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405 & 407 Bullhead Dr, Conchas Dam, NM, 88416

5beds
4baths
2,240sqft
$415,000
$185price/sqft
$2,570/moest. monthly cost
$102,800/yrincome needed

About This Home

Quiet, serenity, and forever views of Conchas Lake and expansive vistas! Two HOMES on 4 lots totaling 1.39 acres. The main house offers 3 beds, 2 baths, and 3 covered parking spaces. Take in majestic sunsets from the full length covered front porch looking over the lake. Be pampered with a custom bath remodel, a reverse osmosis system for the kitchen sink drinking water, plus the home's water heating supply is fed by SOLAR POWER, saving $$! The guest home sits on 2 of the 4 lots, fully fenced. Updates include flooring, pex plumbing, refrigerated air, and a complete septic system newly installed in October 2025. Store all your toys in the detached 40x40 garage with entry doors large enough to pull in an RV. The security camera system stays so you can watch over your compound from anywhere using your phone. This type of opportunity does not come around often. Schedule your showing now!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1985

Materials

  • Foundation: Permanent
  • Roof: Membrane,Metal,Rubber
  • Construction materials: Frame,Wood Siding

Other

  • Builder model: Palm Harbor
  • Builder name: Palm Harbor

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Mobile Home
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Free-Standing Electric Range,Microwave,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 3/4 bathrooms: 1

Features

  • Ceiling Fan(s),Family/Dining Room,Living/Dining Room,Main Level Primary,Walk-In Closet(s)
  • Window features: Metal
  • Flooring: Carpet,Laminate,Tile
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 2,240
  • Total interior livable area: 2,240 sqft

Kitchen

  • Level: Main
  • Area: 120

Living Room

  • Level: Main
  • Area: 168

Primary Bedroom

  • Level: Main
  • Area: 256

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1151077322211
  • Zoning: Out of MLS Area
  • Zoning description: R-1

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Patio
  • Exterior features: Deck,Smart Camera(s)/Recording,Propane Tank - Leased
  • Has view: Yes

Lot

  • Lot size: 1.39 Acres
  • Features: Landscaped,Views

Parking

  • Total spaces: 7
  • Parking features: RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 7
  • Carport: Yes
  • Carport spaces: 3

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
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Drought
Landslide
Strong Wind

FEMA Declared Disasters in San Miguel 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 $2,098$25,176
Home Insurance *$151$1,812
Property Taxes $162$1,944
Electricity $159$1,911
Total$2,570$30,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,114/yr
40% on housing$77,100/yr
45% on housing$68,533/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: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.8%
5.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$185This listing

vs Other Active Listings

Avg $/sqft

ZIP 88416$123
San Miguel County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 88416$258
San Miguel County$215

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
2026-06-11Listed for sale$415,000
2025-12-01Listing removed$395,000
2025-01-30Listed for sale$395,000

For Sale by Agent

AgentAnita F Rodriguez
BrokerageRealty One of New Mexico

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