# 203 State Highway 3, Ribera, NM 87560

> **TL;DR:** 5bd/2ba single family, $499,000 ($139/sqft), built 1935, 3,579 sqft.
> Fireplace, A/C. Est. $2,669/mo. Listed 5 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,000 |
| Price/sqft | $139 |
| Bedrooms | 5 |
| Bathrooms | 1 full |
| Square Feet | 3,579 |
| Year Built | 1935 |
| Lot Size | 37,462 sqft (0.86 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 5 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,523 |
| Estimated Insurance | $146 |
| **Total** | **$2,669** |

## Nearby Schools

- **High:** West Las Vegas High

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1935
- 0.86 acre lot
- 10 parking spaces
- Fireplace

## Description

### Agent Description
A charming compound: two homes and a very large studio that was historically a dance hall 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 studio - commercial building. It is vacant and ready to move in and has rented for $1,500 per month in the past. The guest house casita has 30 inch rock walls, 2 bedrooms, 1 bathroom, a covered portal porch, wood stove, and is fully fenced. It has rented for $1,100 per month, and it has its own electric meter. The Sala studio - 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. Great 1031 exchange. Seller open to paying for interest rate buy down with acceptable offer.

## Location

- **Address:** 203 State Highway 3, Ribera, NM 87560
- **County:** San Miguel
- **Coordinates:** 35.3738746, -105.450026
- **Google Maps:** https://www.google.com/maps?q=35.3738746,-105.450026

## Virtual Tour & Media

- **Video Tour:** https://player.momenzo.com/?id=6adbe3e1de06f788b35318ad&$web_only=true&_branch_match_id=1396620503276941966&utm_source=web&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXz83PTc2rytdLLCjQy8nMy9ZP1Q83swxIrfCLKDFPsq8rSk1LLSrKzEuPTyrKLy9OLbJ1zijKz00FAAEAEIFAAAAA

## Listing Agent

- **Name:** Kitty Ballard-Ryan · **License:** 52145
- **Brokerage:** Berkshire Hathaway HomeService
- **Broker Phone:** 5059820330
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/203-State-Highway-3_Ribera_NM_87560_M97810-98618?f=listhub&s=SFARNM&m=202604544&c=propsimple)

## Photos

![203 State Highway 3 - Photo 1](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f552505988r.jpg)

![203 State Highway 3 - Photo 2](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f907494056r.jpg)

![203 State Highway 3 - Photo 3](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f3941852120r.jpg)

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![203 State Highway 3 - Photo 27](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f579520071r.jpg)

![203 State Highway 3 - Photo 28](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f801563890r.jpg)

![203 State Highway 3 - Photo 29](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f1935804062r.jpg)

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![203 State Highway 3 - Photo 31](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f3320064332r.jpg)

![203 State Highway 3 - Photo 32](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f1818322020r.jpg)

![203 State Highway 3 - Photo 33](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f2552309599r.jpg)

![203 State Highway 3 - Photo 34](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f134911031r.jpg)

![203 State Highway 3 - Photo 35](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f3421603997r.jpg)

![203 State Highway 3 - Photo 36](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f997131840r.jpg)

![203 State Highway 3 - Photo 37](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f3737383940r.jpg)

![203 State Highway 3 - Photo 38](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f91441509r.jpg)

![203 State Highway 3 - Photo 39](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f3419530366r.jpg)

![203 State Highway 3 - Photo 40](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f1549386375r.jpg)

![203 State Highway 3 - Photo 41](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f1260460511r.jpg)

![203 State Highway 3 - Photo 42](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f1364386541r.jpg)

![203 State Highway 3 - Photo 43](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f1852896234r.jpg)

![203 State Highway 3 - Photo 44](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f1635905366r.jpg)

![203 State Highway 3 - Photo 45](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f2534285905r.jpg)

![203 State Highway 3 - Photo 46](http://lh.rdcpix.com/8719551a0bd11ddc77a978880aedaa22l-f2445786572r.jpg)

---

**MLS#:** 202604544 | **Updated:** 2026-10-26
**Source:** listhub

*Copyright © 2026 Santa Fe Association of REALTORS&#174;, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/203-state-highway-3-ribera-nm-87560-3f35e483248142228a4a5cf428a7a2f3)

---

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