131 El Paso Rd Ruidoso, NM 88345
Estimated payment $14,997/month
Total Views
1,543
5
Beds
3.5
Baths
7,200
Sq Ft
$347
Price per Sq Ft
Highlights
- Views of Trees
- Open Floorplan
- Interior Lot
- 0.62 Acre Lot
- 1 Fireplace
- 1-Story Property
About This Home
Discover the versatility of this unique commercial property offering both business and residential opportunities. The main building of about 6,000 sq. ft features a spacious retail area with two large offices, a handicap-accessible bathroom, and a kitchenette. The other side offers approximately 1,800 sq ft of living space with 3 bedrooms, 2 bathrooms, an office, full kitchen, cozy living room with gas fireplace, laundry room, large pantry, and private yard—ideal for guests, rental income, or owner occupancy. Also included is another home of about 1,200 sq ft, 2-bedroom, 1-bathroom home with a chicken coop that could be converted into a shed, etc. A newly built storage shed (2023) adds additional value. With commercial zoning and layout, this property is perfect for a boutique, spa, bed & breakfast, event venue, beer & wine garden, or other income-generating ventures. This property has a large asphalt gated parking lot. The 'Pear Lee Boutique' is not included, the owners are open to selling the business and inventory separately. A rare opportunity to own a truly multi-functional property in charming Ruidoso!
Listing Agent
Better Homes & Gardens Real Estate - Steinborn & Associates License #52953 Listed on: 07/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,773
Year Built
- Built in 2008 | Remodeled
Lot Details
- 0.62 Acre Lot
- Interior Lot
- Level Lot
Parking
- Parking Lot
Property Views
- Trees
- Mountain
Home Design
- Pitched Roof
- Metal Roof
- Stucco
Interior Spaces
- 7,200 Sq Ft Home
- 1-Story Property
- Open Floorplan
- 1 Fireplace
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
Community Details
- Palmer Gateway Subdivision
Listing and Financial Details
- Legal Lot and Block 22,23,24 / 7
- Assessor Parcel Number 4074065244432
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,151 | $208,334 | $22,103 | $186,231 |
| 2024 | $6,151 | $208,334 | $22,103 | $186,231 |
| 2023 | $6,151 | $208,334 | $22,103 | $186,231 |
| 2022 | $6,276 | $194,765 | $22,000 | $172,765 |
| 2021 | $0 | $194,746 | $21,998 | $172,748 |
| 2020 | $0 | $194,746 | $21,998 | $172,748 |
| 2019 | $0 | $194,746 | $21,998 | $172,748 |
| 2018 | $0 | $194,746 | $21,998 | $172,748 |
| 2017 | $0 | $194,746 | $21,998 | $172,748 |
| 2015 | -- | $194,765 | $22,000 | $172,765 |
| 2014 | -- | $194,765 | $22,000 | $172,765 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $2,500,000 | -- | $347 / Sq Ft |
Source: Ruidoso/Lincoln County Association of REALTORS®
Similar Homes in Ruidoso, NM
Source: Ruidoso/Lincoln County Association of REALTORS®
MLS Number: 132918
APN: 4074065244432000000
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