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812 State Highway 3, Ribera, NM, 87560

2beds
2baths
1,869sqft
$475,000
$254price/sqft
$3,051/moest. monthly cost
$122,040/yrincome needed

About This Home

Purchase your own private sanctuary along the banks of the Pecos River. This picturesque property offers a rare blend of natural beauty, usable land, and thoughtful improvements—perfect for those seeking space, serenity, and a connection to the outdoors. The land features established fruit trees including apple, apricot, peach, and plum, along with mature grapevines, wildflowers, and room for gardening or small-scale agriculture. Enjoy multiple outdoor spaces for gatherings, camping, or simply relaxing. The Pecos River runs through the property, while an acequia with irrigation rights borders the eastern boundary. Water rights convey at 2.26 acre-feet. Stunning mountain views and the sound of the river create an unmatched setting. Improvements include a one-car carport, storage shed with attached chicken coop, and a fully renovated 2-bedroom, 2-bath manufactured home on a permanent foundation. Extensive updates provide modern comfort and peace of mind. 2025: plumbing, electrical, HVAC, windows, flooring, sheetrock, paint, tile, cabinetry, countertops, and full exterior upgrades. 2026: interior fixtures, water softener, water break system, and hot water recirculating line. All domestic water lines, including the recirculating line, updated to PEX (2025) with angle stops and supply lines replaced (2025). Washer and refrigerator water boxes replaced (2025). Only original plumbing is the main sewer line. Bathrooms include electric heat strip heaters. Utilities: private well, septic, fiber optic internet, and owned propane tank. A unique riverfront retreat, full-time residence, or investment opportunity.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

--
Valley Elementary SchoolGrades PK-51.8 mi
--
Valley Middle SchoolGrades 6-81.8 mi
3/10
W Las Vegas High SchoolGrades 9-1221.8 mi

Construction

Condition

  • Year built: 1985

Materials

  • Foundation: Permanent
  • Roof: Other,See Remarks
  • Construction materials: Stucco

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Manufactured Home,Mobile Home
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Disposal,Oven,Range,Water Softener

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Interior Steps
  • Flooring: Laminate

Heating & Cooling

  • Heating features: Ductless
  • Cooling features: Ductless,Refrigerated

Interior Area

  • Total structure area: 1,869
  • Total interior livable area: 1,869 sqft

Property

Accessibility

  • Accessibility features: Not ADA Compliant

Details

  • Parcel number: 658251
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • On waterfront: Yes
  • Horses can be raised: Yes
  • Living area range: 1,751-2,000

Lot

  • Lot size: 2.46 Acres

Parking

  • Total spaces: 10
  • Parking features: Carport,RV Access/Parking
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Drought

FEMA Declared Disasters in San Miguel County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$316$3,792
Property Taxes $186$2,232
Electricity $148$1,780
Total$3,051$36,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,605/yr
40% on housing$91,530/yr
45% on housing$81,360/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.8%
5.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$254This listing

vs Other Active Listings

Avg $/sqft

ZIP 87560$107
San Miguel County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 87560$205
San Miguel County$215

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$475,000

For Sale by Agent

AgentRoberta Olea Condit
BrokerageColdwell Banker Legacy 8200

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