Nestled amid the majestic Sacramento Mountains, this architectural gem offers breathtaking panoramic vistas, abundant wildlife, and unparalleled stargazing opportunities. Designed for both comfort and discovery, the residence seamlessly blends luxury living with a passion for astronomy, featuring an integrated observatory, with roll-off roof perfect for celestial enthusiasts and professionals alike. Tranquility, privacy, and dark skies are hallmarks of this unique property, making it a true retreat for those seeking inspiration in nature and the cosmos. The exterior of the house is constructed with fire resistant cement board and the decks are constructed with Trex composite decking material. There is also a large detached garage with power! This home started as a little cabin. The main part of the house was added on in 2015. Come experience it for yourself!
For sale
Price cut: $10K (6/27)
$819,000
48 Milky Way, Mayhill, NM 88339
3beds
3baths
2,716sqft
Single Family Residence
Built in 2005
1.31 Acres Lot
$790,000 Zestimate®
$302/sqft
$-- HOA
What's special
Majestic sacramento mountainsIntegrated observatoryAbundant wildlifeLarge detached garageRoll-off roofTrex composite decking materialFire resistant cement board
- 257 days |
- 97 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Megan Corvin,
Future Real Estate 575-415-4039
Source: OCMLS,MLS#: 171759
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Bathroom
- Features: Tub
Heating
- Propane
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Free-Standing Range/Oven
Features
- Vaulted Ceiling(s), Walk-In Closet(s), Ceiling Fan(s)
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 2,716
- Total interior livable area: 2,716 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Carport, 2 Car Attached Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Patio & porch: Covered, Deck Covered, Porch Covered
Lot
- Size: 1.31 Acres
- Features: Wooded, 1.01-2.5 Acre
Details
- Additional structures: Shed(s), Workshop With Power
- Parcel number: R050623
- Zoning description: Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other, Wood
- Roof: Metal
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well
Community & HOA
Community
- Subdivision: Stars End Estates
Location
- Region: Mayhill
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $341,193
- Annual tax amount: $1,776
- Price range: $819K - $819K
- Date on market: 10/21/2025
- Listing terms: VA Loan,Conventional,FHA,Cash
Estimated market value
$790,000
$751,000 - $830,000
$2,851/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Price change | $819,000-1.2%$302/sqft |
Source:  OCMLS #171759 Report a problem | ||
| 10/21/2025 | Listed for sale | $829,000$305/sqft |
Source: OCMLS #171759 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,776 +2.9% | $113,731 +2.9% |
| 2024 | $1,727 +1.1% | $110,479 +2.9% |
| 2023 | $1,708 +2.5% | $107,321 +2.9% |
| 2022 | $1,667 +2.5% | $104,256 +2.9% |
| 2021 | $1,625 -0.2% | $101,320 |
| 2020 | $1,629 +1.7% | $101,320 +2% |
| 2019 | $1,602 +55.5% | $99,334 +52.1% |
| 2018 | $1,030 +2.7% | $65,308 +2% |
| 2017 | $1,003 +1.3% | $64,027 +2% |
| 2016 | $990 | $62,772 +2% |
| 2015 | -- | $61,540 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: 88339
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10Cloudcroft Elementary SchoolGrades: PK-5Distance: 12.8 mi
- 5/10Cloudcroft Middle SchoolGrades: 6-8Distance: 12.8 mi
- 6/10Cloudcroft High SchoolGrades: 9-12Distance: 13 mi
Schools provided by the listing agent
- Elementary: Cloudcroft
- High: Cloudcroft
Source: OCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Otero County
- Mayhill
- 88339
- 48 Milky Way
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