Mountain Cabin on 5-acre lot on the BONITA RIVER and on a gated road! This charming 3 BR 2 bath homes sits on a gentle sloping lot with approximately 167 feet of river frontage. Open kitchen, living and dining area is perfect for entertaining. Primary bedroom and bathroom on main level. 2 guest rooms and 2nd bathroom upstairs, Covered front and back decks are ideal to enjoy the serenity of this cabin paradise. Gated entrance to the street protects your privacy and gives added security. Private well and private septic system. Water softener, and RO water filter. Central heat and air-conditioning, and a wood-burning fireplace keep you comfortable year-round. A private deck has been built overlooking the river and is the perfect place to entertain or relax to the sound of the river flowing
Under contract
$540,000
114 Corrida De Rio, Alto, NM 88312
3beds
1,638sqft
Est.:
Single Family Residence
Built in 1999
5 Acres Lot
$-- Zestimate®
$330/sqft
$8/mo HOA
What's special
Wood-burning fireplaceGated roadBonita river
- 141 days |
- 319 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2026 at 06:27am
Listed by:
V. Sue Koenig 817-925-3249,
Pinnacle Real Estate & Dev 575-336-7711
Source: RLCMLS,MLS#: 133220
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Dining Room, Living Room
Heating
- Central, Forced Air, Fireplace(s), Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range, Refrigerator, Water Softener Owned, Water Heater
Features
- Built-in Features, Eat-in Kitchen, Primary Downstairs, Open Floorplan, Main Level Primary
- Flooring: Carpet, Tile
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,638 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch, Covered, Deck
- Exterior features: Other
- Fencing: See Remarks
- Has view: Yes
- View description: River, Trees/Woods
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, Waterfront
Lot
- Size: 5 Acres
- Features: Gentle Sloping, Waterfront
Details
- Additional structures: Other, See Remarks
- Parcel number: 4074057151126000000
- Zoning: R1
- Other equipment: Satellite Dish
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal,Pitched
Condition
- Updated/Remodeled
- Year built: 1999
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, See Remarks
Community & HOA
Community
- Security: Security System Owned, Security Gate, Smoke Detector(s)
- Membership fee: $110 annually
- Subdivision: Ranches Of Sonterra
HOA
- Has HOA: Yes
- Amenities included: Gated
- Services included: Other
- HOA fee: $100 annually
Location
- Region: Alto
Financial & listing details
- Price per square foot: $330/sqft
- Tax assessed value: $261,297
- Annual tax amount: $1,487
- Date on market: 10/6/2025
- Cumulative days on market: 153 days
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
- Road surface type: Asphalt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Contingent | $540,000$330/sqft |
Source: | ||
| 11/12/2025 | Listed for sale | $540,000$330/sqft |
Source: | ||
| 10/15/2025 | Listing removed | $540,000$330/sqft |
Source: | ||
| 10/7/2025 | Listed for sale | $540,000$330/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,488 +17.3% | $87,099 +3% |
| 2023 | $1,269 +1% | $84,562 +3% |
| 2022 | $1,257 +5.3% | $82,099 +3% |
| 2021 | $1,194 -9.9% | $79,708 +3% |
| 2020 | $1,325 +1.8% | $77,387 +1.5% |
| 2019 | $1,302 +2.6% | $76,249 +2.2% |
| 2018 | $1,269 +6.1% | $74,592 +2.2% |
| 2017 | $1,195 | $72,976 +2.2% |
| 2015 | $1,195 +1.1% | $71,421 +2.2% |
| 2014 | $1,183 | $69,904 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,993/mo
Principal & interest
$2742
Property taxes
$243
HOA Fees
$8
More affordability tools
Climate risks
Neighborhood: 88312
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 6/10Capitan Elementary SchoolGrades: PK-5Distance: 7.5 mi
- 5/10Capitan Middle SchoolGrades: 6-8Distance: 7.5 mi
- 9/10Capitan High SchoolGrades: 9-12Distance: 7.5 mi
Local experts in 88312
- New Mexico
- Lincoln County
- Alto
- 88312
- 114 Corrida De Rio





