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For sale
  • Price cut: $16K (7/26)
    $799,000

    39 Rio Arriba Way, Angel Fire, NM 87710

    3beds
    2,655sqft
    : 
    $4,908/mo
    Get pre-qualified
    Single Family Residence
    Built in 1999
    0.85 Acres Lot
    $774,100 Zestimate®
    $301/sqft
    $-- HOA

    What's special

    Cozy wood-burning fireplaceSweeping mountain viewsSerene pine tree viewsTwo spacious bedroomsExpansive primary suiteNatural lightSoaring vaulted ceilings
    Tucked into the scenic beauty of Angel Fire, 39 Rio Arriba offers the perfect blend of mountain charm, comfort, and income potential. Whether you’re dreaming of a private alpine retreat or searching for a proven vacation rental investment, this home delivers on every level. Step inside to soaring vaulted ceilings and an open-concept living, dining, and kitchen area designed for gathering and relaxation. A dramatic wall of picture windows frames sweeping mountain views and fills the space with natural light, while a cozy wood-burning fireplace creates the perfect après-ski ambiance. The main level features two spacious bedrooms connected by a shared bath, ideal for guests or family. Upstairs, the expansive primary suite feels like a true sanctuary, complete with a sitting area, three closets, and a luxurious en-suite bath featuring a jacuzzi tub. Every window showcases serene pine tree views, bringing the outdoors in and offering a peaceful escape year-round. A versatile bonus room with a half bath adds flexibility—perfect for a game room, office, or additional guest space. With 3 bedrooms plus this bonus area and 2.5 bathrooms total, the home comfortably accommodates larger groups, making it especially appealing for short-term rentals. And speaking of investment, this property has a strong track record as a successful vacation rental. Offered mostly furnished (with just a few exclusions), it’s turnkey and ready to start generating income from day one—or ready for you to enjoy immediately as your own mountain getaway. Located near Angel Fire Resort, you’ll have access to year-round recreation that draws visitors in every season. Winter brings skiing, snowboarding, and tubing, while summer offers championship golf, mountain biking, hiking, ziplining, and fishing. The resort’s vibrant community, events, and amenities make it a highly desirable destination for vacationers and second-home owners alike. 39 Rio Arriba isn’t just a home—it’s an opportunity to own a slice of the mountains while making a smart investment in one of northern New Mexico’s most beloved resort communities.
    95 days
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    321
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    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Annie Jo Lindsey 505-204-6716,

    Lindsey Land & Home, LLC 505-204-6716

    Source: Enchanted Circle,MLS#: 114868MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Forced Air
      Appliances
      • Included: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
      Features
      • Flooring: Carpet, Wood
      • Number of fireplaces: 1
      • Fireplace features: One, Living Room
      Interior area
      • Total structure area: 2,655
      • Total interior livable area: 2,655 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Garage
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Deck
      • Exterior features: Gravel Driveway
      • Waterfront features: None
      Lot
      • Size: 0.85 Acres
      • Residential vegetation: Wooded
      Details
      • Parcel number: 1087148061308
      • Zoning description: Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco, Wood Siding
      • Roof: Metal,Pitched
      Condition
      • Year built: 1999
      • Major remodel year: 2010

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Propane

      Community & HOA

      Community
      • Membership fee: $1,765 annually
      • Subdivision: Country Club 1
      Location
      • Region: Angel Fire

      Financial & listing details

      • Price per square foot: $301/sqft
      • Tax assessed value: $396,655
      • Annual tax amount: $4,094
      • Date on market: 4/24/2026
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        $774,100

        $735,000 - $813,000

        $2,589/mo

        Price history

        DateEventPrice
        7/26/2026Price change$799,000-2%$301/sqft
        Source: Enchanted Circle #114868 Report a problem
        4/24/2026Listed for sale$815,000+30.4%$307/sqft
        Source: Enchanted Circle #114868 Report a problem
        11/3/2021Listing removed--
        Source: Enchanted Circle #107798 Report a problem
        9/24/2021Pending sale$625,000$235/sqft
        Source: Enchanted Circle #107798 Report a problem
        9/22/2021Listed for sale$625,000$235/sqft
        Source: Enchanted Circle #107798 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,974 +4%$132,218 +3%
        2024$3,822 +2%$128,367 +3%
        2023$3,749 +3.5%$124,628 +3%
        2022$3,620 +4.5%$120,999 +3%
        2021$3,465 -2.6%$117,475 +3%
        2020$3,559 +5.8%$114,053 +3%
        2019$3,364 +11.6%$110,732 +3%
        2018$3,014 +10%$107,507 +3%
        2017$2,741 $104,376 -23.2%
        2015-- $135,852 +38.6%
        2013-- $98,036
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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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: 87710

        Getting around

        0 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

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