Truth or Consequences Hotel Treasured for Its Architecture and Minerals Bath is Up for Sale

One of the oldest hotels in New Mexico, connected to one of the most unique natural wonders in the state, is now on the market with an asking price of $2 million.

Located at 516 Austin Street in downtown Truth or Consequences, the Hoosier Hot Springs was built in 1937 and is regarded as a local icon with its 1930s modern architectural exterior and interior details.

Advertised for its “private mineral baths,” the two-story Hoosier Hot Springs structure is classified as a Class B building and sits on a less than one-acre site.

Measuring just over 5,500 square feet, the structure includes three private indoor hot spring baths and an outdoor hot spring jacuzzi. The property underwent a general renovation last year.

Truth or Consequences is known for its hot springs, which are a part of the Hot Springs Artesian Basin. At the time of the hotel’s building, the city was home to well over two dozen natural hot springs spas, all contributing to a thriving local tourist industry.

The building is listed with the Las Cruces offices of NAI First Valley Realty.

February 11, 2025

By Garry Boulard

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