203 NM Highway 3

$579,000

1 of 32

203 NM Highway 3

$579,000

  • 4670 sqft

Contact Presenting Broker

    Laurie Farber-Condon

    505.412.9912

    Key Features

    • MLS: 202601555
    • Status: Active
    • Price: $579,000
    • Area: 28-San Miguel Cnty
    • Type: Live Work
    • Acres: 0.86
    • Total Sqft: 4,670

    About this Property

    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!

    Additional Features

    • Type Live Work
    • Style Northern New Mexico, One Story
    • Days On Market 1
    • UtilitiesSeptic Available, Water Available, Electricity Available
    • Interior FeaturesNo Interior Steps
    • HeatingDuctless, Wood Stove
    • FlooringWood
    • Construction MaterialsAdobe, Rock
    • RoofMetal
    • Other StructuresOutbuilding
    • SewageSeptic Tank

    Schools

    • Elementary School: Unknown
    • Junior High School: Unknown
    • High School: Unknown

    Listing Brokerage

    IDX listing

    Katherine Ballard-Ryan

    Berkshire Hathaway HomeService

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    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 Santa Fe Properties are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.