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169 Bridle Dr, Ruidoso, NM, 88345

--beds
1baths
300sqft
$995,000
$3,317price/sqft
$6,185/moest. monthly cost
$247,400/yrincome needed

About This Home

Rare opportunity with this Fully fenced beautiful 40 acre property with views of Sierra Blanca mountains. It includes a Tiny house, Large Arena with power, water & RV hookups, two RV spots with power, RV cover is 25 x 40, A 40 x 60 Horse barn with Three 20x20 stalls & a fenced Paddock, a 25 x 20 Garage & two 20' shipping containers. Call for your tour today!

Getting Around

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

Schools

5/10
6/10
Ruidoso Middle SchoolGrades 6-83.6 mi
4/10
Ruidoso High SchoolGrades 9-123.8 mi

Construction

Condition

  • Property condition: See Remarks
  • Year built: 2024

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Modular/Prefab
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Fireplace features: See Remarks
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Propane
  • Cooling features: Wall Unit(s)

Interior Area

  • Total interior livable area: 300 sqft

Property

Details

  • Zoning: Rural
  • Horse amenities: Corral(s),Arena

Features

  • Levels: One
  • Stories: 1
  • Fencing: Perimeter,See Remarks
  • Has view: Yes
  • View description: Valley,Trees/Woods

Lot

  • Lot size: 40 Acres
  • Features: Cleared,Views,Wooded

Parking

  • Parking features: Concrete,Garage,Gravel
  • Has garage: Yes

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

  • Wildfire
    WildfireVery High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Wildfire
Lightning
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 $5,031$60,372
Home Insurance *$559$6,708
Property Taxes $447$5,364
Electricity $148$1,780
Total$6,185$74,220
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$212,057/yr
40% on housing$185,550/yr
45% on housing$164,933/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

$3,317This listing

vs Other Active Listings

Avg $/sqft

ZIP 88345$158
Lincoln County$199

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)

Price History

DateEventPrice
2026-07-03Listed for sale$995,000

For Sale by Agent

AgentDeanna Miller
BrokeragePinnacle Real Estate & Dev

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