$275,000
$25K PRICE DROP

138 Alto Alps Rd Unit 1 Alto, NM 88312

Estimated payment $1,563/month

Total Views 5,346
3 Beds
3 Baths
1,074 Sq Ft
$256 Price per Sq Ft

Highlights

  • Fitness Center
  • Views of Trees
  • Clubhouse
  • Capitan Elementary School Rated A-
  • Open Floorplan
  • Deck

About This Home

Open the door to a vibrant showcase of an upscale cozy atmosphere.This condo has been 100% redone like new; metal roof, stucco walls, floor, washer dryer and appliances. Furnished throughout. Downstairs opens to an independent efficiency for your mother in law or rental for additional income.1/4 mile from the post office and gas/ convenience store. IMPORTANT, this condo is included in the short term rental pool which represent 40% of the units. Other condo are NOT authorized to have short term rental. List price matches professional appraisal

Listing Agent

Philippe Larue

EXP Realty LLC License #REC-2024-0687 Listed on: 03/04/2025

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $778

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • Property fronts a private road
  • Lot Sloped Down
  • Wooded Lot

Property Views

  • Trees
  • Mountain
  • Forest

Home Design

  • Mountain Architecture
  • Split Level Home
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,074 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Living Room
  • Dining Room
  • Storage
  • Stacked Washer and Dryer
  • Home Gym

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Home Security

Parking

  • No Garage
  • Common or Shared Parking
  • On-Site Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near a golf course

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Natural Gas Connected
  • Shared Well
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 4071059490508

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, ground maintenance, maintenance structure, management, sewer, trash
  • Alto Alps Subdivision
  • Community Parking

Amenities

  • Clubhouse
  • Meeting Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$778

Year Built

Built in 1973 | Remodeled

Lot Details

0

Listing Details

  • Directions: Drive 48 north , after Shell on your left, at the top of the hill take a left towards Valero . Overtake the service station which is at your left , Alto Mountain village is right there on your left. as you enter the condominium, 138 will be the first unit as you take the first right.
  • Unit Levels: Two
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1973
  • Lot Size Acres: 0.05
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt, Gravel
  • Co List Office Phone: 505-554-3873
  • MLS Status: Active
  • Subdivision Name: Alto Alps
  • Architectural Style: Mountain, Split Level, Other
  • ResoBuildingAreaSource: Appraiser
  • New Construction: No
  • Cooling:Ceiling Fan(s)2: Yes
  • Cooling:Central Air: Yes
  • View TreesWoods: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Style:Split Level: 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 Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Rooms:Living Room: Yes
  • Cooling:Electric3: Yes
  • Fireplace Insert: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • View Forest: Yes
  • Flooring Laminate: Yes
  • Flooring:Vinyl: Yes
  • Utilities Phone Connected: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Location Property Info To Be Built2: No
  • Special Features: 5120

Interior Features

  • Appliances: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), In-Law Floorplan, Open Floorplan, Pantry, Storage
  • Other Equipment: Call Listing Agent
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fans: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Range Hood: Yes
  • Fireplace:Wood Burning: Yes
  • Interior Features:Pantry: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Convection Oven: Yes
  • Appliances:Cooktop: Yes
  • Appliances:Bar Fridge: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Other Rooms:Exercise: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Gentle Sloping, Near Golf Course, Sloped Down, Views, Wooded
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Other, See Remarks
  • Property Condition: Updated/Remodeled
  • Roof: Metal
  • View: Forest, Mountain(s), Trees/Woods
  • Construction Type: Stucco
  • Exterior Features: Balcony, Lighting, Rain Gutters, Storage, Tennis Court(s), Other
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Gentle Sloping: Yes
  • Patio And Porch Features:See Remarks19: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Views: Yes
  • Lot Features:Sloped Down: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Near Golf Course: Yes
  • Patio And Porch Features:Other24: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common, Gravel, No Garage, On Site
  • Association Amenities:Parking2: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Fireplace Insert, Hot Water
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Shared Well, See Remarks
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Heating:Central: Yes
  • Heating:Fireplace Insert: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Management: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Assoc Amenities:Club House: Yes
  • HOA Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • Assoc Amenities:Storage: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Amenities:Tennis Courts: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Management, Sewer, Trash, Other

Lot Info

  • Zoning: PUD
  • Lot Dimensions: 2,175 Sq ft.
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 778.4
  • Tax Block: 1
  • Tax Lot: 1
  • Tax Map Number: 4071059490508
  • Tax Tract: 9604.2

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
05/03/2025 05/03/25 Price Changed $275,000 -8.3% $256 / Sq Ft
03/04/2025 03/04/25 For Sale $300,000 -- $279 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

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Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 132180