201 203 Silver Bell Trail S, Red River, NM 87558

RARE RIVERFRONT COMPOUND IN THE HEART OF RED RIVER Two homes. One exceptional opportunity. This is the kind of property people come to Red River to find and rarely do. Two side-by-side mountain homes, one sitting directly over the Red River with a deck built out above the water.

The second home is just steps away and includes its own private hot tub. Together, they create a true mountain compound designed for gathering, relaxing, and generating income. Built in 2015 and offered fully furnished and turnkey, these homes are established short-term rentals with a strong history of guest demand.

Each home is a 3 bedroom, 2 bathroom layout with an upstairs sitting lounge and comfortably sleeps up to 8 guests, allowing for a total capacity of 16. Inside, both homes feature open-concept living spaces with warm mountain finishes, including hickory cabinetry, granite countertops, wood-plank ceilings, and stacked-stone electric fireplaces.

Kitchens are fully equipped with stainless appliances, including a gas range, dishwasher, microwave, and French door refrigerator. Radiant floor heating keeps both homes comfortable through the winter months. The riverfront home delivers a one-of-a-kind experience with the sound of the Red River running just below the deck.

Both covered outdoor spaces face the Red River Ski Area, with ski run views visible year-round, and include seating, dining areas, and natural gas grills. The second home adds a private hot tub, with views of the ski area, for an additional guest amenity that drives rental appeal.

Located in-town and within walking distance to Main Street, restaurants, shopping, and the ski area base, this property offers the convenience today's buyers are looking for. Whether you choose to live in one and rent the other, operate both as income-producing short-term rentals, or create a private retreat for family and guests, this setup offers flexibility that is hard to find in Red River. Sold together as one package.