Price Reduction - Views
Address
103 University Drive, Ruidoso, NM
Price
$ 519,000
Property Attributes
- MLS#133998
- TypeSingle Family
- Listing Status Active
- CountyLincoln
- CityRuidoso
- AreaRuidoso
- NeighborhoodAirport West 2nd Addition
- Zip88345
- StyleMountain, Ranch
- Year Built1998
- Taxes$ 3725
- Price$ 519,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2160
- Lot Size0.73 Acres
Data Source:
Ruidoso/Lincoln County MLS (RLCMLS)
Property Description
WOW! Dual Cabin Setup situated on approximately 0.72 acres; this unique property features two separate FURNISHED cabins offering flexibility for both personal use and short-term rental income. The main cabin includes 3 bedrooms, 2 bathrooms, and a 2-car garage, providing ample space for families and groups. The second cabin is a well-appointed efficiency unit with a full bath--perfect for additional rental income or guest accommodations. This property is turnkey and ready to generate income immediately. Recent exterior improvements: freshly stained deck and enhanced driveway lighting, creating a welcoming and functional outdoor space. Whether you're looking for a personal mountain retreat, an investment property, or both, this one stands out with its versatility and income potential!
| Price History | |
|---|---|
| 5/1/2026 | Listed $625,000 |
| 6/11/2026 | 5$595,000 |
| 7/6/2026 | 3$575,000 |
| 8/6/2026 | 4$549,500 |
| 8/24/2026 | 2$539,500 |
| 9/11/2026 | 4$519,000 |
General Features
| Utilities | Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected |
|---|---|
| Zoning | R1 |
| View | Trees/Woods |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Parcel Number | 4072062159106 |
| County | Lincoln |
| Property Type | Residential |
| Attached Garage | true |
| Subdivision Name | Airport West 2nd Addition |
| Status | Active |
| City | Ruidoso |
| MLS Area | Ruidoso |
| Lot Size Units | Acres |
| Lot Size Square Feet | 31798.8 |
| Tax Annual Amount | 3725.6 |
| MLS Area Minor | Ruidoso |
| Standard Status | Active |
| Tax Lot | 2A |
| Utilities_co_Cable_sp_Available | true |
| Sewer | Public Sewer |
| Waterfront Features | None |
| Heating | Fireplace(s),Forced Air,Natural Gas,Wood Stove |
| Cooling | Ceiling Fan(s),Central Air |
| Appliances | Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer |
| Architectural Style | Mountain,Ranch |
| Construction Materials | Frame,Wood Siding |
| Year Built | 1998 |
| Levels | One |
| New Construction | false |
| Garage Y/N | true |
| Full Baths | 3 |
| Property Attached Y/N | false |
| Property Condition | Updated/Remodeled |
| Roof | Metal,Pitched |
| Garage Spaces | 2 |
| Patio/Porch Features | Covered,Deck,Front Porch,Other |
| Security Features | Smoke Detector(s) |
| Heating_co_Natural_sp_Gas2 | true |
| Heating_co_Fireplace_lparen_s_rparen_ | true |
| Other Structures | Guest House |
| Heating_co_Wood_sp_Stove | true |
Interior Features
| Total Baths | 3 |
|---|---|
| Interior Amenities | Breakfast Bar,Ceiling Fan(s),Open Floorplan,Storage |
| Furnished Y/N | Furnished |
| Total Fireplaces | 2 |
| Fireplace Features | Other |
| Air Conditioning Y/N | true |
| Fireplace Y/N | true |
| Flooring | Carpet,Varies,Wood |
| Heating Y/N | true |
| Total Bedrooms | 4 |
| Heating-Forced Air | true |
| Unit Type | Studio,3 Bedroom |
| Laundry Features | Washer Hookup,Electric Dryer Hookup |
Exterior Features
| Parking Features | Attached,Circular Driveway,On Site |
|---|---|
| Lot Features | Interior Lot,Level,Sloped Up,Other |
| Water Source | Public |
| Lot Size Area | 0.73 |
| Lot Dimensions | See Plat |
| Lot Size Acres | 0.73 |
| Road Surface Type | Paved |
| Road Frontage Type | City/Public Street |
| Waterfront Y/N | false |
| Fencing | Partial |
| Building Area Total | 2160 |
| Other Equipment | See Remarks |
| Exterior Amenities | Lighting,Rain Gutters |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 88345
Price
Taxes
Year Built
Ruidoso/Lincoln County Association of REALTROS®
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Las Cruces Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
