For sale

Price cut: $20K (6/8)

$449,000

1086 State Highway 48, Alto, NM 88312

3beds

2,320sqft

$2,694/mo

Get pre-qualified

Single Family Residence

Built in 1982

0.78 Acres Lot

$354,900 Zestimate^®

$194/sqft

$-- HOA

What's special

Authentic mountain log cabinTwo car garageLarge enclosed showroom area

Authentic mountain log cabin set on approx. 3/4 acre with a rare blend of privacy, usability, and flexibility. Ideal for those seeking a live/work lifestyle, this property offers outdoor space for projects, equipment storage, or creative pursuits. A large enclosed showroom area in front is amenable to exhibit art or business. The bottom floor has two bedrooms and full kitchen, bathroom and a separate laundry room with bonus area.A two car garage provides ample room for vehicles or a workshop. The upstairs is a one bedroom apartment, a wooden jewel box, with another full kitchen with appliances and a full bath. Free Home Warranty of Buyer's choice.

111 days

151

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Forced Air

Cooling

Ceiling Fan(s)

Appliances

Included: Gas Range, Refrigerator

Features

Ceiling Fan(s), In-Law Floorplan
Flooring: Laminate, Tile, Wood
Number of fireplaces: 1
Fireplace features: Gas Log

Interior area

Total interior livable area: 2,320 sqft

Video & virtual tour

Property

Parking

Total spaces: 2
Parking features: Attached, Circular Driveway, Garage, RV Access/Parking
Has attached garage: Yes
Carport spaces: 2
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Other
Has view: Yes
View description: Mountain(s), Trees/Woods

Lot

Size: 0.78 Acres
Features: Level, Rectangular Lot, Views, Wooded

Details

Parcel number: 4072058148461000000
Zoning: Rural
Special conditions: Standard
Other equipment: None
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Cabin,Log Home,Mountain
Property subtype: Single Family Residence

Materials

Log, Log Siding, Wood Siding
Roof: Metal,Pitched

Condition

Other,See Remarks
Year built: 1982

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

Community & HOA

Community

Subdivision: Alto North

Location

Region: Alto

Financial & listing details

Price per square foot: $194/sqft
Tax assessed value: $242,652
Annual tax amount: $2,874
Date on market: 5/7/2026
Cumulative days on market: 113 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Electric utility on property: Yes
Road surface type: Asphalt, Paved

Estimated market value

$354,900

$305,000 - $405,000

$2,440/mo

Price history

Date	Event	Price
6/8/2026	Price change	$449,000-4.3%$194/sqft
Source: RLCMLS #134049 Report a problem
6/8/2026	Price change	$469,000-10.6%$202/sqft
Source: RLCMLS #134050 Report a problem
5/8/2026	Price change	$524,900+5.2%$226/sqft
Source: RLCMLS #134050 Report a problem
5/8/2026	Listed for sale	$499,000-20.2%$215/sqft
Source: RLCMLS #134049 Report a problem
4/3/2026	Listing removed	$625,000$269/sqft
Source: RLCMLS #133372 Report a problem
11/26/2025	Listed for sale	$625,000$269/sqft
Source: RLCMLS #133372 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,397 +4.2%	$80,884 +3%
2024	$1,342 +17.3%	$78,529 +3%
2023	$1,144 +1%	$76,242 +3%
2022	$1,133 +5.3%	$74,021 +3%
2021	$1,076 -9.9%	$71,865 +3%
2020	$1,195 +2.3%	$69,772 +2%
2019	$1,168 +3.4%	$68,404 +3%
2018	$1,130 +7%	$66,412 +3%
2017	$1,056	$64,472 0%
2015	$1,056 -0.3%	$64,478 +3%
2014	$1,059 +10.6%	$62,600 +11.4%
2013	$957 +14.5%	$56,207 +3%
2012	$836 +5%	$54,570 +6.1%
2010	$797	$51,433