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$479,000   Price Analysis
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201 Lake Shore Dr
Alto, NM 88312
5 bed 3 bath 3,100 SqFt ($154/SqFt)
0.51 acre lot. Built 1976
Listed 2024-05-25, Taxes $1,476
Ⓧ Possibly USDA Ineligible
due to property condition

near Alto

The Fixer Upper you have been looking for - Directly across from Alto Lake.

3-bed 2-bath main house + 2-bed 1-bath guest quarters + 3 car garage. Big potential for rental income. Property Features d irect views of Alto Lake, Titan solar system, Tesla battery backup system and Easy access t Alto Lake fitness trail and recreation area.

Full Golf Membership.


Presented by Matthew Ingram at
CENTURY 21 Aspen Real Estate.


Property MLS #131087 from Ruidoso

Bedrooms: 5

Total Bathrooms: 3.00
Full Bathrooms: 3

Ceiling Fan(s)
Electric Dryer Hookup
Open Floorplan
Washer Hookup
Furnished Description: Unfurnished
Flooring: Carpet, Linoleum

Dishwasher
Disposal
Electric Cooktop
Electric Oven
Range Hood
Refrigerator

Living Room, Loft, Master Bedroom 1st Floor

Cooling Features: Ceiling Fan(s), Multi Units
Fireplace Features: Gas Log, Wood Burning
Heating Features: Active Solar, Baseboard, Electric, Fireplace(s)
Number of Fireplaces: 2

Balcony
Storage
Other Structures: Guest House, Storage
Patio And Porch Features: Covered, Front Porch
Road Frontage Type: County Road
Road Surface Type: Asphalt

Lake

Carport Spaces: 3
Garage Spaces: 3
Garage Description: Concrete, Garage

Lot Description: Adjacent Public Lands, Interior Lot, Views, Wooded
Lot Size Acres: 0.51
Lot Size Dimensions: 204x144x201x141
Lot Size Square Feet: 22216

View: Forest, Mountain(s)
Security Features: Fire Alarm

Clubhouse
Golf Course
Pool
Storage

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 2496.00
Source Listing Status: Active
County: Lincoln
Tax Year: 2024
Source Property Type: Residential
Area: Alto Lakes G&CC/Kokopelli
Source Neighborhood: Sierra Blanca
Subdivision: Sierra Blanca
Zoning: R1
Property Features: See Restrictive Covenants
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$77,162 + $19,315
$96,477
$1,476
2021$77,162 + $19,315
$96,477
$1,445
2020$77,162 + $19,315
$96,477
$1,652
2019$77,162 + $19,315
$96,477
$1,646
2018$77,162 + $19,315
$96,477
$1,641
2017$69,665 + $19,315
$88,980
$1,457
2016$39,705 + $19,315
$59,020
$989
2015$119,115 + $57,945
$177,060
$1,001
2014$119,115 + $57,945
$177,060
$1,034
2013$115,647 + $57,132
$172,779
$1,009
2012$112,278 + $56,343
$168,621
$903
2011$105,822 + $54,828
$160,650
$870
2009$99,738 + $30,900
$130,638
$817
2004$94,752 + $30,900
$125,652
$612

Price Changed 2024-06-11
$479,000
Ruidoso
Price Changed 2024-06-05
$499,000
Ruidoso
Listed 2024-05-25
$525,000
Ruidoso

Total Square Feet Living: 3100
Year Built: 1976
Construction Materials: Wood Siding
Levels: Two
Living Area Source: Owner
Property Age: 48
Property Condition: Fixer
Roof: Metal, Pitched
House Style: Mountain

Sewer: Septic Tank
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Water Connected
Water Source: Public

Capitan High School is a public high school located approximately 11.5 miles away.
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Capitan Elementary School is a public elementary school located approximately 11.5 miles away.
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Capitan Middle School is a public middle school located approximately 11.6 miles away.
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Sierra Blanca Christian Academy is a private elementary school located approximately 4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.