$685,000

151 Lower Terrace Dr Ruidoso, NM 88345

Estimated payment $4,282/month

Total Views 39,484
4 Beds
3 Baths
3,448 Sq Ft
$199 Price per Sq Ft

Highlights

  • Views of Trees
  • Wood Flooring
  • 2 Fireplaces
  • Deck
  • Mountain Architecture
  • No HOA

About This Home

Completely Renovated Mountain Home in the Heart of Town with beautiful finishes and thoughtful design throughout. This spacious 4bed/3bath home offers an inviting floor plan, cozy library/office, beautiful fireplace plus a pellet stove, kitchen with solid surface countertops and stainless steel appliances. Property is situated on a spacious level lot and includes a 2-car garage and partially fenced yard.

Listing Agent

Eric Vaughn

Century 21 Aspen Real Estate License #REC-2023-0649 Listed on: 01/06/2026

Century 21 Aspen Real Estate

Co-Listing Agent

Nenada Maslovaric

Century 21 Aspen Real Estate License #54328

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,894

Year Built

  • Built in 1965

Lot Details

  • 24,829 Sq Ft Lot
  • Partially Fenced Property
  • Interior Lot
  • Level Lot

Parking

  • 2 Car Garage

Property Views

  • Trees
  • Pasture
  • Mountain

Home Design

  • Mountain Architecture
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,448 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hamilton Terace Subdivision

Listing and Financial Details

  • Legal Lot and Block 26A / 3
  • Assessor Parcel Number 4072064034351

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,894

Year Built

Built in 1965

Lot Details

0.57 Acres

Parking

2

Listing Details

  • Unit Levels: Two
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1965
  • Current Use: None
  • Lot Size Acres: 0.57
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: o4
  • Co List Office Phone: 575-257-9057
  • Co List Office Phone: 575-257-9057
  • MLS Status: Active
  • Subdivision Name: Hamilton Terace
  • Architectural Style: Mountain
  • ResoBuildingAreaSource: Assessor
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator, Dishwasher, Disposal, Gas Range, Gas Oven, Stainless Steel Appliance(s), Water Heater
  • Flooring: Wood, Vinyl
  • Other Equipment: None
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes

Exterior Features

  • Fencing: Partial
  • Lot Features: Interior Lot, Level, Views
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Deck
  • Roof: Metal, Pitched
  • View: Mountain(s), Trees/Woods, Valley, Pasture
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Rain Gutters, Other
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Zoning: R1
  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 24829.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 4072064034351

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 6894.0
  • Tax Block: 3
  • Tax Lot: 26A
  • Tax Tract: -

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2026 01/06/26 For Sale $685,000 -- $199 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

Purchase 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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Amrock Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Title Source Inc
Interfamily Deed Transfer -- Title Source Inc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $152,630 New Conventional
Previous Owner $182,500 New Conventional
Source: Public Records

About the Listing Agent

Eric Vaughn
Eric Vaughn

Century 21 Aspen Real Estate

(575) 343-9940

Section Image

As the Owner, CEO, and Qualifying Broker of CENTURY 21 Aspen Real Estate, I bring deep market knowledge and a results-driven approach to every client relationship. I am a lifelong local to the Ruidoso and Alto area, I specialize in the buying, selling, and leasing needs of all residential, commercial and farm & ranch type properties throughout Southern New Mexico. I’m a consecutive CENTURY 21 Centurion Producer (TOP 1% of Brokers Nationally) and hold an MBA from New Mexico State University. I

View Eric's Profile

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Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 133482

APN: 4072064034351000000

New Mexico Lincoln County Ruidoso 88345

151 Lower Terrace Dr, Ruidoso, NM

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Eric Vaughn
Eric Vaughn
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Century 21 Aspen Real Estate
(575) 343-9940
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