220 Lookout Dr #G-2, Ruidoso, NM, 88345
About This Home
Recently renovated end-unit condo delivering exceptional value, mountain views, & proven rental income! This spacious 3 BR/3.5 BA retreat w/game room is priced below current market value & features stunning Sierra Blanca & Ruidoso Midtown views, plus easy access to all that the 'Year 'Round Playground of the Southwest' is known for. Fully furnished & turnkey for personal use or vacation rentals, this property boasts an outstanding rental history, making it an ideal investment opportunity. With only two condos in the building, privacy is enhanced, & the separate lower-level entrance offers excellent flexibility for guests & owners alike. Big space, big views, big income potential. HOA covers water, sewer, trash, exterior maintenance, cable & wifi, community pool & office. Come see!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1974
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: Condo
- Architectural style: Mountain
- Property subType: Condominium
Interior
Appliances
- Appliances included: Bar Fridge,Dryer,Dishwasher,Electric Range,Disposal,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Breakfast Bar,Ceiling Fan(s)
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Baseboard,Fireplace(s)
- Cooling features: Ceiling Fan(s)
Interior Area
- Total interior livable area: 2,520 sqft
Property
Details
- Zoning: R3
- Other equipment: None
- Horse amenities: None
Features
- Levels: Three Or More
- Stories: 3
- Pool features: Association
- Patio & porch: Deck
- Has view: Yes
- View description: Mountain(s),Trees/Woods
Lot
- Features: Near Golf Course,Views
Parking
- Parking features: Paved,Parking Lot
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
- Wildfire
- Inland Flooding
- Winter Weather
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Lincoln County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance * | $210 | $2,520 |
| Property Taxes | $168 | $2,016 |
| Electricity | $179 | $2,150 |
| Total | $2,453 | $29,436 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-21 | Listed for sale | $375,000 |
| 2026-02-10 | Listing removed | $399,000 |
| 2025-05-18 | Listed for sale | $399,000 |
| 2023-01-12 | Sold | -- |
| 2022-08-15 | Price change | $347,000 |
| 2022-06-17 | Price change | $352,000 |
| 2022-05-14 | Listed for sale | $362,000 |
| 2021-04-30 | Sold | -- |
| 2019-09-13 | Listing removed | $214,900 |
| 2019-07-29 | Pending sale | $214,900 |
| 2019-03-18 | Price change | $214,900 |
| 2018-04-03 | Listed for sale | $219,900 |
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