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$8,999,000
5 Beds ⋅ 6 Baths ⋅ 129991 MLS
Beautiful French Manor on 197 acres. 9,500 sq.ft. main house. Featuring 14' ceilings, 2 living areas, game room, 3 ensuite bed/bath/office in addition to 2.5 bathrooms 4 fireplaces, wet bar. Stone exterior, copper roof. Tumbled travertine floors with in floor heat. 4 zone central A/C. Custom cabinets, crown molding, 2 Car garage beside main house plus a detached 4 car garage with apartment. 12 stall barn with living qtrs, tack room, vet room, wash rack & an arena.

424 State Hwy 37, Not Provided
$5,500,000
10 Beds ⋅ 10 Baths ⋅ 134179 MLS
Luxurious 45-Acre Equestrian Estate | Rio Bonito River Frontage & Mountain Views | Alto, NMsuper high-end estate sits on 45 pristine acres with direct frontage along the Rio Bonito and sweeping panoramic views. Offering 11,200 sq ft of refined living space (including main home, guest casitas & caretaker's quarters), it features 10 bedrooms, 9 full baths, and 1 half bath.A $250,000 roof was installed last year. Highlights include high-end finishes, expansive entertaining spaces, gourmet kitchens, and spa-like suites. Complete horse barns, pastures, and professional equestrian facilities make it turn-key for horse lovers.Privacy, luxury, and natural beauty in the heart of Alto -- minutes from Ruidoso. A rare legacy property. Mountain ranges to ride for miles!

228 Copper Canyon Rd, Alto
$5,000,000
6 Beds ⋅ 8 Baths ⋅ 133142 MLS
Welcome to the Crown T Estate! This beautiful property boasts 140 acres +/- of lush grass, perfect for grazing and watching the wildlife roam. Private deed in Game Management Unit 37, allows for unlimited hunting tags. Elk, mule deer, turkey and more! Sitting at the base of a hill with Sierra Blanca and Capitan Mountain Views, is a custom built; 9,978 sq ft home with a 5,000 sq ft basement. Unique touches throughout, include custom built woodburning fireplaces, reclaimed beams over 150 years old, 12' and 14' ceilings! Step into the barn and you will find 6 spaces for 14'x14' stalls, vet room, full bath and a kitchenette. Upstairs has 5,716 sq ft of living space that overlooks an arena. Invite your friends with 4 additional RV hookups!

398 Pine Lodge Rd, Capitan
$4,500,000
6 Beds ⋅ 6 Baths ⋅ 134013 MLS
Beautiful Santa Fe style home with 30 plus acres. Main house is 5302 ft., 3 BR, 3 & 1/2 Bath. with 2 living areas. Cabana is approx. 560 sq. ft., with 1/2 bath and mini split. Guest house is 1607 sqft. with single garage & 2 BR's & 1 & 3/4 Bath. Main house has 3 car garage. Main house has swimming pool with retractable cover & hot tub near pool.. Paved drive. Detached tack room, hay barn with 3 garage doors. Partially fenced. Mostly furnished. Nice wet bar in main house. Views of Sierra Blanca & Sacramento Mts. Master BR has large adjacent office. TPO roof on main house and cabana that was replaced in 2025, 2026. 24 KW generator on main house. Alto golf lot available.

119 Copper Cloud Ct, Alto
$4,270,000
4 Beds ⋅ 5 Baths ⋅ 134358 MLS
Unparalleled Luxury & Sophistication this home has the Wow factor over & over again. This 4 bedroom, 5 bath home with 2 fireplaces sitting on over 10 acres offers Mountain, Valley & Wooded views. Features include Double Chiseled edge Granite countertops throughout, a Butler Kitchen, Large brick wet Bar, Stone Hallway, Safe Room, High end appliances, ceiling heights ranging from 12' to 26' with custom beams. The master bathroom is unlike anything else, Amazing Light fixtures throughout. Flooring is a combo of Hardwood & Travertine tile. Lower level has a full Kitchen, Living Area, Game area, Bedroom, & Two Bathrooms. The Outdoor living space is equally impressive with large decks, TV, OW Lee Patio furniture & a Hot tub. This house is a Must See. Call for your tour today!

134 Bald Eagle Ct, Alto
$4,100,000
3 Beds ⋅ 4 Baths ⋅ 133164 MLS
Perhaps one of the most sought after gentlemen's ranches in New Mexico. Nestled in a bowl of natural outcroppings, this ranch has the most stunning views of Sierra Blanca Mountain and the Capitan Mountains. This ranch is unique in the fact that it encompasses the Rancho De Caballos Subdivision in it's entirety and an additional 270 acres of ranch land. Also included in this package are two (2) brand new custom homes with the finest of finishes and upgrades. If that's not enough, there is a 180x300 pipe roping arena with return ally. This ranch offers a rare blend of stunning natural beauty, high quality improvements and the tremendous potential for livestock production, hunting, and recreation. Large mule deer bucks and B&C bull elk have been seen on this property.

331 Pine Lodge Rd, Capitan
$3,650,000
133822 MLS
Shadow Mountain Lodge & Cabins, Ruidoso's most beloved lodge is ready for new owners. Located at the mouth of the beautiful Upper Canyon SML stands out as something special. The exterior is warm and inviting with all cedar wood siding, new metal roof, an expansive deck and gorgeous gardens. This is a well kept, well established business with a significant repeat customer base. The property consists of 19 lodge suites, 4 romantic whirlpool cabins, housekeeping/ maintenance room and an office with living quarters or additional 2 bedroom rental. The Lodge suites have all recently experienced a major renovation with features only fine lodges offer. The cabins are simply spectacular and offer a complimentary quality to the operation. Ruidoso is a quaint tourist town with plenty to offer

107, 113 Main Rd, Ruidoso
$3,400,000
132457 MLS
Jack's Backstage - Ruidoso's Premier Event VenueThis turn-key entertainment hub features multiple stage areas for concerts, a food truck court with indoor and outdoor dining, a video arcade, office spaces, and nostalgic decor throughout. It's a one-of-a-kind opportunity you won't want to miss!Everything is included as shown--excluding the food trucks--but there's room to add a few more. The property also boasts a spacious parking lot and land available for additional development or improvements.Ready to generate income from day one! And if that's not enough, the seller is open to making a deal on both Jack's Backstage and Anaheim Jack's (MLS130257). Last Thing. Owner will consider financing for well qualified buyer and a sizable down paymentDon't miss out--schedule your showing today

1056 Mechem Dr, Ruidoso
$3,200,000
5 Beds ⋅ 8 Baths ⋅ 134378 MLS
The iconic Apple Barn and log cabins in High Rolls are now officially on the residential market.With its massive open floor plan, ample parking, and scenic mountain setting, this property offersincredible potential for a creative buyer.Here are just a few examples of the near-endless possibilities for this unique space:🏡 Custom Barndominium & Basecamp Spacious Mountain Home: Take advantage of the existing footprint to design anincredible, open-concept living space with vaulted ceilings. The Ultimate Basecamp: Create a sprawling family getaway to escape the desert heat,offering ample room to store your outdoor gear and host loved ones in comfort.🌲 Inspiring Retreats & Gatherings Corporate & Wellness Retreats: Provide a peaceful, inspiring environment f

949 Us-82, Not Provided
$3,200,000
134133 MLS
Seize a rare opportunity to own a legendary mountain landmark. This unique estate blends a highly profitable roadside business with rustic mountain living. Beyond established retail, its massive open floor plan, ample parking, and scenic setting offer incredible potential for a custom Barndominium, corporate retreat, rustic event venue, large-group Airbnb, creative maker space, or more!Property Highlights:Old Apple Barn (10,000 sq. ft.): 12x60 ft. covered entry deck and a 12x20 ft. outdoor pavilion.Wild Game Bistro (4,900 sq. ft.): 50x60 ft. front patio and an 18x20 ft. warehouse.Log Cabin Retreat (1,300 sq. ft.): Live/work setup ready for an owner's suite or short-term rental.

941-949 Us Highway 82, Not Provided
$3,200,000
132913 MLS
10 1/2 ACRES OF CONDOMINIUM DEVELOPMENT LAND FOR SALE LOCATED IN A PLANNED UNIT DEVELOPMENT. SUITABLE FOR 250 CONDOMINIUMS. ACQUIRE A LARGE-SCALE CONDOMINIUM SITE IN A PRIME LOCATION. HIGH TRAFFIC AREA .THIS PROPERTY OFFERS EXCELLENT VISIBILTY, STRONG MARKET DEMAND, AND CONVENIENT ACCESS TO MAJOR HIGHWAY, SHOPPING, DINING, AND RACETRACK. BRIDGE, ROADS AND ALL UTILITIES BEING INSTALLED. BOUNDARIES WILL BE SURVEYED BEFORE CLOSING. DON'T MISS THIS CHANCE TO SECURE A PREMIUM SITE FOR YOUR NEXT HOSPITALITY PROJECT.

26179 Us Hwy 70 Unit CONDO 2, Ruidoso Downs
$3,200,000
126746 MLS
Consists of two multi-tenant commercial buildings demised into 13 suites and 21 basement self-storage units. The buildings are block, metal and stucco constructions with flat, built up modified bitument roofs. There is underground parking.Property is about 100% leased Rental income, $23,825.00 per monthPrime location on Sudderth, almost the corner of Sudderth on Mechem.

2810-2818 Sudderth Dr, Ruidoso
$2,999,999
130257 MLS
Opportunities abound! Seeking Ruidoso's best hamburger and chicken joint, complete with cold beers and a full-service bar? Your search ends here. This turnkey eatery enjoys a prime, high-traffic highway location, with ample land and generous parking for guests. A loyal, well-seasoned team, many with 10+ years of experience, is ready to stay on and help ensure a smooth transition for the new owner. The sale includes everything needed to operate from day one, and the business boasts excellent, proven revenue year after year. The seller would also consider a business-only sale, and owner financing is available to well-qualified buyers, so bring your terms. Trades of nearly any kind are quite welcome. The seller's preferred terms are $1,300,000 down, 5% interest, with a 3-year balloon payment.

1097 Mechem Dr, Ruidoso
$2,950,000
5 Beds ⋅ 5 Baths ⋅ 133069 MLS
Located on a premier lot in the Lincoln Hills Golf community this home truly does it all, with 5 bedrooms, 4.5 bathrooms, two living areas, indoor/outdoor living throughout. Decorative lumber, hand carved touches, upgraded appliances in the kitchen and bar area. A spacious 3 car garage with a full private storage. Too many features to mention! This home will be partially furnished. Owner/Broker

101 Ben Hogan Ct, Alto
$2,925,000
6 Beds ⋅ 6 Baths ⋅ 133449 MLS
Nestled in the Prestigious Outlaw at Alto Lakes Golf & Country Club, this Exceptional Home offers Unparalleled Luxury and Resort-style living. Enjoy views of The Capitan Mountain Range and Surrounding Wooded landscapes from every angle. This 6 bedroom, 6 bath home features Exquisite Knotty Alder Custom Cabinets ,Knotty Alder Custom 8 ft. Doors & Knotty Alder Base Trim throughout. Flooring is a combination of Hardwood in the Primary Suite, Office and Living Room with Carpet in the remaining Bedrooms creating a warm and inviting atmosphere. The kitchen and Dining area showcases Tile flooring, SS Wolf and Sub-Zero Appliances along with a Vaulted Tongue and groove ceiling adding a touch of rustic charm.The Outdoor living space is equally impressive with a large deck equipped with an out

122 Ben Hogan Ct, Alto
$2,850,000
133821 MLS
Upper Canyon Inn & Cabins, Ruidoso's most romantic lodging. The property has undergone major renovations with the vision of hosting the perfect romantic getaway. Whirlpool suites, fireplaces, kitchenettes and the charming mountain decor have grown the occupancy over the past few years and has many returning guests. The property consists of 10 whirlpool suites, 3 romantic cabins with amazing custom woodwork, 2 two bedroom cabins and the Tree House, a four story 4 bedroom cabin that can be used as a residence or cabin rental. The grounds are well kept with a large green space and the property sits across from the Rio Ruidoso in the historic Upper Canyon. This is a great investment opportunity as well as a great place to bring up a family or retire from the city.

215 Main Rd, Ruidoso
$2,800,000
6 Beds ⋅ 6 Baths ⋅ 131956 MLS
Stunning mountain views with this custom built 6 bedroom / 6 bathroom home in Outlaw. Street level entry includes Main living area, Kitchen, Formal dining room, Breakfast area, Master Ensuite, 2 Offices, Music Room, Full Bath & 3 Car Garage. With soaring 14 ft ceilings in the main Living area, 10 to 12 ft ceilings thru the rest of the home you will enjoy all the High end finishes of one of the most beautifully built homes in Outlaw. Forced air heat & A/C. Fireplace converts between gas & wood burning. Travertine tile, In-floor Radiant heat. 6 bedroom, 6 baths, 2 Living areas, 2 offices, Sitting / Entertainment / Music room, Low maintenance landscaping in the front courtyard (drip system), Large Upper & Lower decks in the back of the house, Upper deck has a built in grill. Golf membership

239 Lincoln Hills Dr, Alto
$2,790,000
133090 MLS
Beautiful, custom built strip center by owner/builder, wonderful location, in middle of shopping area, downtown & minutes to Alto area. Super Subway & Super Zocca coffee & Ski Shop. These shops have been there for years, close to other shops, business and doing great! Golf Shop will open soon & great for Links Golf Course nearby and minutes up to Ski Run or out to Alto Lakes Golf and Country Club!

1129 Mechem Dr, Ruidoso
$2,750,000
4 Beds ⋅ 6 Baths ⋅ 134398 MLS
Amazing curb appeal with this Tuscan style home. Greeted by a stamped / stained circle driveway, Enter thru double iron doors into a Private Courtyard featuring Low maintenance custom Xeriscape, artificial turf & flagstone. Fully Furnished 4 bed, 4 full bath & Two 1/2 Bath, 3 Living areas & 4 fireplaces. Beautifully Decorated the home sits just above #14 Fairway on ALGCC. Stone & stucco exterior with a new metal roof. Tumbled travertine tile in main living areas. Enjoy the outdoors all year on this large covered patio with an outdoor kitchen & heaters. The Level entry has custom iron/glass double doors leading into stone arch entryway Main Living & Dining. A gorgeous kitchen, 2nd Living area, Master en-suite & a guest ensuite. Downstairs is a Game room, 2 guest ensuite bedrooms & 1/2 Bath.

116 Broadmoor Dr, Alto
$2,750,000
4 Beds ⋅ 5 Baths ⋅ 134119 MLS
Beautiful, new home with 3 BR's plus Casita with BR & Bath. Total of 4 BR, 4 & 1/2 Baths, 2 fireplaces, 3 car garage. Stucco & stone exterior, with standing seam metal roof. Custom cabinets & woodwork through out. Open floor plan, with nice back patio with big views to the south. Huge master suite, closet & bathroom. Golf membership to Alto, Kokopelli and Outlaw.

140 Water Spirit Trl, Alto
$2,700,000
133699 MLS
THIS UNIQUE COMMERCIAL PROPERTY IS LOCATED ON 2.69 ACRES IN RUIDOSO DOWNS, NM, OFF U.S. HWY 70. LOTZA STUFF IS CURRENTLY OCCUPYING THE PROPERTY. THE PROPERTY IS COMPRISED OF 4 SEPARATE METAL BUILDINGS. THE FIRST BUILDING IS 10,000 SQFT WITH EVAP AC, 1-1/2 BATH AND APPROX 14 FT CEILINGS. OWNERS HAVE ADDED A 1,500 SQFT PLANNED ESCAPE ROOM. THE EXPANSION IS ABOUT 75% COMPLETE AND INCLUDES 2-1/2 BATHROOMS, 7 ROOMS AND HAS REF AC. THE SECOND BUILDING IS 9,900 SQFT WITH REF AC, 1-1/2 AND APPROX 16 FT CEILINGS. THE TWO REMAINING BUILDINGS CONSIST OF 20-10'X12' RENTAL STORAGE UNIT AND A 20-1O'X20' RENTAL STORAGE UNIT. ALLOW YOUR DESIGN CELLS TO RUN WILD WITH ALL THE POTENTIAL USES FOR THIS COMPLEX. OWNER WILL CONSIDER CARRYING A NOTE.

26554 Us-70, Ruidoso Downs
$2,700,000
130449 MLS
A mountain of opportunity awaits you with this amazing property! Approximately 24 Acres Adjacent to National Forest within Ruidoso Village Limits, PUD-Zoned, with 2 wells, 1 septic, but also connected to Village water, natural gas, and electric with Village sewer available. Amazing Sierra Blanca mountain and Grindstone Lake views from the top of the property. Level areas and uphill slopes with level mesas throughout the property. Currently operating as Grindstone Stables, which can be purchased/negotiated separately. Hay barn and outbuildings/fencing may remain if desired, as well as a 3/2 Manufactured Home (2001 Champion). Showings by appointment only.

523 Resort Dr, Ruidoso
$2,700,000
3 Beds ⋅ 2 Baths ⋅ 130486 MLS
A mountain of opportunity awaits you with this amazing property! Approximately 24 Acres Adjacent to National Forest within Ruidoso Village Limits, PUD-Zoned, with 2 wells, 1 septic, but also connected to Village water, natural gas, and electric with Village sewer available. Amazing Sierra Blanca mountain and Grindstone Lake views from the top of the property. Level areas and uphill slopes with level mesas throughout the property. Currently operating as Grindstone Stables, which can be purchased/negotiated separately. Hay barn and outbuildings/fencing may remain if desired, as well as a 3/2 Manufactured Home (2001 Champion). Showings by appointment only.

523 Resort Dr, Ruidoso
$2,600,000
5 Beds ⋅ 6 Baths ⋅ 133550 MLS
ALTO-LINCOLN HILLS NEW CONSTRUCTION-BIG VIEWS! Another quality Ratliff Custom Home being built. Spacious 5BR, 51/2BA stucco home with rock veneer accents with incomparable views. Open kitchen, dining and living with 72'' gas fireplace. Low maintenance features with covered deck with builtin gas grill and beverage center, two exterior gas fireplace tables and Girard metal shingle roof. Upscaled kitchen appliance package. Offers endless living-entertainment possibilities! Stamped concrete driveway leading to 3 car garage with insulated garage doors w/ frosted glass panes. Also an entertaining area over the garage. Approx. 1.828 acre lot. Under the roof approximately 7,570 sq ft. Many extras!!! Golf Membership. A Class Act!!!

204 Lee Trevino Ct, Alto
$2,500,000
132852 MLS
Exceptional investment opportunity: 12 fully leased condominiums with approved potential to develop 13 additional units- totaling 25. Strong rental income in place and room for future growth. Prime location- close to businesses and attractions.Each unit has 2 levels: Main level- kitchen, dining, living area, fireplace, 1/2 bath with deck. Lower Level- 2 Bedrooms, 1 full bath + 1/2 bath.

106 Granite Dr, Ruidoso
$2,350,000
7 Beds ⋅ 7 Baths ⋅ 134380 MLS
Perched in a serene mountain setting, this exceptional luxury residence offers a rare blend of refined living, privacy, and breathtaking natural beauty. The main home is thoughtfully designed to capture panoramic views of Sierra Blanca and mountain pines with expansive windows that flood the interior with natural light and seamlessly connect indoor and outdoor living.The open-concept great room features soaring ceilings, a statement fireplace, and elegant finishes that balance rustic warmth with modern sophistication. A chef's kitchen anchors the heart of the home, complete with premium appliances, custom cabinetry, and generous entertaining space ideal for both intimate gatherings and large-scale hosting.

511 Excalibur Rd, Ruidoso
$2,250,000
4 Beds ⋅ 4 Baths ⋅ 134211 MLS
Artistically designed custom home located on 4.29 acres in the gated Cedar Creek Ranchettes community. This upscale, spacious home boasts 9'-13' ceilings, a chef's kitchen and dry bar with custom built-ins throughout. Has built in security and sound systems, and oversized 2-car garage with a rear overhead door for easy access to the back yard, and other amenities. Enjoy a 360 degree view with lovely mountain vistas through oversized windows or while relaxing in the beautifully manicured yard. The easy, flowing floor plan of this home is great for entertaining both indoors and out.

166 Chance Loop, Ruidoso
$2,250,000
4 Beds ⋅ 5 Baths ⋅ 133632 MLS
STUNNING, GORGOUS VIEWS from every window, fully furnished, mountain modern dream home! 4 bdrm, 4 1/2 baths, custom design & built home. Level entry, pivot style door into spacious great room, 14 ft. ceilings, white oak plank flooring & breathtaking views of the Capitans Mountains & Sierra Blanca! Kitchen features granite counters, stainless appliances, undermount sink & huge pantry. Wonderful living area w/FP, folding doors open the back wall onto the covered patio bringing the two living areas together. Fireplaces indoor & out, custom auto screens. Beautiful primary w/FP, ensuite bath w/soaker tub, shower, separate vanities w/lighted mirrors w/door to back deck, also. Ofc/2nd bdrm. bath off livng area. Awesome lighted stairway to downstairs den/theater rm. w/bar & 4 bar stools

107 Santo Domingo Ct, Alto
$2,250,000
3 Beds ⋅ 4 Baths ⋅ 133298 MLS
High end home, close to Alto club house. Completely remodeled about 10 years ago. New wiring, plumbing, HVAC. Interior, exterior doors, all cabinets, counters, floors, roof, stucco, stone. 3 BR, 4 full baths, 2 living areas. 2 HVAC systems. Distressed oaks floors in main living areas. New carpet in bedrooms. Upper deck with Sierra Blanca view. Large back deck with Nano doors, built in grill, large jetted tub. Large beams in main living area. Domed brick ceiling in dining room. Knotty alder doors. Real wood burning , stone fireplace. Proff. landscaped. Owners are NM Real Estate Brokers.

120 French Dr, Alto
$2,200,000
133612 MLS
Discover a premier investment opportunity in the heart of Ruidoso, NM. This versatile multi-use commercial property offers unmatched potential with a high-visibility retail or office storefront. The expansive site includes two dedicated residential units, perfect for owner-occupancy or rental income. The property also features a storage building and an additional multi-purpose structure, providing ample room for expansion, workshops, or specialized services. Whether you envision a boutique, a professional hub with on-site housing, or a creative compound, this rare find adapts to your vision. completely remodeled inside and out, Large paved parking lot and fully fenced/gated. Don't miss this chance to own a flexible asset in a thriving mountain community.

139 El Paso Rd, Ruidoso