$4,200,000
NEW CONSTRUCTION

331 Pine Lodge Rd Capitan, NM 88316

Estimated payment $22,686/month

Total Views 4,045
594 Acres
$7,071 Price per Acre
25,874,640 Sq Ft Lot

Highlights

  • Arena
  • New Construction
  • Panoramic View
  • Early College High School Rated A
  • RV Hookup
  • 594 Acre Lot

About This Lot

Perhaps one of the most sought after gentlemen's ranches in New Mexico. Nestled in a bowl of natural outcroppings, this ranch has the most stunning views of Sierra Blanca Mountain and the Capitan Mountains. This ranch is unique in the fact that it encompasses the Rancho De Caballos Subdivision in it's entirety and an additional 270 acres of ranch land. Also included in this package are two (2) brand new custom homes with the finest of finishes and upgrades. If that's not enough, there is a 180x300 pipe roping arena with return ally. This ranch offers a rare blend of stunning natural beauty, high quality improvements and the tremendous potential for livestock production, hunting, and recreation. Large mule deer bucks and B&C bull elk have been seen on this property.

Listing Agent

Keli Cox

Zia Real Estate License #18750 Listed on: 09/23/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 594 Acre Lot
  • Property fronts a state road
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot

Property Views

  • Panoramic
  • Mountain

Home Design

  • Ranch Style House
  • Mountain Architecture
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stone Veneer
  • Stucco

Interior Spaces

  • 2,500 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Dryer

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Home Security

  • Security Gate
  • Carbon Monoxide Detectors

Parking

  • Garage
  • Circular Driveway
  • RV Hookup

Outdoor Features

  • Courtyard
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Rain Gutters

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Arena

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Well
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 4077047474206

Property Details

Property Type

Land

Est. Annual Taxes

$10,000

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Directions: Take NM 246 North out of Capitan. Property about 2 miles on the left.
  • Unit Levels: One
  • Property Sub Type: Ranch
  • Prop. Type: Residential
  • Year Built: 2023
  • Current Use: Pasture
  • Lot Size Acres: 594.0
  • Road Frontage Type: State Road
  • Road Surface Type: Gravel
  • Co List Office Phone: 575-258-8656
  • MLS Status: Active
  • Subdivision Name: Metes & Bounds
  • Architectural Style: Mountain, Ranch
  • ResoBuildingAreaSource: Assessor
  • New Construction: Yes
  • Property Attached Yn: No
  • Levels:One: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • Cooling:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof:Metal3: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Connected: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood2: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Fencing:Partial: Yes
  • View:Mountain(s): Yes
  • Property Condition:New Construction2: Yes
  • Rooms:Family Room: Yes
  • Fencing Fenced: Yes
  • Security Features Security Gate: Yes
  • Water Source:Well: Yes
  • Utilities Underground Utilities: Yes
  • Other Structures:Arena: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), In-Law Floorplan, Master Downstairs, Open Floorplan, Pantry, Recessed Lighting
  • Other Equipment: See Remarks
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Recessed Lighting: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplace:Wood Burning: Yes
  • Interior Features:Pantry: Yes
  • Other Rooms:Office: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Master Downstairs: Yes
  • Appliances:Wine Refrigerator: Yes
  • Appliances:Convection Oven: Yes
  • Appliances:Bar Fridge: Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • Fencing: Fenced, Partial
  • Lot Features: Cleared, Level, Views
  • Other Structures: Arena
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • Property Condition: New Construction
  • Roof: Metal, Pitched
  • View: Capitans, Mountain(s), Panoramic, Sierra Blanca
  • Waterfront Features: None
  • Horse: Yes
  • Waterfront: No
  • Construction Type: Frame, Stone Veneer, Stucco
  • Exterior Features: Built-in Barbecue, RV Hookup, Courtyard, Outdoor Kitchen, Rain Gutters
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Front Porch: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Level: Yes
  • Lot Features:Views: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • View:Panoramic: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Circular Driveway, Driveway, Gravel

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Security Gate
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Underground Utilities, Water Connected
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Heating:Fireplace(s): Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Lot Info

  • Zoning: Rural
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 25874640.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 4077047474206

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10000.0
  • Tax Block: -
  • Tax Lot: -
  • Tax Tract: -

Map

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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2025 09/23/25 For Sale $4,200,000 -13.4% $1,680 / Sq Ft
10/31/2023 10/31/23 Sold -- -- -- View Prior Sale
08/06/2023 08/06/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $4,850,000 -- --
Source: Ruidoso/Lincoln County Association of REALTORS®

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 133164

APN: 4-077-047-493-295