For sale

Price cut: $15.1K (8/15)

$209,900

247 Terrace Ave, Chama, NM 87520

3beds

2,174sqft

$1,315/mo

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Single Family Residence

Built in 1993

9,583 Square Feet Lot

$-- Zestimate^®

$97/sqft

$-- HOA

What's special

Decent sized lot

This beautiful home is located right across from the historic Cumbres and Toltec Scenic Railroad in heart of downtown Chama. Originally built by the current owners in 1993, this home sits on a decent sized lot with access from the state road in front or the back of the home. There is a detached 2 car garage with plenty of space to park the vehicles or your summer and winter toys. Chama is well known for the scenic train rides, gorgeous New Mexico sunsets and all the outdoor activities you leave the city to enjoy. Just a short walk from the train, shops and restaurants, this home is perfectly located as your primary residence, get away treasure or rental property. Chama is just 45 miles from Pagosa Springs, Colorado or about an hour and a half from Santa Fe, New Mexico.

49 days

703

32

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Partial bathrooms: 1
Main level bedrooms: 1

Heating

Forced Air

Cooling

Has cooling: Yes

Appliances

Laundry: Electric Dryer Hookup

Features

Other
Flooring: Carpet, Laminate, Vinyl
Has fireplace: No

Interior area

Total structure area: 2,174
Total interior livable area: 2,174 sqft
Finished area above ground: 2,174

Property

Parking

Total spaces: 2
Parking features: Garage, Open
Garage spaces: 2
Has uncovered spaces: Yes

Features

Exterior features: Other
Fencing: Back Yard,Front Yard

Lot

Size: 9,583 Square Feet
Topography: Back Yard, Front Yard
Residential vegetation: Native/Natural

Details

Parcel number: 1 017 184 332 450

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Stucco
Roof: Metal

Condition

Year built: 1993

Utilities & green energy

Water: Water - City
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

Community & HOA

Community

Subdivision: ORIGINAL TOWNSITE OF CHAMA

HOA

Has HOA: No

Location

Region: Chama

Financial & listing details

Price per square foot: $97/sqft
Tax assessed value: $120,910
Annual tax amount: $834
Date on market: 7/4/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan
Inclusions: Oven, Refrigerator, Water Heater
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$2,028/mo

Price history

Date	Event	Price
8/15/2026	Price change	$209,900-6.7%$97/sqft
Source: New Mexico MLS #26000057 Report a problem
8/1/2026	Price change	$225,000-10%$103/sqft
Source: New Mexico MLS #26000057 Report a problem
7/4/2026	Listed for sale	$250,000$115/sqft
Source: New Mexico MLS #26000057 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$834 -6.8%	$40,303 +3%
2024	$896 +32.7%	$39,130 +32.2%
2023	$675 +14.9%	$29,598 +3%
2022	$587 +14.4%	$28,735 +3%
2021	$513 +8.8%	$27,899
2020	$472	$27,899 +3%
2019	$472 -9.3%	$27,087 +0.2%
2018	$521 -5.1%	$27,046 -2.7%
2017	$549 -2.9%	$27,794 -1.3%
2016	$565	$28,167 -2.6%
2015	$565 +1.2%	$28,915 -4%
2014	$558 +2.4%	$30,120 +16%
2011	$545 +15.9%	$25,972
2009	$470	$25,972