4 months on rocket

169 Elk Dr, Chama, NM, 87520

$6,500,000

4 Bedrooms
2 Full Baths, 2 Partial
3,400 SqFt
$1,912/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Carport, Garage, Heated Garage, RV Access/Parking
Attached Garage4 spaces
Year Built2017
HeatingFireplace(s), Natural Gas, Radiant Floor
CoolingOther
FireplaceWood Burning
MLS #202403385
Lot Size70.00 Acres
StatusActive

About 169 Elk Dr

Welcome to Palomino Pines Ranch Estate-a luxury equestrian paradise set in the serene Southern Rockies. Encompassing 70 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 13,000-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. With adjacent acres available for expansion, Palomino Pines Ranch Estate represents a rare and extraordinary opportunity. It’s the life you’ve always dreamed of. Additional living space 1000 sq ft in separate garage.

Property Details

Property Features

Property Information:

  • Architectural Style: Northern New Mexico
  • Year Built: 2017
  • Living Area: 3,400 SqFt

Listing Office:

  • Office Name: Sotheby's Int. RE/Grant
  • Office Phone: (505) 988-2533
  • Listing Agent: David Cordova

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: No
  • Flooring Type: Stone, Wood
  • Interior: Beamed Ceilings, Wet Bar, No Interior Steps
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Horse Facilities

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached, Carport, Garage, Heated Garage, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Irrigation System
  • Lot Size: 70.00 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Natural Gas, Radiant Floor
  • Cooling: Other

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $1,912/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,987
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chama, NM.

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Chama, NM

City

Med. Sold Price

$377K

Med. Price/SqFt

$226

Avg. Days On Market

43

# of Sold Homes

2

169 Elk Dr vs Chama

130 DAYS ON ROCKET

+87 Days

$6,500,000

+$6.1M More

$1,912/SqFt

+$1.6K More

KEY TAKEAWAY

This property is $6.1M more than the Median Sold Price and $1.6K/SqFt more than other homes in Chama, NM.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202403385

Listing Office:

  • Office Name: Sotheby's Int. RE/Grant
  • Office Phone: (505) 988-2533
  • Listing Agent: David Cordova

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2024 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/30/2024, 11:55:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,987$185,917
2018$432$14,967

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2256320
5
/10

  • Chama Elementary School

  • 182 Pine Ave

  • 6.52 miles

  • Public District Grades PK-5

school-card-donut-2256321
5
/10

  • Tierra Amarilla Elementary School

  • Hwy 513

  • 11.72 miles

  • Public District Grades PK-6

school-card-donut-2256322
1
/10

  • Dulce Elementary School

  • Hawk Dr

  • 18.24 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,374. The majority of Chama, NM residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 169 Elk Dr

What is the listing price of this property?

The listing price of 169 Elk Dr property is $6,500,000.

What type of property is this?

The property 169 Elk Dr is a house located in Chama, New Mexico, 87520.

Is this property for sale now?

Active Listing: 169 Elk Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,987 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 169 Elk Dr has 4 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 169 Elk Dr is 3,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 169 Elk Dr is 2017.
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Rocket Homes›New Mexico›Rio Arriba County›Chama›87520›169 Elk Dr

This home is located at 169 Elk Dr in Chama, NM and zip code 87520. This 3,400 square foot home, which was built in 2017, sits on a 70.00 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $6,500,000.

In November 2024 more than 0 listings in Chama, NM were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. Between October 2024 and November 2024, Chama, NM real estate market has seen decrease in the number of listings by 6.7%. While the average time on the market in November 2024 was 43 days, the median list price was $377,000.

From Rocket Homes Real Estate and based on county public records data.

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