For Sale127d on market

207 Lake Shore Dr

Alto, NM, 88312 • 88312 • Lincoln County

$749,950

$203/sqft

Down payment assistance available

5Beds

4Baths

3,694Sqft

0.35 acLot

1984Built

Property DNA

8 highlights

Waterfront Property

Direct water access

Scenic Views

Mountain(s) · Trees/Woods · Water

Cabin Style

Built 1984 · 42 years of history

Alto Lakes G&C

Clubhouse · Fitness Center · Golf Course

Enhanced Security

Carbon Monoxide Detector(s) · Smoke Detector(s)

Outdoor Living

Rear Porch · Deck · Wrap Around · Balcony

1 Fireplace

Wood Burning

Garage

Circular Driveway · Garage

Market activity

Demand and pricing signals for this listing

149 views

People checking out this listing

6 saves

Buyers have saved this home

127 days on market

Established listing

$203/sqft

Price per square foot

About this home

Single Family · Built 1984

Discover this spacious 5-bedroom, 3.5-bathroom gem, perfect for large groups or lucrative nightly rental with Alto lake views from every room! This fully furnished home boasts a recent makeover with modern amenities and appliances. The property features a double-car garage, a generous game room, and a wonderful flex room that would make the perfect mud room to drop off your skis. The home includes a sought-after full golf membership at the Alto Lakes Country Club! This home is being sold fully furnished, including a new Love Sac couch and custom made dining table! Short-term rental management can be transferred, and financials are available upon request. Other permits are not transferable. Located in one of the best spots in town, this home offers both luxury and convenience.

Standout features identified

Our analysis highlights custom made dining table, fully furnished home, and double-car garage as key attractions of this home.

Estimated monthly payment

Based on current rates

$4,757/month

Principal & Interest$3,757

Property Tax$750

Insurance$250

Down payment20% ($149,990)

3%50%

Est. 6.41% rate · 30yr fixed · $599,960 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1984

HeatingCentral, Fireplace(s), Natural Gas

CoolingCentral Air

ParkingGarage

Lot0.35 Acres

Days on Zillow127 Days

Price/sqft$203

Property

Home typeSingle Family

Sub-typeSingle Family Residence

StyleCabin

ConditionUpdated/Remodeled

Year built1984

Stories2

Systems

HeatingCentral, Fireplace(s), Natural Gas

CoolingCentral Air

RoofMetal,Pitched

ConstructionWood Siding

Water / SewerPublic / Septic Tank

Parking & Outdoor

ParkingCircular Driveway, Garage

Fireplaces1

FencingNone

Lot0.35 Acres

Location & Tax

Neighborhood88312

ZoningR1

Annual tax$3,304

Bathrooms & Fees

Full baths3

Features & details

16 categories of property features

Interior Features

Interior

Ceiling Fan(s)

Pantry

Smart Thermostat

Appliances

Dryer

Dishwasher

Electric Cooktop

Electric Oven

Electric Water Heater

Microwave

Refrigerator

Water Softener Owned

Stainless Steel Appliance(s)

Water Heater

Washer

Flooring

Carpet

Tile

Heating

Central

Fireplace(s)

Natural Gas

Cooling

Central Air

Fireplace

Wood Burning

Exterior Features

Exterior

Balcony

Parking

Circular Driveway

Garage

Construction

Wood Siding

Patio & Porch

Rear Porch

Deck

Wrap Around

Balcony

Lot Features

Near Golf Course

Steep Slope

Views

Security

Carbon Monoxide Detector(s)

Smoke Detector(s)

Views

Mountain(s)

Trees/Woods

Water

Pool Features

Association

Utilities

Electricity Connected

Natural Gas Connected

Water Connected

Other Equipment

None

Room details

9 rooms detailed

Master Bedroom

Main

Bedroom2

Main

Bedroom3

Main

Bedroom4

Lower

Bedroom5

Lower

Dining Room

Main

Listing insights

Market data and value estimates

StatusFor Sale

Days on market127

Est. rent$4,135/mo

Tax rate0.54%

Price/sqft$203

On marketOct 31, 2024

PostedNov 19, 2025

MLS updatedDec 10, 2025

Tour days9

Favorites6

How are the schools in Alto?

3 schools rated nearby

Capitan Elementary School

Primary • Public • PK-5

11.5 mi

Capitan Middle School

Middle • Public • 6-8

11.5 mi

Capitan High School

High • Public • 9-12

11.5 mi

Location

Alto, NM, 88312

Expand map

Price history

19 events

DateEventPrice$/sqftSource

Nov 19, 2025Listed For Sale$749,950$203RLCMLS

Nov 1, 2025Listing Removed$749,950$203RLCMLS

Aug 27, 2025Price Change$749,950$203RLCMLS

Aug 15, 2025Price Change$779,950$211RLCMLS

May 29, 2025Price Change$789,000$214RLCMLS

Mar 25, 2025Price Change$799,000$216RLCMLS

Oct 31, 2024Listed For Sale$825,000$223RLCMLS

Jun 25, 2021Listing Removed——RLCMLS

Apr 26, 2021Pending Sale$489,500$133RLCMLS

Apr 12, 2021Listed For Sale$489,500$133RLCMLS

Dec 18, 2020Listing Removed$465,000$126Century 21 Aspen Real Estate

Oct 19, 2020Price Change$465,000$126Century 21 Aspen Real Estate

Feb 17, 2020Listed For Sale$475,000$129Century 21 Aspen Real Estate

Mar 1, 2019Listing Removed$475,000$129Destiny Real Estate

Aug 18, 2018Listed For Sale$475,000$129Destiny Real Estate

Oct 14, 2014Sold——Agent Provided

Nov 26, 2012Listing Removed$378,000$102CENTURY 21 Aspen Real Estate, Inc.

Sep 22, 2012Price Change$378,000$102CENTURY 21 Aspen Real Estate, Inc.

Jun 24, 2012Listed For Sale$399,000$108CENTURY 21 Aspen Real Estate, Inc.

Listed For Sale$749,950

Nov 19, 2025•$203/sqft•RLCMLS

Listing Removed$749,950

Nov 1, 2025•$203/sqft•RLCMLS

Price Change$749,950

Aug 27, 2025•$203/sqft•RLCMLS

Price Change$779,950

Aug 15, 2025•$211/sqft•RLCMLS

Price Change$789,000

May 29, 2025•$214/sqft•RLCMLS

Price Change$799,000

Mar 25, 2025•$216/sqft•RLCMLS

Listed For Sale$825,000

Oct 31, 2024•$223/sqft•RLCMLS

Listing Removed—

Jun 25, 2021•RLCMLS

Pending Sale$489,500

Apr 26, 2021•$133/sqft•RLCMLS

Listed For Sale$489,500

Apr 12, 2021•$133/sqft•RLCMLS

Listing Removed$465,000

Dec 18, 2020•$126/sqft•Century 21 Aspen Real Estate

Price Change$465,000

Oct 19, 2020•$126/sqft•Century 21 Aspen Real Estate

Listed For Sale$475,000

Feb 17, 2020•$129/sqft•Century 21 Aspen Real Estate

Listing Removed$475,000

Mar 1, 2019•$129/sqft•Destiny Real Estate

Listed For Sale$475,000

Aug 18, 2018•$129/sqft•Destiny Real Estate

Sold—

Oct 14, 2014•Agent Provided

Listing Removed$378,000

Nov 26, 2012•$102/sqft•CENTURY 21 Aspen Real Estate, Inc.

Price Change$378,000

Sep 22, 2012•$102/sqft•CENTURY 21 Aspen Real Estate, Inc.

Listed For Sale$399,000

Jun 24, 2012•$108/sqft•CENTURY 21 Aspen Real Estate, Inc.

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Neighborhood details

Local context around this listing

Alto, NM • Lincoln County

Nearby cities

AltoCapitanCarrizozoCoronaHondoPicachoRuidosoRuidoso Downs

Nearby zip codes

88312

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Value estimates

Live

Est. rent$4,135/mo

30yr rate est.6.41%

Affordability$4,332/mo

Accepted financing

CashConventional1031 ExchangeVA Loan

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