About 203 Nm Highway 3
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.
Features of 203 Nm Highway 3
| MLS® # | 202601555 |
|---|---|
| Price | $579,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,670 |
| Acres | 0.86 |
| Year Built | 1935 |
| Type | Residential |
| Sub-Type | Live Work |
| Style | Northern New Mexico, One Story |
| Status | Active |
Community Information
| Address | 203 Nm Highway 3 |
|---|---|
| Area | 28-San Miguel Cnty |
| City | Ribera |
| County | San Miguel |
| State | NM |
| Zip Code | 87560 |
Amenities
| Utilities | Septic Available, Water Available, Electricity Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Wood |
|---|---|
| Interior Features | No Interior Steps |
| Heating | Ductless, Wood Stove |
| Cooling | Ductless, Refrigerated |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Adobe, Rock |
|---|---|
| Roof | Metal |
| Construction | Adobe, Rock |
School Information
| Elementary | Unknown |
|---|---|
| Middle | Unknown |
| High | Unknown |
Additional Information
| Date Listed | April 14th, 2026 |
|---|---|
| Days on Market | 29 |
| Zoning | Other,Rural Residential |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Kitty Ballard-ryan |
|---|---|
| Office | Berkshire Hathaway HomeService |
