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For sale
  • Price cut: $76K (7/28)
    $349,000

    3275 Highway 518, Cleveland, NM 87715

    2beds
    1,073sqft
    : 
    $2,098/mo
    Get pre-qualified
    Single Family Residence
    Built in ----
    0.94 Acres Lot
    $332,100 Zestimate®
    $325/sqft
    $-- HOA

    What's special

    Historic log structuresEquipment barnLarge two-car garageRaised garden bedsFresh interior paintFully remodeled bathroomsReplacement insulation
    Mountain Homestead Retreat on Encinal Creek nestled on approximately 0.9 acres in beautiful Cleveland, New Mexico. This exceptional mountain property offers the perfect balance of modern comfort, self-sufficiency, and rustic charm. Surrounded by mature evergreen, aspen, willow, and wild plum trees, and framed by the breathtaking Sangre de Cristo Mountains, this peaceful retreat enjoys easy access from Highway 518 while offering the privacy and serenity of mountain living. Backing directly to Encinal Creek, the property features a fully remodeled 2-bedroom, 2-bathroom home thoughtfully updated to preserve its character while incorporating modern conveniences. Since 2021, extensive improvements have transformed the home, including raised tongue-and-groove ceilings, custom counter tops and kitchen cabinets, luxury vinyl flooring, reconfigured interior walls, custom pine sliding doors and trim, new windows and sliding glass door, fully remodeled bathrooms, updated electrical and plumbing systems, replacement insulation, updated heating, fresh interior paint, and stylish new light fixtures throughout. Designed for comfort and healthy living, the home also includes a three-stage reverse osmosis system for premium drinking and cooking water, a heat exchanger fresh-air system, new appliances, an owned propane tank, and both a private well and access to a community water system. Cell service is readily availbel in the area, and the home is wired with high speed fiber optic internet. Outside, the property has been carefully developed for gardening, homesteading, and outdoor enjoyment. The entire parcel is enclosed with chain-link fencing and includes a large two-car garage, attached lean-to cold frame greenhouse, raised garden beds, equipment barn, and two historic log structures filled with potential. The original one-room log homestead, already wired for electricity, would make an ideal workshop, art studio, or hobby space with restoration. An old log barn offers the perfect opportunity for a chicken coop or small livestock shelter. The grounds are a true gardener's paradise, featuring drip irrigation system and a diverse collection of mature trees, shrubs, and flowering perennials, including lilacs, apricot, peach, apple, pear and cherry trees, currant and blackberry bushes, crabapple trees, junipers, arbor vitae, climbing roses, peonies, daylilies, and bellflowers. Adding to the property's unique appeal is a peaceful labyrinth and medicine wheel, creating a special space for meditation, reflection, and connection with nature. Additional improvements include updates to the septic and well systems, relocation of the driveway, gravel improvements, and treatment of the historic log structures with linseed oil to preserve their beauty and integrity. Whether you're seeking a full-time residence, mountain getaway, hobby farm, artist's retreat, or self-sufficient homestead, this one-of-a-kind property offers a rare opportunity to enjoy one of Northern New Mexico's most scenic mountain valleys. Here, modern conveniences blend seamlessly with historic character, abundant gardens, and the timeless beauty.
    76 days
    300
    25

    Zillow last checked:

    Listing updated:

    Listed by:

    Lena Atencio 505-652-9128,

    Michael Gregory, Jr R. E. 505-425-8611

    Source: New Mexico MLS,MLS#: 20263613MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric, Propane, Wood Stove
      Features
      • Attic, Ceiling Fan(s), Pantry
      • Flooring: Vinyl
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,073
      • Total interior livable area: 1,073 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Open
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Patio Covered
      • Exterior features: Drip Irrigation, Irrigation, Rain Gutters
      • Fencing: Chain Link,Cross Fenced
      Lot
      • Size: 0.94 Acres
      • Topography: Chain Link, Cross Fenced
      Details
      • Additional structures: Workshop
      • Parcel number: 1086121159032

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Northern New Mexico
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Roof: Metal

      Utilities & green energy

      • Water: Private
      • Utilities for property: Electricity Connected, Propane

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $325/sqft
      • Annual tax amount: $591
      • Date on market: 6/17/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: Dishwasher, Free-Standing Range, Range Hood, Refrigerator, RO System, Tankless Water Heater, Irrigation Equipment
      • Electric utility on property: Yes

        Estimated market value

        $332,100

        $315,000 - $349,000

        $1,491/mo

        Price history

        DateEventPrice
        7/28/2026Price change$349,000-17.9%$325/sqft
        Source: New Mexico MLS #20263613 Report a problem
        6/19/2026Listed for sale$425,000$396/sqft
        Source: New Mexico MLS #20263613 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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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.
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        Climate risks

        Neighborhood: 87715

        Getting around

        1 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating