For Sale102d on market

2067 State Highway 48

Capitan, NM, 88316 • 88316 • Lincoln County

$1,250,000

$329/sqft

Down payment assistance available

3Beds

3Baths

3,794Sqft

39 acLot

1972Built

Property DNA

8 highlights

Mountain(s) Views

Mountain(s)

Ranch Style

Built 1972 · 54 years of history

Mohaco

88316

Outdoor Living

Rear Porch · Front Porch · Patio

1 Fireplace

Wood Burning · Wood BurningStove

Special Features

Barn(s) · Shed(s) · Storage · Workshop

Garage

Detached Carport · Detached · Garage · On Site

Tile & Wood Floors

Quality flooring throughout

This home is getting attention

Listed 102 days ago · 106 views · 2 saves

Market activity

Demand and pricing signals for this listing

106 views

People checking out this listing

2 saves

Buyers have saved this home

102 days on market

Established listing

$329/sqft

Price per square foot

Selling Soon Prediction

Moderate

This home ranks in the top 42% 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 1972

This charming, rustic-style homestead offers timeless character and plenty of usable space. Inside you'll find a grand stone fireplace built from Bingham rock, a wood stove, vaulted tongue-and-groove ceilings, large dining area, a grand living room, craft room, bar area, and three full baths. The home includes gas wall heaters, gas cooktop, electric oven, metal roof, stucco siding, and rock-wool insulation. Outside features an arbor-covered patio, outdoor kitchen with wood-burning fireplace, fruit trees, and both Sierra Blanca and Capitan views. The 39 acres of land surrounding this home is set up for practical living with barns, stalls, sheds, workshops with electricity, greenhouse, cellar, and ample parking--perfect for livestock, gardening, and everyday country life.

Standout features identified

Our analysis highlights workshops with electricity, ample parking, and stucco siding as key attractions of this home.

Estimated monthly payment

Based on current rates

$8,153/month

Principal & Interest$6,486

Property Tax$1,250

Insurance$417

Down payment20% ($250,000)

3%50%

Est. 6.75% rate · 30yr fixed · $1,000,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1972

HeatingFireplace(s), Wood Stove, Wall Furnace

CoolingCeiling Fan(s)

Parking1 Garage space

Lot39 Acres

Days on Zillow102 Days

Price/sqft$329

Property

Home typeSingle Family

Sub-typeSingle Family Residence

StyleRanch

ConditionSee Remarks

Year built1972

Stories1

Systems

HeatingFireplace(s), Wood Stove, Wall Furnace

CoolingCeiling Fan(s)

RoofMetal

ConstructionStucco

Water / SewerPublic, See Remarks / Septic Tank

Parking & Outdoor

ParkingDetached Carport, Detached, Garage, On Site

Fireplaces1

FencingBack Yard,Fenced,Front Yard

Lot39 Acres

Location & Tax

Neighborhood88316

ZoningR1

Annual tax$1,884

Parcel4076050333448000000

Bathrooms & Fees

Full baths3

Features & details

15 categories of property features

Interior Features

Interior

Ceiling Fan(s)

Main Level Primary

Appliances

Dryer

Dishwasher

Electric Oven

Gas Cooktop

Refrigerator

Washer

Flooring

Carpet

Tile

Wood

Heating

Fireplace(s)

Wood Stove

Wall Furnace

Cooling

Ceiling Fan(s)

Fireplace

Wood Burning

Wood BurningStove

Exterior Features

Exterior

Built-in Barbecue

Barbecue

Garden

Storage

Parking

Detached Carport

Detached

Garage

On Site

Construction

Stucco

Patio & Porch

Rear Porch

Front Porch

Patio

Lot Features

Gentle Sloping

Other

Views

Mountain(s)

Utilities

Electricity Connected

Natural Gas Connected

Water Connected

Other Equipment

Other

Other Structures

Barn(s)

Shed(s)

Storage

Workshop

Listing insights

Market data and value estimates

StatusFor Sale

Days on market102

Tax rate0.54%

Price/sqft$329

On marketDec 14, 2025

PostedDec 15, 2025

MLS updatedDec 14, 2025

Tour days9

Favorites2

How are the schools in Capitan?

3 schools rated nearby

Capitan Elementary School

Primary • Public • PK-5

0.9 mi

Capitan Middle School

Middle • Public • 6-8

1.0 mi

Capitan High School

High • Public • 9-12

1.0 mi

Location

Capitan, NM, 88316

Expand map

Price history

1 event

DateEventPrice$/sqftSource

Dec 15, 2025Listed For Sale$1,250,000$329RLCMLS

Listed For Sale$1,250,000

Dec 15, 2025•$329/sqft•RLCMLS

Tax history

10 years of records

YearTax paidAssessed value

Mar 27, 2024$1,884$99,931

Mar 27, 2023$1,638$97,045

Mar 27, 2022$1,617$93,419

Mar 27, 2021$802$47,519

Mar 27, 2020$873$46,136

Mar 27, 2019$854$45,231

Mar 27, 2018$826$43,914

Mar 27, 2017$776$42,623

Mar 27, 2015$776$41,394

Mar 27, 2014$791$41,846

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$13,260

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Off Market

$366,600

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Off Market

601 State Highway 48, Capitan, NM

Off Market

$151,700

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Neighborhood details

Local context around this listing

Capitan, NM • Lincoln County

Nearby cities

AltoCapitanCarrizozoCoronaHondoPicachoRuidosoRuidoso Downs

Nearby zip codes

883168833888351

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Value estimates

Live

Affordability$7,137/mo

Accepted financing

CashConventional1031 ExchangeUSDA Loan

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