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New Construction Homes in Elephant Butte, NM

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  • /6

    $75,000 Lot/Land

    225 Mesa Grande Rd, Elephant Btte, NM 87935

    • 19,166 Sq Ft
    • $170,455 per Acre

    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
  • /37

    $429,900 Custom Home

    106 Inca St, Elephant Butte, NM 87935

    • 4 Beds
    • 3 Baths
    • 1,940 Sq Ft

    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
  • /37

    $429,900 Custom Home

    106 Inca St, Elephant Butte, NV 89735

    • 4 Beds
    • 3 Baths
    • 1,940 Sq Ft

    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
  • /34

    $469,000 Custom Home

    119 Mesa Grande Rd, Elephant Butte, NM 87935

    • 3 Beds
    • 2 Baths
    • 1,702 Sq Ft

    Luxury Home in Turtleback Resort Steps From Sierra del Rio Golf Course! 119 Mesa Grande, Elephant Butte, NM 3 Bed | 2 Bath | Approx. 1,700 Sq Ft | Premier Resort Community Welcome to luxury desert living in the prestigious Turtleback Resort community. Located directly across from the stunning Sierra del Rio Golf Course, this beautifully crafted 3-bed, 2-bath home blends high-end finishes with

    Cheryl Shipley Rio Mesa Realty

    119 Mesa Grande Rd, Elephant Butte, NM 87935
  • /10

    $1,400,000 Lot/Land

    E 3rd Ave, Elephant Butte, NM 87935

    • 143.21 Acres
    • $9,776 per Acre

    Mims Lake FarmElephant Butte, New MexicoSet in the heart of southern New Mexico's premier recreational corridor, Mims Lake Farm is a rare offering that seamlessly blends agricultural utility with exceptional lifestyle appeal. Located near Elephant Butte Lake, this property is uniquely positioned to take full advantage of the area's renowned golf, lake, and outdoor amenities.

    Beaverhead Group Beaverhead Ranch Group

    E 3rd Ave, Elephant Butte, NM 87935
  • /3

    $50,000 Lot/Land

    VL Rio Grande Cir, Elephant Butte, NM 87935

    • 26,571 Sq Ft
    • $81,967 per Acre

    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
  • /5

    $233,100 Lot/Land

    200 Springland Blvd, Elephant Butte, NM 87935

    • 0 Sq Ft

    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
  • /2

    $55,000 Lot/Land

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

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

    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
  • /7

    $59,000 Lot/Land

    103 Jade Loop, Truth Or Consequences, NM 87935

    • 12,196 Sq Ft
    • $210,714 per Acre

    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
  • /14

    $50,000 Lot/Land

    669 Underwood, Elephant Butte, NM 87935

    • 1.7 Acres
    • $29,412 per Acre

    Rachel Woodard Homesteaders Realty

    669 Underwood, Elephant Butte, NM 87935
  • /23

    $35,000 Lot/Land

    632 Mustang, Elephant Butte, NM 87935

    • 2.6 Acres
    • $13,462 per Acre

    "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
  • /13

    $33,000 Lot/Land

    204 Superior Dr, Elephant Butte, NM 87935

    • 27,878 Sq Ft
    • $51,562 per Acre

    .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
  • /2

    $9,950 Lot/Land

    620 Greer, Elephant Butte, NM 87935

    • 3.37 Acres
    • $2,953 per Acre

    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
  • /4

    $2,043,800 Lot/Land

    1 Cedar Canyon Blvd Unit 1, Elephant Butte, NM 87935

    • 6.43 Acres
    • $317,854 per Acre

    Great Investment Opportunity.

    Helen Lyon Cripple Creek Realty, LLC

    1 Cedar Canyon Blvd Unit 1, Elephant Butte, NM 87935
  • /19

    $36,000 Lot/Land

    327 Mescal Dr, Elephant Butte, NM 87935

    • 1,306 Sq Ft
    • $1,200,000 per Acre

    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
  • /3

    $45,000 Lot/Land

    122 San Mateo Ave, Elephant Butte, NM 87935

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

    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
  • /2

    $9,950 Lot/Land

    794 Pinto Trail, Elephant Butte, NM 87935

    • 1.6 Acres
    • $6,219 per Acre

    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
  • /15

    $89,000 Lot/Land

    1003 Rock Canyon, Elephant Butte, NM 87935

    • 1.54 Acres
    • $57,792 per Acre

    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
  • /3

    $296,100 Lot/Land

    1 Country Club, Elephant Butte, NM 87935

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

    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
  • /11

    $25,000 Lot/Land

    207 Olympic St, Elephant Butte, NM 87935

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

    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
  • /7

    $200,000 Lot/Land

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

    • 1.15 Acres
    • $173,913 per Acre

    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
  • /6

    $69,000 Lot/Land

    0 Armendariz Unit 20260663, Elephant Butte, NM 87901

    • 2.42 Acres
    • $28,512 per Acre

    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
  • /2

    $75,000 Lot/Land

    0 Tierra Verde Cir, Elephant Butte, NM 87935

    • 14,374 Sq Ft
    • $227,273 per Acre

    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
  • /13

    $50,000 Lot/Land

    643 Mustang Rd, Elephant Butte, NM 87935

    • 3.46 Acres
    • $14,451 per Acre

    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
  • /2

    $2,043,800 Lot/Land

    1 Cedar Valley, Elephant Butte, NM 87935

    • 6.43 Acres
    • $317,854 per Acre

    Great Investment opportunity! There is a total of 477 Lots +/-

    Helen Lyon Cripple Creek Realty, LLC

    1 Cedar Valley, Elephant Butte, NM 87935
  • /7

    $69,000 Lot/Land

    0 Warm Springs Unit 20263581, Elephant Butte, NM 87935

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

    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
  • /2

    $27,000 Lot/Land

    406 Skyline Dr, Elephant Butte, NM 87935

    • 10,890 Sq Ft
    • $108,000 per Acre

    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
  • /3

    $33,900 Lot/Land

    1003 Skyline Dr, Elephant Butte, NM 87935

    • 21,344 Sq Ft
    • $69,184 per Acre

    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

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Elephant Butte, NM usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Elephant Butte, NM hold their value?
Yes, especially in fast-growing areas of Elephant Butte, NM. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.
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