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.
For sale
$410,000
48 Waterfall Dr, Cloudcroft, NM 88317
4beds
1baths
1,728sqft
Single Family Residence
Built in 1970
1.22 Acres Lot
$393,400 Zestimate®
$237/sqft
$-- HOA
What's special
Mid-century modern feelLarge laundry roomLarge outside deck
- 39 days |
- 296 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Christine Barry 575-921-1577,
Aspen Trails Realty 575-682-7778
Source: OCMLS,MLS#: 172692
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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
Zestimate®
$393,400
Estimated sales range
$374,000 - $413,000
Rent Zestimate®
$2,160/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Listed for sale | $410,000+64%$237/sqft |
Source: | ||
| 5/5/2021 | Listing removed | -- |
Source: | ||
| 3/20/2021 | Pending sale | $250,000$145/sqft |
Source: | ||
| 3/20/2021 | Listed for sale | $250,000+42.9%$145/sqft |
Source: | ||
| 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 | -- | $22,764 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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: 88317
Getting around
Nearby schools
GreatSchools rating
- 7/10Cloudcroft Elementary SchoolGrades: PK-5Distance: 4.5 mi
- 5/10Cloudcroft Middle SchoolGrades: 6-8Distance: 4.5 mi
- 6/10Cloudcroft High SchoolGrades: 9-12Distance: 4.6 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.
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- New Mexico
- Otero County
- Cloudcroft
- 88317
- 48 Waterfall Dr