Rare unrestricted 2 acres bordering National Forest!!!! This property has a mild slope at the top near road with a shared water well and power to property line. This acreage would make a great building site or even a great place for recreational use. These 2 acres are through a gated community named Cloud Country Estates yet unrestricted and (not) part of The Estates or the HOA. Property owners can become part of the amenities with yearly fees but required just optional. This property has an abundance of wildlife such as Elk, bear, deer, turkey. If you're an outdoorsman, hunter or just a lover of the quiet mountains and like privacy this rare find may be perfect for you!!! This is a must-see property. Bring offers.
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Around this home
Schools
K - 12
Preschool & daycare
Cloudcroft Elementary School
Public PreK-5 • Assigned • 8.1mi
7/10
Cloudcroft Middle School
Public 6-8 • Assigned • 8.1mi
5/10
Cloudcroft High School
Public 9-12 • Assigned • 8.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Interior features
Wooded lot setting (note: interior details unavailable for unimproved land)
Exterior features
2-acre wooded parcel
Located within Cowen Acres subdivision
Gated access with internal roads (directions reference two gates and Cloud Country Dr/Cowan Rd.)
Home design
Unimproved land (no structures)
Security
Gated community access
Utilities
Shared well water
Sale and tax history for 48 Cowan Rd
Sale History
Tax History
Date
Event
Price
OCAOR #172343
Mar 28, 2026
Listed
$199,900
OCAOR #167169
Jun 30, 2023
Sold
—
Jun 14, 2023
Pending
—
Apr 23, 2023
Price Changed
$375,000
Oct 24, 2022
Listed
$399,000
+66
Mountain retreat 2 Bedroom 2 bath metal construction and beautifully designed interior offering open floorplan. This this incredibly built metal cabin sits on 6 unrestricted acres bordering National Forest on two sides. This property has 2 water sources - shares from two strong wells one on the property and the other one feeds from neighboring acreage owned by this same seller. The water well is very strong and carefree. Location is through a gated community Cloud Country Estates yet no restrictive covenants and not part of The Estates. Property owners can become part of the road plowing and CCE amenities optional for a yearly fee for the Cowan acres community. This property has an abundance of wildlife such as Elk, bear, deer and turkey. If your a hunter or just a lover of nature this is a safe quiet and private estate. A must see property!!! Bring all offers. Comes furnished.
Year
Property tax
Land + Additions
Assessment*
2025
$1,963 (+1.3%)
$169,171 + $195,099
$364,270
2024
$1,939 (+30.5%)
$144,000 + $209,502
$353,502
2023
$1,485 (+454.9%)
$144,000 + $205,581
$349,581
2022
$268 (−0.2%)
$136,800 + $144,993
$281,793
2021
$268 (+20.4%)
$38,000
2020
$223 (+2.0%)
$38,000
2019
$218 (+1.0%)
$31,446
2018
$216 (+2.4%)
$30,524
2017
$211
$29,925
Public record
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6 Acres
Year renovated
2024
Finished Sq. Ft.
810
Unfinished Sq. Ft.
—
Total Sq. Ft.
810
Year built
2021
Style
Single Family Residential
County
Otero County
APN
R040811
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 23, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
42% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 82° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Mayhill, NM • 88339
Average low and high temperatures (°F)
49
22
61
33
67
36
68
41
74
46
83
56
79
56
82
56
75
51
72
44
62
35
59
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 48 Cowan Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More