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123 Pine Cone Ln, Alto, NM, 88312

4beds
2baths
2,232sqft
$475,000
$213price/sqft
$3,403/moest. monthly cost
$136,120/yrincome needed

About This Home

Enough room for the entire family with this 4 Bedroom / 2 Bath, 2 Living Areas & a Game Room, This well cared for home in Alto Lakes Country Club is a MUST SEE, Everything you could ask for surrounded by ponderosa pines a true mountain get away! Offering great outdoor space with a large covered deck. Full Golf membership to Alto Lakes, Kokopelli & Outlaw. Amenities include access to 3 private golf courses, 3 restaurants, tennis & pickleball courts, Indoor & Outdoor swimming pools, Fishing pond & so much more. Schedule your showing today!

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

6/10
Capitan Elementary SchoolGrades PK-511.3 mi
5/10
Capitan Middle SchoolGrades 6-811.4 mi
9/10
Capitan High SchoolGrades 9-1211.4 mi

Construction

Condition

  • Property condition: See Remarks
  • Year built: 1975

Materials

  • Roof: Pitched,Shingle
  • Construction materials: Frame,See Remarks,Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Water Heater,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Built-in Features,Ceiling Fan(s),Open Floorplan,Recessed Lighting,Sound System,Wired for Sound,Main Level Primary,Utility Room
  • Flooring: Carpet,Tile
  • Number of fireplaces: 2
  • Fireplace features: Gas Log,Raised Hearth,Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total interior livable area: 2,232 sqft

Property

Details

  • Parcel number: 4072060031222000000
  • Zoning: R1
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Association
  • Patio & porch: Covered,Deck,Front Porch,Balcony
  • Exterior features: Balcony,Storage
  • Has view: Yes
  • View description: Valley,Trees/Woods

Lot

  • Lot size: 0.52 Acres
  • Features: Near Golf Course,Gentle Sloping,See Remarks,Views,Wooded

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 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 $2,401$28,812
Home Insurance *$167$2,004
Property Taxes $677$8,124
Electricity $158$1,904
Total$3,403$40,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,674/yr
40% on housing$102,090/yr
45% on housing$90,746/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

$213This listing

vs Other Active Listings

Avg $/sqft

ZIP 88312$257
Lincoln County$202

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
2026-03-02Price change$549,000
2025-12-16Listed for sale$599,000

For Sale by Agent

AgentDeanna Miller
BrokeragePinnacle Real Estate & Dev

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