Elkhorn Lodge-36 Units, Huge Potential!
2663 US-84, Chama, NM 87520
- $2.8M
- 9 ac
Welcome to paradise, set on 8.5± wooded acres where the Rio Chama runs along the Western boundary, the Elkhorn Lodge is one of the most distinctive riverfront properties in Northern New Mexico and one of the only lodging properties in the Chama Valley with direct river frontage.Established in 1951 and operating continuously ever since, the lodge has been a fixture of the Chama Valley for seventy-five years, serving generations of travelers as both a mountain retreat and a community gathering place. It sits at the southern gateway to Chama Village on US Highway 84. The first lodging property every visitor passes on the way into town, complete with a classic ranch-style entrance, mature cottonwoods and pines shading grass-covered grounds, and open views to the Cumbres Mountains to the North. The property is operational today and under professional management, offering a new owner a running business rather than a project.The offering includes 36 accommodation units across three distinct product types: 22 motel-style rooms with private baths and private porches, 12 individually themed country cabins with full kitchens sleeping two to ten guests, and two seasonal units. Complemented by a full-hookup RV site and eight dry campsites. Guests enjoy a covered events pavilion, a riverfront fire pit, two horse corrals, a dog-friendly river trail, a children's play area, barbecue grills, and trout fishing steps from the door. A 1,200± square-foot two-bedroom owner's/manager's quarters allows an owner-operator to live on site.The location is the property's quiet advantage. The Cumbres & Toltec Scenic Railroad, a National Historic Landmark and one of the last surviving narrow-gauge steam railroads in America is only 2.7 miles away. Sargent Wildlife Management Area is 3.8 miles, Heron Lake State Park is just up the road, and Ghost Ranch and Georgia O'Keeffe's Abiquiú country lie 43 miles South. Three national forests, blue-ribbon trout water, and some of New Mexico's best elk and mule deer country surround the valley. That mix draws four distinct groups of travelers anglers, hunters, outdoor recreation visitors, and cultural travelers all on top of the railroad's national following, giving the valley unusually well-rounded demand for a town its size. "Frommer's" Travel Guide has called Chama "New Mexico's undiscovered Durango — without the masses."Seventy-five years of history, an irreplaceable riverfront setting, and real room for a new owner to leave their mark. Rare opportunity with huge growth potential. Call or email us for more info…….Steve Grant - 505-238-0308 8.5± acres of Rio Chama riverfront — one of the only lodging properties in the Chama Valley with direct river frontage; mature cottonwood and pine canopy, grass grounds, and Cumbres Mountain views.36 accommodation units across three product types — 22 motel rooms with private baths and porches, 12 individually themed country cabins with full kitchens (sleeping 2–10), and 2 seasonal units.Plus a full-hookup RV site and 8 dry campsites (potential) — multiple price points reaching multiple traveler segments year-round.Covered events pavilion and riverfront fire pit — an established setting for weddings, family reunions, and group retreats, with room to grow the events side of the business.Two horse corrals on site — serving equestrian travelers, hunting parties, and trail riders; an amenity almost no competing property in the region can offer.Trout fishing directly on the property — brown and rainbow trout in the Rio Chama, no vehicle or guide required.Gateway location on US-84 — the first lodging property at the southern approach to Chama Village, with strong highway visibility and a ranch-style entrance.Surrounded by Northern New Mexico's best recreation — Cumbres & Toltec Scenic Railroad 2.7 mi, Sargent Wildlife Management Area 3.8 mi, Heron Lake State Park nearby, Ghost Ranch and Abiquiú 43 mi, with three national forests and premier elk and mule deer country at the doorstep.Owner's/manager's quarters — 1,200± sq. ft., 2 bedrooms / 1 bath, allowing true owner-operator living on site.Four distinct traveler markets feed the valley — anglers, hunters, outdoor recreation visitors, and cultural travelers, on top of the Cumbres & Toltec's national following; demand that isn't dependent on any single season or audience.Operating continuously since 1951 and professionally managed today — a running business with an established guest base, not a project to restart.Seventy-five years of name recognition, with room to add value — the land, river, and location are irreplaceable; cabin and room refreshes, expanded wedding and events programming, and activating the RV and camping inventory offer a new owner a clear path to build on what's already here.Financial & additional information is available to qualified buyers upon execution of a confidentiality agreement (NDA).Steve Grant - GP Real Estate, LLC - Keller Williams Realty #52493 - 505.238.0308 - steve@grantprop.com - (Note: Steve & Kara Grant are 15 years veterans a former Bed & Breakfast operation - Albuquerque, NM - they know the hospitality business.)
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