103 & 105 Reese Drive
Ruidoso, NM 88345
3
Bed
3
Bath
2,010Sqft
1.93Acres(Lot)
Very unique tri-plex that was a single-family home, can be converted to a 3 bdrm, 3 bath home. Presently 3 one bdrm. units rented to 3 different tenants. Owner remodeled the home & made it into income property. Huge 1.9+acres, 2 beautiful river lots, can build a large home on the 1st lot on the left that goes down to the river with beautiful river frontage & views. Very special property w/great potential for multiple uses!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 3 Full Baths: 3 -
Flooring Information
Vinyl -
Roofing Information
Shingle -
Interior Features
Ceiling Fan(s), High Speed Internet Roof: Shingle Appliances: Electric Range, Refrigerator, Water Heater Laundry Features: Laundry Room -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Other, Wall Furnace Has Cooling: Yes Cooling: Ceiling Fan(s) Water front: 1
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Building Information
Year Built: 1960 Construction Materials: Wood Siding Stories: 1 Patio And Porch Features: Front Porch, Porch Private Pool: No Water front Features: River Front, Waterfront View: River -
Exterior Features
Exterior Features: Dog Run, Other
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Lot Information
Main Square Feet: 1.93 Acres Lot Size Acres: 1.93 Lot Description: Sloped Down, Level, WaterfrontProperty Information
Subdivision: Palmer Gateway Source Property Type: Residential Property SubType: Triplex Levels: One Property Age: 66
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Listing Price Information
Listing Price: $499000 Original Price: $599000 Cash
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Tax Information
Tax Lot: 59 & 60 Tax Block: 1A Tax Year: 2025 Annual Tax: $6012 Tax Legal Desc: Lot 59 & 60, Block 1A, Palmer Gateway Subdivision
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Parking Information
Circular Driveway, Gravel, RV Access/Parking, Shared DrivewayHomeowners Association InformationAssociation Amenities: Laundry
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Utility Information
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected -
Location Information
Direction: Just off 449 Sudderth Dr, 103 & 105 Reese Dr, on the left/river side of Reese Dr. WaterSource: Public Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 103 Timber Wolf, Ruidoso, NM, 88345 | $595,000 | 8 | 8 | 3,840 | 3,840 SqFt |
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ByOwner last updated this listing 06/19/2026 @ 22:58
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