169 Elk Drive Chama, NM $ 4,799,999
169 Elk Drive
$ 4,799,999
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169 Elk Drive

Chama, NM, 87520
$ 4,799,999
Bedrooms4 Baths0.0 Sq 3,400

Monthly Estimate*

$ 29,554

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Farms/Ranches for sale in Chama, NM

for $4,799,999 with 4 bedrooms. This 3,400 square foot property was built on a lot size of 400.

Palomino Pines Ranch – 400 Acres of Mountain Luxury, Set at over 8,000 feet in the Southern Rockies, Palomino Pines Ranch spans 400 private acres of rolling meadows, pine forest, and sweeping 360-degree mountain views, offering a rare combination of privacy, beauty, and luxury. This is a true legacy mountain estate designed for those who want space, serenity, and the freedom of the Western lifestyle. The custom-built main residence features approximately 3,400 square feet of refined mountain living, highlighted by riverbed stone accents, soaring wood beams, antlered lighting, and rich chestnut floors. A gourmet kitchen with custom cabinetry, granite counters, and stainless-steel appliances flows into warm, inviting living areas and outdoor patios perfect for entertaining and enjoying the endless views. A large heated garage and workshop provides space for vehicles and recreational equipment and includes additional heated living quarters ideal for guests, caretakers, or a private office. There is also approximately 1,000 square feet of additional living space in a separate garage for flexible use. For equestrian enthusiasts, the property includes a 13,000-square-foot heated indoor riding arena with nine stalls and heated living quarters, an Olympic-style outdoor arena, additional outdoor stables, expansive riding areas, and multiple steel-fenced pastures — all designed for year-round enjoyment in total privacy. The estate also features ponds, water tanks, RV hookups, and a private pet retreat with fencing, shelter, and run space. Built as a true forever home, no expense was spared in creating a ranch that balances luxury, function, and natural beauty. With 330 acres recently added, bringing the total to 400 acres, Palomino Pines Ranch offers an extraordinary opportunity to own one of Northern New Mexico’s most private and impressive mountain estates.

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Farms/Ranches Pending

Price

$ 4,799,999

Bedrooms

4

Property Type

Farms/Ranches

Taxes

$ 0

Style

Lot Size

400

Town/City

Chama

County/Region

Rio Arriba

MLS | Web ID

202503373

Features
General
Sewer Septic Tank
Utilities Electricity Available
Possession ClosingFunding Close Of Escrow
Zoning RAC Rural Residential
HOA Fee 425
Association Fee Includes Common Areas Road Maintenance
Security Features Surveillance System
Electric Item3Phase Item220Volts
Topography Mountainous
Property Subtype Farm
Waterfront Features Other See Remarks
Accessibility Not ADA Compliant
Assoc Fee Paid Per Annually
County Rio Arriba
Property Type Farm
HOA true
Garage Y/N false
Other Structures Barn(s) Grain Storage Workshop
Special Listing Conditions Standard
Status Active Under Contract
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 Escalante High School
City Chama
Disclosures Covenants/Restrictions Disclosure
Lot Size Units Acres
Lot Size Square Feet 17424000
Listing Terms Cash Conventional Item1031Exchange New Loan
HOA Fee 2 Frequency Annually
Elementary School Chama
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 Pending
Property Sub Type Additional Farm Ranch
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Interior
Interior Amenities No Interior Steps
Basement (Y/N) false
Fireplace Y/N false
Total Bedrooms 4
Total Baths 0
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Exterior
Exterior Amenities Fence Rain Gutters
Fencing Electric Other
Lot Features Other See Remarks Wooded
Water Source Private Well
Lot Size Area 400
Building Area Total 3800
Lot Size Acres 400
Road Surface Type Dirt Gravel Unimproved
Lot Size Source Owner
Waterfront Y/N false
Road Responsibility Private Maintained Road
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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

$29,554
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,554
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
Escalante High School High School High School
Pricing History
DatePricePrice ChangeDescription
1/24/2026$4,799,999 -12.71% Price Down
10/29/2025$5,499,000 Listed Price

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169 Elk Drive, Chama, NM, 87520 is a Farms/Ranches for sale at $4,799,999 with 3,400 sqft and a lot size of 400. 169 Elk Drive has 4 bedrooms and 0.0 baths. The property's zip code is 87520 which is in Chama, NM