Active
5 beds3,111 sqft
165 Reese Drive, Ruidoso, NM 88345
Est: $3,586/moGet pre-approved
Single FamilyProperty Type
1.2 acresLot Size
1950Year Built
$193/sq ftPrice per sq ft

Description

Experience mountain living in this spacious 5-bedroom, 4.5-bath home situated on over an acre in Ruidoso New Mexico! Designed with flexibility in mind, the home also offers the potential for a private mother-in-law suite! Inside, you'll find an ample size game room, a formal dining room, and generous living spaces designed for comfort and gathering. Outside, enjoy your own recreational retreat with a basketball court, volleyball net, and plenty of room to relax and entertain. Complete with a 2-car...Experience mountain living in this spacious 5-bedroom, 4.5-bath home situated on over an acre in Ruidoso New Mexico! Designed with flexibility in mind, the home also offers the potential for a private mother-in-law suite! Inside, you'll find an ample size game room, a formal dining room, and generous living spaces designed for comfort and gathering. Outside, enjoy your own recreational retreat with a basketball court, volleyball net, and plenty of room to relax and entertain. Complete with a 2-car garage and located just minutes from shopping, dining, and outdoor recreation, this property offers the perfect combination of space, comfort, and convenience.
57 days on Market
  • Listed by: Sara McMasters 575.973.8262 Ruidososara@gmail.com Brokerage DRE #REC-2024-0021 • Better Homes & Gardens Real Estate - Steinborn & Associates
Last updated: 08/19/2026 06:47 PM • Source: Ruidoso/Lincoln County AOR, MLS#: 134356

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Location

Listing Courtesy of Better Homes & Gardens Real Estate - Steinborn & Associates
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$3,586 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,198

Property Taxes

$389

HOA Dues

$0

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Property Information for 165 Reese Drive

Property Details
  • Taxes: $4,664 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: See Remarks
  • Subdivision Name: Palmer Gateway
  • Has View: Yes
  • View: Mountain(s), Trees/Woods
  • Zoning: R1
Building Information
  • Stories: 1
  • Year Built: 1950
  • Lot Size: 1.20 AC / 52,272 SF
Summary
Location and General Information
  • Latitude: 33.326392
  • Longitude: -105.637704
  • MLS Area Major: Ruidoso
Taxes and HOA
  • Tax Annual Amount: $4,664.00
  • Tax Block: 10
  • Tax Lot: 41A
  • Tax Tract: 1
  • Tax Year: 2025
Parking
  • Garage: Yes
  • Parking Features: Driveway, Garage, Paved
Property
Lot Information
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 1.2
  • Lot Size Area: 1.2
  • Lot Size Units: Acres
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Property and Assessments
  • Living Area: 3111.0
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1950
Building Features
  • Construction Materials: Stucco
  • Levels: One
  • Roof: Shingle
  • Stories: 1
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public, Well
Interior and Exterior Features
Exterior Features
  • Fencing: Back Yard, Fenced, Partial
  • Patio And Porch Features: Rear Porch, Porch
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Cooling: Central Air, Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Forced Air, Fireplace(s)
  • Has Heating: Yes
  • Has Fireplace: Yes
  • Total Fireplaces: 2
  • Fireplace Features: Gas, Pellet Stove, Wood Burning Stove
  • Interior Features: Ceiling Fan(s), Pantry
  • Laundry Features: Laundry Room
  • Room Type: Bonus Room, Game Room, Laundry

Property History for 165 Reese Drive

DateEvent & SourcePriceAppreciation
Aug 19, 2026

Price Change

Ruidoso/Lincoln County AOR #134356

$599,000—
Jul 2, 2026

Listed (Active)

Ruidoso/Lincoln County AOR #134356

$650,000—
Oct 1, 2024

Sold

Ruidoso/Lincoln County AOR #130781

—
DateEvent & SourcePrice
08/19/2026

Price Change

Ruidoso/Lincoln County AOR #134356

$599,000
07/02/2026

Listed (Active)

Ruidoso/Lincoln County AOR #134356

$650,000
10/01/2024

Sold

Ruidoso/Lincoln County AOR #130781

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 165 Reese Drive

Taxable ValueLand$13,399Additions$141,095Total$154,494
Tax Record2025$4,665 ($389 / month)
Home Facts
Beds0Total Finished SqFt2,765 SqFtAbove Grade Finished SqFt2,765 SqFtStories1Lot Size55,191 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1950CountyLINCOLNAPN4-074-065-096-282

Schools near 165 Reese Drive

This home is within Ruidoso Municipal Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Sierra Vista Primary School
PublicPK to 2

White Mountain Elementary School
Public3 to 5

Ruidoso Middle School
Public6 to 8

Ruidoso High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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165 Reese Drive is a single family home for sale in Ruidoso, NM 88345. This property was listed for sale on July 2, 2026 by Better Homes & Gardens Real Estate - Steinborn & Associates, it's currently listed at $599,000. It has been on the market for a total of 57 days and was last sold on October 1, 2024. This listing's school district is Ruidoso Municipal Schools. Nearby schools include Sierra Vista Primary School, White Mountain Elementary School and Ruidoso Middle School. 165 Reese Drive is a 5-bed, 5-bath, 3,111 sqft single family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate - Steinborn & Associates

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Ruidoso/Lincoln County Association of REALTORS®. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright ©2026 Ruidoso/Lincoln County Association of REALTORS®. All rights reserved.