Rio Chama Frontage and Charming Cottonwood Bosque! 120 acres with over 2/3 mile of the Rio Chama in Georgia O'Keeffe country. Think classic New Mexico landscape views with live water and colorful bosque in the foreground. This section of the Rio Chama is well known for its large wild brown trout. Pack your fly rod, bring the horses, and come build your dream home. Or just be silent, listen to the river and watch the wildlife. The property has good soils and 50 gpm well. While this pristine get-a-way lends itself nicely to a gentleman's vineyard or upscale horse property, it should also prove to be a great investment. The property has been subdivided into 38 legal lots, but no improvements have been made. Thus the property is a great candidate for a conservation easement and a substantial state tax credit. Ten miles southeast of Abiquiu - only 45 minutes from Santa Fe. Reduced to $439,000!