Skip main navigation
For sale
  • $655,000

    221 Spencer Rd, Alto, NM 88312

    2beds
    1,569sqft
    : 
    Single Family Residence
    Built in 2014
    5,227.2 Square Feet Lot
    $626,100 Zestimate®
    $417/sqft
    $-- HOA

    What's special

    Welcome to the heart of Rainmaker Golf & Country Club, one of New Mexico's most coveted mountain enclaves. This impeccably refreshed 2-bedroom, 2.5-bath home (just painted inside & out & new roof ) is move-in ready and fully furnished down to the golf cart. Step inside to soaring ceilings, an open-concept great room, and walls of windows showcasing panoramic Mountain views that will stop you in your tracks. Expansive covered decks finish off the home, giving you the perfect stage for al fresco dinners, sunset cocktails, or simply soaking in that crisp 7,000-ft mountain air. The home is tastefully appointed in relaxed mountain-luxury style, so all you need are your clubs and a suitcase. Live steps from the 18-hole championship golf course, clubhouse, and fitness center.
    15 days
    |
    362
    |
    9
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 14, 2026 at 01:50pm

    Listed by:

    Margaret A. Marx 415-307-1809,

    Pinnacle Real Estate & Dev 575-336-7711

    Source: RLCMLS,MLS#: 133767MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Dining Room, Living Room, Utility Room
      Heating
      • Forced Air, Fireplace(s), Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
      • Laundry: Washer Hookup, Electric Dryer Hookup
      Features
      • Ceiling Fan(s), Recessed Lighting, Utility Room
      • Flooring: Carpet, Tile, Wood
      • Number of fireplaces: 2
      • Fireplace features: Gas Log, Outside
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,569 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, On Site
      • Attached garage spaces: 2
      Features
      • Levels: Multi/Split
      • Patio & porch: Covered, Deck
      • Exterior features: Lighting
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Mountain(s), Panoramic, Trees/Woods
      Lot
      • Size: 5,227.2 Square Feet
      • Features: Near Golf Course, Views
      Details
      • Zoning: R1
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain,Pueblo
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Other,See Remarks
      Condition
      • Updated/Remodeled
      • Year built: 2014

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Gated
      • Security: Gated Community, Smoke Detector(s)
      • Membership fee: $5,092 annually
      • Subdivision: Rainmakers Subdivison
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fitness Center, Golf Course
      Location
      • Region: Alto

      Financial & listing details

      • Price per square foot: $417/sqft
      • Annual tax amount: $5,475
      • Date on market: 3/14/2026
      • Cumulative days on market: 17 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes
      • Road surface type: Paved
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        $626,100

        $595,000 - $657,000

        $2,541/mo

        Price history

        Price history
        DateEventPrice
        3/14/2026Listed for sale$655,000-3.7%$417/sqft
        Source: RLCMLS #133767 Report a problem
        2/14/2026Listing removed$680,000$433/sqft
        Source: RLCMLS #133342 Report a problem
        11/18/2025Listed for sale$680,000-9.3%$433/sqft
        Source: RLCMLS #133342 Report a problem
        12/15/2022Listing removed--
        Source: RLCMLS #128807 Report a problem
        10/26/2022Price change$750,000-5.7%$478/sqft
        Source: RLCMLS #128807 Report a problem
        10/14/2022Listed for sale$795,000$507/sqft
        Source: RLCMLS #128807 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $3,597/mo
        Principal & interest
        $3302
        Property taxes
        $295
        More affordability tools

          Climate risks

          Neighborhood: 88312

          Getting around

          5 / 100
          Car-Dependent
          4 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 88312

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel