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88 Taylor Ranch Rd, Alamogordo, NM, 88310

5beds
4baths
4,179sqft
$785,000
$188price/sqft
$6,211/moest. monthly cost
$248,440/yrincome needed

About This Home

Ultimate Southwestern Equestrian Estate: Two custom homes on 40 acres very private and secluded yet only 12 miles from town. Discover unparalleled privacy, panoramic mountain views, and world class horse facilities in this magnificent high desert sanctuary. Nestled on 40 acres all fenced with sweeping views of the Sacramento Mountains. 2 acres of automatic irrigated area. This unique property features two independent custom homes. This private property offers the ultimate multi-generational living set up, a premium investment opportunity, or a luxury retreat for the dedicated equestrian. The main residence is three bedrooms plus office, two baths, custom kitchen with granite and three car garage. Custom features through out make this a one of a kind home! The second home is a two bedroom two bath two living areas with a three car garage and an in ground swimming pool. Perfect for entertaining or family fun! Outdoor living at its finest with expansive patios designed to maximize the cool mountain breezes, desert sunsets and dark night skies with stars galore! Large 40x45 insulated metal building with 2 large padded horse stalls, horse runs, and large lighted arena plus bathing area. 40 acres for riding and stress free roaming. 2.6 miles from Oliver Lee Park with easy access to hiking and biking. Perfect area for a vineyard or planting of your choice. 1320 feet of paved road frontage. 40 acres can be subdivided. Call today for your personal tour.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
Yucca Elementary SchoolGrades PK-59.4 mi
5/10
7/10
Alamogordo High SchoolGrades 9-129.4 mi

Construction

Condition

  • Year built: 2008

Materials

  • Roof: Flat
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Walk-In Closet(s),Split Floor Plan,Ceiling Fan(s)

Heating & Cooling

  • Heating features: Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,179
  • Total interior livable area: 4,179 sqft

Property

Details

  • Parcel number: R027421

Features

  • Levels: One
  • Stories: 1
  • Pool features: In Ground
  • Patio & porch: Covered
  • Exterior features: Horses Allowed
  • Fencing: Pipe
  • Horses can be raised: Yes

Lot

  • Lot size: 40.16 Acres
  • Features: 10.01+ Acres

Parking

  • Total spaces: 3
  • Parking features: No Carport,Garage,Garage Door Opener
  • Has garage: 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

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Inland Flooding
Wildfire

FEMA Declared Disasters in Otero 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 $3,969$47,628
Home Insurance *$460$5,520
Property Taxes $1,485$17,820
Electricity $297$3,565
Total$6,211$74,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$212,948/yr
40% on housing$186,330/yr
45% on housing$165,626/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: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 88310$127
Otero County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 88310$151
Otero County$165

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
2026-07-27Listed for sale$785,000

For Sale by Agent

AgentTheresa Nelson
BrokerageColdwell Banker Sudderth Nelson

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