131 El Paso Road Ruidoso, NM 88345
Listing Courtesy of: RUIDOSO/LINCOLN IDX / Better Homes And Gardens Real Estate Steinborn & Associates / Kaitlin Brophy

  131 El Paso Road Ruidoso, NM 88345

Active
$2,500,000
5
BED
3.1
BATH
7,200
SQFT

Description

Discover the versatility of this unique commercial property offering both business and residential opportunities. The main building of about 6,000 sq. ft features a spacious retail area with two large offices, a handicap-accessible bathroom, and a kitchenette. The other side offers approximately 1,800 sq ft of living space with 3 bedrooms, 2 bathrooms, an office, full kitchen, cozy living room with gas fireplace, laundry room, large pantry, and private yard—ideal for guests, rental income, or owner occupancy. Also included is another home of about 1,200 sq ft, 2-bedroom, 1-bathroom home with a chicken coop that could be converted into a shed, etc. A newly built storage shed (2023) adds additional value. With commercial zoning and layout, this property is perfect for a boutique, spa, bed & breakfast, event venue, beer & wine garden, or other income-generating ventures. This property has a large asphalt gated parking lot. The 'Pear Lee Boutique' is not included, the owners are open to selling the business and inventory separately. A rare opportunity to own a truly multi-functional property in charming Ruidoso!

MLS #:
132918
Taxes
$17,773(2025)
Lot Size
0.62 acres
Type
Single-Family Home
Year Built
2008
Style
Other
Views
Mountain(s), Trees/Woods
County
Lincoln County
Community
Palmer Gateway

Listed By

Kaitlin Brophy, Better Homes And Gardens Real Estate Steinborn & Associates
Source
RUIDOSO/LINCOLN IDX
Last checked Jul 14 2025 at 11:32 PM MDT
Bathroom Details
Interior Features
  • Open Floorplan
  • Pantry
  • See Remarks
Subdivision
  • Palmer Gateway
Lot Information
  • Interior Lot
  • Level
Property Features
  • Fireplace: Gas
Heating and Cooling
  • Central
  • Central Air
Utility Information
  • Sewer: Public Sewer
Parking
  • Parking Lot
Stories
  • One
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Ruidoso/Lincoln County Association of Realtors IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/14/25 16:32