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For sale
  • $587,500

    1043 State Highway 48, Alto, NM 88312

    3beds
    2,136sqft
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    Single Family Residence
    Built in 1973
    2 Acres Lot
    $551,400 Zestimate®
    $275/sqft
    $-- HOA

    What's special

    Stunning log homeGated entranceTwo picturesque acresTowering pinesRich wood finishesTwo additional bedroomsSoaring ceilings
    Welcome to your private mountain sanctuary, where rustic elegance meets modern comfort. Nestled behind a gated entrance on two picturesque acres, this stunning log home offers the peace, privacy, and breathtaking mountain lifestyle you've been dreaming of. Inside, you'll find a warm and inviting open-concept floor plan featuring soaring ceilings, rich wood finishes, and walls of windows that frame spectacular tree-filled views. The spacious chef's kitchen is designed for entertaining, complete with abundant cabinetry, generous counter space, and seamless flow into the dining and living areas. The luxurious primary suite is a true retreat, offering a cozy fireplace, ample space to unwind, and a spa-like atmosphere. Two additional bedrooms and a second full bath provide comfortable accommodations for family and guests. Step outside to expansive wraparound decks where you can enjoy your morning coffee, host gatherings, or simply relax while surrounded by towering pines and the tranquility of nature. Whether you're searching for a full-time residence, a mountain getaway, or an investment property, this exceptional three-bedroom, two-bath log home delivers privacy, charm, and timeless mountain appeal.
    11 days
    |
    296
    |
    15
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Thomas 575-937-6742,

    Rise Real Estate 575-808-8889

    Source: New Mexico MLS,MLS#: 20263901MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Features
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,136
      • Total interior livable area: 2,136 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Open
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Lot
      • Size: 2 Acres
      • Topography: Irregular Lot
      Details
      • Parcel number: 4072059213174

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1973

      Community & HOA

      Community
      • Security: Audio/Video Surveillance
      HOA
      • Has HOA: No
      Location
      • Region: Alto

      Financial & listing details

      • Price per square foot: $275/sqft
      • Tax assessed value: $357,594
      • Annual tax amount: $2,370
      • Date on market: 6/29/2026
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        $551,400

        $524,000 - $579,000

        $2,831/mo

        Price history

        DateEventPrice
        7/2/2026Listed for sale$587,500-9.5%$275/sqft
        Source: New Mexico MLS #20263901 Report a problem
        4/20/2026Listing removed$649,000$304/sqft
        Source: RLCMLS #132343 Report a problem
        1/22/2026Price change$649,000-7.2%$304/sqft
        Source: RLCMLS #132343 Report a problem
        8/1/2025Price change$699,000-6.2%$327/sqft
        Source: RLCMLS #132343 Report a problem
        5/12/2025Price change$745,000-5.1%$349/sqft
        Source: RLCMLS #132343 Report a problem
        4/6/2025Listed for sale$785,000+124.3%$368/sqft
        Source: RLCMLS #132343 Report a problem
        8/26/2020Sold--
        Source: RLCMLS #124732 Report a problem
        6/25/2020Price change$350,000-5.4%$164/sqft
        Source: Pinnacle Real Estate & Dev #124732 Report a problem
        4/30/2020Listed for sale$370,000+7.2%$173/sqft
        Source: Pinnacle Real Estate & Dev #124732 Report a problem
        2/1/2019Listing removed$345,000$162/sqft
        Source: CENTURY 21 Aspen Real Estate #122531 Report a problem
        11/2/2018Listed for sale$345,000$162/sqft
        Source: CENTURY 21 Aspen Real Estate #122531 Report a problem
        12/18/2014Sold--
        Source: RLCMLS #115577 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,370 +6.1%$119,198 +3%
        2024$2,235 +10.2%$115,726 +3%
        2023$2,028 -0.7%$112,356 +3%
        2022$2,042 +3.4%$109,084 +3%
        2021$1,974 +45.3%$105,907 +3%
        2020$1,359 +2.3%$102,822 +32.2%
        2019$1,328 +77.6%$77,777 +76.9%
        2018$748 +7%$43,957 +3%
        2017$699 $42,672 +3%
        2015$699 $41,434
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 88312

        Getting around

        8 / 100
        Car-Dependent
        3 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: None/Other
        • Middle: None/Other
        • High: None/Other

        Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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