Elephant Butte, NM 87935
    221 Camino Seis, Elephant Butte, NM 87935
    221 Camino Seis, Elephant Butte, NM 87935
    /15

    $89,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    221 Camino Seis, Elephant Butte, NM 87935

    OWNER FINANCING AVAILABLE! 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.

    Cheryl Shipley Rio Mesa Realty

    221 Camino Seis, Elephant Butte, NM 87935
  • 0 Warm Springs Blvd - 0 5 Acre Unit 1108284, Elephant Butte, NM 87935
    0 Warm Springs Blvd - 0 5 Acre Unit 1108284, Elephant Butte, NM 87935
    /2

    $55,000

    • Land
    • 21,780 Sq Ft
    • $110,000 per Acre

    0 Warm Springs Blvd - 0 5 Acre Unit 1108284, Elephant Butte, NM 87935

    Property is being sold ''As Is.'' All utilities and zoning shall be independently verified by Buyer during the due diligence / inspection period. An ILR or Survey is not currently available and may need to be obtained through the Title Company during escrow.

    Amar Tesch Sperry Van Ness/WACB, Inc.

    0 Warm Springs Blvd - 0 5 Acre Unit 1108284, 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
  • 669 Underwood, Elephant Butte, NM 87935
    669 Underwood, Elephant Butte, NM 87935
    669 Underwood, Elephant Butte, 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
  • 632 Mustang, Elephant Butte, NM 87935
    632 Mustang, Elephant Butte, NM 87935
    632 Mustang, 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
  • 204 Superior Dr, Elephant Butte, NM 87935
    204 Superior Dr, Elephant Butte, NM 87935
    204 Superior Dr, 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
  • 94 Alamosa Village Rd, Elephant Butte, NM 87935
    94 Alamosa Village Rd, Elephant Butte, NM 87935
    94 Alamosa Village 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 ROCKING ZIA REALTY LLC

    94 Alamosa Village Rd, Elephant Butte, NM 87935
  • 620 Greer, Elephant Butte, NM 87935
    620 Greer, 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
  • 327 Mescal Dr, Elephant Butte, NM 87935
    327 Mescal Dr, Elephant Butte, NM 87935
    327 Mescal Dr, 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
  • 122 San Mateo Ave, Elephant Butte, NM 87935
    122 San Mateo Ave, Elephant Butte, NM 87935
    122 San Mateo Ave, Elephant Butte, NM 87935
    /3

    $45,000

    • Land
    • 21,780 Sq Ft
    • $90,000 per Acre

    122 San Mateo Ave, Elephant Butte, NM 87935

    Approximately 0.50 acre vacant lot with beautiful mountain and desert views! Located on a paved road with easy access, this property offers plenty of space to build or place your future home. Enjoyed wide-open New Mexico skies, gorgeous cloud filled sunsets, scenic Mountain views. Great opportunity to own an affordable piece of land in southern New Mexico! Buyer to verify availability of

    Vanessa Woertink Cripple Creek Realty, LLC

    122 San Mateo Ave, Elephant Butte, NM 87935
  • 312 Ocotillo Dr, Elephant Butte, NM 87935
    312 Ocotillo Dr, Elephant Butte, NM 87935
    312 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
  • 794 Pinto Trail, Elephant Butte, NM 87935
    794 Pinto Trail, 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
  • 1003 Rock Canyon, Elephant Butte, NM 87935
    1003 Rock Canyon, Elephant Butte, NM 87935
    1003 Rock Canyon, 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
  • 53 Underwood, Elephant Butte, NM 87935
    53 Underwood, Elephant Butte, NM 87935
    53 Underwood, Elephant Butte, NM 87935
    /54

    $200,000

    $60K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,816 Sq Ft

    53 Underwood, Elephant Butte, NM 87935

    CUSTOM ONE-OWNER RANCH ON 1.40 ACRES IN DESIRABLE LAKESHORE HIGHLANDS! ENJOY SPACE, PRIVACY, AND COMFORT IN THIS WELL-MAINTAINED 2BR, 1-3/4 BA HOME OFFERING OVER 1800 SQ. FT. OF INVITING LIVING SPACE. THE OPEN-CONCEPT LR/DR/KIT. AREA IS PERFECT FOR EVERYDAY LIVING AND ENTERTAINING, FEATURING A 6-BURNER RANGE, SS FRENCH-DOOR REFRIGERATOR, ABUNDANT CABINETRY, AND SERVING COUNTER. THE SPACIOUS

    Andrea Freeman Desert Lakes Realty

    53 Underwood, Elephant Butte, NM 87935
  • 207 Olympic St, Elephant Butte, NM 87935
    207 Olympic St, Elephant Butte, NM 87935
    207 Olympic St, Elephant Butte, NM 87935
    /11

    $25,000

    • Land
    • 13,939 Sq Ft
    • $78,125 per Acre

    207 Olympic St, Elephant Butte, NM 87935

    This .32 acre lot is waiting for you to build your dream home! Utilities are nearby and septic is needed. Attractions in the area include watersports and fishing at Elephant Butte Lake, 2 golf courses, ATVing, the hot springs, and exploring the BLM and National Forests. Come take a look!

    JASON VICKERS Homesteaders Realty

    207 Olympic St, Elephant Butte, NM 87935
  • 102 & 104 Warm Springs Blvd, Elephant Btte, NM 87935
    102 & 104 Warm Springs Blvd, Elephant Btte, NM 87935
    102 & 104 Warm Springs Blvd, Elephant Btte, NM 87935
    /7

    $200,000

    • Land
    • 1.15 Acres
    • $173,913 per Acre

    102 & 104 Warm Springs Blvd, Elephant Btte, NM 87935

    Excellent opportunity in a high-visibility well known location in Elephant Butte! This offering includes two commercial parcels previously utilized for storage and a mechanic shop presenting strong potential for a variety of uses. The property is being sold as-is with all existing personal property conveying. Ideal for an investor or owner-user looking to add value through cleanup and

    Michael Dunn Coldwell Banker Legacy

    102 & 104 Warm Springs Blvd, Elephant Btte, NM 87935
  • 0 Armendariz Unit 20260663, Elephant Butte, NM 87901
    0 Armendariz Unit 20260663, Elephant Butte, NM 87901
    0 Armendariz Unit 20260663, Elephant Butte, NM 87901
    /6

    $69,000

    • Land
    • 2.42 Acres
    • $28,512 per Acre

    0 Armendariz Unit 20260663, 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 exclusivean 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

    0 Armendariz Unit 20260663, Elephant Butte, NM 87901
  • 200 Camino Encantado, Elephant Butte, NM 87935
    200 Camino Encantado, Elephant Butte, NM 87935
    200 Camino Encantado, Elephant Butte, NM 87935
    /27

    $125,000

    • 2 Beds
    • 2 Baths
    • 980 Sq Ft

    200 Camino Encantado, Elephant Butte, NM 87935

    THIS IS A GREAT WEEKEND PROPERTY. MFG HOME OFFERS 2BR, 2BA, REFRIGERATED AIR, LAMINATE FLOORS. UTILITY ROOM, ENJOY COOKING IN THE SPACIOUS KITCHEN WITH COOK ISLAND AND EATING AREA, YOU WON'T MISS ANYTHING AS KITCHEN OPENS UP TO THE LIVING ROOM! LARGE MASTER SUITE, WALK IN CLOSET, BATH. GENEROUS SIZED 2ND BEDROON WITH 2ND BATH. ENJOY ENTERTAINING IN THE ENCLOSED 678 SQ FT SUNROOM, TINTED WINDOWS

    JASON VICKERS Homesteaders Realty

    200 Camino Encantado, Elephant Butte, NM 87935
  • 0 Tierra Verde Cir, Elephant Butte, NM 87935
    0 Tierra Verde Cir, Elephant Butte, NM 87935
    /2

    $75,000

    $20K PRICE DROP
    • Land
    • 14,374 Sq Ft
    • $227,273 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
  • 203 Calle Del Sol, Elephant Butte, NM 87935
    203 Calle Del Sol, Elephant Butte, NM 87935
    203 Calle Del Sol, Elephant Butte, NM 87935
    /50

    $149,500

    $4K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 768 Sq Ft

    203 Calle Del Sol, Elephant Butte, NM 87935

    LOOKING FOR A NICE WEEKEND PROPERTY? DON'T MISS 2 BED 1 BATH 768 SQ FT MANUFACTURED HOME. BUILT IN 2007. THIS HOME HAS AN OPEN KITCHEN WITH EATING AREA, ROOMS LOCATED ON EACH SIDE OF THE HOME. CARPET AND LINOLEUM FLOORING. ENJOY ENTERTAINING AND RELAXING ON THE FRONT COVERED PATIO. PROTECT YOUR TOYS IN THE 18 x 30 DETACHED GARAGE WITH EXTRA PARKING UNDER THE CARPORT. CONVENIENT LOCATION, PAVED

    JASON VICKERS Homesteaders Realty

    203 Calle Del Sol, Elephant Butte, NM 87935
  • 643 Mustang Rd, Elephant Butte, NM 87935
    643 Mustang Rd, Elephant Butte, NM 87935
    643 Mustang Rd, Elephant Butte, NM 87935
    /13

    $50,000

    • Land
    • 3.46 Acres
    • $14,451 per Acre

    643 Mustang Rd, Elephant Butte, NM 87935

    Perfect location to place your home sitting on this 3.46 acre lot in Lakeshore Highlands. Plenty of space for a garage too. Located up Mustang Road towards the end with lots of privacy and great views. Offered by LaNeer @ Cripple Creek Realty Call 575-740-3275

    LaNeer Wrye Cripple Creek Realty

    643 Mustang Rd, Elephant Butte, NM 87935
  • 157 Camino Encantado, Elephant Butte, NM 87935
    157 Camino Encantado, Elephant Butte, NM 87935
    157 Camino Encantado, Elephant Butte, NM 87935
    /72

    $149,000

    • 3 Beds
    • 2 Baths

    157 Camino Encantado, Elephant Butte, NM 87935

    JASON VICKERS Homesteaders Realty

    157 Camino Encantado, Elephant Butte, NM 87935
  • 420 San Mateo Ave, Elephant Butte, NM 87935
    420 San Mateo Ave, Elephant Butte, NM 87935
    420 San Mateo Ave, Elephant Butte, NM 87935
    /54

    $155,000

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,152 Sq Ft

    420 San Mateo Ave, Elephant Butte, NM 87935

    This 3 bed 2 bath 1997 1152 sq ft Cavco double wide manufactured home backs up to the BLM. This is need of some TLC. The home has a spacious living room and open kitchen area with plenty of cabinet space with vinyl flooring throughout. There is a separate laundry room. The primary suite bathroom is very roomy with a bubble tub and separate shower. There is a lot of parking space available on the

    JASON VICKERS Homesteaders Realty

    420 San Mateo Ave, Elephant Butte, NM 87935
  • 406 Skyline Dr, Elephant Butte, NM 87935
    406 Skyline Dr, Elephant Butte, NM 87935
    /2

    $27,000

    $5K PRICE DROP
    • Land
    • 10,890 Sq Ft
    • $108,000 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

    $4K PRICE DROP
    • 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

Real Estate & Homes in Elephant Butte, NM under $200,000

Home Prices in Elephant Butte, NM

The median home sale price in Elephant Butte, NM is $250,000, down 22% year-over-year. Homes in Elephant Butte sell in 140 days on average, compared to the national average of 55 days.

Home Price Trends

Median Sale Price
$250,000
Median Single Family Sale Price
$295,000
Median 2 Bedroom Sale Price
$249,000
Average Price Per Sq Ft
$179
Number of Homes for Sale
25
Last 12 months Home Sales
38
Months of Supply
7.90
Median List Price
$336,250
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-22%
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