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331 Pine Lodge Road, 
Capitan, NM 88316

$4,200,000

3

Beds

4

Baths

-

Sq Ft

Single Family

Active

Listed by

Keli L. Cox

Zia Real Estate

575-258-8656

Last updated:

February 10, 2026, 04:06 PM

MLS#

133164

Source:

NM RLCAR

About This Home

331 Pine Lodge Road

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.

Home Facts

Single Family

4 Baths

3 Bedrooms

Built in 2023

Price Summary

4,200,000

MLS #:

133164

Last Updated:

February 10, 2026, 04:06 PM

Added:

5 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Structure

Structure

Architectural Style:

Mountain, Ranch

Year Built:

2023

Finances & Disclosures

Finances

Price:

$4,200,000

Source:NM RLCAR
The information being provided by Ruidoso / Lincoln County Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Ruidoso / Lincoln County Association Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.