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159 Ponderosa Dr, Ruidoso, NM, 88345

2beds
1baths
641sqft
$138,000
$215price/sqft
$984/moest. monthly cost
$39,360/yrincome needed

About This Home

Fixer-Upper Opportunity - 159 Ponderosa Drive, Ruidoso, NM 2 Bed | 1 Bath | 641 Sq Ft | 9,147 Sq Ft LotInvestor Special - Blank Canvas in the Mountains!Welcome to 159 Ponderosa Drive, a rare opportunity to create your dream mountain retreat in the heart of Ruidoso's charming Brady Canyon neighborhood. This property is completely gutted, offering a clean slate for your vision--whether you're an investor, contractor, or homeowner looking for a custom renovation project.Property Features:2-bedroom, 1-bathroom floor plan (flexible layout potential)641 sq ft of interior spaceExpansive wooded lot

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

6/10
Ruidoso Middle SchoolGrades 6-82.3 mi
4/10
Ruidoso High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1960

Materials

  • Roof: Metal
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Mountain
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • None
  • Flooring: See Remarks
  • Fireplace features: None

Heating & Cooling

  • Heating features: None
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total interior livable area: 641 sqft

Property

Accessibility

  • Accessibility features: See Remarks

Details

  • Parcel number: 4071064078223000000
  • Zoning: R1
  • Special condition: Standard
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 9,147 sqft
  • Features: Sloped Down,Rectangular Lot,Wooded

Parking

  • Parking features: Gravel

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

  • Wildfire
    WildfireVery High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Wildfire
Lightning
Winter Weather
Inland Flooding
Ice Storm

FEMA Declared Disasters in Lincoln 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 $697$8,364
Home Insurance *$77$924
Property Taxes $62$744
Electricity $148$1,780
Total$984$11,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,737/yr
40% on housing$29,520/yr
45% on housing$26,240/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: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.7%
5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 88345$166
Lincoln County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 88345$266
Lincoln County$275

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
2025-07-03Price change$138,000
2025-05-31Price change$142,500
2023-03-18Listed for sale$129,000

For Sale by Agent

AgentJames Russ
BrokerageREMAX Sierra Blanca Realty

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