Masdevallia peristeria is a species in the Masdevallia genus. This name is accepted name for the species in the family Orchidaceae subfamily Epidendroideae, tribe Epidendreae, subtribe Pleurothallidinae, . It is in the subgenus Masdevallia section: Coriaceae subsection: Coriaceae . This species is found in Colombia to NW. Ecuador.