11

Elephant Butte, NM Homes for Sale under $400,000

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  • /35

    $335,000

    • 2 Beds
    • 2 Baths
    • 1,685 Sq Ft

    105 La Punta Rd, Elephant Butte, NM 87935

    WELCOME TO YOUR DREAM ESCAPE AT THE MOST AFFORDABLE ASKING PRICE IN ELEPHANT BUTTE'S PRESTIGIOUS CHAMPIONSHIP GOLF COURSE AND RESORT. NESTLED WITHIN THE VILLA TUSCANO NEIGHBORHOOD. THIS SOUTHWEST - STYLE RANCH HOME EFFORTLESSLY COMBINES COMFORT AND STYLE, OFFERING BREATHTAKING SUNSETS AND PEACEFUL MORNINGS FROM THE COVERED PATIO OVERLOOKING THE WELL MANICURED FAIRWAY OF HOLE #18! THIS DELIGHFUL

    Cathy Vickers HOMESTEADERS REALTY

    105 La Punta Rd, Elephant Butte, NM 87935
  • /85

    $330,000

    • 3 Beds
    • 2 Baths
    • 2,079 Sq Ft

    707 Erie Ave, Truth Or Consequences, NM 87901

    Built in 2006, this 3 bed 2 bath home located in Elephant Butte boasts 2,079 sq ft and sits on approximately 3/4 of an acre. Enjoy cooking meals in the open kitchen area with stainless steel appliances and plenty of cabinet space. Interior features include an office room, tile and laminate flooring throughout, large sized bedrooms, a separate laundry room, double sinks in master bath, a tiled

    JASON VICKERS HOMESTEADERS REALTY

    707 Erie Ave, Truth Or Consequences, NM 87901
  • /60

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,928 Sq Ft

    865 Highway 181, Truth Or Consequences, NM 87901

    ENJOY THE BEST OF BOTH WORLDS - PEACEFUL COUNTRY LIVING W/CITY CONVENIENCE PLUS POTENTIAL FOR EXPANSION. This fenced 4.42 acres offers 3BRS, two, 3/4 BA, custom ranch w/over 1900 sq.ft. of comfort & charm. Step inside the spacious Sunroom entry to an inviting oversized LR/DR w/laminate flooring & warmth & character of knotty pine paneling. Country style KIT. boasts granite counters, abundant

    Andrea Freeman DESERT LAKES REALTY

    865 Highway 181, Truth Or Consequences, NM 87901
  • /89

    $339,000

    • 2 Beds
    • 2 Baths
    • 1,506 Sq Ft

    33 Greer Ln, Elephant Butte, NM 87935

    This modular home, built in 2004, sits on 1.75 acres, and offers ample space, with both lake and desert mountain views. Upon entering this well-kept, 1506 square foot, 2 bed 2 bath home, the open concept floor plan offers an abundance of natural light, and a spacious living room with a pellet stove. The roomy master bedroom has carpet flooring, a walk-in closet, a private patio, as well as a

    JASON VICKERS HOMESTEADERS REALTY

    33 Greer Ln, Elephant Butte, NM 87935
  • /74

    $349,000

    • 3 Beds
    • 2 Baths
    • 1,960 Sq Ft

    526 Lakeshore Dr, Elephant Butte, NM 87935

    THIS PROPERTY HAS A SURPRISE FOR YOU! FOUR YEARS NEW, IMMACULATE INSIDE AND OUT, TASTEFULLY DECORATED WITH NEUTRAL COLOR SCHEMES, ADDED INSULATION, A LOT OF NATURAL LIGHT SHINES THROUGH MANY WELL-PLACED WINDOWS. ALSO FEATURING WOOD PLANK FLOORING, SPACIOUS KITCHEN WITH LARGE ISLAND AND UNDER COUNTER STORAGE, PLENTY OF CABINET AND COUNTER SPACE, UPGRAGED APPLIANCES THAT REMAIN WITH PROPERTY,

    JASON VICKERS HOMESTEADERS REALTY

    526 Lakeshore Dr, Elephant Butte, NM 87935
  • /66

    $339,000

    • 4 Beds
    • 2 Baths
    • 1,568 Sq Ft

    124 San Mateo Ave, Elephant Butte, NM 87935

    Looking for a place to store your toys? With a 60 X 40 Metal shop, it has just that! This 2005 Cavco 4-bedroom, 2 bath 1568 sq ft home has laminated, tile and carpet flooring. The carpet has been updated in November of 2025. Open living room, dining area and an updated master bathroom. The property is completely fenced, enough room for RV parking and with the covered back porch, makes it a great

    JASON VICKERS HOMESTEADERS REALTY

    124 San Mateo Ave, Elephant Butte, NM 87935
  • /33

    $315,000

    • 3 Beds
    • 1.5 Baths
    • 1,617 Sq Ft

    716 Erie Ave, Elephant Butte, NM 87935

    This charming three-bedroom, two-bath home sits on a half-acre lot just minutes from Elephant Butte Lake and the Sierra del Rio Golf Course at Turtleback Mountain Resort. Its open floor plan and spacious kitchen island create an ideal setting for gatherings and entertaining. A unique double Jack-and-Jill bathroom features two private toilet rooms, each with its own sink, connected by a shared

    Judy Valtierra CRIPPLE CREEK REALTY

    716 Erie Ave, Elephant Butte, NM 87935
  • /19

    $379,900

    • 5 Beds
    • 6 Baths
    • 3,816 Sq Ft

    202 San Mateo Ave, Elephant Butte, NM 87935

    Just Minutes from Elephant Butte Lake! If you're looking for a spacious home just minutes from the water, this one is a must-see! The split-level design offers flexibility for a variety of living arrangements. With minimal effort, you can create a comfortable guest suite or in-law quarters. You'll also find multiple living areas perfect for relaxing, hosting game nights, or watching TV. Outside,

    Elaine Johnson Re/Max Classic Realty - Las Cruces

    202 San Mateo Ave, Elephant Butte, NM 87935
  • /24

    $379,900

    • 5 Beds
    • 6 Baths
    • 3,816 Sq Ft

    202 San Mateo Ave, Elephant Butte, NM 87935

    Ask your broker about the sellers assistance being offered to buyer. Just Minutes from Elephant Butte Lake! If you're looking for a spacious home just minutes from the water, this one is a must-see! The split-level design offers flexibility for a variety of living arrangements. With minimal effort, you can create a comfortable guest suite or in-law quarters. You'll also find multiple living areas

    Elaine Johnson RE/MAX Classic Realty

    202 San Mateo Ave, Elephant Butte, NM 87935
  • /41

    $329,000

    • 3 Beds
    • 2 Baths
    • 1,996 Sq Ft

    301 Stagecoach Dr, Elephant Butte, NM 87935

    OWNER FINANCING 50k Down! Beautiful Lake house within Golf Course community without HOA dues. It has plenty of room to park your boat, RV and toys! Many updates including Resealed roof, New Refrigerated A/C, furnace, stucco, windows, flooring. Remodeled kitchen and bathrooms, new cabinets, appliances, light fixtures, and new septic system. This wonderful home is waiting for you. All Buyers

    David Meyer DM & BM Realty, Inc.

    301 Stagecoach Dr, Elephant Butte, NM 87935
  • /65

    $337,500

    • 4 Beds
    • 2 Baths
    • 1,524 Sq Ft

    402 Skyline Dr, Truth Or Consequences, NM 87901

    Discover this stunning new home in beautiful Elephant Butte New Mexico. crafted with 2x6 construction, and offering a perfect blend of modern design and details. Spanning 1,524 sq. ft., this residence features 4 spacious bedrooms and 2 beautifully appointed bathrooms. The versatile4th bedroom can easily function as an office or cozy den, catering to your lifestyle needs. Situated on an expansive

    Cheryl Shipley RIO MESA REALTY

    402 Skyline Dr, Truth Or Consequences, NM 87901

Home Trends in Elephant Butte, NM

Housing Trends

Median Sale Price
$325,000
Median Single Family Sale Price
$376,500
Average Price Per Sq Ft
$202
Number of Homes for Sale
26
Last 12 months Home Sales
32
Months of Supply
9.80
Median List Price
$364,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
24%
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