203 Highway 3

—
Baths
3,100 Sq. Ft.
$187 / Sq. Ft.
3,100
Sq. Ft.
$187
per Sq. Ft.

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...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.
  1. Listed by Kitty Ballard-Ryan • Berkshire Hathaway HomeService
    P: (505)-670-9621 C: (505)-670-9621 realtorkittywow@gmail.com

Property Details for 203 Highway 3

Architectural Style
Northern New Mexico, One Story
Zoning
Other,Rural Residential
LISTING UPDATED: 05/09/2026 07:39 AM

Property Details for 203 Highway 3

StatusActive
MLS #202601555
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeOther
MLS TypeResidential / Live Work
Year Built1935
Lot Size0.86 AC / 37,461 SF
CountySan Miguel County

Location

Listing Courtesy of Berkshire Hathaway HomeService
Add your commute

Building Information for 203 Highway 3

Stories-Residences-Year Built1935Lot Size0.86 AC / 37,461 SF

Payment Calculator

$2,885 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,885

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 203 Highway 3

Summary
Location and General Information
  • Directions: On Interstate 25 take the exit for Villanueva State Park and head south until you get to village of Ribera a couple of miles down. The properties are on the left side.
  • Latitude: 35.3738746
  • Longitude: -105.450026
  • MLS Area Minor: 28-San Miguel Cnty
Taxes and HOA
  • Has Association: No
  • Parcel Number: 380360
  • Tax Legal Description: TRACT: 2 S: 10 T: 13 R: 14 TRACT 2 W/IN NW4 SEC10 T13 R14 PLAT BK 31 PG 279
  • Universal Parcel Id: urn:reso:upi:2.0:US:35047:380360
School Information
  • Elementary School: Unknown
  • High School: Unknown
  • Middle Or Junior School: Unknown
Parking
  • Has Garage: No
Property
Lot Information
  • Lot Size Acres: 0.86
  • Lot Size Area: 0.86
  • Lot Size Units: Acres
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 37243.8
Property and Assessments
  • Building Area Total: 4670.0
  • Documents Available: Survey, Tax Information
  • Living Area: 3100.0
  • Living Area Source: Estimated
  • Living Area Units: Square Feet
  • Possible Use: Mixed Use, Office, Other, Retail, Warehouse
  • Property Sub Type: Live Work
  • Property Type: Residential
  • Universal Property Id: US-35047-N-380360-R-N
  • Year Built: 1935
  • Year Built Source: Public Records
Building Features
  • Accessibility Features: Not Ada Compliant
  • Building Features: Living Area, Other, See Remarks
  • Construction Materials: Adobe, Rock
  • Other Structures: Outbuilding
Utilities
  • Electric: Volts220
  • Sewer: Septic Tank
  • Utilities: Septic Available, Water Available, Electricity Available
  • Water Source: Community Coop
Interior and Exterior Features
Interior Features
  • Has Basement: No
  • Bathrooms Total Integer: 0
  • Cooling: Ductless, Refrigerated
  • Has Cooling: Yes
  • Has Fireplace: No
  • Flooring: Wood
  • Heating: Ductless, Wood Stove
  • Interior Features: No Interior Steps
Exterior Features
  • Roof: Metal
Rental
Rent Information
  • Has Lease Considered: No
  • Owner Pays: Other, See Remarks
  • Sale Or Lease Indicator: For Sale
Tenant Information
  • Business Type: Other

Property History for 203 Highway 3

DateEvent & SourcePriceAppreciation
Apr 14, 2026

Listed (Active)

Santa Fe Association of REALTORS #202601555

$579,000—
DateEvent & SourcePrice
04/14/2026

Listed (Active)

Santa Fe Association of REALTORS #202601555

$579,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 203 Highway 3

This home is within West Las Vegas Public Schools.
Rating
School
Type
Grades
Distance
Public - 5
Charter - K to 8
Public - 9 to 12
Public - 4
Rating
School
Distance
Union Elementary School
Public5

Rio Gallinas School
CharterK to 8

W Las Vegas High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

203 Highway 3 is for sale in Ribera, NM 87560. This property was listed for sale on April 14, 2026 by Berkshire Hathaway HomeService, it's currently listed at $579,000. This listing's school district is West Las Vegas Public Schools. Nearby schools include Union Elementary School, Rio Gallinas School and W Las Vegas High School. 203 Highway 3 is a 0-bed, 0-bath, 3,100 sqft built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeService

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Compass and its related brokerages. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.