1028 New Mexico 48, Alto, NM 88312

Local realty services provided by:CENTURY 21 Aspen Real Estate
1028 New Mexico 48,Alto, NM 88312
$1,950,000
  • 1 Beds
  • 6 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: jessica thomas
Office: rise real estate
MLS#:133824
Source:NM_RLCAR

Price summary

  • Price:$1,950,000

About this home

Don't miss the opportunity to own a Lincoln County jewel! Live on-site while managing this long established business/event venue! A 1 bed/1bath cabin is a quiet retreat at days end. Conveying will all the bells and whistles to continue operations as it has for decades, but also has the capability to house many different business models or ventures. The property improvements include a fully insulated and heated venue to accommodate up to 700 guests, full performance stage, state of the art sound system, large commercial kitchen, onsite living quarters, wedding chapel, 3 store fronts, ice cream shop/bar, multiple storage buildings, corral for two horses, 4 fully equipped RV spaces, 3 septic systems, 2 domestic wells, and MUCH more. Make an appointment to view this unique, historic property.

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Home facts

  • Year built:1990
  • Listing ID #:133824
  • Added:1 day(s) ago
  • Updated:March 25, 2026 at 06:42 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:6
  • Full bathrooms:5
  • Half bathrooms:1
  • Kitchen Description:Dishwasher, Refrigerator

Heating and cooling

  • Heating:Electric, Propane

Structure and exterior

  • Roof:Metal
  • Year built:1990
  • Lot Features:Level, Wooded
  • Architectural Style:Cabin
  • Construction Materials:Log
  • Exterior Features:Level, Storage, Wooded

Utilities

  • Water:Private, Well

Finances and disclosures

  • Price:$1,950,000
  • Tax amount:$11,229 (2026)

Features and amenities

  • Appliances:Refrigerator

Parking

  • Parking description:Unpaved