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Listed by Keller Williams Realty
$ 2,795,000
Est. payment /mo
New
2663 U.S. 84 Chama, NM 87520
8.5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/ Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1111004
HOA Y/N No
Annual Tax Amount $19,859
Lot Size 8.500 Acres
Acres 8.5
Lot Dimensions Public Records
Property Sub-Type Hotel/ Motel
Property Description
Set on 8.5+/- wooded acres where the Rio Chama runs along the Western boundary, the ''Elkhorn Lodge'' is one of the most distinctive riverfront properties in Northern New Mexico and one of the only lodging properties in the Chama Valley with direct river frontage.Established in 1951 and operating continuously ever since, the lodge has been a fixture of the Chama Valley for seventy-five years, serving generations of travelers as both a mountain retreat and a community gathering place. It sits at the Southern gateway to Chama Village on US Highway 84, the first lodging property every visitor passes on the way into town. With a classic ranch-style entrance, mature cottonwoods and pines shading grass-covered grounds, and open views to the Cumbres Mountains to the North. The property is operational today and under professional management, offering a new owner a running business rather than a project.The offering includes 36 accommodation units across three distinct product types: 22 motel-style rooms with private baths and private porches, 12 individually themed country cabins with full kitchens sleeping two to ten guests, and two seasonal units, complemented by a full-hookup RV site and eight dry campsites. Guests enjoy a covered events pavilion, a riverfront fire pit, two horse corrals, a dog-friendly river trail, a children's play area, barbecue grills, and trout fishing steps from the door. A 1,200+/- square-foot two-bedroom owner's/manager's quarters allows an owner-operator to live on site.The location is the property's quiet advantage. The Cumbres & Toltec Scenic Railroad, a National Historic Landmark and one of the last surviving narrow-gauge steam railroads in America it's only 2.7 miles away. Sargent Wildlife Management Area is 3.8 miles, Heron Lake State Park is just up the road, and Ghost Ranch and Georgia O'Keeffe's Abiquiu country lie 43 miles south. Three national forests, blue-ribbon trout water, and some of New Mexico's best elk and mule deer country surround the valley. That mix draws four distinct groups of travelers, anglers, hunters, outdoor recreation visitors, and cultural travelers. On top of the railroad's national following, giving the valley unusually well-rounded demand for a town its size. Frommer's Travel Book has called Chama ''New Mexico's undiscovered Durango -- without the masses.''Seventy-five years of history, an irreplaceable riverfront setting, and real room for a new owner to leave their mark. A rare opportunity for someone to take this property to the next level.
Location
State NM
County Rio Arriba
Area 570 - Rio Arriba
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Guest
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Total Parking Spaces 38
Building
Story 1
Others
Tax ID 1017182192216
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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