I wanted to write a brief update on land - and just a few of the subdivisions in or near Ruidoso where you can buy lots or acreage, and compare how prices and features will vary among these areas.The areas I’ll be writing about are White Mountain Meadows, Alpine Village, Cedar Creek Ranchettes and Camelot.
White Mountain Meadows is one of Ruidoso’s mid to upper priced developments. Existing site built homes in this subdivision are listed at a median price of $449,900 (prices ranging from $175K to $690K, med. sq. ft price of $163 / ft) and currently there are 19 homes on the market.
Available lots in this area are in short supply. There are currently, 6 lots listed in White Mountain Meadows, prices range from $50,000 to $99,000. (Median price is $53,500) These lots generally will be at least a quarter acre to an acre in size, and offer amenities such village water & sewer, paved roads, restrictions, views, etc. Alpine Village located on the Northwest corner of Ruidoso, just outside the Village limits. Home prices in Alpine Village are closer to the median for the Ruidoso area.
Currently, there are 5 homes listed at a median price of $269,000, and median sq. ft price is $172 / ft. Available lots in this subdivision are also limited, with only 3 listings in the local MLS. Prices range from $19,500 to $27,000 and the median is $25,900. Lots range in size from one third to two thirds of an acre, roads are gravel, and community water is available.
Cedar Creek Ranchettes - shown in the photo on right, is located near the National Forest boundary in the Cedar Creek area, offers lots ranging from 1.6 to 4.1 acres in size. Median price on these parcels is $164,450. This is a gated community with underground utilities and a minimum building size of 2500 sq. ft. The terrain is heavily wooded and some lots have mountain views. Roads will be paved soon, and community water is provided for most lots. Click here for more details.
To learn more about land in Ruidoso, please visit the Ruidoso-Blog.com