For Sale174d on market
616 Sudderth Dr
Ruidoso, NM, 88345 • 88345 • Lincoln County
$2,800,000
$214/sqft
Down payment assistance available
1Beds
1Baths
13,057Sqft
1.6 acLot
1950Built
Property DNA
Waterfront Property
River Front, Waterfront
Scenic Views
River · Trees/Woods
Cabin Style
Built 1950 · 76 years of history
Palmer Gateway
88345
Outdoor Living
Covered · Deck
Special Features
Storage · Workshop
Tile Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
186 views
People checking out this listing
3 saves
Buyers have saved this home
174 days on market
Established listing
$214/sqft
Price per square foot
About this home
Multi Family · Built 1950
Exceptional Income-Producing Property (More than $17,500/month currently-with MORE ROOM to GROW) on the Rio Ruidoso on approx.1.5 acres; includes 2 Bedroom 2 Bath Lodge, perfectly suited for on-site management or as a comfortable owner's residence, 10 One-Bedroom/1 Bath Cabins, 12 Studio Cabins - Equipped with kitchenettes, 3 Site-Built Cabins, 3 RV Pads, Retail Space/Baker's Kitchen ideal for generating revenue or serving as a welcome/management office; Pie Kitchen with display case & Woodfire pizza oven,and spacious Gathering Room for retail, parties, reunions-LOT OF POSSIBILITIES; 7 Storage Units -Rent out for additional cash flow! Party pavillion, too, and property is UNAFFECTED BY FLOOD or FIRE, and offers DIVERSE RENTAL OPTIONS for STEADY OCCUPANCY and CONSISTENT REVENUE STREAMS!
Standout features identified
Our analysis highlights spacious gathering room, equipped with kitchenettes, and scenic rio ruidoso as key attractions of this home.
Estimated monthly payment
Based on current rates
$18,262/month
Principal & Interest$14,529
Property Tax$2,800
Insurance$933
Down payment20% ($560,000)
3%50%
Est. 6.75% rate · 30yr fixed · $2,240,000 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex, Multi Family, Multi Family, Single Family Residence
Year Built1950
HeatingForced Air, Fireplace(s), Natural Gas, Wood Stove
CoolingCeiling Fan(s), Window Unit(s)
ParkingOn Site, Parking Lot, RV Access/Parking
Days on Zillow174 Days
Price/sqft$214
Property
Home typeMulti Family
Sub-typeDuplex, Multi Family, Multi Family, Single Family Residence
StyleCabin
ConditionUpdated/Remodeled,See Remarks
Year built1950
Stories1
Systems
HeatingForced Air, Fireplace(s), Natural Gas, Wood Stove
CoolingCeiling Fan(s), Window Unit(s)
RoofMetal,Pitched
ConstructionFrame, Log
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site, Parking Lot, RV Access/Parking
FencingPartial
Lot1.56 Acres
Location & Tax
Neighborhood88345
ZoningC2
Annual tax$4,293
ParcelH10016320327E092129
Bathrooms & Fees
Full baths1
Features & details
14 categories of property features
Interior Features
Interior
Storage
Main Level Primary
Utility Room
Workshop
Appliances
Dryer
Electric Range
Gas Water Heater
Microwave
Refrigerator
Washer
Flooring
Carpet
Tile
Heating
Forced Air
Fireplace(s)
Natural Gas
Wood Stove
Cooling
Ceiling Fan(s)
Window Unit(s)
Fireplace
Other
See Remarks
Exterior Features
Parking
On Site
Parking Lot
RV Access/Parking
Construction
Frame
Log
Patio & Porch
Covered
Deck
Lot Features
Corner Lot
Level
Waterfront
Security
Smoke Detector(s)
Views
River
Trees/Woods
Utilities
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Other Structures
Storage
Workshop
Listing insights
Market data and value estimates
StatusFor Sale
Days on market174
Tax rate0.54%
Price/sqft$214
On marketOct 3, 2025
PostedOct 3, 2025
MLS updatedDec 10, 2025
Tour days9
Views186
Favorites3
How are the schools in Ruidoso?
3 schools rated nearby
Location
Ruidoso, NM, 88345
Price history
1 event
DateEventPrice$/sqftSource
Oct 3, 2025Listed For Sale$2,800,000$214RLCMLS
Listed For Sale$2,800,000
Oct 3, 2025•$214/sqft•RLCMLS
Tax history
13 years of records
YearTax paidAssessed value
Mar 27, 2024$67$2,273
Mar 27, 2023$69$2,207
Mar 27, 2022$69$2,143
Mar 27, 2021$69$2,081
Mar 27, 2020$66$2,020
Mar 27, 2019$62$1,980
Mar 27, 2018$57$1,980
Mar 27, 2017$57$1,980
Mar 27, 2015$57—
Mar 27, 2014$57—
Mar 27, 2013$53—
Mar 27, 2012$52—
Mar 27, 2010$58—
Nearby homes
Neighborhood details
Local context around this listing
Ruidoso, NM • Lincoln County
Nearby cities
AltoCapitanCarrizozoCoronaHondoPicachoRuidosoRuidoso Downs
Nearby zip codes
88324883458834688355
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