For sale

$410,000

48 Waterfall Dr, Cloudcroft, NM 88317

4beds

1baths

1,728sqft

$2,490/mo

Get pre-qualified

Single Family Residence

Built in 1970

1.22 Acres Lot

$384,800 Zestimate^®

$237/sqft

$-- HOA

What's special

Mid-century modern feelLarge laundry roomLarge outside deck

In the sought after subdivision of Waterfall in Cloudcroft sits a well maintained 3/4 bedroom 1 1/2 baths home on 1.22 acres. Enjoy the mountain views thru the wall of windows in the living room or on the large outside deck where you can watch the wild life prance through. Inside has a mid-century modern feel to it. The main level has an open concept living, dining and kitchen in addition to a bathroom and bedroom and a large laundry room. Upstairs has 2 bedrooms, bath and a loft. The basement is finished and can be another living area or bedroom. The lot backs up to the Lincoln National Forest and there is easy access on the corner of Waterfall Dr.

88 days
307
12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1.5

Rooms

Room types: Loft

Heating

Electric Wall Heat, Wood

Appliances

Included: Dryer, Microwave, Refrigerator, Electric Range/Oven, Washer

Features

Vaulted Ceiling(s), Ceiling Fan(s)
Flooring: Partial Carpet
Windows: Partial Window Coverings
Basement: Finished

Interior area

Total structure area: 1,728
Total interior livable area: 1,728 sqft

Property

Parking

Parking features: No Carport, No Garage

Features

Patio & porch: Deck, Deck Covered

Lot

Size: 1.22 Acres
Features: Wooded, 1.01-2.5 Acre

Details

Parcel number: R040476
Zoning description: Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding, Wood
Foundation: Permanent, Crawl Space
Roof: Metal

Condition

Year built: 1970

Utilities & green energy

Electric: Public
Sewer: Septic Tank
Water: Association

Community & HOA

Location

Region: Cloudcroft

Financial & listing details

Price per square foot: $237/sqft
Tax assessed value: $217,730
Annual tax amount: $1,126
Price range: $410K - $410K
Date on market: 6/1/2026
Listing terms: VA Loan,Conventional,FHA,Cash

Estimated market value

$384,800

$366,000 - $404,000

$1,999/mo

Price history

Date	Event	Price
6/1/2026	Listed for sale	$410,000+64%$237/sqft
Source: OCMLS #172692 Report a problem
5/5/2021	Listing removed	--
Source: OCMLS Report a problem
3/20/2021	Pending sale	$250,000$145/sqft
Source: OCMLS #164258 Report a problem
3/20/2021	Listed for sale	$250,000+42.9%$145/sqft
Source: OCMLS #164258 Report a problem
10/21/2018	Listing removed	$174,900$101/sqft
Source: Aspen Trails Realty #159197 Report a problem
9/8/2018	Pending sale	$174,900$101/sqft
Source: Aspen Trails Realty #159197 Report a problem
9/5/2018	Sold	--
Source: Agent Provided Report a problem
8/11/2018	Listed for sale	$174,900$101/sqft
Source: Aspen Trails Realty #159197 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,126 +2.9%	$72,577 +3%
2024	$1,094 +1.2%	$70,463 +3%
2023	$1,082 +2.5%	$68,411 +3%
2022	$1,055 +27.9%	$66,419 +30.2%
2021	$825 -0.2%	$51,000
2020	$827 +1.7%	$51,000 +2%
2019	$813 +107.1%	$49,999 +107%
2018	$393 +2.7%	$24,159 +2%
2017	$382 +1.4%	$23,685 +2%
2016	$377	$23,220 +2%
2015	--	$22,764