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$925,000
241 Days On Site

1074/1078 NM HWY 48
Alto, NM 88312

For Sale|Commercial Sale|Active
0
Beds
4.5
Total Baths
4
Full Baths
1
Partial Bath
4,260
SqFt
$217
/SqFt
1980
Built
Subdivision:
Alto North
County:
Lincoln
Listing courtesy of Loverin Real Estate Team of Loverin Real Estate
Call Now: (541) 270-2814
Is this the listing for you? We can help make it yours.
(541) 270-2814
1074/1078 NM HWY 481074/1078 NM HWY 481074/1078 NM HWY 481074/1078 NM HWY 48
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Monthly Payment (Est.)

$4,220
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

PRIME COMMERCIAL NORTH OF ALTO! Approximate 282' NM Hwy 48 frontage with 1.045 acres. Great visibility and easy year round access. Sale includes 2 recently remodeled homes and a large industrial yard. Main stucco upper level home is approx 2,600 sq.ft with 3BD/2.5BA with bonus rooms plus a lower guest qtrs with 1BD/1BA plus detached 2nd one level home with 2BD/1BA. Spacious courtyard and spacious back covered deck with ''Hot Spring'' hot tub. Also 1 car garage plus a large approx 1,500 sq.ft. garage and shop area. Main home/guest has three CFA heat/ac units with tankless water heater. Includes stainless style kitchen appliances. Free standing wood stove in living area and gas log fireplace in the master bedroom. MULTI-USE POTENTIAL!!!

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Listing Snapshot
Price 
$925,000
Days On Site 
241 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,260 sqft
Total Baths 
4.5
Full Baths 
4
Partial Baths 
1
Lot Size 
1.04 Acres
Year Built 
1980
MLS® Number 
132885
Status 
Active
Property Tax 
$5,327
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 months agoPrice changed to $925,000
8 months agoListing first seen on site
General Features
Acres 
1.04
Attached Garage 
Yes
Disclosures 
AccessoryDwellingUnit
Garage 
Yes
Garage Spaces 
2
Levels 
Two
Number Of Stories 
2
Parking 
AttachedGarageOn SiteRV Access/Parking
Property Condition 
Updated/Remodeled
Security 
Security Gate
Sewer 
Septic Tank
Style 
MountainSeeRemarks
Utilities 
Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableWater Connected
Water Source 
Public
Zoning 
C1
Interior Features
Appliances 
DryerDishwasherDisposalGas RangeRefrigeratorRange HoodStainless Steel Appliance(s)Tankless Water HeaterWater HeaterWasher
Cooling 
Central AirCeiling Fan(s)
Fireplace 
Yes
Fireplace Features 
Free StandingGas LogWood Burning Stove
Fireplaces 
2
Flooring 
CarpetLaminateTileWood
Heating 
CentralForced AirNatural Gas
Interior 
Recessed LightingStorageMaster Downstairs
Laundry Features 
Washer HookupElectric Dryer Hookup
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Exterior Features
Construction Details 
FrameOtherStucco
Exterior 
BalconyCourtyardRain Gutters
Fencing 
Partial
Lot Features 
Interior LotViews
Other Structures 
Guest HouseStorageWorkshop
Patio And Porch 
CoveredDeck
Road Frontage 
HighwayState Road
Roof 
Metal
View 
ValleyTrees/Woods
Waterview 
ValleyTrees/Woods
Community Features
Association Amenities 
None
Financing Terms Available 
CashConventional
MLS Area 
Alto to Bonito River
Roads 
AsphaltPaved
Listing courtesy of Loverin Real Estate Team of Loverin Real Estate



Listing information is provided by Participants of the Ruidoso/Lincoln County Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Ruidoso/Lincoln County Association of Realtors MLS.
Last checked: 2026-03-02 10:18 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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