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Santa Fe Real Estate Guide

JuLY 2 012

A garden paradise Subdivisions update

We Know Santa Fe Real Estate


SANTA FE MEETS PROVENCE
Rancho Escondido
A rarity in the land of Pueblo-style architecture, this private six-bedroom enclave in Rancho Escondido 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 of the 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


Vista Hermosa
Completed in 2008, the home uses a sophisticated color palette and expertly scaled living spaces to create a sense of comfort, welcome and warmth. Artisan ooring of wood, stone and brick ows naturally from one room to the next and onto expansive portales and patios. The formal living and dining rooms are spacious and inviting. The spectacular chefs kitchen features top-end appliances, an immense island, replace and sitting area, and extensive butlers pantry and bar area. The home follows the gentle slope of a ve-acre property with exceptional views of the Sangres, the Jemez 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

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RAY RUSH
Direct 505.984.5117 Mobile 505.577.5117 ray@knowingsantafe.com

ay Rush and Tim Van Campknow 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 and understanding 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 invite you to know the difference. www.knowingsantafe.com
JOHN RIGATTI
Direct 505.984.5141 Mobile 505.660.3353 jrigatti16@comcast.net
231 Washington Avenue 505.988.8088

TIM VAN CAMP


Direct 505.984.5118 Mobile 505.690.2750 tim@knowingsantafe.com

www.knowingsantafe.com

SANTA FES MARKET LEADER


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MARION SKUBI GROUP


Exceptional light lled custom home and guesthouse designed by renowned local architect Larry Andren and built by owner/contractor to impressive quality specications and design elements. Beautifully sited for mountain views and maximum privacy with high-end nishes including soaring beamed ceilings, 24 square travertine oors, diamond plaster throughout, elaborate hand-carved wood accents and spacious great room for entertaining. MLS# 201201699

RELAXED ELEGANCE IN LAS CAMPANAS 15 Entrada Hermosa $1,380,000

ABR, CRB, CRS 505.660.8722 Marion@MarionSkubi.com

Marion Skubi

Partner, Marion Skubi Group 505.690.1909 Johnnie@JohnnieGillespie.com

Johnnie Gillespie

Operations Manager, Marion Skubi Group 505.954.0732 Aleka@MarionSkubi.com

Aleka Moore

MarionSkubi.com
www.sothebyshomes.com/santafe
Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.

326 Grant Avenue 505.988.2533


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The Leading Sales Team at Quail Run Since 1998
Combined 60 years of Santa Fe Real Estate Experience

We are Local Experts with a Global Reach

Pam Wickiser, SRES*, GRI


pam.wickiser@sothebyshomes.com

505.470.9884

Bob Dunn
bob.dunn@sothebyshomes.com

505.470.9883

RobertDunnRealEstate.com
* Senior Real Estate Specialist

Quail Run

Country Club Living

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 gracious living. 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-ofthe-art exercise facilities, jogging and walking trails, fine dining, clubhouse and spa.

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

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

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

UNIT #664 $795,000 One of the best locations within Quail Run. Totally charming 3 bedroom, 3 bath gracious home with outstanding views of mountains and golf course. Many custom features. All the club amenities included. #201201710

UNIT #685 $654,500 Free-standing home in Quail Run. Gracious Pinon A floorplan. 2 bedroom, 2 bath with separate breakfast area. Large living/dining area with access to outdoor patio and portal. Landscaped areas with low water usage. #201201750

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

UNIT #201 $410,000 Quail Run upstairs Plaza B unit. Superb views from a central location. Penthouse location but with Plaza pricing. 2 bedrooms, 2 baths that are sensibly separated. Underground parking. All the club amenities included. #201100246

UNIT #120 $399,500 Great location! About the best located Plaza condo at Quail Run. A true end unit overlooking the 6th green. Only a couple of these at Quail Run. Rarely on the market. Patio is huge with approx. 819 sq ft. Perfect separation of bedrooms. #201201035

UNIT #102 $349,000 Great location, end unit near clubhouse, yet private. Large Plaza B floorplan, 2BR, 2BA, nicely separated, fireplace, large patio south facing, and not facing another unit. Underground parking, 24-hour security and all club amenities. #201201583

UNIT #727 $525,000 Large casita overlooking a lovely green space and facing the 7th fairway. Delightfully appointed property. The 2BR, 2BA are nicely separated by the main living area. Short walk to the clubhouse and amenities. Premier location. #201104700

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

417 East Palace Avenue 505.982.6207


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Brunson Schroeder
ANN BRUNSON
505.690.7885 ann.brunson@sothebyshomes.com

REAL ESTATE GROUP


505.690.1007 ed.schroeder@sothebyshomes.com

ED SCHROEDER

360 views from this custom Parade of Homes hacienda. Covered portales with views of the surrounding mountains, gourmet kitchen, brick and hardwood oors. 3,650 sq ft, 3BR, 4BA, 2.97 acres. #201104494

25 PASEO DEL CONEJO $1,299,000

13 COLUMBINE LANE

Hondurean mahogany Morelli carved door leads to a grand custom home with polished brick oors and views. 6 replaces, spacious formal living and dining rooms, media and library, and remodeled kitchen. #201201610

$950,000

A Santa Fe-style custom home 10 minutes from the Plaza. Saltillo tile and ceiling latias create Old World touches in a thoroughly contemporary home. Huge covered portal with sunset views. #201201744

3112 VISTA SANDIA

$730,000

Gated 800 East home with Sangre de Cristos views. A wine lovers delight with huge 3,000 bottle climate controlled wine cellar and wonderful eastern views of the ski mountains. #201005995

841 CAMINO DEL ESTE

$750,000

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751 ACEQUIA MADRE, #1 $930,000

Downtown living at its best! Mexican blue Talavera tiles in both baths and the kitchen, Saltillo tile and aged brick oors. Formal dining room and great room with French doors that open to serene outdoor spaces. #201202051

663 BISHOPS LODGE, #29 $333,000

This end unit condo is true walking distance to the Plaza, post office and numerous restaurants. Easy care perfect for a getaway place in Santa Fe. The large living room has Saltillo tile and a gas replace. #201103113

127 EAST LUPITA ROAD

Hacienda de Lovato is in-town living at its best. Mature trees surround this beautiful Territorial-style home recently remodeled. Gorgeous gardens and a refreshing swimming pool make summer a delight. #201200948

$899,000

Custom home with acres of beautiful agstone oors. Tremendous mountain views. Diamond plaster walls, gourmet kitchen with granite counters and custom cabinets, and a huge walk-in pantry. #201102683

90 SUNDANCE DRIVE

$795,000

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208 PLAZA MONTANA

The center of Santa Fe, with wood oors and granite counters. Formal dining and a great room. Kitchen with island and side bar! Master suite has portal access. Spacious library/office. Landscaped gardens. #201104844 www.sothebyshomes.com/santafe

$735,000

The entire Western Jemez Mountain range with an unbeatable expanse of sunsets are yours forever. This custom built home with an attached guest house on 2.6 acres is absolutely stunning. #201105491

12 VALLECITO ROAD

$885,000

This New York-style loft has 2 balconies with views. Wonderful high ceilings with lots of windows and light make this a great place to live and work. It is also wired for business phone service. #201201148

3600 CERRILLOS, #508

$290,000

Los Senderos elegant custom home on one level! Features professionally landscaped gardens with outdoor fountain, oakwood and Italian tiled oors. Attached casita with full kitchen and separate living room. #201103981 417 East Palace Avenue 505.982.6207
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2252 ESPEJO PLACE

$895,000

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Shane Cronenweth
shanesantafe@gmail.com

984.5158

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

33 SPIRIT COURT

$1,050,000

Caroline Russell
caroline.russell@sothebyshomes.com

954.5530

Our Knowledge, Diligence, and Marketing Bring Results


Access the entire MLS, plus our Exclusive Insiders Guide!

ChooseSantaFe.com

In a pastoral 5.8 acre Arroyo Hondo setting with vast mountain views, this 5,633 sq ft adobe 4BR home was designed 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-troweled plaster, vigas, and glazed adobe floors accent the residence. Spacious grounds with abundant fruit trees, large fenced garden and pond. A barn was transformed into a 1,569 sq ft studio/guest house. MLS# 201201749

194 ARROYO HONDO TRAIL

$989,000

Offering captivating views, this stellar, gated Eastside estate on 3+ acres is an exceptional offering. The sophisticated Territorial-style 5 bedroom home with separate guest apartment offers a wealth of refined detail and luxurious 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

1110 OLD SANTA FE TRAIL

$3,800,000

LD SO

LD SO

LD SO

102 VICTORIA STREET

Located in the heart of the Historic Eastside, this 2,505 square foot, three bedroom adobe treasure has been lovingly restored to perfection, with all the romance and charm one could wish for. With an outstanding master suite, huge guest suite/office, and lush walled and flagstoned gardens that will take your breath away, its a piece of heaven to escape to. Hardwood floors, vigas and beamed ceilings, hand-troweled walls, three fireplaces, a lovely stone fountain and other visual delights await you. MLS# 201201945

$869,000

On the Historic Eastside 2 blocks off Canyon Road behind gates to a courtyard with water feature, this adobe house and casita will delight! The 1980 main house by John Wolf, designed by John Midyette, features a huge skylight, antique doors and traditional Santa Fe finishes, including coved ceiling, vigas, beams, split cedar decking, Talavera tile, 4 kiva fireplaces, and planked wood floors. The 3 level main house is a visual treat. The charming one bedroom casita includes a kiva fireplace and kitchen. MLS# 201201290

479 CAMINO DON MIGUEL

$560,000

Through the welcoming courtyard and dramatic glass galleria of this 2008 Tierra Concepts home, are breathtaking mountain vistas. A chic southwest contemporary aesthetic is evident, with soaring beamed ceilings, pigmented plaster walls and a fantastic living/dining portal with fireplace opening to walled gardens. The open concept floor plan has a smashing great room accessing the sleek, upscale kitchen. The serene master features a lavish bath with striking stone-paved wall. Five-zone speaker system and refrigerated A/C. #201100580

11 ABIERTO WAY

$699,000

231 Washington Avenue 505.988.8088


6 J U LY 2 01 2 H O ME

www.sothebyshomes.com/santafe

Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.

326 Grant Avenue 505.988.2533

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NEIL LYON GROUP


DIRECT: 954.5505 CELL: 660.8600
DIRECT: 954.5556 CELL: 930.0999

NEIL LYON, CRB, CRS, GRI

EVELYN SPIKER, CRS, GREEN, RSPS


DIRECT: 954.5522 CELL: 231.3708

VANESSA RIOS Y VALLES

LOS CAMINITOS
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4 CAMINO SABIO Magnificent views from this compound in Los Caminitos on 11.7 acres featuring a dramatic and immaculate 2BR main house, a detached 1BR guest house, and an attached duplex that encompasses a 1BR guest house and a 1BR caretakers house. #201202266 $2,795,000 16 SAN JUAN RANCH ROAD Elegant 4BR, 4.5BA residence featuring formal living and dining rooms and a classically styled chefs kitchen. The guest quarters are nicely separated from the master suite and have a private entrance. Quality finishes throughout. #201202617 $1,425,000

NORTHWEST
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704 CAMINO OCASO DEL SOL Immaculate residence in prestigious Ocaso del Sol. Huge views. 3 bedroom suites plus office in the main house plus a fabulous casita, recently built by Wolf Corp. Gorgeous outdoor areas including a fabulous entry courtyard. $1,995,000 817 CAMINO DEL ESTE Gorgeous and vast sunrise and sunset views from this sophisticated residence 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

800 EAST
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CASAS DE SAN JUAN

41 AVENIDA DE LAS CASAS Sweeping views to the north and of the badlands from this gorgeous residence in prestigious Casas de San Juan. Fabulous great room and 4 spacious bedrooms in this approximately 5,000 square foot, two-level home. #201105022 $1,795,000 7 TANO POINT LANE 6.6 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

TANO ROAD AREA

41AvenidadelasCasas.com

7TanoPoint.com

LA VEREDA COMPOUND

707 EAST PALACE AVENUE, #8 Lovely 2BR, 2 1/2BA condominium in La Vereda Compound, a short stroll 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 NORTE Immaculate 3BR residence plus 2 office spaces in prestigious Sierra del Norte. The excellent floor plan includes a very private master suite, an office, a private two suite guest wing with separate entrance, and a great detached office space with half bath. #201103420 $1,400,000

SIERRA DEL NORTE

1023SierradelNorte.com
www.sothebyshomes.com/santafe

326 Grant Avenue 505.988.2533


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www.neillyon.com

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FAMILY LODGE

What a special property on 5 scenic acres! A sprawling lodge with multiple wings for a variety of uses. Great plaster main living room with fabulous timber vigas and true Italian chefs kitchen; privacy, landscaping and views from all windows; a wing with 3 bedrooms, 2 baths and guest powder room; a wing with 3BR, 2BA and guest powder room; a wing with master suite; and $769,000 separate guest suite.

ASSOCIATE BROKER, CRS, GRI LUXURY REAL ESTATE EXPERT O f fi ce: 984.5186 Cell: 920.2300
7 MINUTES TO THE WILD WEST

Ashley Margetson

ashley.margetson@sothebyshomes.com

Rising up at the end of a quiet cu-de-sac, 2.5 acres of graceful, wooded land face the expanse of unspoiled views of the Sangre de Cristo Mountain $149,000 range sweeping across the view corridor. Gorgeous 2.5 acre view lot close in! Easy access to 599 and 285, town and everything! Fabulous Sangre de Cristo views and pretty, rolling terrain. Several great building sites on the property. This is the closest lot in La Tierra to $120,000 Santa Fe.

Minutes to the Plaza, in prestigious 1200 East, opportunity knocks! Clean lines 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

SOPHISTICATED CONDOMINIUM

Two condos five years old, absolutely gorgeous finishes. Hard-troweled plaster, brick floors with radiant heat; travertine baths and walk-in closets; kiva fireplaces, bancos and skylights. Two bedrooms and two baths. $725,000 One bedroom $500,000

WALK TO THE PLAZA

Magnificent 360 views from this unique villa. The 6,130 sq ft home is poised 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, skylights and a comfortable floorplan. Owner is a NM Real Estate Broker. $1,795,000

ONE-OF-A-KIND VILLA

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

CAMINO CUERVO

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A romantic old adobe garden cottage, nestled on a wooded hillside, in the heart of the historic district. Built about 1900 with 1 large and 1 small BR/study looking out on gardens, with 2BA. Easy stroll to the Plaza, and Canyon Road. Features rustic adobe bancos, 3 fireplaces, beamed and clerestory ceilings, brick and wood floors. $650,000

HANSEL & GRETELS HIDEAWAY

Built by master builder Robert Lockwood as a personal residence, this house has everything, and is of the highest quality workmanship, materials, and fixtures. Slightly Asian ambiance, with a Pueblo feel! 2 bedroom, 2 bath, plus study/office. 12' ceilings, genuine bamboo floors, hard-troweled plaster, hand rubbed with beeswax. $395,000

BEST OF PUEBLOS DEL SOL

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231 Washington Avenue 505.988.8088


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ys! Da 14 in

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LD SO

Rare four bedroom Pueblo-style home with a one bedroom casita. Features commanding views, great finishes and is only 3 years old. Classic old Santa Fe with all the modern touches in desirable Estates I of Las Campanas. Compound features 3BR main house plus a 2BR expansive guest house. MLS# 201201535

10 LOOKOUT LANE

$1,495,000

41 VIOLET CIRCLE

$1,825,000

Brand New Listings


on
HomeSantaFe.com

Contemporary 5,363 square foot masterpiece featuring broad, sweeping views and a daring floor plan on an estate lot in La Serena. MLS# 201202517

15 RABBITBRUSH ROAD

$1,595,000

One of the truly great contemporary homes in Las Campanas. Architecturally designed, featuring staggering Jemez views through the living room wall of glass. MLS# 201201534

21 PAINTED HORSE

$1,825,000

Crisp 2,200 square foot adobe built home nestled into the hillside with truly great views of the Badlands and the Jemez Mountains. MLS# 201201436

65 VISTA REDONDA

$639,000

3 EAST GOLDEN EAGLE ROAD

A premier homesite in Las Campanas hosts this delightful Pueblo-style meets East design with super clean lines and peaceful spaces. MLS# 201201376

$1,825,000

Paul McDonald

Associate Broker 505.780.1008 paul.mcdonald@sothebyshomes.com

#1 Seller of Property in Las Campanas, Monte Sereno and High Summit Combined Since 2000 #1 Seller of Land in Santa Fe Since 2000
Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.

HomeSantaFe.com
231 Washington Avenue 505.988.8088
10 JU LY 20 1 2 H O M E

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Emily Ivette Garcia


CRS, Real Estate Broker

Excellence, with a touch of grace...

New Featured Properties g

Serene Santa Fe-Style


76 Paseo del Coyote $625,000 #201202359

Exceptional Private Casita


644 Canyon Road, #4 $450,000 #201202282

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


231 Washington Avenue 505.988.8088
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Emily Garcia 505.955.7963 505.699.6644


emily@emilygarcia.com

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A HINT OF JASMINE
NWWrapped in landscaped courtyards, grand portales and views west, this elegant 3BR, 3BA, 3,174 sq ft Santa Fe-style home in gated Colinas Verdes includes a splendid living room with Anasazi stacked stone fireplace, travertine floors, formal dining, deluxe kitchen with family room and home office graced with lofty archways, wood ceilings and vigas. One-level living with 3-car garage. MLS 201201865

BIG TESUQUE CANYON


A world of its own adjoining the National Forest along the Rio Tesuque, this stunning gated compound includes a gracious Territorial-style 3BR, 3.5BA, 4,239 sq ft main residence with wraparound portal, pitched-roof Tesuque farm-style 1BR + den, 2BA, 1,744 sq ft guest house, studio/guest quarters, treehouse + painters shed on 3.59 acres in an unparalleled one-of-a-kind lush setting. MLS 201200912

LIFE IN AN EASTSIDE GARDEN


Authentic and exquisite 2BR, 2BA, 2,287 sq ft mostly adobe main residence circa 1920+ with formal living room, dining room and kitchen overlooking a wonderful portal and lush gardens, updated with care and graced with a handsome master suite, 4 fireplaces, alcoves and nichos plus a free-standing 1BR, 1BA, 1,200 sq ft guest house with kiva circa 2005, nestled in an incomparable Eastside setting.

CLARITY IN DESIGN
SoutheastArchitect Robert Zachrys stunning design achieves it all; showcasing the dramatic NM landscape while creating an elegant, light-filled dwelling that celebrates art and the art of living. The 4,215 sq ft, 3BR, 3BA home with media/den and gourmet kitchen is graced with complex, simple lines, steel accents, walls of glass and portales that look to views in 3 directions. MLS 201202430

OFFERED AT $839,000

OFFERED AT $2,895,000

OFFERED AT $1,750,000

OFFERED AT $900,000

H O M E

T E A M

S A N TA

F E

5054709383

DAVID ROSEN:

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5054902999

Visit Our Portfolio of Outstanding Homes & HomeSites at

w w w . H o m e Te a m S a n t a F e . c o m
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w w w. T h i n k S a n t a F e . c o m
1232 VALLECITA DRIVE $949,888 NOW $888,888

Large 3,300 sq ft main house, plus 1,500 sq ft guest home, close to Plaza. The split level main house is great for entertaining with open living room, dining and large chefs kitchen with granite countertops, spacious outdoor deck, sumptuous master suite plus 2 additional bed/baths. Guest house offers master suite, 2nd bed/bath, living and dining room plus spacious kitchen. MLS# 201202243 A beautiful, spacious, single level, Northwest home with fantastic views located in the gated community of Colinas Verdes, with three bedrooms, three baths, plus a study, large open kitchen with fireplace, lots of natural light, garden courtyard entry, great patios, wonderful gardens, and an oversized three-car garage. Great views all around! MLS# 201102623
41 BLUESTEM DRIVE $729,000

Premium Lots Exclusive Developments Priced to Sell


MONTE SERENO Super Sites with Views $99,000 to $324,900 NORTH SUMMIT Exclusive Location with Plans $249,900 NORTHWEST 5 Acre Parcel with Jemez and Sangre de Cristo Views $149,900

R CE RI P

E UC ED

DAVID 505.954.0735 david.sorenson@sothebyshomes.com


bonnie.sorenson@sothebyshomes.com

SantaFeRealEstateToday.com
Informative Comprehensive Smart
Most Comprehensive Santa Fe Real Estate Statistics Search Complete Santa Fe MLS Current Santa Fe Information
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BONNIE 505.954.0736

David & Bonnie Sorenson


326 Grant Avenue 505.988.2533
12 JU LY 20 1 2 H O M E

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US LO OTS BU L FA IEW V

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TESSERA LOTS LOTS STARTING AT $49,000 A modern sustainable community in Northwest Santa Fe and close to downtown. Amenities include sensible design guidelines, protective covenants, paved streets, city water and sewer, and broadband via cable or DSL. Expansive mountain views and maximum solar exposure. MLS# 201200851

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

DARLENE STREIT GROUP


505.920.8001 dstreit@dstreit.com
SantaFeRealEstateProperty.com SantaFeRealEstateExpert.com SantaFeLuxuryHomesAndLand.com

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173 CHISHOLM TRAIL $1,620,000 Located off Old Santa Fe Trail, on almost 7 acres. Beautifully sculpted contemporary Santa Fe lines, open kitchen, cherry butcher-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

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

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

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

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

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

www.sothebyshomes.com/santafe

Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.

417 East Palace Avenue 505.982.6207


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PAGE 13 BLACK CYAN MAGEN-

SANTA FES MARKET LEADER

We are Local Experts with a Global Reach

1114 PASEO BARRANCA

$875,000

Art of LIVING
E
xceptionally well located Northside home with spectacular unobstructed Sangre de Cristo views. A well thought out floor plan for gracious living plus an oversized portal with plenty of space for alfresco dining and a large sitting area for mountain viewing. The house features very high ceilings and beams throughout most of the house, brick floors and radiant heat. The living room, family room and master bedroom all enjoy the views. The kitchen is a cooks dream totally renovated with white oak custom cabinetry, top-of-the-line appliances and Caesar Stone counters. MLS# 201202053

Fine properties to suit your Santa Fe lifestyle


W NE E IC PR

4 AVENIDA LA SCALA $755,000 Imaginatively recreated in a contemporary style with huge windows that capture Sangre de Cristo views. This home in Casas de San Juan consists of a spacious living and dining room with high ceilings, a master bedroom and a guest bedroom, both with elegant bathrooms, and a handsomely remodeled kitchen. A wonderful guest casita opens to a private courtyard with hot tub. MLS# 201201463

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

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

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

Santa Fe Team
w w w. s a n t a f e t e a m . c o m
Moo Thorpe, 505.780.0310 Chris Haynes, 505.660.6121 Jennifer Gallagher, 505.660.8793
326 Grant Avenue 505.988.2533
14 JU LY 20 1 2 H O M E

Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.

www.sothebyshomes.com/santafe

BLACK CYAN MAGENTA YELLOW

Homebuilding is not dead in Santa Fe


he financial crash has had a devastating impact on the building industry, but in July 2012 things seem to be picking up significantly. Just look at what Anthony Montoya is doing at Vistas Bonitas. Hes overseeing the construction of 71 new houses in the subdivision located south of Rufina Street, about a half mile west 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 threebedroom, two story house included granite countertops in the kitchen and bathroom, tile floors, and a radon-venting system. The garages are fully insulated; theyre using plastic mesh under stucco to prevent cracking; thick insulation in the 2x6 frame construction for a low HERS rating; and long-lasting clay-tile roofs. According to the Vistas Bonitas marketing materials, a single-story Taos model is $185,000 and you need about 7 percent ($12,729) to close, and your monthly payments will be just $839. For the two-story Pecos model, closing costs amount to $14,799 for monthly payments of a little over $884. These are for conventional 30-year, fixed-rate loans through Community Bank; FHA loans are also available to qualifying buyers. Looking at established subdivisions, Patrick Thomas, qualifying broker for Rancho Viejo Properties LLC, said there are now four homes being built by Estancia Homes LLC in the La Entrada neighborhood of Rancho Viejo. Then we have four more were 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 2,800 square 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 only about 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, and builder Joe Boyden plan on going in for another 16 permits soon. Right now we have a three-bedroom home at 1,308 square feet for $229,900 and we go up to 1,856 square feet for $349,000; thats the one that won the Parade of Homes last year for Best Design Under $500,000, McCarthy said. We also have a program with The Housing Trust, some really good soft seconds at La Pradera, for buyers that qualify. In town, Chapman Homes recently sold both of its model homes in The Plazas at Pecos Trail and has four lots left there. Prices range from $485,000 to about $695,000. We also just finished a new, custom-built, presold house in Pion Bluffs [north of Zocalo] and were getting ready to start on another, Beverly Chapman told Home. Those

By Paul Weideman

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

are about $700,000. And we will do two in Las Campanas that 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 said is just sitting there, because the banks wont loan us any money to do the development. In the massive southside Tierra Contenta development, The Housing Trust is planning a 24-lot subdivision off of Plaza Central. James Hicks of the Tierra Contenta Corporation said approvals are in process for a commercial center at N.M. 599, where the state will build an overpass and intersection with an extension of Jaguar Drive. We have two subdivisions, about 20 lots each, in there, one for The 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 Rob Gibbs said there are 38 lots and 11 have sold so far. The organization plans to get going on another project called Las Palomas there this fall. The 50-home Homewise development Old Las Vegas

Place has only four houses left. Construction is winding up on the final house there. And at Pion Ridge in Las Estrellas on the north side of SantaFe, Homewise has 11 presales. Thats 39 lots and were building the model home now, which will be ready for the Parade of Homes in August, Gibbs said. Also in Tierra Contenta, the Santa Fe chapter of Habitat for Humanity is busy near the west end of Jaguar Drive. Thats El Nido, an eight-townhouse project, said Keith Williams, Habitats finance director. We have four under construction and we hope to have the second four completed next spring. Centex Homes, a division of the nations largest homebuilder, Pulte Homes, secured more than 80 building permits for Santa Fe projects during the past year. The two its working on at present are Colores del Sol, near South Meadows Road and Rufina Street; and Villa Sonata, off Governor Miles Road. For Colores del Sol, the buildout is about 200 units and we have about 60 houses left, said general sales manager Wade Messenger. They range from $179,000 for 900 square feet to about $220,000 for 1,900 feet. Then at Villa Sonata were 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 in 2006 and it has been moving ahead, slowly, with 40 of the planned 65 houses still to build. Interest seems to have picked back up, said Aaron Borrego, listing broker with Borrego Construction Inc. Weve put about five houses under contract in the last couple months. They start at $329,000 for a house of about 1,325 square feet. Condominiums began selling in 2002 at the Ricardo Legorreta-designed Zocalo project. Moo Thorpe, Sothebys International Realty, reports, Everything is on hold. Were just waiting for more momentum in the market. We just have two units left that were marketing for the developer that have high ceilings, two bedrooms, and are very stylish. Theyre 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 29lot Rancho San Lucas. For the past few years, theyve been taking turns building a spec home and a presold for someone who saw the spec home and wanted one like it. His homes are what Stickler described as soft contemporary 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 Mary Anne is coming back into building after a five-year hiatus. She will do a spec house in Rancho San Lucas, more of a classic Santa Fe style with all high-end finishes. This will be 2,200 square feet and priced at $535,000. It should be ready in September.

HOME JULY 2012

15

PAGE 15 BLACK CYAN MAGEN-

NewsfromSFAR

Property management: a few tips


Now that you have an investment property, how does it begin to earn money? Real estate may sound like passive income, but managing property requires time and money. Cleaning, repairs, and improvements may be needed before marketing begins. Tenants must be screenewople, contacts in the professional trades, and accounting and collections professionals. You may prefer to hire a property management firm which can handle all aspects of your investment, including soliciting and screening tenants. Property management firms can also be very convenient at tax time by providing accounting statements that detail income and expenses. Of course these services come at a cost and must be factored in. Fees vary, based on the scope and quality of the services provided and by location, property type, condition of the property, or the number of units or homes under contract. Some charge flat rates while others ask for a percent of rental income. When evaluating property management firms, make sure youre conducting a true apples-to-apples comparison. Some companies, for example, include administrative services in their management fees while others tack this on separately. Leasing fees (the cost of finding and screening a tenant) may also be a separate service. But some investors prefer to have it included in a general management fee on the rationale that it creates a stronger incentive for a property management firm to find long-term tenants. A good tenant who pays the rent on time, takes care of the property, and renews the lease one or more years is ideal. Investors understandably feel a sense of urgency to fill vacancies. But failing to carefully screen prospective tenants can trigger much bigger problems than a small delay in generating rental income. Tensions with a deadbeat tenant could lead to property damage and, in some cases, eviction difficulties. How to screen tenants? The most important steps are talking to prior landlords, verifying their current income, conducting a criminal background and evictions check, and doing a credit report. You may be interested in using MySmartMove.com, a web-based service from TransUnion that provides credit and criminal background information. Landlords initiate the screening process, determining who pays the fee (either $25 or $30, depending on the depth of the reporting), then an online application is e-mailed to the prospective tenant. Whatever path you choose in managing your property, be assured that your real-estate investment impacts families, communities, small businesses and the

PACO ARGUELLO

nations economy in a positive way. For a list of local property-management firms that are members of the Santa Fe Association of Realtors, please contact us at 982-8385. Rubel Paco Arguello is a Santa Fe native and chief executive of the Santa Fe Association of Realtors. Contact him at 982-8385.

16

JULY 2012 HOME

BLACK CYAN MAGENTA YELLOW

SANTA FES MARKET LEADER


We are Local Experts with a Global Reach

Simplif y Your S earch S A N TA F E B E AU T I F U L H O M E S . C O M


LD SO W NE E IC PR

Contemporary Santa Fe-style home with gorgeous finishes, light open spaces, and mountain views. Built in 2010, this striking residence features plaster walls, custom viga-beam and herringbone wood ceilings, tile, travertine, and wood flooring, eye-catching doors, 2 kiva fireplaces, and 3 walled outdoor living areas. MLS# 201104741 105AvenidaAldea.com

105 AVENIDA ALDEA

$499,000

This comfortable three bedroom residence on one acre in the Sol y Lomas/Arroyo Chamiso neighborhood is in very nice condition and has wonderful living spaces indoors and out. Walled and beautifully landscaped yard with portal, newer roof and boiler, new stucco. On 1 acre near the hospital. MLS# 201104915 1833ArroyoChamiso.com

1833 ARROYO CHAMISO

$455,000

This Pied a Terre with the utmost in Santa Fe Style is two blocks from the Historic Plaza! Designed by Blaine Young and built by Sharon Woods, this 2BR, 2.5BA residence in the beautiful Magdalena Compound has an elegant yet comfortable feeling. Extra thick adobe walls, brick and hardwood flooring, gorgeous kitchen, and lovely bathrooms. MLS# 201201992 322Magdalena.com

322 MAGDALENA ROAD, #6 $649,000

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

12 VALENCIA RANCH

$795,000

W NE

G IN IST L

ER ND U

T AC TR N CO

Large Sunlit Hills home on 5.25 acres features gorgeous gardens and is highlighted by a fabulous landscaped backyard with a sparkling swimming pool! The den and dining room both open to a patio and inviting portal leading to the splendid pool with built-in hot tub. Remodeled kitchen and wonderful views over the City to the Jemez Mountains. MLS# 201202408 31CaminoPacifico.com

31 CAMINO PACIFICO

$525,000

Adobe residence on one acre in the Historic Eastside not far from the Plaza and Museum Hill was originally built in the 1930s and has grown over the years to a 4BR, 5BA, 5,600 sq ft home with 5 fireplaces plus an indoor swimming pool in a 1,570 sq ft heated room. Enjoy wonderful outdoor living with a fabulous portal and walled garden. 680GarciaStreet.com

680 GARCIA STREET

$1,800,000

Rare offering downtown a few blocks from the Plaza with Amazing Views! Spectacular city lights, and remarkable vistas over Santa Fe to the Sandia and Ortiz Mountains, as well as gorgeous views of the Sangre de Cristos! Relax in this 2BR, 2BA residence with bountiful light in an open-concept living room, kitchen, and dining room/sunroom. MLS# 201201987 616PaseoDeLaLoma.com

616-B PASEO DE LA LOMA

$659,000

42 SAN SEBASTIAN ROAD

A superb and classic example of Pueblo Revival architecture, this circa early 1900s hacienda has been completely refurbished and remodeled in 2007. Thick adobe walls, 6 fireplaces, gorgeous flagstone floors and stone baseboards, plaster walls, traditional viga/split cedar latilla ceilings, and a big portal. Huge art studio with bedroom and full bath. MLS# 201201747 42SanSebastian.com

$895,000

SantaFeBeautifulHomes.com

ALAN AND ANNE VORENBERG


505.954.5515 888.257.6750 Toll Free
Alan.Vorenberg@SothebysHomes.com Anne.Vorenberg@SothebysHomes.com

Elegant Estate with stunning views on 12.5 gated acres near the Plaza comprised of an impeccable residence built by Doug McDowell in 2005 with superb finishes, 11 fireplaces, 8 baths including dual master baths, fabulous kitchen, 3,000 sq ft of portales, 1BR guest casita, and gorgeous swimming pool with cabana and bath. MLS# 201005922 954CerroDeLaPaz.com

954 CERRO DE LA PAZ

$3,795,000

Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.

www.sothebyshomes.com/santafe

326 Grant Avenue 505.988.2533


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PAGE 17 BLACK CYAN MAGEN-

SANTA FES MARKET LEADER

We are Local Experts with a Global Reach

JARRED CONLEY
505.927.5718

BuySantaFeRealEstate.com

Visit us at:

MARY KEHOE
505.310.1422 505.670.5566

FRANCESCA STEDMAN

Scan this QR Code with your smart phone to view these and all our listings online. Download the app: search QR scanner in your app store.

A fabulous home in coveted Los Miradores, featuring an expansive living room with soaring 20' ceilings and 2 fireplaces, which flows seamlessly into a formal dining area. Includes 4BR suites. #201201016

1223 LA RAMBLA

$1,650,000

2300 WILDERNESS HEIGHTS

This double adobe masterpiece by respected architect/inventor/artist Bill Lumpkins offers a unique opportunity to own an excellent example of Pueblo Revival architecture, in a private 5-acre setting. #201104845

$1,750,000

Eastside Perfection. Completely remodeled 3BR, 3BA with ease of living on one level. Features a chefs kitchen and 1BR, 1BA on the lower level with separate outside stairs and morning kitchen. #201004044

1170-B CAMINO SAN ACACIO

$825,000

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

310 DELGADO STREET

$1,200,000

Walk to the Plaza from this in-town house with views. Home is located on large lot with privacy wall creating a beautiful entry courtyard and off-street parking out front. #201105765

693 GONZALES ROAD

$739,000

Walk to the Plaza from this remodeled 2BR, 2BA adobe. Flagstone, stained concrete and wood floors, high ceilings in living room, chef's kitchen, plaster walls. Walled yard. #201102567

601 PINON DRIVE

$559,000

Walk to Railyard, Whole Foods, Farmers Market and numerous shops and restaurants. Metro Compound 2BR, 2BA contemporary condo designed by Trey Jordan with Sangre de Cristo views. #201103945

611-C ALARID STREET

$439,000

Its all about the views. Dramatic views surround this sunny and spacious home with a lush entry courtyard and spectacular living room. Private and very special. #201102585

24 SAN RAFAEL DRIVE

$875,000

Four generations have lovingly maintained and appreciated the rugged beauty of this irreplaceable property in Las Dos. Originally homesteaded in 1930. Panoramic views. #201104811

LOT 2-A LAS DOS III

$750,000

231 Washington Avenue 505.988.2533


18 JU LY 20 1 2 H O M E

Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.

www.sothebyshomes.com/santafe

BLACK CYAN MAGENTA YELLOW

SANTA FES MARKET LEADER


We are Local Experts with a Global Reach

Putting People and Properties Together


LD SO

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

LD SO

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

1496 WILDERNESS GATE $1,795,000 Magnificent estate is on five acres amongst tall Ponderosas located just past the entrance to Wilderness Gate. This expansive 3 to 4BR adobe home has grand spacious rooms accented with warm finishes creating a lovely home environment. The exquisite formal dining room features a Mediterranean dome brick Boveda style ceiling. Additional features are aged multi-hued oak floors, plaster walls throughout. Nine fireplaces (grand shepherds style in living room), bancos and wonderful architectural details. Fully super charming, self contained, one bedroom guest house with kitchen. Plus incredible city lights and sunset views. Now being offered for approximately $200 per sq ft! MLS# 201200467

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

Residential Specialist For Over 25 Years


KAREN WOLFE-MATTISON
505.984.5154 Cell: 505.577.2245

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

223 SPRUCE STREET

$449,500 29 PASEO DEL COYOTE

Enjoy Peace and Tranquility: This lovely 4BR, 3BA home boasts 3,200 sq ft of soaring ceilings, exquisitely landscaped courtyard, and chefs kitchen with thoughtful design and finishes. 3-car garage, evaporative coolers, and peaceful setting. #201202405

$795,000

Over 2,300 sq ft featuring master with fireplace, single level, split floorplan, and extra hobby room. Clerestory hallway that shines natural light on the adobe accent wall. Extensive landscaping. #201201346

858 MAGEE LANE

$599,000

TAX DEFERRED EXCHANGE SPECIALIST

Helping People with Real Estate Strategies Since 1989


Extraordinary Views! Over 4,000 square feet of remodeled house and guest house. Incredibly quiet and private with a cozy pool, 3-car garage, and lots of exterior entertainment space. #201104212

22 VISTA REDONDA

$1,195,000

610 RIO GRANDE/605 GRIFFIN

Casa Rio Grande welcomes you with an expansive enclosed brick courtyard with water feature. The charming 2BR, 2BA main living area is 1,200 sq ft and boasts vigas and beams and hardwood floors. #201202202

$575,000

Direct: 954.0734 Cell: 670.9377

CHARLES WEBER
326 Grant Avenue 505.988.2533
H OME J U LY 2 0 12 19

Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.

231 Washington Avenue 505.988.2533

www.sothebyshomes.com/santafe

PAGE 19 BLACK CYAN MAGEN-

SANTA FES MARKET LEADER


COMMERCIAL OFFERINGS

We are Local Experts with a Global Reach

A rare opportunity to own a Santa Fe landmark! The Ghost Ranch Conference Center is now available for reimagining and reinventing. The real estate includes 2.521 acres and 31,940 square feet of buildings connected by corridors. MLS# 201104332

401 OLD TAOS HIGHWAY

$4,200,000

The Manderfield School, historically designated. Original structure was built in the Territorial Revival style by John Gaw Meem in 1927. The zoning is R-5 and is perfect for a residential compound with common artist studios. MLS# 201200570

1150 CANYON ROAD

$1,995,000

The Triangle Inn. Wonderful bed and breakfast inn property. Five distinct casitas ranging from cozy studios to a large two bedroom house. Main house is approximately 4,000 sq ft. Charming adobe living in a rural and convenient location. MLS# 201105233

14 ARROYO CUYAMUNGUE

$1,100,000

This historic adobe compound was built circa 1910 and remodeled in 2001 by acclaimed local architect Eric Enfield. This is an exceptionally well-finished and updated commercial or residential condo on the historic Old Santa Fe Trail. MLS# 201103198

612 OLD SANTA FE TRAIL, A

$795,000

Colorful and unique 3-story, mixed-use opportunity. C2 zoning allows commercial and residential uses. Ground floor is configured as commercial offices, upper floors are configured as 1 bedroom residential loft over an open space living area. MLS# 201201654

1918 HOPEWELL STREET, A

$485,000

Colorful and unique! This impeccably maintained live-work condo is in the Pacheco Triangle neighborhood. C2 zoning allows commercial or residential use. Great for artists, professionals and those who want to live upstairs and work downstairs. MLS# 201200069

1918 HOPEWELL STREET, B

$269,000

RESIDENTIAL OFFERINGS

Excellent location. This is a recently updated and well maintained 2 level home with 3BR, 2BA in 1,937 sq ft. In the desirable South Capital neighborhood. MLS# 201201696

1206 GALISTEO STREET

$475,000

Great home on a corner lot. Well maintained with 2BR and a study that could be a 3rd BR, plus a sunroom with high ceilings. Light and bright 1,609 sq ft open floor plan. MLS# 201201701

2953 CALLE DE OVEJAS

$275,000

4-unit fully rented income property in the heart of Santa Fes Eastside. Each unit open to a portal facing a common shaded courtyard. Each unit has its own private yard. MLS# 201100168

706-708 EAST PALACE AVENUE

$690,000

TAI BIXBY CCIM


505.577.3524
tai.bixby@sothebyshomes.com
Nice adobe home in Casa Alegre with 3 bedroom and 2 baths, large wood stove, hardwood floors under carpet and a large shed. The yard is walled and fenced for privacy and there is plenty of parking on this 0.2 acre lot. MLS# 201104585

2508 ROSINA STREET

$257,000

Foreclosure investment opportunity! 7 unit multi-family income property consists of 3 freestanding homes and two duplexes on 6 acres. Conveniently located near I-25 and Old Pecos Trail. MLS# 201201315

9 WAGON WHEEL LANE

$775,000

417 East Palace Avenue 505.982.6207


20 JU LY 20 1 2 H O M E

Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.

www.sothebyshomes.com/santafe

BLACK CYAN MAGENTA YELLOW

SANTA FES MARKET LEADER


We are Local Experts with a Global Reach
E IC PR

W NE

La Vereda home near the Plaza, in wonderful condition. Lovely Santa Fe details include vigas and beams, a kiva Heatalator fireplace, a south-facing patio with fireplace, and a delightful upper deck off the master. 2BR, 2BA. MLS# 201201955

707 EAST PALACE AVENUE, #7

$575,000

62 EAST WILDFLOWER DRIVE

Views and wonderful seclusion from this sweet two bedroom Tierra Del Oro home while just minutes from town. High ceilings with vigas and latillas, brick floors and open concept living/dining areas. MLS# 201201444

$610,000 2 WILDFLOWER WAY

Long before Las Campanas, this 3,700 square foot old adobe house and 1,200 square foot guest casita sat on five acres of quiet and great views, which it still enjoys in its wonderful location. MLS# 201200381

$649,900

W NE

I IST

NG W NE

G IN IST L

36 RAVEN RAVINE

Poetic adobe handcrafted home that is a fusion of craftsman/ Asian/southwest design, includes a studio, office/guest house and heated garage perched above the Lower La Cienega Valley on almost four fenced and gated, well watered acres. MLS# 201202750

$675,000

705 GALISTEO

Charmingly authentic 1924 adobe near the Railyard and the Plaza is a special treasure, with 4 fireplaces, wonderful viga, beam and latilla ceilings and plank wood and tile floors. Two or three bedroom, 1,668 sq ft South Capital home. MLS# 201202741

$385,000

KATHERINE BLAGDEN
Office: 505.955.7980 Cell: 505.490.2400 kbsantafe.com

Tune in Every Sunday at Noon on Talk 1260 KTRC-AM

All Things Real Estate Radio Show


Hosted by Rey Post, Associate Broker, Sothebys International Realty. Also listen on ATREradio.com (at 1260 KTRC Live Streaming Audio button).

WHAT PEOPLE ARE SAYING ABOUT THE SHOW:


The June 3rd remote broadcast from the Santa Fe Marimba Festival was great! I watched the video stream from Texas and know that the one we stage this fall from the Bonanza Creek 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 radio show 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 the gallery on Mothers Day. I cant imagine why any business wouldnt want to use a remote to entice consumers to their own location. Stephen Etre, Co-Owner, Stephen's, A Consignment Gallery, Santa Fe, NM

NW home featuring Sangre de Cristo views for enjoying summer in true Santa Fe style. Deep portales and outdoor replaces expand living and entertaining areas. Oversized kitchen, well appointed dining area, and great room with bar and wine fridge. Hardwood oors, oversized master with gas replace, private patio, and a huge walk-in closet. 3-car garage! #201202301

9-B PASEO DEL PAJARO $747,500

W NE

G IN ST I

6 PASEO DEL ANTILOPE $695,000

Enjoy spectacular sunset views reminiscent of the Old West on your very own Santa Fe portal! Designed for entertaining, this home features an open living plan with gorgeous, low-maintenance landscaping and outdoor spaces on 2.5 acres. #201202713

For more information, contact Rey Post: 505.989.8900 rey.post@sothebyshomes.com. 2011 Santa Fe Chamber of Commerce Business Excellence Award Nominee
Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.

505.920.4774 janice.cox@sothebyshomes.com
417 East Palace Avenue 505.982.6207
H OME J U LY 2 0 12 21

JANICE COX

www.sothebyshomes.com/santafe

PAGE 21 BLACK CYAN MAGEN-

Warren Sacks honored in national mag


his spring, the editors of Realtor Magazine announced that Barker Realtys Warren R. Sacks was named to the 30 Under 30 Class of 2012. Sacks, who has been with Barker Realty for seven years and is currently vice president, was among those recognized for excellence in the categories 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 the Realtors Association of New Mexico board. He was previously also on the local board for Big Brothers Big Sisters. Barker Realty president David A. Barker mentioned Sacks fighting spirit in comments about the honor in Realtor Magazine, the official magazine of the National Association of Realtors. The downturn in the real estate market brought out the best in him. Warrens leadership contributed substantially to Barker Realtys more than doubling their sales over the past two years. Home|Santa Fe Real Estate Guide interviewed Sacks at the companys headquarters in the Santa Fe Railyard. These are tough times. They are. Every deal we see is challenged. Now that were starting to see some improvement in the market, we see buyers thinking theyre going to get everything they want, and sellers are holding firm. The dynamics are fascinating. For a year or two after the crash, brokers were complaining that sellers had unrealistic prices. Now theyve made those adjusments and they dont think they need 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 weve been most focused on recently are for inventory. Theres around 1,400 homes for sale in Santa Fe County and it was over 2,600 five years ago. Thats a real positive. Lets talk about you. Where you were born and raised? Here in Santa Fe. Im 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 and they said you look very professional, but we need you in jeans and a T-shirt. I spent my first two weeks here cleaning out the basement. Thats what they hired me for. Then I was receptionist for two or three months before I got my real-estate license.
22 JULY 2012 HOME

By Paul Weideman

able to go to Africa on safari and the year before that I was in Asia. I love having real adventures, with no blinking cell phone, in places that are not as developed. Where did you go in Africa? Botswana, but I did do a bungee jump at Victoria Falls in Zimbabwe: a 333-foot freefall. Thats insane. Im all about adventure and being uncomfortable. Its how far can you push yourself, personally and professionally, whats possible versus what in your mind you tell yourself is possible. I guess Im traditional and at the same time very untraditional. We try to think outside of the box and try not to let the industry dictate what can be done. We have a continuing problem in our banks, including not allowing for a perhaps better situation in Santa Fe. Lending tightened and there has been no loosening at all, although I think Century Bank, Los Alamos National Bank, New Mexico Bank & Trust, the local institutions, are a lot more reasonable. Its the giants out there, which dont have an intimate knowledge of Santa Fe, that are dictating things. Also I think our credit unions have more flexibility than anyone else. Theyre an underutilized asset. Its hard. Anytime the rates bottom again, theres PHOTO BY PAUL WEIDEMAN a refi boom and applications flood the market. That I partnered with Artie Garcia for about 18 months. I spike logjams everything and it makes purchases represented The Alameda condominiums, heading up our harder, even though its a positive thing that people can get team with Robin Zollinger and Artie. I started helping such a wonderful deal. David a lot more on the day-to-day management, the Whats your forecast for the second half of 2012? operations, and where he wanted to take the company. In Im very optimistic. I think were seeing a lot more buyer the spring of 2008, he promoted me to vice president. Then urgency, an increase in consumer confidence, and wellit was that fall when the world changed. priced homes that hit the market and sell in a day, a week, You said where he wanted to take the company. What a month. were the options? But we do have a presidential election coming up. Im I think it was sell, merge, or re-invent, and we clearly cautiously optimistic. When the political rhetoric gets went with the re-invent option. We became a very agentgoing, will that hurt consumer confidence? We want to centric culture, where we really tried to focus on listening focus on the positive, but in the back of our mind we have to what our agents want, what they needed to be successful: to be prepared for a possible slowdown later this year. the education and personal development and professional And we have this shadow inventory now: foreclosures development that they needed and wanted to help us move and short sales. Theres going to be more distressed forward. properties hitting the market than people want to Technology was more important? acknowledge. Last year 24 percent of sales were distressed Everything is cloud-based, and we have been heavily and this year it will be more like 28 to 30 percent. That focused on that, so we have to have a much stronger web presents a problem for equity sellers, especially when there presence to reach out to the consumer and to speak to are distressed properties on the market nearby that may be them in a way where they contact our agents. We really try priced much lower. to base all our technologies on the consumer. But some of those homes have been sitting without Last Friday we had a client-appreciation party. Lisa maintenance for years. [Barker] calls it the Barkeroo Ball. We had tons of past We encourage all of our clients to be more thorough than clients and it was a chance to let them know from a local ever on inspections so they know what theyre buying. Our perspective how much we appreciate who they are and people have to be so much more skilled and really look at their loyalty to us. the details. David and I are relentless, probably obnoxiously What do you enjoy in your off hours? relentless, with our people about understanding the market I love the outdoors, including snowboarding here in and explaining the market to their clients. the winter. I love travel. Last year I was fortunate to be

BLACK CYAN MAGENTA YELLOW

Connection Expertise Vision Constancy

196 Gonzales Rd.

1304 Avenida Aliso

Jeanne Chieffo Boyles

Offered At $597,000 MLS #201202573 Offered At $379,000 MLS#201102261 Stunning Views Front & Back Casa Solana Charm & Great Location 4 Bedroom / 3 Bathroom, 2,800 sq. ft +/- 3 Bedroom + Ofc. / 2 Bath, 1,750 sq. ft +/-

600 Armenta St. - Museum Hill Beauty


Behind gated walls a visual pleasure awaits the discriminating buyer. OPEN SUNDAY JULY 1st, 1:00-3:00PM

With great excitement I would like to announce that Jeanne Chieffo Boyles has joined my office. Formerly the Housing Manager for the Santa Fe Opera, Jeanne has also been a licensed Realtor for 32 years and a resident of Tesuque for 39! She knows all the nooks-and-crannies of the Santa Fe housing scene. She may be reached at 505.501.4311 or by email: jboyles@ comcast.net. Welcome Jeanne!

600 Armenta St.

Offered At $1,495,000 MLS #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!

www.600Armenta.com

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

PAGE 23 BLACK CYAN MAGEN-

$3

0 9 ,00 4

We dont just sell new homes, we sell lifestyles.

This beautifully designed and built home is nestled among pinons and ponderosa on 1.25 acres, and borders a natural arroyo / nature trail perfect for lovely daily walks. Built in 2006, the home is 2BR, 2BA, 1200 sq ft, and boasts diamond finish plaster walls, dramatic beamed ceilings with skylights, tinted concrete floors with radiant heat, and a spacious, brick-lined portal overlooking the arroyo. Lovely two-sided wood-burning fireplace that is enjoyed from the kitchen/dining and living room. Lots of natural light and privacy. Nicely located between Harrys Roadhouse and Bobcat Bite. MLS# 201201895

Marcia Wolf, Qualifying Broker 505-982-4201 Missy Wolf, Associate Broker 505-310-9700
200 W. DeVargas, Suite 2 Santa Fe, NM 87501 505-982-4201

We offer the perfect solution for those wanting to travel, entertain and enjoy a carefree lifestyle. Spacious single story floor plans with beautifully designed elevations. Great new homes for empty nesters looking for that ideal location 5 minutes from the Plaza.
CH A P M A N H O M E S
Open Sunday - Friday 1-5PM

50 5 - 9 8 3- 8 10 0 c h a pma nh o me s . c o m
Old Pecos Trail at St. Michaels Drive near Zia Rd.

Luxury in the high desert.


Located in the heart of Las Campanas, selling all of Santa Fe.
Craig Huitfeldt, QB Michaelann Huitfeldt John Arnold Jan Kapustinsky Nancy Lehrer John Scott Bob Sherwin Jack Welch Stephanie Yoder

Walk to the Plaza


317 Magdalena
You cant get any closer to The Plaza! This authentic Santa Fe adobe is the real Santa Fe experience. Two mastersuites, high ceilings with vigas and latillas, kiva fireplaces, brick flooring with radiant heat, skylights and French doors that lead to an incredibly private large shaded courtyard. While this property would make a wonderful residence, it is also a completely furnished, turnkey property that has a great rental history and short-term rental permit.

Price At: $569,000


MLS# 201200802

bell tower properties,llc.


(on the way to Las Campanas)

Stephanie Duran
Mobile: (505) 204.2491 Fax: (505) 455.8757 Email: stephanieduransf@gmail.com

218 Camino La Tierra Santa Fe, NM belltowerpropertiessantafe.com


24 JU LY 20 1 2 H O M E

505.988.2428

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

BLACK CYAN MAGENTA YELLOW

While others While others are closing While others are closing While others their doors are closing their doors are closing their opening were doors their doors were opening new ones for were opening new ones for were opening our stakeholders. new stakeholders. our ones for new ones for our stakeholders. ty distributed more than $30.5 million In 2008, Keller Wil iams Real our stakeholders.

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

Providing security for today, wealth for tomorrow and acting as a lifProviding security formes, profit share itomorrowgandes.acting as a eline during tough ti today, wealth for s changin liv While others are slowing Keller Wil iams Realty is growing.

Providing security times, profit share is changing lives. lifeline during tough for today, wealth for tomorrow and acting as a lifeline during tough times, profit share is changing lives. Providing security for today, wealth for tomorrow and acting as a While others are slowing profit share is changingislives. lifeline during tough times, Keller Williams Realty and acting as a Providing security for today, wealth for tomorrow growing. While others are slowing Keller Williams Realty is growing. And, were sharing the times, profit share is changing lives. lifeline during tough rewards. And, were sharing the rewards. While others are slowing Keller Williams Realty is growing. And, were sharingslowing Keller Williams Realty is growing. While others are the rewards.

While others are closing

In 2008, Keller Williams Realty distributed more than $30.5 million In 2008, Keller Williams Realty distributed more than $30.5 million in profit share to those agents who helped grow our company. in profit share to those agents who helped grow our company. In 2008, Keller Williams Realty distributed more than $30.5 million In 2008, Keller Williams Realty distributed more than $30.5 million in profit share to those agents who helped grow our company. in profit share to those agents who helped grow our company.

H OME J U LY 2 0 12

25

www.kw.com www.kw.com
www.kw.com www.kw.com

PAGE 25 BLACK CYAN MAGEN-

104 CAMINO CHUPADERO. Resting on 7+ acres of land, this wonderful ranchito has 3 wells, 2 ponds, acequia rights, 3 pastures and mature trees, all bordering the Chupadero River. The 3 bedroom double adobe is sophisticated and understated with traditional hand-plastered walls, cathedral ceilings, and brick and oak floors. The compound has a swimming pool and large spa, an equipment garage with office, a double garage, a freestanding chicken coop and an incredible horse facility that includes a well-equipped barn with 4 stalls and runs, heated tack room, half bath, and separate loafing shed and round pen. MLS #201201920 $1,495,000 Jennifer Tomes 505.690 .6477 jentomes@me.com

34 GOODNIGHT TRAIL. Gorgeous, contemporary Pueblo-style home in La Tierra Nueva. Completely renovated and remodeled by Wolf Corp., this 4 bedroom adobe home on 10.35 acres is loaded with details: American Clay wall finishes, custom cabinetry, built-in bookshelves, skylights, vigas and coved ceilings, window coverings, custom art lighting, and plenty of storage throughout (including a large walk-in closet in the master suite). The gourmet kitchen is equipped with state-of-the-art appliances, including an induction stove top. Beautifully landscaped with two walled and landscaped courtyards. MLS #201103432 $1,875,000 Clara L. Dougherty 505.690 .0471 claradough@gmail.com

214 MESA ENCANTADO. Completely remodeled in 2010, this beautiful, fully furnished and equipped condo in Pueblo Encantado offers spectacular sunset views over the Jemez Mountains from the highest point in the complex. All new kitchen appliances, HVAC, laundry, and water heater are just a few of the wonderful features. The spacious master bedroom has a kiva fireplace and redesigned master bath. A private guest bedroom also has a fully renovated bath. There are excellent 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 $365,000 Clara L. Dougherty 505.690 .0471 claradough@gmail.com

1445 NEVADO RIDGE. Nestled among the pine trees of The Santa Fe Summit / North is this dramatic contemporary, two-story,3 bedroom, 21 2 bath home. A stunning spiral staircase sets the stage for the inviting and open floorplan. Expertly sited, each room takes advantage of the views from the expansive windows that invite the outside in. The elegant use of natural light highlights the natural finishes and built-in cabinets. The living room has a magnificant treetop view, fireplace and wetbar. On the lower level is an office/library, a spacious master suite with walk-in closets, sitting area, full bath, and ground level forest fiews filled with wildlife. A little bit of peacefulness and just 10 minutes from the Plaza. MLS #201200947 $940,000 Clara L. Dougherty 505.690 .0471 claradough@gmail.com

16 N. CAMINO DON CARLOS. This custom designed home incorporates both traditional Southwestern and contemporary design elements. The 3 bedroom, / 3 1 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 also includes a formal dining room, gourmet eat-in kitchen with stainless steel appliances and kiva fireplace, family room/den, antique doors, flagstone floors and beautiful accent tile work, plus a detached 1 bedroom, 1 bathroom guest casita. Additionally there is an attached 2-car garage plus a detached 2-car garage with additional storage and views galore. $897,500 Clara L. Dougherty 505.690 .0471 claradough@gmail.com

211 ROSARIO #5. A beautifully maintained two-story condominium close to the Plaza and downtown Santa Fe. A bright, open floor plan highlights this condominium which is graciously appointed with kiva fireplace, vigas, saltillo floors, divided light windows and a private landscaped courtyard. With 2 bedrooms / and 11 2 baths this home can serve as the perfect full-time residence, pied-a-terre or as a rental property. Many desired features include: gas cooking, washer and dryer, radiant floor heating, security system, and a one car garage plus additional communal parking. Worth noting is the property has demonstrated a consistent rental history. MLS #201201655 $339,000 Jennifer Tomes 505.690 .6477 jentomes@me.com

expect more.
505.989. 77 41 433 WEST SAN FRANCISCO STREET SANTA FE, NM 87501

expect more.
A F U L L S E RV I C E R E A L E S TAT E B R O K E R A G E F O R O V E R T W E N T Y Y E A R S

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

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 . To m e s ,

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

Broker Associate . Warren Thompson, Broker Associate . Pam Alexander, Office Manager

BLACK CYAN MAGENTA YELLOW

PAGE 27 BLACK CYAN MAGEN-

EL LLANO - Minutes to town and schools, this 3

BR, 1 BA home with attached garage has propanel roof, evaporative cooling, hardwood floors, wood stove, natural gas, own well and septic all on 1.5 acres. $137,000

D CE G DU N RE RICI P

The Hills and Villas

home, its a corner lot, home has passive solar exposure, detached garage, carport, large living room, and fireplace. Convenient location, close to schools, hospital, churches, parks, library and swimming pool. Walled yard. 0.380 acre $165,000

ESPAOLA - Great location for this 4 BR, 2 BA

at Bishops Lodge

ESPAOLA - Country living in the City. This 3 BR, 1 BA home sits on .59 acre, 1998 sq. ft., features flagstone, carpet and tile floors. Beams in some rooms, wood stove, sun room, propanel roof, detached garage/ workshop, several out buildings. Water rights to water incredibly beautiful landscape, private well, city utilities, basement area and numerous features. $250,000 ABIQUIU - Adobe home on the Chama River, featuring 3 BR, 2 BA, 2550 sq. ft., 4 kiva fireplaces, nichos, tile & wood flooring, vigas, large south windows, views of the river, spiral staircase with Pedernal views, large cottonwood trees, natural landscape, detached garage/ workshop, own well and septic, many, more features. A Must See!! 27.610 acres $500,000
Abiquiu: 1.48 ac $28,000 Espanola: Chacoma Vista $50,000 Santa California City: 1.9 ac $30,000 Tierra Azul: 3.62 ac $70,000 El Rito: 2.13 ac $38,000 Medanales: 5.47 ac $70,000 Espanola: .20 ac $52,000 Abiquiu: 4.86 ac $125,000 Truchas: 2.39 ac $53,000 Espanola: 1.14 ac $160,000 El Guique: 34 ac & 160 ac trs

Free-standing Villa and Custom Home Lots with Stunning Views


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.
Exclusively represented by

LAND

Call Steve Flance for a tour at 505-690-5838

THE FLANCE COMPANY


Stephen R. Flance Qualifying Broker and Owner 505-988-9891 800-409-2494 bishopslodgehills.com

1114 N. Riverside Drive Espaola, NM 505-753-7159 www.cybermesa.com/~yuccareal

All information contained herein is deemed reliable, but no representations or warranties are made as to the accuracy of the information. Availability is subject to sale 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.

28

JU LY 20 1 2 H O M E

BLACK CYAN MAGENTA YELLOW

OutandAbout

LOL OMG

the Queen looks younger than Beatle Paul!


Darlings, Wednesday is Independence Day, and I usually look forward to shooting off at least a few bottle rockets, but this years ferocious fires have certainly dampened my desire. (Dont misunderstand me, Cream Puffs, I still have desire in my heart for other dangerous activities, like wearing my heart on my sleeve, or putting my foot in my mouth, but this season playing with fire is off limits.) I have some friends whose house was counted in the 225 homes destroyed by the Little Bear Fire that charred 59 square miles outside of Ruidoso. I dont know any of the trout personally, but I do know that thousands of them are being relocated from their streams in the Gila to a fish hatchery in Northern New Mexico in an effort to save them from the damaging aftereffects of the raging fire in the Gila Wilderness. These are very sobering events leading into a dry summer. So... my advice to my Little Firecrackers this holiday: skip the fireworks and enjoy the day for its original intent, a day celebrating the approval of the Declaration of Independence on July 4, 1776. Speaking of England (and our independence), where were you during the four-day celebration of the Queens Diamond Jubilee? While I was watching the celebration unfold on the TV in my living room, my friend, Tori Warner Shepard (City Different Realty) was watching with her husband, David, and friends on a British ship embarking on a two-week Baltic Cruise. Kittens, I think their TV screen was bigger than mine. (And Im so embarrassed that I dont have a Media Room.) Anyway, while watching one particular shot of the Queen smiling at the audience with the entire cast of the Diamond Jubilee Concert behind her, both Tori and I couldnt help but notice that the Queen, at 86, seems to look younger than Paul McCartney, at 70. Heres another age and celebrity thing (while were on the subject). Maybe its just me, but Im thinking that Madonna is maybe too old and sinewy (enough yoga and macrobiotics already!) to be flashing her old and rather uninteresting right breast on a stage in Turkey, of all places. I dont think she understands that she once was edgy, but that was a long time ago. As the song says, That was yesterday...and yesterdays gone. Back to today and speaking locally instead of globally, Jim DeVille (formerly Barker Realty) has returned to Sothebys. I caught up with him when he and his partner, Scott Roby, were checking on a gigantic redesign/remodel project in Las Campanas that Scott is doing. (I say gigantic, but I know that size is relative, so if you want to know exactly how big, Possums, give Scott a call.) Jim said he had a great time at Barker Realty, but hes glad to be home. This time, hes at the Sothebys Washington Ave. office, which makes me realize his motivation: he missed the Santacaf. After an almost 18-year hiatus, Jeanne Boyles has returned to the world of real estate and is working with her friend, Donna, at Donna Elena Saiz Real Estate Group. The people at The Santa Fe Opera (where Jeanne was the housing manager, etc. - a very big etc. - for many years) cried when she left, and theyve probably had to hire at least three people to take her place. Jeanne, who lives near Shidoni Foundry in Tesuque, moved here in 1970 and met her husband, Norman, at a party at the late but legendary Winnie Beasleys Tesuque home, where Winnie was entertaining her guests by playing a lowdown style of music on her gutbucket. (Winnie was a multitalented, eccentric character, and those,
OAKLEY TALBOTT

Tori holds British flags to ensure she wont be ejected from the ship during the Queens Diamond Jubilee

Jim DeVille is back home in Sothebys arms

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

my friends, were the days.) Jeanne and her six siblings grew up in what was once the country home of Fanny Brice in Huntington, Long Island. Cornflowers, I tell you this so that you get an understanding of whom Jeanne has been channeling all these years. Shes the entertainment wherever she goes, so the real-estate community will be thrilled to have her again. When Jeanne has time to pen her life story, it will be My Large, Crazy Improv Life. Heres something I forgot to mention last month. Ed Larson (owner of the Ed Larson Art Gallery on Canyon Road across from El Farol) has added yet another title after his name. It is now Ed Larson: Folk Artist, Cowboy Poet, Father of Eight, and Ordained Minister (non-denominational). He found that performing the marriage for David Hall and Alice Seely in May was so rewarding that hes offering a special on weddings for the whole month of July. For only one payment of $19.95 (is this an infomercial??), Ed will perform the wedding. For an additional $19.95, he will include a 6x8 original painting of the happy couple, a cowboy poem crafted just for them (to be used as the foreword in the guest book), and a homestyle recipe for good old-fashioned happiness. (Pumpkins, I must warn you that hes been married more than once... but creative people dont always lead by example.) So long, Sweetpeas. Until next time... Oakley Oakley can be reached at merrilypierson@me.com

Bonnie (left) thinks her husband Eds new vocation (ordained minister) brings another dimension of happiness to their lives. Eds gonna write a new poem about the joys of marryin folks.

HOME JULY 2012

29

PAGE 29 BLACK CYAN MAGEN-

Inside Adobe Walls

1303 Camino Corrales. Out Old Pecos Trail and turn L on Armenta (at Cordova light). Turn L at the T onto Cam. Corrales.

A splendor in home and garden


Photos by Jane Phillips / The New Mexican unless otherwise noted

By Paul Weideman

he colorful profusion of flowering plants on this property represents an accomplishment of many years that approaches or perhaps even embodies 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, it has 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 glass rocks 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. Theres even one in the foyer; the space also is graced with cutout nichos, allowing enjoyment of the art pieces therein 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 Peasco-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
30 JULY 2012 HOME

of Sub Zero refrigerators and a Dacor double oven. The cabinets are Wood-Mode with custom fronts by the owner, lending an easy country ambience to the food-preparation area. The master suite was designed with two bathrooms, his with walk-in tile shower, hers with 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 mature trees 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. Theres even a stand of bamboo, providing canes for use as garden stakes. Everything has been planted organically and its all on a drip-irrigation system with timer. 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: Pion Cottage with two bedrooms, full kitchen, and a dedicated courtyard; the more contemporary Rose Cottage; and the Barn Casita attached to stables. Horse pastures and stables were in use until recently. There are, indeed, multiple lifestyle possibilities on this 4.76-acre property. There are two different worlds here; this one 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.

BLACK CYAN MAGENTA YELLOW

PHOTO COURTESY JAMES BLACK

1303 Camino Corrales. Out Old Pecos Trail and turn L on Armenta (at

1303 Camino Corrales. Out Old Pecos Trail and turn L on Armenta (at Cordova 1303 Camino Corrales. Out Old Pecos Trail and turn L on Armenta (at Cordova light). Turn L at the
HOME JULY 2012 31

PHOTO COURTESY JAMES BLACK

PAGE 31 BLACK CYAN MAGEN-

ArtfullivingByDesign

An Eastside adobe transformation


As we entered for the first time into this old Eastside adobe duplex, the dismal walls called out for HELP! The duplex consisted of two separate units totaling about 1,200 square feet and sharing a common adobe wall at the heart of the property. The owners ultimate goal was to reconstruct it into a single-family home that she could enjoy living in and welcome family and friends into a warm, inviting space. Understanding the lifestyle of the client is the key to creating the design story of this progressive change. Focusing on the proposed kitchen in this article, you will witness a vision and natural progression for the interior design and how it came alive. When thinking about transforming a small space, it is imperative to utilize every bit of square footage in a meaningful way. Also considering the uniqueness of the space takes into account what may be the best part of the transformation. In this case a dark closet was transformed into a lovely and light pantry passage loaded with smart details and function. The designer had to discover the owners lifestyle and aesthetic to thoughtfully form the groundwork required to create a functional and naturally charming space. Keeping a simple yet Before distinctive design style and carefully appointing design details was very important in collaboration with the owner of this small and efficient kitchen. Note the unique and purposeful design details: 1. The previous garden window was old, and clearly an eyesore both exterior and interior. It was replaced with a unique window that had enough depth to float potted herbs on glass shelving, creating a fresh, natural focal point at the kitchen sink. 2. Next the designer selected a shimmery glass tile to update and calm the space, bringing in a water element and a unique play against the soft warm undertone of the diamond-plastered walls. The two materials complement each other in a unique and fun way. 3. Reclaimed barn wood was selected for open shelving to add texture, warmth and character without cluttering the space with upper cabinets. 4. Distinctive black iron brackets supporting the old barn wood became one of the biggest little details that in the end had added a bit of drama, creating an edgy contrast against the soft plaster tone without being too heavy. Design challenges such as this can be overwhelming. Seeking the support of

LISA SAMUEL

a licensed interior-design firm can help you achieve incredible results with an expectation of a unique transformation that completes the story of a naturally charmed space both with beauty and function. The kitchen pictured was designed by Jennifer Ashton, Allied Member, ASID, a staff designer at Samuel Design Group based in Santa Fe. Construction renovation was completed by Yardman Construction, Santa Fe. Lisa Samuel, ASID IIDA (505-820-0239, lisa@ samueldesigngroup.com) is an award-winning interior and furniture designer and the owner of Samuel Design Group Interiors and Home Boutique located at 428 Sandoval Street, Suite B, Santa Fe, New Mexico 87501.

After

Building permits
SANTA FE COUNTY building permits issued from mid-May to mid-June included the following:

Univest - Rancho Viejo, 52 Victorio 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.
32 JULY 2012 HOME

La Nueva Querencia, 41 La Pradera. $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.

Building permits issued by the CITY OF SANTA FE during the month of May included the following:

Pulte Development of New Mexico, 3808 Montana Verde Rd. $171,240. 3812 Montana Verde Rd. $219,158. 3826 Montana Verde Rd. $254,942.

3828 Montana Verde Rd. $254,942. David Ohori, 717 Calle de Leon. $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.

PHOTO COURTESY LAURIE ALLEGRETTI

Santa Fe Habitat for Humanity, 7284 Ave. El Nido. $100,000. 7286 Ave. El Nido. $100,000. 7288 Ave. El Nido. $100,000 7290 Ave. El Nido. $100,000.

BLACK CYAN MAGENTA YELLOW

Mortgagematters

Rates at 3 percent and lower?


The mortgage rate I am addressing is the 30-year fixed rate at an incredible rate of 3 percent without points and very low closing costs. Is this possible? Lets look at two competing economic scenarios for the key to the future of mortgage financing. The United States, Europe and the rest of the world have never experienced the reduction of interest yields that we are now seeing. U.S. Treasury yields are currently at record low levels as a result of a flight to quality - as uncertainty spreads, investors place their investments in financial instruments that they believe have no possibility of failure. The Treasury market is indeed that safe location for the worlds money. Think about it. As more and more is invested, the price of the Treasuries go up and the corresponding yield declines. The 10-year Treasury has reached the lowest point in decades at a 1.50 percent yield. That means investors would rather accept a return of 1.5 percent than risk their money in stock holdings or any European government bond. This first idea, Scenario I, suggests that the 30year, fixed-rate home mortgage will fall to 3 percent because its relationship is normally 2 percent above the Treasury yield of 1.5 percent. Remember when the 10-year Treasury bond was at 2 percent or higher just a year ago and the 30-year, fixed-rate mortgage was at 4 to 4.5 percent? If the Treasury goes to 1 percent, can we expect a 3 percent 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 job market improves and consumers begin to spend with confidence, which will divert investment dollars back into the U.S. stock market. If and when this occurs, the flight to quality will reverse and as Treasuries sell the yield will increase. At this point, home mortgage rates will begin to increase. In Scenario II, a renewed fear of inflation will begin adding more reasons for higher interest rates through adjustments to the Federal Reserve policies. Actually, Scenario I and II are both valid but can occur at different times. When Scenario I runs its course and Treasuries become fully invested by the worlds money managers, then the stage is set for Scenario II to possibly begin. Worldwide investments are now seeking this equilibrium for Scenario I. Even gold is being sold along with stocks to invest in the safer U.S. Treasuries. When enough European and other foreign assets are sold and re-invested in Treasuries, an equilibrium will be reached. The equilibrium point will determine the lowest level for our home mortgage rates. Most of us thought 4.5 percent was the lowest we would see the 30-year fixed

JIM GAY

rate. Then, we thought 4 percent was the lowest and now maybe 3.75 percent is the lowest. The cumulative effect of billions of financial decisions will place all of us at the equilibrium point between Scenario I and Scenario II and determine that low point for our home mortgage. Jim Gay was a real-estate broker for 20 years and has been a consultant for Fortune 500 companies. He is currently a broker/owner with Home Buyers Mortgage (986-9080) and can be reached at jim@jimgayhomemortgage.com

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OurwaterQuality
Your Dream Home. Our Expertise.
Finally, a mortgage lender that works for You

Drought, emergency planning


As part of our work on the Water Conservation Committee, Doug Pushard and I have compiled a chronology of the emergency water ordinances the City of Santa Fe has enacted and amended. Emergency water regulations were approved and enforced in 1996 and have been amended several times. Prohibited watering times have changed from 8 a.m.-7 p.m., 10 a.m.-4 p.m. to 10 a.m.-6 p.m. (current ordinance). And surcharge intervals have changed from May-August to April-September (current ordinance). In Ordinance No. 2000-30, the surcharges were actually called drought emergency surcharges, a term not currently used. In some ordinances, it was specified that all officials and employees of the city water utility were vested to enforce the regulations. Penalties and fines were also specified. During the droughts of both 1996 and 2002, the ordinances consisted of four stages. A fifth stage was approved in 2002 but later rescinded. Now we have effectively three stages, including the non-emergency or normal regulations permanently in effect. Not surprisingly, the most precipitous drops in consumption (from 168 to 134 gallons per capita per day, or GPCD, in 1996 and from 139 to 115 in 2002) occurred when mandatory watering restrictions were imposed. Since about 2005, the water-use curve has been relatively flat, with usage going up by one gallon to 105 GPCD in 2011. The next phase of our due diligence will include quantifying the drought conditions of those two summers and comparing the water available (both rainfall totals and surface water stored in reservoirs) then to the same parameters now. What has really changed in the supply-and-demand equation is the citys access to San JuanChama Project water and Rio Grande water via 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 during the summer of 2011, I think it is safe to say

STEPHEN WIMAN

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that Santa Fe residents would have again experienced emergency regulations. Under the currently operative Ordinance No. 2006-53, landscape watering is prohibited from 10 a.m. to 6 p.m. from May 1 to Oct. 31. Odd/even restrictions have been eliminated, but watering a maximum of three times per week is recommended and is probably more than adequate for plants. If you are currently watering on an odd/even schedule, and three times per week, please continue! Watering restrictions were not imposed in 2011 because the ordinance trigger levels (measured in terms of the ratio of supply to unrestricted demand) were not reached. Assuming (hopefully) that there are no catastrophic events, it is highly unlikely that there will be mandatory restrictions this summer, as the ordinance provides only for emergency conditions with Warning - Orange and Crisis - Red implementation stages. Despite our great progress in water conservation, including voluntary usage reduction, we must keep in mind the risks of potential disruptions of our supply through force majeure occurrences including earthquakes and forest fires. Our current emergency water regulations are intended to address catastrophic conditions, but we need to focus our attention on policies that have historically led to the greatest success in reducing water use in Santa Fe during drought conditions. Stephen Wiman has a background in earth science (Ph.D. in geology) and is the owner of Good Water Company and a member of the City of Santa Fes Water Conservation Committee. He may be reached at 505-471-9036 and skwiman@ goodwatercompany.com.

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34 JULY 2012 HOME

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Socialnetworking

Thinking like your customers


Today, your customers are using social networking to find businesses and people they know, like and trust. They want to interact with you and learn more about your services and products. Given the way more and more people use smart phones and tablets to research and connect, they will be searching for you, your brand and company online. The odds are they want to find more than your marketing website. They want to connect with you and have a conversation. When you begin to think like your customers, you will see that doing business today is all about providing information and managing expectations by having conversations. Your customers are online. The missing link is how are you there to help them? Most business people know to never leave home without those business cards. Why? Business cards have always been the tool for networking. You know the story: you are at an event or even in a long line at the supermarket, and you engage in a conversation. If you are in sales, you will offer a business card with the hopes of establishing a future business relationship. At the same time, your competition is also engaging in conversations. The difference is they are using 21st-century socialnetworking tools on sites such as Twitter, Facebook and LinkedIn to put customers first by focusing on building trusting business relationships with them. They are positioning their services, products and company as the logical choice. How? They are having conversations online with their customers. (By the way, they are not tweeting about what they had for lunch.) What are some key tips to use as your building blocks for connecting with your customers? These are important, whether you are just beginning to tweet on Twitter or choosing to expand your social reach on a Facebook business page. Newbies need to focus on building community, while the more savvy social networkers need to build positive engagement. First, it is important to accept this new world of social networking. The

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EMILY MEDVEC

opportunity is to pull in customers by connecting in a two-way conversation. They no longer want to fill out a form on your web site or give you their address to send them a brochure in the mail. Next, focus on providing content and useful information to your target market. Add your social networking address to your website, blog, business card, newsletter and email signature. In other words, integrate your social touch into your marketing. Third, listen to what people are saying about your industry, products or services and join in to their conversations. Being on Twitter, Facebook and LinkedIn is not the same as participating on Twitter, Facebook and LinkedIn. Remember, your current and potential customers want to engage with you. Why? People do business today with people they know, like and trust. How do you trust a website? What kind of customers do you attract with a sign in your retail store window that says 50% Off ? Think about how engaging with your customers can change their perception of your business. Finally, be open to learning about each of these different social-networking channels. It is time start thinking like your customers. Their eyes are on their social screens. If they do not find you there, they will most likely find your competition. Emily Medvec is an associate broker with Santa Fe Properties on a team with Ulla Allyn. Emilys passion is how social networking online changes how we communicate and make decisions in real estate and every other marketplace. Follow her at www.twitter.com/ emilymedvec or call her at 505-660-4541.

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Hours: Monday - Saturday 9:00 a.m. - 5:00 p.m. www.santaferestore.org


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Annual home and garden tours set for July 24, 31


matador outfit that belonged to the famous Spanish bullfighter Manolete is one of the highlights of this years 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 clubs 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, but participants 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 one has 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 Code 10D1XV.) 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 transportation arrangements. All tour proceeds benefit the clubs education, beautification, and conservation projects. These include the courtyard garden at the New Mexico Museum of Art, the ethnobotanical garden at the Museum of Spanish Colonial Art, and a stretch of the Santa Fe River. For more information and reservations, call 984-0022, email terry@westwindtravel.net, or see www. thesantafegardenclub.org.

By Paul Weideman

PHOTOS COURTESY ELVA BUSCH / SANTA FE GARDEN CLUB

Behind Adobe Walls


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YourmoneysWorth

Jumbo mortgage markets coming back


A friend shared with me that he had never dreamed he would be able to own a home on Tano Road with a 30-year, fixedrate loan of $600,000, paying about $3,000 a month for principal and interest. Now he does. Jumbo mortgages have started to make a comeback, with lower rates and higher loan-to-value ratios available. FDIC-insured banks are offering home loans of up to $1.5 million with as little as 20 percent down for creditworthy borrowers with full documented income or assets that can be pledged from financial institutions. Jumbo loans in Santa Fe begin above $417,000 with annual percentage rates (APRs) for adjustable-rate mortgages around the high 2s to 3s. Borrowers should expect 15-year fixed-rate APRs to be in the mid-3s and 30-year fixedrate APRs in the low to mid 4s. Wall Street coined the phrase smart money to describe buyers who buy stocks after significant market corrections. The same has occurred with real estate as the smart money equivalent - the cash buyers - has been purchasing real estate. Now with mortgage rates continuing to drop, mortgage loan applications have increased significantly for home purchases. Smart money also sees the value of borrowing versus paying cash. A home loan near 4 percent after tax equals around 2.875 percent for a 28 percent tax-bracket borrower. MSN Money.com Case Shiller reports the following returns on investment from January 2010 to April 2012: Dow Jones up 20.8 percent, S&P up 1 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 jumbo market, Ann Brunson of Sothebys Real Estate says, Sales are up in this area. In the last six months, 23 homes have sold. In June, 116 are on the market, ranging from small condos to large homes. It is truly still a buyers market. The recovery in 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: It is interesting to note that in the Northwest County (MLS Area 25N) next to but not in Las Campanas, 16 homes have sold in the last six months, ranging in price from $400,000 to $1,550,000. On the average, these homes actually sold for 94 percent of their asking price. This is very good news for our market, as it indicates that sellers are being more realistic with their current listing prices. Less time on the market is a positive sign. Liz Sheffield of Keller Williams adds, If youre looking for value, my research indicates that clearly NOW is the best time EVER to purchase, including in Las Campanas. Coupled with the lowest interest rates in history, the average $/square foot is down 32.6 percent since 2008 and factoring in the recent longterm investment made by [Dallas-based] Cienda Partners, if youre looking for value, this is it.

FRANCIS PHILLIPS

Jumbo buyers are finding home loans to be more attractive and are choosing home loans instead of cash to invest in more securities, add more to retirement, and purchase additional real estate. Francis Phillips (FPhillips@fcbmtg.com) is senior mortgage loan originator with First Choice Loan Services in Santa Fe. He has served as director of business development for national mortgage companies. He and his mortgage partners have funded and built three homes for Santa Fe Habitat for Humanity.

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Santa Fe Water Gardens now on main drag


he 4-foot-diameter silver sphere fountain at the corner of Cerrillos Road and Third Street has caught many a drivers eye in the last few months. Many have stopped by to see whats up at Santa Fe Water Gardens. The Santa Fe company, more than 25 years old, opened at its fourth location in March. The building that was formerly Luis Auto Sales office is newly vibrant with colorful exterior mural work by John Santos. During a recent visit, Santa Fe Water Gardens Eric Gutierrez talked about what a gas it was watching Santos create the artwork using only a spray gun. The colorful Japanese carp known as koi figure prominently into his murals. The business sells the smallest butterfly koi for $50. Prices climb up to a few hundred bucks for one of the really big charlies. Of course, theyre reputed to live more than 200 years, so thats probably a bargain. Longtime Santa Fe Water Gardens customers were used to choosing their koi from the many constructed ponds at the previous location on Agua Fria Street. The fish are kept in containers at the new location, but there are plans to get them 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 ponds in the front, Gutierrez said. We want to do a black fence similar to the one at Santa Fe High School, and also a greenhouse 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 front of the showroom, but Right now its a tight budget. The bread and butter of Santa Fe Water Gardens is building ponds and other water features, and doing maintenance on them, and selling rock fountains. The front lot along Cerrillos is bordered by boulders mossrock from the Las Vegas area. A common, affordable water-garden strategy is to have one of these boulders, which has been converted to a fountain with a drilled aperture, installed in a basin. That can be enhanced with streambed, waterfall, and pond features. The prices for these options range from about $700 to $3,000 and up. Fountains are installed in an underground basin, and you can convert it to rain catchment, connecting to your canales and rainwater storage, Romero said. So instead of sitting stagnant, water is circulating through your water feature. Speaking of stagnation, part of the Santa Fe Water Gardens mission involves water chemistry. Filtration is very important when youre dealing with a captive water supply. It might be moving, recirculating, but if your pumps and filters arent properly sized and maintained, the water can still get funky with nitrates and nitrites and ammonia, the same as an aquarium inside the house, and that can be deadly for your koi. The fountains available at Santa Fe Water Gardens start
38 JULY 2012 HOME

By Paul Weideman

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

If youve been dreaming of creating a watery oasis at home, visit the new business at 1718 Cerrillos Road, or check out www.santafewatergardens.com.

PHOTOS BY PAUL WEIDEMAN

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WaterenergyNexus

Our water security: time to reset bar


Santa Feans have a big reason to be proud. We consume an average of about 105 gallons per capita per day (GPCD), one of the lowest numbers in the country. For comparisons sake, Albuquerque residents use about 169 gallons and folks in Phoenix consume about 185 gallons. We used to be up around 168, but through education, regulations, incentives and participation by everyone, including developers, Santa Fe has lowered its water consumption dramatically. As members of the Santa Fe Water Conservation Committee, Stephen Wiman and I have been giving water conservation presentations in and around Santa Fe. Water conservation and energy conservation have been proven to be much cheaper than finding and developing new sources. Santa Fes longrange projections show we have enough water to cover our needs at present, but that well need additional water in the future. Projections also suggest that if we can reduce our water consumption from to 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 the table for new developments, the citys very successful toilet-retrofit program, active participation by a large percentage of our residents and businesses, and enactment and enforcement of water-conservation regulations. To get to 85 GPCD, the city m ust take additional steps, perhaps including adopting programs that have proven successful in others cities. There are many simple ways to move us in the right direction. We could allow toilet flushing with rainwater or greywater instead of flushing our toilets with drinking water. Many water-wise cities allow this today Austin, Santa Monica, Berkeley, Atlanta, and Albuquerque, to name a few. Flushing toilets is our top indoor water use, estimated to be about 26 percent. Eliminating this crazy use of drinking water costs us no new taxes, provides economic opportunity for green businesses, and would save a tremendous amount of drinking water over time. Second, we could require installation of water-saving irrigation controllers with all permits for new buildings, landscape, or irrigation. These devices automatically stop watering right before, during, or following rain. Many of us have seen sprinklers running right after a rainstorm. Preventing this accidental watering just makes sense, and it only costs a few hundred dollars. Landscape watering is estimated by the city to be about 44 percent of our peak summertime water use. The newer controllers are estimated to save up to 50 percent of our outdoor water usage. They save money whether we live here full-time or part-time; they work on our behalf year-round. Solutions such as these wont have any impact unless the city mandates them. Mandates level the playing field, while at the same time making sure we are doing the right thing for our future and our childrens future. We live in a droughtprone area. We must lead, be pro-active, and not wait to react to a catastrophic

DOUG PUSHARD

situation. There are low-cost solutions for our water needs now and in the future. There are also high-cost solutions. The choice is ours. Doug Pushard, the founder of the website www.HarvestH2o.com, has designed and installed residential rainwater systems for 12 years. A member of Santa Fe Water Conservation Committee and a board member of the American Rainwater Catchment Systems Association, he can be reached at Doug@ HarvestH2o.com.

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PermacultureinPractice

New: Roofwater Calculator!


Our 20-year-old company, Santa Fe Permaculture, recognized a while back that easily accessible satellite imagery would change the land-development industry forever. In response, we created a new company, PermaDesign, to work in conjunction with Santa Fe Permaculture. Both companies will provide the same ecofriendly landscape-design, consultation, and -installation services. Santa Fe Permaculture will continue to be geared toward our local area. The difference will be that our new website, www.permadesign.com, will be able to help anyone in the world with a computer, a landscaping project, and a desire to apply permaculture. One of the most exciting aspects of our new site is our free and easy-to-use Roofwater Calculator available for online use at our PermaDesign website. Heres 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 up at the bottom-left side of your screen. This shows you how much precipitation could be harvested from that surface in an average year. Here in Santa Fe, a 1,000square-foot roof sheds about 7,500 gallons annually. Why not consider turning this resource into healthier edibles, bigger shade trees, and more native plants? Seven-thousand, five-hundred gallons is a whole lot of extra biodiversity and sustainability for your local watershed. Unfortunately, roof runoff is usually considered a waste product in our culture. Ever since reasonably clean groundwater, surface water, and municipal-system water became easily accessible, roofwater as well as runoff from roads, parking lots, and other slopes has been seen as a nuisance to get rid of rather than a resource to collect and redistribute. What is worse is that too often roof runoff results in soil erosion as previously pure stormwater picks up every manner of polluting particulate, which delivers a highly contaminated concoction of mucky gunk downstream. It doesnt have to be like this. Yes, were in a drought. Yes, theres global warming. Yes, our forests are burning up and our small, local farmers sometimes struggle. But now, at least we can easily begin to reverse the trend of wasted runoff because we can better visualize the potential of precipitation and with a few clicks of a mouse act to save and effectively use rainwater. So please mark your calendars. PermaDesigns dotcom is set to launch on Monday, July 9. Try it out, and let us know what you think. Many of you have been important inspirations for us over the years. This new website, we hope, becomes a gift back to you. In addition to the free tool, free short videos, and the free questionnaires that help you ask the right questions for your landscape design projects, we provide a wide variety of consultation options, and wed be happy to help you with your project no matter where you may be. At www.permadesign.com, we will also make the Roofwater Calculator easy to share with your friends from out of

NATE DOWNEY

town, so please do not hesitate to spread the word. Everyone from homeowners, to landscape designers, to real-estate developers is encouraged to explore these new developments in ecological technology. Author of Harvest the Rain (Sunstone Press, 2010), Nate Downey started Santa Fe Permaculture in 1992. He is also the proud spouse of licensed landscape architect, Melissa McDonald, who co-owns both Santa Fe Permaculture, Inc. and PermaDesign, Inc.

Recent Home & Land Sales


Sales data for the period May 19-June 18 from Santa Fe Association of Realtors MLS reports. Not all sales are reported.
Homes $442,000 $495,000 $645,000 $705,000 $810,000 Land $59,000 $128,000 Homes $840,000 $925,000 $1,225,000 $1,470,000 $2,160,000 Land $25,000 $75,000 $132,000 Homes $265,000 $425,000 $452,500 $460,000 $486,000 $570,000 $596,000 $650,000 $715,000 $795,000 $805,000 $1,400,000 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 $415,000 Land $40,000 $65,000

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

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

Homes $76,300 $85,000 $230,000 $265,000 $275,000 $277,000 $285,000 $292,500 $315,000 county Homes $375,000 $573,500 $1,100,000

$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 $1,050,000 Land $130,000

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

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

Land (None) Homes $190,000 $191,500 $218,000 $240,100 $285,000 $379,500 $449,000 $450,000 $515,000 Land (None)

Land (None)

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Dreaming on the River

RESIDENCIA DEL RIO What an incredible 32 acre riverfront property. You can enjoy an early morning stroll along the river or enjoy the colorful sunset from your portal. It has a hacienda style floor plan with adobe walls connecting to an outdoor covered courtyard with room for studio, workshop or whatever you desire. The lovely adobe home with its light filled spaces has a cooks kitchen and 3 baths 2 bedrooms. With 11 acres of irrigation (33 acre feet) this property is ready for gardening or farming. Ideal for horses with the nearby Carson National Forest. Only 60 minutes to Santa Fe. MLS 201100723 32 ACRES $795,000

HIGHWAY 84, AT THE ABIQUIU INN (505) 685-4646


www.abiquiuland.com
* Owner is a Licensed New Mexico Real Estate Broker

HACIENDA ALEGRIA Nestled on a bend of the Chama River, Hacienda Alegria with its stunning views will please the most discerning buyer. Ancient cottonwoods along the river shelter ponds that speak of lazy summer days. This grand 2-story home with a gourmet kitchen and 2 covered portals is ideal for entertaining. There is plenty of room for you and your guests with a 3 bedroom, 3 bath main house, 3 bedroom, 3 bath guesthouse and a caretakers house and barn/garage as well. The irrigated acreage with 24 acre ft. of water has been farmed as an organic farm for the last 6 years with 28.86 acres, has plenty of room for horses and great riding and hiking in the National Forest that borders the property. Come see this magnificent property. MLS 201105380 28.86 ACRES $1,495,000

SUEOS 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 Sueos del Rio one of Abiquius most desirable properties. Possible owner financing. Only 60 minutes to Santa Fe. MLS 201202662 20 ACRES $365,000

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LA BARBARIA CANYON | $1,950,000


more us home sales volume than any national real estate brand
volume shown in billions of dollars leading real estate Companies of the World Coldwell banker re/maX Prudential Century 21 Keller Williams sothebys era realty executives better homes & Gardens real living $250

experience our standard of excellence


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.
*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.

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leading real estate Companies of the World

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Follow us on FaceBook - Facebook.com/SantaFeProperties 1000 Paseo de Peralta Santa Fe, New Mexico 87501 SantaFeProperties.com 505.982.4466 800.374.2931

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, theres a private residence club with style to match the city. a retreat where youll enjoy exclusive privileges from the foremost name in hospitality. a sanctuary where youll feel at home, whenever a desire for renewal draws you back to The City Different. Introducing Fairmont Heritage Place, el Corazon de Santa Fe. Its everything you want in a santa fe getaway home...and more.

a limited number of heritage Place ownerships are now available

Visit us today.
Were just three blocks from the Plaza on the corner of Catron Street and Grant Avenue.

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.

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 Developers 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.