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  • Price Unknown

    169 Elk Dr, Chama, NM 87520

    4beds
    --baths
    3,800sqft
    Farm
    Built in ----
    70 Acres Lot
    $2,760,800 Zestimate®
    $--/sqft
    $3,543 Estimated rent

    Home value

    $2,760,800

    Estimated sales range

    Not available

    $3,543/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Cordova 505-660-9744,

    Sotheby's Int. RE/Grant

    Bought with:

    Francesco R. Crisafulli, 52423

    Keller Williams Realty

    Source: SFARMLS,MLS#: 202503373MLS LogoOriginating MLS: Santa Fe Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Features
    • No Interior Steps
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,800
    • Total interior livable area: 3,800 sqft

    Property

    Accessibility
    • Accessibility features: Not ADA Compliant
    Features
    • Exterior features: Fence, Rain Gutters
    • Fencing: Electric,Other
    • Waterfront features: Other, See Remarks
    Lot
    • Size: 70 Acres
    • Features: Other, See Remarks, Wooded
    • Topography: Mountainous
    Details
    • Additional structures: Barn(s), Grain Storage, Workshop
    • Parcel number: 1012181080140
    • Zoning: RAC,Rural Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm

    Utilities & green energy

    • Electric: 3 Phase, 220 Volts
    • Sewer: Septic Tank
    • Water: Private, Well
    • Utilities for property: Electricity Available

    Community & neighborhood

    Security
    • Security features: Surveillance System
    Location
    • Region: Chama

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $425 annually
    • Services included: Common Areas, Road Maintenance

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,New Loan
    • Road surface type: Dirt, Gravel, Unimproved

    Price history

    DateEventPrice
    5/5/2026Sold--
    Source: SFARMLS #202503373 Report a problem
    4/6/2026Pending sale$4,799,999$1,263/sqft
    Source: SFARMLS #202503373 Report a problem
    4/6/2026Listed for sale$4,799,999$1,263/sqft
    Source: SFARMLS #202503373 Report a problem
    2/23/2026Pending sale$4,799,999$1,263/sqft
    Source: SFARMLS #202503373 Report a problem
    2/23/2026Contingent$4,799,999$1,263/sqft
    Source: Enchanted Circle #113765 Report a problem
    1/24/2026Price change$4,799,999-12.7%$1,263/sqft
    Source: Enchanted Circle #113765 Report a problem
    7/25/2025Price change$5,499,000-8.3%$1,447/sqft
    Source: SFARMLS #202503373 Report a problem
    4/1/2025Price change$5,999,999-7.7%$1,579/sqft
    Source: SFARMLS #202403385 Report a problem
    8/22/2024Listed for sale$6,500,000+36.8%$1,711/sqft
    Source: SFARMLS #202403385 Report a problem
    4/19/2024Listing removed--
    Source: SFARMLS #202339070 Report a problem
    2/5/2024Price change$4,749,999-5%$1,250/sqft
    Source: SFARMLS #202339070 Report a problem
    12/12/2023Price change$4,999,999-16.7%$1,316/sqft
    Source: SFARMLS #202339070 Report a problem
    10/5/2023Price change$6,000,000-7.7%$1,579/sqft
    Source: SFARMLS #202339070 Report a problem
    7/25/2023Listed for sale$6,500,000-3.7%$1,711/sqft
    Source: SFARMLS #202339070 Report a problem
    2/1/2023Listing removed--
    Source: Enchanted Circle #109232 Report a problem
    8/15/2022Listed for sale$6,750,000-10%$1,776/sqft
    Source: Enchanted Circle #109232 Report a problem
    8/11/2022Listing removed--
    Source: SFARMLS #202201017 Report a problem
    5/28/2022Price change$7,500,000-15.7%$1,974/sqft
    Source: SFARMLS #202201017 Report a problem
    3/30/2022Listed for sale$8,899,000$2,342/sqft
    Source: SFARMLS #202201017 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,416 +3.2%$213,665 +0.7%
    2023$6,217 +21.3%$212,095 +14.1%
    2022$5,124 +11.4%$185,897
    2021$4,601 +15.4%$185,897 0%
    2020$3,987 $185,917 +1107.6%
    2019$3,987 +822%$15,396 +2.9%
    2018$432 -32.7%$14,967 -34%
    2017$642 +45.6%$22,667 +17.3%
    2016$441 $19,324 +3%
    2015$441 +8.7%$18,761 +3%
    2014$406 +11.3%$18,215 +3%
    2011$365 -2.1%$17,684
    2009$372 $17,684

    Find assessor info on the county website

    Neighborhood: 87520

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chama
    • Middle: Chama
    • High: Escalante High School

    Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.