Santa Fe Real Estate Guide July 2012

Santa Fe Real Estate Guide

JuLY 2012

A garden paradise • Subdivisions update

RAY RUSHDirect 505.984.5117Mobile [email protected]

TIM VAN CAMPDirect 505.984.5118Mobile [email protected]

We Know Santa Fe Real Estate

www.knowingsantafe.com 231 Washington Avenue • 505.988.8088

Rancho EscondidoA rarity in the land of Pueblo-style architecture, this private six-bedroom enclave in RanchoEscondido balances French country design and a relaxed New Mexican sensibility, with portales,landscaped courtyards, patios, and a grassy lawn surrounding a swimming pool. The rolling hills ofthe countryside just north of Santa Fe offer a perfectly serene setting, just minutes from the Plaza. 6 Bedrooms, 5 1/2 baths, 7,283 sq ft on 9.319 acres

MLS# 201004901 Offered at $3,000,000

ARCHITECTURALLY STRIKING RESIDENCE IN TESUQUE

SANTA FE MEETS PROVENCE

JOHN RIGATTIDirect 505.984.5141Mobile [email protected]

Vista HermosaCompleted in 2008, the home uses a sophisticated color palette and expertly scaled living

spaces to create a sense of comfort, welcome and warmth. Artisan flooring of wood,stone and brick flows naturally from one room to the next and onto expansive portalesand patios. The formal living and dining rooms are spacious and inviting. The spectacular

chef’s kitchen features top-end appliances, an immense island, fireplace and sitting area, andextensive butler’s pantry and bar area. The home follows the gentle slope of a five-acre

property with exceptional views of the Sangres, theJemez and across the badlands toward Abiquiu.

3 Bedrooms, 4 1/2 baths, 5,586 sq ft on 5.22 acres

MLS# 201202249 Offered at $2,495,000

Ray Rush and Tim Van Camp—know Santa Fe. They are consistently among the top producing agents—year in, year out. Whether it is a high or low market, Rush/Van Camp has the experience, insight andunderstanding of the Santa Fe real estate scene to guide their clients toward the right strategy for the times.There is a difference, and that difference is reflected in facts, data and most importantly, results. We inviteyou to know the difference. www.knowingsantafe.com

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Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.www.sothebyshomes.com/santafe 326 Grant Avenue • 505.988.2533

SANTA FE’S MARKET LEADERWe are Local Experts with a Global Reach

MARION SKUBI GROUP

MarionSkubi.com

Marion SkubiABR, CRB, CRS505.660.8722

[email protected]

Aleka MooreOperations Manager, Marion Skubi Group

[email protected]

Johnnie GillespiePartner, Marion Skubi Group

[email protected]

RELAXED ELEGANCE IN LAS CAMPANAS15 Entrada Hermosa $1,380,000

Exceptional light filled custom home and guesthouse designed by renowned local architect LarryAndren and built by owner/contractor to impressive quality specifications and design elements.

Beautifully sited for mountain views and maximum privacy with high-end finishes including soaringbeamed ceilings, 24” square travertine floors, diamond plaster throughout, elaborate hand-carved

wood accents and spacious great room for entertaining. MLS# 201201699

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4 JULY 2012 HOME


Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.417 East Palace Avenue • 505.982.6207 www.sothebyshomes.com/santafe

Pam Wickiser, SRES*, GRI505.470.9884

[email protected]

Bob Dunn505.470.9883

[email protected]

Quail Run Country Club Living

The Leading Sales Team atQuail Run Since 1998Combined 60 years of Santa FeReal Estate Experience

RobertDunnRealEstate.com

UNIT #664 $795,000One of the best locations within Quail Run. Totallycharming 3 bedroom, 3 bath gracious home withoutstanding views of mountains and golf course.Many custom features. All the club amenities in-cluded. #201201710

* Senior Real Estate Specialist

UNIT #685 $654,500Free-standing home in Quail Run. Gracious Pinon Afloorplan. 2 bedroom, 2 bath with separate break-fast area. Large living/dining area with access tooutdoor patio and portal. Landscaped areas withlow water usage. #201201750

UNIT #217 $339,000Beautiful views from this quiet and secluded up-stairs Plaza A unit. Nicely separated 2 bedroom, 2bath with skylights and fireplace. Elevator in build-ing. Full club membership, 24-hour security, golf,tennis, spa, and restaurant. #201006227

UNIT #201 $410,000Quail Run upstairs Plaza B unit. Superb views froma central location. Penthouse location but withPlaza pricing. 2 bedrooms, 2 baths that are sensiblyseparated. Underground parking. All the clubamenities included. #201100246

UNIT #120 $399,500Great location! About the best located Plaza condoat Quail Run. A true end unit overlooking the 6thgreen. Only a couple of these at Quail Run. Rarelyon the market. Patio is huge with approx. 819 sqft. Perfect separation of bedrooms. #201201035

UNIT #102 $349,000Great location, end unit near clubhouse, yet pri-vate. Large Plaza B floorplan, 2BR, 2BA, nicely sep-arated, fireplace, large patio south facing, and notfacing another unit. Underground parking, 24-hoursecurity and all club amenities. #201201583

UNIT #727 $525,000Large casita overlooking a lovely green space andfacing the 7th fairway. Delightfully appointed prop-erty. The 2BR, 2BA are nicely separated by themain living area. Short walk to the clubhouse andamenities. Premier location. #201104700

UNIT #408 $598,500Popular 1,629 sq ft Piñon B model featuring 2BR,2BA. Located adjacent to the 1st fairway but pri-vately situated. Lovely details including a remodeledbath, a beautiful patio and portal with landscapingand fountain, and a 2-car garage. #201202181

UNIT #418 $565,000One of the most popular floor plans at an attractive price. Well main-tained with added features. Expanded closet spaces, access to patiosfrom each room, low water usage landscaping, private walled yard.Close location to clubhouse. Bonus of den/office space. #201105781

UNIT #907 $659,000Quail Run Pinon E model. 3 bedrooms, 3 baths on single level. Verypopular floor plan and shows impeccably well. Nice greenbelt off gen-erous portal adds to the desirability. Well situated outdoor livingspace, and close to clubhouse. Very well landscaped. #201100446

UNIT #676 $695,000This is one of the most desirable floorplans at Quail Run. A Pinon E3 bedroom and 3 bath home on one level. Private and secludedlocation. This lovingly maintained home has a deep portal for out-door living and beautiful landscaping. #201006515

Like the shifting hues of a desert sunset, Santa Fe offers a different shade to every individual.Quail Run combines the natural virtues of this sacred land with the elements that define graciousliving. As Santa Fe is more than just a city, so is Quail Run more than just a community.

Amenities Include: 24-hour hosted security gate, golf course, tennis, swimming pool, state-of-the-art exercise facilities, jogging and walking trails, fine dining, clubhouse and spa.

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Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.www.sothebyshomes.com/santafe 417 East Palace Avenue • 505.982.6207

ANN [email protected]

Brunson SchroederREAL ESTATE GROUP

ED SCHROEDER505.690.1007

[email protected]

13 COLUMBINE LANE $950,000Hondurean mahogany Morelli carved doorleads to a grand custom home with polishedbrick floors and views. 6 fireplaces, spaciousformal living and dining rooms, media andlibrary, and remodeled kitchen. #201201610

25 PASEO DEL CONEJO $1,299,000360˚ views from this custom “Parade ofHomes” hacienda. Covered portales withviews of the surrounding mountains, gourmetkitchen, brick and hardwood floors. 3,650 sqft, 3BR, 4BA, 2.97 acres. #201104494

841 CAMINO DEL ESTE $750,000Gated 800 East home with Sangre de Cristos’views. A wine lover’s delight with huge 3,000bottle climate controlled wine cellar and won-derful eastern views of the ski mountains.#201005995

3112 VISTA SANDIA $730,000A Santa Fe-style custom home 10 minutesfrom the Plaza. Saltillo tile and ceiling latiascreate Old World touches in a thoroughlycontemporary home. Huge covered portalwith sunset views. #201201744

663 BISHOPS LODGE, #29 $333,000This end unit condo is true walking distanceto the Plaza, post office and numerous restau-rants. Easy care – perfect for a getaway placein Santa Fe. The large living room has Saltillotile and a gas fireplace. #201103113

751 ACEQUIAMADRE, #1 $930,000Downtown living at its best! Mexican blueTalavera tiles in both baths and the kitchen,Saltillo tile and aged brick floors. Formal diningroom and great room with French doors thatopen to serene outdoor spaces. #201202051

90 SUNDANCE DRIVE $795,000Custom home with acres of beautiful flag-stone floors. Tremendous mountain views.Diamond plaster walls, gourmet kitchen withgranite counters and custom cabinets, and ahuge walk-in pantry. #201102683

127 EAST LUPITA ROAD $899,000Hacienda de Lovato is in-town living at itsbest. Mature trees surround this beautifulTerritorial-style home recently remodeled.Gorgeous gardens and a refreshing swimmingpool make summer a delight. #201200948

12 VALLECITO ROAD $885,000The entire Western Jemez Mountain rangewith an unbeatable expanse of sunsets areyours forever. This custom built home withan attached guest house on 2.6 acres isabsolutely stunning. #201105491

208 PLAZAMONTANA $735,000The center of Santa Fe, with wood floors andgranite counters. Formal dining and a greatroom. Kitchen with island and side bar! Mastersuite has portal access. Spacious library/office.Landscaped gardens. #201104844

2252 ESPEJO PLACE $895,000Los Senderos elegant custom home on onelevel! Features professionally landscaped gar-dens with outdoor fountain, oakwood andItalian tiled floors. Attached casita with fullkitchen and separate living room. #201103981

3600 CERRILLOS, #508 $290,000This New York-style loft has 2 balconies withviews. Wonderful high ceilings with lots ofwindows and light make this a great place tolive and work. It is also wired for businessphone service. #201201148

NEW PRICE

NEW PRICE


6 JULY 2012 HOME


Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.231 Washington Avenue • 505.988.8088 www.sothebyshomes.com/santafe 326 Grant Avenue • 505.988.2533

33 SPIRIT COURT $1,050,000Marvel at the incredible panorama from this 4,990 sq ft gated estate on 1.8 acres. The custom 4 bedroom adobe/frame home withsuperb guest house is convenient to both town and Tesuque. Entertain in the handsome great room with soaring beamed ceiling, thespectacular kitchen/family room, or the spacious terraces. The private master accesses a gym, portal, and hot tub with waterfall. Theguest wing includes a music/screening room. Hardwood and flagstone floors, hand-troweled plaster, finely carved doors. MLS# 201104704

1110 OLD SANTA FE TRAIL $3,800,000Offering captivating views, this stellar, gated Eastside estate on 3+ acres is an exceptional offering. The sophis-ticated Territorial-style 5 bedroom home with separate guest apartment offers a wealth of refined detail andluxurious finishes. Included are an excellent study, marvelous family and media rooms, exquisite master suite,and showcase kitchen with inviting sitting area. The magnificent grounds display lush lawns, glorious gardens,broad terraces, dramatic dining gazebo, spectacular koi ponds, and pinon-studded park. MLS# 201104704

ShaneCronenweth

[email protected]

CarolineRussell954.5530

[email protected]

479 CAMINO DON MIGUEL $560,000On the Historic Eastside 2 blocks off Canyon Road behind gates to acourtyard with water feature, this adobe house and casita will delight! The1980 main house by John Wolf, designed by John Midyette, features a hugeskylight, antique doors and traditional Santa Fe finishes, including covedceiling, vigas, beams, split cedar decking, Talavera tile, 4 kiva fireplaces, andplanked wood floors. The 3 level main house is a visual treat. The charmingone bedroom casita includes a kiva fireplace and kitchen.MLS# 201201290

11 ABIERTO WAY $699,000Through the welcoming courtyard and dramatic glass galleria of this 2008Tierra Concepts home, are breathtaking mountain vistas. A chic south-west contemporary aesthetic is evident, with soaring beamed ceilings,pigmented plaster walls and a fantastic living/dining portal with fireplaceopening to walled gardens. The open concept floor plan has a smashinggreat room accessing the sleek, upscale kitchen. The serene master fea-tures a lavish bath with striking stone-paved wall. Five-zone speakersystem and refrigerated A/C. #201100580

102 VICTORIA STREET $869,000Located in the heart of the Historic Eastside, this 2,505 square foot, threebedroom adobe treasure has been lovingly restored to perfection, with allthe romance and charm one could wish for. With an outstanding mastersuite, huge guest suite/office, and lush walled and flagstoned gardens thatwill take your breath away, it’s a piece of heaven to escape to. Hardwoodfloors, vigas and beamed ceilings, hand-troweled walls, three fireplaces, alovely stone fountain and other visual delights await you.MLS# 201201945

SOLD

194 ARROYO HONDO TRAIL $989,000In a pastoral 5.8 acre Arroyo Hondo setting with vast mountain views, this 5,633 sq ft adobe 4BR home wasdesigned to preserve the organic integrity of its site. Included are a gracious living room with kiva fireplace,huge dining room with koi pond, center island kitchen, family and breakfast rooms, plus study. Hand-troweledplaster, vigas, and glazed adobe floors accent the residence. Spacious grounds with abundant fruit trees, largefenced garden and pond. A barn was transformed into a 1,569 sq ft studio/guest house. MLS# 201201749

SOLDSOLD

Our Knowledge, Diligence, and Marketing Bring ResultsChooseSantaFe.com

Access the entire MLS, plus our Exclusive Insider’s Guide!


8 JULY 2012 HOME

NEIL LYON GROUPNEIL LYON, CRB, CRS, GRIDIRECT: 954.5505 CELL: 660.8600EVELYN SPIKER, CRS, GREEN, RSPSDIRECT: 954.5556 CELL: 930.0999

VANESSA RIOS Y VALLESDIRECT: 954.5522 CELL: 231.3708

704 CAMINO OCASO DEL SOLImmaculate residence in prestigious Ocaso del Sol. Huge views. 3 bed-room suites plus office in the main house plus a fabulous casita, recentlybuilt by Wolf Corp. Gorgeous outdoor areas including a fabulous entrycourtyard. $1,995,000

817 CAMINO DEL ESTEGorgeous and vast sunrise and sunset views from this sophisticated res-idence in gated 800 East, only minutes from the Plaza. Beautiful kitchen,living room, formal dining area, and master bedroom on the main level.#201202356 $859,000

CASAS DE SAN JUAN TANO ROAD AREA

LA VEREDA COMPOUND SIERRA DEL NORTE

41 AVENIDA DE LAS CASASSweeping views to the north and of the badlands from this gorgeousresidence in prestigious Casas de San Juan. Fabulous great room and 4spacious bedrooms in this approximately 5,000 square foot, two-levelhome. #201105022 $1,795,000

7 TANO POINT LANE6.6 acre property consisting of gorgeous main house, 3 guest houses,studio and chapel. Incredible gardens with walkways, patios, courtyards,portals and a lovely swimming pool. 360 degree views.#201005175 $4,800,000

707 EAST PALACE AVENUE, #8Lovely 2BR, 2 1/2BA condominium in La Vereda Compound, a shortstroll to Canyon Road or the Plaza. 2,376 sq ft includes a study/office,a solar heated sunroom, high ceilings, fireplace, separate dining area,large master BR, and a private courtyard. #201201316 $610,000

1023 SIERRA DEL NORTEImmaculate 3BR residence plus 2 office spaces in prestigious Sierra delNorte. The excellent floor plan includes a very private master suite,an office, a private two suite guest wing with separate entrance, and agreat detached office space with half bath. #201103420 $1,400,000

4 CAMINO SABIOMagnificent views from this compound in Los Caminitos on 11.7 acresfeaturing a dramatic and immaculate 2BR main house, a detached 1BRguest house, and an attached duplex that encompasses a 1BR guesthouse and a 1BR caretaker’s house. #201202266 $2,795,000

16 SAN JUAN RANCH ROADElegant 4BR, 4.5BA residence featuring formal living and dining roomsand a classically styled chef’s kitchen. The guest quarters are nicely sep-arated from the master suite and have a private entrance. Quality fin-ishes throughout. #201202617 $1,425,000

LOS CAMINITOS NORTHWEST

41AvenidadelasCasas.com 7TanoPoint.com

1023SierradelNorte.com

NEW LISTING

NEW LISTING

NEW LISTING

NEW LISTING

OCASO DEL SOL 800 EAST


Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.326 Grant Avenue • 505.988.2533 www.neillyon.com www.sothebyshomes.com/santafe

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Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.www.sothebyshomes.com/santafe 231 Washington Avenue • 505.988.8088

WALK TO THE PLAZATwo condos – five years old, absolutely gorgeous finishes. Hard-troweledplaster, brick floors with radiant heat; travertine baths and walk-inclosets; kiva fireplaces, bancos and skylights.Two bedrooms and two baths. $725,000One bedroom $500,000

BEST OF PUEBLOS DEL SOLBuilt by master builder Robert Lockwood as a per-sonal residence, this house has everything, and is ofthe highest quality workmanship, materials, and fix-tures. Slightly Asian ambiance, with a Pueblo feel! 2bedroom, 2 bath, plus study/office. 12' ceilings, gen-uine bamboo floors, hard-troweled plaster, handrubbed with beeswax. $395,000

FAMILY LODGEWhat a special property on 5 scenic acres! A sprawlinglodge with multiple wings for a variety of uses. Greatplaster main living room with fabulous timber vigas andtrue Italian chef ’s kitchen; privacy, landscaping andviews from all windows; a wing with 3 bedrooms, 2baths and guest powder room; a wing with 3BR, 2BAand guest powder room; a wing with master suite; andseparate guest suite. $769,000

SOPHISTICATED CONDOMINIUMMinutes to the Plaza, in prestigious 1200 East, opportunity knocks! Cleanlines and bright, open spaces make this custom built condo a rare find.Large rooms with high ceilings and beautifully landscaped outdoor spaces.Three BR, great master suite, cheerful eat-in kitchen, garage, and storage.

$725,000

Ashley MargetsonASSOCIATE BROKER, CRS, GRILUXURY REAL ESTATE EXPERT

Office : 984.5186Cel l : 920.2300

[email protected]

NEWPRICE

ONE-OF-A-KIND VILLAMagnificent 360˚ views from this unique villa. The 6,130 sq ft home ispoised on 1.3 private, wooded acres on a hill minutes to the Plaza.Antique doors, diamond finished plaster, high ceilings with coves, vigas,corbels, and beams. Hand-carved stone windows. Five fireplaces, skylightsand a comfortable floorplan. Owner is a NM Real Estate Broker.$1,795,000

CAMINO CUERVOImmaculate and pristine home with many upgrades:finished garage; air conditioning; security system;lovely professional landscaping. New water heaterand all appliances included. This is a one ownerhome, in pristine condition. $209,000

HANSEL & GRETEL’S HIDEAWAYA romantic old adobe garden cottage, nestled on awooded hillside, in the heart of the historic district.Built about 1900 with 1 large and 1 small BR/studylooking out on gardens, with 2BA. Easy stroll to thePlaza, and Canyon Road. Features rustic adobe bancos,3 fireplaces, beamed and clerestory ceilings, brick andwood floors. $650,000

7 MINUTES TO THE WILD WESTRising up at the end of a quiet cu-de-sac, 2.5 acres of graceful, woodedland face the expanse of unspoiled views of the Sangre de Cristo Mountainrange sweeping across the view corridor. $149,000

Gorgeous 2.5 acre view lot close in!Easy access to 599 and 285, town andeverything! Fabulous Sangre de Cristoviews and pretty, rolling terrain. Severalgreat building sites on the property.This is the closest lot in La Tierra toSanta Fe. $120,000


10 JULY 2012 HOME

Paul McDonaldAssociate [email protected]

HomeSantaFe.com

• #1 Seller of Property in Las Campanas, Monte Serenoand High Summit Combined Since 2000

• #1 Seller of Land in Santa Fe Since 2000

Brand NewListings

onHomeSantaFe.com

41 VIOLET CIRCLE $1,825,000Classic old Santa Fe with all the modern touches in desirableEstates I of Las Campanas. Compound features 3BR mainhouse plus a 2BR expansive guest house. MLS# 201201535

10 LOOKOUT LANE $1,495,000Rare four bedroom Pueblo-style home with a one bedroomcasita. Features commanding views, great finishes and is only 3years old.

15 RABBITBRUSH ROAD $1,595,000Contemporary 5,363 square foot masterpiece featuringbroad, sweeping views and a daring floor plan on an estatelot in La Serena. MLS# 201202517

3 EAST GOLDEN EAGLE ROAD $1,825,000A premier homesite in Las Campanas hosts this delightfulPueblo-style “meets East” design with super clean lines andpeaceful spaces. MLS# 201201376

65 VISTA REDONDA $639,000Crisp 2,200 square foot adobe built home nestled into thehillside with truly great views of the Badlands and the JemezMountains. MLS# 201201436

21 PAINTED HORSE $1,825,000One of the truly great contemporary homes in Las Cam-panas. Architecturally designed, featuring staggering Jemezviews through the living room wall of glass. MLS# 201201534

SOLD in 14 Days!


Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.231 Washington Avenue • 505.988.8088 www.sothebyshomes.com/santafe

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Excellence, with a touch of grace...

231 Washington Avenue • 505.988.8088Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.

Emily Garcia505.955.7963505.699.6644

[email protected]

Exceptional Private Casita644 Canyon Road, #4

$450,000 #201202282

Serene Santa Fe-Style76 Paseo del Coyote

$625,000 #201202359

Emily Ivette GarciaCRS, Real Estate Broker

New Featured Propertiesh g

For more information about Santa Fe and/or real estatewww.emilygarcia.com


12 JULY 2012 HOME

Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.326 Grant Avenue • 505.988.2533 www.sothebyshomes.com/santafe


V i s i t Ou r Po r t f o l i o o f Ou t s t and i ng Homes & HomeS i t e s a twww.HomeTeamSan taFe . com www.Th inkSan taFe . com

H O M E T E A M S A N T A F E

D A V I DR O S E N :

5 0 5 • 4 7 0 • 9 3 8 3

C H R I S T O P H E RR O C C A :

5 0 5 • 4 9 0 • 2 9 9 9

A HINT OF JASMINENW–Wrapped in landscaped courtyards, grand por-tales and views west, this elegant 3BR, 3BA, 3,174sq ft Santa Fe-style home in gated Colinas Verdesincludes a splendid living room withAnasazi stackedstone fireplace, travertine floors, formal dining,deluxe kitchen with family room and home officegraced with lofty archways, wood ceilings and vigas.One-level living with 3-car garage. MLS 201201865

OFFERED AT $839,000

BIG TESUQUE CANYONAworld of its own adjoining the National Forest alongthe Rio Tesuque, this stunning gated compound in-cludes a gracious Territorial-style 3BR, 3.5BA, 4,239sq ft main residence with wraparound portal,pitched-roof Tesuque farm-style 1BR + den, 2BA,1,744 sq ft guest house, studio/guest quarters, tree-house + painter’s shed on 3.59 acres in an unparal-leled one-of-a-kind lush setting. MLS 201200912

OFFERED AT $2,895,000

LIFE IN AN EASTSIDE GARDENAuthentic and exquisite 2BR, 2BA, 2,287 sq ft mostlyadobemain residence circa 1920+ with formal livingroom, dining room and kitchen overlooking a won-derful portal and lush gardens, updated with careand graced with a handsome master suite, 4 fire-places, alcoves and nichos plus a free-standing1BR, 1BA, 1,200 sq ft guest house with kiva circa2005, nestled in an incomparable Eastside setting.

OFFERED AT $1,750,000

CLARITY IN DESIGNSoutheast–Architect Robert Zachry’s stunning de-sign achieves it all; showcasing the dramatic NMlandscape while creating an elegant, light-filleddwelling that celebrates art and the art of living.The 4,215 sq ft, 3BR, 3BA home with media/denand gourmet kitchen is graced with complex, sim-ple lines, steel accents, walls of glass and portalesthat look to views in 3 directions. MLS 201202430

OFFERED AT $900,000

BONNIE [email protected]

SantaFeRealEstateToday.comInformative • Comprehensive • Smart

DAVID [email protected]

David & Bonnie Sorenson

• Most Comprehensive Santa Fe Real Estate Statistics• Search Complete Santa Fe MLS• Current Santa Fe Information

Our philosophy is simple... we have adedicated commitment to service

41 BLUESTEM DRIVE $729,000A beautiful, spacious, single level,Northwest home with fantastic viewslocated in the gated community of Col-inas Verdes, with three bedrooms,three baths, plus a study, large openkitchen with fireplace, lots of naturallight, garden courtyard entry, greatpatios, wonderful gardens, and an over-sized three-car garage. Great views allaround! MLS# 201102623

PRICE REDUCED

1232 VALLECITA DRIVE$949,888 NOW $888,888Large 3,300 sq ft main house, plus1,500 sq ft guest home, close to Plaza.The split level main house is great forentertaining with open living room,dining and large chef ’s kitchen withgranite countertops, spacious outdoordeck, sumptuous master suite plus 2additional bed/baths. Guest house of-fers master suite, 2nd bed/bath, livingand dining room plus spacious kitchen.MLS# 201202243

PRICED TO SELL

NEWLISTING

Premium LotsExclusive Developments

Priced to Sell

MONTE SERENOSuper Sites with Views$99,000 to $324,900

NORTH SUMMITExclusive Location with Plans$249,900

NORTHWEST5 Acre Parcel with Jemez andSangre de Cristo Views$149,900

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DARLENE STREIT GROUP505.920.8001 dstreit@dstreit.comSantaFeRealEstateProperty.comSantaFeRealEstateExpert.comSantaFeLuxuryHomesAndLand.com

102 DEL RIO $225,000This lovely townhome is just a block from the river walk/bike path.Kiva fireplace in the spacious living/dining room. Sliding glass doorslead to a landscaped courtyard with cherry, apple and apricottrees. MLS# 201101976

3 JACINTO COURT $495,000Amazing view home in Eldorado at the end of a private lane. Thishome is 2,500 sq ft, all on 1 level with an attached 2-car garagewith work space. Passive solar design offering 3BR and 4BA. Beau-tiful stacked stone fireplace in the living room, kiva fireplace in thestudy, vigas/beams, and radiant heat. MLS# 201202302

173 CHISHOLM TRAIL $1,620,000Located off Old Santa Fe Trail, on almost 7 acres. Beautifullysculpted contemporary Santa Fe lines, open kitchen, cherrybutcher-block island countertop. Spacious, 4BR plus media room/fifth BR. Light, sunny open floor plan with fireplaces, high ceilings,privacy, grand views and guest house. MLS# 201202244

TESSERA LOTS LOTS STARTING AT $49,000A modern sustainable community in Northwest Santa Fe and closeto downtown. Amenities include sensible design guidelines, pro-tective covenants, paved streets, city water and sewer, and broad-band via cable or DSL. Expansive mountain views and maximumsolar exposure. MLS# 201200851

89 AVENIDA ALDEA $489,000This sophisticated custom home features 3BR, 2 1/2BA with stun-ning Sangre de Cristo views, granite countertops, vigas and beams,and an intimate outdoor kiva fireplace outside of the master bed-room. This home has 2,180 sq ft of living space on one level withattached 2-car garage. On .16 acre in Aldea. MLS# 201201993

38-A KACHINA ROAD $369,000Spacious, sunny home on almost 7 acres with big mountain views.The house features an open, single level floor plan, 10 ft ceilingswith vigas and beams in living areas and master bedroom, and brickfloors throughout. Passive solar design features include a pellet stoveand a southern orientation. Horses allowed. MLS# 201202291

NEWPRICE

NEWLISTING

208 WILLIAMS STREET $695,000Exceptional Territoria-style 2 bedroom, 2 bath home just minutesto the Santa Fe Historic Plaza. Custom finishes and hardwoodfloors throughout. A wraparound portal looks out to the land-scaped garden and sunset views. Gated entry, coyote fence andwall surround offers plenty of privacy. MLS# 201202628

6-7 CALLE ANDREITA $595,000Traditional Northern New Mexico home located in Nambe andbordered by Pojoaque Pueblo. Fabulous views and lush gardenswhich include towering Ponderosas as well as a substantial orchard.Very private. Surface water rights and second well contribute to themaintenance of the beautiful park-like setting. MLS# 201202630

NEWLISTING

NEW CONSTRUCTION

NEWLISTING

NEWLISTING

NEWLISTING

VIEWLOTS

FABULOUS


14 JULY 2012 HOME

Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.


326 Grant Avenue • 505.988.2533 www.sothebyshomes.com/santafe

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F i ne p r ope r t i e s t o su i t y ou r San t a Fe l i f e s t y l e

w w w . s a n t a f e t e a m . c o mSanta Fe Team

Moo Thorpe, 505.780.0310 • Chris Haynes, 505.660.6121 • Jennifer Gallagher, 505.660.8793

1114 PASEO BARRANCA $875,000

4 AVENIDA LA SCALA $755,000Imaginatively recreated in a contemporary style with hugewindows that capture Sangre de Cristo views. This homein Casas de San Juan consists of a spacious living and diningroom with high ceilings, a master bedroom and a guestbedroom, both with elegant bathrooms, and a handsomelyremodeled kitchen. A wonderful guest casita opens to aprivate courtyard with hot tub. MLS# 201201463

653 CANYON ROAD, #10 $895,000A lovely 3BR, 3BA home in the quiet and lushly landscapedCompound Condominiums steps from Canyon Road shoppingand restaurants. The home features a spacious living roomlooking out to a private courtyard, a quaint dining area thatopens to a bright kitchen, a master wing that overlooks thecourtyard garden, and two guest bedrooms and baths. Largetwo-car garage. MLS# 201103602

56 POLMOOD FARM ROAD $2,399,000Adjacent to National Forest in the hills above Tesuque, thisspectacular compound on 15 acres is a rare and uniqueoffering 10 minutes from downtown Santa Fe. Beautifulmountain and valley views capture your complete attentionfrom both the 5,301 square foot main house and a 1,735guest house with attached studio. MLS# 201201028

For your new and evolving Santa Fe lifestyle, trust the Santa Fe Team to findyour ideal property. Amid natureʼs splendor – Culture, Tradition, Community –savor the Art of Living!

Exceptionally well located Northside homewith spectacular unobstructed Sangre de Cristoviews. A well thought out floor plan for graciousliving plus an oversized portal with plenty ofspace for alfresco dining and a large sitting areafor mountain viewing. The house features veryhigh ceilings and beams throughout most of thehouse, brick floors and radiant heat. The livingroom, family room and master bedroom allenjoy the views. The kitchen is a cook’s dream –totally renovated with white oak custom cabi-netry, top-of-the-line appliances and CaesarStone counters. MLS# 201202053

NEW PRICE

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HOME JULY 2012 15

Homebuilding is not dead in Santa FeBy Paul Weideman

The financial crash has had a devastating impacton the building industry, but in July 2012 thingsseem to be picking up significantly. Just look at

what Anthony Montoya is doing at Vistas Bonitas. He’soverseeing the construction of 71 new houses in thesubdivision located south of Rufina Street, about a half milewest of Lopez Lane.“We had the first open house on February 14 and we

have nearly 20 under contract,” he said.The one- and two-story homes are being built by Infinite

Ambitions LLC, Santa Fe, for owner Nicholas Montoya.Prices are from $185,000 to $205,000.Features Anthony Montoya pointed out inside a three-

bedroom, two story house included granite countertops inthe kitchen and bathroom, tile floors, and a radon-ventingsystem. The garages are fully insulated; they’re using plasticmesh under stucco to prevent cracking; thick insulationin the 2x6 frame construction for a low HERS rating; andlong-lasting clay-tile roofs.According to the Vistas Bonitas marketing materials, a

single-story Taos model is $185,000 and you need about 7percent ($12,729) to close, and your monthly payments willbe just $839. For the two-story Pecos model, closing costsamount to $14,799 for monthly payments of a little over$884. These are for conventional 30-year, fixed-rate loansthrough Community Bank; FHA loans are also available toqualifying buyers.Looking at established subdivisions, Patrick Thomas,

qualifying broker for Rancho Viejo Properties LLC, saidthere are now four homes being built by Estancia HomesLLC in the La Entrada neighborhood of Rancho Viejo.“Then we have four more we’re ready to get permits for.Things have definitely picked up for us,” he said.Univest, the new owner, is spending over $600,000 on

landscaping for La Entrada, which has seen 117 sales so far.Homes there range from 1,316 square feet to about 2,800square feet, priced from $219,000 to about $385,000.Rancho Viejo, where more than a thousand homes

were built since sales opened in 1998, has gone in for onlyabout 15 building permits in the last year. At La Pradera,another large, south-side development, the number was 22,and developer John McCarthy, La Nueva Querencia, andbuilder Joe Boyden plan on going in for another 16 permitssoon.“Right now we have a three-bedroom home at 1,308

square feet for $229,900 and we go up to 1,856 square feetfor $349,000; that’s the one that won the Parade of Homeslast year for Best Design Under $500,000,”McCarthy said.“We also have a program with The Housing Trust, somereally good soft seconds at La Pradera, for buyers thatqualify.”In town, Chapman Homes recently sold both of its

model homes in The Plazas at Pecos Trail and has four lotsleft there. Prices range from $485,000 to about $695,000.“We also just finished a new, custom-built, presold house

in Piñon Bluffs [north of Zocalo] and we’re getting readyto start on another,” Beverly Chapman told Home. “Those

are about $700,000. And we will do two in Las Campanasthat will be closer to $800,000.”The land for a new Chapman project called Casas

Bonitas, 49 lots on eight acres off Rufina Street, she saidis “just sitting there, because the banks won’t loan us anymoney to do the development.”In the massive southside Tierra Contenta development,

The Housing Trust is planning a 24-lot subdivision offof Plaza Central. James Hicks of the Tierra ContentaCorporation said approvals are in process for a commercialcenter at N.M. 599, where the state will build an overpassand intersection with an extension of Jaguar Drive. “Wehave two subdivisions, about 20 lots each, in there, one forThe Housing Trust and the other for Habitat for Humanity.”Homewise is almost one third into its Rincon del Sol

project in Tierra Contenta. Development manager RobGibbs said there are 38 lots and 11 have sold so far. Theorganization plans to get going on another project calledLas Palomas there this fall.The 50-home Homewise developmentOld Las Vegas

Place has only four houses left. Construction is windingup on the final house there. And at Piñon Ridge in LasEstrellas on the north side of SantaFe, Homewise has11 presales. “That’s 39 lots and we’re building the modelhome now, which will be ready for the Parade of Homes inAugust,” Gibbs said.Also in Tierra Contenta, the Santa Fe chapter of Habitat

for Humanity is busy near the west end of Jaguar Drive.“That’s El Nido, an eight-townhouse project,” said

Keith Williams, Habitat’s finance director. “We have fourunder construction and we hope to have the second fourcompleted next spring.”Centex Homes, a division of the nation’s largest

homebuilder, Pulte Homes, secured more than 80 buildingpermits for Santa Fe projects during the past year. The twoit’s working on at present are Colores del Sol, near SouthMeadows Road and Rufina Street; and Villa Sonata, offGovernor Miles Road.“For Colores del Sol, the buildout is about 200 units and

we have about 60 houses left,” said general sales managerWade Messenger. “They range from $179,000 for 900square feet to about $220,000 for 1,900 feet. Then at VillaSonata we’re doing about 130 houses, prices $230,000 to$320,000 for between 1,500 and 2,500 square feet.”Groundbreaking for the Plaza Bonita development at

the corner of Galisteo and San Mateo streets was held in2006 and it has been moving ahead, slowly, with 40 of theplanned 65 houses still to build.“Interest seems to have picked back up,” said Aaron

Borrego, listing broker with Borrego Construction Inc.“We’ve put about five houses under contract in the lastcouple months.” They start at $329,000 for a house of about1,325 square feet.Condominiums began selling in 2002 at the Ricardo

Legorreta-designed Zocalo project. Moo Thorpe, Sotheby’sInternational Realty, reports, “Everything is on hold. We’rejust waiting for more momentum in the market. “We justhave two units left that we’re marketing for the developerthat have high ceilings, two bedrooms, and are very stylish.They’re about 1,108 square feet and are marketed for$225,000.”The buildout figure at Zocalo is 325 and about 190 have

been completed to date.South of Eldorado, developer Mary Ann Stickler

and builder E.J. Jennings are plugging along at the 29-lot Rancho San Lucas. For the past few years, they’vebeen taking turns building a spec home and a presoldfor someone who saw the spec home and wanted onelike it. His homes are what Stickler described as “softcontemporary” design.Jennings was set to begin on the 10th house there this

month. “It will be about 2,200 square feet and under$450,000,” said Pam Preson of Barker Realty. “And MaryAnne is coming back into building after a five-year hiatus.She will do a spec house in Rancho San Lucas, more of aclassic Santa Fe style with all high-end finishes. This will be2,200 square feet and priced at $535,000. It should be readyin September.

PHOTOS BY PAUL WEIDEMAN

One of the many homes under construction at Vistas Bonitas

A streetscape at Old Las Vegas Place by Homewise

A building site in La Pradera


16 JULY 2012 HOME

Now that you have an investmentproperty, how does it begin to earnmoney? Real estate may sound likepassive income, but managing propertyrequires time and money. Cleaning,repairs, and improvements may be neededbefore marketing begins. Tenants must bescreenewople, contacts in the professionaltrades, and accounting and collectionsprofessionals.You may prefer to hire a property

management firm which can handle allaspects of your investment, includingsoliciting and screening tenants. Propertymanagement firms can also be veryconvenient at tax time by providingaccounting statements that detail incomeand expenses.Of course these services come at

a cost and must be factored in. Feesvary, based on the scope and quality ofthe services provided and by location,property type, condition of the property,

or the number of units or homes undercontract. Some charge flat rates whileothers ask for a percent of rental income.When evaluating property managementfirms, make sure you’re conductinga true apples-to-apples comparison.Some companies, for example, includeadministrative services in theirmanagement fees while others tack thison separately. Leasing fees (the cost offinding and screening a tenant) may alsobe a separate service. But some investorsprefer to have it included in a generalmanagement fee on the rationale that itcreates a stronger incentive for a propertymanagement firm to find long-termtenants.A good tenant who pays the rent on

time, takes care of the property, andrenews the lease one or more years isideal. Investors understandably feel asense of urgency to fill vacancies. Butfailing to carefully screen prospective

tenants can trigger much bigger problemsthan a small delay in generating rentalincome. Tensions with a deadbeat tenantcould lead to property damage and, insome cases, eviction difficulties.How to screen tenants? The most

important steps are talking to priorlandlords, verifying their current income,conducting a criminal backgroundand evictions check, and doing a creditreport. You may be interested in usingMySmartMove.com, a web-based servicefrom TransUnion that provides creditand criminal background information.Landlords initiate the screening process,determining who pays the fee (either $25or $30, depending on the depth of thereporting), then an online application ise-mailed to the prospective tenant.Whatever path you choose in managing

your property, be assured that yourreal-estate investment impacts families,communities, small businesses and the

nation’s economy in a positive way.For a list of local property-management

firms that are members of the Santa FeAssociation of Realtors, please contact usat 982-8385.

Rubel ”Paco”Arguello is a Santa Fe nativeand chief executive of the Santa Fe Associationof Realtors. Contact him at 982-8385.

Property management: a few tips

PACO ARGUELLO

NewsfromSFAR

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HOME JULY 2012 17


Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.www.sothebyshomes.com/santafe 326 Grant Avenue • 505.988.2533

SantaFeBeautifulHomes.com

105 AVENIDA ALDEA $499,000Contemporary Santa Fe-style home with gor-geous finishes, light open spaces, and mountainviews. Built in 2010, this striking residence fea-tures plaster walls, custom viga-beam and herring-bone wood ceilings, tile, travertine, and woodflooring, eye-catching doors, 2 kiva fireplaces, and3 walled outdoor living areas. MLS# 201104741105AvenidaAldea.com

1833 ARROYO CHAMISO $455,000This comfortable three bedroom residence onone acre in the Sol y Lomas/Arroyo Chamisoneighborhood is in very nice condition and haswonderful living spaces indoors and out. Walledand beautifully landscaped yard with portal, newerroof and boiler, new stucco. On 1 acre near thehospital. MLS# 2011049151833ArroyoChamiso.com

31 CAMINO PACIFICO $525,000Large Sunlit Hills home on 5.25 acres features gor-geous gardens and is highlighted by a fabulous land-scaped backyard with a sparkling swimming pool!The den and dining room both open to a patio andinviting portal leading to the splendid pool withbuilt-in hot tub. Remodeled kitchen and wonderfulviews over the City to the Jemez Mountains.MLS# 201202408 31CaminoPacifico.com

680 GARCIA STREET $1,800,000Adobe residence on one acre in the Historic East-side not far from the Plaza and Museum Hill wasoriginally built in the 1930’s and has grown overthe years to a 4BR, 5BA, 5,600 sq ft home with 5fireplaces plus an indoor swimming pool in a 1,570sq ft heated room. Enjoy wonderful outdoor livingwith a fabulous portal and walled garden.680GarciaStreet.com

616-B PASEO DE LA LOMA $659,000Rare offering downtown a few blocks from thePlaza with Amazing Views! Spectacular city lights,and remarkable vistas over Santa Fe to the Sandiaand Ortiz Mountains, as well as gorgeous views ofthe Sangre de Cristos! Relax in this 2BR, 2BA res-idence with bountiful light in an open-conceptliving room, kitchen, and dining room/sunroom.MLS# 201201987 616PaseoDeLaLoma.com

Simplif y Your Search • SA N TA F E BE AU T I F U LHOMES . C O M

505.954.5515888.257.6750 Toll Free

[email protected]@SothebysHomes.com

ALAN AND ANNEVORENBERG

954 CERRO DE LA PAZ $3,795,000Elegant Estate with stunning views on 12.5 gatedacres near the Plaza comprised of an impeccableresidence built by Doug McDowell in 2005 withsuperb finishes, 11 fireplaces, 8 baths includingdual master baths, fabulous kitchen, 3,000 sq ft ofportales, 1BR guest casita, and gorgeous swim-ming pool with cabana and bath.MLS# 201005922 954CerroDeLaPaz.com

12 VALENCIA RANCH $795,000An absolutely stunning adobe home in ApacheCanyon, this fabulous residence is really a treat!Experience elegant living in a wonderful settingon 8 acres with picturesque views of ApacheCanyon over the Galisteo Creek. Over $240,000in thoughtful and gorgeous improvements havebeen added. 20 minutes to the Plaza.MLS# 201201017 12ValenciaRanch.com

NEWLISTING

42 SAN SEBASTIAN ROAD $895,000A superb and classic example of Pueblo Revival ar-chitecture, this circa early 1900’s hacienda has beencompletely refurbished and remodeled in 2007.Thick adobe walls, 6 fireplaces, gorgeous flagstonefloors and stone baseboards, plaster walls, tradi-tional viga/split cedar latilla ceilings, and a big por-tal. Huge art studio with bedroom and full bath.MLS# 201201747 42SanSebastian.com

322 MAGDALENA ROAD, #6 $649,000This Pied a Terre with the utmost in Santa Fe Styleis two blocks from the Historic Plaza! Designed byBlaine Young and built by Sharon Woods, this 2BR,2.5BA residence in the beautiful Magdalena Com-pound has an elegant yet comfortable feeling.Extra thick adobe walls, brick and hardwood floor-ing, gorgeous kitchen, and lovely bathrooms.MLS# 201201992 322Magdalena.com

SOLD

UNDER CONTRACT

NEWPRICE


18 JULY 2012 HOME


Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.231 Washington Avenue • 505.988.2533 www.sothebyshomes.com/santafe

JARRED CONLEY505.927.5718

MARY KEHOE505.310.1422

FRANCESCA STEDMAN505.670.5566

Scan this QR Code with your smart phone toview these and all our listings online.

Download the app: search QR scannerin your app store.

Visit us at:BuySantaFeRealEstate.com

310 DELGADO STREET $1,200,000Steps from Canyon Road, the perfect pied-a-terre with an open concept1BR main house plus a fully equipped 1BR guest house. Plaster walls,beams & vigas, gardens, courtyards, off-street parking. #201102937

611-C ALARID STREET $439,000Walk to Railyard, Whole Foods, Farmer’s Market and numerous shopsand restaurants. Metro Compound 2BR, 2BA contemporary condodesigned by Trey Jordan with Sangre de Cristo views. #201103945

2300 WILDERNESS HEIGHTS $1,750,000This double adobe masterpiece by respected architect/inventor/artistBill Lumpkins offers a unique opportunity to own an excellent exampleof Pueblo Revival architecture, in a private 5-acre setting. #201104845

693 GONZALES ROAD $739,000Walk to the Plaza from this in-town house with views. Home islocated on large lot with privacy wall creating a beautiful entrycourtyard and off-street parking out front. #201105765

24 SAN RAFAEL DRIVE $875,000It’s all about the views. Dramatic views surround this sunny and spa-cious home with a lush entry courtyard and spectacular living room.Private and very special. #201102585

1170-B CAMINO SAN ACACIO $825,000Eastside Perfection. Completely remodeled 3BR, 3BA with ease of liv-ing on one level. Features a chef’s kitchen and 1BR, 1BA on the lowerlevel with separate outside stairs and morning kitchen. #201004044

601 PINON DRIVE $559,000Walk to the Plaza from this remodeled 2BR, 2BA adobe. Flagstone,stained concrete and wood floors, high ceilings in living room, chef'skitchen, plaster walls. Walled yard. #201102567

LOT 2-A LAS DOS III $750,000Four generations have lovingly maintained and appreciated therugged beauty of this irreplaceable property in Las Dos. Originallyhomesteaded in 1930. Panoramic views. #201104811

1223 LA RAMBLA $1,650,000A fabulous home in coveted Los Miradores, featuring an expansive liv-ing room with soaring 20' ceilings and 2 fireplaces, which flows seam-lessly into a formal dining area. Includes 4BR suites. #201201016

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HOME JULY 2012 19


Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.231 Washington Avenue • 505.988.2533 www.sothebyshomes.com/santafe 326 Grant Avenue • 505.988.2533

KARENWOLFE-MATTISON

505.984.5154Cell: 505.577.2245

Putting People and Properties Together

1496 WILDERNESS GATE $1,795,000Magnificent estate is on five acres amongst tall Ponderosaslocated just past the entrance to Wilderness Gate. This ex-pansive 3 to 4BR adobe home has grand spacious roomsaccented with warm finishes creating a lovely home environ-ment. The exquisite formal dining room features a Mediter-ranean dome brick Boveda style ceiling. Additional featuresare aged multi-hued oak floors, plaster walls throughout. Ninefireplaces (grand shepherd’s style in living room), bancos andwonderful architectural details. Fully super charming, self con-tained, one bedroom guest house with kitchen. Plus incrediblecity lights and sunset views. Now being offered for approxi-mately $200 per sq ft! MLS# 201200467

615 BISHOPS LODGE, UNIT #6 $325,000Great vacation or second home. This two bedroom, threebath, 1,472 square foot condo is just blocks from the Plazaand Fort Marcy. Fully furnished. Will need short term rentalpermit. MLS# 201201853

Residential SpecialistFor Over 25 Years

103 CATRON STREET #7 $859,000Best location in El Corazon de Santa Fe and one of the few 3bedrooms in the development. Classic finishes include diamondplaster walls, vigas, marble countertops. MLS# 201200054

SOLD

48 PASEO VISTA $485,000Hilltop home with magnificent expansive southern andwestern views. Lots of light throughout, 2-story living room,3BR upstairs and 1BR downstairs. MLS# 201105338

SOLD

CHARLES WEBERDirect: 954.0734 Cell: 670.9377

858 MAGEE LANE $599,000Over 2,300 sq ft featuring master with fireplace, single level, splitfloorplan, and extra hobby room. Clerestory hallway that shinesnatural light on the adobe accent wall. Extensive landscaping.#201201346

22 VISTA REDONDA $1,195,000Extraordinary Views! Over 4,000 square feet of remod-eled house and guest house. Incredibly quiet and privatewith a cozy pool, 3-car garage, and lots of exteriorentertainment space. #201104212

610 RIO GRANDE/605 GRIFFIN $575,000Casa Rio Grande welcomes you with an expansive en-closed brick courtyard with water feature. The charming2BR, 2BA main living area is 1,200 sq ft and boasts vigasand beams and hardwood floors. #201202202

223 SPRUCE STREET $449,500A tremendous home, on a lovely lot, in a great subdivision. At thetop of the cul-de-sac, discover this better than Stamm built home.The original 3BR, 2BA home now has an added master suite, sun-room with views and updated kitchen. #201202335

TAX DEFERREDEXCHANGE SPECIALIST

Helping People with Real EstateStrategies Since 1989

29 PASEO DEL COYOTE $795,000Enjoy Peace and Tranquility: This lovely 4BR, 3BA home boasts3,200 sq ft of soaring ceilings, exquisitely landscaped courtyard,and chef ’s kitchen with thoughtful design and finishes. 3-cargarage, evaporative coolers, and peaceful setting. #201202405


20 JULY 2012 HOME


Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.417 East Palace Avenue • 505.982.6207 www.sothebyshomes.com/santafe

2508 ROSINA STREET $257,000Nice adobe home in Casa Alegre with 3 bedroom and 2 baths,large wood stove, hardwood floors under carpet and a largeshed. The yard is walled and fenced for privacy and there isplenty of parking on this 0.2 acre lot. MLS# 201104585

RESIDENTIAL OFFERINGS

[email protected]

TAI BIXBY CCIM

9 WAGON WHEEL LANE $775,000Foreclosure investment opportunity! 7 unit multi-family incomeproperty consists of 3 freestanding homes and two duplexeson 6 acres. Conveniently located near I-25 and Old Pecos Trail.MLS# 201201315

COMMERCIAL OFFERINGS

612 OLD SANTA FE TRAIL, A $795,000This historic adobe compound was built circa 1910 and remodeledin 2001 by acclaimed local architect Eric Enfield. This is an excep-tionally well-finished and updated commercial or residential condoon the historic Old Santa Fe Trail. MLS# 201103198

1918 HOPEWELL STREET, A $485,000Colorful and unique 3-story, mixed-use opportunity. C2 zoning al-lows commercial and residential uses. Ground floor is configuredas commercial offices, upper floors are configured as 1 bedroomresidential loft over an open space living area. MLS# 201201654

1918 HOPEWELL STREET, B $269,000Colorful and unique! This impeccably maintained live-work condois in the Pacheco Triangle neighborhood. C2 zoning allows com-mercial or residential use. Great for artists, professionals and thosewho want to live upstairs and work downstairs. MLS# 201200069

1150 CANYON ROAD $1,995,000The Manderfield School, historically designated. Original structurewas built in the Territorial Revival style by John Gaw Meem in1927. The zoning is R-5 and is perfect for a residential compoundwith common artist studios. MLS# 201200570

14 ARROYO CUYAMUNGUE $1,100,000The Triangle Inn. Wonderful bed and breakfast inn property. Fivedistinct casitas ranging from cozy studios to a large two bedroomhouse. Main house is approximately 4,000 sq ft. Charming adobeliving in a rural and convenient location. MLS# 201105233

1206 GALISTEO STREET $475,000Excellent location. This is a recently updated and well maintained2 level home with 3BR, 2BA in 1,937 sq ft. In the desirable SouthCapital neighborhood. MLS# 201201696

2953 CALLE DE OVEJAS $275,000Great home on a corner lot. Well maintained with 2BR and astudy that could be a 3rd BR, plus a sunroom with high ceilings.Light and bright 1,609 sq ft open floor plan. MLS# 201201701

706-708 EAST PALACE AVENUE $690,0004-unit fully rented income property in the heart of Santa Fe’s East-side. Each unit open to a portal facing a common shaded courtyard.Each unit has its own private yard. MLS# 201100168

401 OLD TAOS HIGHWAY $4,200,000A rare opportunity to own a Santa Fe landmark! The Ghost RanchConference Center is now available for reimagining and reinvent-ing. The real estate includes 2.521 acres and 31,940 square feet ofbuildings connected by corridors. MLS# 201104332

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HOME JULY 2012 21



KATHERINE BLAGDENOffice: 505.955.7980Cell: 505.490.2400kbsantafe.com

707 EAST PALACE AVENUE, #7 $575,000La Vereda home near the Plaza, in wonderful condition. LovelySanta Fe details include vigas and beams, a kiva Heatalatorfireplace, a south-facing patio with fireplace, and a delightfulupper deck off the master. 2BR, 2BA. MLS# 201201955

2 WILDFLOWER WAY $649,900Long before Las Campanas, this 3,700 square foot oldadobe house and 1,200 square foot guest casita sat on fiveacres of quiet and great views, which it still enjoys in its won-derful location. MLS# 201200381

62 EAST WILDFLOWER DRIVE $610,000Views and wonderful seclusion from this sweet two bedroomTierra Del Oro home while just minutes from town. High ceil-ings with vigas and latillas, brick floors and open conceptliving/dining areas. MLS# 201201444

705 GALISTEO $385,000Charmingly authentic 1924 adobe near the Railyard and the Plazais a special treasure, with 4 fireplaces, wonderful viga, beam andlatilla ceilings and plank wood and tile floors. Two or three bed-room, 1,668 sq ft South Capital home. MLS# 201202741

NEWLIS

TING

NEWLIS

TING

Tune in Every Sunday at Noonon Talk 1260 KTRC-AM

“All Things Real Estate” Radio Show

2011 Santa Fe Chamber of CommerceBusiness Excellence Award Nominee

Hosted by Rey Post, Associate Broker, Sotheby’s International Realty.Also listen on ATREradio.com (at “1260 KTRC Live StreamingAudio” button).

WHAT PEOPLE ARE SAYING ABOUT THE SHOW:“The June 3rd remote broadcast from the Santa Fe Marimba Festival was great! I watchedthe video stream from Texas and know that the one we stage this fall from the BonanzaCreek Ranch movie set will be a huge success!”Sonja Howle, Owner, FamousBarns.com, San Antonio, TX

“Insurance is an important necessity for any condominium or home owner and the radioshow provides me with a terrific platform to talk to consumers about their options.”Vince Marciano, Marketing Manager, the SAX Insurance Agency

“We were extremely pleased with the remote broadcast from thegallery on Mother’s Day. I can’t imagine why any business wouldn’twant to use a remote to entice consumers to their own location.”Stephen Etre, Co-Owner, Stephen's, A Consignment Gallery, Santa Fe, NM

For more information, contact Rey Post: [email protected]. JANICE COX

[email protected]

9-B PASEO DEL PAJARO$747,500NW home featuring Sangre deCristo views for enjoying summerin true Santa Fe style. Deep por-tales and outdoor fireplaces ex-pand living and entertaining areas.Oversized kitchen, well appointeddining area, and great room withbar and wine fridge. Hardwoodfloors, oversized master with gasfireplace, private patio, and a hugewalk-in closet. 3-car garage!#201202301

6 PASEO DEL ANTILOPE$695,000Enjoy spectacular sunset views reminis-cent of the Old West on your very ownSanta Fe portal! Designed for entertaining,this home features an open living plan withgorgeous, low-maintenance landscapingand outdoor spaces on 2.5 acres.#201202713

NEWLISTING

36 RAVEN RAVINE $675,000Poetic adobe handcrafted home that is a fusion of craftsman/Asian/southwest design, includes a studio, office/guest house andheated garage perched above the Lower La Cienega Valley on al-most four fenced and gated, well watered acres. MLS# 201202750

NEWPRICE


22 JULY 2012 HOME

Warren Sacks honored in national magBy Paul Weideman

This spring, the editors of Realtor Magazineannounced that Barker Realty’s Warren R.

Sacks was named to the “30 Under 30” Class of2012. Sacks, who has been with Barker Realty forseven years and is currently vice president, wasamong those recognized for excellence in thecategories of business management, leadership,sales, or community service.He sits on the Santa Fe Association of Realtors

board of directors and is an alternate on theRealtors Association of New Mexico board. He waspreviously also on the local board for Big BrothersBig Sisters.Barker Realty president David A. Barker

mentioned Sacks’ “fighting spirit” in commentsabout the honor in Realtor Magazine, the officialmagazine of the National Association of Realtors.“The downturn in the real estate market broughtout the best in him. Warren’s leadership contributedsubstantially to Barker Realty’s more than doublingtheir sales over the past two years.”Home|Santa Fe Real Estate Guide interviewed

Sacks at the company’s headquarters in the Santa FeRailyard.

These are tough times.They are. Every deal we see is challenged. Now

that we’re starting to see some improvement in the market,we see buyers thinking they’re going to get everythingthey want, and sellers are holding firm. The dynamics arefascinating.For a year or two after the crash, brokers were

complaining that sellers had unrealistic prices. Nowthey’ve made those adjusments and they don’t think theyneed to come down further. Is that still a problem?Well, believe it or not, 9 percent of sellers still reduce

their prices every two weeks. The numbers we’ve been mostfocused on recently are for inventory. There’s around 1,400homes for sale in Santa Fe County and it was over 2,600five years ago. That’s a real positive.Let’s talk about you. Where you were born and raised?Here in Santa Fe. I’m a Santa Fe High School alum and

then I graduated from Elon University in North Carolina.Why there?At 18, I wanted to get as far away as possible.What was your major?It was history, but I tell people I got a major in partying

and a minor in history.And your path to Barker?Ten days after I graduated, I came to interview here with

David and Lisa. I showed up in my nice coat and tie andthey said you look very professional, but we need you injeans and a T-shirt. I spent my first two weeks here cleaningout the basement. That’s what they hired me for. Then Iwas receptionist for two or three months before I got myreal-estate license.

I partnered with Artie Garcia for about 18 months. Irepresented The Alameda condominiums, heading up ourteam with Robin Zollinger and Artie. I started helpingDavid a lot more on the day-to-day management, theoperations, and where he wanted to take the company. Inthe spring of 2008, he promoted me to vice president. Thenit was that fall when the world changed.You said “where he wanted to take the company.”What

were the options?I think it was sell, merge, or re-invent, and we clearly

went with the re-invent option. We became a very agent-centric culture, where we really tried to focus on listeningto what our agents want, what they needed to be successful:the education and personal development and professionaldevelopment that they needed and wanted to help us moveforward.Technology was more important?Everything is cloud-based, and we have been heavily

focused on that, so we have to have a much stronger webpresence to reach out to the consumer and to speak tothem in a way where they contact our agents. We really tryto base all our technologies on the consumer.Last Friday we had a client-appreciation party. Lisa

[Barker] calls it the Barkeroo Ball. We had tons of pastclients and it was a chance to let them know from a localperspective how much we appreciate who they are andtheir loyalty to us.What do you enjoy in your off hours?I love the outdoors, including snowboarding here in

the winter. I love travel. Last year I was fortunate to be

able to go to Africa on safari and the year beforethat I was in Asia. I love having real adventures,with no blinking cell phone, in places that are not asdeveloped.Where did you go in Africa?Botswana, but I did do a bungee jump at Victoria

Falls in Zimbabwe: a 333-foot freefall.That’s insane.I’m all about adventure and being uncomfortable.

It’s how far can you push yourself, personallyand professionally, what’s possible versus what inyour mind you tell yourself is possible. I guess I’mtraditional and at the same time very untraditional.We try to think outside of the box and try not to letthe industry dictate what can be done.We have a continuing problem in our banks,

including not allowing for a perhaps bettersituation in Santa Fe.Lending tightened and there has been no

loosening at all, although I think Century Bank, LosAlamos National Bank, New Mexico Bank & Trust,the local institutions, are a lot more reasonable. It’sthe giants out there, which don’t have an intimateknowledge of Santa Fe, that are dictating things. AlsoI think our credit unions have more flexibility thananyone else. They’re an underutilized asset.It’s hard. Anytime the rates bottom again, there’s

a refi boom and applications flood the market. Thatspike logjams everything and it makes purchases

harder, even though it’s a positive thing that people can getsuch a wonderful deal.What’s your forecast for the second half of 2012?I’m very optimistic. I think we’re seeing a lot more buyer

urgency, an increase in consumer confidence, and well-priced homes that hit the market and sell in a day, a week,a month.But we do have a presidential election coming up. I’m

cautiously optimistic. When the political rhetoric getsgoing, will that hurt consumer confidence? We want tofocus on the positive, but in the back of our mind we haveto be prepared for a possible slowdown later this year.And we have this shadow inventory now: foreclosures

and short sales. There’s going to be more distressedproperties hitting the market than people want toacknowledge. Last year 24 percent of sales were distressedand this year it will be more like 28 to 30 percent. Thatpresents a problem for equity sellers, especially when thereare distressed properties on the market nearby that may bepriced much lower.But some of those homes have been sitting without

maintenance for years.We encourage all of our clients to be more thorough than

ever on inspections so they know what they’re buying. Ourpeople have to be so much more skilled and really look atthe details. David and I are relentless, probably obnoxiouslyrelentless, with our people about understanding the marketand explaining the market to their clients.

PHOTO BY PAUL WEIDEMAN

BLACK CYAN MAGEN-

P.O. Box 4951 Santa Fe, New Mexico 87502 / 505 992 0015 office / 505 989 9860 faxwww.DonnaElenaSaizRealEstate.com

600 Armenta St.Offered At $1,495,000MLS #201201771

• Main House - 4 Bedroom / 4 BA

• Guest House - 1 Bedroom / 1 BA

• Electronic Gates / Koi Pond

• 4,689 sq. ft. +/-

• Situated on 1.3 Acres

• Private, Yet Close To Everything!

Offered At $597,000 • MLS #201202573Stunning Views Front & Back4 Bedroom / 3 Bathroom, 2,800 sq. ft +/-

196 Gonzales Rd.

With great excitement I would like toannounce that Jeanne Chieffo Boyleshas joined my office. Formerly theHousing Manager for the Santa FeOpera, Jeanne has also been a licensedRealtor for 32 years and a residentof Tesuque for 39! She knows all thenooks-and-crannies of the Santa Fehousing scene. She may be reachedat 505.501.4311 or by email: [email protected]. Welcome Jeanne!

Jeanne Chieffo Boyles

Offered At $379,000 MLS#201102261Casa Solana Charm & Great Location3 Bedroom + Ofc. / 2 Bath, 1,750 sq. ft +/-

1304 Avenida Aliso

600 Armenta St. - Museum Hill BeautyBehind gated walls a visual pleasure awaits the discriminating buyer.

ConnectionExpertise

VisionConstancy

OPEN SUNDAY JULY 1st, 1:00-3:00PM

www.600Armenta.com


24 JULY 2012 HOME

This beautifully designed and built home is nestled among pinons andponderosa on 1.25 acres, and borders a natural arroyo / nature trailperfect for lovely daily walks. Built in 2006, the home is 2BR, 2BA,1200 sq ft, and boasts diamond finish plaster walls, dramatic beamedceilings with skylights, tinted concrete floors with radiant heat, and aspacious, brick-lined portal overlooking the arroyo. Lovely two-sidedwood-burning fireplace that is enjoyed from the kitchen/dining andliving room. Lots of natural light and privacy. Nicely located between

Harry’s Roadhouse and Bobcat Bite. MLS# 201201895

200 W. DeVargas, Suite 2 • Santa Fe, NM 87501 • 505-982-4201

Missy Wolf, Associate Broker • 505-310-9700Marcia Wolf, Qualifying Broker • 505-982-4201

$349,000

982.9836 | 1.800.586.1032 | 530 S. Guadalupe Street (historic railyard) | Santa Fe, NM 87501 | BarkerRealtySF.com

Walk to the Plaza

You can’t get any closer toThe Plaza! This authenticSanta Fe adobe is the realSanta Fe experience. Twomastersuites, high ceilingswith vigas and latillas, kivafireplaces, brick flooring withradiant heat, skylights and French doors that lead to an incrediblyprivate large shaded courtyard. While this property would makea wonderful residence, it is also a completely furnished, turnkey

property that has a great rental history andshort-term rental permit.

Mobile: (505) 204.2491Fax: (505) 455.8757

Email: [email protected]

Stephanie Duran

MLS# 201200802

317 Magdalena

Price At: $569,000

We don’t just sell new homes,we sell lifestyles.

We offer the perfect solution for those wanting to travel,entertain and enjoy a carefree lifestyle. Spacious single storyfloor plans with beautifully designed elevations. Great new

homes for empty nesters looking for thatideal location 5 minutes from the Plaza.

CH A P M A N H O M E S 5 0 5 - 9 8 3 - 8 1 0 0 c h a p m a n h o m e s . c o mOpen Sunday - Fr iday 1- 5PM Old Pecos Trail at St . Michae l s Dr ive near Zia Rd.

218 Camino La Tierra Santa Fe, NM505.988.2428

belltowerpropertiessantafe.com

Craig Huitfeldt, QBMichaelann HuitfeldtJohn ArnoldJan KapustinskyNancy LehrerJohn ScottBob SherwinJack WelchStephanie Yoder

Luxury in the high desert.Located in the heart of Las Campanas,

selling all of Santa Fe.

bell tower properties,llc.(on the way to Las Campanas)

BLACK CYAN MAGEN-

HOME JULY 2012 25

Providing security for today, wealth for tomorrow and acting as a

lifeline during tough times, profit share is changing lives.

While others are slowing … Keller Williams Realty is growing.

And, we’re sharing the rewards.

While others are closing their doors …

we’re opening new ones for our stakeholders.

In 2008, Keller Williams Realty distributed more than $30.5 million

in profit share to those agents who helped grow our company.

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BLACK CYAN MAGENTA YELLOW PAGE 27 BLACK CYAN MAGEN-

W m . D a v i d D o u g h e r t y , B r o k e r . C l a r a L . D o u g h e r t y , B r o k e r A s s o c i a t e . J e n n i f e r H . T o m e s ,

expect more.505.989. 7741 • 433 WEST SAN FRANCISCO STREET SANTA FE, NM 87501

www.dresf.com.BROCHURES.FLOOR PLANS.MULTIPLE PHOTOS.STATISTICS.AND MORE!

214 MESA ENCANTADO. Completely remodeled in 2010, this beautiful, fullyfurnished and equipped condo in Pueblo Encantado offers spectacular sunsetviews over the Jemez Mountains from the highest point in the complex. All newkitchen appliances, HVAC, laundry, and water heater are just a few of the won-derful features. The spacious master bedroom has a kiva fireplace and redesignedmaster bath. A private guest bedroom also has a fully renovated bath. There areexcellent closet and storage spaces, including cedar storage under the banco.Wonderful walking and hiking trail on the HOA grounds, pool, full time manager,and a groundskeeper. A well-maintained condo community in a natural setting.

MLS #201202461 $365,000Clara L. Dougherty • 505.690 .0471 • [email protected]

1445 NEVADO RIDGE. Nestled among the pine trees of The Santa Fe SummitNorth is this dramatic contemporary, two-story,3 bedroom, 21/2 bath home. Astunning spiral staircase sets the stage for the inviting and open floorplan. Expertlysited, each room takes advantage of the views from the expansive windows thatinvite the outside in. The elegant use of natural light highlights the natural finishesand built-in cabinets. The living room has a magnificant treetop view, fireplaceand wetbar. On the lower level is an office/library, a spacious master suite withwalk-in closets, sitting area, full bath, and ground level forest fiews filled withwildlife. A little bit of peacefulness and just 10 minutes from the Plaza.

MLS #201200947 $940,000Clara L. Dougherty • 505.690 .0471 • [email protected]

104 CAMINO CHUPADERO. Resting on 7+ acres of land, this wonderful ranchitohas 3 wells, 2 ponds, acequia rights, 3 pastures and mature trees, all borderingthe Chupadero River. The 3 bedroom double adobe is sophisticated and under-stated with traditional hand-plastered walls, cathedral ceilings, and brick andoak floors. The compound has a swimming pool and large spa, an equip-ment garage with office, a double garage, a freestanding chicken coop andan incredible horse facility that includes a well-equipped barn with 4 stalls andruns, heated tack room, half bath, and separate loafing shed and round pen.

MLS #201201920 $1,495,000Jennifer Tomes • 505.690 .6477 • [email protected]

expect more.B r o k e r A s s o c i a t e . W a r r e n T h o m p s o n , B r o k e r A s s o c i a t e . P a m A l e x a n d e r , O f f i c e M a n a g e r

211 ROSARIO #5. A beautifully maintained two-story condominium close tothe Plaza and downtown Santa Fe. A bright, open floor plan highlights this con-dominium which is graciously appointed with kiva fireplace, vigas, saltillo floors,divided light windows and a private landscaped courtyard. With 2 bedroomsand 11/2 baths this home can serve as the perfect full-time residence, pied-a-terreor as a rental property. Many desired features include: gas cooking, washerand dryer, radiant floor heating, security system, and a one car garage plusadditional communal parking. Worth noting is the property has demonstrateda consistent rental history.

MLS #201201655 $339,000Jennifer Tomes • 505.690 .6477 • [email protected]

34 GOODNIGHT TRAIL. Gorgeous, contemporary Pueblo-style home in La TierraNueva. Completely renovated and remodeled by Wolf Corp., this 4 bedroomadobe home on 10.35 acres is loaded with details: American Clay wall finishes,custom cabinetry, built-in bookshelves, skylights, vigas and coved ceilings, windowcoverings, custom art lighting, and plenty of storage throughout (including alarge walk-in closet in the master suite). The gourmet kitchen is equipped withstate-of-the-art appliances, including an induction stove top. Beautifully land-scaped with two walled and landscaped courtyards.

MLS #201103432 $1,875,000Clara L. Dougherty • 505.690 .0471 • [email protected]

A FULL SERV ICE REAL ESTATE BROKERAGE FOR OVER TWENTY YEARS

www.dresf.com.BROCHURES.FLOOR PLANS.MULTIPLE PHOTOS.STATISTICS.AND MORE!

16 N. CAMINO DON CARLOS. This custom designed home incorporates bothtraditional Southwestern and contemporary design elements. The 3 bedroom,31/2 bath main house features a massive great room with 18+ foot ceilings,vigas, fireplace and spiral staircase leading to a loft. The flexible floor plan alsoincludes a formal dining room, gourmet eat-in kitchen with stainless steelappliances and kiva fireplace, family room/den, antique doors, flagstonefloors and beautiful accent tile work, plus a detached 1 bedroom, 1 bathroomguest casita. Additionally there is an attached 2-car garage plus a detached 2-cargarage with additional storage and views galore.

$897,500Clara L. Dougherty • 505.690.0471 • [email protected]


28 JULY 2012 HOME

THE FLANCE COMPANYStephen R. FlanceQualifying Broker and Owner505-988-9891 • 800-409-2494bishopslodgehills.com

All information contained herein is deemed reliable, but no representations or warranties are made as to the accuracy of the information. Availability is subject tosale or withdrawal without prior notice. Plans, specifications and prices are subject to change without prior notice. An owner is a licensed New Mexico real estate broker.

Exclusively represented byCall Steve Flancefor a tour at505-690-5838

• Only one 2 bedroom, 2 bath Villa remaining,1,730 sq. ft. at $595,000 NEW PRICE $560,000

• Only five spectacular custom lots remaining,1+ acre, from $168,000 $142,800

• Resort Recreational Amenity Package available.

Free-standing Villa and CustomHome Lots with Stunning Views

The Hills and Villasat Bishop’s Lodge

REDUCED

PRICING

1114 N. Riverside DriveEspañola, NM • 505-753-7159

www.cybermesa.com/~yuccareal

LAND

El Guique: 34 ac & 160 ac trs

Abiquiu: 1.48 ac $28,000Santa California City: 1.9 ac $30,000El Rito: 2.13 ac $38,000Espanola: .20 ac $52,000Truchas: 2.39 ac $53,000

Espanola: Chacoma Vista $50,000Tierra Azul: 3.62 ac $70,000Medanales: 5.47 ac $70,000Abiquiu: 4.86 ac $125,000Espanola: 1.14 ac $160,000

ESPAÑOLA - Great location for this 4 BR, 2 BAhome, it’s a corner lot, home has passive solar exposure,detached garage, carport, large living room, and fire-place. Convenient location, close to schools, hospital,churches, parks, library and swimming pool. Walled yard.0.380 acre $165,000

ESPAÑOLA - Country living in the City. This 3BR, 1 BA home sits on .59 acre, 1998 sq. ft., featuresflagstone, carpet and tile floors. Beams in some rooms,wood stove, sun room, propanel roof, detached garage/workshop, several out buildings. Water rights to waterincredibly beautiful landscape, private well, city utilities,basement area and numerous features. $250,000

ABIQUIU - Adobe home on the Chama River, featur-ing 3 BR, 2 BA, 2550 sq. ft., 4 kiva fireplaces, nichos,tile & wood flooring, vigas, large south windows, viewsof the river, spiral staircase with Pedernal views, largecottonwood trees, natural landscape, detached garage/workshop, own well and septic, many, more features. AMust See!! 27.610 acres $500,000

EL LLANO - Minutes to town and schools, this 3BR, 1 BA home with attached garage has propanel roof,evaporative cooling, hardwood floors, wood stove, natu-ral gas, own well and septic all on 1.5 acres. $137,000

BLACK CYAN MAGEN-

HOME JULY 2012 29

Darlings,Wednesday is Independence Day, and

I usually look forward to shooting off atleast a few bottle rockets, but this year’sferocious fires have certainly dampenedmy desire. (Don’t misunderstand me,Cream Puffs, I still have desire in myheart for other dangerous activities, likewearing my heart on my sleeve, or puttingmy foot in my mouth, but this seasonplaying with fire is off limits.) I have somefriends whose house was counted in the225 homes destroyed by the Little BearFire that charred 59 square miles outsideof Ruidoso. I don’t know any of the troutpersonally, but I do know that thousandsof them are being relocated from theirstreams in the Gila to a fish hatchery inNorthern New Mexico in an effort to savethem from the damaging aftereffects ofthe raging fire in the Gila Wilderness.These are very sobering events leadinginto a dry summer. So... my advice to myLittle Firecrackers this holiday: skip thefireworks and enjoy the day for its originalintent, a day celebrating the approval ofthe Declaration of Independence on July4, 1776.Speaking of England (and our

independence), where were you duringthe four-day celebration of theQueen’sDiamond Jubilee? While I was watchingthe celebration unfold on the TV in myliving room, my friend, Tori WarnerShepard (City Different Realty) waswatching with her husband,David, andfriends on a British ship embarking on atwo-week Baltic Cruise. Kittens, I thinktheir TV screen was bigger than mine.(And I’m so embarrassed that I don’t havea Media Room.) Anyway, while watchingone particular shot of theQueen smilingat the audience with the entire cast of theDiamond Jubilee Concert behind her, bothTori and I couldn’t help but notice that the

Queen, at 86, seems to look younger thanPaul McCartney, at 70.Here’s another age and celebrity thing

(while we’re on the subject). Maybe it’sjust me, but I’m thinking thatMadonna ismaybe too old and sinewy (enough yogaand macrobiotics already!) to be flashingher old and rather uninteresting rightbreast on a stage in Turkey, of all places. Idon’t think she understands that she oncewas edgy, but that was a long time ago. Asthe song says, “That was yesterday...andyesterday’s gone.”Back to today and speaking locally

instead of globally, Jim DeVille (formerlyBarker Realty) has returned to Sotheby’s.I caught up with him when he and hispartner, Scott Roby, were checking ona gigantic redesign/remodel project inLas Campanas that Scott is doing. (I saygigantic, but I know that size is relative,so if you want to know exactly how big,Possums, give Scott a call.) Jim said hehad a great time at Barker Realty, but he’sglad to “be home.” This time, he’s at theSotheby’s Washington Ave. office, whichmakes me realize his motivation: hemissed the Santacafé.After an almost 18-year hiatus, Jeanne

Boyles has returned to the world of realestate and is working with her friend,Donna, atDonna Elena Saiz Real EstateGroup. The people at The Santa Fe Opera(where Jeanne was the housing manager,etc. - a very big etc. - for many years) criedwhen she left, and they’ve probably had tohire at least three people to take her place.Jeanne, who lives near Shidoni Foundry inTesuque, moved here in 1970 and met herhusband, Norman, at a party at the latebut legendaryWinnie Beasley’s Tesuquehome, where Winnie was entertaining herguests by playing a lowdown style of musicon her “gutbucket.” (Winnie was a multi-talented, eccentric character, and those,

my friends, were the days.)Jeanne and her six siblings grew up

in what was once the country home ofFanny Brice in Huntington, Long Island.Cornflowers, I tell you this so that youget an understanding of whom Jeannehas been channeling all these years. She’sthe entertainment wherever she goes, sothe real-estate community will be thrilledto have her again. When Jeanne has timeto pen her life story, it will be “My Large,Crazy Improv Life.”Here’s something I forgot to mention

last month. Ed Larson (owner of theEd Larson Art Gallery on Canyon Roadacross from El Farol) has added yetanother title after his name. It is nowEd Larson: Folk Artist, Cowboy Poet,Father of Eight, andOrdained Minister(non-denominational). He found thatperforming the marriage forDavidHall and Alice Seely in May was sorewarding that he’s offering a special onweddings for the whole month of July.For only one payment of $19.95 (is thisan infomercial??), Ed will perform thewedding. For an additional $19.95, hewill include a 6x8 original painting of thehappy couple, a cowboy poem crafted justfor them (to be used as the foreword in theguest book), and a homestyle recipe forgood old-fashioned happiness. (Pumpkins,I must warn you that he’s been marriedmore than once... but creative people don’talways lead by example.)So long, Sweetpeas. Until next time...

Oakley

Oakley can be reached [email protected]

OutandAbout

LOLOMG the Queen looksyounger than Beatle Paul!

OAKLEY TALBOTT

Tori holds British flags to ensureshe won’t be ejected from theship during the Queen’s DiamondJubilee

Jim DeVille isback home inSotheby’s arms

Donna (left) is thrilled to be workingonce again with her old friend, Jeanne(right)

Bonnie (left) thinks her husband Ed’s newvocation (ordained minister) brings anotherdimension of happiness to their lives. Ed’sgonna write a new poem about the joys ofmarryin’ folks.


30 JULY 2012 HOME

By Paul Weideman

he colorful profusion of flowering plants on this property representsan accomplishment of many years that approaches — or perhaps evenembodies — the poetic. And the house is no slouch, either. Originally built

in 1960 with guidance from the architectural team of John McHugh and Wayne Lloyd, ithas been greatly expanded by the second owner during her three decades here.Large apricot and other mature trees shade the central landscaped area of the circle drive

in front of the house. In the entry courtyard is a “river” of matte-finish, cobalt-blue glassrocks running through lush plantings.The main house, which is located in the Museum Hill area, started life at less than 2,000

square feet. Now, as the result of a series of additions, it is more than 9,000.The abode in the wintertime is warmed by multiple fireplaces. There’s even one in the

foyer; the space also is graced with cutout nichos, allowing enjoyment of the art piecestherein both in the foyer and in the dining room on the other side of the wall.The elegant living room has viga ceilings, a built-in library wall, a wet bar, and a

handsome, carved-wood fireplace.A garden room accessing the outdoor areas is comfortable with fireplace and a plethora

of cabinets bearing Peñasco-design cutouts.The kitchen has brick-tile floors and countertops of Brazilian granite, including on the

substantial island that holds a six-burner Viking cooktop. Other equipment includes a pair

of Sub Zero refrigerators and a Dacor double oven. The cabinets are Wood-Mode withcustom fronts by the owner, lending an easy country ambience to the food-preparationarea. The master suite was designed with two bathrooms, his with walk-in tile shower, herswith oceans of counter space, a big spa tub, separate toilet room with basin, and a wet bar.A door in the master suite opens onto one of the courtyards, rampant with healthy plant

specimens in an amazing variety, a few examples hostas, peonies, poppies, columbines,foxtail lilies, hollyhocks, lobelias, daylilies, delphiniums, dianthus, and roses. The maturetrees include aspen, cherry, white Japanese peach, redbud, and evergreens.There are also beautiful lawn areas, an arbor of grapes and large-flowered clematis, and

a dense raspberry patch. There’s even a stand of bamboo, providing canes for use as gardenstakes. Everything has been planted organically and it’s all on a drip-irrigation system withtimer.A stream, two ponds with waterlilies, a waterfall, and a small stepbridge comprise the

major water feature near the front of the house.There are three guest outbuildings: Piñon Cottage with two bedrooms, full kitchen, and

a dedicated courtyard; the more contemporary Rose Cottage; and the Barn Casita attachedto stables. Horse pastures and stables were in use until recently. There are, indeed, multiplelifestyle possibilities on this 4.76-acre property. “There are two different worlds here; thisone relates to Northern New Mexico ranch,” said Realtor Marilyn Foss.She and Kevin Bobolsky, both with Santa Fe Properties, are listing the Museum Hill

compound for $4,450,000.

T

Asplendor inhomeandgardenPhotos by Jane Phillips / The New Mexican unless otherwise noted

Inside Adobe Walls

1303CaminoCorrales.OutOldPecosTrailand turnLonArmenta (atCordova light).TurnLat the “T”ontoCam.Corrales.

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32 JULY 2012 HOME

As we entered for the first time intothis old Eastside adobe duplex, the dismalwalls called out for HELP! The duplexconsisted of two separate units totalingabout 1,200 square feet and sharing acommon adobe wall at the heart of theproperty. The owner’s ultimate goal wasto reconstruct it into a single-familyhome that she could enjoy living in andwelcome family and friends into a warm,inviting space. Understanding the lifestyleof the client is the key to creating thedesign story of this progressive change.Focusing on the proposed kitchen inthis article, you will witness a vision andnatural progression for the interior designand how it came alive.When thinking about

transforming a small space,it is imperative to utilizeevery bit of square footagein a meaningful way. Alsoconsidering the uniqueness ofthe space takes into accountwhat may be the best partof the transformation. Inthis case a dark closet wastransformed into a lovelyand light pantry passageloaded with smart details andfunction.The designer had to

discover the owner’s lifestyleand aesthetic to thoughtfullyform the groundworkrequired to create a functionaland naturally charmingspace. Keeping a simple yet

distinctive design style and carefullyappointing design details was veryimportant in collaboration with the ownerof this small and efficient kitchen.Note the unique and purposeful design

details:1. The previous garden window was

old, and clearly an eyesore both exteriorand interior. It was replaced with a uniquewindow that had enough depth to floatpotted herbs on glass shelving, creatinga fresh, natural focal point at the kitchensink.2. Next the designer selected a

shimmery glass tile to update and calmthe space, bringing in a water element

and a unique play against the soft warmundertone of the diamond-plasteredwalls. The two materials complementeach other in a unique and fun way.3. Reclaimed barn wood was selected

for open shelving to add texture, warmthand character without cluttering the spacewith upper cabinets.4. Distinctive black iron brackets

supporting the old barn wood becameone of the biggest little details that in theend had added a bit of drama, creating anedgy contrast against the soft plaster tonewithout being too heavy.Design challenges such as this can be

overwhelming. Seeking the support of

a licensed interior-design firm can helpyou achieve incredible results with anexpectation of a unique transformationthat completes the story of a naturallycharmed space both with beauty and

function.The kitchen pictured was

designed by Jennifer Ashton,Allied Member, ASID, a staffdesigner at Samuel DesignGroup based in Santa Fe.Construction renovationwas completed by YardmanConstruction, Santa Fe.

Lisa Samuel, ASID IIDA(505-820-0239, [email protected]) is anaward-winning interior andfurniture designer and the ownerof Samuel Design Group Interiorsand Home Boutique located at428 Sandoval Street, Suite B,Santa Fe, NewMexico 87501.

Univest - Rancho Viejo, 52Victorio Pk. $150,464.— 42 Johnson Mesa. $200,000.Samuel Ochoa, 16A Calle de

Vigil. $150,000.Sivage Community Devt., 32

Cam. de Colores. $197,315.

La Nueva Querencia, 41 LaPradera. $67,819.— 43 Caballo Viejo. $67,819.Community Realty Inc., 22

Plano Arbolito. $240,000.Donald Clark, 11 Calle

Altura. $245,000.Eduardo Montenegro, 41

Centaurus Ranch Rd. $225,000.Thomas Burson, 689-B Anaya

Rd. $189,000.

Pulte Development of NewMexico, 3808 Montana VerdeRd. $171,240.— 3812 Montana Verde Rd.

$219,158.— 3826 Montana Verde Rd.

$254,942.

— 3828 Montana Verde Rd.$254,942.

David Ohori, 717 Calle deLeon. $280,000.Homewise, Inc., 4404 Lumbre

del Sol. $138,000.— 4470 Contenta Ridge.

$124,000.Mike & Lynette Mallory, 616

E. Alameda St. $392,000.Borrego Construction, 1528

Calle Preciosa. $190,000.

Santa Fe Habitat forHumanity, 7284 Ave. El Nido.$100,000.— 7286 Ave. El Nido.

$100,000.— 7288 Ave. El Nido. $100,000— 7290 Ave. El Nido.

$100,000.

Building permitsSANTA FE COUNTY building

permits issued from mid-May

to mid-June included the fol-

lowing:

Building permits issued by the

CITY OF SANTA FE during

the month of May included the

following:

An Eastside adobe transformation

LISA SAMUEL

ArtfullivingByDesign

Before After

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The mortgage rate I am addressing isthe 30-year fixed rate at an incredible rateof 3 percent without points and very lowclosing costs. Is this possible? Lets lookat two competing economic scenariosfor the key to the future of mortgagefinancing.The United States, Europe and the

rest of the world have never experiencedthe reduction of interest yields that weare now seeing. U.S. Treasury yields arecurrently at record low levels as a resultof a “flight to quality” - as uncertaintyspreads, investors place their investmentsin financial instruments that theybelieve have no possibility of failure.The Treasury market is indeed that safelocation for the world’s money.Think about it. As more and more is

invested, the price of the Treasuries goup and the corresponding yield declines.The 10-year Treasury has reached thelowest point in decades at a 1.50 percentyield. That means investors would rather

accept a return of 1.5 percent than risktheir money in stock holdings or anyEuropean government bond. This firstidea, Scenario I, suggests that the 30-year, fixed-rate home mortgage will fallto 3 percent because its relationship isnormally 2 percent above the Treasuryyield of 1.5 percent.Remember when the 10-year Treasury

bond was at 2 percent or higher just a yearago and the 30-year, fixed-rate mortgagewas at 4 to 4.5 percent? If the Treasurygoes to 1 percent, can we expect a 3percent mortgage? Who can say?Scenario II is different in that it

suggests that in the near future the U.S.economy will begin to expand. The jobmarket improves and consumers begin tospend with confidence, which will divertinvestment dollars back into the U.S.stock market. If and when this occurs,the “flight to quality” will reverse and asTreasuries sell the yield will increase. Atthis point, home mortgage rates will begin

to increase.In Scenario II, a renewed fear of

inflation will begin adding morereasons for higher interest rates throughadjustments to the Federal Reservepolicies. Actually, Scenario I and II areboth valid but can occur at differenttimes. When Scenario I runs its courseand Treasuries become fully invested bythe world’s money managers, then thestage is set for Scenario II to possiblybegin.Worldwide investments are now

seeking this equilibrium for Scenario I.Even gold is being sold along with stocksto invest in the safer U.S. Treasuries.When enough European and otherforeign assets are sold and re-investedin Treasuries, an equilibrium will bereached. The equilibrium point willdetermine the lowest level for our homemortgage rates.Most of us thought 4.5 percent was the

lowest we would see the 30-year fixed

rate. Then, we thought 4 percent was thelowest and now maybe 3.75 percent is thelowest. The cumulative effect of billionsof financial decisions will place all of us atthe equilibrium point between ScenarioI and Scenario II and determine that lowpoint for our home mortgage.

Jim Gay was a real-estate broker for 20 yearsand has been a consultant for Fortune 500companies. He is currently a broker/owner withHome Buyers Mortgage (986-9080) and can bereached at [email protected]

Mortgagematters

Rates at 3 percent and lower?

JIM GAY


34 JULY 2012 HOME

As part of our work on the WaterConservation Committee, Doug Pushardand I have compiled a chronology of theemergency water ordinances the Cityof Santa Fe has enacted and amended.Emergency water regulations wereapproved and enforced in 1996 and havebeen amended several times. Prohibitedwatering times have changed from 8a.m.-7 p.m., 10 a.m.-4 p.m. to 10 a.m.-6p.m. (current ordinance). And surchargeintervals have changed fromMay-Augustto April-September (current ordinance).In Ordinance No. 2000-30, the

surcharges were actually called “droughtemergency surcharges,” a term notcurrently used. In some ordinances, it wasspecified that all officials and employees ofthe city water utility were vested to enforcethe regulations. Penalties and fines werealso specified.During the droughts of both 1996 and

2002, the ordinances consisted of fourstages. A fifth stage was approved in2002 but later rescinded. Now we haveeffectively three stages, including thenon-emergency or normal regulationspermanently in effect. Not surprisingly, themost precipitous drops in consumption(from 168 to 134 gallons per capita perday, or GPCD, in 1996 and from 139 to115 in 2002) occurred when mandatorywatering restrictions were imposed. Sinceabout 2005, the water-use curve has beenrelatively flat, with usage going up by onegallon to 105 GPCD in 2011.The next phase of our due diligence will

include quantifying the drought conditionsof those two summers and comparing thewater available (both rainfall totals andsurface water stored in reservoirs) thento the same parameters now. What hasreally changed in the supply-and-demandequation is the city’s access to San Juan-Chama Project water and Rio Grande watervia the Buckman Direct Diversion project,which started supplying this water for city,county and Las Campanas use in January,2011. Without access to BDD supply duringthe summer of 2011, I think it is safe to say

that Santa Fe residents would have againexperienced emergency regulations.Under the currently operative Ordinance

No. 2006-53, landscape watering isprohibited from 10 a.m. to 6 p.m. fromMay1 to Oct. 31. Odd/even restrictions havebeen eliminated, but watering a maximumof three times per week is recommendedand is probably more than adequate forplants. If you are currently watering on anodd/even schedule, and three times perweek, please continue!Watering restrictions were not imposed

in 2011 because the ordinance triggerlevels (measured in terms of the ratio ofsupply to unrestricted demand) were notreached. Assuming (hopefully) that thereare no catastrophic events, it is highlyunlikely that there will be mandatoryrestrictions this summer, as the ordinanceprovides only for emergency conditionswith “Warning - Orange” and “Crisis - Red”implementation stages.Despite our great progress in water

conservation, including voluntary usagereduction, we must keep in mind therisks of potential disruptions of oursupply through force majeure occurrencesincluding earthquakes and forest fires.Our current emergency water regulationsare intended to address catastrophicconditions, but we need to focus ourattention on policies that have historicallyled to the greatest success in reducing wateruse in Santa Fe during drought conditions.

StephenWiman has a background in earthscience (Ph.D. in geology) and is the owner ofGoodWater Company and a member of the Cityof Santa Fe’s Water Conservation Committee. Hemay be reached at 505-471-9036 and [email protected].

OurwaterQuality

Drought,emergencyplanning

STEPHEN WIMAN

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Today, your customers are using socialnetworking to “find” businesses and peoplethey know, like and trust. They want tointeract with you and learn more aboutyour services and products. Given the waymore and more people use smart phonesand tablets to research and connect, theywill be searching for you, your brand andcompany online. The odds are they wantto find more than your marketing website.They want to connect with you and havea conversation. When you begin to thinklike your customers, you will see thatdoing business today is all about providinginformation and managing expectations byhaving conversations.Your customers are online. The missing

link is how are you there to help them?Most business people know to never leavehome without those business cards. Why?Business cards have always been the toolfor networking. You know the story: youare at an event or even in a long line atthe supermarket, and you engage in aconversation. If you are in sales, you willoffer a business card with the hopes ofestablishing a future business relationship.At the same time, your competition is alsoengaging in conversations. The differenceis they are using 21st-century social-networking tools on sites such as Twitter,Facebook and LinkedIn to put customersfirst by focusing on building trustingbusiness relationships with them. Theyare positioning their services, productsand company as the logical choice. How?They are having conversations online withtheir customers. (By the way, they are nottweeting about what they had for lunch.)What are some key tips to use as your

building blocks for connecting with yourcustomers? These are important, whetheryou are just beginning to tweet on Twitteror choosing to expand your social reach ona Facebook business page. Newbies needto focus on building community, while themore savvy social networkers need to buildpositive engagement.First, it is important to accept this

new world of social networking. The

opportunity is to pull in customers byconnecting in a two-way conversation.They no longer want to fill out a form onyour web site or give you their address tosend them a brochure in the mail. Next,focus on providing content and usefulinformation to your target market. Addyour social networking address to yourwebsite, blog, business card, newsletter andemail signature. In other words, integrateyour social touch into your marketing.Third, listen to what people are sayingabout your industry, products or servicesand join in to their conversations.Being on Twitter, Facebook and

LinkedIn is not the same as participatingon Twitter, Facebook and LinkedIn.Remember, your current and potentialcustomers want to engage with you. Why?People do business today with people theyknow, like and trust. How do you trusta website? What kind of customers doyou attract with a sign in your retail storewindow that says “50% Off ”? Think abouthow engaging with your customers canchange their perception of your business.Finally, be open to learning about eachof these different social-networkingchannels. It is time start thinking like yourcustomers. Their eyes are on their socialscreens. If they do not find you there, theywill most likely find your competition.

Emily Medvec is an associate broker withSanta Fe Properties on a team with UllaAllyn. Emily’s passion is how social networkingonline changes how we communicate andmake decisions in real estate and every othermarketplace. Follow her at www.twitter.com/emilymedvec or call her at 505-660-4541.

Socialnetworking

Thinkinglike yourcustomers

EMILY MEDVEC

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36 JULY 2012 HOME

Annual home and gardentours set for July 24, 31By Paul Weideman

Amatador outfit that belonged to the famous Spanish bullfighter Manolete is one of the highlights of thisyear’s Behind Adobe Walls home and garden tour offered by the Santa Fe Garden Club.“People that live here have interests that are so diverse,” said the club’s Janet Zlatoff-Mirsky. “A couple

of the houses have amazing art collections, including Russian paintings and Spanish reliquaries.”Homeowners’ collections frequently also feature pottery and basketry.The tours take place on Tuesday, July 24, and Tuesday, July 31. Each day, tour participants visit four locations.None of the featured houses for 2012 have been on the Behind Adobe Walls tour before, according to Santa Fe

Garden Club member Revana Augustson. Historic homes on the Eastside often are part of the tour offering, butparticipants see houses done in a variety of styles. “Two of the homes on the tours were designed by their owners,who are professional architects. Many of the gardens have interesting water features. One has a waterfall and onehas a huge fountain with, on the outer perimeter, a labyrinth,” Augustson said.The cost of the Behind Adobe Walls events is $75 per person, per tour. The day begins with an optional 11:15

a.m. lunch at Hotel Santa Fe for an additional $20. (Call 505-982-1200 for hotel reservations, and mention Code10D1XV.) The hotel also has a featured Garden Boutique by club members on the tour days.Each tour begins with buses loading at the hotel at 12:30 p.m. and ends at 4:45 p.m.The Santa Fe Garden Club also offers its Pequeno Tours to small, private groups between mid-April and

mid-October. These excursions of three or four hours focus on up to three residences. The Pequeno Tours are$45 per person and can be arranged for a minimum of 10 people. Groups must make their own transportationarrangements.All tour proceeds benefit the club’s education, beautification, and conservation projects. These include the

courtyard garden at the New Mexico Museum of Art, the ethnobotanical garden at the Museum of SpanishColonial Art, and a stretch of the Santa Fe River.For more information and reservations, call 984-0022, email [email protected], or see www.

thesantafegardenclub.org.

PHOTOS COURTESY ELVA BUSCH / SANTA FE GARDEN CLUB

Behind Adobe Walls

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A friend shared with me that he hadnever dreamed he would be able to own ahome on Tano Road with a 30-year, fixed-rate loan of $600,000, paying about $3,000a month for principal and interest. Nowhe does. Jumbo mortgages have startedto make a comeback, with lower ratesand higher loan-to-value ratios available.FDIC-insured banks are offering homeloans of up to $1.5 million with as littleas 20 percent down for creditworthyborrowers with full documented incomeor assets that can be pledged fromfinancial institutions.Jumbo loans in Santa Fe begin above

$417,000 with annual percentage rates(APRs) for adjustable-rate mortgagesaround the high 2’s to 3’s. Borrowersshould expect 15-year fixed-rate APRsto be in the mid-3’s and 30-year fixed-rate APRs in the low to mid 4’s. WallStreet coined the phrase “smart money”to describe buyers who buy stocks aftersignificant market corrections. The samehas occurred with real estate as the smart

money equivalent - the cash buyers- has been purchasing real estate. Nowwith mortgage rates continuing to drop,mortgage loan applications have increasedsignificantly for home purchases.Smart money also sees the value of

borrowing versus paying cash. A homeloan near 4 percent after tax equalsaround 2.875 percent for a 28 percenttax-bracket borrower. MSNMoney.comCase Shiller reports the following returnson investment from January 2010 to April2012: Dow Jones up 20.8 percent, S&P up1 percent, NASDAQ Down 21.7 percent,real estate up 35.5 percent.Talking to local Santa Fe brokers reveals

the same trend. For the Eastside jumbomarket, Ann Brunson of Sotheby’s RealEstate says, “Sales are up in this area. Inthe last six months, 23 homes have sold.In June, 116 are on the market, rangingfrom small condos to large homes. It istruly still a buyer’s market. The recoveryin the Eastside market is happening.Everyone we meet wants to be near

downtown where the action is…”Susan Hadley, president of Santa Fe

Realty Group, shared this observation: “Itis interesting to note that in the NorthwestCounty (MLS Area 25N) next to but notin Las Campanas, 16 homes have sold inthe last six months, ranging in price from$400,000 to $1,550,000. On the average,these homes actually sold for 94 percentof their asking price. This is very goodnews for our market, as it indicates thatsellers are being more realistic with theircurrent listing prices. Less time on themarket is a positive sign.”Liz Sheffield of Keller Williams adds,

“If you’re looking for value, my researchindicates that clearly NOW is the besttime EVER to purchase, including inLas Campanas. Coupled with the lowestinterest rates in history, the average$/square foot is down 32.6 percent since2008 and factoring in the recent long-term investment made by [Dallas-based]Cienda Partners, if you’re looking forvalue, this is it.”

Jumbo buyers are finding home loansto be more attractive and are choosinghome loans instead of cash to invest inmore securities, add more to retirement,and purchase additional real estate.

Francis Phillips ([email protected])is senior mortgage loan originator with FirstChoice Loan Services in Santa Fe. He has servedas director of business development for nationalmortgage companies. He and his mortgagepartners have funded and built three homes forSanta Fe Habitat for Humanity.

Yourmoney’sWorth

Jumbomortgage markets coming back

FRANCIS PHILLIPS


38 JULY 2012 HOME

Santa FeWater Gardens now onmain dragBy Paul Weideman

The 4-foot-diameter silver sphere fountain at thecorner of Cerrillos Road and Third Street hascaught many a driver’s eye in the last few months.

Many have stopped by to see what’s up at Santa Fe WaterGardens.The Santa Fe company, more than 25 years old, opened

at its fourth location in March. The building that wasformerly Luis’ Auto Sales office is newly vibrant withcolorful exterior mural work by John Santos. During arecent visit, Santa Fe Water Gardens’ Eric Gutierrez talkedabout what a gas it was watching Santos create the artworkusing only a spray gun.The colorful Japanese carp known as koi figure

prominently into his murals. The business sells the smallestbutterfly koi for $50. Prices climb up to a few hundredbucks for one of the really big charlies. Of course, they’rereputed to live more than 200 years, so that’s probably abargain.Longtime Santa Fe Water Gardens customers were used

to choosing their koi from the many constructed ponds atthe previous location on Agua Fria Street. The fish are keptin containers at the new location, but there are plans to getthem into ponds in the future.“We have less space and less inventory than we did at

Agua Fria, but we will be doing landscaping and pondsin the front,” Gutierrez said. “We want to do a black fencesimilar to the one at Santa Fe High School, and also agreenhouse for our fish and our aquatic plants.”Store manager Jason Romero added that they would be

building streambeds and waterfalls in the large area in frontof the showroom, but “Right now it’s a tight budget.”The bread and butter of Santa Fe Water Gardens is

building ponds and other water features, and doingmaintenance on them, and selling rock fountains.The front lot along Cerrillos is bordered by boulders -

mossrock from the Las Vegas area. A common, affordablewater-garden strategy is to have one of these boulders,which has been converted to a fountain with a drilledaperture, installed in a basin.That can be enhanced with streambed, waterfall, and

pond features. The prices for these options range fromabout $700 to $3,000 and up.“Fountains are installed in an underground basin, and

you can convert it to rain catchment, connecting to yourcanales and rainwater storage,” Romero said. “So insteadof sitting stagnant, water is circulating through your waterfeature.”Speaking of stagnation, part of the Santa Fe Water

Gardens mission involves water chemistry. Filtration isvery important when you’re dealing with a captive watersupply. It might be moving, recirculating, but if your pumpsand filters aren’t properly sized and maintained, the watercan still get funky with nitrates and nitrites and ammonia,the same as an aquarium inside the house, and that can bedeadly for your koi.The fountains available at Santa Fe Water Gardens start

at about $30 for small indoor ones. The pricier itemsinclude a travertine water sculpture by artist Pat Stone andthat big silver ball fountain that both retail for $6,500 or so.

If you’ve been dreaming of creating a watery oasis athome, visit the new business at 1718 Cerrillos Road, orcheck out www.santafewatergardens.com.

PHOTOS BY PAUL WEIDEMAN

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Santa Feans have a big reason to beproud. We consume an average of about105 gallons per capita per day (GPCD),one of the lowest numbers in the country.For comparison’s sake, Albuquerqueresidents use about 169 gallons andfolks in Phoenix consume about 185gallons. We used to be up around 168, butthrough education, regulations, incentivesand participation by everyone, includingdevelopers, Santa Fe has lowered its waterconsumption dramatically.As members of the Santa Fe Water

Conservation Committee, StephenWiman and I have been giving waterconservation presentations in andaround Santa Fe. Water conservation andenergy conservation have been provento be much cheaper than finding anddeveloping new sources. Santa Fe’s long-range projections show we have enoughwater to cover our needs at present, butthat we’ll need additional water in thefuture. Projections also suggest that if wecan reduce our water consumption fromto 85 GPCD, we can live with our current

water supply for 40 years or more.We got down to 105 through a wide

range of programs: education, rebates,requiring builders to bring water to thetable for new developments, the city’s verysuccessful toilet-retrofit program, activeparticipation by a large percentage of ourresidents and businesses, and enactmentand enforcement of water-conservationregulations. To get to 85 GPCD, the citym ust take additional steps, perhapsincluding adopting programs that haveproven successful in others cities.There are many simple ways to move

us in the right direction. We could allowtoilet flushing with rainwater or greywaterinstead of flushing our toilets withdrinking water. Many water-wise citiesallow this today — Austin, Santa Monica,Berkeley, Atlanta, and Albuquerque, toname a few. Flushing toilets is our topindoor water use, estimated to be about26 percent. Eliminating this crazy useof drinking water costs us no new taxes,provides economic opportunity for “greenbusinesses,” and would save a tremendous

amount of drinking water over time.Second, we could require installation

of water-saving irrigation controllers withall permits for new buildings, landscape,or irrigation. These devices automaticallystop watering right before, during, orfollowing rain. Many of us have seensprinklers running right after a rainstorm.Preventing this accidental watering justmakes sense, and it only costs a fewhundred dollars. Landscape wateringis estimated by the city to be about 44percent of our peak summertime wateruse. The newer controllers are estimatedto save up to 50 percent of our outdoorwater usage. They save money whether welive here full-time or part-time; they workon our behalf year-round.Solutions such as these won’t have any

impact unless the city mandates them.Mandates level the playing field, while atthe same time making sure we are doingthe right thing for our future and ourchildren’s future. We live in a drought-prone area. We must lead, be pro-active,and not wait to react to a catastrophic

situation. There are low-cost solutions forour water needs now and in the future.There are also high-cost solutions. Thechoice is ours.

Doug Pushard, the founder of the websitewww.HarvestH2o.com, has designed andinstalled residential rainwater systems for12 years. A member of Santa FeWaterConservation Committee and a board memberof the American Rainwater Catchment SystemsAssociation, he can be reached at [email protected].

WaterenergyNexus

Our water security: time to reset bar

DOUG PUSHARD


48 JULY 2012 HOME

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HOME JULY 2012 49

Recent Home & Land SalesSales data for the periodMay 19-June 18 from SantaFe Association of RealtorsMLS reports. Not all salesare reported.

Homes$265,000$425,000$452,500$460,000

$486,000$570,000$596,000$650,000$715,000

$795,000$805,000$1,400,000Land(None)

Homes$76,300$85,000$230,000$265,000$275,000$277,000$285,000$292,500$315,000

$315,000$316,500$322,000$395,000$425,000$440,000$445,000$465,000$485,000$515,000

$561,000$575,000$585,000$770,000$871,200$950,000$975,000$1,050,000Land$130,000

Homes$375,000$573,500$1,100,000

Land(None)

Homes$65,000$67,500$75,000$82,750$105,199$123,000$137,900$140,000$145,000

$150,000$155,000$169,000$169,900$171,800$172,250$175,000$177,900$180,000$180,000

$185,000$186,000$194,000$199,000$199,000$199,700$212,000$213,000$215,000$220,000

$223,000$225,000$225,000$255,000$258,991$266,770$280,000$288,000$290,000$297,000

$297,000$298,000$307,800$333,616$359,000$415,000Land$40,000$65,000

county

Homes$130,000$210,000$290,800$324,000$365,000

$499,000$620,000Land(None)

Homes$442,000$495,000

$645,000$705,000$810,000

Land$59,000$128,000

Homes$169,900$200,000$230,000

$240,000$280,000$385,000$499,000

Land(None)

Homes$840,000$925,000$1,225,000

$1,470,000$2,160,000

Land$25,000$75,000$132,000

Homes$190,000$191,500

$218,000$240,100$285,000

$379,500$449,000$450,000

$515,000Land(None)

Our 20-year-old company, Santa FePermaculture, recognized a while backthat easily accessible satellite imagerywould change the land-developmentindustry forever. In response, we createda new company, PermaDesign, to work inconjunction with Santa Fe Permaculture.Both companies will provide thesame ecofriendly landscape-design, -consultation, and -installation services.Santa Fe Permaculture will continue to begeared toward our local area.The difference will be that our new

website, www.permadesign.com, will beable to help anyone in the world with acomputer, a landscaping project, and adesire to apply permaculture.One of the most exciting aspects of

our new site is our free and easy-to-use“Roofwater Calculator” available foronline use at our PermaDesign website.Here’s how to use it:1) Enter your address.2) Zoom in close.3) Sketch the perimeter of your roof[s]

(or any impervious surface)With your last click, an estimated

number of gallons will instantly pop upat the bottom-left side of your screen.This shows you how much precipitationcould be harvested from that surface inan average year. Here in Santa Fe, a 1,000-square-foot roof sheds about 7,500 gallonsannually. Why not consider turning thisresource into healthier edibles, biggershade trees, and more native plants?Seven-thousand, five-hundred gallonsis a whole lot of extra biodiversity andsustainability for your local watershed.Unfortunately, roof runoff is usually

considered a “waste” product in ourculture. Ever since reasonably cleangroundwater, surface water, andmunicipal-system water became easilyaccessible, roofwater as well as runofffrom roads, parking lots, and other slopeshas been seen as a nuisance to get ridof rather than a resource to collect andredistribute. What is worse is that toooften roof runoff results in soil erosionas previously pure stormwater picks upevery manner of polluting particulate,which delivers a highly contaminatedconcoction of mucky gunk downstream.

It doesn’t have to be like this. Yes, we’rein a drought. Yes, there’s global warming.Yes, our forests are burning up and oursmall, local farmers sometimes struggle.But now, at least we can easily begin toreverse the trend of wasted runoff becausewe can better visualize the potential ofprecipitation and with a few clicks ofa mouse act to save and effectively userainwater.So please mark your calendars.

PermaDesign’s dotcom is set to launchon Monday, July 9. Try it out, and let usknow what you think. Many of you havebeen important inspirations for us overthe years. This new website, we hope,becomes a gift back to you. In additionto the free tool, free short videos, and thefree questionnaires that help you ask theright questions for your landscape designprojects, we provide a wide variety ofconsultation options, and we’d be happyto help you with your project no matterwhere you may be.At www.permadesign.com, we will

also make the Roofwater Calculator easyto share with your friends from out of

town, so please do not hesitate to spreadthe word. Everyone from homeowners,to landscape designers, to real-estatedevelopers is encouraged to explorethese new developments in ecologicaltechnology.

Author ofHarvest the Rain (SunstonePress, 2010), Nate Downey started Santa FePermaculture in 1992. He is also the proudspouse of licensed landscape architect, MelissaMcDonald, who co-owns both Santa FePermaculture, Inc. and PermaDesign, Inc.

PermacultureinPractice

New:

NATE DOWNEY

Roofwater Calculator!


50 JULY 2012 HOME

RESIDENCIA DEL RIOWhat an incredible 32 acre riverfront property. You canenjoy an early morning stroll along the river or enjoy thecolorful sunset from your portal. It has a hacienda style floorplan with adobe walls connecting to an outdoor coveredcourtyard with room for studio, workshop or whatever youdesire. The lovely adobe home with its light filled spaces hasa cook’s kitchen and 3 baths 2 bedrooms. With 11 acres ofirrigation (33 acre feet) this property is ready for gardeningor farming. Ideal for horses with the nearby Carson NationalForest. Only 60 minutes to Santa Fe.

MLS 201100723 32 ACRES $795,000

SUEñOS DEL RIO

This is an incredible riverfront property. Yes the river does

run through this unique 20 acre parcel that borders the

Rio Chama on one side and the Carson National Forest on

the other. Stately cottonwoods line the 7.5 acre irrigated

pasture. The riverfront location, irrigation, and a stunning

Pedernal view combine to make “Sueños del Rio” one

of Abiquiu’s most desirable properties. Possible owner

financing. Only 60 minutes to Santa Fe.

MLS 201202662 20 ACRES $365,000

HIGHWAY 84, AT THE ABIQUIU INN • (505) 685-4646www.abiquiuland.com * Owner is a Licensed New Mexico Real Estate Broker

Dreaming onthe River

HACIENDA ALEGRIANestled on a bend of the Chama River, Hacienda Alegriawith its stunning views will please the most discerningbuyer. Ancient cottonwoods along the river shelter pondsthat speak of lazy summer days. This grand 2-story homewith a gourmet kitchen and 2 covered portals is ideal forentertaining. There is plenty of room for you and yourguests with a 3 bedroom, 3 bath main house, 3 bedroom,3 bath guesthouse and a caretakers house and barn/garageas well. The irrigated acreage with 24 acre ft. of water hasbeen farmed as an organic farm for the last 6 years with28.86 acres, has plenty of room for horses and great ridingand hiking in the National Forest that borders the property.Come see this magnificent property.

MLS 201105380 28.86 ACRES $1,495,000

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SantaFeProperties.com • 505.982.4466 • 800.374.2931

RECOGNIZED LOCAL LEADER

Our brokerage is an established leader and has a reputation for our expertise in representing some of the finest homes in the community. In part due to our powerful local brand, we have been chosen to represent Leading Real Estate Companies of the World,® a 48-year-old “by-invitation” global network responsible for more transactions each year than any other real estate network. Our affiliation with this powerful organization gives us strong connections to well respected firms in over 30 countries and the benefit of a referral program that makes over 40,000 client introductions each year – more than any other real estate organization. This relationship gives our properties additional global exposure and has proven to be a beneficial source of buyers.

LA BARBARIA CANYON | $1,950,000 experience our standard of excellenceexperience our standard of excellence

*Actual member statistics for LeadingRE and estimates for other networks using average sales units per agent and average sales price for firms in each respective network from published sources for 2010 production.

$222

$176$172

$117$101

$96

$53

$17 $17 $9 $6

$250

$200

$150

$100

$50

$0

more us home sales volumethan any national real estate brandvolume shown in billions of dollars

leading real estate Companies of the World®

Coldwell bankerre/maXPrudentialCentury 21Keller Williamssotheby’serarealty executivesbetter homes & Gardensreal living

leading real estate Com

panies of the World

®

In The hearT of Santa Fe, a faIrmonT To Call Your own.

wITh ITs arT gallerIes, spanish colonial architecture and world-class restaurants, santa fe enlivens the senses like no other place in the world. now, there’s a private residence club with style to match the city. a retreat where you’ll enjoy exclusive privileges from the foremost name in hospitality. a sanctuary where you’ll feel at home, whenever a desire for renewal draws you back to The City Different. Introducing Fairmont Heritage Place, el Corazon de Santa Fe. It’s everything you want in a santa fe getaway home...and more.

Visit us today.We’re just three blocks from the Plaza on the

corner of Catron Street and Grant Avenue.

Fairmont Heritage Place, El Corazon de Santa Fe (the “Property”) is not owned, developed, or sold by Fairmont or its affiliates. El Corazon de Santa Fe, L.P., a Texas Limited Partnership (the “Developer”), is independently owned and operated and is the developer of the Property. The Developer uses the Fairmont brand name and certain Fairmont trademarks pursuant to a limited, non-exclusive, non-transferable and non-sublicensable license from Fairmont Management Company, LLC. Under certain circumstances, the license may be terminated or revoked according to its terms in which case neither the Residences nor any part of the Property will be identified as a Fairmont branded project or have any rights to use the Trademarks. Fairmont does not make any representations or guarantees with respect to the Residences or the Property and is not responsible for the Developer’s marketing practices, advertising, and sales representations. This advertising material is not an offer to sell nor a solicitation of an offer to buy to residents of any state or jurisdiction in which registration requirements have not been fulfilled. Pricing and information are subject to change without notice and are not guaranteed.

1/8 deeded real estate • exclusive Fairmont BeneFits

To discover if ownership is right for you,

call us today at 866.721.7800 or visit www.ElCorazondeSantaFe.com.

a limited number of heritage Place ownerships are now available

SUbMiSSion FoR SAnTA FE REAL ESTATE GUiDE

Trim size: 10.5” wide x 12.5” high

bleed size: 10.8” wide x 13.8” high

Santa Fe Real Estate Guide July 2012

Documents

Transcript of Santa Fe Real Estate Guide July 2012