Save
Ask
Tour
Hide
Share
$4,200,000
162 Days On Site

331 Pine Lodge Road
Capitan, NM 88316

For Sale|Ranch|Active
3
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
2,500
SqFt
$1,680
/SqFt
2023
Built
Subdivision:
Metes & Bounds
County:
Lincoln
Listing courtesy of Keli L. Cox of Zia Real Estate
Call Now: (541) 270-2814
Is this the listing for you? We can help make it yours.
(541) 270-2814
331 Pine Lodge Road331 Pine Lodge Road331 Pine Lodge Road331 Pine Lodge Road
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$19,162
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Perhaps one of the most sought after gentlemen's ranches in New Mexico. Nestled in a bowl of natural outcroppings, this ranch has the most stunning views of Sierra Blanca Mountain and the Capitan Mountains. This ranch is unique in the fact that it encompasses the Rancho De Caballos Subdivision in it's entirety and an additional 270 acres of ranch land. Also included in this package are two (2) brand new custom homes with the finest of finishes and upgrades. If that's not enough, there is a 180x300 pipe roping arena with return ally. This ranch offers a rare blend of stunning natural beauty, high quality improvements and the tremendous potential for livestock production, hunting, and recreation. Large mule deer bucks and B&C bull elk have been seen on this property.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$4,200,000
Days On Site 
162 Days
Bedrooms 
3
Inside Area (SqFt) 
2,500 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
594 Acres
Year Built 
2023
MLS® Number 
133164
Status 
Active
Property Tax 
$10,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
5 months agoStatus changed to Active
5 months agoListing first seen on site
General Features
Acres 
594
Building Features 
SeeRemarks
Disclosures 
AccessoryDwellingUnit
Garage 
Yes
Levels 
One
Number Of Stories 
1
Parking 
Circular DrivewayDrivewayGarageGravel
Property Condition 
New Construction
Property Sub Type 
Ranch
Security 
Carbon Monoxide Detector(s)Security Gate
Sewer 
Septic Tank
Style 
MountainRanch
Utilities 
Electricity ConnectedNatural Gas ConnectedPhone AvailableUnderground UtilitiesWater Connected
Water Source 
Well
Zoning 
Rural
Interior Features
Appliances 
Bar FridgeConvection OvenDryerDishwasherElectric RangeDisposalMicrowaveRefrigeratorStainless Steel Appliance(s)Wine Refrigerator
Cooling 
Central AirCeiling Fan(s)
Fireplace 
Yes
Fireplace Features 
Wood Burning
Fireplaces 
1
Flooring 
CarpetWood
Furnished 
Furnished
Heating 
Forced AirFireplace(s)Natural Gas
Interior 
Breakfast BarCeiling Fan(s)In-Law FloorplanOpen FloorplanPantryRecessed LightingMaster Downstairs
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
FrameStone VeneerStucco
Exterior 
Built-in BarbecueBarbecueCourtyardOutdoor KitchenRain GuttersRV Hookup
Fencing 
FencedPartial
Lot Features 
ClearedLevelViews
Other Structures 
Arena
Patio And Porch 
Rear PorchCoveredFront PorchPorch
Road Frontage 
State Road
Roof 
Metal
View 
Mountain(s)Panoramic
Waterview 
Mountain(s)Panoramic
Community Features
Financing Terms Available 
CashConventional
Horse Property 
PastureArena
MLS Area 
N/Bonito River to N/Capitan
Roads 
Gravel
Listing courtesy of Keli L. Cox of Zia Real Estate



Listing information is provided by Participants of the Ruidoso/Lincoln County Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Ruidoso/Lincoln County Association of Realtors MLS.
Last checked: 2026-03-02 09:33 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share