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About This Home
This 0-bedroom, 0-bathroom single family at 203 NM Highway 3 in Ribera, NM is listed for $579,000 ($124 per sqft). Built in 1935, the home offers 4,670 sqft of living space on a 0.86 acres lot.
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.
Key Features
- Built in 1935
- 0.86 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,097/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
203 NM Highway 3
Ribera, NM 87560
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 203 NM Highway 3 is listed at $579,000 ($124/sqft). The estimated monthly payment is $2,509 based on 20% down at 6.5% interest.
Key features include: Built in 1935, 0.86 acre lot. Interior Features: NoInteriorSteps.
This property is listed by Kitty Ballard-Ryan and can be reached at 5056709621 or realtorkittywow@gmail.com.


