203 NM Highway 3 Ribera, NM 87560
3,100 Sq. Ft. / 37,462 Sq. Ft., 0.86 acres lot size / Single Family
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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
Type
Single Family
Status
Active
County
San Miguel
Year Built
1935
Sq. Ft.
4,670
Lot Size
37,462 Sq. Ft., 0.9 acres
Listing Id
202601555
Courtesy Of
Kitty Ballard - Berkshire Hathaway HomeService +1 505 670 9621
List Office Phone
+1 (505) 982-0330
Interior Features
Living Area Units
Sq. Ft.
Flooring
Wood
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Wood
Stove
Stove
Building Area Total
4,670 Sq. Ft.
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
07/14/2026
07/14/2026
|
Active |
$499,000
|
Santa Fe Association of Realtors |
|
04/14/2026
04/14/2026
|
Active |
$579,000
|
Santa Fe Association of Realtors |
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Market Trends
Source: Constellation1
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