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Lincoln County NM Homes under $500,000

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  • /32

    $498,000

    • 2 Beds
    • 2 Baths
    • 1,725 Sq Ft

    174 Meander Dr, Ruidoso, NM 88345

    This home on the river is the one you have been looking for! Spacious two bedroom, two bath, one level. It is located on one of Ruidoso's favorite streets and has a paved circular driveway with low-maintenance landscaping. The spacious master bedroom features a living area and a large picture window with a river view. There is access to the backyard's multi-deck and sitting areas through the

    Angie Olivas Cozy Cabins Real Estate DBA NM Homes & Land

    174 Meander Dr, Ruidoso, NM 88345
  • /22

    $485,000

    • 3 Beds
    • 2 Baths
    • 1,840 Sq Ft

    217 Midiron Dr, Alto, NM 88312

    Walk inside to this comfortable one story floor plan that sits under the cool pines and nestled down off the 12th fairway of Alto Golf and Country Club! Full Golf Membership! Spacious living room with vaulted ceiling, wet bar, wood burning fireplace with stone surrounds and pretty wood mantel, open to kitchen and dining area with large windows overlooking front and back. Kitchen boasts tile

    Julianna Pursley Fathom Realty NM

    217 Midiron Dr, Alto, NM 88312
  • /36

    $410,000

    • 1 Bed
    • 1 Bath
    • 681 Sq Ft

    211 Sonterra Dr, Alto, NM 88312

    Are you ready to downsize and simplify your life? Experience breathtaking views of Sierra Blanca from the living area and deck of this well-maintained, fully furnished cabin situated on six wooded acres. The level grassy meadow in front gently ascends to a beautifully treed area at the back, where the cabin is positioned. There's potential to build another home on the lower lot, and wildlife

    Karen Hofacket Southern New Mexico Realty

    211 Sonterra Dr, Alto, NM 88312
  • /5

    $450,000

    • Land
    • 0.96 Acre
    • $468,750 per Acre

    425 Sudderth Dr, Ruidoso, NM 88345

    Hands-down, one of the best commercial lots in Ruidoso, with heavy traffic, access from multiple roads, and a perfectly flat build site. This is a prime location for a new business, in the heart of a thriving tourist town. This lot offers ample opportunity for you to build on historic Highway 70, one of Lincoln County's main thoroughfares. High visibility is a given, here, located not far from

    Leroy Smith Fathom Realty NM

    425 Sudderth Dr, Ruidoso, NM 88345
  • /84

    $419,900

    • 3 Beds
    • 2.5 Baths
    • 1,708 Sq Ft

    410 Sunny Slope Dr, Ruidoso, NM 88345

    Step into effortless elegance with this completely turn-key, fully furnished home offering 3 bedrooms, 3 baths, and 1,708 sq ft of beautifully renovated living space. Thoughtfully updated in 2023, this residence shines with new vinyl flooring, designer lighting, stunning quartz countertops, and extra living/game room. The primary suite is conveniently located on the main level, creating a blend

    Patrick Valliant Better Homes & Gardens Real Estate - Steinborn & Associates

    410 Sunny Slope Dr, Ruidoso, NM 88345
  • /38

    $499,000

    • 4 Beds
    • 2 Baths
    • 2,484 Sq Ft

    200 Enchanted Forest Loop, Alto, NM 88312

    Welcome to this spacious 4-bedroom, 2-bath home offering 2,484 sq. ft. of comfortable living in the desirable Enchanted Forest area of Alto. This well-maintained property features a covered 2-car carport, ample storage, and a dedicated workshop-perfect for hobbies, tools, or extra space. Enjoy outdoor living year-round on the covered deck, ideal for relaxing or entertaining while taking in the

    Chelsey Koch Future Real Estate

    200 Enchanted Forest Loop, Alto, NM 88312
  • /32

    $425,000

    • 2 Beds
    • 2 Baths
    • 843 Sq Ft

    604 Main Rd, Ruidoso, NM 88345

    A fully remodeled mountain cabin in the heart of Ruidoso known as ''Sticks N Stones''. This space has been successfully hosting guests in Ruidoso for the past 5 years and has proven to be a guest favorite. The home includes 2 bedrooms, 2 baths, sleeps 6 people and is turn key ready-to-go. It would be great at continuing to be a nightly rental, full time residence or second home mountain getaway.

    Andria Shackelford Fathom Realty NM

    604 Main Rd, Ruidoso, NM 88345
  • /38

    $449,000

    • 3 Beds
    • 2 Baths
    • 1,532 Sq Ft

    582 White Mountain Meadows Dr, Ruidoso, NM 88345

    Enjoy Easy Access to this Super cute 1 level, 3 bedroom, 2 bath garden-style home in the coveted, gated community of White Mountain Meadows in the heart of Ruidoso! Flooded with sunlight, you'll love the openness of the Living Area/Dining and Kitchen and a Split plan with 2 guest bedrooms & full bath on 1 side, and Primary bedroom & full bath on the other. 2 car garage, laundry room, front & back

    Kelli Shelton Southern New Mexico Realty

    582 White Mountain Meadows Dr, Ruidoso, NM 88345
  • /27

    $419,500

    • 4 Beds
    • 2.5 Baths
    • 3,467 Sq Ft

    212 Goodnight Loving Trail, Alto, NM 88312

    NICELY DESIGNED ONE-LEVEL SPACIOUS HOME! Offers 4BD/2.5BA situated on two replatted lots combined into spacious approx. 0.81 acre parcel. This quad-wide manufactured home has an inactive title and features a large living area with a freestanding wood stove. Additional highlights include an exercise/hot tub room, a bonus room off the primary bedroom, a dining area, and an eat-in kitchen. Property

    Richard Loverin Loverin Real Estate

    212 Goodnight Loving Trail, Alto, NM 88312
  • /19

    $415,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft

    320 Flume Canyon Dr, Ruidoso, NM 88345

    Take a look at this Gorgeous 3-bedroom, 2 bath 2 story cabin in Ruidoso. This fully furnished cabin features a cozy living room with wood burning fireplace, beautiful laminate wood flooring throughout, wood doors, custom wood shutters, carpeted bedrooms, well-equipped kitchenette with gas range, refrigerator, disposal, microwave, and lots of cabinets. There is a utility room off of the kitchen

    Sabine Matthews REMAX Sierra Blanca Realty

    320 Flume Canyon Dr, Ruidoso, NM 88345
  • /107

    $475,000

    • 3 Beds
    • 3 Baths
    • 1,600 Sq Ft

    146 Jackalope Rd, Capitan, NM 88316

    TWO HOMES! Discover this one-of-a-kind 5-acre property with stunning mountain views, fully fenced and featuring a solar-powered gate opener. The estate includes two charming homes: a cozy 650 sq ft furnished cabin with 1 bedroom, 1 bath, full kitchen, living, and dining areas—perfect for rental income—and a lovely 1,000 sq ft main house with 2 bedrooms, 2 baths, full kitchen, dining, and living

    Margaret Marx Pinnacle Real Estate & Dev

    146 Jackalope Rd, Capitan, NM 88316
  • /56

    $475,000

    • 2 Beds
    • 2 Baths
    • 1,472 Sq Ft

    184 Midiron Dr, Alto, NM 88312

    Beautiful 2 Bedroom / 2 Bathroom, Fully Furnished, Contemporary Cabin in the Woods. This Move-In ready, Open floor plan home has been Completely Remodeled to include Granite Countertops, Stainless Steel Appliances, Brush Gold & Black Faucets, Hardware & Light Fixtures, Tile, New Kitchen & Bathroom Cabinets. The Interior & Exterior of the cabin Repainted as well. Full Golf Membership to 3 private

    Deanna Miller Pinnacle Real Estate & Dev

    184 Midiron Dr, Alto, NM 88312
  • /9

    $499,500

    • Land
    • 4.38 Acres
    • $114,041 per Acre

    Tract 5 Airport Rd, Alto, NM 88312

    Very nice 4.3 acre tract on Airport Road. On corner of Airport Road and Escondida. Roads on 3 sides, gentle sloping. Zoned commercial.Seller is Licensed NM Real Estate Broker.Nice views of Sierra Blanca, Capitan Mts. & Spencer Theater.

    Scott Miller Pinnacle Real Estate & Dev

    Tract 5 Airport Rd, Alto, NM 88312
  • /10

    $465,000

    • 3 Beds
    • 2 Baths
    • 3,040 Sq Ft

    120 Lookout Peak Rd, Capitan, NM 88316

    This property offers privacy, usable land, and a tranquil setting ideal for a primary residence, second home, or investment opportunity. The home features a functional floor plan with an open living area, abundant natural light, and seamless flow between the kitchen, dining, and main living spaces. The bedrooms are generously sized, and the property provides ample flexibility for a variety of

    Kathy Culbertson Fathom Realty NM

    120 Lookout Peak Rd, Capitan, NM 88316
  • /50

    $435,000

    • 4 Beds
    • 3 Baths
    • 2,763 Sq Ft

    139 Rivers Edge Dr, San Patricio, NM 88348

    **Accelerated Marketing Opportunity - Bid Now!** Rio Ruidoso River Frontage – Charming 4-Bedroom Residence in a Storybook Setting Welcome to 139 Rivers Edge, a beautifully situated riverfront home offering peaceful living along the Rio Ruidoso in the heart of San Patricio. This inviting 4-bedroom, 2.5-bath residence combines comfort, space, and the rare privilege of owning private river frontage.

    Paul Taylor RANCHLINE TAYLOR & TAYLOR REALTORS

    139 Rivers Edge Dr, San Patricio, NM 88348
  • /59

    $449,000

    • 3 Beds
    • 2 Baths
    • 1,260 Sq Ft

    121 Squaw Trail, Ruidoso, NM 88345

    Completely Reimagined Mountain Retreat - Turnkey & Fully Furnished. Perched in perfect seclusion yet just minutes from midtown, this stunning 3-bedroom, 2-bath home has been meticulously remodeled from top to bottom and comes fully furnished—ready for you to move in and start living the mountain lifestyle today.Step inside and be greeted by a breathtaking wall of windows framing panoramic

    Margaret Marx Pinnacle Real Estate & Dev

    121 Squaw Trail, Ruidoso, NM 88345
  • /17

    $430,000

    • Land
    • 0.32 Acre
    • $1,343,750 per Acre

    135 Highway 70 E, Ruidoso, NM 88345

    Prime Ruidoso Real Estate on US Highway 70 - Available for purchase and excellent for any type of commercial use. Prime exposure to traffic with perfect on off frontage road. This lot is surrounded by thriving Ruidoso businesses and could be the home of your next commercial project. Inquire today.

    Tori Rivera Vitex Real Estate

    135 Highway 70 E, Ruidoso, NM 88345
  • /37

    $449,000

    • 3 Beds
    • 3 Baths
    • 2,047 Sq Ft

    307B Main Rd, Ruidoso, NM 88345

    NEW LOWER PRICE!This cabin is full of warmth and charm. It is conveniently located at the beginning of the Upper Canyon for easy access, and not in flood zone!! The cabin is updated and beautiful, with a cozy private courtyard featuring a hot tub. As you enter through the French doors, you will find an open living, dining, and kitchen area. The impressive stacked stone fireplace and kitchen

    Angie Olivas Cozy Cabins Real Estate DBA NM Homes & Land

    307B Main Rd, Ruidoso, NM 88345
  • /42

    $480,000

    • 3 Beds
    • 2.5 Baths
    • 2,174 Sq Ft

    545 White Mountain Meadows Dr, Ruidoso, NM 88345

    Beautiful 3 bedroom, 2.5 bath, 2174 square foot, 2 levels. Located in a gated community. Primary bedroom on main level with a gorgeous primary bathroom-huge, jetted tub, walk-in shower, vanity, double sinks and walk-in closet. New paint throughout. Home is stucco with a tile roof. Beautiful wood flooring throughout. Granite countertops, custom built cabinets. A nice sized laundry room with

    James Russ II REMAX Sierra Blanca Realty

    545 White Mountain Meadows Dr, Ruidoso, NM 88345
  • /27

    $498,500

    • 3 Beds
    • 2 Baths
    • 1,878 Sq Ft

    100 Heath Dr, Ruidoso, NM 88345

    CLASSY REMODELED MOUNTAIN-STYLE HOME! This beautifully updated 3BD/2BA home sits on approx. 0.391 acre corner lot with paved, easy access & two-car garage. Convenient location offering wooded valley views, city utilities & is forestry compliant. The home features a spacious open-concept kitchen, dining, and living area, and a large solid-surface kitchen island. Warm up by the wood-burning

    Richard Loverin Loverin Real Estate

    100 Heath Dr, Ruidoso, NM 88345
  • /26

    $499,900

    • 3 Beds
    • 2 Baths
    • 1,730 Sq Ft

    101 Swallow Dr, Ruidoso, NM 88345

    Custom built, 2012 model home! Extremely well taken care of. Clean as a whistle with a beautiful Sierra Blanca view off of the back deck. This three bedroom, two bath home sits on 0.307 of an acre lot. Single car garage with also a carport extending off the front of the home for additional coverage. Unique wood floors in the grand room and carpet in the bedrooms.

    Erika Perry HiLo Real Estate

    101 Swallow Dr, Ruidoso, NM 88345
  • /3

    $450,000

    • Land
    • 0.27 Acre
    • $1,666,667 per Acre

    5E-1 Flute Player Way, Alto, NM 88312

    Great lot with views of golf course and Sierra Blanca.Almost flat with nice homes on each side of lot.

    Scott Miller Pinnacle Real Estate & Dev

    5E-1 Flute Player Way, Alto, NM 88312
  • /24

    $475,000

    • 3 Beds
    • 2.5 Baths
    • 1,900 Sq Ft

    283 Lake Shore Dr, Alto, NM 88312

    Lovingly maintained classic Alto Lakes cabin with an open concept living/entertaining area that flows beautifully out to the wrap-around decks and views. This 3 bedroom, 2-1/2 bath, Golf Membership home provides over 1700 SF of living space including a separate floor for guests (2 bedrooms plus 1 bath) and a large game/TV room on the lower level with 1/2 bath. Situated on a double lot on quiet

    Debbie Higdon Blue Skies Real Estate

    283 Lake Shore Dr, Alto, NM 88312
  • /21

    $449,360

    • 4 Beds
    • 3.5 Baths
    • 2,088 Sq Ft

    13 Vienna Terrace, Ruidoso, NM 88345

    HUGE 4 Bedroom, 3.5 Bathroom family home right on the end of a cul-de-sac! 9 hole golf course, heated/seasonal swimming pool, pickleball courts, basketball court, fishing pond, clubhouse and MUCH more. NEW Bathrooms, NEW Kitchen Appliances and Flooring and NEW Stain on Both Decks. Great views of Golf Course and Creek. Wildlife Galore! Ample parking in a great location. Furnished including a pool

    Melinda Bower Innsbrook Village CC & Resort

    13 Vienna Terrace, Ruidoso, NM 88345
  • /32

    $499,999

    • 3 Beds
    • 3.5 Baths
    • 2,826 Sq Ft

    105 Tanglewood Ln, Alto, NM 88312

    3/4bath this home offers easy access on a quiet dead end road in Alto Lakes Country Club. Valued well below market value this homes interior has an updated kitchen, Saltillo tile floors, bar area, two fire places, and a great big room for kids upstairs. If you want character this one has it. Must see for yourself.

    Brittany Wilson Pinnacle Real Estate & Dev

    105 Tanglewood Ln, Alto, NM 88312
  • /40

    $460,000

    • 2 Beds
    • 1.5 Baths
    • 2,107 Sq Ft

    211 Vera Cruz Rd, Capitan, NM 88316

    In the beautiful, unpolluted central mountains of New Mexico is a turnkey homestead, off-grid, all solar-powered, approximately 11kw photovoltaic with new high-quality equipment and an ample 600Ah Lifepo4 battery system, 10kw inverter with inverter generator backup. Spectacular mountain views, peaceful, quiet, and safe. The custom home is 1200 sq. ft timber (log) framed using local woods,

    Anne New High Desert Homes and Land

    211 Vera Cruz Rd, Capitan, NM 88316
  • /50

    $479,000

    • 3 Beds
    • 3 Baths
    • 1,511 Sq Ft

    162 Reese Dr, Ruidoso, NM 88345

    This beautifully remodeled home is packed with tons of upgrades that you will love! Featuring a new metal roof, electrical, plumbing, ducting, AC unit, flooring, windows, and fully updated bathrooms and kitchen. Tucked among the trees in central Ruidoso, you can watch the various wildlife on the brand-new Trex front deck or relax in your large backyard. You're a short 5 minute drive from Midtown

    Sara McMasters Better Homes & Gardens Real Estate - Steinborn & Associates

    162 Reese Dr, Ruidoso, NM 88345
  • /28

    $494,000

    • 3 Beds
    • 3 Baths
    • 1,680 Sq Ft

    108 Twin Tree Loop, Alto, NM 88312

    Nestled among the trees in Alto, this private and quiet 2-story home offers the perfect balance of comfort and charm. Featuring 3 spacious bedrooms, 3 bathrooms, A game room/theatre room and a social lot with access to 3 premier clubs, this property is ideal for both full-time living and a serene getaway. Recently remodeled, it provides modern updates while preserving its mountain

    Charles Scott Better Homes & Gardens Real Estate - Steinborn & Associates

    108 Twin Tree Loop, Alto, NM 88312
  • /53

    $427,500

    • Land
    • 217 Acres
    • $1,970 per Acre

    tbd Jicarilla Rd, White Oaks, NM 88301

    Discover over 200 breathtaking acres in the historic community of White Oaks, New Mexico. This exceptional property borders BLM land, offering unmatched privacy, expansive views, and sweeping vistas of the storied White Oaks landscape. Partially fenced and featuring a shared well agreement and electric is nearby, this land presents a rare opportunity to build your own dream home, ranch or getaway

    Chad Casson NM Ranch & Luxury, LLC

    tbd Jicarilla Rd, White Oaks, NM 88301
  • /6

    $400,000

    • Land
    • 0.86 Acre
    • $465,116 per Acre

    Lot 39A-1A Lincoln Hills Dr, Alto, NM 88312

    Discover the perfect opportunity to build your dream home in the prestigious Lincoln Hills Subdivision, a premier golf community known for its beautifully manicured landscapes, serene atmosphere, and resort-style amenities. This spacious vacant lot offers a rare chance to join a vibrant neighborhood with access to championship golf, walking trails, clubhouse facilities, and more.

    Scott Miller Pinnacle Real Estate & Dev

    Lot 39A-1A Lincoln Hills Dr, Alto, NM 88312
  • /4

    $425,000

    • Land
    • 0.86 Acre
    • $494,186 per Acre

    Lot 39A-A2 Lincoln Hills Dr, Alto, NM 88312

    Discover the perfect opportunity to build your dream home in the prestigious Lincoln Hills Subdivision, a premier golf community known for its beautifully manicured landscapes, serene atmosphere, and resort-style amenities. This spacious vacant lot offers a rare chance to join a vibrant neighborhood with access to championship golf, walking trails, clubhouse facilities, and more.

    Scott Miller Pinnacle Real Estate & Dev

    Lot 39A-A2 Lincoln Hills Dr, Alto, NM 88312
  • /41

    $450,000

    • 4 Beds
    • 3 Baths
    • 1,935 Sq Ft

    118 Eagle Ridge Rd, Alto, NM 88312

    This home offers everything a family needs. The spacious primary suite is located off the 2-car garage, along with 3 additional bedrooms and 2 additional baths. A separate entrance through the back of the garage leads to a versatile bonus room—perfect as a game room, office, studio, or gym. The newly remodeled kitchen features an electric and gas cooktops plus two islands for ample counter space.

    Rhonda Burns Destiny Real Estate

    118 Eagle Ridge Rd, Alto, NM 88312
  • /7

    $499,500

    • Land
    • 3.39 Acres
    • $147,345 per Acre

    22B-1 Lincoln Hills Dr, Alto, NM 88312

    Don't miss this rare opportunity to own a spacious double lot in the desirable Outlaw/Lincoln Hills subdivision in Alto, NM. With scenic views of the #6 fairway and beautiful mature trees, this property offers the perfect blend of golf course living and natural serenity—ideal for your dream mountain retreat!

    Scott Miller Pinnacle Real Estate & Dev

    22B-1 Lincoln Hills Dr, Alto, NM 88312
  • /42

    $430,000

    • 4 Beds
    • 2 Baths
    • 3,000 Sq Ft

    262 Dawson Rd, Capitan, NM 88316

    Remodeled in 2025, this 12-acre property spans 3 lots with 3,000+ sq. ft. of living space. Breathtaking, panoramic views of the Sierra Blanca Mountain range—some of the best in the area. Enjoy year-round access, southwest exposure, and country privacy near town. Features include a solar powered well pump, two large storage tanks, and a rain catchment system. The master bedroom offers a

    Dan Bolin AMoR Real Estate

    262 Dawson Rd, Capitan, NM 88316
  • /56

    $430,000

    • 3 Beds
    • 2 Baths
    • 2,393 Sq Ft

    115 Perk Canyon Dr, Ruidoso, NM 88345

    A special mountain cabin in the woods! Cozy living area with large Fire Place, dining, kitchen, Master bedroom & bath, laundry, garage on main level. Large front deck Hot Tub on the side. High ceilings makes the interior a giant open space. The upper level offers a small loft overlooking the living/dining area. Two bedrooms with shared full bath. Large den off the bedrooms that gives plenty of

    Doug McAlister Full Circle Realty

    115 Perk Canyon Dr, Ruidoso, NM 88345
  • /28

    $499,000

    • 5 Beds
    • 3 Baths
    • 2,572 Sq Ft

    132 Torrey Pines Trail, Alto, NM 88312

    Great mountain home located in Alto Lakes Golf & Country Club with big views of the Capitan Mountains and the #12 green & fairway. Home has 5 Bedrooms , 3 Baths , game room, living room, and Trex decking to enjoy the views. It is fully furnished with nice furniture , fireplace, and an elevator to the upstairs primary bedroom. This home has a full golf membership that includes 3 mountain golf

    Jerry Ballard Century 21 Aspen Real Estate - Alto Office

    132 Torrey Pines Trail, Alto, NM 88312
  • /65

    $475,000

    • 3 Beds
    • 3 Baths
    • 2,788 Sq Ft

    102 Modoc Place, Ruidoso, NM 88345

    Located just minutes from Midtown Ruidoso, this rare offering includes two homes on one property. It is a versatile setup ideal for a primary residence, vacation getaway, or short- and long-term rental opportunities. With a flat entrance, driveway, and garage, this property combines convenience with mountain charm.The main home features two bedrooms and two full bathrooms, including a

    Desmond Milvenan Mountain Home Properties NM

    102 Modoc Place, Ruidoso, NM 88345
  • /2

    $499,500

    • Land
    • 3.4 Acres
    • $146,912 per Acre

    Lot 32C-1 Lee Trevino Ct, Alto, NM 88312

    Huge Sierra Blanca view from this large 3.4 acre lot. One of the last lots with views like this in Alto or Outlaw.

    Scott Miller Pinnacle Real Estate & Dev

    Lot 32C-1 Lee Trevino Ct, Alto, NM 88312
  • /48

    $500,000

    • 3 Beds
    • 2.5 Baths
    • 2,099 Sq Ft

    131 Shae Rd, Corona, NM 88318

    Nestled in the picturesque Cougar Mountain Estates in Corona, Lincoln County, this custom pueblo-style home offers unparalleled serenity and breathtaking year-round views. Set on a spacious 40-acre lot, the property is bordered on the west by the sprawling 34,000 acres of Cibola National Forest, providing endless opportunities for outdoor adventures and exploration. This 2,099 sq. ft. home

    Matthew Chavez Realty One Group Concierge

    131 Shae Rd, Corona, NM 88318
  • /53

    $489,000

    • 3 Beds
    • 2 Baths
    • 1,792 Sq Ft

    201 Buckner Dr, Ruidoso, NM 88345

    Rye Richardson Zia Real Estate

    201 Buckner Dr, Ruidoso, NM 88345

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