




3275 Highway 518, Cleveland, NM, 87715
About This Home
Mountain Homestead Retreat on Encinal Creek nestled on approximately 0.9 acres in beautiful Cleveland, New Mexico. This exceptional mountain property offers the perfect balance of modern comfort, self-sufficiency, and rustic charm. Surrounded by mature evergreen, aspen, willow, and wild plum trees, and framed by the breathtaking Sangre de Cristo Mountains, this peaceful retreat enjoys easy access from Highway 518 while offering the privacy and serenity of mountain living. Backing directly to Encinal Creek, the property features a fully remodeled 2-bedroom, 2-bathroom home thoughtfully updated to preserve its character while incorporating modern conveniences. Since 2021, extensive improvements have transformed the home, including raised tongue-and-groove ceilings, custom counter tops and kitchen cabinets, luxury vinyl flooring, reconfigured interior walls, custom pine sliding doors and trim, new windows and sliding glass door, fully remodeled bathrooms, updated electrical and plumbing systems, replacement insulation, updated heating, fresh interior paint, and stylish new light fixtures throughout. Designed for comfort and healthy living, the home also includes a three-stage reverse osmosis system for premium drinking and cooking water, a heat exchanger fresh-air system, new appliances, an owned propane tank, and both a private well and access to a community water system. Cell service is readily availbel in the area, and the home is wired with high speed fiber optic internet. Outside, the property has been carefully developed for gardening, homesteading, and outdoor enjoyment. The entire parcel is enclosed with chain-link fencing and includes a large two-car garage, attached lean-to cold frame greenhouse, raised garden beds, equipment barn, and two historic log structures filled with potential. The original one-room log homestead, already wired for electricity, would make an ideal workshop, art studio, or hobby space with restoration. An old log barn offers the perfect opportunity for a chicken coop or small livestock shelter. The grounds are a true gardener's paradise, featuring drip irrigation system and a diverse collection of mature trees, shrubs, and flowering perennials, including lilacs, apricot, peach, apple, pear and cherry trees, currant and blackberry bushes, crabapple trees, junipers, arbor vitae, climbing roses, peonies, daylilies, and bellflowers. Adding to the property's unique appeal is a peaceful labyrinth and medicine wheel, creating a special space for meditation, reflection, and connection with nature. Additional improvements include updates to the septic and well systems, relocation of the driveway, gravel improvements, and treatment of the historic log structures with linseed oil to preserve their beauty and integrity. Whether you're seeking a full-time residence, mountain getaway, hobby farm, artist's retreat, or self-sufficient homestead, this one-of-a-kind property offers a rare opportunity to enjoy one of Northern New Mexico's most scenic mountain valleys. Here, modern conveniences blend seamlessly with historic character, abundant gardens, and the timeless beauty.
Getting Around
Schools
Construction
Materials
- Roof: Metal
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Northern New Mexico
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Attic,Ceiling Fan(s),Pantry
- Flooring: Vinyl
- Number of fireplaces: 1
- Fireplace: Yes
Heating
- Heating features: Electric,Propane,Wood Stove
Interior Area
- Total structure area: 1,073
- Total interior livable area: 1,073 sqft
Property
Details
- Parcel number: 1086121159032
Features
- Patio & porch: Patio Covered
- Exterior features: Drip Irrigation,Irrigation,Rain Gutters
- Fencing: Chain Link,Cross Fenced
- Topography of land: Chain Link, Cross Fenced
Lot
- Lot size: 0.94 Acres
Parking
- Total spaces: 2
- Parking features: Garage,Open
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
- Wildfire
- Lightning
- Winter Weather
- Drought
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Mora 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 | $1,764 | $21,168 |
| Home Insurance * | $87 | $1,044 |
| Property Taxes | $145 | $1,740 |
| Electricity | $148 | $1,780 |
| Total | $2,144 | $25,728 |
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 |
|---|---|---|
| 2026-07-28 | Price change | $349,000 |
| 2026-06-19 | Listed for sale | $425,000 |
