# 203 NM Highway 3, Ribera, NM 87560

> **TL;DR:** single family, $579,000 ($124/sqft), built 1935, 4,670 sqft.
> A/C. Est. $2,509/mo. Listed 48 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $579,000 |
| Price/sqft | $124 |
| Square Feet | 4,670 |
| Year Built | 1935 |
| Lot Size | 37,462 sqft (0.86 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 48 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,509 |
| **Total** | **$2,509** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1935
- 0.86 acre lot

## Description

### Agent 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.

## Location

- **Address:** 203 NM Highway 3, Ribera, NM 87560
- **County:** San Miguel
- **Coordinates:** 35.3738746, -105.450026
- **Google Maps:** https://www.google.com/maps?q=35.3738746,-105.450026

## Listing Agent

- **Name:** Kitty Ballard-Ryan
- **Brokerage:** Berkshire Hathaway HomeService
- **Phone:** 5056709621
- **Email:** realtorkittywow@gmail.com

## Primary Photo

![203 NM Highway 3 - Primary Photo](http://lh.rdcpix.com/c8eaa37123896a6bdb80034b6d3ede02l-f907494056r.jpg)

*46 total photos available on [listing page](https://www.propertysimple.com/listing/203-nm-highway-3-ribera-nm-87560-02601555)*

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**MLS#:** 202601555 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/203-nm-highway-3-ribera-nm-87560-02601555)

---

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