203 NM Highway 3, Ribera, NM 87560
203 NM Highway 3, Ribera, NM 87560
203 NM Highway 3, Ribera, NM 87560
32
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$579,000
Est. payment /mo
3,100 SqFt
New

203 NM Highway 3 Ribera, NM 87560

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Key Details

Property Type Single Family Home

Sub Type Live Work

Listing Status Active

Purchase Type For Sale

Square Footage 3,100 sqft

Price per Sqft $186

MLS Listing ID 202601555

Style Northern New Mexico,One Story

HOA Y/N No

Year Built 1935

Lot Size 0.860 Acres

Acres 0.86

Property Sub-Type Live Work

Property Description

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!

Location

State NM

County San Miguel

Zoning Other,Rural Residential

Interior

Interior Features No Interior Steps

Heating Ductless, Wood Stove

Cooling Ductless, Refrigerated

Flooring Wood

Fireplace No

Exterior

Utilities Available Septic Available, Water Available, Electricity Available

Water Access Desc Community/Coop

Roof Type Metal

Accessibility Not ADA Compliant

Private Pool No

Building

Sewer Septic Tank

Water Community/Coop

Architectural Style Northern New Mexico, One Story

Additional Building Outbuilding

Schools

Elementary Schools Unknown

Middle Schools Unknown

High Schools Unknown

Others

Tax ID 380360

Acceptable Financing Cash, Conventional, 1031 Exchange, New Loan

Listing Terms Cash, Conventional, 1031 Exchange, New Loan

Special Listing Condition Standard


Santa Fe MLS (SFARMLS)
Listed by Kitty Ballard-Ryan • Berkshire Hathaway HomeService

NEARBY SCHOOL & BUSINESS

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Ryan Maupin

Ryan Maupin

Associate Broker | License ID: 52280

+1(505) 412-3125

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203 NM Highway 3