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50 Knollwood Way, Angel Fire, NM, 87710

5beds
4baths
2,952sqft
$550,000
$186price/sqft
$3,623/moest. monthly cost
$144,920/yrincome needed

About This Home

Welcome to 50 Knollwood Way, a quintessential A-frame chalet tucked into the trees with easy year-round access. Set on a peaceful, wooded half-acre, this refreshed mountain home blends timeless alpine character with thoughtful modern updates—ideal as a family retreat or rental opportunity. Inside, soaring vaulted ceilings and a dramatic window wall flood the main living area with natural light. The open living space is anchored by a freestanding wood stove, creating a cozy gathering space for après-ski evenings and mountain getaways. With five bedrooms and four full baths across nearly 3,000 square feet, there is ample room for large groups, multi-generational living, or flexible sleeping arrangements. Recent 2024 updates include refreshed flooring and paint, kitchen and bathroom improvements, a new wood stove, and a new advanced septic system designed to support the full bedroom count. Multiple decks extend the living space outdoors, perfect for relaxing among the pines and enjoying the crisp mountain air. Located just minutes from skiing, golf, hiking, and all that Angel Fire has to offer, this classic A-frame offers a rare combination of charm, space, and accessibility.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

1/10
Eagle Nest Middle SchoolGrades 5-812.6 mi
3/10
Cimarron High SchoolGrades 9-1222.7 mi
1/10

Construction

Materials

  • Roof: Metal,Pitched
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Post and Beam
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Linoleum,Tile
  • Number of fireplaces: 1
  • Fireplace features: One,Living Room,Wood Burning Stove
  • Fireplace: Yes

Heating

  • Heating features: Forced Air,Wood Stove

Interior Area

  • Total structure area: 2,952
  • Total interior livable area: 2,952 sqft

Property

Details

  • Parcel number: 1088149070271
  • Zoning description: Single Family

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Gravel Driveway
  • Waterfront features: None
  • Residential vegetation: Wooded

Lot

  • Lot size: 0.51 Acres
  • Features: Level,Trees

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Hail
Strong Wind
Cold Wave
Drought
Landslide
Tornado

FEMA Declared Disasters in Colfax County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance *$400$4,800
Property Taxes $233$2,796
Electricity $209$2,518
Total$3,623$43,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$124,217/yr
40% on housing$108,690/yr
45% on housing$96,613/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -9.3%
-9.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$186This listing

vs Other Active Listings

Avg $/sqft

ZIP 87710$417
Colfax County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 87710
Colfax County$177

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-07Price change$555,000
2026-01-07Listed for sale$565,000
2025-06-19Listing removed$595,000
2025-05-20Listed for sale$595,000
2025-05-06Contingent$595,000
2025-03-06Listed for sale$595,000
2024-12-01Listing removed$639,000
2024-08-30Price change$639,000
2024-08-14Price change$629,000
2024-07-26Price change$669,000
2024-06-29Listed for sale$679,000
2023-09-18Listing removed--
2023-09-16Listed for sale$599,000
2023-09-09Listing removed--
2023-09-01Pending sale$599,000
2023-02-07Price change$599,000
2023-01-14Price change$660,000
2022-09-15Listed for sale$700,000

For Sale by Agent

AgentKate A Schoepfle, Berkshire Hathaway Home Services Angel Fire Real Estate, Chisum Angel Fire, Berkshire Hathaway Home Services Angel Fire Real Estate
BrokerageBerkshire Hathaway Home Services Angel Fire Real Estate

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