$1,100,000
$150K PRICE DROP

112 Highlands Ln Ruidoso Downs, NM 88346

Estimated payment $7,162/month

Total Views 2,824
4 Beds
4 Baths
4,107 Sq Ft
$268 Price per Sq Ft

Highlights

  • Guest House
  • Horses Allowed On Property
  • River View
  • Barn
  • RV Access or Parking
  • 1.5 Acre Lot

About This Home

Stunning mountain home just seconds away from Ruidoso Downs Race Track and Casino. Main home consists of 3 bedrooms and 3 bathrooms with game room and additional room. Extremely well maintained, level grounds with a turn out for horses. Radiant floor heating throughout and central air conditioning. Mother-in-law quarters consists of one bedroom and one bath with full kitchen and is 1155 sq ft. Exterior buildings consist of a workshop and shop/barn area. Barn is currently being used as workspace but is set up for horse runs. Beautiful landscaping to enjoy the cool mountain evenings with a large deck overlooking the Rio Ruidoso River. Come take a look at this mountain charm! Move in ready!

Listing Agent

Erika Perry

HiLo Real Estate License #REC-2023-0446 Listed on: 05/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,045

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 1.5 Acre Lot
  • River Front
  • Property is Fully Fenced
  • Level Lot

Property Views

  • River
  • Pasture
  • Mountain

Home Design

  • 2-Story Property
  • Mountain Architecture
  • Pitched Roof
  • Metal Roof
  • Log Siding

Interior Spaces

  • 4,107 Sq Ft Home
  • Wood Burning Stove
  • Dining Room
  • Bonus Room
  • Workshop
  • Storage
  • Washer
  • Utility Room
  • Radiant Floor

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Parking

  • 1 Carport Space
  • Circular Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Storage

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Well
  • Cable TV Available

Additional Features

  • Guest House
  • Barn

Community Details

  • Ruidoso Gardens Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 4076064209485

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,045

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Unit Levels: Two
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1950
  • Lot Size Acres: 1.5
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Paved
  • MLS Status: Active
  • Subdivision Name: Ruidoso Gardens
  • Architectural Style: Mountain, Ranch
  • ResoBuildingAreaSource: Assessor
  • New Construction: No
  • Property Attached Yn: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Roof:Metal3: Yes
  • Levels:Two: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Rooms:Workshop: Yes
  • View:Mountain(s): Yes
  • Utilities Cable Connected: Yes
  • Other Structures:Storage3: Yes
  • Other Structures:Barn(s): Yes
  • Fencing Fenced: Yes
  • Water Source:Well: Yes
  • View:River: Yes
  • Other Structures:Guest House: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Master Downstairs, Storage
  • Other Equipment: Negotiable
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace:Wood Burning Stove: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Master Downstairs: Yes
  • Appliances:Electric Oven: Yes
  • Other Rooms:Bonus Room: Yes

Exterior Features

  • Fencing: Fenced, Full
  • Lot Features: Level, Views, Waterfront
  • Other Structures: Barn(s), Corral(s), Guest House, Storage, Workshop
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch
  • Property Condition: Updated/Remodeled
  • Roof: Metal, Pitched
  • View: Mountain(s), Pasture, River, Water
  • Waterfront Features: Rio Ruidoso
  • Horse: Yes
  • Waterfront: Yes
  • Construction Type: Log, Other
  • Exterior Features: RV Hookup, Storage
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Front Porch: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Lot Features:Views: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Fencing - Full: Yes
  • Lot FeaturesView:Pasture2: Yes
  • Lot Features:Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Circular Driveway, Gravel, RV Access/Parking

Utilities

  • Cooling: Central Air
  • Heating: Central, Forced Air, Radiant Floor, Wood Stove
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Heating:Central: Yes
  • Heating:Forced Air: Yes
  • Heating:Wood Stove: Yes
  • Heating:Radiant Floor: Yes

Lot Info

  • Zoning: Other
  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 13045.0
  • Tax Block: 4
  • Tax Lot: 1
  • Tax Map Number: 4076064209485
  • Tax Tract: -

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,575 $119,683 $9,805 $109,878
2024 $3,575 $116,197 $9,519 $106,678
2023 $3,575 $112,813 $9,242 $103,571
2022 $3,244 $109,527 $8,973 $100,554
2021 $3,026 $106,326 $8,711 $97,615
2020 $3,149 $103,230 $8,457 $94,773
2019 $2,929 $101,206 $8,291 $92,915
2018 $2,819 $98,257 $8,049 $90,208
2017 $2,709 $95,395 $7,815 $87,580
2015 $2,732 $95,405 $7,816 $87,589
2014 $2,718 $95,405 $7,816 $87,589
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $1,100,000 -8.3% $268 / Sq Ft
06/22/2025 06/22/25 Price Changed $1,200,000 -4.0% $292 / Sq Ft
05/02/2025 05/02/25 For Sale $1,250,000 -- $304 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $254,000 New Conventional
Closed $271,000 New Conventional
Source: Public Records

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Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 132493

APN: 4076064209485000000

New Mexico Lincoln County Ruidoso Downs 88345

112 Highlands Ln, Ruidoso Downs, NM

This home is located at 112 Highlands Ln, Ruidoso Downs, NM 88346 and is currently priced at $1,100,000, approximately $267 per square foot. This property was built in 1950. 112 Highlands Ln is a home with nearby schools including Sierra Vista Primary School, White Mountain Elementary School, and Ruidoso Middle School.

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Erika Perry
Listing Agent
Erika Perry
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HiLo Real Estate
(575) 210-5322