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217 County Road 342, Chama, NM, 87520

3beds
4baths
2,452sqft
$725,000
$296price/sqft
$4,738/moest. monthly cost
$189,520/yrincome needed

About This Home

Nestled near Canones Creek in Northern New Mexico, this charming cabin offers the perfect blend of mountain living and peaceful seclusion. Located in a quiet neighborhood surrounded by abundant wildlife, towering trees, and scenic mountain views, you'll enjoy the beauty and tranquility of nature right outside your door. Whether you're looking for a family weekend getaway, vacation retreat, or a full-time residence, this property provides an ideal setting to relax, explore, and create lasting memories in the heart of Northern New Mexico.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

2/10
Chama Elementary SchoolGrades PK-56.3 mi
6/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Cabin

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Partial bathrooms: 1

Features

  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating

  • Heating features: Radiant

Interior Area

  • Total structure area: 2,452
  • Total interior livable area: 2,452 sqft

Property

Details

  • Parcel number: R002842

Features

  • Stories: 2
  • Exterior features: Deck

Lot

  • Lot size: 8.88 Acres

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Drought
Landslide

FEMA Declared Disasters in Rio Arriba County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$767$9,204
Property Taxes $132$1,584
Electricity $174$2,092
Total$4,738$56,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,445/yr
40% on housing$142,140/yr
45% on housing$126,346/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$296This listing

vs Other Active Listings

Avg $/sqft

ZIP 87520$288
Rio Arriba County$709

vs Homes Sold Last Month

Median $/sqft

ZIP 87520$114
Rio Arriba County$200

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$725,000

For Sale by Agent

AgentMariella Avalos
BrokerageUnited Country - Northern New Mexico Real Estate

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