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For sale
  • $995,000

    162 Midiron Rd, Alto, NM 88312

    6beds
    3,716sqft
    : 
    $5,975/mo
    Get pre-qualified
    Single Family Residence
    Built in 1996
    0.66 Acres Lot
    $925,500 Zestimate®
    $268/sqft
    $-- HOA

    What's special

    Open layoutSix bedroomsFive bathroomsWhole house humidifierWalk-out patio
    This beautifully maintained turn-key and fully furnished Santa Fe-style home very close to the most desirable amenities of Alto Country Club. This spacious residence offers six bedrooms and five bathrooms, providing ample space for family and guests. The main level features an open layout, a cozy living area, and a large deck overlooking the lush, tree-lined backyard. Downstairs, a versatile space includes a kitchenette, two bedrooms, a full bathroom, and a walk-out patio--perfect for guests or multi-generational living. This home also generates a fair amount of nightly rental revenue, making it an excellent option for those seeking a second home with income potential. This beautiful home also has a whole house humidifier and more! Very well maintained!
    465 days
    |
    103
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brett T Nichols 575-937-3688,

    Black Gold Real Estate 575-937-3688

    Source: RLCMLS,MLS#: 132535MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 5
      Rooms
      • Room types: Dining Room, Living Room
      Heating
      • Forced Air, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Washer
      Features
      • Open Floorplan
      • Flooring: Carpet, Tile
      • Number of fireplaces: 1
      • Fireplace features: Gas Log
      • Furnished: Yes
      Interior area
      • Total interior livable area: 3,716 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Circular Driveway, Driveway, Garage, Paved
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Rear Porch, Covered, Deck, Enclosed, Front Porch, Patio, Balcony
      • Exterior features: Balcony, Courtyard, RV Hookup
      • Pool features: Association
      • Fencing: Partial
      • Has view: Yes
      • View description: Mountain(s), Valley, Trees/Woods
      • Waterfront features: None
      Lot
      • Size: 0.66 Acres
      • Features: Corner Lot, Sloped Down, Gentle Sloping
      Details
      • Additional structures: None
      • Parcel number: 4072060384111000000
      • Zoning: R1
      • Other equipment: Other
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain,Pueblo
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Other
      Condition
      • Updated/Remodeled
      • Year built: 1996

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available, Water Connected

      Community & HOA

      Community
      • Membership fee: $4,400 annually
      • Subdivision: Alto Lakes G&C
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fitness Center, Golf Course, Meeting Room, Other, Pool, Parking, Tennis Court(s)
      Location
      • Region: Alto

      Financial & listing details

      • Price per square foot: $268/sqft
      • Tax assessed value: $555,852
      • Annual tax amount: $6,264
      • Date on market: 5/9/2025
      • Cumulative days on market: 468 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $925,500

        $879,000 - $972,000

        $4,003/mo

        Price history

        DateEventPrice
        5/8/2026Price change$995,000-9.5%$268/sqft
        Source: RLCMLS #132535 Report a problem
        5/11/2025Listed for sale$1,100,000+4.8%$296/sqft
        Source: RLCMLS #132535 Report a problem
        7/6/2023Listing removed--
        Source: RLCMLS #129628 Report a problem
        5/25/2023Listed for sale$1,050,000+87.5%$283/sqft
        Source: RLCMLS #129628 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        9/4/2020Listing removed$559,900$151/sqft
        Source: Owner Report a problem
        9/3/2020Price change$559,900+1.8%$151/sqft
        Source: Owner Report a problem
        8/31/2020Price change$549,900-5.2%$148/sqft
        Source: Owner Report a problem
        8/6/2020Listed for sale$579,900+9.4%$156/sqft
        Source: Owner Report a problem
        2/20/2020Listing removed$529,900$143/sqft
        Source: CENTURY 21 Aspen Real Estate #124158 Report a problem
        1/14/2020Price change$529,900-3.5%$143/sqft
        Source: CENTURY 21 Aspen Real Estate #124158 Report a problem
        11/22/2019Price change$549,000-1.9%$148/sqft
        Source: CENTURY 21 Aspen Real Estate #124158 Report a problem
        10/29/2019Listed for sale$559,900$151/sqft
        Source: Century 21 Aspen Real Estate Alto #124158 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,684 +6.1%$185,284 +3%
        2024$3,474 +32.5%$179,887 +3%
        2023$2,621 -2%$174,648
        2022$2,674 +2.2%$174,648
        2021$2,616 +21.6%$174,648
        2020$2,151 +0.3%$174,648 +39%
        2019$2,144 +0.4%$125,606
        2018$2,137 +22.8%$125,606 +18.2%
        2017$1,740 $106,249 +3%
        2015$1,740 +2.7%$103,165 +3%
        2014$1,695 +22.9%$100,160 +12.6%
        2010$1,379 $88,982
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 88312

        Getting around

        1 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

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