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For sale
  • $579,000

    203 State Highway 3, Ribera, NM 87560

    --beds
    --baths
    4,670sqft
    : 
    Single Family Residence
    Built in 1935
    0.86 Acres Lot
    $-- Zestimate®
    $124/sqft
    $-- HOA

    What's special

    New electricalNew mini-splitsLaundry roomGranite countersFully fencedHigh ceilingsViews of the mesa
    A charming compound: two homes, a commercial building, 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 granite counters, new electrical, new mini-splits, and so much more. The first home is an adobe with 3 bedrooms, living room, 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, 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!
    4 hours
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    15
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kitty Ballard-Ryan 505-670-9621,

    Berkshire Hathaway HomeService 505-982-0330

    Source: SFARMLS,MLS#: 202601555MLS LogoOriginating MLS: Santa Fe Association of REALTORS

      Facts & features

      Interior

      Heating
      • Ductless, Wood Stove
      Cooling
      • Ductless, Refrigerated
      Features
      • No Interior Steps
      • Flooring: Wood
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 4,670
      • Total interior livable area: 4,670 sqft

      Property

      Accessibility
      • Accessibility features: Not ADA Compliant
      Lot
      • Size: 0.86 Acres
      Details
      • Additional structures: Outbuilding
      • Parcel number: 380360
      • Zoning: Other,Rural Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Northern New Mexico,One Story
      • Property subtype: Single Family Residence
      Materials
      • Adobe, Rock
      • Roof: Metal
      Condition
      • Year built: 1935

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Septic Tank
      • Water: Community/Coop
      • Utilities for property: Septic Available, Water Available, Electricity Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Ribera

      Financial & listing details

      • Price per square foot: $124/sqft
      • Date on market: 4/14/2026
      • Listing terms: Cash,Conventional,1031 Exchange,New Loan
      • Electric utility on property: Yes
      Kitty Ballard-Ryan

      Kitty Ballard-Ryan

      (505) 670-9621

      By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        4/14/2026Listed for sale$579,000$124/sqft
        Source: SFARMLS #202601555 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Est. payment
        $3,256/mo
        Principal & interest
        $2986
        Property taxes
        $270
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          Climate risks

          Neighborhood: 87560

          Getting around

          6 / 100
          Car-Dependent
          17 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating