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220 Lookout Dr #B-2, Ruidoso, NM, 88345

1beds
2baths
1,033sqft
$189,000
$183price/sqft
$1,294/moest. monthly cost
$51,760/yrincome needed

About This Home

Discover what may be the most affordable Sierra Blanca view in Ruidoso! This charming, furnished one-bedroom condo is just a couple of blocks from vibrant Midtown, offering both convenience and stunning mountain vistas. Easily accessible, even in inclement weather, this gem is perched for breathtaking long-range views and features a convenient no-stairs entry. Enjoy the peace of mind that comes with a well-managed HOA, which covers water, sewer, trash, cable, Wi-Fi, exterior maintenance, snow removal, grounds upkeep, and pool maintenance. Don't miss out on this incredible opportunity to own a piece of Ruidoso paradise!

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

5/10
6/10
Ruidoso Middle SchoolGrades 6-81.5 mi
4/10
Ruidoso High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1973

Materials

  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Condo
  • Architectural style: Mountain
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Electric Range,Disposal,Refrigerator,Washer

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen,High Speed Internet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total interior livable area: 1,033 sqft

Property

Details

  • Zoning: R1
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Rain Gutters
  • Has view: Yes
  • View description: Mountain(s),Trees/Woods

Lot

  • Features: Borders National Forest

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

How This Home’s Risks Compare

Lightning
Wildfire
Inland Flooding
Winter Weather
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 $955$11,460
Home Insurance *$106$1,272
Property Taxes $85$1,020
Electricity $148$1,780
Total$1,294$15,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,365/yr
40% on housing$38,820/yr
45% on housing$34,506/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

$183This 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
2026-01-15Price change$199,000
2025-05-27Listed for sale$215,000

For Sale by Agent

AgentSheri B. Rodgers
BrokerageRio Ruidoso Company

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