Skip main navigation
For sale by owner
  • Price cut: $50K (6/21)
    $775,000

    392 Santiago Cir, Alto, NM 88312

    3beds
    2,100sqft
    : 
    $4,734/mo
    Get pre-qualified
    SingleFamily
    Built in 2017
    10 Acres Lot
    $-- Zestimate®
    $369/sqft
    $27/mo HOA

    What's special

    Efficient natural gas fireplaceMetal roofBrick veneered homeLarge primary bedroomCeiling fans throughoutWalk in showerBathroom with jetted tub
    FSBO. Lovely, one story, mountain home with 10 acres of waterfront property with all acreage bordering the Rio Bonito River in Unit 3 of Ranches of Sonterra in Alto, NM. Another 5 ac adjoining tract is available for a total of $850,000.00 for the house and 15 ac. Beautiful views of the Sierra Blanca and Capitan Mountains with cottonwood and and sycamore trees along the river. The home and shop building are 75 feet above the river, so there has never been any issues of flooding. Runoff from the burn scar area has never impacted the flow of the Rio Bonito. We haven’t had any issues with homeowners insurance. The home was built in 2017. The brick veneered home has a metal roof. The home is 2100 SF with 3 bedrooms and two bathrooms. Large primary bedroom, bathroom with jetted tub, walk in shower and 2 walk in closets. One of the bedrooms is currently used as an office/study. The living area is open to the kitchen and has an efficient natural gas fireplace. The kitchen has a built in microwave, dishwasher and gas stove. The laundry room is large and has lots of storage. Oversized attached garage has a finished room above which is used for storage, and is accessible by pull down stairs. It also has a 24' x 31' detached shop with two garage doors. Covered porches are made of trex planking on the front and back with a large deck overlooking the river below. Outdoor landscaping has a drip watering system. RV parking with 30/50 amp service, full hookups, and a dump station. The house has refrigerated air and forced gas heat, as well as ceiling fans throughout. Recently installed StarLink for internet service, Direct TV setup, water softener and R/O water system.
    What the owner loves about this home
    The serene, quiet area and the outstanding views! Lots of acreage to spread out on and all types of wildlife due to close vicinity to river.
    540 days
    |
    342
    |
    19
    |
    Listed by:

    Property Owner (575) 336-1724

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced air, Gas
      Cooling
      • Refrigerator, Central
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Carpet
      • Basement: None
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 2,100 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Garage - Attached
      Features
      • Exterior features: Brick
      • Has view: Yes
      • View description: Water, Mountain
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 10 Acres
      Details
      • Parcel number: 4075056170299000000

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2017

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $27 monthly
      Location
      • Region: Alto

      Financial & listing details

      • Price per square foot: $369/sqft
      • Tax assessed value: $471,045
      • Annual tax amount: $3,796
      • Date on market: 2/5/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,625/mo

        Price history

        DateEventPrice
        6/21/2026Price change$775,000-6.1%$369/sqft
        Source: Owner Report a problem
        4/18/2026Price change$825,000-2.9%$393/sqft
        Source: Owner Report a problem
        11/26/2025Price change$850,000-8.1%$405/sqft
        Source: Owner Report a problem
        6/22/2025Listed for sale$925,000$440/sqft
        Source: Owner Report a problem
        6/15/2025Listing removed--
        Source: Owner Report a problem
        2/5/2025Listed for sale$925,000$440/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,796 +3.7%$157,015 +2.5%
        2024$3,661 +2%$153,250 +2.4%
        2023$3,588 +0.3%$149,595 +2.4%
        2022$3,577 +1.1%$146,046
        2021$3,539 -0.3%$146,046
        2020$3,551 +5.7%$146,046
        2019$3,360 +0.5%$146,046
        2018$3,344 $146,046
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 88312

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes