26

Alto, NM Homes for Sale under $200,000

Section Image
  • Tbd Valley Ct, Alto, NM 88312
    Tbd Valley Ct, Alto, NM 88312
    Tbd Valley Ct, Alto, NM 88312
    /15

    $100,000

    • Land
    • 3 Acres
    • $33,333 per Acre

    Tbd Valley Ct, Alto, NM 88312

    Located in the scenic Deer Park Valley Subdivision of Alto Lakes Golf & Country Club, this 3-acre lot offers the perfect opportunity to build your mountain retreat with big Mountain Views. It would also be a legacy investment or simply enjoy the benefits of ownership with a coveted full golf membership to Alto Lakes Golf & Country Club. Enjoy, dining, fitness, golf, pool, and social amenities.

    Tbd Valley Ct, Alto, NM 88312
  • 24 Altamont Trail, Alto, NM 88312
    24 Altamont Trail, Alto, NM 88312
    24 Altamont Trail, Alto, NM 88312
    /6

    $119,000

    • Land
    • 5.92 Acres
    • $20,101 per Acre

    24 Altamont Trail, Alto, NM 88312

    Over 800 ft of highway frontage on this mixed use, unimproved 5.92 acre property. There is a 2,200 square ft. building requirement, but potential for commercial and residential use. Adjoining property, Lot 23, is also for sale. Access on a private road as well. Septic and well needed- buyer to verify all utilities.

    Scott Roser Roser Real Estate

    24 Altamont Trail, Alto, NM 88312
  • tbd Valley Ct, Alto, NM 88312
    tbd Valley Ct, Alto, NM 88312
    tbd Valley Ct, Alto, NM 88312
    /10

    $100,000

    • Land
    • 3 Acres
    • $33,333 per Acre

    tbd Valley Ct, Alto, NM 88312

    Located in the scenic Deer Park Valley Subdivision of Alto Lakes Golf & Country Club, this 3-acre lot offers the perfect opportunity to build your mountain retreat with big Mountain Views. It would also be a legacy investment or simply enjoy the benefits of ownership with a coveted full golf membership to the club. Enjoy, dining, fitness, golf, pool, and social amenities. There is a septic

    Chad Casson NM Ranch & Luxury, LLC

    tbd Valley Ct, Alto, NM 88312
  • 243 Deer Park Dr, Alto, NM 88312
    243 Deer Park Dr, Alto, NM 88312
    243 Deer Park Dr, Alto, NM 88312
    /5

    $129,500

    • Land
    • 1 Acre
    • $129,500 per Acre

    243 Deer Park Dr, Alto, NM 88312

    GREAT DEER PARK WOODS 1 ACRE LOT WITH VIEWS. Nice buildable lot with golf membership to Alto Lakes Golf and Country Club. Wooded-valley views overlooking the Capitan Mountains. Level street access for driveway and garage. Many options for building. This lot has a variance reducing the setback from the street to optimize building. A Must See!

    Richard Loverin Loverin Real Estate

    243 Deer Park Dr, Alto, NM 88312
  • 183 Corrida de Rio, Alto, NM 88312
    183 Corrida de Rio, Alto, NM 88312
    183 Corrida de Rio, Alto, NM 88312
    /28

    $179,500

    • Land
    • 5.13 Acres
    • $34,990 per Acre

    183 Corrida de Rio, Alto, NM 88312

    Beautiful 5 acre Ranches of Sonterra lot! The Corrida De Rio property is gated, has a water well, electricity, and a cleared pad for building, with a creek well below the building pad. Wonderful Mountain Views, including Sierra Blanca! 1,500 sq ft minimum required, septic is needed, and owners will maintain the road. The top of the lot runs along Altamira Drive.

    Julie Rigsby Century 21 Aspen Real Estate

    183 Corrida de Rio, Alto, NM 88312
  • Lot 2A Snow Park Rd, Alto, NM 88312
    Lot 2A Snow Park Rd, Alto, NM 88312
    Lot 2A Snow Park Rd, Alto, NM 88312
    /8

    $150,000

    • Land
    • 5.2 Acres
    • $28,846 per Acre

    Lot 2A Snow Park Rd, Alto, NM 88312

    Expansive 5+ Acre Retreat in Alto. Nestled on over five lush, tree-filled acres brimming with wildlife, this stunning property in Alto offers breathtaking views and the perfect canvas to build your dream home. Enjoy the serenity of nature located just 2 miles from the Alto Country Club (while not being part of the club) and a quick 13-mile drive to Ski Apache. With ample space and proximity to

    Margaret Marx Pinnacle Real Estate & Dev

    Lot 2A Snow Park Rd, Alto, NM 88312
  • Lot165-166 Corvo Crista Unit 2, Alto, NM 88312
    Lot165-166 Corvo Crista Unit 2, Alto, NM 88312
    Lot165-166 Corvo Crista Unit 2, Alto, NM 88312
    /8

    $150,000

    • Land
    • 13.86 Acres
    • $10,823 per Acre

    Lot165-166 Corvo Crista Unit 2, Alto, NM 88312

    Discover the perfect setting for your dream home on nearly 14 acres in the serene Ranches of Sonterra. This peaceful, private property offers a quiet escape surrounded by nature—ideal for birdwatching and enjoying daily visits from local wildlife. Build your home and create the tranquil lifestyle you've been dreaming of.

    Ann Gillum Better Homes & Gardens Real Estate - Steinborn & Associates

    Lot165-166 Corvo Crista Unit 2, Alto, NM 88312
  • 23 Altamont Trail, Alto, NM 88312
    23 Altamont Trail, Alto, NM 88312
    23 Altamont Trail, Alto, NM 88312
    /7

    $155,000

    • Land
    • 11.48 Acres
    • $13,502 per Acre

    23 Altamont Trail, Alto, NM 88312

    Price lowered again!Seller motivated!Hwy 48 frontage as well as access from private road in the subdivision.....Big Sierra Blanca View at the more level ''top''.Maybe the dream home on top and some commercial down below? Will need septic & probably well. 2200 Sq. Ft. minimum. Horses allowed.

    Scott Roser Roser Real Estate

    23 Altamont Trail, Alto, NM 88312
  • 109 Vista Rio Bonito Dr, Alto, NM 88312
    109 Vista Rio Bonito Dr, Alto, NM 88312
    109 Vista Rio Bonito Dr, Alto, NM 88312
    /12

    $189,500

    • Land
    • 5 Acres
    • $37,900 per Acre

    109 Vista Rio Bonito Dr, Alto, NM 88312

    A beautiful Bonito River tract with about 500 feet of river frontage. Has a well. Easy access and great building sites.

    Harvey Foster Century 21 Aspen Real Estate

    109 Vista Rio Bonito Dr, Alto, NM 88312
  • Lot 16 Sandesta Dr, Alto, NM 88312
    Lot 16 Sandesta Dr, Alto, NM 88312
    /2

    $189,000

    • Land
    • 18.92 Acres
    • $9,989 per Acre

    Lot 16 Sandesta Dr, Alto, NM 88312

    Expansive acreage to build your beautiful mountain dream home. This lot was hit by Little Bear Fire in 2012 and now has fire break for your home site. A fill is located on one side of a top hill side for a parking area. This lot also has creek with a wet shallow water pool at bottom that may be a spring? This lot also boasts massive views of Sierra Blanca and Bonito Valley Views.

    Melissa Waldrop Pinnacle Real Estate & Dev

    Lot 16 Sandesta Dr, Alto, NM 88312
  • Lot 14B Monjeau Lookout Rd, Alto, NM 88312
    Lot 14B Monjeau Lookout Rd, Alto, NM 88312
    Lot 14B Monjeau Lookout Rd, Alto, NM 88312
    /12

    $119,000

    • Land
    • 8.68 Acres
    • $13,710 per Acre

    Lot 14B Monjeau Lookout Rd, Alto, NM 88312

    Sitting at nearly 8,700 feet in elevation, this remarkable 8+ acre property offers a ''top of the world'' feeling with panoramic views that stretch for miles. Peaceful, private, and surrounded by nature, this rare find backs up to national forest land, offering endless exploration right from your backyard.A large, leveled area is already in place - perfect for building your dream mountain home,

    Shannon Scheel Mountain Home Properties NM

    Lot 14B Monjeau Lookout Rd, Alto, NM 88312
  • Lot 319 Santiago Cir, Alto, NM 88312
    Lot 319 Santiago Cir, Alto, NM 88312
    Lot 319 Santiago Cir, Alto, NM 88312
    /13

    $179,500

    • Land
    • 4.96 Acres
    • $36,190 per Acre

    Lot 319 Santiago Cir, Alto, NM 88312

    A beautiful lot with over 350 ft of river frontage. Easy to build on.

    Harvey Foster Century 21 Aspen Real Estate

    Lot 319 Santiago Cir, Alto, NM 88312
  • Lot 19C Gene Littler Ln, Alto, NM 88312
    Lot 19C Gene Littler Ln, Alto, NM 88312
    Lot 19C Gene Littler Ln, Alto, NM 88312
    /20

    $150,000

    • Land
    • 1.18 Acres
    • $127,119 per Acre

    Lot 19C Gene Littler Ln, Alto, NM 88312

    This lot in the Lincoln Hills, also known as the Outlaw Subdivision, offers a scenic and peaceful setting with views of rolling hills, mountains, and mature trees. It's located in a well-planned resort golf community with access to a wide range of amenities, including dining, tennis, pickleball, a fitness center, swimming, and other recreational options. The lot also comes with a membership to

    Scott Miller Pinnacle Real Estate & Dev

    Lot 19C Gene Littler Ln, Alto, NM 88312
  • 115 Hiker Ct, Alto, NM 88312
    115 Hiker Ct, Alto, NM 88312
    115 Hiker Ct, Alto, NM 88312
    /27

    $185,000

    • 1 Bed
    • 1 Bath
    • 265 Sq Ft

    115 Hiker Ct, Alto, NM 88312

    Calling all hikers, hunters, campers, weekenders, homesteaders or investment seekers. A park model home on 4.5 acres that backs up to the Lincoln National Forest. Little restrictions to abide by with views for days. A well and septic already drilled with one Rv hook up with the possibility of adding more. Beat the heat, call it home, or simply add and income stream to your pocket, either way,

    Brittany Wilson Pinnacle Real Estate & Dev

    115 Hiker Ct, Alto, NM 88312
  • L6B6 Lipan Ct, Alto, NM 88312
    L6B6 Lipan Ct, Alto, NM 88312
    L6B6 Lipan Ct, Alto, NM 88312
    /23

    $120,000

    • Land
    • 0.54 Acre
    • $222,222 per Acre

    L6B6 Lipan Ct, Alto, NM 88312

    This lot is unique in that it sits at the end of a cul-de-sac and backs up to a long par 5 at Rainmakers Golf Club & Resort, the premier golf and recreation community in Southern New Mexico. This beautiful homesite offers panoramic views of the Sierra Blanca, Capitan and Carrizozo Mountain Ranges, easy access to the adjacent Spencer Theater for the Performing arts and a full club membership

    Lee Anne Henson Better Homes & Gardens Real Estate - Steinborn & Associates

    L6B6 Lipan Ct, Alto, NM 88312
  • Lot 91 Deer Park Dr Unit 3, Alto, NM 88312
    Lot 91 Deer Park Dr Unit 3, Alto, NM 88312
    Lot 91 Deer Park Dr Unit 3, Alto, NM 88312
    /17

    $175,000

    • Land
    • 0.51 Acre
    • $343,137 per Acre

    Lot 91 Deer Park Dr Unit 3, Alto, NM 88312

    Very desirable half acre building Lot on the northeast corner of prestigious Deer Park Drive and Red Hawk Drive. Mostly level with a slight slope at the back - giving a peek at the Capitan Mtns! It's easy to envision an inviting circle drive entry off Deer Park with a side entry garage off Red Hawk! This lot has been cleaned and trimmed to Fire Wise standards while preserving several gorgeous

    Mark Clark Fathom Realty NM

    Lot 91 Deer Park Dr Unit 3, Alto, NM 88312
  • 120 Ravens Wing Dr, Alto, NM 88312
    120 Ravens Wing Dr, Alto, NM 88312
    120 Ravens Wing Dr, Alto, NM 88312
    /18

    $149,000

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft

    120 Ravens Wing Dr, Alto, NM 88312

    This 3 bedroom 2 bath, manufactured home, will bring comfort for the whole family. Located on a corner lot with usable outdoor space for enjoying the outdoors and room for the kids to play.

    Kaitlin Brophy Better Homes & Gardens Real Estate - Steinborn & Associates

    120 Ravens Wing Dr, Alto, NM 88312
  • L362 San Pablo Heights, Alto, NM 88312
    L362 San Pablo Heights, Alto, NM 88312
    L362 San Pablo Heights, Alto, NM 88312
    /20

    $149,000

    • Land
    • 5 Acres
    • $29,800 per Acre

    L362 San Pablo Heights, Alto, NM 88312

    Beautiful! Panoramic view property in a cul-de-sac. Abundant wildlife such as deer, elk, and turkey. Many improvements made over the past year. Crushed rock driveway to a secluded level building site. Septic has been placed for a 4 bdrm home. Water tank for potable water. Minimum build of 1500 sq ft. No Manufactured homes. Take a look! You won't be disappointed.

    KAREN RHEINGANS Century 21 Aspen Real Estate

    L362 San Pablo Heights, Alto, NM 88312
  • 159 Crown Ridge Rd, Alto, NM 88312
    159 Crown Ridge Rd, Alto, NM 88312
    159 Crown Ridge Rd, Alto, NM 88312
    /5

    $150,000

    • Land
    • 0.3 Acre
    • $500,000 per Acre

    159 Crown Ridge Rd, Alto, NM 88312

    This buildable lot on Hole #16 at Alto Lakes Golf and Country Club offers stunning Sierra Blanca mountain views and direct access to the golf course. Included is a Full Golf Membership, granting exclusive access to 3 golf courses, clubhouse, dining, and much more. Design your dream home in the serene, scenic setting and enjoy the best of golf and mountain living.

    Leslie Sisk Mountain Home Properties NM

    159 Crown Ridge Rd, Alto, NM 88312
  • T15B Partridge Ct, Alto, NM 88312
    T15B Partridge Ct, Alto, NM 88312
    T15B Partridge Ct, Alto, NM 88312
    /4

    $169,500

    • Land
    • 2.6 Acres
    • $65,192 per Acre

    T15B Partridge Ct, Alto, NM 88312

    2.6 ACRE DEER PARK WOODS LOT WITH VIEWS! Approximate 2.6 acres on cul-de-sac with wooded-valley views. Nice location to build your dream home or spec home. Golf membership too. All club amenities including three golf courses, three club houses, pool, fitness center and more. A Must See!

    Richard Loverin Loverin Real Estate

    T15B Partridge Ct, Alto, NM 88312
  • Lot 3 Nambe Ct, Alto, NM 88312
    Lot 3 Nambe Ct, Alto, NM 88312
    Lot 3 Nambe Ct, Alto, NM 88312
    /10

    $170,000

    • Land
    • 1.06 Acres
    • $160,377 per Acre

    Lot 3 Nambe Ct, Alto, NM 88312

    Beautiful views of Sierra Blanca and surrounding mountains from this 1.06 acre lot in Rainmakers Resort and Club. This lot comes with a lifestyle membership and sits on a quiet cul-de-sac and backs to the Wildlife Conservation Area. Rainmakers is a Robert Trent Jones II course ranked #1 private course in New Mexico and in top- 100 courses in the US. Club has 18-hole golf course, swimming pool,

    Julianna Pursley Mountain Home Properties NM

    Lot 3 Nambe Ct, Alto, NM 88312
  • Tract 24 Deer Creek Rd Unit 2, Ruidoso, NM 88345
    Tract 24 Deer Creek Rd Unit 2, Ruidoso, NM 88345
    /2

    $150,000

    • Land
    • 5 Acres
    • $30,000 per Acre

    Tract 24 Deer Creek Rd Unit 2, Ruidoso, NM 88345

    Beautiful wooded and private lot. This is your opportunity to build your dream home or great getaway home in the mountains!! Blank canvas waiting for you!!

    Scott Miller Pinnacle Real Estate & Dev

    Tract 24 Deer Creek Rd Unit 2, Ruidoso, NM 88345
  • 41C Lee Trevino Ct Unit 3, Alto, NM 88312
    41C Lee Trevino Ct Unit 3, Alto, NM 88312
    41C Lee Trevino Ct Unit 3, Alto, NM 88312
    /9

    $200,000

    • Land
    • 1.64 Acres
    • $121,951 per Acre

    41C Lee Trevino Ct Unit 3, Alto, NM 88312

    Incredible Panoramic Mountain Views! Enjoy 36 holes of golf with a full golf membership to Alto Lakes Golf & Country Club, Kokopelli, and Outlaw. This lot overlooks the Outlaw driving range near the clubhouse and on a cult de sac street - Lee Trevino. Must see this beautiful lot or any other available Outlaw lots.

    Scott Miller Pinnacle Real Estate & Dev

    41C Lee Trevino Ct Unit 3, Alto, NM 88312
  • Lot 13 A Cochiti Ct, Alto, NM 88312
    Lot 13 A Cochiti Ct, Alto, NM 88312
    /2

    $145,000

    • Land
    • 1.02 Acres
    • $142,157 per Acre

    Lot 13 A Cochiti Ct, Alto, NM 88312

    PREMIER APPROX 1.017 ACRE RAINMAKERS LOT! Great views of Sierra Blanca and surrounding Sacramento Mountain views. Rainmakers Resort Lifestyle 'Golf' Membership too. Re plated 1 1/2lots located on a private street with cul-de-sac. Gorgeous homes on both sides and this lot is situated between the homes. Water/sewer available. They have been recognized for water conservation and obtained Audubon

    Richard Loverin Loverin Real Estate

    Lot 13 A Cochiti Ct, Alto, NM 88312
  • 160 Deer Creek Rd Unit 2, Ruidoso, NM 88345
    160 Deer Creek Rd Unit 2, Ruidoso, NM 88345
    /2

    $175,000

    • Land
    • 5 Acres
    • $35,000 per Acre

    160 Deer Creek Rd Unit 2, Ruidoso, NM 88345

    The mountains are calling!! This beautiful wooded lot is ready for you, build your dream home or perfect vacation home! Gather your dreams and start getting ready to make memories here in paradise!

    Scott Miller Pinnacle Real Estate & Dev

    160 Deer Creek Rd Unit 2, Ruidoso, NM 88345
  • 108 Woodridge Ct, Alto, NM 88312
    108 Woodridge Ct, Alto, NM 88312
    108 Woodridge Ct, Alto, NM 88312
    /5

    $175,000

    • Land

    108 Woodridge Ct, Alto, NM 88312

    This lot has amazing views, Sierra Blanca, Approx. 500 yards from the country club, walking distance away. Private, at the end of the cul- de-sac. Full country club membership.

    Dianna Gandy-Goff Destiny Real Estate

    108 Woodridge Ct, Alto, NM 88312
New Mexico Lincoln County Alto

Real Estate & Homes in Alto, NM under $200,000

Home Trends in Alto, NM

On average, homes in Alto, NM sell after 80 days on the market compared to the national average of 52 days. The median sale price for homes in Alto, NM over the last 12 months is $685,000, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$685,000
Median Single Family Sale Price
$750,000
Median Townhouse Sale Price
$627,800
Median 2 Bedroom Sale Price
$216,500
Median 1 Bedroom Sale Price
$99,500
Average Price Per Sq Ft
$320
Number of Homes for Sale
154
Last 12 months Home Sales
127
Months of Supply
14.60
Median List Price
$759,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
2%
How to Buy a Home How to Finance a Home How to Sell a Home

In Alto, you'll find a diverse selection of properties with 26 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Alto, NM.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2025 CoStar Group