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    206 Mtn High Cir, Unit 27 Ruidoso, NM 88345

    For Sale
    $60,000

    LAND - Ruidoso, NM

    Lot size:
    0.87 Acres
    Days on Market:
    370
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 206 Mtn High Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1
    Lot size
    0.87 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Loverin Real Estate (575) 937-0588 [email protected]

    Listing agent Loverin Real Estate Team License #17860

    Listing date Dec 2, 2024

    Copyright © 2025 Ruidoso/Lincoln County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Near Grindstone Canyon Resort

    This approximately 0.869-acre lot is located in the Grindstone Canyon Resort subdivision. The property features underground utilities and a paved street. The subdivision is adjacent to the National Forest and Grindstone Lake recreation area. The area is populated with abundant wildlife and nice homes. The lot is located near midtown and the Inn of the Mountain Gods. Some lots in the subdivision have views of Sierra Blanca and the valley, while others overlook Grindstone Lake and the Lincoln National Forest. The property is zoned R1.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ruidoso
    County
    Lincoln
    State
    New Mexico
    Longitude
    -105.686793
    Latitude
    33.326912

    Nearby Similar for Sale

    • $399,000
      2,773 SF

      Ruidoso Commercial Property with Storage

      Commercial property featuring storage units and Airbnb rentals in Ruidoso.
      110 Horton Cir, Ruidoso, NM 88345
      View Details

    FAQs

    What type of property is this?
    Land - 0.869 acre lot near National Forest and Grindstone Lake.
    Where is this land located?
    The property is located at 206 Mtn High Cir, Unit 27 Ruidoso, NM.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Adjacent to National Forest & Grindstone Lake Recreation Area.; - Located in Grindstone Canyon Resort Subdivision.; - Underground utilities and paved street.
    (575) 937-0588
    Request Owner's contact information
    206 Mtn High Cir, Unit 27 Ruidoso, NM 88345
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    Ruidoso, NM 88345
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    206 Mtn High Cir, Unit 27 Ruidoso, NM 88345
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