28

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

    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
  • 81 Lost Canyon Rd, Elephant Butte, NM 87935
    81 Lost Canyon Rd, Elephant Butte, NM 87935
    81 Lost Canyon Rd, Elephant Butte, NM 87935
    /75

    $184,000

    $16K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 901 Sq Ft

    81 Lost Canyon Rd, Elephant Butte, NM 87935

    Take a look at this very cool and unique property located in Lost Canyon with views of Elephant Butte Lake! Originally a 1965 10 X 56 Manufactured home, this 3 bed 1 and a half bath home is fully furnished with an additional fridge, updated double pane windows, also includes stainless steel appliances, carpet & linoleum flooring, updated bathrooms with an addition that is the living room. If you

    JASON VICKERS Homesteaders Realty

    81 Lost Canyon Rd, 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
  • 777 New Mexico 181, Truth Or Consequences, NM 87901
    777 New Mexico 181, Truth Or Consequences, NM 87901
    777 New Mexico 181, Truth Or Consequences, NM 87901
    /54

    $175,000

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,120 Sq Ft

    777 New Mexico 181, Truth Or Consequences, NM 87901

    SUNRISES & SUNSETS await the new owner of this private & spacious MFH. Pride of ownership inside & outside this 1976, 3BRS, 1-3/4Ba DW w/over 2100 sq.ft. Tiled entry, spacious LR, formal tiled DR & roomy DEN/FAM. RM. w/fireplace (never used). Country KIT. w/all appliances, dining area, breakfast bar & pantry. Split BR floor plan offers MBR suite w/dual closets & 3/4 BA w/handicap features.

    Andrea Freeman Desert Lakes Realty

    777 New Mexico 181, Truth Or Consequences, NM 87901
  • 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
  • 520 Trout Rd, Elephant Butte, NM 87935
    520 Trout Rd, Elephant Butte, NM 87935
    520 Trout Rd, 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
  • 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
  • 517 San Andres Dr, Elephant Butte, NM 87935
    517 San Andres Dr, Elephant Butte, NM 87935
    517 San Andres Dr, Elephant Butte, NM 87935
    /52

    $139,000

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

    517 San Andres Dr, Elephant Butte, NM 87935

    This appealing 2 bed 1 bath property has a lot to offer! From beautiful views of Turtleback Mountain, along with plenty of room for parking vehicles, lake toys or an RV. End the day relaxing under the back covered patio or front porch. The detached garage and attached carport provide additional storage. Inside features include mini split A/C's, open kitchen and living room area. The home has both

    JASON VICKERS Homesteaders Realty

    517 San Andres Dr, 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
  • 117 Trinity Ave, Truth Or Consequences, NM 87901
    117 Trinity Ave, Truth Or Consequences, NM 87901
    117 Trinity Ave, Truth Or Consequences, NM 87901
    /16

    $140,000

    $15K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 924 Sq Ft

    117 Trinity Ave, Truth Or Consequences, NM 87901

    Your Elephant Butte getaway is here! This 2 bedroom, 2 bath offers easy, low maintenance living and a location close to everything the area is known for (the lake, golf course, restaurants and weekend fun). Inside, the home is move-in ready with a comfortable feel throughout. Enjoy a covered porch that's perfect for morning coffee or unwinding after a day on the water.Affordable, cozy and right

    Anselmo Plancarte LPT Realty

    117 Trinity Ave, Truth Or Consequences, NM 87901
  • 603 Alhambra St, Elephant Butte, NM 87935
    603 Alhambra St, Elephant Butte, NM 87935
    603 Alhambra St, Elephant Butte, NM 87935
    /43

    $199,000

    • 3 Beds
    • 2 Baths
    • 1,368 Sq Ft

    603 Alhambra St, Elephant Butte, NM 87935

    Enjoy the best of lake living in this well-maintained 3-bedroom, 2-bath manufactured home, perfectly located just minutes from Elephant Butte Lake and the golf course. Inside, you'll find a functional walk-through kitchen that flows into the dining room, creating a comfortable space for everyday living and entertaining. Outside, this fully fenced property is ready for all your outdoor adventures.

    Cheryl Shipley Rio Mesa Realty

    603 Alhambra St, Elephant Butte, NM 87935
  • 265 Champagne Hills Rd, Elephant Butte, NM 87935
    265 Champagne Hills Rd, Elephant Butte, NM 87935
    265 Champagne Hills Rd, Elephant Butte, NM 87935
    /20

    $68,300

    • Land
    • 14 Acres
    • $4,879 per Acre

    265 Champagne Hills Rd, Elephant Butte, NM 87935

    Beautiful 14 acre tract with incredible views! Elephant Butte Lake, San Mateo Mtns, Caballo Mtns, San Andres Mtns and the famed Jornado Del Muerto valley can all be seen from this lot! Minutes from Spaceport America! Paved road to property. Flat and ready for your home! Take a look!! C. Earl Greer Plaza Realty 505.350.1155 575.744.5140 ceg@plazarealtynm.com www.plazarealtynm.com

    C. Earl Greer Plaza Realty

    265 Champagne Hills 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

    $10K PRICE DROP
    • 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
  • 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
  • 0 Tierra Verde Cir, Elephant Butte, NM 87935
    0 Tierra Verde Cir, Elephant Butte, NM 87935
    /2

    $88,000

    $7K PRICE DROP
    • Land
    • 14,374 Sq Ft
    • $266,667 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
    /48

    $153,900

    • 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
  • 8 Goff Rd, Truth Or Consequences, NM 87901
    8 Goff Rd, Truth Or Consequences, NM 87901
    8 Goff Rd, Truth Or Consequences, NM 87901
    /20

    $140,000

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft

    8 Goff Rd, Truth Or Consequences, NM 87901

    Charming 2-bedroom, 2-bath manufactured home offering 1,056 sq ft of comfortable living space, situated on a spacious 0.85-acre fully fenced lot. This property is perfect for those seeking room to spread out, featuring multiple outbuildings, carports, and a convenient circular driveway with ample space for RVs and boats. Inside, youll find an open-concept living area complemented by custom doors

    Rachel Woodard Homesteaders Realty

    8 Goff Rd, Truth Or Consequences, NM 87901
  • 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
  • 0 Warm Springs Unit 20263581, Elephant Butte, NM 87935
    0 Warm Springs Unit 20263581, Elephant Butte, NM 87935
    0 Warm Springs Unit 20263581, Elephant Butte, NM 87935
    /7

    $69,000

    • Land
    • 29,185 Sq Ft
    • $102,985 per Acre

    0 Warm Springs Unit 20263581, Elephant Butte, NM 87935

    Prime Commercial Corner Lot Opportunity in Elephant Butte, New Mexico! This highly visible corner lot is strategically located at the intersection of Espina Street and Warm Springs Boulevard, offering excellent exposure and easy access. This property presents an outstanding investment opportunity in a high-traffic tourist destination near Elephant Butte Lake. Ideal for retail, office, restaurant,

    Schabrina Montoya Cripple Creek Realty, LLC

    0 Warm Springs Unit 20263581, Elephant Butte, NM 87935
  • 420 San Mateo Ave, Truth Or Consequences, NM 87901
    420 San Mateo Ave, Truth Or Consequences, NM 87901
    420 San Mateo Ave, Truth Or Consequences, NM 87901
    /54

    $155,000

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

    420 San Mateo Ave, Truth Or Consequences, NM 87901

    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. Flooring will need to be installed in the bedrooms. The home has a spacious living room and open kitchen area with plenty of cabinet space. There is a separate laundry room. The master suite bathroom is very roomy with a bubble tub and separate shower. There is a lot of parking

    JASON VICKERS Homesteaders Realty

    420 San Mateo Ave, Truth Or Consequences, NM 87901
  • 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

    $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 Elephant Butte

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 $272,000, up 3% year-over-year. Homes in Elephant Butte sell in 131 days on average, compared to the national average of 57 days.

Home Price Trends

Median Sale Price
$272,000
Median Single Family Sale Price
$325,000
Median 2 Bedroom Sale Price
$249,000
Median 1 Bedroom Sale Price
$110,000
Average Price Per Sq Ft
$186
Number of Homes for Sale
25
Last 12 months Home Sales
42
Months of Supply
7.10
Median List Price
$349,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
3%
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