220 Lookout Dr Unit I4, Ruidoso, NM 88345

$319,000
2
BD
3
BA
1,200
SqFt

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List Price
$319,000
Year Built
1977
MLS#
134422
Status
ACTIVE
Type
Condo
Style
Mountain
Bedrooms
2
Bathrooms
3
Half-bathrooms
1
Region
Ruidoso
Subdivision
Lookout Estates Cond

Property Description

Thoughtfully updated and offered fully furnished, this turnkey 2-bedroom, 2.5-bath condo combines mountain charm with outstanding investment potential. Beautiful tongue-and-groove ceilings, spacious living areas, and breathtaking Sierra Blanca views create an inviting retreat. Enjoy low-maintenance condo living with a community pool, just minutes from Midtown Ruidoso, golf, hiking, casinos, and Ski Apache. This established short-term rental has produced approximately $57,000 in annual gross rental revenue with an exceptional 4.92-star Airbnb rating across 240+ reviews. A rare opportunity for a mountain getaway, full-time home, or proven income-producing property.

Additional Information

Living Area
1,200
Hoa Fee
$348
Taxes
$3,062
Interior Features
Breakfast Area, Ceiling Fans, Primary Downstairs, Open Floor Plan, Recessed Lighting
Utilities
Electricity Available, Sewer Connected, Water Available
Stories
2
Exterior Features
Rain Gutters
View
Valley, Trees/Woods
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Better Homes & Gardens Real Estate - Steinborn & Associates.