$995,000

1074 New Mexico 48 Alto, NM 88312

Estimated payment $5,893/month

Total Views 860
6 Beds
4.5 Baths
4,260 Sq Ft
$234 Price per Sq Ft

Highlights

  • Guest House
  • RV Access or Parking
  • 1.04 Acre Lot
  • Capitan Elementary School Rated A-
  • Views of Trees
  • Deck

About This Home

PRIME COMMERCIAL NORTH OF ALTO! Approximate 282' NM Hwy 48 frontage with 1.045 acres. Great visibility and easy year round access. Sale includes 2 recently remodeled homes and a large industrial yard. Main stucco upper level home is approx 2,600 sq.ft with 3BD/2.5BA with bonus rooms plus a lower guest qtrs with 1BD/1BA plus detached 2nd one level home with 2BD/1BA. Spacious courtyard and spacious back covered deck with ''Hot Spring'' hot tub. Also 1 car garage plus a large approx 1,500 sq.ft. garage and shop area. Main home/guest has three CFA heat/ac units with tankless water heater. Includes stainless style kitchen appliances. Free standing wood stove in living area and gas log fireplace in the master bedroom. MULTI-USE POTENTIAL!!!

Listing Agent

Richard Loverin

Loverin Real Estate License #17860 Listed on: 07/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,666

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 1.04 Acre Lot
  • Property fronts a highway
  • Partially Fenced Property
  • Interior Lot

Parking

  • 2 Car Attached Garage
  • Parking Lot
  • RV Access or Parking

Property Views

  • Trees
  • Valley

Home Design

  • Mountain Architecture
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,260 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Free Standing Fireplace
  • Living Room
  • Home Office
  • Bonus Room
  • Workshop
  • Utility Room
  • Security Gate

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Alto North Subdivision

Listing and Financial Details

  • Tax Lot 3 & 4A
  • Assessor Parcel Number 4072058177504

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,666

Year Built

Built in 1980 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Unit Levels: Two
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1980
  • Lot Size Acres: 1.04
  • Road Frontage Type: Highway, State Road
  • Road Surface Type: Asphalt
  • Co List Office Phone: 575-258-5008
  • MLS Status: Active
  • Subdivision Name: Alto North
  • Architectural Style: Mountain, Other
  • ResoBuildingAreaSource: Estimated
  • New Construction: No
  • Water Source:Public: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • Cooling:Central Air: Yes
  • View TreesWoods: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Roof:Metal3: Yes
  • Levels:Two: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Connected: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Rooms:Living Room: Yes
  • Flooring:Wood2: Yes
  • Rooms:Workshop: Yes
  • Fencing:Partial: Yes
  • Flooring Laminate: Yes
  • View:Valley: Yes
  • Fireplace Free Standing: Yes
  • Security Features Security Gate: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer, Water Heater
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Appliances Only, Ceiling Fan(s), Recessed Lighting
  • Other Equipment: None
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Recessed Lighting: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Range Hood: Yes
  • Other Rooms:Office: Yes
  • Other Rooms:Bonus Room: Yes

Exterior Features

  • Fencing: Partial
  • Lot Features: Interior Lot, Views
  • Other Structures: Guest House
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Property Condition: Updated/Remodeled
  • Roof: Metal, Pitched
  • View: Trees/Woods, Valley
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco, Other
  • Exterior Features: Balcony, Courtyard, Rain Gutters
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Front Porch: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Lot Features:Views: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Parking Lot, RV Access/Parking

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas, Other
  • Security: Security Gate
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Heating:Central: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None12: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Zoning: C1
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 45302.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5666.0
  • Tax Block: -
  • Tax Lot: 3 & 4A
  • Tax Map Number: 4072058177504
  • Tax Tract: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 For Sale $995,000 -- $234 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

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Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 132884