Sydney Ennis

169 Elk Drive

Chama, NM
$ 4,799,999 Beds 4 Baths 3 Sq 3,400
Monthly Estimate* How much can I afford?

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.

Active Under Contract

  • Price
  • $ 4,799,999
  • City
  • Chama
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • Rio Arriba
  • Half Bathrooms
  • 2
  • Area
  • Lot Size
  • 400 Acres
  • Zip
  • 87520
  • Sqr Footage
  • 3,400
  • Year Built
  • 2017
  • Style
  • MLS#
  • 202403385
Listed By: David Cordova with Sotheby's Int. RE/Grant.
Data Source: Santa Fe AOR (SFAR)

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 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 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 Pending
Year Built Source Estimated
Property Sub Type Additional Detached,Single Family Residence

Interior Features

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
Total Bedrooms 4
LivingAreaSource Other
Total Baths 4

Exterior Features

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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Chama Elementary School
Middle School Chama Middle School
High School Mora High School High School

Price History

10/29/2025 Listed $5,499,000
1/24/2026 13% - $4,799,999

Property vs Zip Code Average in 87520

Price
AVG $660K
$4.8M
Year Built
AVG 1980
2017

Areas That We Cover

169 Elk Drive Chama, NM is a Single Family Home for sale at $4799999 with 3400 sqft and a lot size of 400 Acres Acre(s). 169 Elk Drive Chama has 4 bedrooms, 2 baths and was built in 2017. The property's zip code is 87520 which is in Chama, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Sydney Ennis

Sydney Ennis

Associate Broker

505-221-4908

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