For Sale136d on market
1097 State Highway 48
Alto, NM, 88312 • 88312 • Lincoln County
$1,790,000
$341/sqft
+$40,000 since Jan 4, 2026
Down payment assistance available
4Beds
4Baths
5,250Sqft
12.7 acLot
1981Built
Property DNA
Waterfront Property
None
Scenic Views
Mountain(s) · Trees/Woods
Mountain Style
Built 1981 · 45 years of history
Gated & Secured
Security System Leased · Security Gate
Outdoor Living
Deck · Front Porch · Patio · Balcony
2 Fireplaces
Gas · Wood Burning · Wood BurningStove
Workshop
Workshop
2-Car Garage
Attached · Garage · Garage Door Opener · Gravel
This home is getting attention
Listed 136 days ago · 228 views · 4 saves
Market activity
Demand and pricing signals for this listing
228 views
People checking out this listing
4 saves
Buyers have saved this home
136 days on market
Established listing
$341/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 49% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1981
Escape to your own mountain sanctuary on 12+ secluded acres with breathtaking panoramic views. This fully remodeled mountain-style masterpiece blends rustic elegance with modern luxury, featuring: 4 generous bedrooms + dedicated office, 3.5 bathrooms, 2 expansive great rooms perfect for entertaining, Multiple fireplaces, Grand automatic entry gate for ultimate privacy and security, Fresh, contemporary finishes throughout - a true move-in-ready blank canvas awaiting your personal flair Tucked away for total tranquility yet only minutes from all the shopping, dining, and recreation Lincoln County has to offer. Whether you crave peaceful sunrise coffees on the deck, star-filled evenings by the fire, or room to roam on your private estate, this is the retreat you've been dreaming of.
Standout features identified
Our analysis highlights multiple fireplaces, dedicated office, and secluded acres as key attractions of this home.
Estimated monthly payment
Based on current rates
$11,675/month
Principal & Interest$9,288
Property Tax$1,790
Insurance$597
Down payment20% ($358,000)
3%50%
Est. 6.75% rate · 30yr fixed · $1,432,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1981
HeatingCentral, Fireplace(s), Natural Gas, Wood Stove
CoolingCentral Air, Ceiling Fan(s)
Parking2 Attached Garage spaces
Lot12.70 Acres
Days on Zillow136 Days
Price/sqft$341
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleMountain
ConditionUpdated/Remodeled
Year built1981
Stories2
Systems
HeatingCentral, Fireplace(s), Natural Gas, Wood Stove
CoolingCentral Air, Ceiling Fan(s)
RoofComposition,Metal,Pitched
ConstructionFrame, Stucco, Wood Siding
Water / SewerWell / Septic Tank
Parking & Outdoor
ParkingAttached, Garage, Garage Door Opener, Gravel
Garage2 spaces
Fireplaces2
FencingBack Yard
Lot12.70 Acres
Location & Tax
Neighborhood88312
ZoningRural
Annual tax$10,078
Parcel4072058049509000000
Bathrooms & Fees
Full baths3
Features & details
17 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Open Floorplan
Pantry
Recessed Lighting
Storage
Loft
Workshop
Appliances
Dishwasher
Electric Oven
Gas Range
Microwave
Refrigerator
Stainless Steel Appliance(s)
Flooring
Tile
Wood
Heating
Central
Fireplace(s)
Natural Gas
Wood Stove
Cooling
Central Air
Ceiling Fan(s)
Laundry
Washer Hookup
Fireplace
Gas
Wood Burning
Wood BurningStove
Exterior Features
Exterior
Balcony
Courtyard
Dog Run
Parking
Attached
Garage
Garage Door Opener
Gravel
Construction
Frame
Stucco
Wood Siding
Patio & Porch
Deck
Front Porch
Patio
Balcony
Lot Features
Level
Views
Wooded
Security
Security System Leased
Security Gate
Views
Mountain(s)
Trees/Woods
Utilities
Cable Available
Electricity Connected
Natural Gas Connected
Other Equipment
Other
Other Structures
Workshop
Listing insights
Market data and value estimates
StatusFor Sale
Days on market136
Est. value$1,645,400
Est. rent$4,245/mo
Tax rate0.54%
Price/sqft$341
On marketNov 10, 2025
PostedNov 10, 2025
MLS updatedMar 8, 2026
Tour days9
Views228
Favorites4
How are the schools in Alto?
3 schools rated nearby
Location
Alto, NM, 88312
Price history
12 events
DateEventPrice$/sqftSource
Jan 4, 2026Price Change$1,790,000$341RLCMLS
Nov 10, 2025Listed For Sale$1,750,000$333RLCMLS
Oct 22, 2025Listing Removed$1,750,000$333RLCMLS
Jun 11, 2025Price Change$1,750,000$333RLCMLS
May 24, 2025Price Change$1,950,000$371RLCMLS
Jun 14, 2023Price Change$995,000$190RLCMLS
Apr 4, 2023Listed For Sale$1,295,000$247RLCMLS
Oct 15, 2020Listing Removed$995,000$190Zia Real Estate
Sep 4, 2020Listed For Sale$995,000$190Zia Real Estate
Jul 27, 2020Listing Removed$995,000$190Zia Real Estate
Jul 17, 2020Price Change$995,000$190Zia Real Estate
Jun 3, 2020Listed For Sale$1,200,000$229Zia Real Estate
Price Change$1,790,000
Jan 4, 2026•$341/sqft•RLCMLS
Listed For Sale$1,750,000
Nov 10, 2025•$333/sqft•RLCMLS
Listing Removed$1,750,000
Oct 22, 2025•$333/sqft•RLCMLS
Price Change$1,750,000
Jun 11, 2025•$333/sqft•RLCMLS
Price Change$1,950,000
May 24, 2025•$371/sqft•RLCMLS
Price Change$995,000
Jun 14, 2023•$190/sqft•RLCMLS
Listed For Sale$1,295,000
Apr 4, 2023•$247/sqft•RLCMLS
Listing Removed$995,000
Oct 15, 2020•$190/sqft•Zia Real Estate
Listed For Sale$995,000
Sep 4, 2020•$190/sqft•Zia Real Estate
Listing Removed$995,000
Jul 27, 2020•$190/sqft•Zia Real Estate
Price Change$995,000
Jul 17, 2020•$190/sqft•Zia Real Estate
Listed For Sale$1,200,000
Jun 3, 2020•$229/sqft•Zia Real Estate
Tax history
10 years of records
YearTax paidAssessed value
Mar 27, 2024$8,404$485,491
Mar 27, 2023$4,653$307,567
Mar 27, 2022$4,751$307,567
Mar 27, 2021$4,653$307,567
Mar 27, 2020$5,312$307,567
Mar 27, 2019$4,177$241,957
Mar 27, 2018$4,133$240,272
Mar 27, 2017$2,687$148,663
Mar 27, 2015$2,687$161,115
Mar 27, 2014$2,757$161,115
Nearby homes
Neighborhood details
Local context around this listing
Alto, NM • Lincoln County
Nearby cities
AltoCapitanCarrizozoCoronaHondoPicachoRuidosoRuidoso Downs
Nearby zip codes
88312
Similar homes
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