$4,200,000
NEW CONSTRUCTION

331 Pine Lodge Rd Capitan, NM 88316

Estimated payment $23,386/month

Total Views 7,837
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: 07/01/2026

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
  • 1 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
  • RV Hookup

Outdoor Features

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

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Arena

Utilities

  • Central Air
  • 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

594 Acres

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: Ranch, Mountain
  • ResoBuildingAreaSource: Assessor
  • New Construction: Yes
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

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

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes

Utilities

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2026 07/01/26 For Sale $4,200,000 0.0% $1,680 / Sq Ft
06/30/2026 06/30/26 Off Market -- -- --
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

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