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Elephant Butte, NM Homes for Sale

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  • /40

    $529,000

    • 4 Beds
    • 3 Baths
    • 3,815 Sq Ft

    39 Underwood Blvd, Elephant Butte, NM 87935

    LUXURY LAKESIDE LIVING: STUNNING 4-BEDROOM RETREAT AT 39 UNDERWOOD BLVD, ELEPHANT BUTTE, NM Discover your dream home in the prestigious Lakeshore Highlands subdivision of Elephant Butte. This extraordinary 4-bedroom, 3-bathroom, 3,815 sq. ft. Southwestern-style residence offers an unparalleled blend of luxury, comfort, and direct access to New Mexico's premier natural playground and a world-class

    Cheryl Shipley RIO MESA REALTY

    39 Underwood Blvd, Elephant Butte, NM 87935
  • /63

    $630,000

    • 2 Beds
    • 2 Baths
    • 2,419 Sq Ft

    308 Trout Rd, Elephant Butte, NM 87935

    EXPERIENCE LUXURIOUS LAKE LIVING IN THIS EXCEPTIONAL, ONE-OF-A-KIND SITE-BUILT HOME OFFERING 2419 SQ. FT. FT. OF THOUGHTFULLY DESIGNED SPACE ON A BEAUTIFULLY POSITIONED .50 ACRE LOT W/CAPTIVATING LAKE VIEWS. PERFECTLY BLENDING REFINED ELEGANCE W/COMFORTABLE EVERYDAY LIVING, THIS STUNNING HOME DELIVERS BOTH IMPRESSIVE ENTERTAINING AREAS AND INVITING PRIVATE RETREATS. FROM THE MOMENT YOU STEP

    Andrea Freeman DESERT LAKES REALTY

    308 Trout Rd, Elephant Butte, NM 87935
  • /37

    $429,900 New Construction

    • 4 Beds
    • 3 Baths
    • 1,940 Sq Ft

    106 Inca St, Elephant Butte, NV 89735

    Brand-New 2026 Triplex – Prime Investment or Owner-Occupant Opportunity! Don’t miss this incredible opportunity to own a newly built 2026 triplex in a growing area near Elephant Butte Lake and Truth or Consequences! This modern property features three well-designed units, including one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units. Each unit is thoughtfully finished

    Cheryl Shipley RIO MESA REALTY

    106 Inca St, Elephant Butte, NV 89735
  • /100

    $595,000

    • 3 Beds
    • 4 Baths
    • 2,515 Sq Ft

    34 Underwood Place, Elephant Butte, NM 87935

    STEP INTO A WORLD WHERE ANCIENT ELEGANCE MEETS MODERN COMFORT IN THIS STUNNING PROPERTY, METICULOUSLY CRAFTED TO EVOKE THE TIMELESS SPIRIT OF GREEK ARCHICTECTURE. INSPIRED BY THE SELLER'S IN-DEPTH KNOWLEDGE AND APPRECIATION OF THE CULTURE, TALL CLEAN -LINED COLUMNS PROVIDE A MAJESTIC "TEMPLE-FRONT" AESTHETIC GRAND ENTRY. ONCE INSIDE, A VIEW OF THE LAKE AND KETTLETOP IS BEAUTIFULLY FRAMED BY THE

    JASON VICKERS HOMESTEADERS REALTY

    34 Underwood Place, Elephant Butte, NM 87935
  • /49

    $516,000

    • 3 Beds
    • 2 Baths
    • 2,947 Sq Ft

    5 Hackney Cir, Elephant Butte, NM 87935

    Nestled on 2.27 acres with breathtaking views of Elephant Butte Lake, this stunning New Mexico-style home offers the perfect blend of tranquility, space, and Southwest charm. Step inside to a spacious living room featuring a classic kiva fireplace and French doors that open to a large covered patio with viga ceilings—an ideal setting for relaxing or entertaining while taking in the sweeping lake

    Earl Greer Plaza Realty

    5 Hackney Cir, Elephant Butte, NM 87935
  • /47

    $519,000

    • 3 Beds
    • 2.5 Baths
    • 2,545 Sq Ft

    107 Pajaritos, Elephant Butte, NM 87935

    “Beautiful Tuscan home, perfectly situated in Villa Tuscano of Elephant Butte’s Turtleback Mountain Golf & Resort overlooking the manicured greens at holes 1 and 2 of the championship golf course. This spacious, open floor plan features a gourmet kitchen with granite countertops, stainless steel appliances, and tile flooring. The cozy, gas fireplace in the living room provides a warm and inviting

    JASON VICKERS HOMESTEADERS REALTY

    107 Pajaritos, Elephant Butte, NM 87935
  • /96

    $438,000

    • 3 Beds
    • 2 Baths
    • 1,431 Sq Ft

    101 Mimbres Dr, Truth Or Consequences, NM 87901

    THEIR CHANGE OF PLANS IS YOUR GOLDEN OPPORTUNITY! Life Happens!! The sellers recently purchased this home and poured their hearts (and budgets) into beautiful updates, but an unexpected situation means they have to move. Their loss is truly your gain. Enjoy a freshly updated home with new HVAC system, and mini split, new master bath vanity, new insulation in the 24 X 40 RV garage, (R50 in

    JASON VICKERS HOMESTEADERS REALTY

    101 Mimbres Dr, Truth Or Consequences, NM 87901
  • /39

    $699,000

    • 3 Beds
    • 3 Baths
    • 2,078 Sq Ft

    8 Hackney Cir, Elephant Butte, NM 87935

    Gorgeous Pueblo-Style Estate on Nearly 14 Acres! Welcome to this stunning pueblo-style home perched near one of the highest points in Lakeshore Highlands, offering breathtaking views of the surrounding mountains and beautiful Elephant Butte Lake. This grand estate features 3 bedrooms, 3 bathrooms, and a central vacuum system for added convenience. Car enthusiasts and hobbyists will love the

    Earl Greer Plaza Realty

    8 Hackney Cir, Elephant Butte, NM 87935
  • /54

    $459,000

    • 3 Beds
    • 2.5 Baths
    • 2,114 Sq Ft

    209 Ave Nido, Elephant Butte, NM 87935

    PANORAMIC VIEWS TO ENJOY FROM INDOORS OR THE COVERED PATIO OUTDOORS! THIS 3 BEDROOM, 2 1/2 BATH HOME OVERLOOKS #15 GREEN AND #16 TEE BOXES LOCATED IN THE METICULOUSLY MAINTAINED TURTLEBACK MOUNTAIN GOLF COURSE AND RESORT. HOME IS LIGHT, BRIGHT AND AIRY! TALL CEILINGS OFFER THE FEEL OF A LARGE HOME. SPACIOUS OPEN KITCHEN THAT OVERLOOKS FAMILY ROOM AND EATING AREA. PANTRY, FORMAL DINING ROOM,

    JASON VICKERS HOMESTEADERS REALTY

    209 Ave Nido, Elephant Butte, NM 87935
  • /48

    $489,000

    • 3 Beds
    • 2.5 Baths
    • 1,920 Sq Ft

    206 Tierra Verde Cir, Elephant Butte, NM 87935

    COME ENJOY THIS AMAZING LIFE OFFERED HERE ON TURTLEBACK MOUNTAIN RESORT. THIS 3 BED ROOM 3 BATHROOM HOME FROM THE MOMENT YOU ENTER THE OPEN TURRET IT FLOWS INTO THE GREAT ROOM , KITCHEN, AND DININGROOM... YOU WILL SEE THE INCREDIBLE VIEWS OF THE GOLF COURSE AND TURTLEBACK MOUNTAIN. THE PRIMARY ROOM IS SPACOUS AND A WONDERFUL BATHROOM TO UNWIND AFTER A LONG DAY. THE OVERSIZED 3 GARAGE IS PERFECT

    Cheryl Shipley RIO MESA REALTY

    206 Tierra Verde Cir, Elephant Butte, NM 87935
  • /22

    $250,000

    • 3 Beds
    • 2 Baths
    • 1,323 Sq Ft

    107 Idaho Ct, Elephant Butte, NM 87935

    LOOKING FOR A HOME THAT IS READY TO MOVE INTO, MINUTES TO ELEPHANT BUTTE LAKE AND A CHAMPIONSHIP RATED GOLF COURSE?? THIS MAY BE JUST WHAT YOU ARE LOOKING FOR. A 7-YEAR-OLD, VERY WELL TAKEN CARE OF, DESIGNED TO BE FUNCTIONAL FOR A FAMILY OR RETIREE PROPERTY WITH TILED FLOORS AND OPEN FLOOR PLAN. WALK INTO A LARGE LIVING ROOM WITH A FREE-STANDING FIREPLACE, KITCHEN WITH PLENTY OF BUTCHER BLOCK

    Cathy Vickers HOMESTEADERS REALTY

    107 Idaho Ct, Elephant Butte, NM 87935
  • /26

    $240,000

    • 3 Beds
    • 2 Baths
    • 1,080 Sq Ft

    200 Trinity Ave, Elephant Butte, NM 87935

    This manufacture home is great and ready for you to move in. Bring your personal items and you're ready for great day at the lake. Home features a 3 bedroom and 2 full baths. Living room with wood stove. Kitchen with eating area. Super nice covered patio facing the north for an early morning coffee time or an evening dinner. Detached two car garage. Completely fenced yard easy care landscaping.

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    200 Trinity Ave, Elephant Butte, NM 87935
  • /2

    $9,950

    • Land
    • 1.54 Acres
    • $6,461 per Acre

    LOT 793 Pinto Trail, Elephant Butte, NM 87935

    1.54 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard HOMESTEADERS REALTY

    LOT 793 Pinto Trail, Elephant Butte, NM 87935
  • /16

    $80,000

    • 2 Beds
    • 1 Bath
    • 692 Sq Ft

    100 Camino Encantado, Elephant Butte, NM 87935

    This two bedroom one bathroom Lake Cabin sits on a corner lot right around the corner from the Sierra Del Rio Golf Course & the entrance to Elephant Butte State Park. The Home has a fenced in covered carport. The newer roof was installed in 2021, twelve solar panels installed in 2022 & four double pained windows installed in 2011. There is not back up batteries for the solar. This is the perfect

    John Lucero Realty One of New Mexico, LLC

    100 Camino Encantado, Elephant Butte, NM 87935
  • /67

    $298,000

    • 3 Beds
    • 1.5 Baths
    • 1,617 Sq Ft

    716 Erie Ave, Elephant Butte, NM 87935

    Discover the perfect blend of comfort, recreation, and convenience in this beautifully maintained three-bedroom, two-bath home on a spacious half-acre lot—just moments from Elephant Butte Lake and the renowned Sierra del Rio Golf Course at Turtleback Mountain Resort. Whether you love boating, golfing, or simply soaking in the New Mexico sunshine, this property puts you right where you want to be.

    Judy Valtierra CRIPPLE CREEK REALTY

    716 Erie Ave, Elephant Butte, NM 87935
  • /3

    $50,000

    • Land
    • 0.61 Acre
    • $81,967 per Acre

    VL Rio Grande Cir, Elephant Butte, NM 87935

    Bring your dreams, your home plans and your lake toys. This lot awaits your dream home or your lake get away home.

    Donald Auge Coldwell Banker Legacy

    VL Rio Grande Cir, Elephant Butte, NM 87935
  • /75

    $199,500

    • 3 Beds
    • 1.5 Baths
    • 560 Sq Ft

    81 Lost Canyon Rd, Elephant Butte, NM 87935

    Take a look at this very cool and unique property located in Lost Canyon with views of Elephant Butte Lake! Originally a 1965 10 X 56 Manufactured home, this 3 bed 1 and a half bath home is fully furnished with an additional fridge, updated double pane windows, also includes stainless steel appliances, carpet & linoleum flooring, updated bathrooms with an addition that is the living room. If you

    JASON VICKERS HOMESTEADERS REALTY

    81 Lost Canyon Rd, Elephant Butte, NM 87935
  • /5

    $233,100

    • Land
    • 0 Acre

    200 Springland Blvd, Elephant Butte, NM 87935

    GREAT Investor's Opportunity! Lakeshore 2nd Filing & Replat packages. Property SOLD in (As is) conditions. Actual address will be issued when purchased. 12 lots +-

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    200 Springland Blvd, Elephant Butte, NM 87935
  • /35

    $335,000

    • 2 Beds
    • 2 Baths
    • 1,685 Sq Ft

    105 La Punta Rd, Elephant Butte, NM 87935

    WELCOME TO YOUR DREAM ESCAPE AT THE MOST AFFORDABLE ASKING PRICE IN ELEPHANT BUTTE'S PRESTIGIOUS CHAMPIONSHIP GOLF COURSE AND RESORT. NESTLED WITHIN THE VILLA TUSCANO NEIGHBORHOOD. THIS SOUTHWEST - STYLE RANCH HOME EFFORTLESSLY COMBINES COMFORT AND STYLE, OFFERING BREATHTAKING SUNSETS AND PEACEFUL MORNINGS FROM THE COVERED PATIO OVERLOOKING THE WELL MANICURED FAIRWAY OF HOLE #18! THIS DELIGHFUL

    Cathy Vickers HOMESTEADERS REALTY

    105 La Punta Rd, Elephant Butte, NM 87935
  • /85

    $330,000

    • 3 Beds
    • 2 Baths
    • 2,079 Sq Ft

    707 Erie Ave, Truth Or Consequences, NM 87901

    Built in 2006, this 3 bed 2 bath home located in Elephant Butte boasts 2,079 sq ft and sits on approximately 3/4 of an acre. Enjoy cooking meals in the open kitchen area with stainless steel appliances and plenty of cabinet space. Interior features include an office room, tile and laminate flooring throughout, large sized bedrooms, a separate laundry room, double sinks in master bath, a tiled

    JASON VICKERS HOMESTEADERS REALTY

    707 Erie Ave, Truth Or Consequences, NM 87901
  • /7

    $59,000

    • Land
    • 0.28 Acre
    • $210,714 per Acre

    103 Jade Loop, Truth Or Consequences, NM 87935

    Build your dream home. Utilities nearby. Ready for the next owner

    Liliana Hernandez Volare Realty Group LLC

    103 Jade Loop, Truth Or Consequences, NM 87935
  • /54

    $185,000

    • 3 Beds
    • 2 Baths
    • 2,120 Sq Ft

    777 New Mexico 181, Truth Or Consequences, NM 87901

    SUNRISES & SUNSETS await the new owner of this private & spacious MFH. Pride of ownership inside & outside this 1976, 3BRS, 1-3/4Ba DW w/over 2100 sq.ft. Tiled entry, spacious LR, formal tiled DR & roomy DEN/FAM. RM. w/fireplace (never used). Country KIT. w/all appliances, dining area, breakfast bar & pantry. Split BR floor plan offers MBR suite w/dual closets & 3/4 BA w/handicap features.

    Andrea Freeman DESERT LAKES REALTY

    777 New Mexico 181, Truth Or Consequences, NM 87901
  • /2

    $49,000

    • Land
    • 0.5 Acre
    • $98,790 per Acre

    719 Erie Ave, Elephant Butte, NM 87935

    Build your dream home on this lot in Elephant Butte! Utilities nearby. Enjoy the space to build a home and have room for a shop still. Minutes from the boat ramp and beaches. Don't miss this one!

    Summer Woods CRIPPLE CREEK REALTY, LLC

    719 Erie Ave, Elephant Butte, NM 87935
  • /90

    $289,000

    • 3 Beds
    • 2 Baths
    • 2,269 Sq Ft

    1113 Skyline Dr, Elephant Butte, NM 87935

    Walk into this beautiful southwest style home and be impressed! From the lovely living room, the separate adobe walled dining area to the chef's delight kitchen with separate sink. In the kitchen, there is a built-in range and oven, lots of counter space and cabinets with Spanish tile accents. Enjoy staying warm by kiva style woodburning fireplace! Tile floor throughout and carpet in each

    JASON VICKERS HOMESTEADERS REALTY

    1113 Skyline Dr, Elephant Butte, NM 87935
  • /13

    $33,000

    • Land
    • 0.64 Acre
    • $51,562 per Acre

    204 Superior Dr, Elephant Butte, NM 87935

    .64 acre lot on paved road in Elephant Butte. Just minutes from Marina del Sur and Sierra Del Rio Golf course. Plenty of room for your home and all your lake toys.

    Rachel Woodard HOMESTEADERS REALTY

    204 Superior Dr, Elephant Butte, NM 87935
  • /21

    $249,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft

    94 Alamosa Village Rd, Elephant Butte, NM 87935

    This well-maintained 3-bedroom, 2-bathroom permanent manufactured home sits on 5 acres of land, offering privacy and beautiful views. Located 15 miles north of Truth or Consequences, New Mexico and close to the scenic North Elephant Butte Lake, this property provides the perfect blend of privacy and convenience. A detached insulated garage offers a versatile space for storage, hobbies, or a

    Schabrina Montoya CRIPPLE CREEK REALTY, LLC

    94 Alamosa Village Rd, Elephant Butte, NM 87935
  • /66

    $339,000

    • 4 Beds
    • 2 Baths
    • 1,568 Sq Ft

    124 San Mateo Ave, Elephant Butte, NM 87935

    Looking for a place to store your toys? With a 60 X 40 Metal shop, it has just that! This 2005 Cavco 4-bedroom, 2 bath 1568 sq ft home has laminated, tile and carpet flooring. The carpet has been updated in November of 2025. Open living room, dining area and an updated master bathroom. The property is completely fenced, enough room for RV parking and with the covered back porch, makes it a great

    JASON VICKERS HOMESTEADERS REALTY

    124 San Mateo Ave, Elephant Butte, NM 87935
  • /2

    $9,950

    • Land
    • 1.92 Acres
    • $5,182 per Acre

    Lot 630 Mustang P, Elephant Butte, NM 87935

    1.92 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard HOMESTEADERS REALTY

    Lot 630 Mustang P, Elephant Butte, NM 87935
  • /2

    $9,950

    • Land
    • 3.37 Acres
    • $2,953 per Acre

    LOT 620 Greer Ln, Elephant Butte, NM 87935

    2.11 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard HOMESTEADERS REALTY

    LOT 620 Greer Ln, Elephant Butte, NM 87935
  • /4

    $2,043,800

    • Land
    • 6.43 Acres
    • $317,854 per Acre

    1 Cedar Canyon Blvd Unit 1, Elephant Butte, NM 87935

    Great Investment Opportunity.

    Helen Lyon Cripple Creek Realty, LLC

    1 Cedar Canyon Blvd Unit 1, Elephant Butte, NM 87935
  • /41

    $1,395,000

    • 4 Beds
    • 3.5 Baths
    • 3,289 Sq Ft

    300 Catfish Rd, Elephant Butte, NM 87935

    Lake living at its finest! This stunning lake house off Hot Springs RD offers soaring ceilings, breathtaking views, porcelain floors, granite counter tops, grand chandelier & custome fixtures and features, HVAC, paid off solar, 10 car garage with four 16 foot automatic drive thru doors, separate apartment, jacuzzi tub, outdoor kitchen and entertainment deck and lake views that will steal your

    Vance Kabella Coldwell Banker Legacy

    300 Catfish Rd, Elephant Butte, NM 87935
  • /55

    $130,000

    • 3 Beds
    • 2 Baths
    • 1,834 Sq Ft

    41 Perch, Elephant Butte, NM 87935

    Discover comfort, space, and scenic beauty in this inviting 3-bedroom, 2-bath home offering 1,834 square feet of well-designed living space. The open living area creates a warm and welcoming atmosphere, perfect for both relaxing and entertaining. A generously sized kitchen with abundant cabinetry provides plenty of storage and functionality, complemented by a cozy breakfast nook for casual

    Rachel Woodard HOMESTEADERS REALTY

    41 Perch, Elephant Butte, NM 87935
  • /36

    $429,900

    • 2 Beds
    • 3 Baths
    • 1,940 Sq Ft

    106 Inca St, Elephant Butte, NM 87935

    Brand-New 2026 Triplex – Prime Investment or Owner-Occupant Opportunity! Don’t miss this incredible opportunity to own a newly built 2026 triplex in a growing area near Elephant Butte Lake and Truth or Consequences! This modern property features three well-designed units, including one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units. Each unit is thoughtfully finished

    Cheryl Shipley RIO MESA REALTY

    106 Inca St, Elephant Butte, NM 87935
  • /52

    $159,000

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft

    517 San Andres Dr, Elephant Butte, NM 87935

    This appealing 2 bed 1 bath property has a lot to offer! From beautiful views of Turtleback Mountain, along with plenty of room for parking vehicles, lake toys or an RV. End the day relaxing under the back covered patio or front porch. The detached garage and attached carport provide additional storage. Inside features include mini split A/C's, open kitchen and living room area. The home has both

    JASON VICKERS HOMESTEADERS REALTY

    517 San Andres Dr, Elephant Butte, NM 87935
  • /58

    $210,000

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    304 Ocotillo Dr, Elephant Butte, NM 87935

    This very well maintained 2018 Champion 1,216 sq ft 3 bed 2 bath home located in Elephant Butte has a lot to offer along with a separate 1/2-acre lower lot that is zoned commercial. Inside features include an open living and kitchen area. Linoleum and carpet flooring, laundry room and a large master bedroom with double sinks, a tub, a separate shower and the closet in the bathroom. Under the

    JASON VICKERS HOMESTEADERS REALTY

    304 Ocotillo Dr, Elephant Butte, NM 87935
  • /2

    $9,950

    • Land
    • 1.92 Acres
    • $5,182 per Acre

    Lot 631 Mustang P, Elephant Butte, NM 87935

    1.92 Acre lot in Lakeshore Highlands. Just minutes from elephant Butte Lake. Build your dream home

    Rachel Woodard HOMESTEADERS REALTY

    Lot 631 Mustang P, Elephant Butte, NM 87935
  • /15

    $89,000

    • Land
    • 1.54 Acres
    • $57,792 per Acre

    1003 Rock Canyon Rd, Elephant Butte, NM 87935

    Perfect spot to build your dream home on this partially cleared corner lot. Sits on a corner lot off the main drag of Rock Canyon Road. Just minutes to Elephant Butte Lake. Utilities are all near by in the road. Septic needed.

    LaNeer Wrye CRIPPLE CREEK REALTY

    1003 Rock Canyon Rd, Elephant Butte, NM 87935
  • /26

    $225,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft

    605 Hawthorne Dr, Elephant Butte, NM 87935

    WOULD YOU LIKE A NEW, NEVER LIVED IN HOME AT ELEPHANT BUTTE? THIS 2024 MFG HOME WITH 3BR, 2BA AND OVER 1300 SQ FT OF LIVING AREA IS READY FOR YOU! LAMINATE FLOORING, SPACIOUS KITCHEN WITH ISLAND AND PLENTY OF CABINETS, NEW APPLIANCES, DINING AREA, UTILIY AREA WITH ROOM FOR VACUUM CLEANER, MOPS, ETC. LARGE FAMILY ROOM TO RELAX IN, PLAY BOARD GAMES, WATCH MOVIES OR TV, REFRIGERATED AIR. PLENTY OF

    JASON VICKERS HOMESTEADERS REALTY

    605 Hawthorne Dr, Elephant Butte, NM 87935
  • /3

    $296,100

    • Land
    • 0.22 Acre
    • $1,345,909 per Acre

    1 Country Club Rd, Elephant Butte, NM 87935

    INVESTOR'S PACKAGE WITH 37+- LOTS IN ELEPHANT BUTTE ESTATE. PACKAGE WILL NOT BE BROKEN. CALL LISTING REALTORS FOR INFORMATION. RECORDED PLATS ARE AVAILABLE AT THE SIERRA COUNTY CLERKS OFFICE. LOTS VARY IN SIZE.

    Helen Lyon CRIPPLE CREEK REALTY, LLC

    1 Country Club Rd, Elephant Butte, NM 87935
  • /33

    $165,000

    • 2 Beds
    • 2 Baths
    • 1,360 Sq Ft

    110 Palomas Ct, Elephant Butte, NM 87935

    Discover Your Perfect Lake Country Retreat Nestled on a peaceful cul-de-sac in charming Elephant Butte, this delightful 2-bedroom, 2-bathroom home offers the ideal blend of comfort and recreational living on an expansive 0.63-acre lot. At 1,360 square feet, this thoughtfully designed residence provides ample space for both relaxation and entertaining. A Home Built for Lake Life Step inside to

    Cathy Vickers HOMESTEADERS REALTY

    110 Palomas Ct, Elephant Butte, NM 87935

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Why Live in Elephant Butte

Elephant Butte, located at the northern edge of the Chihuahuan Desert in New Mexico, is a community known for its outdoor recreation and laid-back desert living. The area is adjacent to Elephant Butte Lake, the largest artificial reservoir in the state, which attracts tourists and residents alike with its beaches, marinas, and fishing opportunities. The Turtleback Mountain Golf Course, part of the Turtleback Mountain Golf & Resort area, is open to the public and will host the New Mexico Open from 2025 to 2027. Elephant Butte is one of the most OHV-friendly communities in the country, allowing off-highway vehicles on nearly all streets. Housing in Elephant Butte includes midcentury ranch-style and manufactured homes, as well as newer constructions featuring Tuscan-style and Pueblo Revival architecture. The community hosts several annual events, such as the Fourth of July fireworks, the Kayak Fishing Tournament in May, and the Elephant Butte Fine Arts & Crafts Show in November. Shopping is limited to locally owned stores, with major retailers located a few miles south in Truth or Consequences. Dining options are primarily mom-and-pop restaurants, including the popular Bigfoot Restaurant. Elephant Butte is zoned to Truth or Consequences Municipal Schools, with Arrey Elementary School being the highest-rated. The area is conveniently connected by State Roads 181 and 195, which link to Interstate 25, providing easy access to Albuquerque Airport, 150 miles away. The closest medical center, Sierra Vista Hospital and Rural Health Clinic, is located 6 miles south in Truth or Consequences.

Frequently Asked Questions

What is the average home price in Elephant Butte, NM?
Homes for sale in Elephant Butte, NM have an average home price of $422,030.
How many homes have sold over the last 12 months in Elephant Butte, NM?
25 homes have sold in Elephant Butte, NM over the last 12 months.
What are the most popular zip codes in Elephant Butte, NM?
The most popular zip codes in Elephant Butte, NM include 87901, 87942 and 87931.
How much do you need to make to afford a house in Elephant Butte?
The median home price in Elephant Butte is $349,000. If you put a 20% down payment of $69,800 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $1,740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K a year to afford the median home price in Elephant Butte. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Elephant Butte, NM?
Elephant Butte, NM has highly rated public and private schools. The best school in Elephant Butte based on Niche Grade is Hot Springs High School. Browse all the schools in Elephant Butte, NM to learn more.

Home Trends in Elephant Butte, NM

Housing Trends

Median Sale Price
$293,000
Median Single Family Sale Price
$331,000
Average Price Per Sq Ft
$191
Number of Homes for Sale
18
Last 12 months Home Sales
25
Months of Supply
8.60
Median List Price
$349,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
13%
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