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300 S Ridge Rd, Silver city, NM, 88061

4beds
3baths
2,102sqft
$289,000
$137price/sqft
$2,087/moest. monthly cost
$83,480/yrincome needed

About This Home

Don’t miss this wonderful opportunity in Silver City! This inviting property offers comfort, space, and beautiful Southwest charm in a desirable location. Enjoy peaceful surroundings while still being just minutes from town. This home features a functional layout with bright living spaces and a welcoming kitchen. Outside, you’ll find plenty of room to relax, entertain, or create your own outdoor oasis. Whether you're looking for your first home, an investment opportunity, or a place to settle in and enjoy the Silver City lifestyle, this property offers great potential.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
La Plata Middle SchoolGrades 7-85.7 mi
4/10
Silver High SchoolGrades 9-125.6 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Electric Range,Refrigerator,Water Heater
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Walk-In Closet(s)

Heating & Cooling

  • Heating features: Fireplace(s)
  • Cooling features: Central Air,Refrigerated,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,102
  • Total interior livable area: 2,102 sqft

Property

Details

  • Parcel number: R079075
  • Zoning description: County - NONE
  • Special condition: None

Features

  • Stories: 1
  • Patio & porch: Covered,Glass Enclosed,Patio
  • Fencing: Wire
  • Has view: Yes
  • View description: Mountain(s)
  • Living area range: 2101 - 2400

Lot

  • Lot size: 2.99 Acres
  • Features: No Landscaping

Parking

  • Parking features: Attached,Garage,Oversized
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Wildfire
Winter Weather
Inland Flooding

FEMA Declared Disasters in Grant County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,461$17,532
Home Insurance *$99$1,188
Property Taxes $378$4,536
Electricity $149$1,793
Total$2,087$25,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,554/yr
40% on housing$62,610/yr
45% on housing$55,653/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 88061$250
Grant County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 88061$195
Grant County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-28Listed for sale$299,000
2026-04-13Contingent$299,000
2026-02-23Price change$299,000
2026-02-15Listed for sale$315,000
2026-01-01Listing removed$315,000
2025-12-09Price change$315,000
2025-09-20Price change$339,000
2025-09-04Listed for sale$340,000
2025-07-21Contingent$340,000
2025-05-02Listed for sale$340,000
2025-04-11Listing removed$344,000
2025-04-04Price change$344,000
2025-02-20Price change$349,000
2025-01-02Listed for sale$350,000
2024-09-30Listing removed$360,000
2024-09-03Price change$360,000
2024-08-15Listed for sale$375,000
2024-08-06Listing removed--
2024-07-02Price change$410,000
2024-06-08Price change$420,000
2024-05-31Price change$430,000
2024-04-23Price change$440,000
2024-03-23Price change$450,000
2024-02-17Listed for sale$475,000

For Sale by Agent

AgentAlexa Trujillo
BrokerageEnchantment Realty

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