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

28358 Highway 64, Eagle Nest, NM 87718

COMMERCIAL - Eagle Nest, NM

Property SizeContact for details
Lot Size6.50 Acres
Days on Market95

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
electric heat
propane heat
brand new doors

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: Aug 19 Last Checked: Aug 23 at 1:06AM
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.

This short-term rental property combines a retail building with 10 rental units across 6.5 acres. The primary building is configured for retail and retains a commercial kitchen from its former restaurant/cafe use. Six units operate as vacation rentals, while four are full-time apartments. Cabin features include fireplaces, electric heat, and propane heat, with four units receiving new doors. The improvements also include wood siding, frame construction, metal roofing, propane service, public water, and a septic tank.

Located at 28358 Highway 64 in Eagle Nest, New Mexico, the property includes room for expansion or additional use of the remaining acreage. Airbnb access, the existing website, and the established phone number transfer with the property, supporting continuity for the current vacation-rental operation. The property has held Airbnb Superhost designation for 32 consecutive quarters.

Key Highlights

  • 10 rental units across 6.5 acres
  • Six vacation rentals and four full‑time apartments
  • Retail building retains a commercial kitchen from prior restaurant/cafe use

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Income-producing lodging property with an operating retail component and a commercial kitchen ready for potential reuse.
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 across 6.5 acres; Six vacation rentals and four full‑time apartments; Retail building retains a commercial kitchen from prior restaurant/cafe use
More about this property
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