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507 S Lake Street, 
Carlsbad, NM 88220

$159,000

2

Beds

1

Bath

870

Sq Ft

Single Family

Active

Listed by

Debra Rackers

Berkshire Hathaway Home Services Enchanted Lands - Carlsbad

575-689-2252

Last updated:

February 27, 2026, 07:00 PM

MLS#

20261156

Source:

NM RANM

About This Home

507 S Lake Street

Cozy space bursting with potential! This compact home is the perfect opportunity for a first-time buyer or investor looking to start or expand their real estate portfolio. This property needs some cosmetic updates and a little TLC. The smaller footprint makes 'putting your own stamp on it' a lot more budget-friendly. The 2 outdoor buildings are welcomed extra space. Both have electricity and one has water that could provide additional living space. It could also be used for a private office or she/he shed. Grab your favorite realtor and take a look!

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1950

Price Summary

159,000

$182 per Sq. Ft.

MLS #:

20261156

Last Updated:

February 27, 2026, 07:00 PM

Added:

2 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

870 Sq. Ft.

Structure

Structure

Architectural Style:

Ranch

Building Area:

870 Sq. Ft.

Year Built:

1950

Lot

Lot Size (Sq. Ft):

7,500

Finances & Disclosures

Finances

Price:

$159,000

Price per Sq. Ft:

$182 per Sq. Ft.

Source:NM RANM
The information being provided by New Mexico Multi-Board Mls 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 New Mexico Multi-Board Mls 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.