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Property view
Listing view 2
Listing view 3

203 Nm Highway 3, 
Ribera, NM 87560

$579,000


Bed


Bath


4,670

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Kitty Ballard-Ryan

Berkshire Hathaway Homeservice

505-982-0330

Last updated:

May 9, 2026, 04:04 PM

MLS#

202601555

Source:

NM SFAR

About This Home

203 Nm Highway 3

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.

Home Facts

Single Family

Built in 1935

Price Summary

579,000

$123 per Sq. Ft.

MLS #:

202601555

Last Updated:

May 9, 2026, 04:04 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

4,670 Sq. Ft.


Structure

Structure

Building Area:

4,670 Sq. Ft.

Year Built:

1935


Lot

Lot Size (Sq. Ft):

37,461


Finances & Disclosures

Finances

Price:

$579,000

Price per Sq. Ft:

$123 per Sq. Ft.

Source:NM SFAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.