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Beautiful New Mexico Style

Ribera, NM

$499,000

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Bedroom

-

Bath

-

Year Built

1935

Size

3,100 sf

Single-Family
Property Type

Single-Family

Property 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 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.

Property Details

Property ID

66813

Price

$499,000

Property Size

3,100 sf

Bathrooms

-

Year Built

1935

Property Type

Single-Family

Property Status

FOR SALE

Bedrooms

-

Address

Address

Map Address

City

State

Area

203 Nm Highway 3, Ribera, NM 87560

203 Nm Highway 3, Ribera, NM 87560

Ribera

NM

NM

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