220 Lookout Dr Unit I4, Ruidoso, NM 88345

$319,000
2
BD
3
BA
1,200
SqFt

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List Price
$319,000
Status
ACTIVE
Days on Market
23
MLS#
134422
Subtype
Residential
Style
Mountain
Year Built
1977
Bedrooms
2
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
1,200
Subdivision
Lookout Estates Cond
MLS Area Major
Ruidoso

Property Description

Thoughtfully updated and offered fully furnished, this turnkey 2-bedroom, 2.5-bath condo combines mountain charm with outstanding investment potential. Beautiful tongue-and-groove ceilings, spacious living areas, and breathtaking Sierra Blanca views create an inviting retreat. Enjoy low-maintenance condo living with a community pool, just minutes from Midtown Ruidoso, golf, hiking, casinos, and Ski Apache. This established short-term rental has produced approximately $57,000 in annual gross rental revenue with an exceptional 4.92-star Airbnb rating across 240+ reviews. A rare opportunity for a mountain getaway, full-time home, or proven income-producing property.

Additional Information

Interior Features
Breakfast Area, Ceiling Fans, Primary Downstairs, Open Floor Plan, Recessed Lighting
Exterior Features
Rain Gutters
Taxes
$3,062
HOA Fee
$348
Property Description
Mountain
Zoning
R3
Flooring
Vinyl, Wood
Appliances
Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Heating
Baseboard, Electric
Air Conditioning
Ceiling Fan(s), Electric, Other
Stories
2
Levels
Two
Roof
Metal, Pitched
Parking Features
Driveway
View
Valley, Trees/Woods

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Gavin Bigger (Sold@GavinBigger.com) from Listing Office: Better Homes & Gardens Real Estate - Steinborn & Associates.