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143 Heritage Rd, Hillsboro, NM, 88042

3beds
3baths
2,278sqft
$465,000
$204price/sqft
$3,183/moest. monthly cost
$127,320/yrincome needed

About This Home

Discover the ultimate blend of luxury, durability, and serene desert living in this exceptional custom-built property nestled on over 70 acres in the breathtaking landscapes of Lake Valley, NM. This meticulously crafted single-story home boasts a robust steel frame construction with red iron I-beams and aluminum secondary supports, finished in elegant exterior stucco and crowned by a premium commercial metal roof featuring 8 inches of foam insulation for superior energy efficiency. Inside, enjoy high-end finishes like Venetian plaster walls throughout, Pella Architectural series casement windows and doors, radiant heating in three-zoned cement floors, and ceiling fans in every room—resulting in impressively low utility costs for electricity and a 320-gallon propane tank filled only twice yearly for the boiler, hot water, and 48-inch Wolf gas stove. The gourmet kitchen is a chef's dream, featuring a Wolf double-oven range with 6 burners and built-in grill, Silestone quartz counters, KraftMaid hickory Amhurst-style cabinets, a Kohler double-basin stainless sink with drain board, and modern GE refrigerator/dishwasher—plus a new Samsung front-loading washer/dryer nearby. The open great room showcases custom built-in shelves milled from local lumber in Reserve, NM, while a dedicated office offers a built-in counter desk and bookcase. The primary bedroom retreat includes a spacious ensuite with a no-step tiled walk-in shower, Kohler fixtures (including bidet), and large walk-in closet. Additional highlights include solid 6-panel wood interior doors with lever handles, newly installed custom bamboo woven wood blinds in bedrooms, custom vanities in bathrooms, and office, a dedicated screened-in patio with flagstone flooring off the dining area for enjoying the views, and high-speed internet via newly installed Ethos Broadband. And there is room to build a horse barn or similar and other outbuildings. Note that while this expansive acreage offers incredible potential in a peaceful rural setting, it is part of an HOA, and no grazing, mineral, wind, or solar rights are included. This rare gem combines uncompromising quality with off-grid-ready efficiency in one of New Mexico's most scenic valleys—your private sanctuary awaits!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

5/10
Arrey Elementary SchoolGrades PK-514.2 mi
4/10
T Or C Middle SchoolGrades 6-832.0 mi
5/10
Hot Springs High SchoolGrades 9-1231.9 mi

Construction

Condition

  • Year built: 2002

Materials

  • Roof: Metal,Pitched
  • Construction materials: Adobe,Metal Frame

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Range Hood,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s),Walk-In Closet(s),Vaulted Ceiling(s)
  • Door features: Sliding Doors
  • Window features: Double Pane Windows
  • Flooring: Concrete

Heating

  • Heating features: Radiant

Interior Area

  • Total structure area: 2,278
  • Total interior livable area: 2,278 sqft

Master Bathroom

  • Features: Bidet

Property

Details

  • Parcel number: 3038105127048

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Screened
  • Horses can be raised: Yes

Lot

  • Lot size: 77.30 Acres
  • Features: Irregular Lot,Drip Irrigation

Parking

  • Parking features: 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
  • Lightning
    LightningVery High
  • Drought
    DroughtRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Drought
Wildfire
Winter Weather
Cold Wave
Hail

FEMA Declared Disasters in Sierra 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 $2,351$28,212
Home Insurance *$451$5,412
Property Taxes $220$2,640
Electricity $161$1,943
Total$3,183$38,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,131/yr
40% on housing$95,490/yr
45% on housing$84,880/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: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -3.5%
-3.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 88042$138
Sierra County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 88042
Sierra County$147

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)

No zestimate history available

Price History

DateEventPrice
2026-01-29Listed for sale$485,000
2025-07-14Listing removed$595,000
2025-01-20Listed for sale$595,000

For Sale by Agent

AgentOmega Guzman
BrokerageSea Properties Ltd

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