169 Elk Drive Chama, NM $ 5,499,000
169 Elk Drive
$ 5,499,000
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169 Elk Drive

Chama, NM, 87520
$ 5,499,000
Bedrooms4 Baths2.2 Sq 3,400

Monthly Estimate*

$ 34,307

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Single Family Home for sale in Chama, NM

for $5,499,000 with 4 bedrooms and 2 full baths, 2 half baths. This 3,400 square foot home was built in 2017 on a lot size of 400.

Price Reduction!Welcome to Palomino Pines Ranch Estate luxury equestrian paradise set in the serene Southern Rockies. Encompassing 400 acres of enclosed, private land at over 8,000 feet, this custom-built estate offers breathtaking 360-degree views and a perfect blend of elegance and craftsmanship.The 3,400-square-foot living space plus garages is a masterpiece, featuring riverbed stone accents, antlered lighting, high wood beams, and chestnut floors. The gourmet kitchen is equipped with custom cabinets, granite countertops, and stainless steel appliances. Spacious living areas include a wine cooler, abundant storage, and outdoor walkways and gazebos that enhance the home's charm. A large, oversized, fully finished heated garage is perfect for your vehicles and side-by-sides. For the passionate/professional equestrian, this estate is an unparalleled dream. Bring your Quarter horses, Palominos, Thoroughbreds, Arabians, Morgans, and even bison to this state-of-the-art facility. The property features a 13k-square-foot heated domed indoor arena with 9 stalls and caretakers' quarters, ensuring the utmost protection for your animals and safety for riders. Additionally, the estate boasts an Olympic-style outdoor training arena, 7 outdoor stables, a 150’ x 350' riding area, and multiple steel-fenced pastures. With 5 RV spots equipped with full hookups, ponds, and water tanks, the estate is as functional as it is beautiful. This property isn't just for horses—it's also a haven for all your pets. A ½ acre pet hotel, complete with fencing, a large dog house, and a spacious run, ensures every family member, whether two-legged or four-legged, has a luxurious place to call home. Built as a "forever home," no expense was spared in crafting this one-of-a-kind sanctuary. The Estate represents a rare and extraordinary opportunity. It’s the life you’ve always dreamed of. Additional living space of 1000 sq ft in a separate garage. Bonus! 330 acres added! Now 400 acres!

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Single Family Active

Price

$ 5,499,000

Bedrooms

4

Full Bath

2

Half Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

400

Year Built

2017

Town/City

Chama

County/Region

Rio Arriba

MLS | Web ID

202403385

Features
General
Sewer Septic Tank
Heating Fireplace(s) Natural Gas Radiant Floor
Cooling Other See Remarks
Utilities High Speed Internet Available Electricity Available
Possession Closing & Funding Close Of Escrow
Roof Pitched Shingle
Appliances Dryer Dishwasher Gas Cooktop Disposal Gas Water Heater Microwave Oven Range Refrigerator Water Heater Washer
Zoning Rural Residential
HOA Fee 300
Garage Spaces 4
Association Fee Includes Road Maintenance
Architectural Style Northern New Mexico
Pool Features None
Security Features Dead Bolt(s) Security Gate Heat Detector Smoke Detector(s) Security Lights
Construction Materials Frame Rock Stucco
Year Built 2017
Electric 220 Volts
Levels One
Property Subtype Single Family Residence
Accessibility Not ADA Compliant
Assoc Fee Paid Per Annually
County Rio Arriba
Property Type Residential
Association Amenities Gated Laundry Management Other Recreation Facilities RV Parking See Remarks Storage
HOA true
Attached Garage true
Garage Y/N true
Other Structures Barn(s) Outbuilding Stable(s) Studio Detached
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions From Santa Fe- Go N on US84/US285 for 110 miles. Turn left on US 64W and go 74 miles. Turn right on 64W/US84W and go 14 miles. Turn left on 64W/US 84W and go 5.4 miles. Turn left on Deer Trail and go 0.8 miles. Turn left on Elk Drive and go 0.2 miles.
High School Mora High School
City Chama
Lot Size Units Acres
Lot Size Square Feet 17424000
Carport Y/N true
Listing Terms Cash Conventional 1031 Exchange New Loan
Elementary School Chama
Property Attached Y/N false
Land Lease Y/N false
Middle/Junior High School Chama
MLS Area Minor 41-Chama
Lease Considered Y/N false
Living Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Property Sub Type Additional Detached Single Family Residence
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Interior
Interior Amenities Beamed Ceilings Wet Bar No Interior Steps
Flooring Stone Wood
Total Fireplaces 2
Fireplace Features Wood Burning
Basement (Y/N) false
Heating Y/N true
Window Features Insulated Windows
Fireplace Y/N true
Half Baths 2
3/4 Baths 0
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Horse Facilities
Parking Features Attached Carport Garage Heated Garage RV Access/Parking
Lot Features Drip Irrigation/Bubblers
Water Source Community/Coop Private Well
Total Parking 20
Lot Size Area 400
Foundation Details Slab
Building Area Total 4400
Lot Size Acres 400
Lot Size Source Public Records
Waterfront Y/N false
Other Equipment Irrigation Equipment Satellite Dish
Horse Y/N true
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* Excluded Features
List By
David Cordova

Listing Agent

Sotheby's Int. Re/Grant

Broker

david.cordova@sothebyshomes.com

Email

Affordability Calculator

$34,307
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,307
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Mora High School High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$5,499,000 Listed Price

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169 Elk Drive, Chama, NM, 87520 is a Single Family Home for sale at $5,499,000 with 3,400 sqft and a lot size of 400. 169 Elk Drive has 4 bedrooms, 2.2 baths, and was built in 2017. The property's zip code is 87520 which is in Chama, NM