87520, NM homes for sale & real estate

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ABOUT THIS HOME
87520, NM Homes for Sale
Saddle up your Horses! This is a real gem and may not be available long! This horse property blends rustic charm with intelligent equestrian function. Unique Barn-dominium that sits on 10 picturesque acres of rolling meadows in the Chama West Subdivision. On community water and natural gas for heating and conveniently located about 6 miles from town. Custom High ceilings and an open and airy living area, you will find the kitchen, living room, primary suite, bath and laundry on the second level. Incredible views from the 2nd level deck that has a hot tub and is a great spot to watch the variety of wildlife that traverse the property. The Large primary bedroom offers tons of storage space.

$465,000

2 beds1 bath1,472 sq ft

44 Elk Dr, Chama, NM 87520

Natural gas heating • Hot tub • Custom barn-dominium

ABOUT THIS HOME
87520, NM Homes for Sale
Charming 2-bedroom, 1-bath home situated on 1.99 acres of natural beauty. Enjoy peaceful views from the front deck and watch local wildlife in the surrounding area. The property includes a 216 sq ft detached studio—ideal for a hobby room, guest space, or home office. Conveniently located near El Vado and Heron Lake State Parks, with the Chama and Brazos Rivers also close by, offering excellent opportunities for fishing, and exploring. Outdoor enthusiasts will appreciate the nearby hunting units known for elk and deer. The village of Chama is just a short drive away and offers a wide range of outdoor recreational activities year-round.

$160,000

2 beds1 bath1,016 sq ft

21 Private Dr 1782 C, Chama, NM 87520

Front deck • Guest space • Detached studio

ABOUT THIS HOME
87520, NM Homes for Sale
Cozy three bedroom, one and three quarter bath modular home located at the north end of the Village of Chama in the sub division of the Bureau of Reclamation. In Need of some TLC. Within walking distance to the Sargent WMA where you can hike, mountain bike , ride horses , hunt and fish. Hunting and Fishing would require the proper licensing from NMGFD. The home sits on . 23 of an acre and has all village utilities. All paved roads for year round access. Home also has a 23x28 attached 2 car garage and a nice back yard with beautiful views.

$121,000

3 beds2 baths1,368 sq ft

103 Pinon Dr, Chama, NM 87520

0.23 acre lot • 2 garage spots • Built 1974

3D WALKTHROUGH

ABOUT THIS HOME
87520, NM Homes for Sale
Located north of the Village of Chama, this 24.6 acres has Chama River Frontage on the west, the Cumbres and Toltec Scenic Railroad tracks on the east and it borders a large ranch holding (RDOP) on the north. The property is 2 levels with approximately 12 acres on the upper portion where the house is located and approximately 12.6 acres in the flood plain along the Chama River. Enjoy the amazing views from the covered decks of the spacious and thoughtfully designed D Log home or head down the path to the shade of the cottonwoods along the river. The main floor of the house has an open concept living and kitchen area, 2 bedrooms, 2 bathrooms and attached 2 car garage with laundry facilities.

$1,300,000

2 beds2 baths1,968 sq ft

235A State Highway 17, Chama, NM 87520

Covered decks • En suite bathroom • Chama river frontage

3D WALKTHROUGH

ABOUT THIS HOME
87520, NM Homes for Sale
Price Reduction!Welcome to Palomino Pines Ranch Estate luxury equestrian paradise set in the serene Southern Rockies. Encompassing 400 acres of enclosed, private land at over 8,000 feet, this custom-built estate offers breathtaking 360-degree views and a perfect blend of elegance and craftsmanship. The 3,400-square-foot living space plus garages is a masterpiece, featuring riverbed stone accents, antlered lighting, high wood beams, and chestnut floors. The gourmet kitchen is equipped with custom cabinets, granite countertops, and stainless steel appliances. Spacious living areas include a wine cooler, abundant storage, and outdoor walkways and gazebos that enhance the home's charm. A large,

$5,499,000

4 beds7 baths4,000 sq ft

169 Elk Dr, Chama, NM 87520

Custom cabinets • Gourmet kitchen • Granite countertops

Property at 31 County Road 343, Chama, NM 87520, 2 beds, 2 baths

$1,275,000

2 beds2 baths1,588 sq ft

31 County Road 343, Chama, NM 87520

Property at 1754 #38, Brazos, NM 87551, 2 beds, 1.5 baths

$325,000

2 beds1.5 baths1,839 sq ft

1754 #38, Brazos, NM 87551

Property at 60 County Road 343, Chama, NM 87520, 2 beds, 2 baths

$340,000

2 beds2 baths1,400 sq ft

60 County Road 343, Chama, NM 87520

Property at 421 Maple Ave, Chama, NM 87520

$399,000

— beds— baths3,800 sq ft

421 Maple Ave, Chama, NM 87520

$21,900,000

— beds— baths— sq ft

000 Sr 512, Chama, NM 87575

Property at 344 Buckman E, Chama, NM 87520, 2 beds, 2.5 baths

$625,000

2 beds2.5 baths1,920 sq ft

344 Buckman E, Chama, NM 87520

Property at 31 Munday Ln, Chama, NM 87520, 3 beds, 2 baths

$199,000

3 beds2 baths1,331 sq ft

31 Munday Ln, Chama, NM 87520

Property at 160 Indian Paint Brush, Chama, NM 87520, 2 beds, 1 bath

$429,000

2 beds1 bath915 sq ft

160 Indian Paint Brush, Chama, NM 87520

Property at 12 Horn Toad, Chama, NM 87520, 2 beds, 2.5 baths

$565,000

2 beds2.5 baths2,260 sq ft

12 Horn Toad, Chama, NM 87520

Property at 17091 B Hwy 84/64, Los Ojos, NM 87551, 4 beds, 3.5 baths

$799,000

4 beds3.5 baths2,800 sq ft

17091 B Hwy 84/64, Los Ojos, NM 87551

Property at 460 Pinon Dr, Chama, NM 87520, 2 beds, 2 baths

$125,000

2 beds2 baths715 sq ft

460 Pinon Dr, Chama, NM 87520

Property at 25 Private Drive 1783, Chama, NM 87520, 2 beds, 2 baths

$399,900

2 beds2 baths2,800 sq ft

25 Private Drive 1783, Chama, NM 87520

Property at 000 Sr 512 Hwy Unit Mundy Ranch and Mountain, Tierra Amarilla, NM 87575, 4 beds, 3 baths

$21,900,000

4 beds3 baths4,000 sq ft

000 Sr 512 Hwy Unit Mundy Ranch and Mountain, Tierra Amarilla, NM 87575

Property at 2755 South Hwy 84/64, Chama, NM 87520, 2 beds, 2 baths

$490,000

2 beds2 baths1,500 sq ft

2755 South Hwy 84/64, Chama, NM 87520

Property at 1999 Hwy 17, Chama, NM 87520, 5 beds, 2 baths

$299,000

5 beds2 baths2,074 sq ft

1999 Hwy 17, Chama, NM 87520

Property at 169 Elk Dr, Tierra Amarilla, NM 87520, 4 beds, 3 baths

$5,499,000

4 beds3 baths4,400 sq ft

169 Elk Dr, Tierra Amarilla, NM 87520

Property at 2499 Rio Chamita Trl, Chama, NM 87520, 3 beds, 2 baths

$325,000

3 beds2 baths1,750 sq ft

2499 Rio Chamita Trl, Chama, NM 87520

Property at 16540 US Hwy 64, Chama, NM 87520, 7 beds, 3 baths

$1,950,000

7 beds3 baths4,500 sq ft

16540 US Hwy 64, Chama, NM 87520

Property at 406 State Road 512, Chama, NM 87520, 3 beds, 2 baths

$270,000

3 beds2 baths1,568 sq ft

406 State Road 512, Chama, NM 87520

Property at 722 State Road 512, Chama, NM 87520, 2 beds, 1 bath

$194,500

2 beds1 bath900 sq ft

722 State Road 512, Chama, NM 87520

Property at 000 Sr 512 Hwy, Tierra Amarilla, NM 87575

$21,900,000

— beds— baths— sq ft

000 Sr 512 Hwy, Tierra Amarilla, NM 87575

Property at 000 Brazos River Rd, Tierra Amarilla, NM 87551

$14,900,000

— beds— baths— sq ft

000 Brazos River Rd, Tierra Amarilla, NM 87551

Property at 000 Brazos Creek Crossing Rd Unit Brazos Creek Crossing, Tierra Amarilla, NM 87575, 1 bath

$14,900,000

— beds1 bath— sq ft

000 Brazos Creek Crossing Rd Unit Brazos Creek Crossing, Tierra Amarilla, NM 87575

Property at 64 Pd 1754, Chama, NM 87520, 3 beds, 3 baths

$550,000

3 beds3 baths2,300 sq ft

64 Pd 1754, Chama, NM 87520

Property at 15 Brass Cap Rd, Chama, NM 87520, 3 beds, 2 baths

$665,000

3 beds2 baths1,947 sq ft

15 Brass Cap Rd, Chama, NM 87520

Property at 16420 Hwy 84/ 64, Chama, NM 87520, 3 beds, 2 baths

$429,000

3 beds2 baths1,400 sq ft

16420 Hwy 84/ 64, Chama, NM 87520

Property at 672 State Road 512, Tierra Amarilla, NM 87520, 2 beds, 1 bath

$248,500

2 beds1 bath890 sq ft

672 State Road 512, Tierra Amarilla, NM 87520

Property at 488 7 Th, Chama, NM 87520, 3 beds, 1 bath

$200,000

3 beds1 bath1,869 sq ft

488 7 Th, Chama, NM 87520

Property at 30 Log Rdg, Chama, NM 87520, 3 beds, 3 baths

$1,330,000

3 beds3 baths1,850 sq ft

30 Log Rdg, Chama, NM 87520

Property at 0 Unit 1, Tr-9b, Ponderosa, Chama, NM 87520

$34,900

— beds— baths— sq ft

0 Unit 1, Tr-9b, Ponderosa, Chama, NM 87520

Property at TBD Brazos Lodge Spruce, Chama, NM 87520

$17,500

— beds— baths— sq ft

TBD Brazos Lodge Spruce, Chama, NM 87520

$37,500

— beds— baths— sq ft

0 Venado, Chama, NM 87575

Property at TBD Buckman Rd, Chama, NM 87520

$2,710,500

— beds— baths— sq ft

TBD Buckman Rd, Chama, NM 87520

Property at 5 Bear Run, Tierra Amarilla, NM 87520

$239,900

— beds— baths— sq ft

5 Bear Run, Tierra Amarilla, NM 87520

Property at 555 Terrace Ave, Chama, NM 87520

$108,000

— beds— baths— sq ft

555 Terrace Ave, Chama, NM 87520

Property at Unit 4 Lakeview, Chama, NM 87520

$85,000

— beds— baths— sq ft

Unit 4 Lakeview, Chama, NM 87520

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Average home prices near 87520, NM

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87520, NM real estate trends

All Home Types trends in 87520, NM

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$315,000

-7.8% YoY | Oct 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Oct 2025

Growth

% YoY

87520, NM

$315,000

-7.8%

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