WATERFALL Subdivision
Located about 8 miles south of Cloudcroft. Forested Parcels. Adjacent to Lincoln National Forest.
| Unit | Block | Lot | Size +/- ac | Power/phone | Notes | $$$ |
| 3 | 7 | 10 | .264 | yes/yes | On Deer Springs near Waterfall Lodge | SOLD |
| 4 | 12 | 2 | .255 | 1/10 mile | On Forest View. Borders Lincoln Nat'l Forest | SOLD |
| 5 | 1 | 1 | .263 | yes/yes | On Deer Spring. | 6900 |