27

Elephant Butte, NM Homes for Sale under $500,000

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  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /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
  • /49

    $349,900

    • 4 Beds
    • 2.5 Baths
    • 2,291 Sq Ft

    507 Skyline Dr, Elephant Butte, NM 87935

    Welcome to this beautiful Southwestern-style 4-bedroom, 2.5-bath modular home, where comfort, space, and New Mexico charm come together. The thoughtfully designed floor plan offers generous living areas, a dedicated laundry room, and plenty of room for family and guests. The spacious primary suite is a true retreat, featuring a large walk-in closet, dual vanities, and a private bath with a

    Cheryl Shipley Rio Mesa Realty

    507 Skyline Dr, Elephant Butte, NM 87935
  • /26

    $225,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft

    605 Hawthorne Dr, Elephant Butte, NM 87935

    WOULD YOU LIKE A NEW, NEVER LIVED IN HOME AT ELEPHANT BUTTE? THIS 2024 MFG HOME WITH 3BR, 2BA AND OVER 1300 SQ FT OF LIVING AREA IS READY FOR YOU! LAMINATE FLOORING, SPACIOUS KITCHEN WITH ISLAND AND PLENTY OF CABINETS, NEW APPLIANCES, DINING AREA, UTILIY AREA WITH ROOM FOR VACUUM CLEANER, MOPS, ETC. LARGE FAMILY ROOM TO RELAX IN, PLAY BOARD GAMES, WATCH MOVIES OR TV, REFRIGERATED AIR. PLENTY OF

    JASON VICKERS Homesteaders Realty

    605 Hawthorne Dr, Elephant Butte, NM 87935
  • /22

    $239,000

    • 3 Beds
    • 2 Baths
    • 1,037 Sq Ft

    506 Bass, Elephant Butte, NM 87935

    Enjoy the best of Southwest living in this beautifully remodeled 3-bedroom, 2-bath manufactured home situated on a spacious 0.55-acre lot. Located just minutes from Elephant Butte Lake, this property offers the perfect blend of comfort, convenience, and outdoor recreation. With the state park directly behind the home, you'll enjoy added privacy and quick access to boating, fishing, hiking, and

    Cheryl Shipley Rio Mesa Realty

    506 Bass, Elephant Butte, NM 87935
  • /3

    $296,100

    • Land
    • 9,583 Sq Ft
    • $1,345,909 per Acre

    1 Country Club, Elephant Butte, NM 87935

    INVESTOR'S PACKAGE WITH 36 +- LOTS IN ELEPHANT BUTTE ESTATE. PACKAGE WILL NOT BE BROKEN CALL LISTING REALTORS FOR INFORMATION. RECORDED PLATS ARE AVAILABLE AT THE SIERRA COUNTY CLERKS OFFICE. LOTS VARY IN SIZE.

    Helen Lyon Cripple Creek Realty, LLC

    1 Country Club, Elephant Butte, NM 87935
  • /54

    $230,000

    $30K 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
  • /26

    $439,000

    • 3 Beds
    • 2 Baths
    • 1,566 Sq Ft

    201 Las Cruces, Elephant Butte, NM 87935

    Kick off your golf course living at hole number one, in this 3 bed | 2 bath home inside the gated Turtleback Resort & Golf community in Elephant Butte. Open-concept layout with tile flooring throughout, fireplace in the living room, and sliding glass doors with desert views. Kitchen features a 5-burner gas range with convection ovens and air fryer capability, granite countertops, custom

    CRISTAL GARCIA EXIT Realty Horizons

    201 Las Cruces, Elephant Butte, NM 87935
  • /48

    $489,000

    • 3 Beds
    • 2.5 Baths
    • 1,920 Sq Ft

    206 Tierra Verde Cir, Elephant Butte, NM 87935

    CALL NOW RIO MESA REALTY 5757406877...Resort-style living in the gated Tierra Verde community at Turtleback Mountain Resort. Nestled in a spacious cul-de-sac, this single-level 3 bed, 2.5 bath home offers 1,920 sq ft, golf course and Turtleback Mountain views, refrigerated cooling, forced-air heat, low-maintenance desert landscaping, and a rare 40-foot boat garage designed to easily accommodate a

    Cheryl Shipley Rio Mesa Realty

    206 Tierra Verde Cir, Elephant Butte, NM 87935
  • /53

    $275,000

    • 3 Beds
    • 2 Baths
    • 1,881 Sq Ft

    507 Ontario Dr, Elephant Butte, NM 87935

    Have you been waiting for a home close to the lake......Welcome to 507 ONTARIO LOCATED IN ELEPHANT BUTTE , NEW MEXICO. You will love this spacious and inviting home with its own detached 2 car garage and an amazing 18' x 60' RV/Boat shopfor all your toys. Home is nestled in a quiet neighborhood within a hop skip, and jump to Elephant Butte Lake! The 1880-sq-ftmain house features three generously

    Cheryl Shipley Rio Mesa Realty

    507 Ontario Dr, Elephant Butte, NM 87935
  • /25

    $280,000

    • 3 Beds
    • 2 Baths
    • 1,822 Sq Ft

    106 Knox Dr, Elephant Butte, NM 87935

    Welcome to this beautifully remodeled, turnkey 3-bedroom, 2-bath home offering 1,822 sq. ft. of comfortable living space in a desirable location near Elephant Butte Lake and the Sierra Del Rio Golf Course. Relax and unwind on the inviting screened-in front porch while taking in breathtaking mountain views & New Mexico's stunning sunsets. Enjoy year-round sunshine in the spacious 18' x 20'

    Karolyn Chavez Realty One of New Mexico

    106 Knox Dr, Elephant Butte, NM 87935
  • /11

    $215,000

    • 3 Beds
    • 2 Baths
    • 1,380 Sq Ft

    135 Huron Dr, Elephant Butte, NM 87935

    Just minutes from Elephant Butte Lake! This charming 3-bedroom, 2-bath home offers a spacious living area, generous kitchen with plenty of cabinetry, updated walk-in tiled shower, attached one-car garage, and a large backyard with mature shade trees and room for your boat or RV. Whether youre looking for a primary home, vacation getaway, or investment opportunity, youll love being close to

    Vanessa Woertink Cripple Creek Realty, LLC

    135 Huron Dr, Elephant Butte, NM 87935

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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