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28 Switch Back Ln, Cloudcroft, NM, 88317

2beds
2baths
1,278sqft
$339,000
$265price/sqft
$2,487/moest. monthly cost
$99,480/yrincome needed

About This Home

Discover the potential of this well-maintained investment rental property in the sought-after neighborhood of Cloudcroft Village. Enjoy an open concept layout with ample natural light. The unit has many upgrades including newer stainless-steel appliances, solid surface counters and plenty of storage in the cabinets. In addition, the unit has new flooring thru-out for easy maintenance. There are 2 bedrooms and 2 full bathrooms, there is a small loft area which is being used for additional sleeping. Come up and enjoy the cooler summer months and visit our parks, shopping and dining. Hiking, pickleball, dog park and disk Frisby are a few activities. Don't miss this opportunity. Most furniture conveys

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

7/10
5/10
Cloudcroft Middle SchoolGrades 6-81.0 mi
6/10
Cloudcroft High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1987

Materials

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

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse/Condo

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Electric Range/Oven,Washer,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Solid Surface Countertops,Ceiling Fan(s)
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating

  • Heating features: Electric Wall Heat,Wood

Interior Area

  • Total structure area: 1,278
  • Total interior livable area: 1,278 sqft

Property

Details

  • Parcel number: R036156
  • Zoning description: Townhouse/Condo,Restrict.Covnts,Property Owners Associati

Features

  • Patio & porch: Deck,Porch Covered

Lot

  • Lot size: 871.20 sqft
  • Features: Grass Rear,<1/2 Acre

Parking

  • Parking features: No Carport,No Garage

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
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Winter Weather
Lightning
Hail
Ice Storm

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 $1,714$20,568
Home Insurance *$167$2,004
Property Taxes $458$5,496
Electricity $148$1,780
Total$2,487$29,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,268/yr
40% on housing$74,610/yr
45% on housing$66,320/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

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 88317$177
Otero County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 88317$248
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
2026-08-13Price change$335,000
2026-06-04Listed for sale$339,000

For Sale by Agent

AgentChristine Barry
BrokerageAspen Trails Realty

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