35 Poleo Rd, Costilla, NM, 87524
About This Home
Live life while "living" on vacation!!!! Recently remodeled mountain retreat offering space, function, and year-round recreation near the sought-after Rio Costilla Association and just minutes from the beautiful Latir Lakes. This well-maintained single-family home combines comfortable living with exceptional utility and outdoor lifestyle amenities. The standout feature is the oversized 60’ x 40’ metal shop, providing abundant room for RVs, side-by-sides, ATVs, boats, trailers, tools, or workshop space—ideal for hobbyists, mechanics, or recreational owners. The property also includes valuable water rights and a private well, adding long-term practicality and self-sufficiency. Inside, recent updates offer a refreshed, move-in-ready feel. Invite family and friends and entertain in your own “party cave” area. A heated four-legged-friend space provides comfort and protection for pets. With easy access to fishing, hiking, hunting, and thousands of acres of mountain recreation, this property is well suited as a full-time residence, weekend getaway, or recreational basecamp. Plenty of room to park equipment and enjoy the wide-open Northern New Mexico landscape.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Roof: Pitched
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet,Laminate
- Fireplace features: Living Room,Pellet Stove
- Fireplace: Yes
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 1,764
- Total interior livable area: 1,764 sqft
Property
Details
- Parcel number: 17310
- Zoning description: County
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Porch
- Exterior features: Gravel Driveway
- Topography of land: CanyonValley
Lot
- Lot size: 1.15 Acres
Parking
- Total spaces: 4
- Parking features: Detached,Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- 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
- Lightning
- Wildfire
- Winter Weather
- Avalanche
- Drought
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Taos 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 | $2,447 | $29,364 |
| Home Insurance * | $201 | $2,412 |
| Property Taxes | $570 | $6,840 |
| Electricity | $148 | $1,780 |
| Total | $3,366 | $40,392 |
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 |
|---|---|---|
| 2026-05-13 | Price change | $484,000 |
| 2026-02-17 | Price change | $495,000 |
| 2026-02-07 | Listed for sale | $545,000 |
For Sale by Agent
View on Zillow