107 Terrace Drive, Ruidoso, NM 88345

Local realty services provided by:Better Homes and Gardens Real Estate Steinborn & Associates
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107 Terrace Drive,Ruidoso, NM 88345
$399,000
  • 3 Beds
  • 2 Baths
  • 1,346 sq. ft.
  • Single family
  • Active
Listed by:amee pardo
Office:berkshire hathaway home services enchanted lands, realtors - ruidoso
MLS#:132224
Source:NM_RLCAR

Price summary

  • Price:$399,000
  • Price per sq. ft.:$296.43

About this home

Turnkey Established Income Producer! A convenient and desirable two-story income producing home, steps away from midtown. Close to shops, groceries, the river (outside the flood plain) and entertainment, yet retains the feel of a secluded getaway. Upstairs is a 2 bd, 1 bath with washer/dryer, kitchen,livingroom and deck with wooden Rio Ruidoso views. Downstairs is a successful 8-year nightly rental business listed by Airbnb as a rare gem and guest favorite. This rental has been fully remodeled with 1 bed 1bath studio, kitchenette, extra large walk in closet, and seperate supply closet. Includes a detached 2 car sized workshop/art studio with heat, cooling and additional storage closet. Recent plumbing upgrades will simplify turning this space into a third unit for more nightly rente

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Home facts

  • Year built:1965
  • Listing Id #:132224
  • Added:154 day(s) ago
  • Updated:June 27, 2025 at 03:49 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,346 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Wall Unit(s)
  • Heating:Electric, Fireplace(s), Hot Water

Structure and exterior

  • Roof:Pitched
  • Year built:1965
  • Building area:1,346 sq. ft.
  • Lot area:0.51 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$296.43
  • Tax amount:$4,159

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