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523 Resort Drive, Ruidoso, NM 88345

PUD-zoned acreage with utility connections, varied terrain, and views toward Sierra Blanca and Grindstone Lake.

Property SizeContact for details
Days on Market106

Property Features for 523 Resort Drive

General Information

Standard status Active
Property subtype Land
Zoning PUD

Building Details

Buildings 1
Listing Agency: Southern New Mexico Realty
Listed By: Kelli Shelton · License #20304
Source: Crexi
Added: May 19 Changed: Aug 31 Last Checked: Aug 30 at 8:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southern New Mexico Realty

Investment Insights

Based on property information with market context.

This approximately 24-acre land holding at 523 Resort Drive lies within the Village of Ruidoso and is adjacent to National Forest. The terrain includes level sections, uphill slopes, and several level mesas, with elevated views toward Sierra Blanca and Grindstone Lake. Existing improvements include a hay barn, additional outbuildings, fencing, and a 3/2 manufactured home identified as a 2001 Champion. These improvements may remain if desired.

The property carries PUD zoning and is served by two wells, one septic system, Village water, natural gas, and electric service. Village sewer is available. The site is currently operating as Grindstone Stables, with that operation addressed separately from the real estate.

Key Highlights

  • Approximately 24 acres adjacent to National Forest within Ruidoso Village limits
  • PUD zoning with Village water, natural gas, and electric connections
  • Two wells and 1 septic system; Village sewer available

Property Analytics

Current Use

Grindstone Stables Horseback Riding Service

Suggested Use

Top Pick Auto Parts Store Pharmacy Big Box & Wholesale Store Garden Center Grocery & Convenience Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby

Demographics for 88345, NM

8,423
Population
8,844
Households
1
Avg Household Size
52
Median Age
33%
College-Educated
92%
High-School Grad
39.3 sq mi
ZIP Area
214
Density / Sq Mi
$51,008
Median Household Income
$30,842
Median Earnings
$916
Median Rent
$232,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - PUD-zoned acreage with utility connections, varied terrain, and views toward Sierra Blanca and Grindstone Lake.
Where is this land located?
The property is located at 523 Resort Drive Ruidoso, NM.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Approximately 24 acres adjacent to National Forest within Ruidoso Village limits; PUD zoning with Village water, natural gas, and electric connections; Two wells and 1 septic system; Village sewer available
More about this property
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