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103 Narrow Way, Alto, NM, 88312

4beds
3baths
2,846sqft
$925,000
$325price/sqft
$6,524/moest. monthly cost
$260,960/yrincome needed

About This Home

Rare find in the Alto Country Club! Tucked amongst the pines on one acre with views, this one level beautiful home has four bedrooms and three full bathrooms. The home features an open concept floor plan with two large living areas with vaulted ceilings and fireplaces. The kitchen has a large breakfast bar that connects to a dining area and the second living room. The formal dining room has soft mountain views that open up to the main living room. The home boasts an oversized three car garage with an RV space. A large driveway circles around the property. This property comes turnkey and beautifully furnished! Full golf membership provides access to three 18-hole mountain Golf Courses, 3 private restaurants, Outdoor pool, indoor lap pool, pickleball and tennis courts.

Getting Around

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

Schools

6/10
Capitan Elementary SchoolGrades PK-59.1 mi
5/10
Capitan Middle SchoolGrades 6-89.1 mi
9/10
Capitan High SchoolGrades 9-129.1 mi

Construction

Condition

  • Property condition: See Remarks
  • Year built: 2007

Materials

  • Roof: Composition,Pitched
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Gas Range,Microwave,Refrigerator,Water Softener Owned,Stainless Steel Appliance(s),Water Heater,Washer
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Bar,Ceiling Fan(s),Eat-in Kitchen,Open Floorplan,Recessed Lighting,Main Level Primary,Utility Room
  • Flooring: Carpet,Tile,Wood
  • 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: 2,846 sqft

Property

Details

  • Parcel number: 4074059398055000000
  • Zoning: R1
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Association
  • Patio & porch: Covered,Deck
  • Exterior features: Rain Gutters
  • Has view: Yes
  • View description: Mountain(s),Valley,Trees/Woods
  • Waterfront features: None

Lot

  • Lot size: 1 Acres
  • Features: Views,Wooded

Parking

  • Total spaces: 3
  • Parking features: Asphalt,Circular Driveway,Garage,RV Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • 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 $4,677$56,124
Home Insurance *$326$3,912
Property Taxes $1,319$15,828
Electricity $202$2,428
Total$6,524$78,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$223,680/yr
40% on housing$195,720/yr
45% on housing$173,973/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

$325This listing

vs Other Active Listings

Avg $/sqft

ZIP 88312$253
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
2025-09-19Listed for sale$975,000

For Sale by Agent

AgentBrant Hamilton
BrokerageFathom Realty NM

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