Red River NM Homes for Sale
- Type:
- Single Family
- Sq.Ft.:
- 1,836
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.98 Acres
- Year built:
- 1980
- Baths:
- 2.00
- MLS#:
- 110674
- Subdivision:
- Monte Vista 3
ADDITIONAL INFORMATION
Charming Upper Valley Lodge with Panoramic Views and Exceptional Rental Potential Nestled in the heart of the Upper Valley, this beautifully updated lodge offers breathtaking views from every angle. Set on a prime flat lot, the property includes an additional parcel, perfect for expanding the existing home or constructing a second rental unit. This turnkey retreat features modern upgrades throughout, including new flooring, a reliable generator, a high-quality well, and a brand-new conventional septic system. The detached garage, connected by a covered walkway, offers added convenience with a laundry room, bathroom, and a unique open-air dining/bar area—ideal for entertaining. Relax on the expansive wraparound deck, complete with a new covered hot tub, while enjoying the surrounding natural beauty. The lodge has been a thriving short-term vacation rental for over three years and is being sold fully furnished, including its dedicated website and established booking platform—an exceptional opportunity for investors or those seeking a ready-to-go vacation property. Whether you're looking for a personal mountain retreat or a profitable rental, this property promises both luxury and long-term value.
Red River Real Estate
The median home value in Red River, NM is $317,600. This is lower than the county median home value of $378,800. The national median home value is $338,100. The average price of homes sold in Red River, NM is $317,600. Approximately 9.8% of Red River homes are owned, compared to 17.36% rented, while 72.84% are vacant. Red River real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Red River real estate agent to arrange a tour today!
Red River, New Mexico 87558 has a population of 675. Red River 87558 is less family-centric than the surrounding county with 7.44% of the households containing married families with children. The county average for households married with children is 14.47%.
The median household income for the surrounding county is $49,481 compared to the national median of $69,021. The median age of people living in Red River 87558 is 33.5 years.
Red River Weather
The average high temperature in July is 76.9 degrees, with an average low temperature in January of 5.6 degrees. The average rainfall is approximately 21.1 inches per year, with 122.9 inches of snow per year.