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329 Lake Shore Dr, Alto, NM, 88312

3beds
2baths
1,704sqft
$495,000
$290price/sqft
$3,046/moest. monthly cost
$121,840/yrincome needed

About This Home

Enjoy SIERRA BLANCA VIEWS in this beautiful 3-bedroom, 2-bath cabin nestled in the desirable community of Alto Golf and Country Club. This unique offering includes not only the home but also the adjacent lot, already combined under a single membership, providing ample space and privacy. This charming getaway features breathtaking views of Sierra Blanca, best enjoyed from your wrap around deck or the expansive windows framing the landscape. The cabin has been thoughtfully updated to enhance comfort while maintaining its rustic charm. Step inside to find a spacious primary suite that promises relaxation and tranquility. The heart of the home is its open living area, perfect for cozy evenings or entertaining guests.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

6/10
Ruidoso Middle SchoolGrades 6-83.1 mi
4/10
Ruidoso High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1981

Materials

  • Roof: Metal,Pitched
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Mountain
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Breakfast Bar,Ceiling Fan(s),Loft
  • Flooring: Carpet,Laminate
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s),Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 1,704 sqft

Property

Details

  • Zoning: R1
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Balcony
  • Exterior features: Balcony,Dog Run,Rain Gutters
  • Has view: Yes
  • View description: Mountain(s),Panoramic

Lot

  • Lot size: 1.11 Acres
  • Features: Cleared,Interior Lot,Sloped Up,Views,Wooded

Parking

  • Parking features: Asphalt,Driveway,Paved
  • 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
  • Ice Storm
    Ice StormRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Ice Storm
Hail
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 $2,502$30,024
Home Insurance *$174$2,088
Property Taxes $222$2,664
Electricity $148$1,780
Total$3,046$36,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,434/yr
40% on housing$91,380/yr
45% on housing$81,226/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

$290This listing

vs Other Active Listings

Avg $/sqft

ZIP 88312$256
Lincoln County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 88312$282
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)

Price History

DateEventPrice
2026-04-01Listed for sale$510,000
2026-01-14Listing removed$525,000
2025-06-11Price change$525,000
2025-04-09Listed for sale$535,000
2025-02-02Listing removed$585,000
2024-08-14Listed for sale$585,000
2024-07-22Listing removed--
2024-04-02Price change$610,000
2023-10-16Price change$625,000
2023-08-24Listed for sale$645,000
2021-03-24Sold--
2021-02-09Listed for sale$369,000
2012-09-28Listing removed$249,000
2012-08-05Price change$249,000
2012-04-07Listed for sale$277,500

For Sale by Agent

AgentMargaret A. Marx
BrokeragePinnacle Real Estate & Dev

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