Eagle Nest, NM Real Estate

Eagle Nest, New Mexico Real Estate

Eagle Nest is a small resort village in the Moreno Valley of Colfax County, situated at approximately 8,200 feet elevation on the shores of Eagle Nest Lake. The 2020 Census population was 289, but the community serves a much larger base of second-home owners and seasonal visitors. Eagle Nest Lake State Park is a top destination for rainbow trout and kokanee salmon fishing, and the area offers snowmobiling, ice fishing, and cross-country skiing in winter.

Real Estate Market

Eagle Nest real estate centers on vacation cabins, small residences, and lots with lake or mountain views. The market skews toward second-home buyers and investors seeking rental income during summer fishing season and winter snowmobile season. Properties are generally more affordable than Angel Fire, reflecting the smaller resort infrastructure. The Enchanted Circle Scenic Byway — an 84-mile loop connecting Taos, Angel Fire, Eagle Nest, Red River, and Questa — drives year-round tourism through the village and supports its hospitality economy.

Key Facts

• 2020 Census population: 289
• Elevation: ~8,200 ft
• School district: Moreno Valley Schools
• Eagle Nest Lake State Park: premier fishing for rainbow trout and kokanee salmon
• Part of the 84-mile Enchanted Circle Scenic Byway