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For sale
  • Price cut: $127K (5/22)
    $390,000

    851 3rd St, Chama, NM 87520

    3beds
    2,054sqft
    : 
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    Single Family Residence
    Built in 1979
    1.18 Acres Lot
    $-- Zestimate®
    $190/sqft
    $-- HOA

    What's special

    Brick floors downstairsAmazing views
    This beautiful 2-story stucco homestead has amazing views and in town conveniences. Located just below the Sargent's Wildlife Management Area this home sits on a quiet lot with approximately 1.176 acres of land. Seller also owns the adjacent lot and may consider selling it or offering a right of first refusal to the buyer of the home. This home comes with plenty of property to bring your horses and enjoy the 20,000 plus acres of the Sargent's Wildlife Area either by horseback or hiking. Also, only steps away from the Rio Chamita, you can take advantage of this river while fishing or just enjoying the scenery. This beautiful home has brick floors downstairs while showcases douglas fir wood floors upstairs. The home comes with a newly installed septic system, an active and passive solar – grid tie or stand alone with 5-day battery in place, natural gas line to the house. Located near the heart of downtown Chama, you can enjoy an evening or morning walk to restaurants, the returning or departing train from the Cumbres and Toltec RR or shopping. Only two hours from Santa Fe or an hour from Pagosa Springs, Chama is known for its breathtaking views, close proximity to national forests and excellent outdoor activities such as hunting, fishing, photography and hiking. In the winter months, come enjoy snowmobiling or snow shoeing our beautiful open areas.
    57 days
    |
    863
    |
    81
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Gallegos 575-209-1751,

    Rooted Realty Co. 505-702-2961

    Source: New Mexico MLS,MLS#: 20262529MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric, Wood Stove, Solar Panels
      Features
      • Flooring: Brick
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 2,054
      • Total interior livable area: 2,054 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Carport
      • Garage spaces: 1
      • Has carport: Yes
      Features
      • Levels: Multi/Split
      • Fencing: Back Yard
      Lot
      • Size: 1.18 Acres
      Details
      • Parcel number: 1017184035475
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1979

      Utilities & green energy

      • Sewer: Shared Septic, Septic Tank
      • Water: Private, Domestic Well
      • Utilities for property: Electricity Connected, Natural Gas Connected
      Green energy
      • Energy generation: Solar

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Chama

      Financial & listing details

      • Price per square foot: $190/sqft
      • Tax assessed value: $169,963
      • Annual tax amount: $2,436
      • Date on market: 5/1/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,439/mo

        Price history

        DateEventPrice
        5/22/2026Price change$390,000-24.6%$190/sqft
        Source: New Mexico MLS #20262529 Report a problem
        5/1/2026Listed for sale$517,000$252/sqft
        Source: New Mexico MLS #20262529 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,477 +10.4%$56,654 +16.1%
        2023$1,338 +14.1%$48,811 +3%
        2022$1,173 +13.7%$47,390 +3%
        2021$1,032 +8.8%$46,009
        2020$948 $46,009 +0.5%
        2019$948 -9.7%$45,781 +3%
        2018$1,050 +1.4%$44,448 +3%
        2017$1,036 +1.9%$43,154 +3%
        2016$1,017 $41,897 +3%
        2015$1,017 +8%$40,678 +3%
        2014$942 +11.2%$39,493 +9.3%
        2011$847 -0.4%$36,142
        2009$850 $36,142

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 87520

          Nearby schools

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

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

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