Santa Fe Real Estate Guide March 2013

Santa Fe Real Estate Guide

March 2 013

The residential market • Home electronics

We Know Santa Fe Real Estate VIA DE LOS ROMERO

“A PIECE OF HEAVEN”

A HISTORIC FARM

is how this historic farm property is quite often described. Spanning approximately 45.79 acres of vibrant and varied terrain — irrigated pastures, rocky hills, and an extensive bosque — it includes both sides of the Santa Fe River for nearly a full mile. Extensive water rights make this a true oasis. 3 bedrooms, 3 1/2 baths farmhouse, guest casita and various outbuildings complete the property.

MLS# 201300236 Offered at $4,600,000

CROSSING RANCH

LEAPING POWDER ROAD

THE ULTIMATE FAMILY PLAYGROUND

Covering almost 73 gently rolling acres, this extremely rare equestrian property (less than 15 minutes from downtown) includes stables, a fenced arena, 15 acres of fenced pasture land and access to endless riding trails. At the heart of the estate is an ideally sized, utterly livable residence with 3 bedrooms, 2 baths, and an exceptionally inviting living, dining, and kitchen area. An openair hot tub is nestled among trees between the main residence and the multi-purpose outbuildings — a recreation or guest room with a bath, guest quarters, and a spacious studio and office area flooded with natural light.

MLS# 807211 Offered at $1,900,000

See these and all Santa Fe listings on our website: www.knowingsantafe.com RAY RUSH

Direct 505.984.5117 Mobile 505.577.5117 ray@knowingsantafe.com

TIM VAN CAMP

Direct 505.984.5118 Mobile 505.690.2750 tim@knowingsantafe.com

www.knowingsantafe.com

JOHN RIGATTI

Direct 505.984.5141 Mobile 505.660.3353 jrigatti16@comcast.net 231 Washington Avenue • 505.988.8088

LOCAL EXPERTS WORLDWIDE

Neil D. Lyon, CRB, CRS, GRI 505.954.5505 direct • 505.660.8600 cell • Neil@NeilLyon.com

Vanessa Rios y Valles 505.954.5522 direct • 505.231.3708 cell • Vanessa@NeilLyon.com

neillyon.com TeSUQUe

LA MArIPOSA

18 MereDITH DrIVe Wonderful Northern New Mexicostyle home in Tesuque Village with gorgeous mountain views. On almost 7 acres, the property consists of a 3 bedroom, 3.5 bath main house and a 1 bedroom, 1 bath guest house. Beautiful finishes and wonderful outdoor spaces.

1340 VISTA MOrADA Impeccable residence in La Mariposa.

This lovely 3 bedroom, 2.5 bath home also includes an office and has no interior steps. Fabulous great room and an excellent kitchen with granite countertops, bar seating and a large center island.

1340VistaMorada.com

#201300057 • $1,695,000

SIerrA DeL NOrTe

LOS CAMINITOS 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 caretaker’s house. Beautiful grounds. #201202266 • $2,795,000

1010 MONTe SereNA Lovely 3 bedroom, 3 1/2 bath residence in Sierra del Norte. Enjoy sunset views and Jemez Mountain vistas from the fabulous portal easily accessed from the great room. This is a great house for entertaining and indoor/outdoor living.

4CaminoSabio.com

1010MonteSerena.com

OCASO DeL SOL 705 CAMINO OCASO DeL SOL Landmark adobe compound on almost 20 acres on the Eastside.

Constructed by Doug McDowell, this fabulous property consists of a 3 bedroom, 2 office main house, a 1 bedroom guest house, and a studio.

Dramatic mountain views and gorgeous outdoor spaces. #201204214 • $2,800,000

#201202663 • $769,000

#201203224 • $1,195,000

ArrOYO HONDO 14 MILLerS eND Beautiful custom home on 5 acres in Arroyo Hondo. 5 bedrooms, 2 offices, den, chef’s kitchen and horse facilities. The property benefits from extensive solar electric and geothermal heating systems, resulting in zero utility costs!

705OcasodelSol.com

14Millersend.com

#201204101 • $1,695,000

LA TIerrA

SANGre De CrISTO eSTATeS

22 NOrTH VUeLTA HerrADUrA Breathtaking views of the Sangre de Cristo and Jemez Mountain ranges from this fabulous residence on 11+ acres. 4 bedroom main house, 2 bedroom guest house, studio/office, and horse facilities.

6 SOUTH CAMINO DON CArLOS Beautiful 4 bedroom adobe residence in Sangre de Cristo Estates. Classic finishes, wonderful separation between bedrooms, and Sangre de Cristo views define this wonderful property. Three-car garage. #201204912 • $1,295,000

#201105652 • $1,995,000

22VueltaHerradura.com SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088

417 EAST PALACE AvENuE I 505.982.6207

6CaminoDonCarlos.com

sothebyshomes.com/santafe

Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

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LOCAL EXPERTS WORLDWIDE

We are Las Campanas.

We are Santa Fe.

Call Now for Information About An Extraordinary Collection of New Homesites l SANTA FE Artful Living. An Inspired Community. World-Class Golf, Equestrian, Spa and Tennis.

MARION SKUBI l 505.660.8722 l marion@marionskubi.com JOHNNIE GILLESPIE l 505.690.1909 l johnnie@johnniegillespie.com SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT I 505.988.2533 231 WASHINgTON AvENuE SANTA AvENuE FE BROKERAGE l 326 Grant Avenue l Santa Fe, NM 87501 lI 505.988.8088 505.988.2533 Operated

by Sotheby’ s International Realty,Realty, Inc. Equal Opportunity.

Operated

by Sotheby’ s International Inc. Housing Equal Housing Opportunity.

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417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe

sothebyshomes.com/santafe

LOCAL EXPERTS WORLDWIDE

Outstanding Las Campanas prOperty 87 Calle Ventoso West

$1,880,000

incredible charm, Old World design elegance and gracious comfort are but a few of the words to describe this 5,000+ sq. ft. 3 bedroom, 4 bath home with grand great room, gourmet kitchen, inviting den/library, gentleman’s study, lady’s study, and private sleeping wings. Created by renowned santa Fe designer/builder marsh Homes inc., with two masterful additions by andren-Keegan & associates, no attention to detail has been overlooked in creating an exceptional easy flow floor plan with magnificently captured sangre de Cristo and Jemez mountain views.

Marion Skubi

Johnnie GilleSpie

aBr, CrB, Crs 505.660.8722 marion@marionskubi.com

partner marion skubi group 505.690.1909 johnnie@johnniegillespie.com

aleka Moore

Operations manager marion skubi group 505.954.0732 aleka@marionskubi.com

mariOnsKuBi.COm SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088

417 EAST PALACE AvENuE I 505.982.6207

sothebyshomes.com/santafe

Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

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LOCAL EXPERTS WORLDWIDE

540 EAST ALAMEDA, #D

$1,995,000

Art of LIVING A

truly exceptional home located in the heart of the historic Eastside. Built by the noted builder, Jay Parks, this condominium offers the absolute highest in quality construction and finishes to satisfy even the most demanding buyer! The main living area includes a gracious living room that opens to a spacious private patio that is fully landscaped and includes an outdoor fireplace.

The adjacent kitchen has all the amenities and finishes one would expect in a home of this quality and it also includes a large dining area. There are four bedrooms including a fabulous master suite with a luxurious bath and huge walk-in closet. mls# 201205001

Fine properties to suit your Santa Fe lifestyle

4 AvenidA LA SCALA $695,000 Imaginatively recreated Casas de San Juan condo in a modernist style with huge, oversized windows that capture the Sangre de Cristo views. Main house plus guest casita, and a long covered portal with a fireplace. mls# 201201463

2351 viA CoLibriS $365,000 Outstanding views of the Sandias, Jemez and Rio Grande Valley from this 3.5 acre lot in Hyde Park Estates III. A private and wooded lot with paved roads and a staked out building envelope. 10 minute drive from the Plaza. mls# 201004069

3242 LA PAz LAne $210,000 Very cute 2 bedroom, 2 bath home in Villa de la Paz. A high pitched ceiling in living/dining great room creates a dramatic and light feeling. Nice finishes include tumbled stone counter tiles and nice cabinetry. mls# 201205509

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

Santa Fe Team www.santafeteam.com

Moo Thorpe, 505.780.0310 • Chris Haynes, 505.660.6121 • Jennifer Gallagher, 505.660.8793 SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

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March 2013 HOME

417 EAST PALACE AvENuE I 505.982.6207

sothebyshomes.com/santafe

Santa Fe Real Estate Guide

MARCH 2013

ON THE COVER A barrel-vault ceiling brightens this new kitchen on East Alameda Street.

Please see Inside Adobe Walls, Page 36, for more about this property on the market.

sfnmhome.com

VOLUME 15, ISSUE 12

features 17

Electronics for the home

32

The market is accelerating

PHOTOGRAPH

36

Inside Adobe Walls

COVER DESIGN

42

Firm wins houzz.com award

Jane Phillips

Deborah Villa

STAFF OWNER:

Robin Martin PUBLISHER:

Ginny Sohn

columns 18

Oakley’s Out & About

Paul Weideman

21

Mortgage Matters

DIRECTOR OF ADVERTISING:

21

Santa Fe in Bloom

22

Authentically Designed

35

Social Networking

35

Your Money’s Worth

39

Permaculture in Practice

39

Our Water Quality

40

News from SFAR

40

Water Energy Nexus

43

Title News

EDITOR:

Tamara Hand

ADVERTISING SALES:

Wendy Ortega

EDITORIAL OFFICES:

202 E. Marcy St. Santa Fe, NM 87501 PHONE: (505) 983-3303 FAX: (505) 984-1785 E-MAIL: REGUIDE@

SFNEWMEXICAN.COM

Home|Santa Fe Real Estate Guide (sfnmhome.com) is published on the first Sunday of each month.

For subscription information, call The Santa Fe New Mexican at 986-3010 or 1-800-873-3372.

This publication is designed to provide accurate and authoritative information. This information should not, however, be construed as a recommendation for any course of action regarding financial, legal, or accounting matters.

data track 22

Recent home/land sales

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Building permits H OME

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LOCAL EXPERTS WORLDWIDE

CharM oF Chupadero

re-iMagined on don gaSpar

northWeSt eleganCe

liFe in an eaStSide garden

Just 20 minutes from downtown, this delightful 3BR, 2.5BA, 2,177 sq ft home offers essential Northern NM living in a pastoral setting. The main level features a 2-story living room with beamed ceiling, lightinfused den, large kitchen and dining room opening to deck and garden. The 3 bedrooms are up, down is the family room and a darkroom. Plus 2-car garage and acequia rights. MLS 201300432

Be charmed. United into a 2,679 sq ft single family home with 3BR, 3BA, the living, dining and sunrooms flow together with ease, overlooking the enclosed entry courtyard. Two wings, one with 3 living areas, 2BR, 2BA and remodeled kitchen; the other a full guest suite living/dining and 2nd floor sleeping room that could be a home office or independent living, create unique opportunities for in-town living. MLS 201300328

Private and serene, wrapped in landscaped courtyards and deep portales, this elegant one-level 3,174 sq ft, 3BR, 3BA, Santa Fe-style residence in gated Colinas Verdes is captivating. With views to the Jemez, it includes a grand living room with Anasazi-style stackstone fireplace, formal dining, gourmet kitchen, inviting master, home office, lustrous plastered surfaces and 3-car garage. MLS 201201865

Authentic and exquisite house and guest house: 2BR, 2BA, 2,240 sq ft mostly adobe main residence circa 1920+ with formal living room, dining room and kitchen overlooking lush gardens updated with care and graced with a handsome master suite, 4 fireplaces, alcoves and nichos plus a free-standing 1BR, 1BA, 1,247 sq ft guest house with kiva circa 2005 in an incomparable setting. MLS 201202834

oFFered at $335,000

Offered at $549,000

Offered at $819,000

oFFered at $1,625,000

hoMe teaM daV i d ro S e n :

505•470•9383

S a n ta F e C h r i S to p h e r ro C C a : 505•490•2999

Visit our portfolio of outstanding homes & homeSites at

www.HomeTeamSantaFe.com

www.ThinkSantaFe.com NEW PRICE

18 Cerro BlanCo road $150,000 Forever, big sky views of the Cerrillos Hills, Sandia and Ortiz Mountain ranges on this desirable five acre parcel in the Spirit Wind Subdivision. Flat building site on paved road with utilities and septic tank already in place. Two horses allowed, sunrise and sunset views, El Dorado community school district, close to restaurants and the Agora Shopping Center, and 20 minutes to the Santa Fe Plaza. mls# 201300149

3 Seton CaStle trail $235,000 Build a large home with mountain views and use this casita as a guesthouse. Sited on 1.23 acres that slope gently toward the northwest, this small home with separate storage unit near Seton Castle is designed for maximum efficiency and clean, modern appeal. The addition compliments the adobe structure and features flagstone entry, SubZero under-counter units, vintage design stove/oven and more. mls# 201203881

MaryJoy Ford 505.577.0177 maryjoy.ford@sothebyshomes.com SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

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March 2013 HOME

417 EAST PALACE AvENuE I 505.982.6207

sothebyshomes.com/santafe

LOCAL EXPERTS WORLDWIDE MAGICAL SANTA FE Beautiful and luxurious 3,000 sq ft custom home! Surrounded by green hills and blue sky, yet minutes from the Plaza, this lovely 3BR, 3BA property has high ceilings with vigas and beams, hardtroweled plaster, 4 fireplaces, a sumptuous master suite with a luxurious travertine bathroom, and an open plan entertaining kitchen. $895,000 ATTENTION ArTISTS Wonderful full guest house and real artist’s studio built in 2002 accompany this comfortable 3BR house on over 1/3 acre in a close-in, established neighborhood. Intelligent floorplan has master suite on one side of the public areas and two additional bedrooms and bath on the other. Beautiful floors, newly painted. Move right in! $390,000

PALACE AVENUE Michael Mahaffey produced two condos – five years old, absolutely gorgeous finishes. Hardtroweled plaster, brick floors with radiant heat; travertine baths and walk-in closets; kiva fireplaces, bancos and skylights.

Two bedrooms and two baths. $695,000 One bedroom $475,000 CASA SErENA The single-level home and guest house offers a warm ambiance with smooth, plaster walls in every room and an easy floor plan with many custom features including 3 fireplaces, bancos, nichos, handcarved woodwork, many skylights, a gourmet kitchen, and a versatile rear portal. $795,000

NEW LISTING

SINE QUA NON! Architectural Digest-style design and quality join in this historic double adobe hacienda in a rare downtown setting on Old Santa Fe Trail. Rare 4.5 acres with views in the heart of the historic Eastside. Classic Spanish floorplan includes 4-5 bedrooms plus a full guest house. 18th Century doors, 12 fireplaces, pool, and a chapel! $4,850,000

hISTOrIC EASTSIdE COMPOUNd P.L. Travers, author of Mary Poppins, once lived here! 1898 adobe house, guest house and art studio. Off Canyon Road. So special! High old trees. Plenty of parking. Ambiance, charm, character. New wiring, plumbing and unseen necessities—authentic, original interiors! One of a magical kind! $950,000

Ashley Margetson crs, gri

ashley.margetson@ sothebyshomes.com 505.984.5186 cell: 505.920.2300 santaferealestatelady.com ashleymargetson.com

SOLD

120 CANTErA CIrCLE $1,250,000 Oh so rare: a smashing, right-in-town Eastside home with truly spectacular mountain views! Lavish scale, high ceilings and a dramatic southwest aesthetic define this elegant 4,400+ sq. ft. residence. Ensconced in an exclusive gated enclave just north of Canyon Road’s galleries and restaurants, it includes a sumptuous master, handsome library/media room, excellent guest quarters, private office, gym, wine cellar, sun-filled studio/3rd bedroom suite, and 5 fireplaces. Entertain superbly indoors, or under the huge portal and spacious terrace. mls# 201205099

8 CAMINO dELILAh $759,000 With sweeping sunset views, experience warmth and enchantment in this stylish one-level, 3 bedroom 3,337 sq ft hillside home, featuring established gardens, portales, flagstone terraces, sunken hot tub and fenced yard. Southwest flavor abounds, with glowing tile floors, hand-troweled plaster walls, soaring ceilings with vigas throughout, and superb custom lighting. The private master with fireplace will delight, as will the kitchen designed by Jeanne’, huge studio/workshop, separate, spacious office, speaker system, and wonderful view deck. Located just minutes to downtown! mls# 201300080

shane cronenweth 505.577.2000

shanesantafe@gmail.com

ChooseSantaFe.com

Access the entire MLS, Santa Fe Neighborhood Information, and my Exclusive Insider’s Guide.

Offering Personalized, Creative and Effective Service for my Clients.

SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088

417 EAST PALACE AvENuE I 505.982.6207

sothebyshomes.com/santafe

Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

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LOCAL EXPERTS WORLDWIDE

Simplify Your Search • SantaFeBeautifulHomes.com UNDER CONTRACT

2844 Pueblo bonito $249,000 Three BR, 3BA home, 15 minutes from the Plaza, near shopping, public schools, and the SF Community College. This Pueblos del Sol charmer has been refreshed and features a comfortable floor plan with many Pueblo-style accents such as viga and plank ceilings, beautiful Southwest solid wood doors, newly refinished Saltillo tile floors, and a kiva fireplace. mls# 201202330

NEW LISTING

10 Miners trail $675,000 Exceptional adobe home and guest house with that great Santa Fe feel and timeless traditional Pueblo Revival character! The residence features 5 fireplaces, beautiful brick floors, artfully hand-crafted plaster walls, sensuous mud plaster, archetypal vigas, plank & herring-bone ceilings, elegant corbel, beam and coved plaster ceilings. 11 acres, privacy and views. mls# 201300108 10Minerstrail.com

SOLD

23 caMino de las Minas $637,000 End of the Road Fabulous Adobe! On a quiet and private 2.8 acres with lots of trees and vegetation is a classic Santa Fe Pueblo Revival-style adobe home with all the qualities; flagstone, brick, Saltillo, and hardwood floors, plaster walls, wooden lentils, solid wood doors and cabinets, viga with latilla, plank, and cove ceilings. mls# 201204263 23caminodelasMinas.com

322 Magdalena road, #6 $619,000 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

AMAZING VIEWS

680 garcia street $1,800,000 Adobe residence on one acre in the Historic Eastside not far from the Plaza and Museum Hill was originally built in the 1930’s 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

616-b Paseo de la loMa $595,000 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

SantaFeBeautifulHomes.com

Alan and Anne Vorenberg 505.954.5515 888.257.6750 toll Free Alan.Vorenberg@SothebysHomes.com Anne.Vorenberg@SothebysHomes.com SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

March 2013 HOME

100 Mountain toP road $835,000 Extraordinary 9.5 acre property has a captivating feeling from gorgeous rock outcroppings, huge boulders, tall pines, and spectacular panoramic views. Bill Lumpkins designed residence, wonderful studio, and writer’s cabin. High in the hills above Santa Fe with crystal blue skies, awe-inspiring sunand moon-rises, and incomparable starry nights! mls# 201204731 100Mountaintop.com

SOLD

954 cerro de la Paz $3,375,000 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

Serving New Mexico in Business ~ A Family Tradition since 1892

10

12 valencia ranch $749,000 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

417 EAST PALACE AvENuE I 505.982.6207

sothebyshomes.com/santafe

Featured Listings

!

LD

SO

LUNA VISTA

VUELTA VISTOSO

NICE NEW LISTING ON A CORNER LOT decorated with a native landscape front yard. Inviting home with high ceilings, warm wood floors, bedroom separation, 2 full baths & open kitchen make this a splendid & affordable house for the first time home buyer. Direct entry one car garage, Fenced backyard, private side patio off the main living area & street-side on drip system. Convenient location to Southside library, walking trails and park $179,000 MLS# 201300523 Call Beth 505-690-2713

EW

N

New Construction, Upgraded FInishes, Northside Location, EZ Access to Hwy 599.View to the Sangre de Cristo Mountains.

Roseanna Z. Gonzales 505-470-5638

505.988.2806 1-877-98 ADOBE

CALLE ALTAMIRA

SPACIOUS ESTANCIA PRIMERA less than a mile up Artist Rd, just a hop, skip & a jump to Santa Fe National Forest year round recreation! Natural light fills this split level home with 3 very full-size MBD suites complimented by sitting areas, open kitchen & pantry, storage galore, numerous patio areas, mountain & city light views & sense of privacy. MLS# 201201288 $695,000 Call Beth 505-690-2713

www.adoberealtyofsantafe.com

Beth E. Fauré

G

DIN

N PE

Qualifying Broker

!

ICE

PR

505-690-2713

Roseanna Z. Gonzales DON CUBERO AVE

SOUTH CAPITOL Location close to shopping, banking, parks & the plaza. Kitchen opens to living room with kiva fireplace, breakfast area, sunroom & separate dining room. 2 BD, 2 BA with pine & tiled floors, skylights, stone & tiled counter tops, front & back courtyards and a great back yard. $310,000 MLS# 201205375 Call Roseanna 505-470-5638

Broker Associate

CALIENTITO LOOP

HOUGHTON

SPACIOUS 5 BD, 3 BA home. First level private Vacant Lot in South Capitol - a rare find between Don Gaspar & Gildersleeve. City utilities available bdrm & bath; kitchen & large pantry open to great room with gas fireplace. Sangre views. Great to this 50’x125’ buildable lot. Conveniently located utility room. Use west-facing 5th bedroom as to the downtown area. studio, office or library. 2 A/C units, MLS# 201204663, $250,000 security system, double garage & more.

Call Roseanna 505-470-5638 MLS# 201204532, $298,000 Call Roseanna 505-470-5638

505-470-5638 312 Camino Alire Santa Fe, New Mexico 87501

SantaFeAtHome.com

Boutique Service with International Exposure 1110 Old Santa Fe Trail $3,800,000

ONLY ONE LOT LEFT

Elegant Eastside Estate Sophisticated Luxury

15 Callejon Alegre $80,000 View Lot Near Marty Sanchez Golf Course

Caroline D. Russell, CRS SFAR Realtor of the Year 2010 505.699.0909 caroline.russell@sothebyshomes.com SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533

231 WASHINGTON AVENUE I 505.988.8088

Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

417 EAST PALACE AVENUE I 505.982.6207

sothebyshomes.com/santafe H OME

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LOCAL EXPERTS WORLDWIDE

Thank you for the compliment of your business over the years.

SUCCESSFUL SALES HigHLigHtS OF 2012 526A Del Norte Lane 1067 Bishops Lodge Quail Run, Unit 311 Quail Run, Unit 115 MAUREEN MESTAS 505.310.1050 maureen.mestas@sothebyshomes.com

$390,000 $884,250 $290,000 $292,500

Quail Run, Unit 508 1 Calle Vecinos 20C Cloud March Springer Square

$490,000 $540,000 $760,000 $2,260,000

“Of the thousands of agents I’ve taught across the country, Maureen is definitely in the TOP 5!”

– tom Hayman, Owner/CEO Real Estate Negotiation institute

RANCho dE AbiqUiU $9,450,000 georgia O’Keeffe Country. this elegant, grand hacienda on 263 acres is a piece of history to enjoy as a retreat for daily living or a working ranch. includes a 12,273 sq ft Hacienda, the 2,570 sq ft historical Ruth House, additional guest casitas, plus livestock and equestrian facilities. 1.2 miles of Chama River frontage with abundant water rights. mls# 201300500

PlAzA ColoRAdA $5,650,000 Adjacent to Rancho de Abiquiu, the 5,800 acre Plaza Colorada is magical. A breathtaking, enchanting setting for all you wish to experience in New Mexico living and recreating. the resilient soul of the Plaza Colorada radiates its light across the most dramatic, pristine landscape of Northern New Mexico. the originally recorded Plaza Colorada Land grant first started out as part of one of the largest parcels of land granted in the 1700s. mls# 201300501

1023 CoUNTy RoAd 142 $2,795,000 Northern New Mexico at its finest…this luxury gated compound features 1/3 mile of Chama riverfront, a 5.5 acre vineyard, and 23.26 acres of agricultural water rights. the main house includes a chef’s kitchen, a walk-in wine room, 2,750 sq ft landscaped courtyard, 2,500+ sq ft sandstone portales and patios, 2 art studios, an art gallery, caretaker’s cottage, and 5-car garage. Magnificent views. mls# 201300190

VAlliTo PEAk RANCh $1,495,000 Just 50 minutes from Santa Fe, this exceptional 133+- acre equestrian retreat features a professionally designed custom horse barn and guest residence. A lush treat in the high desert of Northern NM, the Ojo Caliente River flows through the center of the property. the barn includes over 3,000 sq ft with a heated wash room, tack room and high-end construction finishes. mls# 201104190

8 ViA AlCAldE $980,000 Beautiful custom home in San Pedro Creek Estates leaves out no detail. Exceptional 360 degree views. Enjoy the equestrian lifestyle– ride out from the barn to hundreds of open space acres. On a premier 20 acre lot with unobstructed views. Classic Northern New Mexico style with all the modern elements you expect in today’s elegant, luxury home. mls# 201300242

234 AlTERiTA RoAd $395,000 Beautiful 140 acre tract at the end of Alterita Road. Amazing northern views of the Sangre de Cristo Mountain range and expansive views of the galisteo Basin. Ultimate privacy, sculpted rock outcroppings and a feeling of the Old West make this an ideal Santa Fe ranch property. mls# 201001767

SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

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417 EAST PALACE AvENuE I 505.982.6207

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34 Vista Tesuque

Cleanly contemporary and beautifully sited to take advantage of the breathtaking forever views. Nestled in the foothills of the Sangre de Cristo Mountains on a spectacular 7 acre view lot, this 4 bedroom, 3.5 bath home is an amazing value.

ROXANNE APPLE 505.660.5998

Offered at $975,000

SantaFeCalling.com

SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088

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15 Backroad, Madrid, NM $699,000 If you’ve always dreamed of living in a wonderful old church, this is your opportunity to own one of the most unique properties in Northern New Mexico. mls# 201204903

751 caNada aNcha $898,000 Adobe masterpiece! By Doug McDowell, with spectacular views, this 2,700 sq ft, two master suite home with spacious office/third bedroom and 2.5 bath is loaded with Santa Fe style. #201300085

a realtor since 1992 and consistently in the top 5% of Brokers in santa Fe. aggressive, intelligent, Ethical.

RECENTLY SOLD PROPERTIES

Born in Pueblo, CO, Bob has a BA in Mathematics and Philosophy earned while a Benedictine monk, an MA in Art from the U of Northern Colorado, and a Doctorate in Art Education from Arizona State U. He has been a professor at the U of Northern Colorado, Ohio State U, U of Arizona, and Boston U (where he was Director of the Program in Artisanry). He has been president of the San Antonio Art Institute and the Museum of New Mexico Foundation. He is an exhibiting artist of his wood sculptures of churches of New Mexico and from around the world.

144 Gonzales road, #4 610 camino santa ana 3600 cerrillos road, 401B 913-915 don Gaspar 24 sky island lot 144 cerrito de Baca

BoB (roBErto) cardiNalE 505.577.8418 bob.cardinale@sothebyshomes.com

EG

Emily Ivette Garcia

Distinctive Santa Fe 303 cadiz $1,200,000

8 First strEEt, cErrillos, NM $699,000 Incredible double adobe with guest house, originally built in 1886, has been a saloon, dance hall, and movie theater. Now a beautifully renovated 4BR, 3BA luxury house and professional gallery/studio. mls# 201204967

$559,000 $399,000 $99,000 $498,500 $159,000 $375,000

I’ve sold almost all of my listings and if you’re really ready to sell your property, please contact me.

Excellence, with a touch of grace...

CRS, Real Estate Broker

b New Properties c

Contemporary Northside 229 camino del Norte $1,000,000

Rancho Viejo Estate 26 Withers Peak $675,000

Sangre Views & Comfort 307 Vistoso Place $650,000

Eastside Adobe & Studio

Ojo Caliente Farmhouse

House & GH Walking Distance

Serenity in Ramah, NM

816 old santa Fe trail $350,000

34973 highway 285 $275,000

b Exceptional homes c

Prestigious Territorial 1021 Mansion ridge $1,200,000

Artistic Pueblo with Views 86B arroyo hondo $1,075,000

Gourmet Condos

rancho de san Juan $150,000 & $175,000

Elegant Abiquiu Retreat 10 Petroglyph Place $619,000

Emily Garcia • 505.955.7963 • 505.699.6644 • emily@emilygarcia.com SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

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March 2013 HOME

417 EAST PALACE AvENuE I 505.982.6207

314 artist road, #1 $499,000

7 Blue Jay court $475,000

www.emilygarcia.com

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LOCAL EXPERTS WORLDWIDE

LasColinasSantaFe.com 14 NEW CONSTRUCTION HOMES

Darlene Streit Group

laS colinaS DriVe $699,000 – $945,000 Rare new construction – 14 homes just minutes to the Santa Fe Plaza and Canyon Road. Modern Pueblo-style designs with spectacular views. To be constructed to the highest green building standards with high-end finishes throughout. mls# 201300112 NEW PRICE

520 Del norte lane $449,000 A downtown adobe hidden jewel that has great outdoor areas and space to have that special garden area. This 3 bedroom, 3 bath home has a newer addition that affords you an amazing entertaining area with 3 fireplaces, beam ceilings and wonderful play of light.

2,524 square feet with upstairs views and only minutes to the Plaza. mls# 201204828

NEW LISTING – LAS CAMPANAS

3 aGua Dulce $1,395,000 Very private cul-de-sac location with golf course and fabulous Sangre de Cristo views. Elegant exterior with generous brick portales for outdoor living and entertaining. Richly detailed interior with tile and wood floors, connoisseurs kitchen and laundry with custom wood cabinetry and granite countertops. Luxurious master suite and attached guest suite. mls# 201300165

505.920.8001 dstreit@dstreit.com

santaferealestateproperty.com santaferealestateexpert.com santafeluxuryhomesandland.com

NEW LISTING

1008 calle Dorthia $730,000 Sangre de Cristo home, 4BR, 3BA plus guest house that has an amazing rental history. This home is immaculate with many designer features; slate flooring, shepherd’s fireplace, Viking range, large pantry, hot tub, fountain, rod iron front gates to the entrance, manicured gardens and trees, outbuilding, and an attached 2-car garage with California Closet systems. mls# 201300009

NEW PRICE

7 owl creek $775,000 Endless mountain views from this 2-story home with casita. Bordering the National Forest, this double adobe construction home has natural stone, granite, Saltillo tile and diamond plaster finishes. High ceilings with split cedar herringbone pattern. The living room, study and casita have fireplaces, master suite has a sitting room and large balcony which overlooks La Barbaria Canyon. mls# 201204615

3 Jacinto court $439,000 Amazing view home in Eldorado. This 2,500 sq ft home is located at the end of a private lane all on 1 level with an attached 2-car garage.

Passive solar design offering 3BR, 4BA. Features include a stacked stone fireplace in the living room, kiva fireplace in the study, vigas and beams, radiant heat, flagstone patios, and a large eat-in kitchen. mls# 201202302

SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088

417 EAST PALACE AvENuE I 505.982.6207

173 chiSholm trail $1,332,000 Equestrian property including a 3-stall barn with hay storage in La Tierra Nueva. Perfect 4BR home for family. Part of the barn was converted to a lovely library and guest house. Bordering BLM and National Forest. Minutes to downtown Santa Fe. Exceptional home with a pool and fantastic views. mls# 201202244

sothebyshomes.com/santafe

Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

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well priced office/warehouse Flex commercial building off St. Michael’s Drive.

Plenty of parking space, a loading dock, and fenced storage area. $103 per sq ft! This won’t last long. mls# 201300066 $580,000

612 old sanTa fe Trail, a Historic adobe compound built circa 1910 and remodeled in 2001 by acclaimed architect Eric Enfield.

Exceptionally well-finished and updated commercial or residential condo. mls# 201103212 $795,000

1206 GalisTeo sTreeT Recently updated and well maintained 2 level, 1,937 sq ft home with 3BR and 2BA. The house is situated in South Capital, minutes from everything. mls# 201201696 $399,000

pacheco TrianGle liVe/worK/play Colorful and unique! This impeccably maintained live-work condo is in the Pacheco Triangle neighborhood. C2 zoning allows commercial or residential use. mls# 201200069 $239,000

1918 hopewell sTreeT, a Colorful and unique 3-story, mixed-use opportunity. Commercial or residential zoning. Ground floor commercial offices, upper floor 1BR residential loft. mls# 201201654 $485,000

2508 rosina sTreeT Adobe home in Casa Alegre with 3BR, 2BA, large wood stove, hardwood floors under carpet and a large shed. Fenced for privacy with plenty of parking on a 0.2 acre lot. mls# 201104585 $250,000

Tai BixBy, cciM 505.577.3524 tai.bixby@gmail.com

KNOWLEDGABLE AND EXPERIENCED

1082 Mansion ridGe road $925,000 A wonderful North Hills home offering 3 bedrooms, 4 baths, a grand living/library room, a sunlit kitchen with views of the Sangres, a lovely sunroom overlooking the rose gardens, an office and a laundry/hobby room. This is an immpeccably maintained, charming older home sited perfectly on 3.4+ acres with well cleared out mature trees, special gardens areas, and a delightful tree house. The property is privately gated and includes a separate studio and a 2-car garage. mls# 201300241

3 sTar splash $749,000 Beautiful, like new, soft contemporary Pueblo-style home – shows like a model! Perfectly sited on 1+ acre with Sangre and Jemez Mountain views. Lovely open floor plan with high-end finishes, granite countertops, custom cabinetry, stainless steel appliances.

Charming master bedroom suite with 2 additional bedrooms/ office, high ceilings, views from almost every angle, beam ceilings in living, dining and master bedroom. Landscaping includes gardens and walled courtyards, plus a 4-car garage. mls# 201300475

daVid 505.670.5515 david.sorenson@sothebyshomes.com Bonnie 505.954.0736 bonnie.sorenson@sothebyshomes.com David & Bonnie Sorenson

Our philosophy is simple... we have a dedicated commitment to service

SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity.

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March 2013 HOME

FANTASTIC MOUNTAIN & CITY VIEWS

NEW LISTING – NORTHWEST

NEW LISTING – NORTH HILLS

852 calle daVid $839,000 This is a well thought-out, like-new Las Estrellas, Ridge Canyon contemporary home sited on one of the best view lots in Santa Fe, with up-close, superb views of the beautiful Sangre de Cristo Mountains and Santa Fe city lights. Includes 2,400 sq ft, single level, 3BR, 2 1/2BA, a desirable bedroom separation, the master suite features dual offices, the high-end kitchen is designed for efficiency, an attached oversized 2-car heated garage, and low maintenance landscaping all around. mls# 201205143

santaferealestateToday.com Informative • Comprehensive • Smart

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

417 EAST PALACE AvENuE I 505.982.6207

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Electronics for music, TV, home control

C

By Paul Weideman

onstellation Home Electronics is deep into the latest compact, wireless systems available to control lighting, heating, cooling and security systems in the home. But the company’s showroom on Guadalupe Street also is a destination for all lovers of film, television and music.

When you enter the shop, you’re going to be dazzled by the clarity of the pictures on numerous flat-panel TVs. And check out the gorgeous 802 Diamond speakers by Bowers & Wilkins. At about $15,000, they’re pretty near the top of the field, but Constellation offers a great selection of moderately priced speakers as well.

“There still is a vibrant industry of high-end two-speaker connoisseurs,” said company president Jason Suttle. “It’s a hobby, and others just want a stereo. You’d be surprised how many people come in and spend $300 or so for a pair of speakers and a Sonos [wireless hi-fi] device.”

In one corner of the showroom, fans of vinyl will be rewarded with a splendid selection of LPs courtesy of Dick Rosemont, about whom Suttle said, “I’ve never met anybody who knows as much about music and the history of music.” For 33 1/3 years, Rosemont owned the record store Flat, Black & Circular in East Lansing, Michigan. He is now a Santa Fe resident who keeps Constellation stocked with hundreds of 12-inch licorice gems. (This writer couldn’t resist a couple of 1960s jazz discs by Herbie Mann and Ornette Coleman.)

A fancier annex of the showroom is the home-theater model featuring the new, ultra-high-resolution Sony 4K projector. “If you wanted to do a luxury dedicated media room like this with a 7.1-channel Bowers & Wilkins surround-sound speaker package, the five subwoofers, the 4K projector and the motorized screen, you’re into six figures,” Suttle said. “But you can have a wonderful home theater for $10,000 or so.”

Constellation does equal parts basic service and system upgrades, such as the flat-panel televisions, wiring for high definition and wiring for networking.

“The custom electronics guys, entertainment systems providers, have been around for decades, but now the role is morphing from entertainment into computer networking. In order to do what we do and make it work well, the client needs a robust and reliable home network.

“We’ve always had a strong service/install component that’s based around retrofit wiring,” he said. “I had a lot of experience in that as an installer more than 20 years ago in Austin. When I came to Santa Fe it became more challenging, because of a lot of solid walls — not just adobe but ICF [insulated concrete forms] — and the lack of attic and basement spaces, but it can be done. Yes, it requires patching and painting in many cases, but in the end you can’t tell the wall was touched.”

Suttle said Constellation’s networks offer uninterrupted streaming video even if you’re walking through the house.

Again, this technology is a bit more challenging in the

The showroom at Constellation Home Electronics

Right, a Crestron-equipped iPad permits the homeowner to control electric window shades and other automatic functions in the home

“Santa Fe Style” house because of the thick, solid walls and the metal lath used in wall plastering.

Half of the company’s business is pushing the tech envelope with things such as motorized window treatments, energy management and control, centralized dimming and lighting control, and property-monitoring technology.

Internet control is a necessary element of such systems.

It allows the homeowner, from anywhere in the world, to open and close doors for people, to arm and disarm the security system, and to turn on climate controls to prepare the house for the owner’s arrival.

Temperature sensors around the house, tied into a hightech thermostat, permit fine control of the environment, and energy management. The owner equipped with an iPad with Crestron software has the house controls in hand.

“Efficient control of your lighting, heating and cooling is now expected in high-end properties,” Suttle said.

“There can be more than a hundred light circuits in even a medium-size home and when you’re going to retire you

have to make this tour to turn things off. With a system like this, you can press a ‘Good Night’ button at your bedside and it turns the lights and TV or speakers off, maybe lowers the blinds, and sets the security system for nighttime mode.

“When you’re leaving, you set the control to the ‘away’ state and it shuts down unnecessary things, lowers the heating and cooling requirement, and programs the lights to mimic the way you typically use the lights, randomizing your use over a few weeks.”

“Today people are getting closer to wanting to watch television, check their e-mail, do Facebook, research a recipe, and shop on Amazon, all from their couch and using one device. Productivity and entertainment are blurring.”

The Constellation Home Electronics design showroom is located at 215 N. Guadalupe Street; the company’s service building is right across the street. The website is www. constellationsantafe.com, or call 983-9988.

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OutandAbout

More (belated) Valentine’s couples, and news about two single Realtors

Chris and Patti Webster at home in Hawaii

Paula (pretty in orange) and Tim (great in black) Galvin

Dave and Bonnie Sorenson at the office

DorLisa and Warren Berg (at Warren’s favorite event, Santa Fe Concorso) 18

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Roger and Melissa Carson, still fresh and pretty after a day’s worth of closings

David and Clara Dougherty, glammed up for a night at THE opera house in Italy

Linda Bissonnette with her best friend, Mickey

Chris Harris, better known as, simply, The Commander.

Sounds more ominous than he looks, don’t you agree?

Darlings, In my Valentine Special last month, I was able to include only a few photographs of Santa Fe’s real-estate couples (Who knew there would be so many?) and that kind of made me feel bad. Well, I didn’t exactly lose sleep over it, but I was afraid that you, my darling readers, might have, and then that thought started causing me to lose sleep.

Sometimes, Buttercups, I just hate myself for being such a people pleaser. At any rate, I’m slipping in a few more photos, and I bet I still won’t be able to include all of them. How long must this go on, you ask. Quien sabe, muchachos (as well as muchachas).

If you study the photos long enough, you’ll notice a couple of single Realtors thrown in (to see if you’re paying attention, which I am not today, so I can’t blame you if your thoughts are turning to the spring equinox coming up). Yes, Virginia, single Realtors still dominate the real-estate market, and new ones appear on a regular basis. Just recently, Linda Bissonnette joined Keller Williams Realty Santa Fe. Lemon Drops, you may think of Linda as the innkeeper at Lavender Sunsets, those sweet little vacation rentals on Gomez Road. However, as Paul Harvey would’ve hinted, that’s only part of the story. Linda was a Realtor with the Prudential Santa Fe office back in the Mike Hall Prudential days, but she dropped that to take what seemed at the time to be a more exciting offer: hairdresser on a movie set for a film scheduled to be made in Austin. She relocated to Austin, and after settling in, she learned one of those harsh Hollywood lessons: the movie never made it off the drawing board.

Scissors in hand, Linda moved back to Santa Fe and began cutting and styling hair here, which turned out to be a lucky break for me (finally, Butter Beans, we get back to ME).

Twenty years ago, while at a party at someone’s house somewhere on the northside, I ran into this woman in the hallway who said

O A K LEY TA LB O TT

to me, “That’s a terrible hairstyle for you. You need help, and let’s start with a new cut. I’m Linda, call me.” I did, and she was right, of course. Pobrecita, she got stuck with cutting my hair from then on, no matter what other career she was pursuing at the time. Now that she’s a Realtor once again, I suppose I’ll be forced to make other arrangements. Boohoo.

Another new face on the real-estate scene is Chris Harris at Barker Realty. Officially retired from the U.S. Navy this month, Commander Harris (or, just simply Commander, as he is affectionately known around the Barker office) was on the USS Porter, a guided missile destroyer, and spent seven months off the coast of Somalia scaring the pants off those Somali pirates. Of course, Kittens, in a 25-year career, Chris did much more than that, but it’s a useful reference point to strike up a conversation when you run into him at an MLS meeting.

When David Barker welcomed Chris into the Barker fold, it was a nostalgic moment for David, because he couldn’t help but think how Chris’ life reminded him of his own father’s life. In 1964, Commander Laughlin Barker retired from the Navy and returned to his hometown of Santa Fe to begin his next career, with his family of six children in tow. Commander Harris, at the time of his retirement from the Navy and his move to Santa Fe to begin his new career, has a family of eight children. Oh, those Navy boys. I wonder, Cream Puffs, was it something in the water?

More pictures and fewer words, that’s my goal this month, which leads me to say, So long, Sweetpeas. Until next time… Oakley Oakley can be reached at merrilypierson@ me.com

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spring is in the air...

One of the oldest homes in Santa Fe, a delightful retreat in the heart of the city. MLS #201204288 $1,695,000

Exquisite historic cottage with guest house and stunning gardens within walking distance of the Plaza. $1,275,000

T E L : 5 0 5 . 9 8 9. 7 7 4 1 • D E TA I L S AVA I L A B L E AT A

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w w w. d r e s f. c o m

F u l l

S e r v i c e

R e a l

•

expect more.

E s t a t e

B r o k e r a g e

MortgageMatters

Thank your loan processor Most homeowners, after their closing, agree that the most important ally a borrower has in the loan finance journey is the loan processor. Making friends with the processor is definitely the way to go. It will pay dividends in more ways than one.

Get to know the processor and visit with her or him often.

It is an understatement to say that paperwork has increased in the mortgage world. There are more requirements all the time. Fannie Mae continues to pressure lenders with new requirements. Who handles this increased paperwork? Who handles surprise requests at closing? Who is in the hot seat from beginning to end?

Yep, it is the loan processor.

The processors are the glue that hold mortgage companies together. They are responsible for most of the interaction and struggle with the underwriters. Because they are such an integral part of the

transaction, they have become even more valuable then your favorite loan officer.

Be smart: check with the processor about your paperwork, appraisal and final approval. This will help get your loan closed in 30 days instead of three months.

Smart Realtors have also learned to communicate with the processors. Asking a qualified loan processor for the status on a home purchase is the most accurate method of determining the loan approval timeline.

Loan officers are often too busy. They are required to take good care of your loan by locking your rate at the optimal moment and working directly with the borrower to initiate the process and collect all necessary paperwork. But in all honesty, besides managing your loan, the loan officer is responsible for business development and has to be out of the office to do this well. So, as I said before,

when the loan originator is visiting with Realtors, it is the processor who must call asking for more documentation. It can be a lonely and thankless job.

Why would anyone want to educate themselves so that they can talk to and understand the all-powerful underwriters? Why do they want to work in an environment that is stressful and often unappreciative? The simple answer is that they like helping people realize their greatest dream of home ownership. Great processors are hard to find and when you work with one, you will know it. Because I am the author of this tribute to loan processors, I am taking the liberty to say that I have the best. Without hard-working processors, any success in closing loans would be extremely difficult. When they say, “Jump, Jim,” I say “How high?”

So, the next time you have an opportunity to work with a processor who is

JIM G AY

going the distance to get your loan closed with the least amount of irritation, say “Thank you” and “Good job.” He or she deserves it.

Jim Gay was a real-estate broker for 20 years and has been a consultant to Fortune 500 companies. He is currently a broker/owner with Home Buyers Mortgage (986-9080) and can be reached at jim@ jimgayhomemortgage.com

SantaFeinBloom

Designing with flower mania can create anything they want. Floral artists will use any part of any plant to create tactile living works of art so beautiful, it’s hard to resist touching or smelling them.

But beware, the flowers are often dried, leaving little or no scent.

Marie Coburn, a floral artist living in Dixon, has been creating works of botanical beauty for over 20 years. Originally from California, Coburn turned her passion for collecting unusual plant matter on her trips into a lucrative business when she moved to New Mexico in 1989. A selfproclaimed hunter and gatherer, Dixon likes to bring her finds home, dump them on the floor and let the flowers guide her creatively. Her floral arts journey began when she decided to make her “mania” for flowers a business, aptly

Courtesy Joe Ciaglia

It is a well-known fact that many artists and photographers come to Northern New Mexico for inspiration. The endless landscapes and bountiful elements of nature are enough to provide any painter or sculptor with plenty of creative fuel.

But recording this native beauty doesn’t always just end up on a canvas. There is another medium regaining momentum where nature literally gets picked and arranged in a real, live creation.

Known as botanical art, this art form is fast becoming popular with those interested in the beauty of our environment. Botanical art has been around since the earliest civilizations where it was used primarily to identify and illustrate the findings of plant biologists for study.

Botanical art’s concentration has mostly involved the sketching and painting of plants, but there is a spinoff to the genre that goes one step further — incorporating actual organic materials into the pieces, a process called floral art.

Floral art may sound like a fancy form of floral design, and in a way it is. However, floral artists aren’t limited in their matter or design structures; in fact, they

calling it Floramania. She describes it as “where the garden and the imagination meet.”

While she loves finding plants in the wild, she started a garden on her threeacre property where she grows statice, hollyhocks, zinnias, marigolds, strawflower, native grasses, xeranthemum, and amaranthus, to name a few.

An avid traveler, she found inspiration in New Orleans, Bolivia and Columbia, where she fell in love with masks and now produces an eclectic assortment, from Venetian-inspired to tribal carnivalthemed. And she doesn’t stop there.

Saints, animals and cultural icons all hang on the walls of her studio, with an 8-foot sculpture of Our Lady of Guadalupe in the center.

Her newest endeavor is creating encaustic pieces, a process which involves hot beeswax over pressed floral material.

She likens these to watercolor paintings filled with real elements of nature.

Her studio is a part of the annual Dixon Arts Tour, and is hard to miss, with a lifesize mannequin dressed in a chic floral ensemble greeting you on the front porch.

C A R O LE LA N G R A LL

Her work can also be found at the Santa Fe Farmers Market, where she has sold her famous wreaths and fans for the past 14 years.

Coburn is available by appointment only, and can be reached at 505.579.4635.

Carole has been in the floriculture industry for over 23 years, from wholesale and retail sales to public outreach and events planning. She is a Master Gardener and is an advocate, lecturer and supporter of New Mexico’s sustainable, local flower farms.

Her floral design studio, “A Garden of Earthly Delights,” has two locations: Santa Fe and Baltimore. She can be reached at 443.257.8833.

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Authenticallydesigned

A sense of place Have you ever noticed that you gravitate to a certain spot in your or someone else’s home or office, but cannot put your finger on why? We all need at least one of those spaces where we can completely unwind, be in the moment, or get into our flow. One of the jobs of an interior designer is to determine how one will likely use a space, and help make that experience optimal.

There are a myriad of components that contribute to the comfort and contentment one feels in a space; they include lighting, seat comfort, and views. Yet other considerations are subjectivity to noise or other distractions, and accessibility to electrical outlets and other elements that support time spent in the space. While many of these things seem obvious, it can still be a lot to consider when determining how a space will look best, while ensuring that it will function well. Drawing from numerous consultations in which clients are not content with the way they feel in a given space, the most common areas for improvement are orientation, lighting and accoutrement.

Orientation is at the top of the list of

what makes one comfortable aside from seating. It takes some analysis to understand what is the best positioning for each person depending on the desired outcome — productivity, relaxation or engagement with those around them. Are you left- or right-handed and therefore more comfortable with things and a viewpoint accessed from one or the other? What is your optimal view: out a window, or perhaps into adjacent rooms to observe activities and participate with others?

Do you prefer a more open space or to

be “nooked” into a space, facing a wall or a corner, or even surrounded by buffers such as a tall piece of furniture or plants to alleviate distractions? We also empha-

size the importance of what you will see from your vantage point and making it harmonious, be it a well-executed landscape, a compelling composition of art and furnishings, or the view into the next room. In an ideal world, several vantage points can be enjoyed at once, for example window, fireplace, television, or a piece of art.

Lighting is an obvious factor to the usability of any space. For ultimate comfort, you will want to have necessary task-light for reading, writing, craft, etc., balanced with additional ambient lighting for mood.

Ambient light can be achieved with art lighting or spotlighting, dimmable overhead lighting, and well-distributed table lamps and standing lamps. The presence of natural light is, of course, favorable, as it is pure and feeds the soul. The ability to adjust the light to suit your mood or needs through window coverings and dimmers is an added benefit.

When we settle into our favorite spot, we want to be able to truly settle in with all of the essentials. Having a throw for warmth, adequate surface space for a bev-

Recent Home & Land Sales Homes $555,000

Sales data for the period Jan. 19-Feb. 18 from Santa Fe Association of Realtors MLS reports. Not all sales are reported.

Homes $55,000 $143,000 $150,000 $165,000 $167,000

$175,000 $176,000 $177,000 $179,500 $182,000 $185,000

$185,000 $189,000 $195,000 $195,000 $196,272 $197,500

Homes $147,900 $218,000 $220,000

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Homes $430,000

$203,900 $205,000 $212,500 $216,000 $221,000 $235,000

$253,118 $305,000 $320,000 $365,000

$237,000 $263,685 $278,500 $297,400 $380,000 $520,000

$425,000 $475,000 $585,000

Land $65,000 $79,000

Land $300,000

$558,060 $873,500

Land $275,000

$79,000 $125,000

Homes $200,000 $210,000 $225,000 $304,000

S T E FFAN Y H O LLI N G S WO RT H

erage, book or technological device, and suitable storage for access to periodicals or hobby paraphernalia helps make down time or productive time that much more effective.

Yes, much of what interior designers do has to do with aesthetics, but equally as important is the well-being of our clients.

After all, investing in beautiful finishes and furnishings has little impact if the day-to-day experience of the space as a whole is not nurturing and joyful.

Heather Van Luchene, ASID, and Steffany Hollingsworth, ASID, are partners in HVL Interiors LLC, an interior design firm offering professional residential and hospitality design services. Both are New Mexico-licensed interior designers. They can be reached at (505) 983-3601 or info@ hvlinteriors.com.

Homes $96,300 $205,000 $225,000 $433,000

Homes $50,000 $69,900 $75,000 $108,600 $233,000 $245,000

$311,000 $348,000 Land (None)

county

Land $97,300 $100,000 Homes $230,000 $290,500

H E AT H E R VAN LU CH E N E

$305,000 $342,500 $367,000

Land (None)

$525,000 $527,500 $560,000 $576,000 $660,000

$245,000 $280,000 $325,000 $405,000 $485,000 $545,000 $699,000

Homes $354,250 $379,000 $387,500 $396,000 $414,500 $549,000

$850,000 $925,000 Land $152,500

$750,000 $1,093,508 $1,475,000 $1,900,000 Land (None)

$585,000 $630,000 Land $80,000 $153,500 $175,000

SANTA FE

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PROPERTIES SantaFeProperties.com

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Laurie Farber-Condon Look For My Extensive Selection Of Homesites Priced from $75,000 to $599,000

ASPEN SANTA FE BALLET

Click “Search Homes or Land” for current sales data posted monthly

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See Santa Fe thru eyes that know it well. . . Laurie Farber-Condon – 26 years selling real estate in Santa Fe - Contact me to receive customized listing updates via email for any area(s) in Santa Fe PRICE REDUCTION!

183 HEADQUARTERS TRAIL

505.412.9912

lfarber@santafeproperties.com HOUSE PLUS LOT NEXT DOOR

149 CALLE VENTOSO EAST - LOT 893 & 892

FAIRWAY HOME - BIG WESTERN VIEWS

7 STORMVIEW LANE

Georgeous traditional adobe and frame home sprawled on a mountaintop with amazing views and a garden. 21.55 acres. Horses welcome in this gated community. Pool and orchard. www.LasCampanasExperts.com MLS #201300045 $1,600,000

Outstanding western views. Pumice construction, new stucco. Fabulous open gourmet kitchen/family room. Three bedrooms plus office. www.LasCampanasExperts.com MLS #201202564 $945,000

Come into timeless elegance and a home where each detail was chosen for a spectacular ownership experience. Large scale rooms with wonderful flow to bountiful outdoor portals. www.LasCampanasExperts.com $1,799,000

ADOBE JEWEL BOX IN LAS CAMPANAS

EASY BUILD LOT WITH FANTASTIC VIEWS!

ZUNI CASITA

17 PLAZA DEL CORAZON

31 LA TIERRA NUEVA

23 PLAZA DEL CORAZON

An adobe jewel box, flagstone floors, plastered interior walls, four kiva fireplaces, beautiful ceiling treatments in every room and the magical location overlooking the lake and the two finishing holes www.LasCampanasExperts.com MLS #201300262 $650,000

Strikingly beautiful 10.59 acre homesite with incredible views. Lot 31 on Chisholm Trail in La Tierra Nueva neighborhood. Close to the gatehouse, yet very private.

Guest house and horses allowed. www.LasCampanasExperts.com MLS #201105250 $325,000

With its spectacular view of the two finishing holes, the enormous lake and inspiring sunset mountain views, this end unit Casita has arguably one of the best locations in the Community of Las Campanas. www.LasCampanasExperts.com MLS # 201300021 $750,000

LAS CAMPANAS

IMAGINE YOUR DREAM HOME HERE!

LA MARIPOSA

9 EAST GOLDEN EAGLE, LOT 312

Very special home site in a top quality location purchased by the seller when it was first available on the market at Las Campanas. This 1.7 acre lot has spectacular sunset and mountain views. www.LasCampanasExperts.com MLS #201204915 $365,000

6 HACIENDA VAQUERO-LOT 2

Here is one of the great home sites in Las Campanas, offering commanding Sangre de Cristo Mountain views and an elevated building site above the golf course and water views. www.LasCampanasExperts.com MLS #201202562 $449,000

3165 VISTA SANDIA

Mountain and sunset views to warm your heart and affirm why you love New Mexico. Located in the beautiful neighborhood of La Mariposa, with 360-degree beautiful views of all mountain ranges! www.LasCampanasExperts.com MLS #201202597 $179,000

1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com

SANTA FE

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1000 Paseo de Peralta, Santa Fe, New Mexico 87501 505.982.4466 • 800.374.2931 SantaFeProperties.com

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PROVIDES EXCEPTIONAL SERVICES, DYNAMIC NETWORKING, AND MARKETING PROGRAMS TO MAXIMIZE OPPORTUNITIES FOR SELLERS AND BUYERS OF HIGH-VALUE PROPERTIES

Tom Abrams

920.6402

Andy Ault

670.7911

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Kevin Bobolsky 470.6263

Marilyn Foss

690.5162

231.2500

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Pat Pipkin

470.6953

Deborah Bodelson 660.4442

920.7551

Lynden Galloway

Paul Geoffrey

Efrain Prieto

501.1111

946.0449

Cristina Branco

470.6909

Val Brier

690.0553

Ginny Cerrella

660.8064

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James Congdon

501.1327

490.2800

660.6009

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670.6132

Jan Hamilton 690.8994

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501.0101

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Richard Schoegler

Bob Lee Trujillo

670.1409

490.1718

690.3070

577.5112

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470.0002

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690.1866

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310.4116

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660.5155

470.0639

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660.9151

660.6032

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412.9912

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Stay up-to-date with our local luxury real estate market and our offerings including the finest luxury homes, ranches and compounds available in Santa Fe and Northern New Mexico. “Like” our Facebook page today.

ADOBE HILLTOP ESTATE WITH CAR STORAGE FACILITY

12 LA VEGA • Compound in the heart of the Historic Galisteo Village • Double adobe, La Mancha Restaurant dates back to the 1800’s • Unique compound, private well, immaculate remodel • 2558 sq.ft. studio/media room fantastic for gallery & entertainment • 0.93 acre, 4 br, 4 ba, total 6322 sq.ft.

SantaFeProperties.com/201205400 $1,910,000 Deborah Bodelson 505.660.4442 A LUXURIOUS AND PRIVATE HACIENDA

1204 OJO VERDE • Contemporary home with tremendous city light and mountain views • Fabulous gourmet kitchen with cherry wood cabinetry • Lower level guest suite with private entrance • Grand portals, terraced stone gardens, and breathtaking views • 1.59 acres with 4 br, 5 ba, 5307 sq. ft.

SantaFeProperties.com/201102786 $1,745,000 Matthew Sargent 505.490.1718 SPECTACULAR EASTSIDE ENTERTAINERS COMPOUND

660.5395

David Woodard 920.2000

       LOCAL LUXURY Facebook.com/SantaFeLuxuryHomes

11 TESUQUE RIDGE ROAD • Views of Sangre/Ski Area, Pojoaque Valley and sunsets • A major landmark of classical Pueblo and Territorial style • A magnificent oak floored living room and gourmet kitchen • Almost eleven acres surround this private estate • 3 br, 5 ba, 10.78 acres, 5647 sq.ft.

SantaFeProperties.com/201205619 $2,200,000 Deborah Bodelson 505.660.4442

22 ENTRADA LA CIENEGA • Property includes an 8600 sq. ft. heated car storage facility • Magnificent master suite, office/library, and formal living/dining • 360 degree views of the Sangre, Sandia and Ortiz mountains • Next to the Santa Fe Canyon Ranch and overlooks Las Lagunitas • 3 br, 4 ba, 7410 sq.ft., 19.6 acres SantaFeProperties.com/201204490 $1,700,000 Jim Weyhrauch 505.660.6032 CASA LUNA

183 HEADQUARTERS TRAIL • Luxurious and private adobe hacienda on 21.55 acres • Traditional touches: vigas, latillas, kiva fireplaces • French doors open to expansive portals, pool & hot tub • Large, fenced, irrigated organic garden • 4 br, 4 ba, 3940 sq.ft., 3-car garage SantaFeProperties.com/201100149 $1,600,000 Laurie Farber-Condon 505.412.9912 INNOVATIVE NORTHSIDE CONTEMPORARY

916 OLD SANTA FE TRAIL • Style and feel of an authentic Old World hacienda • Gracious living room, kitchen, dining, gallery/ballroom • Secluded, single-level separate guesthouse with parking • Established inviting landscaping, balconies, courtyards • 5 br, 5 ba, 5794 sq.ft., 0.693 acre.

SantaFeProperties.com/201202950 $1,495,000 Kevin Bobolsky 505.470.6263 $ Marilyn Foss 505.231.2500 WILDERNESS GATE HOME, GUEST HOUSE AND ART STUDIO

INTERNATIONAL LUXURY SantaFeProperties.LuxuryPortfolio.com Through our affiliation with Luxury Portfolio International and LuxuryPortfolio.com, we offer incredible exposure to our buyer and seller clientele. LuxuryPortfolio.com markets 25,000 homes each year with multi-photo slideshows and interactive LuxeTours™ and represents more $1 million properties tan any other luxury network. Our listings on Luxuryportfolio.com are translated to nine languages and 60-plus currencies. A typical visitor to LuxuryPortfolio.com has a household income of $1.32 million, owns a primary home valued at more than $3.8 million and a secondary home valued at more than $5.2 million. 69% plan to make a purchase in the next three years.

1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com

1200 CALLEJON ARIAS • With the most beautiful mountain views • A wealth of classic architectural Pueblo elements throughout • Spacious living room, dining room, gracious kitchen • Includes a one-bedroom, 835 sq.ft. guest house with views • 4 br, 4 ba, 4156 total sq.ft., 2-car garage, 0.97 acre SantaFeProperties.com/201201034 $1,300,000 The Efrain Prieto Group 505.470.6909

1104 MANSION RIDGE ROAD • New price on sophisticated contemporary close to downtown • Attached studio and office for potential add’l 1-2 bedrooms • Flooded with natural light from walls of glass • Sleek gourmet kitchen/dining/living, shaded outdoor living • 3 br, 3 ba, 3342 sq.ft., 3-car garage, 1.79 acres SantaFeProperties.com/201100664 $1,195,000 Gavin Sayers 505.690.3070

2310 WILDERNESS RIDGE • A peaceful private setting in the tall pines and aspens • Home with guest house and studio • City lights and mountain views • Living room, kitchen, formal dining feature hand-hewn beams • 3 br, 3 ba, 4263 sq.ft., 1-car garage, 5.03 acres SantaFeProperties.com/201203641 $1,095,000 Richard Schoegler 505.577.5112

1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com

SANTA FE

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Deborah Bodelson

Associate Broker Cell: 505.660.4442

FaceBook.com/SantaFeProperties

The Bodelson Team

deborah.bodelson@sfprops.com

Take advantage of the low interest rates, buy now!

Women’s Council of REALTORS®-2010 President-Santa Fe Chapter Member - Santa Fe Properties Luxury Market Group

LuxuryPortfolio.com

Cary Spier, CNE Associate Broker Cell: 505.690.2856

cary.spier@sfprops.com

UNDER CONTRACT

Gracious Country Estate

Smashing views, lush landscaping & beautiful gardens. This 5100+ sq.ft. estate has 6 kivas, a guest suite, swimming pool, 6-stall horse facility with turnouts. Chef’s kitchen. MLS #201202604

9B Media Luna

$1,700,000

Sanctuary on Opera Hill

Santa Fe style, views at their best in the community of Casas de San Juan.

Beautiful portal facing the Santa Fe Opera with views to Colorado and a kiva. Main home, guest house and studio apartment. MLS #201202960

9 Camino Del Alba

$1,550,000

LAND OFFERINGS

Las Campanas Golf Course View Lot Las Campanas - This Las Campanas lot overlooks the 17th fairway of the Sunset Golf Course.

It has spectacular 360° mountain views. This is a very buildable 1.6-acre lot.

MLS #706056

5 Calle Arbusto, Lot 23 $150,000

A John Gaw Meem-Inspired Home

At the top of Circle Drive, you will feel on top of the world! Hilltop views of Sangre Mountains and Ski Area, Pojoaque Valley and sunsets to take your breath away. MLS #201205619

11 Tesuque Ridge

Build Your Dream Home on this 5 Acre Lot

$2,200,000

In La Barbaria canyon, this parcel is nestled amongst ponderosa pines with gorgeous canyon views and interesting rock formations. At least 3 possible building sites.

MLS #201203368

Lot 2 La Barbaria Canyon $168,000

Fabulously Romantic

Historic Galisteo Village. This walled acre has 3 unique dwellings. The 1800’s adobe has 3 bedrooms, 2 baths restored, and a spacious guesthouse.

Studio has a chef’s kitchen, theater & bath. MLS #201205400

12 La Vega

$1,910,000

41.5 Spectacular Secluded Acres

Ride into the Sunrise

Located in the prestigious original Cash Ranch. This 41.5 acre lot has more than 12 buildable sites for your home. Mountain views from almost every location the best of the wild west.

MLS #800753

3554 sq.ft. on 5.8 acres with mountain views, 3 beds/3 baths, chef’s kitchen, 5-stall barn, view portals, significant landscaping, 3-car garage and 500 sq. ft. studio/workshop all behind private gates. MLS #201204259

208 Arroyo Hondo Trail

$1,100,000

21 Allucia Lane $175,000

Turnkey Building Opportunity

Historic Frank Applegate Estate

Located in the heart of the Eastside. With a total of 10,019 sq.ft on 1.74 lushly landscaped acres with water rights, 6 bedrooms, 7 baths and a detached fully appointed guest house. MLS #201204218

831 El Caminito

$3,300,000

Historic Witter Bynner Estate

Downtown and on close to one acre, this 8600 sq.ft. home is romantically set behind adobe walls with terraced rock and mature landscaping. Presently functioning as the Inn of the Turquoise Bear B&B. MLS #201203211

342 E. Buena Vista

$2,399,000

1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com

In the gated Summit Ridge, this 1.5 acre lot comes with a full set of working architectural drawings.

Minutes from downtown and the Santa Fe Ski basin.

MLS #201203360

1112 Summit Ridge, Lot 32 $299,000

sAnTA Fe

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Are You Considering Downsizing?

Kevin BoBolsKy

MARilyn Foss

505.470.6263

505.231.2500

RanchnewMex.com

Do Do Do Do

you you you you

want one-level with no stairs? want an energy efficient home? like natural light and native materials? want an easy to maintain home?

santaFeluxuryHomeForsale.com

Las Placitas Compound on Santa Fe’s Eastside offers all of this 610 Garcia - The last one left !

• • • • • • • • • •

LEED Gold Certified home by Doug McDowell One-Level, 3 Bedroom, 3 ½ Bath, 2 car garage 2,907 sq. ft. with radiant heat and air conditioning Fabulous indoor/outdoor living areas Portals and landscaped courtyards Energy saving technologies Universal Design, Healthy and Sustainable Only minutes to Canyon Road and Downtown Price on Request MLS #201204649 Photos are of finished sold homes at Las Placitas

Have you always wanted a Gallery on Canyon Road ?

New Listing 640 Canyon Road # 8

High profile gallery location fronting on the prestigious high traffic area of Canyon Road.

This free standing adobe building has a Geronimo style portal and a sculpture garden.

Inside are numerous rooms, fabulous wall space, viga ceilings, kiva fireplace, wood floors and big display windows. Realize your dream of owning a gallery in this unique Canyon Road live/work/show situation.

Real estate only; Lease Purchase considered Offered for $995,000 216 Washington, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com H OME

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412 Graham Avenue

City LiGhts & MountAin Views!

This gorgeous four-bedroom, four-bath 4300 sq.ft. home, situated on a hilltop lot, has dramatic views of the city lights with the Sangre de Cristo Mountains as the perfect backdrop.

Tucked away on a cul-de-sac, this private home has light and bright living areas with fireplaces, vigas, beams and large windows looking out over beautiful open spaces. Multiple viewing decks provide some of the best vistas in Santa Fe. The master suite is complete with a solarium and large walk-in closet including built-in shelving for extra storage space. The kitchen is centrally-located and convenient to the three-car garage, den and dining area. Downstairs is a bonus room that could be used as another master suite with full bath and walk-in closet or an incredible game room with kitchenette or wet bar Situated on a one-acre lot with numerous outdoor trails and open spaces located near by, this residence is convenient to the Plaza, Railyard areas, schools and parks, with easy access to Los Alamos. 4 Bedroom / 5 Bath / 1.01 Acres #201300184

$869,000

Jim Weyhrauch Associate Broker

Mobile: 505.660.6032 Direct: 505.984.7323 Jim.Weyhrauch@sfprops.com

WEYHRAUCH WRIGHT

&

kate@prusack.com

Annie Veneklasen 505.670.5202

annievk@newmexico.com

7 Two Trails Road Loads of Possibilities!

A great opportunity to buy a 3 br home, with den plus add’l studio/br - enough space to garden, tinker… Priced to allow updating. Convenient to El Gancho, Harry’s, Bobcat Bite. Chicken coop, greenhouse, garden, fruit trees, carport and a large storage/workroom.

$332,000

1713 MontaÑo Intown lots or “to be built” modern passive solar homes, built to qualify for NM sustainable tax credit. Can be sold either way. Lush, secluded yet convenient setting. Homes are 3br, 2ba, 1450 sq ft.,with carport. MLS #201202124 $299,900 Lots are 9000 sq ft and ready to build on, all infrastructure in place. MLS #201300310 $59,900 855 Camino Francisca Lovely soft contemporary

home just minutes from Downtown, privately-sited and offering views of Sun and Moon Mountains and city lights. Elegant and tastefully finished with gorgeous plaster walls, brick floors, large high ceilings, living room with a handsome Rumford style fireplace, a dramatic entry and interesting architectural details.

MLS #201205304

Mobile: 505.819.1774 Direct: 505.984.7332 dansfp@hotmail.com

Marg Veneklasen 505.660.9151

505.670.1409

MLS #201204032

Associate Broker

Team Veneklasen

Kate Prusack

PRICE REDUCED

Dan Wright

$649,000

610 B Canyon Road

Traditional and inviting. Steps from Canyon Road with endless possibilities - gallery, residence, rental, or residence and studio. Quiet and private - integrity preserved. Zoned RC8-AC.

MLS #201300276

$1,000,000

255 Camino de La Sierra

Price reduced!

Just what you’ve been looking for... bright and charming townhome close to the Plaza. This end-unit has been upgraded and boasts a large master bedroom suite, guest bedroom, office and a private courtyard. 2 Br, 2 Ba, 1-car garage, 1700 sq.ft.

MLS #201205041 234 Camino de La Sierra

M arch 2 0 1 3 H O ME

Price reduced!

City, sunset and Sandia/Ortiz mountain views are just icing on the cake for this spacious, light-filled Valle del Sol townhouse. Upstairs master suite, custom Talavera tile accents, and a spacious porch. 3 Br, 2 Ba, 2-car garage, 2,200 sq.ft.

MLS #201005773

1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com 28

$419,000

$525,000

SANTA FE

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LuxuryPortfolio.com

modeL Homes oPeN saturday & suNday 12-3

new Homes in la Pradera subdivison two builders to Choose From

Custom Pueblo-style Home

uPPer Cerro gordo adobe

4 estanCia Court

Great floor plan situated on a 2.55 +/- acre corner lot in La Villa escondida, a community adjacent to Las Campanas. Perfect for indoor and outdoor entertaining with a large wraparound portal and open kitchen/family room. 3BR, 3BA, 2700 sq.ft.

MLS #201205580 $639,500

1661 Cerro gordo

Located off of upper Canyon Road. updated adobe-built beauty with lots of traditions. Situated on a 1+ acre lot with mountain views. Plastered walls, beamed ceilings, marble and hard wood floors, built-in bookcases, sandstone fireplace, kitchen with cherry wood cabinets. Spacious outdoor living areas landscaped with drip irrigation system. Huge portal with outdoor kitchen and fireplace. Comfortable south facing sunroom.

2 car garage/3 carport with large bays for RV storage.

MLS #201205455 $639,500

Community College distriCt City water – 50% oPen sPaCe

LA PRAdeRA

is a newly created nature-conscious and uniquely designed community that cherishes the beauty of nature and protects its fragile resources.

Set in a landscape of juniper studded hills and endless skies. A lovely meadow with native plants and wildflowers. Half of the land is reserved as open space, parks and trails. Come and view nature at its best.

great CommeriCal oPPortunity 716-a nortH riverside drive

Great commercial opportunity in the “Heart of espanola” Commercial district. This property consists of 3 buildings: 3850+/- sq.ft. main building with loft area and all utilities. Garage/warehouse building contains 1584+/- sq ft. 0.7 acre lot. $379,000 MLS #201102299

28 bosqueCillo (Home to be Built)

beautiFully landsCaPed 6952 golden mesa

A beautiful home with an excellent floor plan that includes 3 full baths, 3 bedrooms. Featuring beautifully-landscaped outdoor living areas with drip irrigation system, separate formal living and dining area. Kitchen open to family and breakfast area.

MLS #201300212 $289,500

desert Marigold Floor Plan - 1415 +/- sq.ft., 4 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. 2 Car Garage. Barrel vault entrance into family room opens to kitchen and dining. Master Suite with large closet, full tub and separate shower. 2 Car Garage. Engery Efficient. Front Area Landscaped with drip Irrigation System.

MLS #201205266 $255,000

41 bosqueCillo (Model Home Now Available)

Apache Plume Floor Plan –1308 +/- sq.ft., 3 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. Spacious Family room with raised ceiling. Open kitchen, dining and living area.

Large Master Suite. 2 Car Garage. Energy Efficient. Front Area Landscaped.

MLS #201204152 $239,900

44 bosqueCillo (Model Home Now Available)

desert Marigold Floor Plan - 1415 +/- sq.ft., 4 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. 2 Car Garage. Barrel vault entrance into family room opens to kitchen and dining. Master Suite with large closet, full tub and separate shower. 2 Car Garage. Engery Efficient. Front Area Landscaped with drip Irrigation System.

MLS #201204244 $255,000

investment oPPortunity in esPanola! bond street

Mixed use commercial building contains a medical office, which is approx. 2684 +/- sq.ft. with a 7 year lease in place with 5 remaining (and with increases). In addition, this property offers a 722+/- sq. ft. residential 1 bedroom, 1 bath apartment upstairs. Strong lease history. Call Listing Broker for info. do not disturb tenants, please call for a private showing MLS #201103936 $349,000

SuNFLOWeR MOdeL. Aptly named for its bright, sunny and open design, the Sunflower invites you to enjoy the best possible combination of private space and gathering places, inside and out. The gourmet kitchen serves at the hub of this extraordinary home, with the impressive living room and formal dining room. Two of the bedrooms and the 3 car garage are on one side of the home and the luxurious master suite on the other. (To be built)

beautiFully uPdated 537 onate PlaCe

Great updated 1530 sq.ft. home with oversized 436 sq.ft. garage. Completely walled and fenced yard. Home has some plaster walls and hardwood floors. Totally new kitchen, updated bath, updated windows and roof.

MLS #201200894 $245,000

33 Canto del Pajarito (Model Home Now Available)

evening Primrose Floor Plan – 1522 +/- sq.ft., 3 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. Forced Air heating. Welcoming entrance with gracious curb appeal. Open Floor Plan.

Master Suite separate from guest bedrooms. Front Area Landscaped with drip Irrigation System.

2 Car Garage. Energy Efficient.

MLS #201204246 $259,900

land listings

New Price! 10 FraNcis LaNe

Custom built on large Corner lot 2 Calle amistosa

This custom built home is located on a large corner lot. Open concept living. Wet plastered walls, kiva fireplace, high ceilings, some vigas & beams, tile in living areas and bathrooms.

Granite countertops.

MLS #201204196 $425,000

Beautiful setting in the Pojoaque Valley to build your home. Lot ready for building permit. New 260 foot private well in place. Great restrictive covenants. Includes two (2) acre foot Water Rights. All utilities. Owner/Broker. Call agent for gate code.

MLS #201000073 $149,500

Lot 13 HigH summit - Price cHaNge!

Truly the top lot in The High Summit. 360 degrees of absolutely fabulous views of Santa Fe watershed, city lights of Santa Fe and Los Alamos.

All city utilities. Just minutes to downtown. Owner/ Broker. Call agent for gate code.

MLS #201002339 $489,500

bob lee trujillo Direct: 984-7305 Cell: 470-0002 bltbroker@aol.com

renee brooks Direct: 984-7301 Cell: 470-1681 rccbrooks@gmail.com

1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com H OME

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GiVe Me land lots of land UnderneatH tHe western sKY Fantastic Lots Available in the Summit

Significant Discount Available for Multi Lot Purchase 1297 North Summit, Lot 76 - Nice lot in exclusive gated subdivision off of Hyde Park Road on the way to the Ski Basin.

This easily buildable flat lot is nestled in the pine trees, and is close to the gate house. MLS # 201300340

$100,000

1293 North Summit, Lot 75 - Nice lot in exclusive gated subdivision off of Hyde Park Road on the way to the Ski Basin. This

easily buildable flat lot is nestled in the pine trees, and is close to the gate house. This Seller owns a number of lots in North Summit and is willing to sell them at a discount for a package deal. MLS #201300344 $100,000

Val Brier

1408 Tesuque Creek Drive 82A - Own a lot in the beautiful North Summit for $150,000. This is a once-in-a-lifetime opportunity to build your Mountain dream home in the community of Santa Fe Summit. MLS #201005632 $150,000 1501 Bent Hill 60 - Fabulous value on a fully developed lot in the beautfiul North Summit. Near Ten Thousand Waves, on the way to the ski basin and minutes to downtown. Buildable area avails views of the ski basin. MLS #201005634

$155,000

1109 South Summit Ridge - Great opportunity to own a lot in the Summit! MLS #201205472

$350,000

1237 South Summit, Lot 12 - If you have always wanted to build your house in the mountains this is the lot for you.

Superlative views of Santa Fe Sunsets, city lights and the ski basin. MLS #201202980

$495,000

Upper Canyon Road Lots

505.690.0553

valbrier@comcast.net www.SantaFeSanctuaries.com

1465 Upper Canyon Road - Verdant and luscious building site, recently subdivided .67 acre tract, nestled just above the Santa Fe river on Upper Canyon Road: prime Eastside Location! MLS # 201204149

$695,000

1467 Tr B-1&2 Upper Canyon Road - Lush river valley off of Upper Canyon Rd.with 646 feet of always running section of the Santa Fe River. Nature lovers will be delight in the peaceful and serene feeling of this river-front retreat.

MLS #201202907 $1,575,000

Matthew Sargent CUSToM QUAiL RUN fAiRwAy HoMe

ARTfULLy ReNovATeD iN QUAiL RUN

the Quail Run golf course, this custom built, one-owner Pinon E condominium offers a combination of carefree living, Santa Fe style and mountain views. Other amenities include walled and landscaped front and rear yards.

MLS #201204257 $865,000

course has been transformed into sophisticated and inviting living spaces. The floor plan offers a warm-toned entry with art space, a spacious living room with lofty ceilings, corner fireplace and access to a sunny south-facing patio and lush garden.

MLS #201200462 $615,000

eNeRgy effiCieNT

LoS CAMiNiToS CoNTeMPoRARy

3101 old Pecos Trail, #672 - With a superb setting on the first fairway of 3101 old Pecos Trail 698 - A light-filled Pinon C home on the Quail Run golf

Direct: 984-7393 Cell: 490-1718

mateosargent@earthlink.net www.MatthewSargent.com

4 Senda Mescal - Privately placed on a 2.5 acre view lot, this former 2536 sq. ft. 24 Calle encanto -

Perfectly placed on a very private 5.7 acre lot in Los “Parade of Homes” residence includes state-of-the-art active solar system that provides Caminitos, this home and detached guest house combines style, sophisticated living hot water for all domestic uses, radiant heat. that blends harmoniously with the surrounding desert landscape.

MLS #201103261 $539,000 MLS #201203292 $935,000

1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com 30

March 2013 HOME

SANTA FE

®

PROPERTIES SantaFeProperties.com

Facebook.com/SantaFeProperties

Beautiful Valle Del Sol townhome

266 el Duane

Beautiful home with gorgeous views of all mountain ranges and many decks from which to view them. Close in just minutes to town. Updated, oversized kitchen with newer appliances.

Upstairs master with views. 2200 sq.ft. mlS #201204608 $545,000

LuxuryPortfolio.com

loVely home in priVate compounD

450 camino Don miguel

Absolutely great opportunity to own a lovely home in a private compound just steps from Canyon Road in the Historic Eastside. Wonderful estate-type feel with privacy and solitude. Rare find! 2300 sq.ft., 1/3 acre. mlS #201204607 $599,000

NEW LISTING

aNTIdOTE TO cIvILIzaTION

Linda Murphy 505.780.7711

linda@lindamurphy.com www.lindamurphy.com

faBulouS 10+ acre lot in town!

lacy a Vallecita r-1

Fantastic opportunity to own 10+acres walking distance to town in the Northeast Foothills off Valley Drive. Perfect for private estate or family compound or for development. mlS #201200672 $699,500

aBSolutely magical compounD that will make your heart Sing!

34 Sendero de corazon - One of the finest properties in Santa Fe with perfect

northern New Mexican styling including a three-bedroom, two-bath main house plus two detached, private two-bedroom guesthouses - plus caretakers quarters - all on 40 acres. mlS #201300413 $1,795,000

505.470.6909 mysantaferealestate.com

601 AlTO STREET

Outstanding Santa Fe riverfront tract with established cashflow and remarkable development potential. Three casitas are clustered tightly along alto Street, very cute rentals that total 2138 sq.ft. (heated) each with a private courtyard. Two adjoining lots totaling 12,237 sq.ft. on two levels, with the houses on the higher alto Street level. Lower lot is a flat 7400 sq.ft. coyote fenced open space, perfect for development. zoning is Rac with RM-1 density and a maximum of 70% lot coverage. mls #201203218 $1,050,000

Ed REid

505.577.6259 | ed@edreid.com 1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com H OME

Ma r c h 2 0 1 3 3 1

days on market and percent of asking price moving upward.”

Twelve of the 18 Santa Fe MLS areas saw an increase in sales during the fourth quarter. Local market updates show that homes in the south and northwest areas of the city, and along the Old Las Vegas Highway and in Eldorado “are selling faster than other regions and that the overall stock of housing inventory continues to decrease,” Murphy said.

But sales remained depressed in Glorieta, Pecos, Los Alamos, Pojoaque, Española, La Cienega, and the N.M. 14 corridor, including Los Cerrillos and Madrid.

Home Trends insales, home prices trends sales, prices

250 2012

median price

2010

450

50 2008

650

$525K

“There are a lot of people looking to buy who aren’t interested in the same old same old, so that’s where spec houses may do well now. I think there’s a big need for properties in the $500,000 to $700,000 range.”

Most other market indicators showed improvement over the situation a year ago.

Home sales were up by more than 20 percent, from 1,350 in 2011 to 1,626 last year.

The median home price in the combined city/county area climbed nearly 6 percent from fourth-quarter 2011 to the same period in 2012.

In an early February press release, Santa Fe Association of Realtors president Victoria Murphy said, “Our data shows that housing affordability remains at record highs looking back over the last eight years.

The market remains strong as we head into 2013, with housing data showing fewer

$150K 2006

$900K

2012

2010

2008

2006

median price

50

CITY NORTHEAST

$900K

homes sold

650 450

$525K

250

CITY NORTHWEST

$900K

$150K

650

2012

Drive

St. Francis

2012

2010

2008

2006

homes sold

CITY SOUTHEAST

er Riv Fe a t San

$900K

650 450

$525K

250

CITY SOUTHWEST

$900K

$150K

650

2012

2010

2008

2006

median price

50 2004

450

$525K

homes sold

50 2012

2010

2008

2006

2004

median price

COUNTY SOUTHEAST

homes sold

$900K

650 450

$525K

250

5

I-2

$150K

2011

2009

2007

2005

2003

50

$525K

homes sold

$150K 2012

2010

realtors

2008

of

2006

santa fe association

50 2004

HOME

based on data from the

450 250

median price

Graphs

650

homes sold

2012

$150K

ELDORADO

2010

$900K

250

2008

450

$525K

2006

median price

650

50 2004

COUNTY SOUTHWEST

$900K

median price

homes sold

50 2004

median price

2010

$150K

2008

median price

250

2006

$525K

50 2004

450

$150K

M ar c h 20 1 3

homes sold

250 $150K

250

32

650 450

$525K

COuNTY NORTHWEST

2004

A

dramatic, and long-awaited, reduction in the inventory of available homes is the most important factor coming out of an analysis of Santa Fe’s real-estate market at the end of 2012.

The number of houses on the market was down almost 47 percent, from 2,272 at the end of 2011 to 1,212 in December 2012.

That’s just a 10-month supply of homes, down from nearly a two-year supply a year ago.

“Inventory is down, and I think there are buyers out there with a lot of pent-up energy,” said Meredith Haber of Keller Williams Realty Santa Fe. “I think prices have stablized. Also, inventory is down because people who didn’t have to sell their properties took them off the market until things have improved.

COUNTY NORTH

$900K

2004

Market improves

By Paul Weideman

MaryJoy Ford, Sotheby’s International Realty, released a 2012 Year in Review paper. “During the 4th quarter of 2012, we saw a slight uptick in the market — a trend we hope to see continue throughout the 1st quarter of 2013 and beyond,” she writes.

“Sales prices in all categories averaged 95.63 percent of the asking price during the final quarter of 2012. For sales of homes over $1M the ratio was 92.3 percent.”

Ford’s data shows 231 land sales last year, the highest number since 2008.

Haber said she’s had more activity in the past three months than during the previous year. “I started working as a Realtor in 1993

homes sold

16 %

History, 30-year interest rate

14 12 10

200

8 6

source:

city

santa fe

anD

santa fe county LanD use Departments

and then in 1994 we had a downturn. But it was nothing like we’ve just experienced.”

Does she think Santa Fe may get back to the activity level and home-appreciation rates experienced in the early 2000s? “I think it will take some time, but I’m optimistic that Santa Fe is a really unique market,” Haber responded. “It’s a destination.

It’s a small place and there’s a finite number of properties available. I think we’re going to be OK.” The national recession that began with the subprime mortgage crisis and was worsened with the failures of AIG and Lehman Brothers in September 2008 will likely leave a legacy of caution, even as the economy gets fully back on track. The banks’ reaction toward conservatism will be slow to change, but Haber said that doesn’t mean nobody can get a home loan.

“I’ve had some cash transactions, but I’ve had other clients who have been successful getting mortgages. It is do-able.”

On that legacy factor, David Dougherty, Dougherty Real Estate Co., said the banks will not soon be as “loose” as they were in the mid-2000s. “And you won’t necessarily see the large-scale developments. I don’t think we’ll see another Las Campanas for a long time.”

Dougherty, who has worked in real estate for more than 30 years, started out 2013 feeling on the “warm and fuzzy” side about

what the year will bring, although he said there are still some clouds in the sky.

“My statistics show that last year the average price of a single-family home in the city came down 13.65 percent but the sold volume went up, the implication being that as prices come down there are more buyers.

All that bodes well for home prices because limited supply and increased demand would imply increasing prices,” he said, but added, “I do think the supply of good, nicely maintained homes is shrinking.”

So to that, and to the fact that the supply of homes has finally diminished, will local builders respond? “I would think so, and the lag time is substantial,” Dougherty said.

“Someone wanting to fire up a project right away, it’s going to take six months to a year or more.

“Another important factor is that our feeder markets outside of Santa Fe [including Texas, California, New York, and Illinois] seem to be doing better than we are, so that will mean people coming here with a little more money in their pockets and being able to bid more for a house.”

Dougherty believes the market and appreciation will come back, “but I hope not to what we had in 2005-2007. That was unhealthy.

“The other warm and fuzzy thing of course is the mortgage rates. No matter how you slice and dice it, they’re incredible. You

Data

source:

30-year

mortgage rates

(annual

averages) from

2011

2009

2007

2005

2003

2001

1999

1997

1995

1993

1991

1989

1987

1985

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003 of

4

feDeral Home loan mortgage corporation (freDDie mac)

can get a 15-year mortgage now, as long as you’re putting a fair amount down, for less than 3 percent.”

After five difficult, lopsided years, is Santa Fe getting back to the seller’s market?

“Not yet,” Dougherty said. “Price is still the determining factor.”

Another perspective on the scene shows up in Alan Ball’s Real Estate Blog: “Home

Santa Fe 2012 home-sale stats

2.14.13

Data

2002

2001

Building permits issued

1983

100

1981

300

city

400

county

500

inventory counts keep dropping which puts the market closer and closer to balance.

Balance is usually good for everyone, or at least equal to all. We have seen heavy seller markets and heavy buyer markets in the last 10 years. They are just different in who they benefit, but a balanced market is a good thing for all concerned.”

1st quarter 2012 Homes sold/ median price

2nd quarter 2012 Homes sold/ median price

3rd quarter 2012 Homes sold/ median price

4th quarter 2012 Homes sold/ median price

24 $644,843 16 $442,500 31 $575,000 61 $195,700 132 $290,000 13 $695,000

24 $642,500 15 $324,000 45 $440,000 95 $209,000 179 $287,500 10 $572,500

36 $656,750 19 $410,000 30 $511,000 114 $208,500 199 $265,000 17 $411,565

29 $579,000 13 $319,900 42 $535,000 93 $195,000 177 $280,000 11 $545,000

County northwest

27 $750,000

49 $670,000

45 $690,000

42 $675,000

County southeast (including Eldorado) Eldorado

47 $350,000 25 $298,000 30 $270,829 117 $385,000 249 $352,500

59 $355,000 27 $300,000 39 $275,000 157 $398,500 336 $334,450

56 $353,000 29 $299,000 27 $252,800 145 $405,000 344 $328,125

73 $381,500 44 $338,425 34 $319,725 160 $432,500 337 $370,000

63 $190,500 2 $240,000 0 — 65 $191,600

69 $240,000 4 $450,000 1 $195,000 74 $245,000

96 $270,000 6 $451,000 4 $212,250 106 $265,000

85 $262,000 6 $353,300 4 $216,000 95 $260,000

3 $275,000

2 $277,500

5 $230,000

1 $252,500

9 $140,000

2 $201,500

2 $112,425

2 $114,000

DETACHED SINGLE-FAMILY HOMES City northeast City northwest City southeast City southwest City total County north (Tesuque, Pojoaque)

County southwest County total City/county total

CONDOMINIUMS/TOWNHOMES City County north County south Total (includes Los Alamos, Espanola)

DUPLEX/X-PLEX City & County

MOBILE HOMES City & County Data

source:

santa Fe association

oF

realtors.

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View the New Renaissance

BarkerRealty THE LOCAL’S CHOICE

VILLAS di TOSCANA NEW Construction from the $300,000’s

google®

TOSCANA Michael Umphrey | 505.470.4180 | mumphrey@brisf.com

~ 34

M arch 2 0 1 3 H O ME

VillasDiToscana.com ~

Office: 505.455.8685 530 S. Guadalupe St. Santa Fe, NM 87501 SantaFeRealEstate.com

SocialNetworking

Shopping for homes on Facebook?

Today, whether you are an entrepreneur or small business owner or CEO of a global 100 company, you are still probably seeing social-media sites like Twitter and Facebook as free venues for marketing your products or services. Anyone in business is always looking for a way to maximize their revenue and a social networking strategy is now part of every business plan.

When over two-thirds of the people on the internet are using social networks, it is equally important for anyone in any kind of business to understand social networking as more than a marketing medium.

It is a powerful communication tool. In 2012, social networking surpassed email and we all know what email did to U.S. Postal Service revenues. In February, the Pew Research Center reported “The Demographics of Social Media Users 2012” findings, showing that two-thirds of all online adults are using Facebook and the percentage of Twitter users has doubled since 2010.

Our online world is more about how we are communicating with each other about virtually everything rather than the technology. We use the internet differently by reaching out to our social spheres. We do this faster with mobile phones and tablets.

Word-of-mouth can travel around the globe in a nanosecond.

For example, think about how you used to buy a car or purchase a home three years ago. You might go to the car dealership or call a Realtor. Your research would be to browse some websites. You might call your friends to ask who they recommend to help you. Today, you will most likely ask your friends and their friends on Facebook for advice. You will read comments on blogs, real estate sites, car dealer Facebook pages and search to see what people are saying on Twitter in real time.

Buyers today are more informed than anyone ever imagined. Information is more transparent and available than at any time in any marketplace. If you are a

buyer, you can most likely find as much information as the seller has on the product, home or service. At the same time, you have the opportunity to talk about your experience to your social sphere. The internet and social networking have given you the leverage of information and a social sphere of experience to help. When you are looking for someone you like and trust, your social networks are a new resource in your buying process.

When information access has shifted towards parity, how people buy and sell anything in the marketplace changes, too.

However, most sellers and sales professionals are not aware of this shift. It is time to pay more attention to what buyers are doing before they buy anything. It is no longer possible to misrepresent, overprice or even ignore customer service.

Anyone using a mobile device can access car prices, home pictures or any product information as quickly as any professional. CarMax has changed how people buy and sell cars. Realtor.com, Trulia.com

EMILY MED V EC

and Zillow.com are letting people search for homes anywhere. Now imagine them talking about their experience. Welcome to the level playing field of consumer power.

See you next online.

Emily Medvec is an associate broker with Santa Fe Properties. Her passion is how social networking changes how we communicate. Follow her on Twitter @emilymedvec.

Call her at 505-660-4541 to buy and sell real estate.

Yourmoney’sWorth

Opportunities? Sell and move up!

MSN Money recently released its 50 Stocks to Buy. Of the 50, 26 of were real estate-oriented. If ever the writing was on the wall, it certainly is now: Buy Real Estate! Even Warren Buffet has formed a new venture devoted solely to real estate.

Compare the return on investment from 2000 to the end of 2012: the Dow was up 18.3 percent, the S&P up 0.5 percent, NASDAQ down 24.9 percent and Santa Fe real estate up 72.09 percent.

The stock markets are near their all-time highs and real estate is coming off its worst correction in history. New York real estate mogul Barbara Corcoran, a regular on ABC’s Shark Tank, says, “Right now, if you are upgrading to a bigger house, even if you’re selling at 10 percent off, you buy your new house at 10 percent off. Price appreciation is going to go much higher than people anticipate.”

Now is the time to sell your home and BUY UP. Buy a larger home which could have the opportunity of appreciating more than the lower-priced home you sell.

“Santa Fe’s real estate market is showing positive signs of recovery,” said Emily Medvec of Santa Fe Properties. “Buyers for vacation homes or rental investments have discovered Santa Fe real estate has upside potential. Buyers looking for bankowned deals are finding bidding wars.

Buyers searching for move-up homes see low inventory. If you have credit scores and a down payment to get a mortgage, or cash to buy, now is the time.”

“Why buy now?” I asked Gregg Antonsen, qualifying broker at Sotheby’s International Realty. His reply: “Affordability is better than ever. According to NAR’s housing affordability index, which is the measure of the relationship between home prices, mortgage interest and family income, homes are more affordable now than at any other point since the group started the index in 1970. In Santa Fe we still are experiencing a buyer’s market and those who wish to own or buy up will rarely ever see better bargains.

“Mortgage rates are at historic lows. It

is not just the price of a home that affects affordability. Mortgage rates also directly affect monthly payments. Mortgage rates are some of the lowest on record. If inflation eventually picks up, and it will, you may not see these rates again in your lifetime. Speaking of inflation, home ownership offers some inflation protection.

Studies by Karl Case (of Case-Shiller) suggest that over the long-term, housing has tended to beat inflation by a couple of percentage points annually. That’s valuable inflation insurance, especially if you are raising a family and looking ahead 20 years or so.”

Mark Banham of Barker Realty weighed in, “We believe the bottom hit in 2012, interest rates are projected to edge up this year and days on market have decreased significantly due to the lowest level of inventory since 2007. Buyers must be prequalified and ready to jump when a new property comes on the market. There is still a small window of opportunity for buyers wanting to take advantage of these

FR A N C IS PH ILLIPS

favorable conditions.”

Is the writing on the wall? The stats point to real estate. Make your move while rates are low and be positioned for recovery for the years ahead.

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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A delightful spec house on East Alameda

Courtesy Meleah Artley

Story by Paul Weideman Photos by Jane Phillips unless noted otherwise

This is the first of four units being built in the new Compound at La Joya Escondida located off the dirt section of East Alameda Street, between Canyon Road and the Santa Fe River.

Builder/designer Philip Alarid said he wants to do at least one unique feature on each house. The central standout feature here is the long barrel-vault, lined with travertine tiles, over the kitchen and dining room.

“It opens up the space and we have LED lighting hidden along the long lower edges on both sides of the vault, which gives you a lot of light for very little cost,” Alarid said.

The native Santa Fean has Kiva Homes LLC with partners Mike and Lynnette Mallory.

The spec house, just completed in December, is being advertised as “the perfect Eastside pied-a-terre.”

It’s 1,745 square feet with two bedrooms and two bathrooms, walls of hand-troweled plaster and floors of engineered white oak.

Sustainability is a priority for Alarid. “I was able to get this house to the gold-level green standard.

The HERS rating is 58, and you get a tax credit whenever you’re below 60.” Among the green features are exterior walls framed with 10-inch lumber to maximize insulation and a high-efficiency tankless hot-water system.

The built-in wifi music system is controllable by means of the owner’s smart phone.

The living room, warmed in the wintertime by a kiva fireplace, sports an entire wall of glass — french doors with sidelights and transoms — outside is a flagstone-paved patio with banco seating around a large fireplace.

The living room boasts a carved feature beam, an architectural antique from India, purchased at Seret and Sons, as were several of the doors in the house. The living-room ceiling beams are ponderosa pine salvaged from the 2001 Cerro Grande Fire.

36

March 2013

HOME

More rich wood shows in the mesquite-topped pony wall between the foyer and the dining room, and the slab of wire-brushed New Mexico pine on the big, curved ledge at the kitchen entrance.

The kitchen is outfitted with Silestone-quartz countertops; a backsplash strip of decoratively painted concrete tiles from the Dominican Republic, which Alarid found at Statements; and a fine array of cabinets purchased from Joan Viele at Kitchen Dimensions.

The main hallway turns turns left under a decorative ceiling groin vault and at the end is a wall with a nine-foot-tall trompe l’oeil mural by Mark Balenovic and Andromeda. It depicts a window open to a Tuscan country scene, and a broom leaning against the wall, all within an arched limestone frame.

With the ceiling vaults and a few arched windows, Alarid had a European/New Mexico hybrid style in mind. New York’s Plaza Hotel also figures in, a reference the builder was aiming for in the master bathroom and its twin basins under twin tall, oval mirrors and special, old-fashioned light fixtures and faucets.

The master bath has travertine floors with a dual radiant heat system, as well as a great tub and a walk-in shower with wood bench.

In the second bedroom, the closet doors are cleverly disguised as a set of wood shelves. This is the house’s west-side, the sunniest room in the summer, and the house’s zoned air conditioning can be turned on to cool this room only.

There are stylish lighting fixtures throughout, including in the fully finished and heated garage. Under an exposed lintel and a line of latillas, the wooden garage doors with strap hinges open (electrically) in carriage style.

The property, 616 E. Alameda, Unit G, is listed by Gary Hall and Meleah Artley, Barker Realty, for $979,000.

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KAREN WALKER REAL ESTATE LTD. CO.

205 Delgado St., Santa Fe, NM 87501 (505)982-0118 Email: walkerre@aol.com • www.karenwalkerrealestate.com G

T N IE N N O VE TI N CA O C LO

IN

T IS

EW

L

N

1045 1/2 CAMINO SAN ACACIO

Locally Owned & Operated Since 1975

$798,500

Eastside Treasure! 3 br, 3 1/2 ba, 5 FP. Large walled patio with mountain views. Detached guesthouse.

MLS #101300197 Karen Walker 670-2909

104 MATEO CIRCLE NORTH

$439,500

3 br/study, 4 ba, 2817 sq. ft., .5 acres. Newly painted, hardwood floors, AC, 2 car garage.

MLS#201203661 Patrick 670-4640

H RT O IDE N S

209 DELGADO

$1,495,000

Opportunity for a Subdivision or a Family Compound.

Between Santa Fe River and Canyon Rd. 3 Buildings exist. Lots of open land. Zoned Residential Compound (8 units per acre.)

MLS #201205306.

Karen 670-2909

325 CALLE LOMA NORTE

1568 Sq. Ft. 2 bd, 2 full ba, fireplace, 2-car attached garage. Walk-in closets MLS #201204327 Karen 670-2909

$419,500

KAREN WALKER 670-2909 • TONY ROUSSELOT 690-6666 • JIM WALKER 699-9210 JANET ROUSSELOT 946-7161 • PATRICK WALKER 670-4640 • FREDDIE SUE GATEWOOD 410-6400

resIdentIaL CoMMerCIaL MonuMents ranCHes

Is MoIsture InvadIng Your HoMe? Thinking Like Water

| Ed Crocker

Moisture problems originating below the surface and affecting the base of walls are among the most common problems we encounter in Santa Fe homes. Even in newer homes, waterproofing materials may have been applied incorrectly or missing altogether.

THE WARNING SIGNS

505/982.2448 info@crockerltd.net www.crockerltd.net 38

M arch 2 0 1 3 H O ME

n

Damp walls

n

Musty smell

n

Peeling, blistering, or cracking paint or stucco

n

White deposits on surfaces (efflorescence)

n

Crusty, powdery, chipping concrete or masonry

n

Separation of plaster from walls

n

Evidence of wood rot or decay

Call today for a free onsite evaluation.

Adding to the dangers is that as years of dirt and debris gather at wall bases, the grade around buildings gradually changes. Instead of water draining away, buildings are left in a crater, surrounded by a moat.

Some of the more popular “high-tech” solutions we have developed for retarding the flow of moisture into wall bases rely upon a variety of synthetic materials known generically as “geo-drains.” When used correctly, these porous fabrics are used to trap water and carry it away. There is no limit to how these materials can be used; it only takes thinking like water to concoct them.

For example, in the shallow, tight soils typical of canyon areas around Santa Fe, moisture is retained almost indefinitely, and a system must be designed to carry the water offsite. A 16” deep trench is dug along the base of the wall; geodrain material is laid facing away from the wall, with its edge inserted into a continuously slotted 4” PVC pipe. Trapped water drains into the pipe, which is sloped to drain to daylight or into a deep, gravel-filled drywell. Key to this system is positive site drainage, meaning that the trench is backfilled and compacted with clean, screened earth sloping away from the walls.

This is just one example of the many different systems we have designed—each unique to the site’s particular conditions. In each case, common and inexpensive materials were manipulated to accommodate specific problems. n

PermacultureinPractice

Mulching? There’s an app for that Last summer, we released a roofwater calculator at www.permadesign.com.

Now, we’ve just unveiled our new “mulch estimator.” The former calculates the average annual precipitation that lands on your roof, road, parking lot, sidewalk, patio, garden bed, or field. The latter estimates how many yards of mulch you will need for your next mulching project.

Imagine… all this without having to get off your butt to find the tape measure.

To use the new tool, just go to www. permadesign.com and click on “TOOLS” and then hit “NEW Mulch Estimator.”

Enter your address, zoom in, and use your mouse to make polygons on your property. Each polygon describes an area, and instantly an estimate (based on a three-inch depth of mulch) appears at the bottom of your screen.

What’s the best mulching material for an arid land? Pre-Columbian New Mexicans survived here for centuries using river rock for mulch. These easily accessible cobbles are great for shading

the soil and protecting seeds from winds, birds, and other forces of nature. Equally important is that rocks harvest water out of our thin, high-desert air. They soak up heat during the day and release it at night, and this convection process creates moisture. Remember the last time you picked up a stone from the earth? Most likely it was damp underneath.

All mulches have five basic functions.

First, they retain moisture (mostly from precipitation events). Second, they protect soils and root zones from high winds.

Third, they insulate the soil from extreme temperatures. Fourth, they reflect and absorb light. Fifth, mulches increase the nutrient value of soils by creating microbial habitat.

River-rock mulch, however, is not right for some modern sensibilities. Here’s a list of more-common mulches: straw, crusher fines, gravel, shredded bark, bark chips, pecan shells, compost, wood chips, and (free) shredded organic material from the transfer station.

My favorite mulch is straw. It comes in convenient packages. It’s light, and it slowly adds organic material to the soil.

Straw is great at retaining moisture (as long as you don’t lay it down too thickly).

It may look a little too bright and yellow at first, but give dead grass a little time in the sun, and it will turn brown like the color of the neighboring earth. Beneficial mycelium also thrive near straw, and there are few things better for your soil than mycelium.

Another great mulch is called “crusher fines,” which are tiny pieces of rock left over from the gravel-crushing process.

They’re tan and look as natural as the mesa herself. Since the particles of crusher fines are heavier and drain better than hard-packed caliche, crusher fines also won’t erode nearly as much as our native soils. Both straw and crusher fines can be good weed barriers, too, but they’re not perfect at preventing all weeds, so beware.

Questions? Feel free to ask by finding me at my next public talk on the subject

N ATE D O WN EY

(at Untied Church of Christ on Sunday, March 17) or simply use my contact info below.

Nate Downey is the author of Harvest the Rain (Sunstone Press, 2010) and has been the “Permaculture in Practice” columnist in this magazine for 15 years. He’s been designing local landscapes since 1992 and can be reached at nate@permadesign.com or 505-690-7939.

OurwaterQuality

Uranium in local water is natural The presence of uranium in aquifers in the Santa Fe area is documented by independent laboratory testing commissioned by private well owners and by free testing done during several water fairs.

Most wells in the area contain detectable uranium and the level in many exceeds the drinking-water standard of 30 parts per billion (ppb). Well owners have expressed concerns and a study conducted in Nambé, as well as lab testing of samples from Española, document uranium “uptake” in garden vegetables irrigated with uranium-rich water.

Is the uranium found in local groundwater naturally-occurring, a product of the chemical and mechanical breakdown of uranium-bearing rocks? Or is it the result of nuclear weapon production at Los Alamos National Laboratory (LANL)? A regional uranium isotope testing program, funded in part by the New Mexico Small Business Assistance Program and the NM Environment Department (NMED), was recently conducted to address this question.

The industry standard for determining

the origin of uranium, whether natural or a product of nuclear fission to produce U-236, is to determine the uranium isotope composition of untreated water samples and compare the results obtained to standard isotopic ratios established in radionuclide research and published in the literature. The laboratory instrumentation used to determine uranium isotopes is known as thermal ionization mass spectrometry (TIMS).

For the purposes of this regional uranium isotope study, raw water samples were collected from 13 private wells between Old Santa Fe Trail and Santa Cruz. The samples were collected this past October by representatives from NMED, LANL, and the Good Water Company.

Other participants in this study included Indepth Water Testing and Environmental Geochemistry LLC. Water temperature, pH and redox conditions (oxidation-reduction potential) parameters were measured at the time of sample collection. In addition, stabilized specific conductivity measurements were taken to ascertain that the samples were

coming from the aquifer and not from wellbore storage.

The TIMS analyses were completed in late December. In addition to the total uranium values derived during TIMS testing, total uranium values were also measured using mass spectrometry at the Scientific Laboratory Division, New Mexico’s state reference laboratory. Total uranium concentrations within the sample set ranged from 9 to 776ppb and seven of the 13 samples exceeded the drinking water standard.

The critical parameter for determining the origin (natural or anthropogenic) of uranium in water is the isotopic ratio U-238:U-235 as determined by TIMS. The ratio of U-236:U-238 is an indicator of nuclear activities and an anthropogenic origin of the uranium, as U-236 does not occur in the environment. There was no detectable U-236 present in any of the samples analyzed, and because the U238:U-235 isotopic ratio in all samples is, within analytical uncertainty, consistent with the accepted reference standard for environmental uranium, it is concluded

STEPH EN WIMA N

that the uranium in the water samples tested in this study is consistent with a natural, geologic origin and is unrelated to nuclear weapon production at LANL. The results replicate the findings from an NMED uranium isotope study conducted in 1995.

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 Santa Fe Water Conservation Committee. He may be reached at 505-471-9036 and skwiman@goodwatercompany.com.

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NewsfromSFAR

On owner utilities, maintenance...

What is the real cost of homeownership? There are those one-time expenses, such as appliances, furniture and remodeling. Will the appliances need upgrading either now or in the near future? Don’t forget to check out the water heater, along with the heating, ventilation and air-conditioning systems.

How about furniture? Moving from a one-bedroom apartment to a threebedroom house often means that you will need more furniture. Evaluate furniture needs and costs for your new home.

Before purchasing a home that needs remodeling, ask a contractor to give you an estimate.

It’s usually the ongoing expenses that surprise first-time homeowners.

Principle, interest, taxes, and insurance (PITI) If you have a fixed-rate mortgage, the payment will remain the same for the life of the loan. Taxes and insurance may increase.

Homeowner association fees Fees or assessments for a condo, townhouse or single-family home with an association can increase yearly. Compare fees of similar properties line-by-line.

Check what the fee includes; for example gas, electricity, garbage pickup, and water.

Watch out for special assessments for capital repairs and improvements to common areas.

Exterior maintenance Replacing the roof, painting the siding or trim, repairing stucco, sealing the driveway, sealing the deck, gutter cleaning or repair, septic system and well maintenance, and window replacements are just some of the additional exterior maintenance costs in owning a home.

Some jobs you can do yourself, but others require professionals. Don’t forget the tools that go along with home maintenance: power washers, compressors, heavy-duty ladders, and power tools.

Interior maintenance If you’ve been renting, your landlord probably picked up the tab for repairs and general maintenance. Once you own your home, you’ll be footing the bill. You will need to maintain appliances, plumbing and electrical systems, carpets, floor and wall coverings, and so on.

Utilities If you are renting, you’re probably used to budgeting for utilities. But the cost of heating an apartment can pale in comparison with the bills for an entire house.

A Realtor can help you find out about the current occupant’s costs, but family size and usage will impact those numbers.

Transportation Costs Don’t forget to calculate transportation costs whether by public transportation or your own vehicle. Be sure to budget for gas, oil, insurance, tires, and regular maintenance. Will you need to purchase another car to take care of all of the family’s transportation needs?

PA C O A R G U ELLO

Home ownership is important to families and our local economy. Across the country, families are benefiting from federal programs that help not just homeowners, but also their loved ones and communities. And right now, Realtors are working hard to protect these programs in an effort to make ownership more affordable for more Americans every day.

Paco Arguello is chief executive of the Santa Fe Association of Realtors. Contact him at 982-8385 or paco@sfar.com.

WaterenergyNexus

Getting used to the new normal Those of you who have been paying attention to our rainfall over the last few years know that it has not been normal.

The monsoons have been later and lighter and as has been our winter precipitation, for the most part. Although I appreciated getting my vegetables in the ground earlier this year, they required much more watering than normal.

Regardless of whether you want to call it climate change or just a local weather pattern, the weather is changing. To illustrate this point, I went back over the past decade and pulled the records of our annual precipitation. I noted the average as the midline and then plotted the actual above and below that. Normally our annual rainfall comes in a bit above or below our average of 13.55 inches, but the last eight out of 13 years we have witnessed a steady drying trend.

The average over the past decade is about 0.5 inches below our long-term average. Those bygone years of 14- and 15-inch rains would be really great now, given that 2012 was a very dry year and hopefully not the start of another 2000like, five-year-long, below-normal event.

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HOME

Outside irrigation is the water use most directly affected by diminishing rains.

When less water falls from the sky we must increase outside watering of plants.

This means we can either A) pay more monthly to keep our existing landscapes or B) adjust our landscapes for a new, drier normal. While option A may seem a viable solution, it is short-term at best.

As the climate becomes drier, water prices will increase even more (due to more

pumping, more processing, and buying up more water rights at ever-increasing amounts).

Given the expense of our local water, I highly recommend the latter alternative.

Just like a dripping faucet, it will not fix itself and will cost more and become more annoying over time. There are a myriad of local landscape professionals who can discuss with you how to landscape properly for drier climates, thus allowing you

D O U G PU SH A R D

to change over time, and save both money and water. Conserving water will save you money while also positively impacting the environment. As a friend recently mentioned, “Live simply, so others may simply live.”

Doug Pushard, founder of the website www.HarvestH2o.com, has designed and installed residential rainwater systems for over a decade. He is a member of the Santa Fe Water Conservation Committee, a lifetime member of the American Rainwater Catchment Systems Association, and an EPA WaterSense Partner. He can be reached at doug@HarvestH2o.com.

H OME

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Clemens awarded by houzz.com

By Paul Weideman n January, Clemens & Associates, Inc., was notified it had won a “Best Of Remodeling” award from Houzz, on online database of photographs showcasing work by building, remodeling and design professionals. The firm was chosen by the more than 11 million monthly users that comprise the Houzz community – the “Houzzers” who saved more than 124 million images of home interiors and exteriors to their personal ideabooks via the Houzz site, iPad/iPhone app and Android app.

“Houzz has gotten to be a huge website that’s an idea resource for people,” said the awarded company’s principal, landscape architect Catherine Clemens.

“They get images by having design professionals submit projects. I didn’t submit anything for the award. I just received notice that our portfolio was voted most popular by the Houzz committee.”

Clemens said the portfolio showed projects she has done during the past 10 years. Clemens & Associates has been in business in Santa Fe since 1980. Her office is in the Lofts at Marquez Place; in fact Clemens was the first to move in when the lofts project was completed in 2004.

Houzz, headquartered in Palo Alto, Calif., is designed to provide inspiration, information, advice and support for homeowners and home improvement professionals through its website and mobile applications. At the top of the houzz.com home page: “Create an Ideabook for your next remodeling project! Browse more than 1,000,000 photos from top designers and save your favorites.”

It’s easy and fun to set up an online ideabook at Houzz, and to click on photos as you browse to add them to your ideabook, with a comment on why you like something in the photo. Looking through the wealth of photos is, on one level, a design-rich exercise in mousing or touchpadding, rather than turning pages in actual magazines like Dwell, Martha Stewart Living, Metropolitan Home, and Elle Decor.

“It’s a very interative site,” Clemens said. “People visit and put your photos in their ideabooks. I’ll get an email once in a while saying that someone likes our work or asking where we got that or what color was that, what was your source on that. The site is mammoth, but it’s extremely wellorganized. It’s similar to Pinterest [which bills itself as “a tool for collecting and organizing things you love,” and also functions as a tool for seeing what other people love]. And it’s similar to what we do, tearing out pages from shelter magazines, collecting ideas.”

So is Houzz just fun, or is it something that may actually generate clients for the professionals who are using it? In the past several years, many design and building firms have trimmed staff and perhaps have less time than ever for speculative ventures on the internet. “That’s a big question a lot of us have, whether social media is really a marketing vehicle,” Clemens said.

“To me, web shopping is so huge now and you don’t have the professional input. It’s not like going to Leishman’s and working with a real person and actually seeing the recliners and other furniture.

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“But there is a Houzz badge you can then put on your website. [Clemens now has a “Best of Houzz 2013” badge at the bottom of her home page.] And when people hit that, it takes you to the Clemens page at Houzz. Until I get to updating our site, that really helps. We got a client the other day who had seen our trucks and saw us on Houzz.

My daughter, Elizabeth Clemens, entered all the stuff into Houzz for us.”

Business has been a mite slow, but Clemens looks forward to a good year.

“As the economy settles out, people still want to do good landscaping. My architect and builder friends have got more projects going, so I know the work that’s related to new homes is coming.”

During the past year, her company did some patio lighting for the Inn and Spa at Loretto, but was also involved in more renovation jobs than usual — including some interior work. “I’m a landscape architect and also a contractor. I’m working with someone now on plaster and flooring and lighting for a porch, and we designed and built a guest house. Our work is very architectural and I love working with fabrics and colors and lighting.

A couple of recent Santa Fe projects by Clemens & Associates Photo at right by Catherine Clemens; photo below courtesy Lee Ann White

“Our specialty is fully developed outdoor room spaces and as a natural extension of that, one of the things that interests me is furnishing them: picking furniture and garden ornament.”

She has a large repertoire of stores and catalogs she sources from, as well as having certain items specially made. She emphasized that people who are not able to redo

everything can still enjoy “spicing things up” with new furniture, for example. And she recommends using a design professional to avoid mistakes that will cost more later.

“We streamline the process. People don’t realize that using a design professional can save you money because we can problem-solve in creative ways and help you to do it right the first time.”

TitleNews

More paper, but better for consumer Recently the Consumer Financial Protection Bureau (CFPB) announced a plan that focuses on the mortgage industry’s compliance with new consumer protections going into effect in January 2014.

The CFPB is the federal agency that holds primary responsibility for regulating consumer protection with regards to financial products and services.

It is important that everything is in place when it is time for the plan’s implementation and compliance. Everybody, consumer and industry, wins when the new rules are understood, applied, and carried out evenly and effectively.

The title and settlement industry will be impacted as well. The present HUD-1 settlement statement is used to itemize services and fees charged to the borrower by the lender when applying for a loan for the purpose of purchasing or refinancing real estate. The form is completed by the

settlement agent.

Since 2010, the HUD-1 settlement statement also contains what is referred to as a good faith estimate or GFE. This specifies estimated settlement figures provided by the lender. Borrowers may compare their GFE to the HUD-1 settlement statement and ask their lender or broker about any changes. That HUD-1 settlement statement as we have called it for a long time, will soon be called the settlement disclosure form. It is just a name change. This is CFPB’s third try in less than two years to make the statement more transparent and comprehensible to the average consumer and to call it something entirely different.

Recently CFPB published proposed drafts of the settlement disclosure form.

One of the proposed drafts consists of six pages and the other draft consists of five pages. So in two years we have gone from

a two-page HUD-1 settlement statement to, potentially, a six-page settlement disclosure form. The proposed forms combine the Truth-in-Lending Disclosure, which currently consists of two pages, and the HUD-1 settlement statement.

The proposed forms clearly spell out the interest rate, interest change date with adjustable-rate mortgages, and frequency of interest rate change, along with the specified index and margins used to recalculate the interest rate. The proposed forms include detailed escrow account information, lender cost of funds, originator fees summary, and total interest percentage.

One might ask, “What is the purpose of all of this?” Well, it will improve the consumer’s experience. As a consumer, I am in favor of anything that is better for me. The mortgage and title industry will expend a lot of additional resources in

O T IS PH ILLIPS

upgrading systems and software for ongoing compliance.

Otis Phillips is the business development officer for Stewart Title. He has been in the title business since 1978 and has served in the independent title agency, direct office, and underwriter arena in 14 states.

Contact him at otis.phillips@stewart.com or 505.954.3334.

Building permits SANTA FE COUNTY building permits issued from mid-January to mid-February included the following:

William Riley, 59 Lomas De Tesuque. $350,000.

RCS TT South LLC, 77 Sunset Canyon. $70,000.

— 79 Sunset Canyon. $75,000.

— 42 Sunset Canyon Dr. $70,000.

— 75 Sunset Canyon Dr. $60,000.

— 3 Sky Ridge Dr. $75,000.

Sivage Community Development, 1 Cam. De Colores. $313,000.

— 2 Cam. De Colores. $258,000.

— 14 Cam. De Colores.

$212,750.

Dos Vigas Construction, 18 Cam. Barranca. $400,000.

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

Santa Fe Habitat for Humanity, 6404 Cerros Grandes Dr.

$100,000.

Infinite Ambitions, 3296 Calle Nueva Vista. $195,000.

— 2046 Calle Nueva Vista. $140,000.

— 5305 Joshua Ln. $140,000.

Homewise Inc., 4469 Contenta Ridge. $206,000.

— 4472 Contenta Ridge. $195,000.

— 7205 Rio Del Luna.

$195,000.

— 1601 Ave. De Luna. $208,000.

Pulte Development of NM, 3846 Montana Verde Rd. $225,714.

Discount Home Supplies A fund raiser for Habitat for Humanity.

CALL TODAY! 4 Red Bluff Draw $349,900 Backs to Open Space with fantastic mountain views!

Open floor plan, 3/2/2, 1824 sq ft. MLS #20130052 Office: 505.473.7700

PATRICK THOMAS, BROKER Cell: 505.780.0129 Email: pthomas@ranchoviejo.com

Moving? Buying or selling your home?

Keep us in mind and donate your gently used furniture, appliances, books, new and used building materials to the Santa Fe Habitat for Humanity

WE PICK UP! Call 505-473-1114 to schedule a pick up.

2414 Cerrillos Road Hours: Monday - Saturday 9:00 a.m. - 5:00 p.m. www.santaferestore.org HOME

March 2013

43

Barker Realty At the Railyard

THE LOCAL’S CHOICE

13-B Paseo C de Baca

UN This 11,000+ sf ofDER fice and retail building CO is situated at the north NTR AC entrance of the Railyard T and is a key feature of the area. Once home to the beloved Jean Cocteau Theater it still has the theater in place along with other retail and office spaces. The theater can be remodeled into retail or office space.

There is 400 sf city parking garage only one block away. National and well- known local businesses are a stones throw away. This property is inviting for the owner/user, investor or developer.

This beautiful UN Northern New Mexico DER CO house and guest house NTR is located on two lush AC T acres.

Handcrafted with double adobe, with details that include coved ceilings with vigas, plaster interior walls, hand carved doors, tall windows and kiva fireplaces.

The light filled chef’s kitchen is in a French Provencial style. The 1000+ sq ft, two bedroom guest house has plaster walls, vigas & a kiva fireplace. There is a 3 car garage and a fruit tree orchard.

$1,900,000 MLS# 806889

$950,000 MLS #201203780

JOHN HANCOCK 505-470-5604 jhancock@brisf.com

REBECCA HOLLAND 505-670-1316 rholland@brisf.com

www.LaCienegaBeauty.com

BUYER BEWARE

IS YOUR GREAT DEAL DISAPPEARING?

SantaFeRealEstate.com 44

March 2013 HOME

530 S. Guadalupe St., Santa Fe, NM 87501 | (505) 982-9836 | SantaFeRealEstate.com

LOCATION, LOCATION $219,000 Your Dream Home. Our Expertise.

Finally, a mortgage lender that works for You Well-priced, 1058 sq. ft. condo unit near Plaza in residential area of W. San Francisco Street. Only 3 condos in small compound with on-site parking. Two bedrooms and one full bath on second level, half bath on ground level with kitchen/dining and living room with wood burning fireplace. This condo has been a rental for many years.

Keep as rental or move in and make it home. For an appointment to view, call Marcia at 505-982-4201. MLS# 201204018

Our local mortgage professionals combine lending expertise with a highly personal approach to every client relationship.

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

We specialize in Portfolio Loan Products > Flexible terms and ‘common sense underwriting’ for self employed and jumbo loan borrowers.

> Construction-to-permanent financing

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

> Conventional financing

Kathy Breneman

Marita DeVargas

889-1923 6501 Americas Pkwy Albuquerque

992-2343 62 Lincoln Ave Santa Fe

NMLS #5881

Becky Farnham

992-2244 Los Alamos Santa Fe NMLS #458360

Only 3 Left!

NMLS #458776

Steven Dougherty

889-1926 6501 Americas Pkwy Albuquerque NMLS #189228

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 and private patios. Great new homes for empty nesters looking for that ideal location 5 minutes from the Plaza.

Call, stop by or go online to find out how quickly our local lenders will get you into your dream home.

Apply Online! www.fnb-sf.com Independent community banking since 1870 Like us at facebook.com/fnbsf

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

CH A P M A N H O M E S Member FDIC Equal Housing Lender

50 5 - 9 8 3- 8 10 0 c h a pma nh o me s . c o m

Open Sunday - Friday 1-5PM

Old Pecos Trail at St. Michaels Drive near Zia Rd. H OME

Ma r c h 2 0 1 3 4 5

Dreaming on the River

103 Blue earth trail Sierra Negra Mountain is the front yard of your 22.92 acres.

The distant views of the Sangre de Cristo range and the Chama River Valley are your morning coffee views. For the evening margarita views you have the sun setting over the Sierra Negra. Nearby there is forest access for those who love to hike. 3 bedroom 3 bath, two car garage, 2600 sq.ft.

Rastra construction and energy-efficient Pella windows further enhance this living experience. 60 minutes to Whole Foods in Santa Fe. MLS 201203464 Abiquiu 22.92 AcreS $498,000

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 201300619 28.86 AcreS $1,495,000

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 a studio, workshop or whatever you desire. The lovely adobe home with its light-filled spaces has a cook’s kitchen, 2 bedrooms and 3 baths. With 11 acres of irrigation (33 acre-feet) this property is ready for gardening or farming.

Ideal for horses with the Carson National Forest nearby. Only 60 minutes to Santa Fe! MLS 201100723

32 AcreS

$650,000

HIGHWAY 84, AT THE ABIQUIU INN • (505) 685-4646 www.abiquiuland.com

* Owner is a Licensed New Mexico Real Estate Broker

Santa Fe Real Estate Guide

advertiser index

Abiquiu Realty, Ltd. . . . . . . . . . . . . 46

Gateway Mortgage Group . . . . . . . . . 47

Adobe Realty of Santa Fe, Inc. . . . . . . . 11

Karen Walker Real Estate, Ltd. Co. . . . . . 38

American Country Collection . . . . . . . 34

Keller Williams Realty . . . . . . . . . 19-20

Barker Realty, Inc.. . . . . . . . . . . 34, 44 Chapman Homes . . . . . . . . . . . . . 45 Coldwell Banker Trails West

46

. . . . . . . 41

Rancho Viejo Properties . . . . . . . . . . 43 Santa Fe Habitat for Humanity. . . . . . . 43

Crocker Ltd. . . . . . . . . . . . . . . . . 38

Santa Fe Properties, Inc. . . . . . 23-31, 48

Dougherty Real Estate Company . . . . . . 20

Sotheby’s International Realty . . .2-6, 8-16

First National Bank of Santa Fe . . . . . . 45

Western Equities . . . . . . . . . . . . . 45

M arch 2 0 1 3 H O ME

Your GATEWAY to HOMETOWN Service and Expertise!

Purchasing a new home?

Considering refinancing?

Seeking access to your home’s equity?

RELIABLE ANSWERS

FAST DECISIONS

Annette Alvarez Mortgage Consultant 505.920.8325 Mobile NMLS#296002

Scott Robinson Branch Manager 505.577.8555 Mobile NMLS#202265

Wendy Doehr Mortgage Consultant 941.225.3506 Mobile NMLS#866716

www.gatewaymortgagesantafe.com 502 W. Cordova Road | Santa Fe, NM 87505 505.428.0331 | 505.428.0337 Fax Gateway Mortgage Group, LLC NMLS 7233

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