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$850,000
134640 MLS
Prime commercial investment opportunity in Ruidoso, NM! Ideally located in a high-visibility area, this versatile multi-unit property features six separate units, offering excellent income-producing potential and flexibility for a variety of business uses. Several units are currently occupied by existing tenants, providing the opportunity for immediate rental income, while the remaining spaces offer potential for new tenants or owner occupancy. The multi-unit configuration allows investors to diversify rental income while maximizing the property's commercial potential. Whether you're looking to expand your investment portfolio or establish your own business while generating additional revenue, this property offers a rare opportunity in the desirable Ruidoso market.

1031 Mechem Dr, Ruidoso

Listing courtesy of Listing Agent: Mirissa Good (mirissa@steinborn.com) from Listing Office: Better Homes & Gardens Real Estate - Steinborn & Associates.
$849,500
4 Beds ⋅ 5 Baths ⋅ 134606 MLS
SANTA FE-STYLE HOME WITH SIERRA BLANCA VIEWS! Custom, one-owner home offers 4BD/4.5BA with approx 0.96 acres-two lots. The open kitchen, dining & living area has tongue-and-groove ceilings & a window package showcasing the views. The kitchen has granite countertops, a breakfast bar, custom cabinetry & stainless-steel appliances. Enjoy the views from the hot tub, wrap-around low-maintenance deck or by the indoor or outdoor fireplace. Additional living spaces include an upper-level retreat with a sun deck & a downstairs family lounge. Primary bedroom is on the main level. Two central forced-air heat/AC systems serve the main & upper levels, with radiant heat downstairs. Bamboo flooring is on the upper level; features include a carport, a metal roof, forestry compliance. Furnished!!

311 & 313 Valley View Dr, Ruidoso

Listing courtesy of Listing Agent: Loverin Real Estate Team (richard@ruidosorealestate.com) from Listing Office: Loverin Real Estate.
$800,000
4 Beds ⋅ 3 Baths ⋅ 134598 MLS
204 Mountain High Circle is a 4 bedroom, 3 bath site built home, tucked into the pines of Grindstone Canyon Resort. Home sits on a wooded 0.91 acre lot w/ slope views in every direction. A covered front entry opens to easy, open-concept living: rustic wood ceiling inset, exposed beams, & a rocked fireplace w/ custom mantel. Engineered wood floors run through the living areas, w/ carpeted bedrooms & tiled baths. The kitchen pairs granite counters w/ quality cabinetry & stainless appliances. Primary suite, guest room, & bath are on the main level; downstairs adds two bedrooms, a bath, a game room, & an office. Two low maintenance composite decks w/ metal railings, made for quiet evenings watching the wildlife pass through while soaking in the hot tub. Home has Central heat & air.

204 Mountain High Cir, Ruidoso

Listing courtesy of Listing Agent: Monique Randall (monique@futurerealestate.com) from Listing Office: Future Real Estate.
$895,000
134452 MLS
Exceptional commercial opportunity on highly traveled US Hwy 70 in the heart of Ruidoso, NM. Located between the Elks Lodge and Twin Spruce RV Park, this high-visibility property offers excellent frontage, convenient access, and established utility infrastructure. Its prime location and flexible potential make it an outstanding candidate for redevelopment, repositioning, residential living or a visionary commercial project designed to maximize the site's highest and best use. Whether you're seeking a signature location for a new venture or a property with long-term upside in one of Ruidoso's busiest corridors, this is a rare opportunity to invest in a highly visible asset with future development potential. Please see Notice in regards to a portion of the land being affected by prior flood.

25912 Us Hwy 70, Ruidoso

Listing courtesy of Listing Agent: Ann Marie Gillum (ann@steinborn.com) from Listing Office: Better Homes & Gardens Real Estate - Steinborn & Associates.
$875,000
5 Beds ⋅ 4 Baths ⋅ 134302 MLS
Immaculate well cared for home in a beautiful Ruidoso neighborhood! This Fully furnished 5 bedroom / 4 bath, 3 Living Areas, Floor to Ceiling Windows / Vaulted ceilings & Open Concept Living, with many upgrades throughout. 3 car garage, Large, paved / circle drive & multiple decks make outdoor enjoyment optimal year round! Situated on .69 acre & the option to purchase the 1/2 acre lot next door. Cozy up to one of the 2 fireplaces & enjoy easy access to town, Golf, hiking, biking & more. Book your showing today!

310 Ll Davis Dr, Ruidoso

Listing courtesy of Listing Agent: Deanna Miller (deannathomp@gmail.com) from Listing Office: Pinnacle Real Estate & Dev.
$900,000
6 Beds ⋅ 4 Baths ⋅ 134158 MLS
Rare Ruidoso investment opportunity featuring not one, but THREE fully furnished 2023 manufactured homes on one property with approximately 2.37 acres of land. Currently operating as short-term rentals, this unique mountain retreat includes a spacious 3-bedroom home, a cozy 2-bedroom home, and an adorable tiny house. Each home offers its own private entrance, separate outdoor space, and private hot tub, creating the perfect setup for guests seeking privacy and relaxation. Nestled among the pines with easy access to Midtown, dining, shopping, casinos, hiking, and skiing, this turnkey property is ideal for investors, multi-generational living, or a live-in rental opportunity. Homes accessed using 556 Gavilan Canyon Rd & 103 Tower Road.

556 Gavilan Canyon Rd, Ruidoso

Listing courtesy of Listing Agent: Mirissa Good (mirissa@steinborn.com) from Listing Office: Better Homes & Gardens Real Estate - Steinborn & Associates.
$845,000
134054 MLS
Prime Commercial Space on Mechem Drive - Great Location and Visibility: 1228 Mechem Dr. is under a long-term lease with Nmed.1230 Mechem Dr has prominent frontage on Hwy 48 (Mechem Dr), attracting high daily traffic. The site offers ample parking and a flexible layout for various business types. Zoned C-2 (check with Ruidoso Village), it's near major retailers, dining options, and professional services, creating a lively neighborhood vibe. Located in the heart of Ruidoso's main commercial area, this prime property provides excellent visibility and easy access for locals and tourists alike. An excellent chance to grow your brand in this vibrant mountain town, ideal for boutiques, professional offices, or specialty services.

1228/1230 Mechem Dr, Ruidoso

Listing courtesy of Listing Agent: Joel R. Balderrama (joelb4210@yahoo.com) from Listing Office: Coldwell Banker SDC.
$899,000
4 Beds ⋅ 4 Baths ⋅ 134022 MLS
Experience mountain living at its finest in this stunning mountain home featuring breathtaking Sierra Blanca and valley views and located within close proximity to Lincoln National Forrest. Designed for both comfort and entertaining, this spacious retreat offers 4 bedrooms, 4 bathrooms, a dedicated office, two living areas, a game room, and exceptional indoor-outdoor living spaces.Step into the impressive main living room, where soaring vaulted ceilings, striking wood columns, and expansive windows perfectly frame the mountain views. Just off the living area, the well-appointed kitchen features a center island, double ovens, and a coffee bar with an additional sink, while the adjoining dining area opens to a covered deck--ideal for entertaining or simply soaking in the scenery.

137 Powell St, Ruidoso

Listing courtesy of Listing Agent: Brant Hamilton (brant@hamiltonteam.net) from Listing Office: Fathom Realty NM.
$850,000
133945 MLS
A rare and exciting opportunity to own a well established restaurant. It was established in 1993, the Lincoln County Grill has been a beloved staple of the Ruidoso dining scene for over three decades. Known for its welcoming mountain-town atmosphere, exceptional food, and unparalleled hospitality, this well established restaurant has built an incredibly loyal following of both local residents and year-round tourists. The sale includes all furniture, fixtures, and equipment. Also enjoy the great outdoor dining and mountain flair.

2717 Sudderth Dr, Ruidoso

Listing courtesy of Listing Agent: James Paul Martin (paul@enchantedlandshomes.com) from Listing Office: Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso.
$899,000
4 Beds ⋅ 3 Baths ⋅ 133897 MLS
Experience luxury in Ruidoso's Upper Canyon. A beautifully remodeled 4-bedroom, 3-bathroom retreat. Nestled along the Rio Ruidoso, this home blends rustic charm with modern elegance featuring wood floors, granite countertops, and wood-siding exterior that complements its serene natural surroundings. With a large second living room and game room, this home is ideal for entertaining guests or enjoying peaceful family time. Whether you are seeking a full-time residence, vacation home, or investment property, this home delivers unmatched comfort and location.

207 W Riverside Dr, Ruidoso

Listing courtesy of Listing Agent: Erika Brianne Perry (erika@hilonm.com) from Listing Office: HiLo Real Estate.
$885,000
4 Beds ⋅ 4 Baths ⋅ 133881 MLS
Panoramic views and easy living in White Mountain Estates, This wonderful home includes large heated driveway, 2 car garage, solar panels, metal roof, stucco exterior, extra off-street parking, a fenced backyard, plus an apartment with separate entrance. The main level offers a spacious great room with vaulted ceilings, large windows, wood flooring, and a wood-burning stove. Super functional kitchen w/updated tile floors and the is nearby laundry/mudroom with half bath and backyard access. Three bedrooms complete the main level, including a private primary suite and two guest rooms with a Jack & Jill bath. The accessory dwelling features a private lower-level suite with a 1 bed/1 bath apartment, full kitchen, radiant heating, & stacked washer/dryer--ideal for rental or multi-gen living.

319 Ll Davis Dr, Ruidoso

Listing courtesy of Listing Agent: Julie C. Rigsby (juliecrigsbyc21@gmail.com) from Listing Office: Century 21 Aspen Real Estate.
$850,000
3 Beds ⋅ 4 Baths ⋅ 133305 MLS
Rancho Vista Townhomes - Luxury Living in a Gated Community. Experience refined living in this upscaled 3BD/3.5BA furnished townhome. This residence features custom design touches throughout, including upgraded cabinetry, granite countertops, and appliances. Enjoy a spacious main living area plus a versatile lower-level family room--perfect for hosting or unwinding. The home boasts two gas log fireplaces and wraparound decks with a built-in BBQ that extend your living space outdoors, providing inviting areas to relax and entertain. Additional highlights include a durable metal shake roof, attached two-car garage, plantation shutters and nice views. A perfect blend of comfort, style, and convenience awaits at Rancho Vista Townhomes.

105 Racquet Pl Unit # 100, Ruidoso

Listing courtesy of Listing Agent: Loverin Real Estate Team (richard@ruidosorealestate.com) from Listing Office: Loverin Real Estate.
$849,000
6 Beds ⋅ 5 Baths ⋅ 133254 MLS
Welcome to this spacious and thoughtfully updated single-level home offering 6 bedrooms and 5 bathrooms, ideally suited for families, multi-generational living, or short-term rental investors. With a proven short-term rental history, this property provides both comfort and income potential. Located in the heart of town, you're just moments from grocery stores, hiking trails, shopping, and top-rated restaurants--everything you need is right at your doorstep. Inside, enjoy a versatile game room equipped with Murphy beds, providing flexible additional sleeping space for guests. The level-access semi-circular driveway ensures easy entry and plenty of parking. Whether you're looking for a full-time residence, vacation getaway, or income-generating property, this home delivers.

106 Buckner Dr, Ruidoso

Listing courtesy of Listing Agent: Clarissa A Silva (clarissa@steinborn.com) from Listing Office: Better Homes & Gardens Real Estate - Steinborn & Associates.
$825,000
4 Beds ⋅ 4 Baths ⋅ 132943 MLS
Beautifully Furnished, Gorgeous Santa Fe/Pueblo, Stucco Home. Great Views of Sierra Blanca and South Vistas for Privacy, Warm Winters, and Reasonable Utility Costs. Huge Trex Decks, Courtyard with Outdoor Kitchen & Brick Floors, Vaulted Ceilings! Oversize 2 Car Garage. 4 bd 3 1/2 Baths, 3 Fireplaces, Inviting Living Room and Decks!! Additional Game/Family Room. Quiet Seclusion, Paved Access and Privacy on a Cul De Sac! All Underground Utilities! Good Parking.

104 Pat Thompson Ct, Ruidoso

Listing courtesy of Listing Agent: Joseph A. Zagone (joezagone@zianet.com) from Listing Office: Century 21 Aspen Real Estate.
$830,000
5 Beds ⋅ 3 Baths ⋅ 132213 MLS
NOT IN FLOOD ZONE - Spacious mountain home with stunning views from two covered decks. Main level features 3 bedrooms one is a master 2 baths, while the lower level offers a den, 2 bedrooms which one is another master and a bath. Highlights include a river rock fireplace with gas starter, granite throughout, custom cabinets, and built -in bookshelves. Tile floors in the main areas, carpet in bedrooms and den. Ample storage , dual heat,, 2 water heaters. Easy year round access.

200 Sunrise Ct, Ruidoso

Listing courtesy of Listing Agent: Robin K Shackelford (robinshackrealestate@gmail.com) from Listing Office: Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.