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For sale
  • Price cut: $20K (6/12)
    $475,000

    123 Pine Cone Ln, Alto, NM 88312

    4beds
    2,232sqft
    : 
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    Single Family Residence
    Built in 1975
    0.52 Acres Lot
    $-- Zestimate®
    $213/sqft
    $-- HOA

    What's special

    Surrounded by ponderosa pines
    MOTIVATED SELLER!!! Enough room for the entire family with this 4 Bedroom / 2 Bath, 2 Living Areas & a Game Room, This well cared for home in Alto Lakes Country Club is a MUST SEE, Everything you could ask for surrounded by ponderosa pines a true mountain get away! Offering great outdoor space with a large covered deck. Full Golf membership to Alto Lakes, Kokopelli & Outlaw. Amenities include access to 3 private golf courses, 3 restaurants, tennis & pickleball courts, Indoor & Outdoor swimming pools, Fishing pond & so much more. Schedule your showing today!
    218 days
    |
    206
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Deanna Miller 806-717-0308,

    Pinnacle Real Estate & Dev 575-336-7711

    Source: RLCMLS,MLS#: 133436MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bonus Room, Den, Dining Room, Family Room, Game Room, Living Room, Utility Room
      Heating
      • Central, Forced Air, Fireplace(s), Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Washer
      Features
      • Built-in Features, Ceiling Fan(s), Open Floorplan, Recessed Lighting, Sound System, Wired for Sound, Main Level Primary, Utility Room
      • Flooring: Carpet, Tile
      • Number of fireplaces: 2
      • Fireplace features: Gas Log, Raised Hearth, Wood Burning
      • Furnished: Yes
      Interior area
      • Total interior livable area: 2,232 sqft

      Property

      Parking
      • Parking features: Driveway, Gravel
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Front Porch, Balcony
      • Exterior features: Balcony, Storage
      • Pool features: Association
      • Has view: Yes
      • View description: Valley, Trees/Woods
      Lot
      • Size: 0.52 Acres
      • Features: Near Golf Course, Gentle Sloping, See Remarks, Views, Wooded
      Details
      • Parcel number: 4072060031222000000
      • Zoning: R1
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin,Mountain
      • Property subtype: Single Family Residence
      Materials
      • Frame, See Remarks, Stucco
      • Roof: Pitched,Shingle
      Condition
      • See Remarks
      • Year built: 1975

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Smoke Detector(s), See Remarks
      • Membership fee: $5,000 annually
      • Subdivision: Sierra Blanca
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fitness Center, Golf Course, Meeting Room, Other, Pool, Parking, Tennis Court(s)
      • Services included: Other
      Location
      • Region: Alto

      Financial & listing details

      • Price per square foot: $213/sqft
      • Tax assessed value: $354,915
      • Annual tax amount: $2,735
      • Date on market: 12/16/2025
      • Cumulative days on market: 190 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/12/2026Price change$475,000-4%$213/sqft
        Source: RLCMLS #133436 Report a problem
        5/22/2026Price change$495,000-5.7%$222/sqft
        Source: RLCMLS #133436 Report a problem
        5/18/2026Price change$525,000-4.4%$235/sqft
        Source: RLCMLS #133436 Report a problem
        3/2/2026Price change$549,000-8.3%$246/sqft
        Source: RLCMLS #133436 Report a problem
        12/16/2025Listed for sale$599,000$268/sqft
        Source: RLCMLS #133436 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,044 +1.7%$118,305 +0.6%
        2024$2,009 +17.3%$117,599 +3%
        2023$1,713 +1%$114,173 +3%
        2022$1,697 +5.3%$110,848 +3%
        2021$1,612 -9.9%$107,619 +3%
        2020$1,789 +2.3%$104,484 +2%
        2019$1,749 +3.4%$102,435 +3%
        2018$1,692 +7%$99,451 +3%
        2017$1,581 $96,545 0%
        2015$1,581 -3.2%$96,555
        2014$1,634 $96,555
        Find assessor info on the county website

        Monthly payment

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        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.
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        Climate risks

        Neighborhood: 88312

        Getting around

        5 / 100
        Car-Dependent
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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