$484,500 1041 Nm 48 Alto, NM

MLS: 123179   Type: Multi-Family   County: Lincoln   City: Alto   Area: Alto To Bonito River   Zip: 88312   Style: RV Park     Stories: 3   Taxes: $1,699

Mortgage $2,275 /mo



Half Baths

Sqr Footage









9 acres of Tall Pines in the mountains.Home, studio and workshop. 3 bedroom/3 bath. 6000sqft plus heated space. 1000sqft storage. 3 carports. The front has visibility and access with highway frontage.The back has privacy with the sounds of the tall pines.Good location for nightly rentals, cabins, RV park or home and business.Lots of space and acreage for the money. Can be turned into a multifamily complex or nightly rental operation with cabins and RV parking.

Elementary School

Middle School

High School

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Price History

4/19/2020 Listed $499,000
7/9/2021 2% - $489,500
12/31/2021 2% - $484,500

Appliances Dishwasher, Gas Range, Gas Water Heater, Refrigerator
Area Alto to Bonito River
Business Name N/A
Business Only No
Business Type Other, RV Park
Cooling Ceiling Fan(s)
Flooring Tile, Wood
Heating Fireplace(s), Hot Water, Radiant, Wood Stove
Levels Three Or More
Other Equipment None
Property SubType Commercial Improved
Property Type C
Road Frontage City/Public Street
Roof Metal, Pitched
Rooms Dining Room, Living Room, Master Bedroom 1st Floor, Utility Room, Workshop
Section 27
Subdivision/project Other
Township 10S
View Trees/Woods, Valley
Waste System Septic Tank
Zoning Rural

Interior Features

Approximate Heated SqFt 6000.00
Fireplace Free Standing
Fireplace(s) 2
Interior Features Appliances Only, Breakfast Bar, Storage
Range 13E

Exterior Features

# Of Garage Stalls 3.00
Car Storage Carport, Detached, On Site, RV Access/Parking
Carports 0.00
Finish/construction Frame
Lot -
Lot Description Interior Lot, Wooded
Patio And Porch Features Covered, Deck
Road Surface Gravel, Paved
Water Source Well

Property Schools

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Gallery (30 photos)

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Property vs Zip Code Avg (88312)

Price 484K Avg 1.29M

Sqr Feet 6,000 Avg 8,665

Cost / Sqr Ft $81 Avg $149

Taxes $1,699 Avg $936

Acres 9.22 Avg 7.54

Visits 57 Avg 31

Days on Site 1,010 Avg 542

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Listing Provided Courtesy Of: A Mountain Refuge (AMoR) Real Estate

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Location & Address

Pinnacle Real Estate & Development Inc.
931 State Highway 48
Alto, NM