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Short-Term Rental Property with Retail
For Sale
$950,000

28358 Highway 64, Eagle Nest, NM 87718

CommercialSale, Eagle Nest, NM

Property SizeContact for details
Lot Size6.50 Acres
Days on Market107

Property Features for 28358 Highway 64

General Information

Property type Commercial Sale
Property subtype Other
Zoning description General Commerc
Fireplace 1
Subdivision West Lake
Directions from Eagle Nest head west on 64 toward Angel Fire. On the corner of Elk Lane and Hwy 64 is the property, look for sign.
Standard status Active
Lot size 6.50 Acres

Taxes and HOA fees

Tax Description Subd: 2nd Westlake all Block 22 Less MS46-P426 (H/W; 1.4 acres)
Legal Description Subd: 2nd Westlake all Block 22 Less MS46-P426 (H/W; 1.4 acres)

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Fireplace(s)
Water source Public

Amenities

commercial kitchen
fireplace

Building Details

Number of units 10
Building materials WoodSiding, Frame
Roof type Metal
Listing Agency: American West Ranches, Homes, & Land LLC
Listed By: Stacie Ewing · License #43956
Added: May 21 Changed: Sep 3 Last Checked: Sep 4 at 12:06PM
MLS# 115040

Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Set on 6.5 acres in Eagle Nest, New Mexico, this short-term rental property includes 10 rental units alongside a retail store. Six units are used as vacation rentals, while four function as full-time apartments. The main building previously operated as a restaurant or cafe, and its commercial kitchen remains in place for potential future reopening.

The cabins feature fireplaces, electric heat, and propane heat. Four units have new doors. The property is served by public water and a septic tank, with propane available on site. A metal roof and wood-frame construction are among the existing building features. Located at 28358 Highway 64, the property also includes the established Airbnb access, website, and phone number associated with the rental operation.

Key Highlights

  • 10 rental units, including 6 vacation rentals and 4 full‑time apartments
  • 6.5 acres at 28358 Highway 64 in Eagle Nest, NM
  • Main building currently operates as a retail store

Property Analytics

Current Use

Short term rental ...

Lease Details

10
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 87718, NM

642
Population
842
Households
0.8
Avg Household Size
55
Median Age
19%
College-Educated
98%
High-School Grad
177.0 sq mi
ZIP Area
4
Density / Sq Mi
$46,313
Median Household Income
$950
Median Rent
$170,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Guest accommodations, apartments, and a retail store share a six-acre-plus property with an existing commercial kitchen.
Where is this short term rental property located?
The property is located at 28358 Highway 64 Eagle Nest, NM.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 10 rental units, including 6 vacation rentals and 4 full‑time apartments; 6.5 acres at 28358 Highway 64 in Eagle Nest, NM; Main building currently operates as a retail store
More about this property
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