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.
For sale
Price cut: $16K (7/26)
$799,000
39 Rio Arriba Way, Angel Fire, NM 87710
3beds
2,655sqft
Single Family Residence
Built in 1999
0.85 Acres Lot
$761,800 Zestimate®
$301/sqft
$-- HOA
What's special
Cozy wood-burning fireplaceSweeping mountain viewsSerene pine tree viewsTwo spacious bedroomsExpansive primary suiteNatural lightSoaring vaulted ceilings
- 142 days
- 183
- 16
Zillow last checked:
Listing updated:
Listed by:
Annie Jo Lindsey 505-204-6716,
Lindsey Land & Home, LLC 505-204-6716
Source: Enchanted Circle,MLS#: 114868
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
$761,800
$724,000 - $800,000
$2,738/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2026 | Price change | $799,000-2%$301/sqft |
Source: | ||
| 4/24/2026 | Listed for sale | $815,000+30.4%$307/sqft |
Source: | ||
| 11/3/2021 | Listing removed | -- |
Source: | ||
| 9/24/2021 | Pending sale | $625,000$235/sqft |
Source: | ||
| 9/22/2021 | Listed for sale | $625,000$235/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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




