118 Thunder Mountain Court
Alto, NM 88312
2
Bed
2
Bath
1,356Sqft
FULLY FURNISHED TURNKEY INVESTMENT OPPORTUNITY IN ALTO ALPS! Successful short-term rental with proven income history! This 2-bedroom, 2-bathroom condo in the highly sought-after Alto Alps community offers the perfect blend of investment potential and mountain getaway charm.Ideally located just minutes from Alto Lakes Golf and Country Club, Ski Apache, and Ruidoso, this property attracts year-round visitors seeking cool mountain air and outdoor adventure. Whether you're looking to expand your rental portfolio or own a personal retreat that generates income when you're away, this condo checks all the boxes! Alto Alps has a community clubhouse, swimming pool and tennis courts!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2 -
Flooring Information
Carpet, Tile -
Interior Features
Ceiling Fan(s), Open Floorplan Appliances: Dishwasher, Electric Range, Microwave, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Central, Forced Air, Fireplace(s) Has Cooling: Yes Cooling: Ceiling Fan(s)
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Building Information
Year Built: 1979 Construction Materials: Stucco Stories: 1 Patio And Porch Features: Deck Pool Features: Association Private Pool: No View: Trees/Woods Association Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony
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Lot Information
Lot Description: Gentle SlopingProperty Information
Subdivision: Alto Alps Source Property Type: Residential Property SubType: Condominium Levels: One Property Age: 47
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Listing Price Information
Listing Price: $190000 Original Price: $195000 Cash, Conventional, FHA
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Tax Information
Tax Lot: 0 Tax Block: 0 Tax Year: 2025 Annual Tax: $1247 Tax Legal Desc: Apartment 3, Building 13, Phase III-Alto Alps Condominiums
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Parking Information
On Site, Paved, Parking LotHomeowners Association InformationHas Association: Yes Included Fees: Maintenance Grounds, Maintenance Structure HOA: $221.00 Association Amenities: Clubhouse, Pool, Tennis Court(s)
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Utility Information
Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected -
Location Information
Direction: Mechem to Alto Alps Rd to Thunder Mountain Ct. Condo on the right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 103 Cochiti Ct., Alto, NM, 88312 | $185,000 | -- | -- | -- | |
| 143 Midiron Drive, Alto, NM, 88312 | $595,000 | 3 | 2 | 2,120 | 2,120 SqFt |
| 139 Dancing Star Trail .., Alto, NM, 88312 | $319,000 | 3 | 3 | 1,861 | 1,861 SqFt |
| 143 Dancing Star Trail, Alto, NM, 88312 | $259,000 | 2 | 2 | 1,210 | 1,210 SqFt |
| 154 Mountain Sun Trail, Alto, NM, 88312 | $134,500 | 2 | 1 | 850 | 850 SqFt |
| 204 Alto Alps Road, Alto, NM, 88312 | $295,000 | 3 | 2 | 1,660 | 1,660 SqFt |
| 168 Alto Alps Road, Alto, NM, 88312 | $429,000 | 5 | 4 | 2,203 | 2,203 SqFt |
| 114 Mountain Sun Trail, Alto, NM, 88312 | $214,000 | 2 | 2 | 1,140 | 1,140 SqFt |
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Ruidoso/Lincoln County Association of REALTORS®. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright ©2026 Ruidoso/Lincoln County Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 06/20/2026 @ 00:22
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