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Mixed-Use Land for Sale in Chama, New Mexico

2663 US 84, Chama, NM 87520

$2,795,000
8.5 acres
Active sale
Est $15,935/mo

Set on 8.5+/- wooded acres where the Rio Chama runs along the Western boundary, the ''Elkhorn Lodge'' is one of the most distinctive riverfront properties in Northern New Mexico and one of the only lodging properties in the Chama Valley with direct river frontage.Established in 1951 and operating continuously ever since, the lodge has been a fixture of the Chama Valley for seventy-five years, serving generations of travelers as both a mountain retreat and a community gathering place. It sits at the Southern gateway to Chama Village on US Highway 84, the first lodging property every visitor passes on the way into town. With a classic ranch-style entrance, mature cottonwoods and pines shading grass-covered grounds, and open views to the Cumbres Mountains to the North. The property is operational today and under professional management, offering a new owner a running business rather than a project.The offering includes 36 accommodation units across three distinct product types: 22 motel-style rooms with private baths and private porches, 12 individually themed country cabins with full kitchens sleeping two to ten guests, and two seasonal units, complemented by a full-hookup RV site and eight dry campsites. Guests enjoy a covered events pavilion, a riverfront fire pit, two horse corrals, a dog-friendly river trail, a children's play area, barbecue grills, and trout fishing steps from the door. A 1,200+/- square-foot two-bedroom owner's/manager's quarters allows an owner-operator to live on site.The location is the property's quiet advantage. The Cumbres & Toltec Scenic Railroad, a National Historic Landmark and one of the last surviving narrow-gauge steam railroads in America it's only 2.7 miles away. Sargent Wildlife Management Area is 3.8 miles, Heron Lake State Park is just up the road, and Ghost Ranch and Georgia O'Keeffe's Abiquiu country lie 43 miles south. Three national forests, blue-ribbon trout water, and some of New Mexico's best elk and mule deer country surround the valley. That mix draws four distinct groups of travelers, anglers, hunters, outdoor recreation visitors, and cultural travelers. On top of the railroad's national following, giving the valley unusually well-rounded demand for a town its size. Frommer's Travel Book has called Chama ''New Mexico's undiscovered Durango -- without the masses.''Seventy-five years of history, an irreplaceable riverfront setting, and real room for a new owner to leave their mark. A rare opportunity for someone to take this property to the next level.

Sq feet

Location

Street address
2663 US 84
Zip code
87520
Community
Rio Arriba
Elevation
7,731 feet
Coordinates
36.8694, -106.583

Directions

The property is located approx. 1-2 miles South of the town Chama, NM - just off of US Highway 84 at the Southern approach.

Property details

Acreage
8.5 acres
Zoning
H-1
MLS #
SWMLS 1111004
Posted

Property taxes

Recent
$19,859

Parcels

  • 1017182192216

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
Keller Williams Realty

Exterior

Parking Spaces
38
Parking
Guest

Structure

Stories
1
Cooling
Window Unit(s)
Materials
Frame, Log Siding

Listing history

DateEventPriceChangeSource
Sept 16, 2026New listing$2,795,000SWMLS
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This 8.5-acre property is located at 2663 US 84 in Chama, NM 87520. The property is available for sale, priced at $2,795,000. It has a structure.

Listed by Keller Williams Realty, (505) 271-8200

Checked 2 hours agoUpdated Source

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