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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 direct views of Alto Lake, Titan solar system, Tesla battery backup system and Easy access to Alto Lake fitness trail and recreatin 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.
directions icon Map directions

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.