556 Gavilan Canyon Rd, Ruidoso, NM, 88345
About This Home
Rare Ruidoso investment opportunity featuring not one, but THREE fully furnished 2023 manufactured homes on one property with approximately 2.37 acres of land. Currently operating as short-term rentals, this unique mountain retreat includes a spacious 3-bedroom home, a cozy 2-bedroom home, and an adorable tiny house. Each home offers its own private entrance, separate outdoor space, and private hot tub, creating the perfect setup for guests seeking privacy and relaxation. Nestled among the pines with easy access to Midtown, dining, shopping, casinos, hiking, and skiing, this turnkey property is ideal for investors, multi-generational living, or a live-in rental opportunity. Homes accessed using 556 Gavilan Canyon Rd & 103 Tower Road.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Updated/Remodeled,See Remarks
- Year built: 2023
Materials
- Roof: Metal
- Construction materials: Masonite
Type & Style
- Home type: MobileManufactured
- Architectural style: Mountain
- Property subType: Manufactured Home,Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Water Heater,Washer
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Ceiling Fan(s),Open Floorplan
- Fireplace features: None,See Remarks
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total interior livable area: 3,110 sqft
Property
Details
- Parcel number: 4073063460270000000
- Zoning: Other
- Other equipment: None
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Deck,Front Porch
- Has view: Yes
- View description: Mountain(s),Trees/Woods
Lot
- Lot size: 2.50 Acres
- Features: Sloped Up,Views
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
- Inland Flooding
- Lightning
- Wildfire
- Winter Weather
- Ice Storm
- Hail
- Strong Wind
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 | $4,550 | $54,600 |
| Home Insurance * | $505 | $6,060 |
| Property Taxes | $405 | $4,860 |
| Electricity | $221 | $2,653 |
| Total | $5,681 | $68,172 |
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 |
|---|---|---|
| 2026-05-26 | Listed for sale | $900,000 |
| 2021-10-28 | Sold | -- |
| 2021-08-20 | Listed for sale | $534,000 |
| 2021-07-31 | Pending sale | $534,000 |
| 2021-07-07 | Listed for sale | $534,000 |
| 2021-06-01 | Listing removed | -- |
| 2021-04-28 | Price change | $534,000 |
| 2020-05-15 | Listed for sale | $544,000 |
| 2020-04-01 | Listing removed | $544,000 |
| 2020-01-02 | Listed for sale | $544,000 |
For Sale by Agent
View on Zillow