Address
169 Elk Drive, Chama, NM
Price
$ 4,799,999
Property Attributes
- MLS#202403385
- TypeSingle Family
- Listing Status Active Under Contract
- CountyRio Arriba
- CityChama
- Zip87520
- Style
- Year Built2017
- Price$ 4,799,999
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms2
- Sqr Footage3400
- Lot Size400 Acres
Data Source:
Santa Fe AOR (SFAR)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Chama Elementary School | Chama Middle School | Mora High School High School |
| Price History | |
|---|---|
| 10/29/2025 | Listed $5,499,000 |
| 1/24/2026 | 13$4,799,999 |
General Features
| 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
Property vs Single Family Average in 87520
Price
Year Built
IDX information © 2026 The Southwest Multiple Listing Service, Inc. 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or REMAX EQUiPT. Data last updated: September 22, 2026 6:50 PM UTC
Santa Fe Association of REALTORS® All information deemed reliable but not guaranteed. 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. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
