$185,700
$9K PRICE DROP

118 Thunder Mountain Ct Alto, NM 88312

Alto Area

Estimated payment $1,345/month

Total Views 3,077
2 Beds
2 Baths
1,356 Sq Ft
$137 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Views of Trees
  • Deck
  • Capitan Elementary School Rated A-
  • Open Floorplan
  • 1 Fireplace

About This Home

118 Thunder Mountain Court is a furnished 2-bedroom, 2-bath condo in the Alto Alps community, built 1979, single level, 1,356 heated sq ft. A covered front porch opens to a tiled entry & open living/dining area w/ a wood-burning fireplace & deck w/ wooded views. The kitchen offers oak cabinetry, tile flooring, & appliances incl. dishwasher, electric range, microwave, & refrigerator. Primary suite has a private en-suite bath; second bedroom & full hall bath complete the layout. Central heat, forced air, & ceiling fans. Turnkey w/ an established rental history; Ideal for STR investment or a mountain getaway. HOA covers grounds & structure maintenance & includes clubhouse, pool, & tennis courts. On-site parking. Minutes from Alto Lakes Golf & Country Club, Ski Apache, & Ruidoso.

Listing Agent

Chelsey Koch

Future Real Estate License #53323 Listed on: 04/03/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1979

HOA Fees

  • $221 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Views of Trees

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Gentle Sloping Lot
  • Horses Allowed On Property

Community Details

  • Association fees include ground maintenance, maintenance structure
  • Alto Alps Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4071059433417

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,247

Year Built

Built in 1979

Lot Details

0 Sq Ft Lot

HOA Fees

$221 per month

Listing Details

  • Directions: Mechem to Alto Alps Rd to Thunder Mountain Ct. Condo on the right.
  • Unit Levels: One
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • Current Use: None
  • Road Frontage Type: Other
  • Road Surface Type: Asphalt
  • Co List Office Phone: 575-415-4039
  • MLS Status: Active
  • Subdivision Name: Alto Alps
  • Architectural Style: Other
  • ResoBuildingAreaSource: Assessor
  • Location Property Info To Be Built2: No
  • Fee Includes: Maintenance Grounds, Maintenance Structure, Other
  • Special Features: None

Interior Features

  • Appliances: Microwave, Refrigerator, Electric Range, Dishwasher
  • Flooring: Carpet, Tile
  • Other Equipment: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Features: Ceiling Fan(s), Open Floorplan

Exterior Features

  • Fencing: None
  • Lot Features: Gentle Sloping
  • Patio And Porch Features: Deck
  • View: Trees/Woods
  • Waterfront Features: None
  • Horse: Yes
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Property Condition: See Remarks

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Ceiling Fan(s)
  • Utilities: Natural Gas Connected, Water Connected, Electricity Connected, Cable Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 221.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Zoning: R1
  • Lot Dimensions: see plat
  • Parcel Number: 4071059433417

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1247.0
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Tract: 0

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,187 $68,711 $2,290 $66,421
2025 $1,187 $68,711 $2,290 $66,421
2024 $1,174 $68,711 $2,290 $66,421
2023 $1,174 $31,589 $2,290 $29,299
2022 $469 $30,669 $2,223 $28,446
2021 $446 $29,772 $2,158 $27,614
2020 $495 $28,905 $2,095 $26,810
2019 $484 $28,338 $2,054 $26,284
2018 $468 $27,512 $1,994 $25,518
2017 $438 $26,712 $1,936 $24,776
2015 $440 $25,936 $1,880 $24,056
2014 $415 $24,552 $1,197 $23,355
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2026 08/04/26 Price Changed $185,700 -2.3% $137 / Sq Ft
06/17/2026 06/17/26 Price Changed $190,000 -2.6% $140 / Sq Ft
04/03/2026 04/03/26 For Sale $195,000 -11.0% $144 / Sq Ft
10/31/2023 10/31/23 Sold -- -- -- View Prior Sale
09/11/2023 09/11/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $219,000 -- $180 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Lincoln County Abstract & Titl
Quit Claim Deed -- Lincoln County Abstract & Titl
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $175,200 New Conventional
Source: Public Records

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 133866

APN: 4-071-059-433-417

Your Personal Tour Guide

Ask me questions while you tour the home.