Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Mountain Properties
Property view
Listing view 2
Listing view 3

38429 Us Hwy 285, 
Tres Piedras, NM 87577

$540,000


5

Beds


7

Baths


6,400

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Gabe Traister

The Walking Rain Group Of Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

575-758-8673

Last updated:

June 11, 2025, 07:46 PM

MLS#

113430

Source:

NM TCAR

About This Home

38429 Us Hwy 285

Welcome to the Chili Line Depot—named in honor of the historic D&RG narrow gauge railway that once connected Antonito, Colorado to Santa Fe, New Mexico from 1887 to 1941. Located in the heart of Tres Piedras, this unique property blends commercial and residential use and is currently home to a well-known restaurant and B&B. The building includes two guest rooms with private baths that are rented regularly, a two-bedroom, one-bath apartment with its own balcony, a spacious upstairs caretaker’s unit with a private deck and sweeping views of the Sangre de Cristo Mountains, and a upstairs two-room office with generous storage space. If you choose to continue operating the restaurant, it’s ready to go. The sale includes everything needed to hit the ground running: a full commercial kitchen, walk-in storage, stainless prep tables, dishwashing station, freezers, ovens, mixers, beer tap, linens, display cases, cutlery, dishware, and a fully furnished dining room. There’s also a stage in the main dining area that host's live music throughout the year. Outside, the charm continues with a covered flagstone patio for outdoor dining, a private hot tub surrounded by vine-covered fencing, mature trees, rock landscaping and walls, and a large greenhouse that supplies fresh vegetables during the summer. The property spans 1.19 acres, is connected to community water, and operates on its own septic system. The roof and stucco have both been recently redone. With over 6,400 square feet of heated space, this property offers plenty of options: continue the restaurant and B&B, convert it into a private home, or explore other uses entirely. A large parking area right of Highway 285 is perfect for motorhomes, bikers, and motorists to stop by and visit! The adobe structure itself is over 100 years old and full of history—it once served as a lively bar and dancehall, even hosting a young Glen Campbell, who played here with The Dick Bills Band and The Sandia Mountain Boys. The property is being sold without financials, and no value has been placed on the business itself in the listing price. All furnishing and equipment is included in the sale other than a small list of exclusions. For more about the Chili Line Depot’s unique past, see the associated documents. Whether you're drawn by the potential or the history, this is a special property well worth a visit.

Home Facts

Single Family

7 Baths

5 Bedrooms

Built in 1920

Price Summary

540,000

$84 per Sq. Ft.

MLS #:

113430

Last Updated:

June 11, 2025, 07:46 PM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

5

Interior

Living Area:

6,400 Sq. Ft.


Structure

Structure

Architectural Style:

Territorial

Building Area:

6,400 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

51,836


Finances & Disclosures

Finances

Price:

$540,000

Price per Sq. Ft:

$84 per Sq. Ft.

38429 Us Hwy 285
MLS Logo
Copyright "2025"Lincoln County Multiple Listing Service

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.