People will be able to either cut their own tree or purchase a precut tree while supplies last. The permits will be sold at the Valle Grande Staging Area from 9 a.m. to 5 p.m. Friday through Sunday until the day before Christmas.
The cutting area is about 12 miles from the staging area, and officials are recommending high clearance vehicles.
Officials say all proceeds from the sale of trees and cutting permits will support the preserve.
Valles Caldera is home to vast grasslands, the remnants of one of North America's few super volcanoes, and one of New Mexico's most famous elk herds.