Active

203 Nm Highway 3

Ribera, NM 87560

$579,000 $2,441/Mo

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Overview

Bed

Bath

3,100

Sqft

0.86

Acre(Lot)

Description

A charming compound: two homes, a commercial building we call the Sala, and lots of parking space in the village of Ribera provides the perfect live/work opportunity. Live in one home and rent out the other while you operate an art gallery or retail space where the Ribera Farmer's Market has been located. Both homes have that Southwestern Style with vigas, and both have been recently updated with new electrical, new mini-splits, and so much more. The first home is an adobe with 3 bedrooms, living room, mini splits, wood stove, granite counters, eat in kitchen, laundry room, a full bathroom, with two covered portal porches, and is fully fenced. It shares electric meter with the commercial building. It is vacant and ready to move in and has rented for $1,500 per month in the past. The second home has 30 inch rock walls, 2 bedrooms, 1 bathroom, a covered portal porch, wood stove, and is fully fenced. It is currently rented for $1,100 per month, and it has its own electric meter. The Sala commercial building is a large adobe and rock building with high ceilings and gorgeous vigas. There is plenty of parking all around, with views of the mesa and close to I-25 for a 20 minute drive to Las Vegas NM or 40 minutes to Santa Fe. Villanueva State Park is just down the road with camping and hiking. This beautiful New Mexico style compound has income and space to live and work in a beautiful environment! Be sure to watch both video tours in the video links.

Property Details

Property Type : Residential

Price : $579,000

AD Id : 77063571

MLS Id : 202601555

Lot Size : 0.86 Acre

Living Area Size : 3,100

Year Built : 1935

County : San Miguel

Map

What's Nearby

Nearby Areas

Features

Flooring Information

Wood
Roofing Information

Metal
Interior Features

Roof: Metal
Heating & Cooling

Has Heating: Yes Heating: Ductless, Wood Stove Has Cooling: Yes Cooling: Ductless

Building Information

Year Built: 1935 Building Area Total: 4670 Construction Materials: Adobe Private Pool: No

Lot Information

Main Square Feet: 0.86 Acres Lot Size Acres: 0.86 Lot Size Source: Public Records Lot Size Square Feet: 37243.8

Listing Price Information

Listing Price: $579000 Cash, Conventional, 1031 Exchange

Tax Information

Parcel Number: 380360 Tax Legal Desc: TRACT: 2 S: 10 T: 13 R: 14 TRACT 2 W/IN NW4 SEC10 T13 R14 PLAT BK 31 PG 279

Virtual Tour

Virtual Tour (External Link)

School Information

Elementary School: Unknown

Junior High School: Unknown

Senior High School: Unknown
Utility Information

Water Available, Electricity Available
Location Information

Direction: On Interstate 25 take the exit for Villanueva State Park and head south until you get to village of Ribera a couple of miles down. The properties are on the left side.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
26 Avenida De Tsosie, Ribera, NM, 87560	$185,000	3	2	1,200	1,200 SqFt
22 El Gasnate Road, Ribera, NM, 87560	$570,000	3	2	1,063	1,063 SqFt

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ByOwner last updated this listing 06/13/2026 @ 06:22

MLS: 202601555 LISTED BY: Katherine Ballard-Ryan, Berkshire Hathaway HomeService 505-982-0330 SOURCE: Santa Fe Association of REALTORS