Browse All Red River Properties Between $200K - $300K Properties for Sale

Incredible development property. Zoned General Commercial. Zoned for vacation rentals and all other permitted uses within the General Commercial zoning.

High St, Red River

$299,000

2 Beds ⋅ 2 Baths ⋅ 115245 MLS

Welcome to your mountain oasis at Valley Condominiums in the picturesque town of Red River, NM! This tastefully decorated 2-bedroom, 1.5 bathroom condo is the perfect blend of comfort, style, and convenience, offering an excellent rental history and selling 100% furnished. The cozy living room features comfortable seating and delightful decor, making it an ideal spot to unwind after a day of adventure. The fully equipped kitchen boasts copious counter space and all the essentials needed to prepare delicious meals. Both bedrooms are designed for maximum comfort, offering plush bedding, private balconies and ample storage. Valley Condominiums provides a range of amenities for guests and owners, including two hot tubs, two propane grills, a playground, trailer parking, and onsite management. The complex is adjacent to a versatile softball field, providing additional space for various activities. Plus, the trout-filled Red River is just a short walk away, offering excellent opportunities for fishing and riverside relaxation. Pioneer Creek runs through the complex. Located in beautiful Red River, NM, this condo puts you in the heart of all the action. From skiing and snowboarding in the winter to hiking, fishing, and festivals in the summer, Red River offers year-round activities and events that attract visitors from near and far. Don't miss this rare opportunity to own a fully furnished, tastefully decorated condo with excellent rental potential in the desirable Valley Condominiums.

1000 Tenderfoot Tr Unit 109, Red River

$285,000

2 Beds ⋅ 2 Baths ⋅ 114662 MLS

Enjoy mountain views and a poolside setting from this comfortable Lifts West condo in the heart of Red River. Lifts West Condo #202 offers a flexible 2-bedroom, 2-bath layout with a loft, making it a great mountain getaway for family and guests. The unit overlooks the community pool and surrounding mountains, giving you a relaxing place to unwind after a day of skiing, hiking, fishing, or exploring town. The main level features one bedroom and one full bath, along with an open kitchen, dining, and living area designed for gathering and spending time together. Upstairs you'll find a second bedroom, a bathroom with a shower, and a spacious loft that provides additional sleeping space or a great spot for kids or extra guests. Located in the popular Lifts West Condominiums, this unit is right in town with easy access to restaurants, shopping, festivals, and outdoor recreation that make Red River such a special place to visit. Whether you're looking for a mountain retreat, a place for family vacations, or a potential rental property, this condo offers a great location and a layout that works well for guests.

201 Main Street Unit 202, Red River

$249,000

2 Beds ⋅ 2 Baths ⋅ 114559 MLS

Two condos for the price of one! Units 10 and 11 both have wonderful rental history and are centrally located one block from all the hustle and bustle of Main Street and just blocks to the chairlift. Have your own mountain getaway, investment properties or both. These condos can be used as primary residences, long or short term rentals. Both units have plenty of windows with views of the ski mountain and downtown Red River. The HOA fee includes electric, gas, Dishnet, building maintenance, high speed fiber optic internet, water, trash and snow removal. One fee for all your utilities and maintenance makes it easy to budget your profitability. All furniture, bedding, kitchenware conveys, you’ll be ready to enjoy the mountains! Owner financing available.

90 N Independence 10 and 11, Red River

$250,000

2 Beds ⋅ 3 Baths ⋅ 114053 MLS

VIDEO TOUR on YOUTUBE - Search "EDELWEISS CONDO UNIT 10" .. $8,000 closing cost credit available to buyer EDELWEISS #10 PROPERTY INFORMATION PROPERTY OVERVIEW Unit: EDELWEISS #10 Occupancy: 6 guests Parking: Dedicated parking space with drive-up access to patio door Flood Zone: Property is located in flood zone (flood insurance required for financing - approximately $1,200 annually) OWNERSHIP & IMPROVEMENTS Purchase Date: 2018 Major Renovations & Upgrades: 2020: Complete remodel including addition of 2 upstairs en-suite bathrooms 2022: Comprehensive lighting package with recessed lighting throughout and ceiling fans 2023: Installation of full-size washer and dryer; hot water heater replacement 2025: Downstairs ceiling tile installation PROPERTY FEATURES & AMENITIES Unit Features: Two king bedrooms with en-suite bathrooms Full kitchen with electric stove, dishwasher, and refrigerator Full-size washer and dryer Three televisions throughout unit Downstairs sofa converts to queen bed Common Area Amenities (1/24 ownership share): Heated pool open year-round in gated area Dry sauna facility Fire pits and flagstone courtyard areas Recently replaced grills (August 2025) Freshly painted building pods (April 2025) INCLUDED FURNISHINGS The unit is being sold fully furnished with: Two king beds with makeup vanities All appliances (washer/dryer, dishwasher, refrigerator, electric stove) Living room furniture including 2 recliners and convertible sofa (replaced 2022) Kitchen table and dining furniture Three televisions Seasonal decorations and Christmas items in designated storage areas All personal owner items have been removed - unit is move-in ready. ASSOCIATION MANAGEMENT Board Structure: President, Treasurer, and Secretary Right of First Refusal: Board notification required upon contract (price disclosure for market protection) Financial Requirements: Initial account setup: $1,000 (refundable upon sale) Required minimum account balance: $3,000 RENTAL PROGRAM & FINANCIALS Rental Management: Professional rental program through ResNexus booking system (no Airbnb or independent rentals permitted) Monthly Obligations (effective August 2025): Participating in rental program: $1,750/month + $99 per night rented Non-participating owners: $2,300/month Monthly fee includes: All utilities (electricity, gas, water), internet, DirecTV, insurance, snow removal, maintenance, housekeeping, property management, operations director salary, firewood, and all operational supplies Owner-paid services: Bed bug protectors, annual chimney cleaning, pest control, carpet and tile cleaning RECENT IMPROVEMENTS & MAINTENANCE Building exterior painting completed (April 2025) All grills replaced (August 2025) Deck staining scheduled (funds already collected in capital improvement fund) 25-year roof system in good condition Utilities: Units are not separately metered - all utilities included in association fees

500 High Unit 10, Red River

$295,000

2 Beds ⋅ 2 Baths ⋅ 114032 MLS

As you walk into this condo you'll be welcomed into the foyer. Straight ahead you'll find a king guest bedroom with balcony access facing the ski area face and West end of Main St. and a full bathroom with shower/tub combo, vanity and toilet. To the left of the foyer you'll find the cozy kitchen with white appliances, dishwasher, cabinetry storage, island and dining area. The comfy living room with a wood fireplace, leather furniture and dual balcony access to overlook Main Street and the mountains beyond and the West side overlooking the Red River Ski Area "Face". Just off the kitchen you'll find the primary bedroom with a king bed, Main Street balcony access and another full bathroom with shower/tub combo. Balconies are perfect for watching 4th of July Parade, listening to festival music or watching the Winter Torch Light Parades! Parking available in covered garage beneath in addition to parking surrounding complex. Condo has access to elevator, guest laundry, and outdoor pool! Currently a rental through Lift's West Condominiums with lots of good potentials! Use as a great rental/vacation home/home. Additional photos coming soon...

201 Main St Unit 122, Red River

$217,000

113937 MLS

Discover the perfect mountain escape in the sought-after Mutz Meadow subdivision of Red River, New Mexico. This riverfront homesite captures the best of mountain living with its convenient location, fresh alpine air, and surrounding wilderness. Build your dream cabin or getaway retreat where wildlife, hiking, and the beauty of the river are just a few steps out your back door. Located just minutes from the heart of Red River, you’ll enjoy easy access to skiing, dining, shopping, and year-round festivals—all while retreating home to your own mountain haven.

Lot 8D Gold Hill Court, Red River

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Between $200K - $300K Red River Real Estate

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