$375,000
$24K PRICE DROP

203 Lower Terrace Dr Unit 2 Ruidoso, NM 88345

Estimated payment $2,403/month

Total Views 5,228
3 Beds
2.5 Baths
1,600 Sq Ft
$234 Price per Sq Ft

Highlights

  • On Golf Course
  • Deck
  • Wood Flooring
  • Open Floorplan
  • Wooded Lot
  • Mountain Architecture

About This Home

This beautifully updated townhome offers a fantastic main-floor layout featuring a spacious kitchen, dining area, and living room with a cozy rock gas fireplace. The main floor also includes a convenient 1/2 bath, utility room, and access to a gorgeous deck overlooking the serene Cree Meadows Golf Course. The popcorn ceilings have been removed, and the the entire interior has been freshly painted, with charming wood accents throughout. The kitchen boasts updated appliances, and the low HOA fee of just $300 annually adds to the appeal. Upstairs, you'll find 3 comfortable bedrooms and 2 baths, including a primary suite with a private balcony that offers stunning views of the golf course. The front covered porch adds curb appeal, while the home comes fully furnished with mountain decor, including outdoor patio furniture on the deck, perfect for enjoying the scenic surroundings.

Listing Agent

Leslie Sisk

Mountain Home Properties NM License #1178 Listed on: 03/13/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • On Golf Course
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Golf Course
  • Trees
  • Mountain

Home Design

  • Mountain Architecture
  • Pitched Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Storage
  • Utility Room
  • Smart Thermostat

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4072064088300

Community Details

Overview

  • Association fees include ground maintenance
  • Country Club Twnh Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,896

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Unit Levels: Two
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Year Built: 1980
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Paved
  • Co List Office Phone: 575-315-1885
  • MLS Status: Active
  • Subdivision Name: Country Club Twnh
  • Architectural Style: Mountain
  • ResoBuildingAreaSource: Owner
  • New Construction: No
  • Water Source:Public: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • View TreesWoods: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Roof:Metal3: Yes
  • Levels:Two: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • View:Golf Course2: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Flooring:Wood2: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Cooling:Multi Units: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Smart Thermostat, Storage
  • Other Equipment: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace:Gas Log: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Smart Thermostat: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Level, On Golf Course, Views, Wooded
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Property Condition: Updated/Remodeled
  • Roof: Metal, Pitched
  • View: Golf Course, Mountain(s), Trees/Woods
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Lighting, Rain Gutters, Storage
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Front Porch: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Views: Yes
  • Lot Features:On Golf Course: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Parking Lot

Utilities

  • Cooling: Ceiling Fan(s), Multi Units
  • Heating: Baseboard, Forced Air, Natural Gas
  • Security: Smoke Detector(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Baseboard: Yes

Association/Amenities

  • OtherFeesAssociationFee: 300.0
  • OtherFeesAssociationFeeFrequency: Annually
  • Association Fee Includes:Maintenance Grounds: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Zoning: R3
  • Lot Dimensions: -

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3896.0
  • Tax Block: -
  • Tax Lot: -
  • Tax Map Number: 4072064088300
  • 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 $3,023 $100,536 $1,089 $99,447
2024 $3,023 $100,536 $1,089 $99,447
2023 $3,023 $100,536 $1,089 $99,447
2022 $2,109 $65,442 $1,089 $64,353
2021 $2,107 $63,530 $1,057 $62,473
2020 $2,027 $61,679 $1,026 $60,653
2019 $1,095 $37,774 $1,006 $36,768
2018 $1,056 $36,674 $977 $35,697
2017 $1,017 $35,607 $949 $34,658
2015 $942 $32,919 $921 $31,998
2014 $915 $31,960 $894 $31,066
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $375,000 -6.0% $234 / Sq Ft
03/13/2025 03/13/25 For Sale $399,000 +111.1% $249 / Sq Ft
09/13/2019 09/13/19 Sold -- -- --
08/10/2019 08/10/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $189,000 -- $151 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $237,000 New Conventional
Closed $170,950 New Conventional
Source: Public Records

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Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 132226

APN: 4072064088300000000

New Mexico Lincoln County Ruidoso 88345

203 Lower Terrace Dr Unit 2, Ruidoso, NM

This home is located at 203 Lower Terrace Dr Unit 2, Ruidoso, NM 88345 and is currently priced at $375,000, approximately $234 per square foot. This property was built in 1980. 203 Lower Terrace Dr Unit 2 is a home located in Lincoln County with nearby schools including Sierra Vista Primary School, White Mountain Elementary School, and Ruidoso Middle School.

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Nearby Homes
Listing Agent
Leslie Sisk
Section Image
Mountain Home Properties NM
(575) 376-8235