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203 Nm Highway 3

Ribera, NM 87560
  • $579,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 202601555
$579,000
  • 0
    BEDS
  • 0.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,670
    SQFT
  • $124
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1935
County:

School Information

Elementary School:
Middle School:
High School:

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.

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Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-06-13T23:51:32.58.
www.theverybestofsantafe.com/homes/175181239
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203 Nm Highway 3 Ribera, NM 87560

  • Price: $579,000
  • Status: Active
  • On Site: 60 Days
  • MLS #: 202601555
0
Beds
0
Baths
0
½ Baths
0.86
Acres
4,670
SQFT
$124
$/SQFT
1935
Built
Neighborhood:
28-San Miguel Cnty
County:
San Miguel
Area:
28-San Miguel Cnty
Elementary School:
Unknown
Middle School:
Unknown
High School:
Unknown
Property 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.
Exterior Features

Architectural Style Northern New Mexico One Story Construction Materials Adobe Rock Garage YN No Other Structures Outbuilding Roof Metal

Interior Features

Basement YN No Cooling Ductless Refrigerated Cooling YN Yes Electric 220 Volts Fireplace YN No Flooring Wood Heating Ductless Wood Stove Interior Features No Interior Steps Living Area 3100

Property Features

Accessibility Features Not ADA Compliant Building Features Living Area Other See Remarks Business Type Other Disclosures Lead Based Paint Disclosure Lease Considered YN No Listing Terms Cash Conventional1031 Exchange New Loan Owner Pays Other See Remarks Possible Use Mixed Use Office Other Retail Warehouse Property Sub Type Live Work Sale Or Lease Indicator For Sale Sewer Septic Tank Special Listing Conditions Standard Utilities Septic Available Water Available Electricity Available Water Source Community / Coop Zoning Other Rural Residential

Santa Fe Association of Realtors logo Listing provided courtesy of Katherine Ballard-Ryan of Berkshire Hathaway HomeService: (505) 982-0330. © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-06-13T23:51:32.58.
 
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The Very Best Santa Fe Team - Keller Williams
130 Lincoln Avenue, Suite K
Santa Fe NM, 87501