See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

585 Calle La Placita, Lincoln, NM, 88338

7beds
9baths
3,800sqft
$578,000
$152price/sqft
$3,583/moest. monthly cost
$143,320/yrincome needed

About This Home

Own a piece of the Old West in Billy the Kid country! The vintage Wortley Hotel in historic Lincoln, New Mexico built in 1874, this adobe gem is an active BnB. However, it is uniquely suited to accommodate a large family or welcome your special guests to visit and enjoy this distinctive property. Step back in time to the turn of the century when you enter the living room with an ornate bar and wood-burning fireplace, while soaking in warm Western charm. Its 7 bedrooms and 9 bathrooms, with all modern amenities, could be a great residence where all will want to gather and relax. The inviting sunroom is just off of the ''Sitting Porch'' and the office is immediately inside the front door. The current owners' suite features a sitting room, bedroom, 1 & 1/2 baths & private por

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

6/10
Capitan Elementary SchoolGrades PK-511.7 mi
5/10
Capitan Middle SchoolGrades 6-811.6 mi
9/10
Capitan High SchoolGrades 9-1211.6 mi

Construction

Condition

  • Property condition: See Remarks
  • Year built: 1872

Materials

  • Roof: Metal,Pitched
  • Construction materials: Adobe,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Pueblo,Territorial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bar Fridge,Convection Oven,Dryer,Dishwasher,Freezer,Gas Range,Gas Water Heater,Refrigerator,Stainless Steel Appliance(s),Wine Refrigerator,Washer
  • Laundry features: Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 9
  • Full bathrooms: 6
  • 1/2 bathrooms: 3

Features

  • Breakfast Bar,Built-in Features,Ceiling Fan(s),High Speed Internet,Primary Downstairs,Pantry,Storage,Main Level Primary,Utility Room
  • Flooring: Tile,Wood
  • Number of fireplaces: 8
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric,Fireplace(s),Wood
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total interior livable area: 3,800 sqft

Property

Accessibility

  • Accessibility features: Accessibility Features,Grip-Accessible Features,Accessible Approach with Ramp,Accessible Doors

Details

  • Zoning: C1
  • Other equipment: Satellite Dish
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Rear Porch,Covered,Deck,Front Porch,Wrap Around
  • Exterior features: Dog Run,Fire Pit,Garden,Lighting,Rain Gutters,Storage
  • Fencing: Chain Link,Fenced,Front Yard,Partial,See Remarks
  • Has view: Yes
  • View description: Mountain(s),Panoramic,Trees/Woods
  • Waterfront features: None

Lot

  • Lot size: 1.41 Acres
  • Features: Gentle Sloping,Irregular Lot,Level

Parking

  • Parking features: Driveway,Gravel
  • 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 WeatherRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Hail
Ice Storm
Strong Wind

FEMA Declared Disasters in Lincoln 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 $2,922$35,064
Home Insurance *$131$1,572
Property Taxes $260$3,120
Electricity $270$3,242
Total$3,583$42,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,845/yr
40% on housing$107,490/yr
45% on housing$95,546/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: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.7%
5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$152This listing

vs Other Active Listings

Avg $/sqft

ZIP 88338
Lincoln County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 88338$159
Lincoln County$275

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
2025-09-24Price change$598,000
2025-04-04Price change$649,000
2024-10-17Listed for sale$665,000
2022-12-16Sold--
2022-11-01Pending sale$625,500
2022-11-01Listed for sale$625,500
2022-10-11Pending sale$625,500
2022-10-11Listing removed--
2022-07-17Price change$625,500
2022-03-16Listed for sale$647,500
2021-10-19Listing removed--
2021-09-23Listed for sale$647,500
2021-06-14Pending sale$647,500
2021-06-14Listed for sale$647,500

For Sale by Agent

AgentJulie C. Rigsby
BrokerageCentury 21 Aspen Real Estate

Similar Homes