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406 Sunny Slope Dr Unit 3, Ruidoso, NM, 88345

2beds
2baths
906sqft
$210,000
$232price/sqft
$1,420/moest. monthly cost
$56,800/yrincome needed

About This Home

Lets talk updates! New windows throughout, furnace and water purification system. Kitchen cabinets have been refinished with new countertops and all new appliances. But wait, there is more! New flooring, sinks and fixtures. New decks on the front and the back as well! All furnishings are new including items in the kitchen. This 2 bedroom, one and a half bath is ready for its new owner to take over and love!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

5/10
6/10
Ruidoso Middle SchoolGrades 6-81.8 mi
4/10
Ruidoso High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Other
  • Year built: 1984

Materials

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

Type & Style

  • Home type: Townhouse
  • Architectural style: Contemporary,Mountain
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Dishwasher,Electric Oven,Electric Range,Microwave,Refrigerator,Water Softener Owned,Water Heater
  • Laundry features: Stacked

Bedrooms & Bathrooms

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

Features

  • High Speed Internet,Open Floorplan,Storage
  • Fireplace features: Other
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Other
  • Cooling features: None

Interior Area

  • Total interior livable area: 906 sqft

Property

Details

  • Zoning: R3
  • Other equipment: Other
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Front Porch
  • Fencing: None
  • Has view: Yes
  • View description: Mountain(s),Panoramic,Trees/Woods
  • Waterfront features: None

Lot

  • Lot size: 3,049 sqft
  • Features: Level,Views

Parking

  • Parking features: On Site

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
    LightningVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Wildfire
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 $1,061$12,732
Home Insurance *$117$1,404
Property Taxes $94$1,128
Electricity $148$1,780
Total$1,420$17,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,685/yr
40% on housing$42,600/yr
45% on housing$37,866/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

$232This listing

vs Other Active Listings

Avg $/sqft

ZIP 88345$165
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
2025-11-18Listed for sale$236,000
2025-11-14Contingent$236,000
2025-05-07Price change$236,000
2025-03-15Listed for sale$239,000
2025-03-06Listing removed$249,500
2024-10-15Price change$249,500
2024-05-25Listed for sale$262,500
2018-09-14Listing removed$79,995
2018-08-02Pending sale$79,995
2018-05-02Price change$79,995
2017-07-14Listed for sale$89,995
2017-07-09Pending sale$89,995
2017-06-23Price change$89,995
2016-01-05Listed for sale$99,500

For Sale by Agent

AgentErika Brianne Perry
BrokerageHiLo Real Estate

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