48 Waterfall Dr, Cloudcroft, NM, 88317
About This Home
In the sought after subdivision of Waterfall in Cloudcroft sits a well maintained 3/4 bedroom 1 1/2 baths home on 1.22 acres. Enjoy the mountain views thru the wall of windows in the living room or on the large outside deck where you can watch the wild life prance through. Inside has a mid-century modern feel to it. The main level has an open concept living, dining and kitchen in addition to a bathroom and bedroom and a large laundry room. Upstairs has 2 bedrooms, bath and a loft. The basement is finished and can be another living area or bedroom. The lot backs up to the Lincoln National Forest and there is easy access on the corner of Waterfall Dr.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1970
Materials
- Foundation: Permanent,Crawl Space
- Roof: Metal
- Construction materials: Wood Siding,Wood
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Microwave,Refrigerator,Electric Range/Oven,Washer
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1.5
Features
- Vaulted Ceiling(s),Ceiling Fan(s)
- Window features: Partial Window Coverings
- Flooring: Partial Carpet
Heating
- Heating features: Electric Wall Heat,Wood
Interior Area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
Property
Details
- Parcel number: R040476
- Zoning description: Single Family
Features
- Patio & porch: Deck,Deck Covered
Lot
- Lot size: 1.22 Acres
- Features: Wooded,1.01-2.5 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
- Wildfire
- Winter Weather
- Lightning
- Hail
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Otero County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,073 | $24,876 |
| Home Insurance * | $202 | $2,424 |
| Property Taxes | $527 | $6,324 |
| Electricity | $148 | $1,780 |
| Total | $2,950 | $35,400 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-01 | Listed for sale | $410,000 |
| 2021-05-05 | Listing removed | -- |
| 2021-03-20 | Pending sale | $250,000 |
| 2021-03-20 | Listed for sale | $250,000 |
| 2018-10-21 | Listing removed | $174,900 |
| 2018-09-08 | Pending sale | $174,900 |
| 2018-09-05 | Sold | -- |
| 2018-08-11 | Listed for sale | $174,900 |
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