Discover the charm and uniqueness of this exceptional 4-bedroom, 2-bathroom home nestled in the heart of La Luz, NM! Spanning an impressive 3,823 square feet and set on a lush 1.23-acre lot, this one-of-a-kind property offers space, beauty, and comfort both inside and out. Enjoy breathtaking surrounding views and a peaceful lifestyle enhanced by water rights, landscaping, and a variety of trees—including fruit trees—that make the yard feel like your own private oasis. The gorgeous, grassy lot is perfect for relaxing or entertaining on the spacious covered back patio, while two storage sheds provide plenty of extra space for tools and toys. Whether you're seeking tranquility, room to grow, or a touch of New Mexico magic, this extraordinary home truly has it all!
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Price Unknown
15 Water St, La Luz, NM 88337
4beds
2baths
3,823sqft
Single Family Residence
Built in 1967
1.23 Acres Lot
$383,000 Zestimate®
$--/sqft
$2,693 Estimated rent
Home value
$383,000
$310,000 - $475,000
$2,693/mo
Zestimate® history
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List your homeWhat's special
Private oasisSpacious covered back patioBreathtaking surrounding viewsFruit treesVariety of treesGrassy lot
Zillow last checked:
Listing updated:
Listed by:
Kaycee Mason,
Better Homes & Gardens Real Estate- Steinborn & Associates (Alamogordo) 575-415-3477
Bought with:
Annie Daniels
Future Real Estate
Source: OCMLS,MLS#: 171077
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Rooms
- Room types: Atrium
Heating
- Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Freezer, Refrigerator, Gas Range/Oven, Gas Water Heater
Features
- Solid Surface Countertops, Ceiling Fan(s)
- Flooring: Partial Carpet
- Windows: Partial Window Coverings, Skylight(s)
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 3,823
- Total interior livable area: 3,823 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Detached Carport, No Garage, RV Access/Parking
- Carport spaces: 2
Features
- Levels: Two,Multi/Split
- Stories: 2
- Patio & porch: Covered
- Fencing: Block
Lot
- Size: 1.23 Acres
- Dimensions: 1.23 ACRES
- Features: Grass Front, Grass Rear, Wooded, Fruit Trees, Garden, 1.01-2.5 Acre
Details
- Additional structures: Shed(s), Workshop With Power
- Parcel number: R028876
- Zoning description: Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Slump Block, Wood
- Foundation: Permanent
- Roof: Shingle
Condition
- Year built: 1967
Utilities & green energy
- Electric: Public
- Sewer: Septic Tank
- Water: Public
Green energy
- Energy generation: Solar
Community & HOA
Community
- Subdivision: La Luz
Location
- Region: La Luz
Financial & listing details
- Tax assessed value: $176,467
- Annual tax amount: $1,103
- Date on market: 6/1/2025
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Sold | -- |
Source:  OCMLS #171077 Report a problem | ||
| 6/15/2025 | Contingent | $385,000$101/sqft |
Source: OCMLS #171077 Report a problem | ||
| 6/1/2025 | Listed for sale | $385,000$101/sqft |
Source: OCMLS #171077 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,103 +1.8% | $58,822 +1.4% |
| 2024 | $1,083 +13.3% | $58,035 +3% |
| 2023 | $956 +2.9% | $56,360 +3% |
| 2022 | $928 -2.4% | $54,735 +0.6% |
| 2021 | $951 +0.2% | $54,411 |
| 2020 | $949 +2.1% | $54,411 +2% |
| 2019 | $930 +2.8% | $53,344 +1% |
| 2018 | $904 +10.9% | $52,817 +2% |
| 2017 | $815 +3.3% | $51,780 +2% |
| 2016 | $789 | $50,765 +2% |
| 2015 | -- | $49,770 |
Find assessor info on the county website
Neighborhood: 88337
Nearby homes
- $316,3003 bd1 ba1.9k sqft17 Water St, Cloudcroft, NM 88337Off Market
- $173,5002 bd1 ba974 sqft13 Water St, La Luz, NM 88337Off Market
- $324,9006 bd4 ba3k sqft19 Water St, La Luz, NM 88337Off Market
- $251,4004 bd2 ba2.2k sqft11 Water St, La Luz, NM 88337Off Market
- $205,0003 bd1 ba1.3k sqft9 Water St, La Luz, NM 88337Off Market
- $179,2003 bd1 ba1.1k sqft20 Main St, La Luz, NM 88337Off Market
- $29,720-- bd-- ba448 sqft24 Main St, La Luz, NM 88337Off Market
- $280,6003 bd2 ba1.6k sqft21 Pear St, La Luz, NM 88337Off Market
Nearby schools
GreatSchools rating
- 6/10La Luz Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Chaparral Middle SchoolGrades: 6-8Distance: 5.1 mi
- 7/10Alamogordo High SchoolGrades: 9-12Distance: 6 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$383,000
2% more
+$7,660
With Zillow Showcase(estimated)
$390,660
- New Mexico
- Otero County
- La Luz
- 88337
- 15 Water St
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