Riverfront Motel with
For Sale
$2,795,000
2663 U.S 84, Chama, NM 87520
Commercial Sale, Chama, NM
Property SizeContact for details
Lot Size8.50 Acres
Days on Market99
Property Features for 2663 U.S 84
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
ABQ Bernalillo
Parking
38
Directions
The property is located approx. 1-2 miles South of the town Chama, NM - just off of US Highway 84 at the Southern approach.
Subdivision
570 - Rio Arriba
Standard status
Active
APN
1017182192216
Lot size
8.50 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Taxes and HOA fees
Tax Description
S: 26 T: 31N R: 03E 8.45 AC. ''ELK HORN LODGE''
Tax Annual Amount
19859
Legal Description
S: 26 T: 31N R: 03E 8.45 AC. ''ELK HORN LODGE''
Amenities
covered events pavilion
riverfront fire pit
horse corrals
dog-friendly river trail
children's play area
barbecue grills
trout fishing
Building Details
Floors in Building
1
Listing Agency:
Keller Williams Realty
(505) 271-8200
Listed By:
Steven A Grant · License #52493
(505) 238-0308
Added: Jul 28
Changed: Oct 30
Last Checked: Nov 3 at 4:06PM
MLS# 1111004
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Elkhorn Lodge is a lodging property on 8.5+/- acres, with the Rio Chama forming its western boundary. The accommodation mix includes motel rooms with private baths and porches, themed cabins with full kitchens, seasonal units, an RV site, and dry campsites. A two-bedroom owner/manager residence provides on-site housing. Guest amenities include an events pavilion, riverfront fire pit, horse corrals, a trail beside the river, a play area, grills, and access to trout fishing. The property has operated since 1951 and is located on US Highway 84 at the southern approach to Chama.
The Cumbres & Toltec Scenic Railroad is 2.7 miles away, and Sargent Wildlife Management Area is 3.8 miles from the lodge. Heron Lake State Park is also identified as a nearby destination; Ghost Ranch and the Abiquiu area are 43 miles south.
The Cumbres & Toltec Scenic Railroad is 2.7 miles away, and Sargent Wildlife Management Area is 3.8 miles from the lodge. Heron Lake State Park is also identified as a nearby destination; Ghost Ranch and the Abiquiu area are 43 miles south.
Key Highlights
- 8.5+/- acres with the Rio Chama along the western boundary
- 36 accommodation units: 22 motel rooms, 12 cabins, and two seasonal units
- Cabins have full kitchens; motel rooms include private baths and porches
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
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Business Placement
Demographics for 87520, NM
1,448
Population
1,329
Households
1.1
Avg Household Size
52
Median Age
29%
College-Educated
83%
High-School Grad
259.1 sq mi
ZIP Area
6
Density / Sq Mi
$59,583
Median Household Income
$49,327
Median Earnings
$529
Median Rent
$207,200
Median Home Value
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Similar Off Market Nearby
- Lodge & Ranch At Chama — 16253 S Chama Highway 84, Chama, NM 87520
- Elkhorn Lodge — 2663 US-84, Chama, NM 87520
- Spruce Lodge — 2643 US-84, Chama, NM 87520
- Chama River Bend Lodge — 2625 US-84, Chama, NM 87520
- Vista Del Rio Lodge — 2595 US-84 Frontage, Chama, NM 87520
Frequently Asked Questions
What type of property is this?
Motel - The lodging operation combines motel rooms, furnished cabins, camping options, and on-site manager housing.
Where is this motel located?
The property is located at 2663 U.S 84 Chama, NM.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: 8.5+/- acres with the Rio Chama along the western boundary; 36 accommodation units: 22 motel rooms, 12 cabins, and two seasonal units; Cabins have full kitchens; motel rooms include private baths and porches
