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0 Pd 1788 Rd, Chama, NM, 87520

--beds
--baths
--sqft
$499,000
--price/sqft
$3,290/moest. monthly cost
$131,600/yrincome needed

About This Home

Located in the highly desirable Canones Creek Canyon, this 55.47-acre property offers an exceptional opportunity to build a mountain home, vacation cabin, or private camping retreat. The property includes approximately 22.5 acres of productive hay meadow with 55.44 acre feet of adjudicated irrigation water annually, according to New Mexico State Engineer records-a valuable asset that enhances both the beauty and usability of the land. Surrounded by views of the Canones Creek Gorge and the mountains of northern New Mexico and Colorado, the setting captures the best of the area's natural landscape. Whether you're looking for a peaceful retreat, a horse property, or a recreational getaway, this property provides the space and resources to make it your own. The irrigation system is currently being managed by a neighboring landowner under a gentleman's agreement in exchange for a portion of the annual hay production, allowing the fields to remain productive. Partially fenced and suitable for horses or cattle, the property also attracts abundant wildlife, with opportunities to apply through the New Mexico Department of Game and Fish for hunting permits. Located just a short drive from Chama, you'll enjoy the privacy of a scenic mountain setting while remaining close to year-round amenities, including shopping, restaurants, the Cumbres & Toltec Scenic Railroad, fishing, hiking, and access to the Carson National Forest.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

2/10
Chama Elementary SchoolGrades PK-50.4 mi
6/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Parcel number: 1019178440350

Features

  • Fencing: Cross Fenced
  • Has view: Yes

Lot

  • Lot size: 55.47 Acres

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 $2,523$30,276
Home Insurance *$528$6,336
Property Taxes $91$1,092
Electricity $148$1,780
Total$3,290$39,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,800/yr
40% on housing$98,700/yr
45% on housing$87,733/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 87520$292
Rio Arriba County$710

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
2026-07-01Listed for sale$499,000

For Sale by Agent

AgentMelissa Clark
BrokerageUnited Country - Northern New Mexico Real Estate

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