$720,000
Modern build with glass to the water
4 bd4 ba
4,050 sqft
180 ft shore
Single-slip stationary
$4,000/ft
Family compound with guest cabin on Elephant Butte Reservoir. Roughly 80 feet of owned shoreline on 1.2 acres, with 4 bedrooms across 2,000 square feet. Single-slip stationary. Water clarity on Elephant Butte Reservoir averages around 8 feet and the lake is classified volatile for water level. Dock and shoreline work fall under NM State Parks. This is a sample listing used to demonstrate the platform.
| Down payment | $67,000 |
| Closing costs (est. 2.4%) | $8,040 |
| Septic inspection & pump | $850 |
| Water quality testing | $400 |
| Waterfront home inspection | $800 |
| Survey (shoreline frontage) | $1,200 |
| Total | $78,290 |
| Principal & interest | $21,181 |
| Property taxes | $2,447 |
| Hazard insurance | $1,407 |
| Flood insurance | $2,400 |
| HOA / POA dues | $3,000 |
| Utilities | $2,700 |
| Maintenance reserve (1.1%) | $3,685 |
| Septic service | $520 |
| Well & water testing | $260 |
| Dock maintenance | $900 |
| Winterization / seasonal close | $750 |
| Shoreline / seawall reserve | $480 |
| Total | $39,730 |