For sale

Price cut: $20K (6/8)

$449,000

1086 State Highway 48, Alto, NM 88312

3beds

2,320sqft

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Single Family Residence

Built in 1982

0.78 Acres Lot

$423,400 Zestimate^®

$194/sqft

$-- HOA

What's special

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 ample outdoor space for projects, equipment storage, or creative pursuits. The lot features three access points, abundant parking, and easy turnaround for larger vehicles, trailers, or recreational toys. Level areas provide room for hobbies such as gardening with additional space for future building. Adjoining acreage may also be available, expanding potential even further. Located in a peaceful, inspiring community setting with room to grow and create. Includes a complimentary one-year home warranty for the buyer.

65 days

162

6

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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

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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: 68 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Electric utility on property: Yes
Road surface type: Asphalt, Paved

Estimated market value

$423,400

$402,000 - $445,000

$2,960/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

Find assessor info on the county website

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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.

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