Custom built mountain cabin with stunning mountain and valley views. Two lots with 3 acres total and adjacent National Forest. Plenty of privacy for you to enjoy nature while soaking in the hot tub or relaxing in the dry sauna after a day of exploring or reflecting on either the front or back decks. Horse corral and shed are ready for your horse. Sliding glass walls allows you to let the soft evening breeze in while relaxing in the living area sipping on your favorite drink from the bar close by while being warmed by the fireplace on a cool autumn evening. Soft close custom cabinetry and cultured raw edge stone countertops throughout the kitchen and bar. This one of a kind vacation refuge also does well as an investment property.
Sold
Price Unknown
428 Monjeau Lookout Rd, Alto, NM 88312
2beds
1,480sqft
Single Family Residence
Built in 2018
3 Acres Lot
$498,600 Zestimate®
$--/sqft
$2,409 Estimated rent
Home value
$498,600
$469,000 - $534,000
$2,409/mo
Zestimate® history
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List your homeWhat's special
Custom built mountain cabinHorse corralSoft close custom cabinetryValley viewsDry sauna
Zillow last checked:
Listing updated:
Listed by:
Jennifer D. Reed 614-746-0954,
Coldwell Banker SDC
Bought with:
Robert Duncan, REC-2022-0191
Ruidoso Investment Property
Source: RLCMLS,MLS#: 129530
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Originating MLS: Ruidoso Lincoln County Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room, Sauna
Heating
- Forced Air, Fireplace(s), Propane, Wood
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Bar Fridge, Dishwasher, Disposal, Gas Water Heater, Refrigerator, Water Softener Owned
Features
- Flooring: Carpet, Laminate
- Number of fireplaces: 1
- Fireplace features: Propane, Wood Burning
- Furnished: Yes
Interior area
- Total interior livable area: 1,480 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Garage, Garage Door Opener, Gravel
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch, Covered, Deck
- Exterior features: None
- Fencing: Other
- Has view: Yes
- View description: Mountain(s), Valley
- Waterfront features: None
Lot
- Size: 3 Acres
- Features: Borders National Forest, Sloped Up
Details
- Additional structures: Corral(s), Shed(s)
- Parcel number: 4069058016391000000
- Zoning: R1
- Other equipment: None
- Horse amenities: Corral(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Mountain
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Metal
Condition
- Other
- Year built: 2018
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Propane, Water Connected
Community & HOA
Community
- Security: Security System Leased
- Subdivision: Monjeau Estates
HOA
- Amenities included: None
Location
- Region: Alto
Financial & listing details
- Tax assessed value: $471,132
- Annual tax amount: $2,424
- Date on market: 5/12/2023
- Cumulative days on market: 110 days
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2023 | Sold | -- |
Source:  RLCMLS #129530 Report a problem | ||
| 8/30/2023 | Contingent | $475,000$321/sqft |
Source: RLCMLS #129530 Report a problem | ||
| 5/13/2023 | Listed for sale | $475,000$321/sqft |
Source: RLCMLS #129530 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,123 +6.1% | $157,044 +3% |
| 2024 | $2,944 +62.7% | $152,470 +26.4% |
| 2023 | $1,810 +34% | $120,600 +67.1% |
| 2022 | $1,351 +28.7% | $72,170 +3% |
| 2021 | $1,050 -12.5% | $70,067 |
| 2020 | $1,200 +0.3% | $70,067 |
| 2019 | $1,196 +1176% | $70,067 +1447.8% |
| 2018 | $94 +2.2% | $4,527 |
| 2017 | $92 | $4,527 |
| 2015 | $92 +4.7% | $4,527 |
| 2014 | $88 -88.8% | $4,527 -91.1% |
| 2012 | $783 | $51,055 |
Find assessor info on the county website
Neighborhood: 88312
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Nearby schools
GreatSchools rating
- 7/10Capitan Elementary SchoolGrades: PK-5Distance: 11.8 mi
- 6/10Capitan Middle SchoolGrades: 6-8Distance: 11.8 mi
- 9/10Capitan High SchoolGrades: 9-12Distance: 11.8 mi
- New Mexico
- Lincoln County
- Alto
- 88312
- 428 Monjeau Lookout Rd
