About This Home

This 5-bedroom, 4-bathroom single family at 301 N Caribel Tr in Red River, NM is listed for $735,000 ($275 per sqft). Built in 1939, the home offers 2,675 sqft of living space on a 0.45 acres lot.

Key Features

  • Built in 1939
  • 0.45 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
3 full, 1 half
2-car garage
1939

Amenities

Fireplace
Listing Description

Discover the best of both worlds with this spacious 2,675 sq ft mountain home, offering the rare combination of seclusion and in-town convenience in the popular tourist destination of Red River, New Mexico. Featuring 5 bedrooms, 3.5 baths, and a 2-car garage, this property provides plenty of room for family, friends, and guests to gather and enjoy the mountains.

Tucked away in a peaceful setting while still being conveniently located in town, the home offers a welcome escape from the hustle and bustle without sacrificing access to Red River's shops, restaurants, skiing, fishing, hiking, and year-round outdoor recreation.

The generous floor plan provides ample space for large groups, making this home especially well suited for a vacation getaway or investment property. The property could function as 2 separate rentals or be rented out in it's entirety as the property also offers 2 kitchens, 2 living areas, and 2 sets of washer/dryer!

The property has previously operated as a short-term rental and comes with a good rental history, offering an attractive opportunity for buyers looking to continue generating income while enjoying their own mountain retreat. With its substantial living space, 5-bedroom layout, 2-car garage, secluded setting, and convenient in-town location, this property checks many of the boxes sought by both vacation-home buyers and investors.

Come experience the mountain lifestyle and discover why Red River continues to be one of Northern New Mexico's favorite year-round destinations.

Monthly Cost Estimate

$3,931/mo

20% down · 6.5% · 30 years

Principal$532
Interest$3,185
Insurance$214

Estimates only. Actual payments may vary.

Location

301 N Caribel Tr

Red River, NM 87558

Red River Townsite

Property Details

Construction

Frame

Parking

Garage

Heating

WoodWood Stove

Appliances

DryerWasher

Questions & Answers

This 5-bedroom, 4-bathroom single family at 301 N Caribel Tr is listed at $735,000 ($275/sqft). The estimated monthly payment is $3,931 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1939, 0.45 acre lot, 2 stories, Fireplace.

This property is listed by Cimarron Dugas.

CD

Cimarron Dugas

License REC-2023-1094

Agent at M Realty

Listed by M Realty · Broker phone: 5757542459 · View on Broker Site

MLS# 115583· Source: Enchanted Circle Association of REALTORS®· 63 days on PropertySimple

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

301 N Caribel Tr, Red River, NM 87558

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