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12 Ballenger Ranch Rd, Edgewood, NM, 87015

2beds
1baths
1,440sqft
$255,500
$177price/sqft
$1,623/moest. monthly cost
$64,920/yrincome needed

About This Home

This area is famous for it's beauty and serenity and this home is rumored to have been the original clubhouse for Manzano Springs and is waiting for your vision. Original hardwood floors, hand-hewn beams brought in from Madrid NM. A large custom wood stove tucked into a stone faced accent wall that was part of the original fireplace is the centerpiece of the great room. The lot is 3.95 acres with mature apricot trees and beautiful pine trees. The property consists of 5 individual lots. Property is accessible from either Ballenger Ranch or Manzano Springs Rd This property would make a great mountain home or retreat getaway spot!Call your Realtor and schedule a showing today.

Getting Around

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

Schools

5/10
7/10
Edgewood Middle SchoolGrades 6-89.7 mi
5/10
Moriarty High SchoolGrades 9-1211.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1960

Materials

  • Roof: Metal,Pitched
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator
  • Laundry features: Electric Dryer Hookup

Basement

  • Has basement: Yes

Bedroom2

  • Level: Main
  • Area: 70

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 210

Features

  • Attic,Breakfast Bar,Bookcases,Ceiling Fan(s),Main Level Primary
  • Window features: Vinyl
  • Flooring: Vinyl,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Electric,Propane,Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Kitchen

  • Level: Main
  • Area: 216

Living Room

  • Level: Main
  • Area: 375

Primary Bedroom

  • Level: Main
  • Area: 44

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1037049056359000000
  • Zoning description: RR

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Private Yard,Propane Tank - Owned
  • Has view: Yes

Lot

  • Lot size: 3.95 Acres
  • Features: Corner Lot,Meadow,Views,Wooded

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

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

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Wildfire
Winter Weather

FEMA Declared Disasters in Torrance 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 $1,291$15,492
Home Insurance *$89$1,068
Property Taxes $95$1,140
Electricity $148$1,780
Total$1,623$19,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,645/yr
40% on housing$48,690/yr
45% on housing$43,280/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: 11.1%
11.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 87015$177
Torrance County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 87015$236
Torrance County

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

DateEventPrice
2026-08-10Price change$245,000
2026-07-14Price change$255,500
2026-04-17Price change$263,500
2026-03-16Price change$267,900
2026-02-13Listed for sale$270,000
2025-12-01Listing removed$299,000
2025-06-25Price change$299,000
2025-05-12Listed for sale$310,000
2025-04-11Listing removed$330,000
2025-01-25Price change$330,000
2024-10-16Listed for sale$350,000

For Sale by Agent

AgentNathan Ray Martin
BrokerageRE/MAX SELECT

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