Santa Fe Real Estate Guide November 2011

Santa Fe Real Estate Guide
November 2 011
The commercial market Las Placitas Compound
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What makes knowingsantafe.com so unique? Its been crafted to suit the needs of both buyers and sellers with our proprietary Santa Fe Property Explorer, delivering the most detailed information possible about our Santa Fe real estate listings; land, farms, ranch properties and Santa Fe homes for sale. Not only do we showcase photos of every nook and cranny (literally), but you will feel the property whether you are across the street in Santa Fe, elsewhere in New Mexico or half a world away. Virtual tours, detailed descriptions about finishes and special features, dimensions of rooms, plans and maps of the property, downloadable brochures, and other features are available.We provide you completely free access to the Santa Fe MLS listings in addition to our extensive internal listings of luxury homes and properties. Because its like no other real estate site youve ever visited, youll know what to expect before you ever set foot on the property. We guarantee it. What makes our practice truly special? Our 50+ years of experience understanding the nuances of the Santa Fe real estate market and helping our clients find the Santa Fe homes, farms, land and ranch properties they are looking for. Its not always easy to navigate the Santa Fe real estate scene. Santa Fe is a unique locale. So, if youve lived here for awhile, or are just visiting Santa Fe for the first time, we can be of assistance.
CERRO GORDO $1,150,000

MLS# 201004702
RAY RUSH
BROWNELL HOWLAND $1,995,000
MLS# 201104357
Direct 505.984.5117 Mobile 505.577.5117 ray@knowingsantafe.com
GARCIA STREET $1,050,000

MLS# 201003410
TIM VAN CAMP

Direct 505.984.5118 Mobile 505.690.2750 tim@knowingsantafe.com
JOHN RIGATTI
HEADQUARTERS TRAIL $1,550,000
MLS# 201104440
Direct 505.984.5141 Mobile 505.660.3353 jrigatti16@comcast.net
KnowingSantaFe.com
Because its like no other real estate site youve ever visited, youll know what to expect before you ever set foot on the property. We guarantee it.
231 Washington Avenue 505.988.8088
Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.
SANTA FES MARKET LEADER

We are Local Experts with a Global Reach
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Shane Cronenweth
shanesantafe@gmail.com www.ChooseSantaFe.com
984.5158
33 SPIRIT COURT $1,195,000 Exceptional price, fantastic property! Sweeping Sangre de Cristo and badlands panorama from this remarkable 2002 custom adobe 4 bedroom home, guest house plus studio, in a gated subdivision near Tesuque. Entertain friends and family in the inviting great room and incredible top-of-the-line kitchen/family room. An excellent master suite accesses a hot tub with waterfall. Plaster walls, vigas, stone and hardwood floors, terraces, portal and forested grounds, plus lighted sports court and 3-car garage. A very special compound. MLS# 201104704
Caroline Russell
caroline.russell@sothebyshomes.com www.ChooseSantaFe.com
954.5530
Visit us at ChooseSantaFe.com
Access the entire Santa Fe MLS, and view our exclusive Insiders Guide!
11 ABIERTO WAY $775,000 Youll be transported by vast mountain and sunset views as you look through the glass-walled galleria of this chic, exciting 2008 Tierra Concepts home. Featured are a great room with high beamed ceilings and pigmented plaster walls, a sleek high-end kitchen, 5-zone speaker system, A/C, 3 fireplaces, and marvelous, deep living/dining portal accessing gorgeous gardens accented with stonework. The superb one-level floor plan has a private office, and the master includes a lavish bath accented with a stunning stone wall. MLS# 201100580
102 VICTORIA $975,000 Located on a quiet Eastside lane, this 3 bedroom 2,505 sq ft adobe treasure was lovingly restored and updated to perfection, retaining its quintessential historic Santa Fe romance and charm. Included are a romantic master, generous guest suite/office, and simply magical walled gardens with a stone fountain. Hardwood and tile floors, vigas and beamed ceilings, hand-troweled walls, three kiva fireplaces, and wealth of historic architecture details translate into a rare and very special jewel. The perfect in-town home.MLS# 904149
10 VIA VECINO $1,150,000 Towering Sangre de Cristo Mountains, close enough to see ski trails an incredible, serene setting for this gracious, newly built 3,700+ sq ft Tesuque home. An enormous great room with high beamed ceilings accesses a grand entertaining portal. The 29-foot master has a sybaritic bath and private terrace. A stunning center-island kitchen with deep dining portal will delight hosts and guests. Featured are hardwood floors throughout, maple cabinetry, hand-troweled plaster walls, 3 fireplaces, A/C,and a heated 3-car garage. MLS# 201103183
You are a pleasure to work with and always give an effort far above and beyond. Outstanding is the only word I can use to describe your abilities, perseverance and ingenuity. You can be assured of receiving the highest recommendation from me.
Joe Sigel
LD SO
31 BLAZING STAR CIRCLE $635,000 An exciting price! This lovely open concept 2,643 sq ft Las Campanas home is sited on 1.6 acres, with sunset and Sangre views. Custom designed with a serene southwest aesthetic, it offers warm slate floors, high ceilings with vigas, and a wide wraparound deck with portal, established gardens and hot tub. Includes a superb master with kiva fireplace and office, a spacious guest suite, and study/third bedroom with en suite bath, and great outdoor access. Impeccable, private, welcoming, blissfully quiet. MLS# 201101363
www.sothebyshomes.com/santafe
326 Grant Avenue 505.988.2533

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SANTA FE INTERNATIONAL
Architect Robert Zachry and builder Michael Hurlocker's compelling work merge in this remarkable 3BR, 3.5BA residence that incorporates the best of 21st century architecture with the sensibilities that make Santa Fe unique. Sleek, sophisticated yet intimate, with commanding views, it is crafted with steel and wood beams, glass and plaster surfaces and tinted concrete floors. MLS 201103323
HISTORIC CANYON ROAD

In the heart of it all this remodeled 2BR, 2BA home with 2nd floor den and view deck shines. The entry courtyard transports you to a lush world with rocked path, wildly wonderful plantings and kiva. A grand living room with handsome fireplace overlooks the garden. Master and 2nd bedroom are both on the main level along with an outstanding kitchen and den/dining room. MLS 201102871
SECLUSION AT 1200 EAST

Moments from the Plaza, away from the hustle of Hyde Park Road, this outstanding free-standing 2BR, 2.5BA, 2752 sq ft single-level condo residence with home office and den offers view-filled in-town living in a lushly tree-covered and private setting. Looking to the Jemez, the grand living room opens to the dining room, kitchen, family room and view deck. Priced below 2011 appraisal. MLS 201102997
SUMMIT HIDEAWAY
Santa Fe Summit With great panache from its elegant entry, stunning living room, gently curved formal dining, stylish kitchen with cozy dining, den and master suite, this 5BR, 5.5 BA home is sited in a swirl of Sangre and Jemez Mountain views and valley vistas. Opening out to portals, patios and terraces, its a great house to share and entertain in a stunning hillside setting. MLS 807559
NOW OFFERED AT $995,000
NOW OFFERED AT $1,730,000
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5054709383
DAVID ROSEN:
CHRISTOPHER ROCCA:
5054902999
Visit Our Portfolio of Outstanding Homes & HomeSites at
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5 PENASCO CIRCLE Anasazi contemporary architecture with exquisite workmanship and attention to detail create this extraordinary home. Privately located on a cul-de-sac in Las Campanas. Grand and gracious living spaces accented by immense vigas and artful stonework. MLS# 201104706 $6,800,000
275 CIRCLE DRIVE Amazing views from this 4,800 sq ft home on almost 4 acres with new high-end construction. Light and bright, 5BR, 5BA, with family room, media room, huge 2-car garage, and walled entry. MLS# 905013 $1,575,000
7 CAMINO OSITO Pueblo-style home on 2.65 acres with outstanding views. Diamond plasters walls, spacious living room, large gourmet kitchen with high-end appliances, slate and wood floors, two master suites, plus an office! MLS# 201104660 $1,275,000
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DARLENE STREIT
505.920.8001 dstreit@dstreit.com
SantaFeRealEstateScene.com SantaFeRealEstateProperty.com SantaFeRealEstateExpert.com SantaFeLuxuryHomesAndLand.com

4 N O VE M BE R 20 11 HO M E
26 CAMINO SANADOR Located off Old Santa Fe Trail, on almost 7 acres. Beautifully sculpted contemporary Santa Fe lines, open kitchen, cherry butcher-block island countertop. Spacious, 4 bedrooms plus media room/ fifth bedroom. MLS# 201104665 $1,075,000
638 CAMINO DEL MONTE SOL In traditional Santa Fe style, this 4BR, 3,600 sq ft adobe on the historic Eastside has a bricked entry portal, vigas and beams, wood floors and hand-carved doors, and an English garden. MLS# 201005540 $999,000
1265 CERRO GORDO ROAD Eastside home with attached guesthouse, close to the Plaza and Canyon Road. Stone floors, hand-troweled plaster walls, vigas, and a steam shower. Wonderful outdoor living spaces surround this home. MLS# 201102866 $820,000
417 East Palace Avenue 505.982.6207
326 Grant Avenue 505.988.2533
BLACK CYAN MAGENTA YELLOW

NEIL LYON GROUP

DIRECT: 954.5505 CELL: 660.8600
DIRECT: 954.5556 CELL: 930.0999
NEIL LYON, CRB, CRS, GRI

VANESSA RIOS Y VALLES
DIRECT: 954.5522 CELL: 231.3708
EVELYN SPIKER, CRS, GREEN, RSPS
TESUQUE
18 CALLE NOBLE Absolutely stunning views from this incredible property in prestigious Los Caminitos. This rare compound built by John Wolf includes a gorgeous main house, a guest house, studio, office and caretakers casita all on 5.61 acres. #201103798 $2,975,000 916 OLD SANTA FE TRAIL Fabulous historic compound residence in desirable Museum Hill area featuring 4BR main house, 1BR casita, plus an artists studio/office. Excellent location convenient to shopping, museums, and Plaza. #201102712 $1,645,000
MUSEUM HILL AREA
LAS CAMPANAS
6 PLAZA MOLLENO This striking residence by Tierra Concepts enjoys breathtaking mountain and golf course views. A perfect blend of contemporary and traditional Pueblo design gracefully blending double adobe walls with modern angles. #201104587 $1,495,000 1023 SIERRA DEL NORTE Immaculate 3BR residence plus 2 office spaces in prestigious Sierra del Norte. Excellent floor plan, private master suite, private 2 suite guest wing with separate entrance. Multiple portal and patio areas with views. #201103420 $1,400,000
SIERRA DEL NORTE
TAOS
560 PIEDMONT Historic early Taos artists home and compound, private and secluded, yet close to town. Property includes a main house and 2 guest cottages all on 6.2 acres. Wonderful shade trees, courtyards and gardens. #201004196 $1,495,000 10 BLUESKY CIRCLE Built by award-winning builder Tierra Concepts, this gorgeous residence has been thoughtfully sited on 1.65 acres making the most of the expansive western views. The 3,990 sq ft, 3BR main house includes a fabulous office/media room. #201103846 $1,097,000 545 VISTA DE LA CIUDAD Classic Santa Fe style in this quality home close to Canyon Road and the Plaza. Excellent 3BR, 3BA floor plan including a wonderful den/library with wet bar. Centered on 2 lots with wonderful portales and a large patio. #201005541 $935,000 44 LAMY DOWNS Enjoy panoramic views of the Galisteo Basin from this lovely 4BR, 3BA Northern New Mexico-style residence. Beautifully renovated with upgrades including black walnut floors, SubZero and Wolf appliances and Rumsford and kiva fireplaces. #201102815 $599,000
www.neillyon.com
LAS CAMPANAS
560Piedmont.com
LAS BARRANCAS
I PR CE D RE ED UC
LAMY
545VistadelaCiudad.com
326 Grant Avenue 505.988.2533 H OME N OVEMB ER 2 0 11 5

Brunson Schroeder
505.690.7885 ann.brunson@sothebyshomes.com
REAL ESTATE GROUP

505.690.1007 ed.schroeder@sothebyshomes.com
ANN BRUNSON
ED SCHROEDER
Downtown condo. Recently constructed and completely private, this charming home with gorgeous maple hardwood floors and high beamed ceilings has Santa Fe style with contemporary amenities. #201104490
356-1/2 GARCIA STREET A
$710,000
Hondurean mahogany Morelli carved door leads to a grand Santa Fe custom home with polished brick floors and mountain views. 6 fireplaces, spacious formal living and dining rooms, media and library, and newly remodeled kitchen. #906554
13 COLUMBINE LANE
$999,000
841 CAMINO DEL ESTE
A Santa Fean delight! Gated 800 East home with eastern views of Sangre de Cristos ski mountains! A wine lovers delight with huge 3,000 bottle climate controlled wine cellar and another 1,000 bottle ambient temperature wine closet. #201005995
$795,000
Exceptional one level townhome with spacious rooms, living/ dining room with kiva fireplace, beams, and American Clay walls. Kitchen with new granite counters and stainless appliances. Updated bathrooms. #201102024
316 CALLE ESTADO
$550,000
3600 CERRILLOS (THE LOFTS) #508
A NewYork loft in Santa Fe! Spacious and beautiful, this 2 story loft has 2 balconies with views.The organic curve to the floor plan is truly a great design.Wonderful high ceilings with lots of windows make this a great place to live and to work. #904435
$328,500
681 GONZALES ROAD
A perfect second home in Santa Fe! Close to the ski mountain, hiking/biking trails and the Plaza. Large bedrooms with plenty of storage, lovely large kitchen has room for a breakfast nook and the utility room even has a pet shower! #201006483
$595,000
Quiet! Views! This home feels brand new due to constant care by owners. Through the entry, you are greeted by expansive mountain views. Open concept, master BR with kiva, wraparound portal and separate studio with attached garage. #201005251 417 East Palace Avenue 505.982.6207 6 N O VE M BE R 20 11 HO M E
28 CAMINO CABALLOS SPUR
$550,000
Just off Gonzales, this lovely split level home is ready for your special touch! Perfect location near Canyon road, the Plaza, ski basin and hiking trails. Lots of garden space and views of the Sandia and Ortiz Mountains. #201104255
702 CALLE VIBORA
$550,000
2252 ESPEJO PLACE
Los Senderos elegant custom home on one level! Designed by Peter Merrill. Beautiful features such as professionally landscaped gardens with outdoor fountain, oakwood and Italian tiled floors, herringbone latillas and vigas, plus skylights. #201103981 www.sothebyshomes.com/santafe
$930,000
MARION SKUBI GROUP

Marion Skubi Johnnie Gillespie
Aleka Moore
Marion Skubi Aleka Moore
ABR, CRB, CRS 505.660.8722 Marion@MarionSkubi.com
Partner, Marion Skubi Group 505.690.1909 Johnnie@JohnnieGillespie.com
Johnnie Gillespie
Operations Manager, Marion Skubi Group 505.954.0732 Aleka@MarionSkubi.com
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Once in a while a truly unique property with a spectacular view comes on the market and this is one of those opportunistic times. This extraordinary all adobe home with breathtaking Jemez views by premier builder Bobby Freeman exhibits the finest in traditional Old World design with architectural appointments and design details that define the irreplaceable distinction of this remarkable offering. MLS# 201104584
1240 NORTH SUMMIT DRIVE $2,550,000
An exceptionally classic and handsome all-adobe home in Las Campanas sitting on 3.5 acres above the 2nd fairway of the Sunrise Golf Course in the much revered Estates V.2 with spectacular Sangre de Cristo, Jemez and Ortiz Mountain views. Built by Russell Coffman, this home epitomizes the ultimate in timeless architectural design based on a traditional U-shaped floor plan that wraps a private entertaining courtyard. MLS# 201104561
135 WILDHORSE
$1,645,000
326 Grant Avenue 505.988.2533

8 N O VE M BE R 20 11 HO M E

Magnificent 360 views from this unique villa. The 6,130 sq ft home is poised on 1.3 private, wooded acres on a hill minutes to the Plaza. Antique doors, diamond finished plaster, high ceilings with coves, vigas, corbels, and beams. Hand-carved stone windows. Five fireplaces, skylights and a comfortable floorplan. Owner is a NM Real Estate Broker. $1,995,000
ONE OF A KIND VILLA
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A sprawling lodge on 5 scenic acres with multiple wings for a variety of uses! Great plaster main living room with standing dead growth timber vigas and Italian chef's kitchen; privacy, landscaping and views from all windows; a wing with 3BR, 2BA and guest powder room; a wing with master suite; and separate guest suite. $769,000
FAMILY LODGE
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A historic adobe in perfect location downtown, it is a pretty walk 3 blocks to the Plaza. 18 guest rooms with stylish baths, plus live-in managers suite. Charming breakfast great room; elegant, comfortable public spaces, patios and deck. Character, ambiance, and Santa Fe style! Parking lot. Established perennial landscaping. $2,695,000
SANTA FES FINEST B&B
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European-style villa with high beamed ceilings, beeswax rubbed Venetian plaster walls, Italian tile floors, antique doors and columns, the loveliest finishes and fixtures, and on 11 private acres. Expansive rooms and views, 3BR and baths, family room, 3,000 sq ft, plus a matching 3BR, 1,750 sq ft guest house. $1,325,000
DIVINE EUROPEAN HOUSE & GUEST HOUSE
Ashley Margetson CRS, GRI

ashley.margetson@sothebyshomes.com santaferealestatelady.com
984.5186 Cell: 920.2300
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Expanses of open views in every direction yet total serene privacy. Wonderful floorplan with 3BR. Several living spaces, with panoramic views. High, pitched ceilings, stained concrete and marble floors, fun open concept kitchen. Outdoor living spaces look over Galisteo Basin. Stunning pool environment. $780,000
RANCHITO SANTUARIO
Currently an art gallery, or would be perfect for offices, a shop, or a restaurant! High ceilings, great floors, great light and ambiance. Very stylish and in fabulous condition! Unbelievable high visibility location between the Plaza and Railyard! NOW $560,000
EXCEPTIONAL DOWNTOWN BUILDING
Minutes to the Plaza, in prestigious, gated 1200 East, opportunity knocks! Sophisticated, clean lines and bright, open spaces make this custom built condo a rare find! Large rooms with high ceilings and beautifully landscaped outdoor spaces! Includes a well designed 3BR floor plan, great master suite, cheerful eat-in kitchen, garage, and storage. $725,000
SOPHISTICATED CONDOMINIUM
Spacious and beautifully maintained Northern New Mexicostyle home located within lovely Los Arboles, off West Alameda, just eight minutes to the Plaza. Constructed in 2003 by builder Sonny Otero, this two-story home has a master suite downstairs and additional living area and bedrooms upstairs. Mountain views, abundant light, large rooms and high ceilings, large kiva fireplace, beautiful landscaping with drip irrigation, polished concrete floors, two-car garage. #201103829
2255 VIA MANZANA
$395,000
Pristine, custom built 3BR, 2BA Pueblo-style home surrounded by lovely flagstone patios/walkways in the Ridges subdivision. Located on a private, peaceful 3.67 acre lot and sited for expansive views of the Jemez and Sangre de Cristo mountains, this home is in proximity to many acres of open space and hiking trails. Soaring ceilings, abundant natural light, granite countertops, slate tile floors, sandstone window sills, plaster walls. Natural gas radiant floor heat, central vacuum, underground utilities and green features, including recirculating hot water system. #201102218
172 PRINCIPE DE PAZ
$475,000
Private, custom 1970s contemporary main house and guesthouse in Hyde Park Estates on 3.19 acres. Rustic charm with decks, porches and huge windows which provide astounding mountain and badland views. Four fireplaces, detached 2-car garage. Kitchens, baths, laundry facilities and storage in both main and guesthouse. Easy access to the ski basin and downtown Santa Fe. #201104360
3253 PASEO DEL MONTE
$625,000
Direct: 946.4043 Cell: 577.0177

MARYJOY FORD
H OME N OVEMB ER 2 0 11 9

544 CANYON ROAD

W NE G IN ST LI
$1,595,000
Art of LIVING
his historic Eastside estate has not been offered for sale for over 50 years! Located at the end of a private lane, the oversized lot provides a gracious setting with spacious lawns and mature trees. The main residence exudes old Santa Fe style and features a large living room with oversized windows and views to the gardens. Classic dining room with built-in cabinets, spacious kitchen with breakfast room, 4BR main residence, 2 upstairs with shared bath, and 2 on the main floor with private baths. Includes a 2-story guest house remodeled by Betty Stewart. MLS# 201104593
Fine properties to suit your Santa Fe lifestyle

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653 CANYON ROAD, #10 $945,000 Lovely 3BR, 3BA home in the quiet and lushly landscaped Compound Condominiums steps from Canyon Road shopping and restaurants. Spacious living room, private courtyard, quaint dining area, bright kitchen, master wing overlooking the courtyard garden, 2 guest BR and BA, and 2-car garage. MLS# 201103602
1621 CAMINO DE CRUZ BLANCA $1,385,000 A stunning contemporary/Pueblo-style home, this Eastside mountain retreat on 3.28 acres is minutes from the Plaza with National Forest trail heads nearby. Includes a master suite with a walk-in shower, whirlpool tub, and a beautiful kiva fireplace, a Japanese style hot tub and unmatched mountain and sunset views. MLS# 201104352
976 INDIAN RIDGE $735,000 Amazing 360 degree views from this spacious 4BR, 3BA home on 1 acre with remodeled kitchen and master bath. Flexible floor plan with vigas, beams and coved ceilings in the master, 2 kiva fireplaces, office/den off the master bedroom, and oversized 2-car garage. MLS# 201103962
For your new and evolving Santa Fe lifestyle, trust the Santa Fe Team to find your ideal property. Amid natures splendor Culture, Tradition, Community savor the Art of Living!
Santa Fe Team
w w w. s a n t a f e t e a m . c o m
Jennifer Gallagher, 505.660.8793 Moo Thorpe, 505.780.0310 Chris Haynes, 505.660.6121
326 N O VE M BE R 2 0 11 H O M505.988.2533 Grant Avenue E 10
Emily Ivette Garcia

Associate Broker
Excellence, with a touch of grace

Land
6 Cerro Circle MLS# 903266 $60,000
Exceptional Properties in All Price Ranges

The Summit Contemporary
1445 Nevado Ridge MLS# 201003370 $990,000 653 Canyon Road #16 MLS# 201003229 NOW $745,000
Canyon Compound
60-B Estrada Maya MLS# 201104076 $950,000
La Tierra Endless Views
960 Acequia Madre MLS# 201103788 NOW $690,000
Acequia Madre Charm
Railyard Adobe Perfection

207 Closson MLS# 201100640 $450,000
Affordable Land
An Exceptional Restoration
112 La Vereda MLS# 201104273 $900,000
117-A Paseo Nopal MLS# 201102699 NOW $625,000
Spacious Pueblo H & GH
1144-D Canyon Road MLS# 201103194 $375,000
Canyon Road Home
Lot 3, Rancho de San Juan MLS# 201101973 $100,000
Views and Privacy
Rancho San Juan Casita

Rancho San Juan MLS# 201104454 $375,000
Rancho San Juan Elegant

64 Rancho de San Juan Road MLS# 201101977 $875,000
Casa Solana with GH & Views

1121 North Plata Circle MLS# 201103472 $575,000
812-C Calle Saragosa MLS# 201102257 NOW $200,000
Santa Fe Contemporary
Galisteo House & Guesthouse

13 Marcelina Lane MLS# 201000685 $700,000
Pojoaque Cliffs & Quality

189 County Road 113 MLS# 201102698 $550,000
3 Lucerito Court MLS# 201103726 NOW $175,000
Country Living with Studio
505.955.7963 505.699.6644 emily@emilygarcia.com
231 Washington Avenue
Santa Fe, New Mexico 87501
505.988.8088
HO ME NO VEMBER 2 011 11

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David & Bonnie Sorenson

david.sorenson@sothebyshomes.com bonnie.sorenson@sothebyshomes.com
DAVID 505.670.5515
1675 VIA BOSQUE $624,000 Executive custom home with great floor plan in the north hills of Las Estrellas. Elegant 3 bedroom, 2 1/2 bath, with sand slate floors, high-end finishes, portales, a 3-car garage, and Sangre views. #201102031
41 BLUESTEM DRIVE $749,000 A wonderful home in a gated community, inviting patios perfect for entertaining with fabulous views, 3 bedrooms, a study, 3 baths, and an open kitchen area with a fireplace, plus a 3-car garage. #201102623
104 CALLE POCO $939,000 Beautiful and inviting home with guest house in the north hills on 1.6 acres. Lovely Sangre views, two bedroom suites in main house, media room, office, country kitchen, and outdoor entertaining area. #201104075
BONNIE 505.954.0736
SantaFeRealEstateToday.com
Informative Comprehensive Smart Most Comprehensive Santa Fe Real Estate Statistics Search Complete Santa Fe MLS Current Santa Fe Information
Visit our Website:
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NORTH SUMMIT DR, LOT 13 $289,900 An exceptional lot in Summit North with wonderful views and a full set of plans with association approval. #906081
1723 RIDGE POINTE LOOP $424,500 Former model home with 3BR, 2 1/2BA, plus loft. High ceilings, upgrades, lots of natural light, portal, master suite with private deck, mountain views, professional landscaping. Great North end location. #201101592
3101 OLD PECOS TRAIL #808 $690,000 Pinon B model, located on a private cul-desac next to a greenbelt. Two BR, 2BA with elegant upgrades: new kitchen bamboo cabinetry and appliances, remodeled bathrooms, and custom built-ins. #904637
Eldorado285AreaHomes.com
4 CERRADO COURT $230,000
Passive solar! Natural gas for heated garage, hot water tank and cooking stove. 1,400+ sq ft with 3 bedrooms, 2 baths. 3rd bedroom casita perfect for a studio/office or separate guest quarters with its own bathroom and shower; fenced private entry. Brick floors, viga ceiling. 1.2 mountain view acres. #201102608 Family room/studio, separate workshop, walled area for an RV. 3BR, 3BA, 26'x26' sq ft garage. Saltillo tile, wood and carpeted flooring, maple cabinets, viga and beam ceilings, walled landscaped yard. Centrally located near schools and shopping. 2,230+ heated sq ft; 1.64 acre mountain and sunset view lot. #201104434
Tune in Every Sunday at Noon on Talk 1260 KTRC-AM
All Things Real Estate Radio Show

Hosted by Rey Post,Associate Broker, Sothebys International Realty Streamed Live on SantaFe.com
WHAT PEOPLE ARE SAYING ABOUT THE SHOW:

3 DUENDE ROAD $378,500
The turnout at the remote broadcast/open house exceeded my expectations! Ron Lando-Brown,Associate Broker, Sotheby's International Realty We listened to the radio program via the Internetwhat a fabulous show! Carmen Lanza, New York, New York It was a pleasure being part of the broadcast from our house.The program provides informative commentary about the complex and confusing subject of real estate. Many people who heard the show thanked us for sharing our hard won wisdom with them, which would not have been possible without the show! Shelly Gore, home owner and winner of "2011 Parade of Homes Grand Hacienda Award
Direct: 505.984.5142 Cell: 505.577.0143 fred.raznick@sothebyshomes.com

12
FRED RAZNICK
For more information contact Rey Post: 505.989.8900.

2011 Santa Fe Chamber of Commerce Business Excellence Award Nominee

N O VE M BE R 2 0 11 H O M E
326 Grant Avenue 505.988.2533

IS SANTA FE CALLING YOU? THEN CALL ME!
ROXANNE APPLE
E OM H US LO BU FA
505.660.5998
G IN AZ AM
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930-928 CERRO DE LA PAZ $2,990,000 The soul of a great home with the size of a great estate! Beautifully sited on over 8 acres in one of Santa Fes most sought after areas, this exquisite residence was built in 1938 in the spirit of the owners good friend, John Gaw Meem, and completely and impeccably remodeled by Sharon Woods in 1999.A romantic courtyard, expansive portales and magnificent gardens frame the beautifully proportioned living areas, fabulous gallery, a true chefs kitchen, library, and much more! MLS# 201003810
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789 AVENIDA PRIMERA SOUTH $649,000 Lovely in town living close to everything Santa Fe has to offer. Light-filled, spacious and sophisticated open living, dining and kitchen on one level opens onto an expansive deck with views and a kiva fireplace. Private rooms (3BR or 2 and a study) on lower level including a stunning master bath with whirlpool tub, shower, double sinks and windows galore; all bedrooms open onto covered patio and secluded outdoor area.Attached 2-car garage. MLS# 201103979
79 CALLE ENCANTO $435,000 Classic Santa Fe adobe home with forever views in Los Caminitos.Thoughtful architectural and organic design with a passive solar greenhouse/sunroom. The 6+ acre site offers a remarkable combination of fabulous views and privacy with the added pleasures of the nearby clubhouse, pool and tennis courts. MLS# 201103552
69 CONDESA ROAD $499,000 Enter through the private entry courtyard of this wonderfully spacious, single level 4BR, 3BA home; step into the living and dining areas and out the French doors which open onto a lovely patio and walled back garden with gorgeous mountain views. Master suite with fireplace and a stunning master bath with walk-in shower and whirlpool tub is nicely separated from the other 3BR and baths. MLS# 201103819
326 Grant Avenue 505.988.2533
H OME N OVEMBER 2 0 11 13
OutandAbout
Sideways migrations are rampant

Darlings, In a way, Ill be glad when the air clears and all the Realtors have settled comfortably into their new digs, because then Ill finally be able to start talking about myself again. Petunias, I kind of wanted to tell you about my wanderings, but, noooo. Realtors keep playing musical offices, and I am compelled to selflessly report their whereabouts, so that when you, my dearest readers, decide to buy or sell a house, youll know just exactly where your Realtor is. Lets start here. When he moved to Santa Fe 25 years ago, he started out as a Realtor (actually, Kittens, he originally started out as a playboy but then decided hed get more respect if he had a career of some sort); then he segued into the title business (last stop ST&E); and today hes a Realtor once again. Alan Ball is now an associate broker at Keller Williams. Aside from being intrigued with KWs business model, Alan is a savvy guy. When it started looking like there were more closing agents in Santa Fe than Realtors, it seemed the perfect time for a switchback. Melissa Pippin-Carson and Roger Carson (formerly Sothebys) also moved to Keller Williams. Having read Gary Kellers definitive how-to-sell-real-estate book, The Millionaire Real Estate Agent when she first became a Realtor, Melissa was thrilled when Keller Williams opened an office in Santa Fe. Its the real estate opportunity she was waiting for, because she and Roger, like Alan, love KWs business model. Melissa credits Gary Kellers leadership and business philosophy for what Keller Williams is today: the second largest real estate franchise in the United States. Lemondrops, 860,000 agents nationwide cant be wrong, and Im betting Melissa isnt either. So who started the recent migration from Sothebys to Santa Fe Properties? Rick Green? I know he missed that hometown family feel of the old French & French offices before they merged with Sothebys. And Ill bet Liz Cales presence at SFP played a big role in his decision. (She would downplay this, of course, because modesty is one of Lizs strongest suits.) Rick said he had missed her (her leadership, Crumbcakes, nothing romantic) from the minute she left Sothebys/French & French, so I guess his move was just a matter of time. I think David Woodard felt the same way, and then, the funny thing is that some of the other Realtors at Sothebys felt that way about David. They missed him. And the next thing I know Marilyn Foss and Kevin Bobolsky are at Santa Fe Properties, too. To tell you the truth, Possums, I sort of thought Kevin would take a small sabbatical after being involved with the recent sale of Val Kilmers Pecos River Ranch for $18.5 million. But apparently hes like the rest of us slightly insane Realtors: addicted to high stress and multi-tasking. Marilyn, until moving to SFP, held the record for occupying a desk at Sothebys Washington Avenue office the longest, since she was one of the first Realtors to join Pat and Michael when they started French & French and opened that location in the mid-80s. Never shy about setting records, heres another first for Marilyn: putting a multi-million-dollar listing under contract within the first week of transferring to her new office. Marilyn will be the first (see, Cupcakes, another first) to admit that she couldnt have done this without the help of another Santa Fe Properties Realtor, Michael Morgner (also former Sothebys), who had the buyer who brought the offer to Marilyn who presented it to her client who had the $5.95 million Circle Drive home who at one time was owned by funny girl Carol Burnett. I could go on, but I wont, because Im a funny girl who knows when enough is enough. (Obviously not!) Michael isnt planning any sort of sabbatical, either. His addiction is having children, I believe, because he already
Alan Ball hasnt changed a bit well, maybe just a littlehes taller
OAKLEY TALBOTT
Melissa and Roger on Aspen Trail the couple that hikes together, stays together
Rick as Rick Green, smiling securely knowing that Liz is taking care of business
Richard Gere posing as Kevin Bobolsky and Sharon Stone posing as Marilyn Foss, trying to look like Realtors
has six of them. (Mon dieux... he looks so young.) This means theres a lot of college tuition in his future. And that means no rest for the prolific, eh, ma petite chattes? As we know, Realtors change offices for all kinds of reasons. But for Dermot Monks, his move from Sothebys back to Santa Fe Properties was homesickness, Im pretty sure. His old pal, Ernie Zapata, remained at Santa Fe Properties, patiently waiting, never giving up hope that someday Dermot would return. It finally happened, and the Bromance Is Back On! Congratulations, boys, were so happy for you. Cornerstones Community Partnerships (one of the Realtors favorite nonprofits, because its all about preserving historic adobe structures) held its annual fundraiser, Noche Feliz, last month. A tremendous success, the highlight of the event was entertainment provided by the New Mexico School for the Arts (a charter school in Santa Fe). This very talented group of high school students (who could give GLEE a run for its money) consisted of a guitar ensemble, a string quartet, and chamber singers. Jovita Enrique got a standing ovation for her performance of Te Quedo Grande La Yegua, and the chamber singers ended with Adobe Sky, a song written by Roy Rogosin (director of choirs) specifically to commemorate the 25th anniversary of Cornerstones. If youre looking for outstanding local entertainers for your event, this is the group to call. So long, Sweetpeas. Until next time... Oakley Oakley Talbott can be reached at merrilypierson@cox.net
Together Again, L to R, Michael (father of 6), Dermot, and Ernie
14
NOVEMBER 2011 HOME
Socialnetworking
Whats new? Just about everything.

Most of you know social networking is changing how we communicate online about virtually everything. For some of you, Twitter, Facebook and LinkedIn, along with Foursquare, Flickr, and Google Plus, are all exciting. For others, these sites are just plain scary. Regardless of how you feel about how technology, mobile phones and the internet have connected us to each other, and the pace of change is only accelerating. We are all experiencing a revolution in how we communicate with each other that is more profound than many of us are likely to see for the rest of our lives. For over a year in this column, I have encouraged you to try social networking to see what happens and to be flexible enough to experiment and see how it works and what works for you. People tell me every day they are struggling to understand or keep up with how social networking is impacting their families, work environment, businesses and lifestyle. Some people still tell me they see no need to adapt to these changes now. Yet, more and more of you ask me what is new on Facebook this week! Whats truly new is that everything is becoming a conversation. Marketing, like the news, is shifting from a monologue channel pushing out information to an online interactive conversation. People no longer just read advertising messages or even news stories; they comment; they provide feedback; they even disagree. They post pictures of their favorite desserts on Flickr. They promote websites with Google Plus. They champion their favorite place on Foursquare. Often they will turn their comments into a blog or even a podcast. The options are becoming endless. Whatever the site, people can now push their view out to their sphere of friends or followers in a nanosecond. People can now choose where they want to focus their attention. They no longer have to be interrupted by a pharmaceutical ad about erectile dysfunction when they are watching the TV news. They can now read the news online or follow their favorite journalists on Facebook or Twitter. The same applies to real estate. People can chose where they want to look for a home, online. The information is now shared between agents and their customers through numerous websites and blogs. Todays housingmarket conversations have moved from the dinner table to social media. What can you do if you are not ready or have no time for any of this social networking online? Remember that all changes are not the same. Some are more difficult to adapt to than others. Social networking can be uncomfortable. I remember when I had no clue. I wanted to do it right. I discovered it was better to jump in and learn, then unlearn,
EMILY MEDVEC
then learn again. Perhaps, the next time someone asks you whats new you can tell them to follow you on Twitter. Emily Medvec is an associate broker with Santa Fe Properties. Her passion is how social networking online changes how we communicate and make decisions in real estate and every other marketplace. Follow her at www.twitter.com/emilymedvec or call her at 505-660-4541.
HOME NOVEMBER 2011
15
expect more.
505.989. 77 41 433 WEST SAN FRANCISCO STREET
A Full Service Real Estate Brokerage
SANTA FE, NM 87501
NEW PRICE
738 Camino mirada Lovely 3 Bedroom / 3 Bath condominium in Los Miradores on Santa Fes Eastside. The light and bright unit looks onto an enclosed patio with colorful plantings. The unit features a gracious living room, formal dining room, spacious kitchen and a two-car garage. Los Miradores offers an on-site manager, swimming pool, tennis court, workout room and beautifully maintained grounds. Adjacent to walking trails and Saint Johns College and just a short distance to galleries and restaurants on Canyon Road. Ideal as a primary residence or second home. mLS# 201101240 $750,000 $699,000 Clara L. Dougherty 505.690.0471 claradough@gmail.com
159-B TESUQUE ViLLaGE road - Unique property in Tesuque Village on beautiful 2.8 acres. The converted barn has been transformed into a wonderful living space with an open concept living/dining area, kitchen, a 3/4 bath, plus laundry area. The large, separate storage area of the property might also be used as studio or office space. Large outdoor patios make the perfect place for entertaining. This is a must see property in Tesuque. mLS #201103654 $495,000. Clara L. Dougherty 505.690.0471 claradough@gmail.com
www.dresf.com
Wm. David Dougherty, Broker . Clara L. Dougherty, Broker Associate . Jennifer H. Tomes, Broker Associate . Pam Alexander, Office Manager
Coldwell Banker Trails West Realty, Ltd.

A Trusted Name - Across Town and Around The World
751 Acequia Madre #4 Opportunity to own an incredible condo in a unique 6-unit compound. Lovely entry portal with scenic fresco leads into dramatic living room. Vigas, brick floors, skylights. 3Br/3Ba/2-car garage + guest parking. Julie Paradise 505.983.0309 #201102684 $940,000
4 Lucero Road Located on greenbelt with private well & Sangre views. 3 bedrooms 2.75 baths, flexible floor plan offers a variety of living spaces. Heated 3 car garage, large deck, solar gain, hot tub. James Congdon 505.490.2800 #201104501 $449,000
905 Canyon Road 2 Bedroom condo in the heart of Canyon Road. Fully equipped for short term rentals or vacation home. All furnishings and appliances included. Walk to galleries and great restaurants. Don Holman 505.577.1666 #201104679 $388,900
2000 Old Pecos Trail Santa Fe, NM
505.988.7285 800.775.5550
212 South El Rancho Road Absolutely the sweetest 2br/2ba, 1 car garage home. On .24 acres off West Alameda minutes to downtown. Features: Granite, Wood Doors, New Windows and more. Plenty of room to add/build onto this amazing property. Sabine Andraud 505.690.4857 #201104650 $349,500
119 Mirasol Two bedroom private retreat on 77 acres with guest house! This peaceful treed parcel offers two homes that sit in the center of the property. The main house boasts 2-ft thick adobe walls and other energy saving features. Belinda Young 505.603.3688 #201103635 $334,000
4606 Sunset Ridge Well maintained 3br/2.5ba, pueblo style home built in 2003. 1834 sq.ft, dual view gas fireplace, 2-car garage, & wonderful mountain views from the large deck. Nice landscaping! Must see! Tanya L. Clokey 505.670.5154 #201101848 $219,995
ColdwellBankerSantaFe.com
16 N O VE M BE R 2 0 11 H O M E
ColdwellBankerPreviews.com
youtube.com/ColdwellBanker
Las Placitas Compound now half sold

here is not a heck of a lot of new-home construction happening in Santa Fe these days, but Las Placitas Compound would be noteworthy even if the market was hopping again. The project is being developed on a prime site on Garcia Street, in the middle of the citys fiercely protected Downtown and Eastside Historic District. Needless to say, the six homes Doug McDowell and Jim Satzinger are building there will fit into the neighborhoods dominant architectural theme. Since buying the 1.25-acre parcel in 2008, three homes have sold. All six are aimed at qualifying for the U.S. Green Building Councils Leadership in Energy & Environmental Design (LEED) Gold certification. At the site on a late-October afternoon, Realtor Kevin Bobolsky, Santa Fe Properties, pointed out a solar generator that workers are using to power the masonry saw, cement mixers, and other tools. At the front of the 1.25-acre lot on Garcia Street are piles of stones that were scraped off the site during groundwork for the construction of the houses. Were recycling everything, Bobolsky said. These are all being used for landscaping at the homes. Other green aspects include 4-kilowatt photovoltaic and solar-thermal panels on the roof; high-density insulation on hotand cold-water lines; lots of natural light from windows, clerestories and skylights; and a rainwater-catchment system with cistern storage and drip irrigation. LEED just gives you a better product in the end, McDowell said. If the house, and every piece of the house, doesnt have a good story, you probably shouldnt buy it. This story starts with the raw materials, where they come from, the companys commitment to the environment, and how the people who make it are being treated. Its getting away from it all being about just what it looks like. The homes range from 1,400 to 4,000 square feet and are priced from $1.2 million to $1.8 million. If you buy one of these houses, you also get a healthy stack of warranties and manuals, including a few thousand photographs from the construction, showing everything thats under the slab, in the walls, and on the roof. You also receive special training, for
By Paul Weideman
example on how the solar systems work and how to use the energy recovery ventilation system. These houses are designed to work very well. Owners can expect to earn electricity credits in the summertime, and to qualify for renewable-energy tax credits. Theres also plenty of beauty, for example the master-bathroom shower fitted in gray-green travertine, and interior walls finished with elegant American Clay. These walls are beautiful in the way light hits the surface, because its not so perfectly flat, there are little shadows and tiny imperfections so you get a light thats more natural and muted, not glaring, McDowell said.
James Satzinger and Douglas McDowell
Human scale and usability are of primary importance in these homes. And a current emphasis on aging in place or universal living is part of whats happening at Las Placitas Compound. The entire house and patio is on one level, and there are wide doorways throughout and a
turnaround space in the master bathroom to accommodate wheelchairs. Universal design is something that we incorporated into the overall scheme, Satzinger said. Also we have what I call the cool roof system, which is a mini-attic above the ceiling insulation. Out on the patio, he pointed to a long, thin vent along the top of a window. Cool air is drawn up the outside of the building envelope and across the top of the trusses, over the insulation, which is R-50 to 60. The point is to make the air temperature only about 20 degrees warmer on top of the insulation than it is in the room. Its all about making the house a shading device rather than a reflecting device, and thereby eliminating the need for refrigerated cooling. The walls are built using Faswall blocks by ShelterWorks. These insulated concrete forms made of wood chips and cement are ideal as a strong, efficient construction method and as high-design insulation that minimizes temperature swings in the house. The houses boast custom cabinets by Paul Baglione, wrought-iron work by Cameron Stoker, wall finish by Javier Lath & Plaster, tilework by Hunter Tile, hydronic solar by Solar Skies, and photovoltaics by SolarWorld. Living room ceiling planks and beams are from standing-dead fir harvested sustainably in Montana. The wood has a nice, dark color but its not from staining. McDowell described a nontoxic treatment process involving vinegar and steel wool,
which react with the tannin in the wood to turn it dark. The same technique is used for wood elsewhere in the house, and in the courtyard portal. In these exterior spaces, the patio paving (permeable to allow rainwater to soak into the ground rather than running off) extends beyond the line of the portal roof, a European design aspect, McDowell said. Also in each courtyard are a fireplace, iron vine anchors in the enclosing walls, a water wall feature made of river-rock, and xeriscape plantings. Rainwater flows from canales to catchbasins, hard-piped into a 2,000-gallon cistern. If that overflows, the water drains to the lowest lot on the property, where theres a 100,000-gallon, underground evaporation system. McDowell founded his own construction company in 1974. Satzinger is principle of Satzinger Design Inc., founded in 1973 in Santa Monica, Calif., and with an office in Santa Fe. The concept of their collaborative project on Garcia Street is expressed in one quite long sentence at www. mcdowellsatzinger.com: Our challenge at Las Placitas was to design and build a LEED-certified infill project that would use a minimum of nonrenewable energy and produce a minimum of pollution while enhancing the health and safety of the people that live and work there, and to do so while respecting and adding to the historic nature of the Santa Fe Historic District and our established neighbors.
HOME NOVEMBER 2011
17
Keller Williams newest player in town

By Paul Weideman
Our focus is on the agent first, through training and coaching, technology and marketing, and on our culture, which is an agent-focused model. Answering questions inside the building that formerly housed Prudential Santa Fe Real Estate, Dee Dee Trosclair of Keller Williams Realty, Inc., seemed to use the terms agentfocused and agent-centric in just about every sentence. And that encapsulates the difference between this company and others, she said. Most real-estate companies see themselves as the brand, where we see our agents as the brand. Trosclair is KWs regional director in New Mexico. The head of the Santa Fe office at 510 N. Guadalupe Street is Bruce Milner, who is spending time away from his home in Memphis to launch the office or market center as Keller Williams calls them. Smokey Garrett from Arlington, Texas, is our operating principal, our owner, but we do have other investors who are local, Trosclair said. Judy Camp, who was the president of Prudential Santa Fe Real Estate, is the new franchises qualifying broker, temporarily. Shes been helping with the transition but she will be in sales, by her choice. Yes, listing and selling property, Camp said. Its really what I love. This is a real high, if you want to know the truth. I did a lot of research about Keller Williams before I ever talked to them about coming here. You needed to have a different business model. Its not the company and then the broker; its the broker and then the company, which is totally different. The owners share their profit. Its just really fun. Im a business person and to me it makes total sense. Prudential Santa Fe had about 70 agents when it closed in August. Milner said 12 to 15 of them left at the beginning of the transition. We will be near 60 agents by the end of November and were targeting between 90 and 125 at the end of our first year, he said. Keller Williams has another market center in Espaola and two in Albuquerque. Santa Fe just happens to be market center number 900 for the company that was
18 NOVEMBER 2011 HOME
PHOTO BY PAUL WEIDEMAN
On the front steps of Keller Williams Santa Fe: Dee Dee Trosclair and Bruce Milner
founded in 1983 and is headquartered in Austin, Texas. KW cofounder Gary Keller is chairman of the board and chief visionary. He and his writing team are the authors of The Millionaire Real Estate Agent (2004), SHIFT: How Top Real Estate Agents Tackle Tough Times (2008), and Green Your Home (2011). In about 1992-1993, the franchise really exploded, Milner said. Today were number two, behind only Coldwell Banker. The nice thing about our franchise is it is individually owned. Were an international
company now, yet we have a very specific purpose in the local market, so Gary is very driven by local market dynamics. In a late-October telephone interview, Trosclair went into some detail on the difference between KW and the traditional real estate office, as she referred to all others. Were a company based on systems and models, so we are also very agentcentered. They have a say in the company through the associate leadership council, which is like a board of directors. Each Keller Williams market center has an
associate leadership council comprised of the top 20 percent of the agents based on production. All of the agents are stakeholders in the company and we profitshare. She said Keller Williams generally does not hire people from outside industries to run the company, preferring to grow leaders from within. Most firms see themselves as the reason why buyers and sellers are doing business with the company, but we see ourselves as the support behind the agents, because the agents are the reasons why people are doing business with Keller Williams. How lucrative is this different structure for the companys agents? We have a capping system, she answered. The agents pay in a certain amount and then they cap for the year. So they have the ability to earn a lot more of their commissions. Its based on production. Our mission statement is a career worth having, a business worth owning, and a life worth living, so the more money they keep, the more opportunity theyre going to have to fulfill that mission. Sustainability is a priority for KW, according to its website. Its offices have the technology to be paperless, although Trosclair admitted there are still agents who are not quite there. Also, we use the marketing program eEdge that has an esignature program where they can generate a contract, but the mortgage companies are still requiring hard copies of contracts. Keller Williams is not specializing in particular segments of the real-estate market. Were doing all price ranges, from entry-level to luxury. In fact, our first luxury referral that came in to KW Santa Fe was a $6 million lead. The company supports agents having their own websites. Similar to one of the competing firms in Santa Fe that is known for Sothebys blue, KW people are expected to exhibit some allegiance to another part of the spectrum. We have a beautiful KW red that you can buy in Sherwin Williams, but we offer a lot of flexibility as long as youre using at least 50 percent of the Keller Williams red in your branding, Trosclair said.
SANTA FE
SantaFeProperties.com
PROPERTIES
SantaFe.com LuxuryPortfolio.com
3900 Old Santa Fe Trail
Authentic double-adobe home off of the famous Old Santa Fe Trail. Three bedroom, two bath on beautifully landscaped 1.5 acres. The kitchen has been remodeled with granite counters and breakfast nook. Home has many extras including oversized master bedroom with separate sitting area and fireplace, garden room, wine cellar, and views from patios on east and west side of the house. #807479 $1,100,000
540 Camino Los Altos
Enjoy stunning panoramic views sitting high above Estancia Primera! Just minutes from downtown via outdoor trails and hidden behind courtyard walls, this stylish, pueblo style home offers a warm, spacious living area with all the Santa Fe extras including a gourmet kitchen, plaster walls, vigas, tile floors and kiva fireplace. #201104608 $990,000
Jim Weyhrauch
Mobile: 505.660.6032 Direct: 505.984.7323 jimw@sfprops.com
Associate Broker
WEYHRAUCH WRIGHT
&
Dan Wright
Associate Broker
Mobile: 505.670.0779 Direct: 505.984.7332 dansfp@hotmail.com
Matthew Sargent
Direct: 984-7393
3101 Old Pecos Trail 510
Immaculate, completely remodeled Casita at Quail Run. Recent and tasteful remodel of kitchen and baths with superb finishes throughout this most charming casita, very close to the clubhouse and amenities.
MLS #201101404 $595,000
Matt was by far the best Realtor we have ever worked with. He is extremely professional and knowledgeable. mateosargent@earthlink.net www.MatthewSargent.com
dramatiC Hilltop residenCe
35 Camino Quien Sabe PRICE REDUCED!
Tremendous views from this impressive mountain top residence. Classic Santa Fe style home has 18 ceilings in the main living room, a central stone fireplace and large picture windows; there is a separate and spacious family room with a woodstove, and a separate office/library.
MLS #201006401 $749,900
Buyer client
Cell: 490-1718
remodeled, turn-key Casita at Quail run
museum Hill residenCe witH HuGe Views

1877 Conejo
Gorgeous home in the Museum Hill area with spectacular city and mountain views. Guest bedrooms are well separated from the Master Suite. Fabulous cooks kitchen with stainless Kitchenaid appliances, granite counter tops, and huge pantry.
MLS #201100556 $1,050,000
GorGeous Contemporary witH Great Views!

1204 Ojo Verde
Stunning Contemporary residence with tremendous city light and mountain views, perched high above the city, in Sierra del Norte. Fabulous gourmet kitchen with cherry wood cabinetry, large center island, and a comfortable gathering room with a fireplace.
MLS #201102786 $1,795,000
1000 Paseo de Peralta, Santa Fe, New Mexico 87501 505.982.4466 800.374.2931 SantaFeProperties.com
ProPerTieS
SantaFeProperties.com SantaFe.com LuxuryPortfolio.com
234 and 236 n. Guadalupe $260,000 / $270,000 Great downtown location very close to the Plaza, shops, restaurants and museums perfect as a 2nd home or investment opportunity. Legal to rent short term. Zoned BCD which also allows use as a gallery, office, retail shop. etc. Professionally renovated adobe with upscale features including wood floors, plaster walls, kiva fireplace and central air. MLS #201101213
SanTa Fe
1006 sierra del norte $1,195,000 Three year old 4 bedroom, 5 bath Sierra Del Norte, Santa Fe style beauty. Wood floors, plastered walls, high ceilings, granite countertops, huge master suite with sitting area and private deck. A full wet bar designed for the perfect entertainment space that opens up to an outdoor deck and patio to enjoy the Santa Fe weather and sunsets. MLS #201104726
15 raBBitBrush road $1,595,000 A stunning blend of architectural design and expert engineering create this fabulous contemporary masterpiece sited on over two acres with panoramic views. The central entry courtyard enhanced by a water sculpture is surrounded by dramatic walls of glass that create a gallery space perfect for large works of art. MLS #201103911
470-0639 dermotmonks@aol.com
dermot Monks
72 Grey Wolf $1,950,000 This sophisticated custom contemporary home features dramatic architectural design and is beautifully sited overlooking the 17th green in Las Campanas, with fabulous panoramic mountain views. Pumicrete construction with quality finishes, upscale features and impressive detail throughout the main and guest house. MLS #201100646
County road 84-d 62aB $5,000,000 Large compound on 37 tranquil acres situated for the ultimate in privacy. Enjoy the 7000 triple adobe main house with a 4000 sq.ft. 3 bedroom, 3 bath, gourmet kitchen guest house with gourmet kitchen. Two separate guest casitas, workshop, swimming pool, Sangre views, two pre-moritrium wells, 8+ acre feet water rights, 8+ hours acequia rights. MLS #201000703
820-2224 bonniemart@aol.com
Bonnie Beutel
H ope S tanSbury 505.913.1410 hopefor5@aol.com

This exquisite custom home, both warm and contemporary in style, was built by Tuscan Builders. It boasts an open concept for entertaining, beautiful finishes throughout, and a kitchen that will please any discerning chef. Stylish with an air of refined elegance, it features a lovely master suite with a wood-burning fireplace, hand-hewed beams, travertine floors, hand-troweled wax finished clay walls throughout and sweeping views of the Sangre de Cristo Mountains. Built and crafted with integrity and attention to detail. $1,097,000 MLS #201103554 Contact Hope Stansbury (505) 913-1410
2967 Broken Sherd Trail in Monte Sereno
Nestled amongst 11 acres of pions, this condo is a part of Santa Fes renowned Ft Marcy Compound. Investment opportunity or a private get-away in the middle of it all!
MLS #201100095 NEW PRICE $289,000
320 Artist Road #26
A beauty in Park Estates with views of the Jemez and Sangre de Cristo mountains. This outstanding home is bound on both sides by a lovely eight-acre park.
MLS #201104572
9 Via Pampa
$945,000
Country home with views from every room on 9.97 +/- horse friendly acres. Three bedrooms, an office and 2 baths, a private well, water conditioner and 2-car garage.
MLS #201102070 $482,000
46 Pueblo Road
Lovely condo 5 blocks from the Historic plaza nestled amongst the pinons of a lovely 11 acre compound. Interested in an investment property that has rental income potential.
MLS #201102978 $384,900
320 Artist Road #44
Vee Bybee
505.577.6499
Lisa Bybee
505.577.6287
SANTA FE
N OR IO T CEOP FI OF BR H 5T
PROPERTIES
SantaFe.com LuxuryPortfolio.com
NE W I PR CE
model home open daily 11-6 new homes in la pRadeRa suBdivison

Community College distRiCt City wateR Community seweR system
set on a hilltop
niCely landsCaped outdooR living

Great floorplan for both entertaining and comfort. Formal living/dinning areas with separate family room. Kitchen has breakfast nook and built in desk. Master Suite has jetted tub and ex-large walk in closet. Kiva Fireplace, Vigas, Accent painted walls, evaporative air, radiant heat. MLS #201104386 $429,500
84 Canada del RanCho
Stunning unobstructed mountain views off wrap around portal. Santa Fe style features with, wet plaster walls, vigas, beams, corbels, hardwood floors, kiva fireplace, cultured stone and 10-12 ceilings. Outdoor cook center, waterfall pond, landscaped. MLS #201104197 $950,000
22 ChoColate floweR CiRCle
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.
EW
I PR
CE
8 BosqueCillo Sunflower Model Home. 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. MLS 201102625 $325,000 SUNFLOWER MOdEL HOME. 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 on one side of the home and the luxurious master suite on the other. 19 CaBallo viejo (Home to be Built)
1856 +/- sq. ft. 3 bedrooms PLUS Office or 4th bedroom option. 2 baths. Kiva Fireplace. Carpet and tile flooring. 2 Car Garage (3 car optional). Front area landscaped with drip irrigation system. Energy Efficient. MLS 201102620 $295,000
Beautiful sun filled home

Newly updated and remodeled situated on large corner in cul de sac located in Villa Caballero II. Freshly painted, new carpet, 4-car garage, new light fixtures and new Pella Windows. Remodeled bathrooms. Stuccoed and roofed within last 5 years. MLS #201102822 $275,000
gReat CommeRiCal oppoRtunity

Great commercial opportunity in the Heart of Espanola Commercial district. This property consists of three buildings: Main building contains 3850+/- sq ft with loft area and has all utilities. Garage/warehouse building is unheated, no utilities, contains 1584+/- sq ft. MLS #201102299 $395,000
2809 Calle Calmo
716 a noRth RiveRside dRive
G IN CT NdTRA PE N CO
28 BosqueCillo (Home to be Built)
supeRB loCation
Superb home near Galisteo Rose Park and medical offices. Minutes from shopping, restaurants and the downtown Plaza. Beautiful hardwood floors, fireplace, jetted bath tub, wood beam and T&G ceilings. MLS #201006291 $289,900
171 galisteo lane
Just minutes from the historic Santa Fe Plaza, newly remodeled kitchen, updated windows, stucco and roof. Sun filled large master bedroom. Hardwood floors, plastered walls, cozy fireplace, and evaporative air. MLS #201005777 $259,000
545 fRanklin avenue
3 bedrooms, 2 baths, 1522+/-sq ft. Carpet and tile flooring. Open concept split bedroom floorplan. Front area landscaped with drip irrigation system. Energy efficient. directions: Richards Ave to dinosaur Trail to Bosquecillo. MLS #201102627 $229,000
land listings
The Pecos River runs through this ideal grazing land in San Jose - San Miguel Co. With water rights and irrigation rights. Mobile homes allowed. Property fenced in. Utilities available. 12.442 ac. MLS #201100570 & 201104027 $295,000
San JoSe - TracT 1
Truly the top lot in The High Summit. 360 degrees of absolutely fabulous mountain and City light views of Santa Fe and Los Alamos. All city utilities. Owner/Broker MLS #201002339 $489,500
LoT 13 HigH SummiT - Price cHange!
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 one (1) acre foot Water Rights. All utilities. Owner/Broker MLS # 201000073 $159,500
10 FranciS Lane
Great building lot with rolling hills, expansive mountain range and sunset views. Horses welcomed. Existing shared well, underground utilities. 5.25 acres. MLS #201102393 $89,500
65 cieLo de oro
BoB lee tRujillo

Direct: 984-7305 Cell: 470-0002 bltbroker@aol.com
Renee BRooks
Direct: 984-7301 Cell: 470-1681 rccbrooks@gmail.com
PROPERTIES
SantaFeProperties.com five Private acres In sunlit Hills SantaFe.com LuxuryPortfolio.com
SANTA FE
Own an IncredIble PIece Of HIstOry In taOs new MexIcO

17 Camino TeTzCoCo
Cape Cod meets Santa Fe! Charming, enchanting home on 5 acres at the end of Nine Mile Road. This home borders the Santa Fe Rail Trail and the Arroyo Hondo, so horseback riding and hiking is just a short distance away. LOTS of light, 3BR, 2BA, 2000sf. Master BR has a kiva FP with a cozy sitting room/den and a hot tub right outside the door. The kitchen is fabulous with stainless steel appliances and designer lighting. Horse stalls w/large fenced corral and ample storage. Partial berm, solar potential. If you want close proximity to the plaza and spectacular views of the Milky Way, then this is the perfect retreat for you!
$535,000
the Millicent rogers estate $7,950,000

The estate consists of 78 acres and more than 8000 square feet of buildings. The main house is built around a center courtyard in the traditional pueblo style. There is a guest cottage, a caretakers home, servants quarters, a stable and a garage with a workshop. The grounds include a swimming pool for entertaining, mature trees that provide a feeling of lushness and fertile green fields that usher in the view of Taos Mountain. There are 3 working wells on the property and water rights which supply irrigation to the fields. A letter of financial ability will be necessary for a tour of the property. #201104330
#201004091
cHERYL dAVIS
505.660.4656
cherylfosterdavis@gmail.com
Val Brier
505.690.0553
valbrier@comcast.net
paul geoffrey
PaulGeoffrey@earthlink.net
505.660.6009
fabulOus sOlar HOMe

wItH Guest HOuse
1039 Governor Dempsey

This stately home is nestled on top of a gentle hill overlooking Santa Fe. Just north of downtown, well thought out, full of charm and grace. Great room inc. dining, living, family area, wet bar. MLS #201103165 $835,000
16 a north Cloudstone Drive
82 West Wildflower Drive

This simply elegant Las Campanas home offers many flexible living choices. There are two master bedroom suites upstairs; one facing south with streams of sunlight flowing in, a kiva fireplace for ambiance and a deck allowing for sunrises and cocktails at sunset. MLS #201102727 $735,000
Extraordinary offering near the top of the world on the dramatic and gated North Cloudstone Drive. Just 4 +/- miles from the historic plaza, this extremely efficient solar home is nestled in the Sangre de Cristo hills and has 180 degree panoramic views south to the Galisteo Basin all the way to the Northern Jemez. Fourteen PV solar panels, solar assisted hot water system, newer roofs and stucco all on a large 10+ acre lot. Fabulous guest house, photography/artists studio and more. Three bedrooms, three baths, 3100 square feet. MLS #201102269 $795,000
TOM ABRAMS
505.920.6402
tabrams@santafeproperties.com
christy Stanley
660-3748
christystanley@msn.com
Susan Kelly
690-5417
susanekelly@msn.com
Oldest street found in Drury hotel dig

cobblestone street that could be Santa Fes oldest was discovered last month by archaeologists digging just west of Marian Hall on E. Palace Avenue. The digs were made in an area that will be excavated for a hotel development next year. Drury Southwest plans to remodel Marian Hall and the adjacent former St. Vincent Hospital as hotels. The survey by the State Office of Archaeological Studies began on Sept. 19. One morning about three weeks later, Gavin Bird, an assistant archaeologist with OAS, was bent over a table on the Marian Hall porch, examining a pile of pottery sherds. This is all Tewa polychrome, he said. Its all 17th century. These are from bowls and other vessels made by Native people for Spanish use. Unlike other recent excavations a block or two west, this one was not expected to turn up anything prehistoric. This site was historically marsh and floodplain before much of the towns surface water was diminished by the construction of reservoirs on the Santa Fe River beginning in 1880 so Native Americans would not have lived here in pre-Spanish times. But the archaeologists did find a couple of significant features dating to the early Spanish period. One was part of a structure they had been calling a vault since encountering it in an earlier test pit. Were pretty certain that its a limeslaking pit for making plaster, said James L. Moore, an OAS project director. The pit may have been used to manufacture plaster for one of the several churches that have been constructed on the site including the Cathedral of St. Francis of Assisi dedicated in 1887 and still in use. The other, and bigger, find was a cobblestone street about four feet below the surface. Archaeologist Guadalupe A. Martinez said it could date to the founding of Santa Fe in the first decade of the 17th century, and it could even be the oldest cobblestone road discovered in the Southwest. Even though, down in the trench they had dug, they were just looking at a segment a few square feet of big river cobbles creating a fairly level surface they figured it was a roadway after using a laser and finding that it crowns in the center, for drainage to the sides. The street
By Paul Weideman
PHOTO COURTESY JAMES L. MOORE
At about four feet down, Santa Fe archaeologists uncovered a cobblestone street they believe may date to the early 17th century
was built by just pounding stones into this clay and once it dried it was really, really hard, Martinez said. This is the only road weve ever found. The trash above it is also 17th-century material, and that includes majolica from Puebla, Mexico, and ceramics from China and Native ceramics from around here. Wait - a trash layer? All this black stuff in this layer is 17thcentury garbage, and its black because of charcoal, Martinez said, pointing to a dark layer in the cut. Besides cooking debris, the dirt holds pottery pieces and animal bone. Theres an old Santa Fe tradition
of throwing trash in the streets. There are reports from the 1700s about garbage in the plaza and in the 1880s the womens league was condemning the city for this. My familys been in Santa Fe for 400 years. This is probably my cousins trash, he quipped. Nobody knew about this street until I found it over in that corner in 2008. We had all kinds of magnetometers and groundpenetrating radar but theres so many electricity lines and sewer lines, they didnt work. So it was serendipitous. Moore elaborated that OAS had earlier dug two test pits. Over here near Palace
we found a layer of cobbles and pebbles and we thought it might be a room or a stable, he said. It wasnt until we opened this much up and found that its crowned and in a location where a 17th-century road had been conjectured to exist that we could really see what it is. Their excavation showed a series of layers. Deepest was fine, clean alluvial sands from a riverbed or flooding from the Santa Fe River. Next are the road cobbles. Above them is a thin layer of cienega clay, then the thick trash layer. Then most of the top three feet is debris from leveling activities following an 1896 fire. That blaze claimed the St. Vincents Sanitorium that the Sisters of Charity built on the site of todays Marian Hall. It might seem strange that such a record of history would be covered up, but that was the plan: dig, sift dirt for artifacts, record everything, and rebury it. The site, after all, is private land on which hotels are being developed, not a museum. Covering it protects it, Martinez said. Weve taken a lot of artifacts, a lot of dirt samples, and it will be made into slurries then run through a series of sieves, then the finds go to our ethnobotany laboratory. Wed really like to find grape seeds, because the Spanish supposedly brought a certain species of grape for wine. The old street appears to go at an angle. One possibility is that it was a predecessor of Otero Street that crossed Palace Avenue into the church area. However, the oldest map of Santa Fe is the Urrutia map (drawn in 1766, perhaps a century and a half after this street was created) and it only shows planted fields on the north side of Palace. So it is likely that the easement followed by Otero was not developed until later. Another idea is that the old cobblestone street angled off from Palace Avenue to a church on the site. In Sanctuaries of Spanish New Mexico, authors Marc Treib and Dorothe Imbert quote George Kubler in The Religious Architecture of New Mexico (1940) saying a rudimentary jacal chapel existed on the site as early as 1610. The Franciscan prelate Fray Alonso de Peinado supervised the construction of a more durable structure, but it didnt last very long. By about 1630, a permanent church had been built under the direction of Fray Alonso de Benavides. In fact, it is a logical possibility that the cobblestone path, which Martinez said was
RENDERING COURTESY BRIAN NENNINGER
An architectural rendering offers a view of the Drury Plaza Hotel to result from the remodeling of the old St. Vincent Hospital
constructed sturdily enough to support heavy carretas, could have been laid to convey building materials from Palace Avenue to the site of that church built in the 1620s. The archaeologists left most of the old road stones in place. The cobbles themselves are just rocks, Martinez said. Theres nothing on them that will tell you anything. You cant carbon-date anything. Maybe, maybe there will be a couple of metal adhesions from horseshoes on them, but that doesnt tell you much, either. Were documenting everything, then it will be reburied and thats it. The excavations were filled in on Oct. 21.
Drury had to do this survey, but doing it to this extent was elective, Martinez said. They were as curious as we were. Theyve been great clients. Drury has planned for several years to undertake a three-phase project: conversion of the century-old Marian Hall into a 30-room boutique hotel; renovation and expansion of the 1954 St. Vincent Hospital building as a hotel; and the construction of 60 casita suites. The company just finished another historic remodel on a 90-year-old hotel in Wichita, Kansas. The grand opening for the 200-room Drury Plaza Hotel Broadview took place on Oct. 19. Now the company can concentrate on Santa Fe.
Concrete shoring forms for the Drury project stacked next to the boiler building behind the old hospital
Were starting to assemble our crew for Santa Fe, said company spokesman Brian Nenninger. Weve got a crane ready and we have our first building permit into the city, and well probably have another one coming in January. A year ago, he thought they would start with the smaller project, Marian Hall. Now the company plans to do the big project first: developing 181 rooms and a restaurant in the hospital building. The old boiler building with smokestacks nearby will be developed as a meeting room, although Nenningers personal preference is for a brewpub. Construction should begin at the site in December or January. Two of the first items on the program are utilities work and removal of the bridges or ambulatories that were added between the hospital and Marian Hall, probably in the 1970s. The city has given us the go-ahead to remove those links. It was actually encouraged by the city because one of the nicest facades is the chapel on [the east side of] Marian Hall. At one time it had stainedglass windows. We have the drawings that show the designs, although we dont have the colors, and I think were going to figure out a way to put that back together as a meeting room/chapel. Its the jewel on the site. There have been stories about ghosts in the old hospital. The long-abandoned buildings basement, which once included a morgue, is pretty darn creepy (this writer was there just before midnight a few years ago), but sightings of the rumored ghost
of a young boy in Room 311 have been spotty. Ive been in there all hours of the day and night and Ive never experienced anything, Nenninger said. But we had some folks filming up there a couple years ago and, according to our maintenance man, two gentlemen who were setting up came running out of the building. They said they heard the sound of running feet in a hallway and one of them said he saw a little boy running around a corner. They were scared! One of the organizing principles in the plans is a promenade that thematically extends the central path in Cathedral Park through the Drury project. Nenninger said his company will do a lot of work on the Palace Avenue facades within the guidelines of the downtown historic district. The aim is for a fairly highend hotel that is modern and comfortable but fits into the area. Its not well known that we came into this business to do select-service hotels and its still our bread and butter but that in the last eight years weve gotten into the full-service business, and Santa Fe will be the sixth or seventh of those. These hotels are closer to Hiltons and Marriotts, several steps above like what we have on Jefferson Street in Albuquerque. We should be open in January 2014 on that major part. It will look like the project is complete, with the exception of the Marian Hall exterior, because were doing a promenade. The entire five-acre site will look finished.
HOME NOVEMBER 2011
25
Mortgagematters
Interest rates remain amazingly low

Who would have guessed? Interest rates are continuing at a low mark not seen since the 1950s. A 30-year fixed rate is at 4 percent and that is without any points or origination fees. And look at the 15-year fixed rate! I just closed a loan at 3.375 percent with no points. Jumbo adjustable rates also are very low, saving thousands of dollars for borrowers. A 5year adjustable-rate mortgage (ARM) for a large jumbo is as low as 3.125 percent. Unbelievable. Why are these rates continuing so low? Is it the U.S. economy? The Federal Reserve? The European economy? Yes, all of these have contributed to the most unusual mixture of economics ever seen in our lifetime. All rates will continue low through 2012, in my opinion. As we enter into a big presidential campaign year, very little will change in terms of solving the high unemployment or changing the Federal Reserve policy of expanding our money supply. The countries in Europe, I expect, will not be solving their economic problems either between now and the end of 2012. Therefore, as a result of really very little change in the economy, interest rates should remain very favorable through the end of next year. So look for low rates to continue, and for the opportunities to purchase real estate with inexpensive money in Santa Fe to abound. Realtors and purchasers are pleased with this prospect of plenty of money and low rates for qualified borrower. Low interest rates represent the best contributing factor toward stimulating the housing sector of our economy. National lenders find their balance sheets with huge amounts of money for home mortgages. Lenders are cautious. They are beginning to require what are called overlay rules for underwriting. An overlay rule is one where the additional requirements are on top of or in addition to the Fannie Mae requirements that determine loan approval. Borrowers need to ask and learn about these overlays when applying for their loans. Lender underwriting rules are becoming very complex and not very logical, particularly for borrowers who are not straight salaried-income people. For example, several borrowers who are retired in Santa Fe with several millions in savings had difficultly because their assets were in individual accounts and not in retirement accounts. Not much common sense these days in underwriting! Another overlay example is a second appraisal to support value. Asking the borrower to verify the source of all deposits to his checking accounts in the last 60 days has even become a normal request. The low interest rates are there for all to enjoy. Buyers, Realtors and sellers all stand to benefit from these unusual times.
JIM GAY
But start the mortgage-loan process early and accept that paperwork requirements will seem unusually excessive. Jim Gay was a real-estate broker for over 20 years and has consulted for Fortune 500 companies. He is currently broker/owner with Home Buyers Mortgage, Inc. (505-9869080) in Santa Fe and can be reached at jim@ jimgayhomemortgage.com .
A FAMILY
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Live the Resort Lifestyle...

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Walt Chapman started Chapman Company in 1966. Since then, his sons and daughter have joined the company continuing to build homes the Chapman way . . . with quality and customer service at the cornerstone. Weve weathered economic storms and will be here long after your home is complete.
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H OME N OVEMBER 2 0 11
27
ArtfullivingByDesign
Second time around, Part 2

As I mentioned in the October issue of HOME, the kitchen and bathrooms were clearly the biggest challenge in our house. The storage space was inadequate in these rooms. The brick floors are dark, but in great shape. In renovating the kitchen, we removed the upper cabinets you see in the Before photo. Adjacent to the kitchen was an empty walk-through room from the garage. Perhaps the original intention was a mud room/utility room. Inside this room was a walk-in pantry, which is great. In the kitchen, the lower cabinets originally consisted of the typical doors with a single fixed shelf inside. I designed the lower cabinet area to consist of very large drawers; this feature is much more functional. This increased function and saves the knees! I store pots and pans, serving dishes, colanders and mixing bowls. The contents of the drawers can be seen at once glance. I love it! We increased the functionality of the kitchen and gained three times more storage by adding cabinets to the walkthrough room from the garage, thus creating a butlers pantry complete with upper and lower cabinets a wine cooler. We added a ceiling-suspended pot rack, hung art on the walls, and now enjoy added storage space and a great place to stage our dinner parties.
LISA SAMUEL
Before
AFTER PHOTOS COURTESY AMADEUS LEITNER
Kitchen today
The heavy brocade texture on the walls and ceiling was a huge and messy challenge. There is no way that skipping this step was an option. A skim coat of drywall mud is rolled onto the walls, left to dry, then sanded smooth repeatedly until the walls are velvety smooth. This can take up to four layers. We added recessed lighting in the family room, kitchen and dining room to achieve layers of lovely lighting that serves our needs for task lighting and for
wonderful dimmed light for entertaining; this casts a beautiful glow and highlights art. I increased the size of the arched openings between the living room and dining room, and squared them off for a more open, contemporary look. I also opened up the wall between the living room and family room to create an airy feeling that works great for entertaining and for bringing more natural light into the family room. We selected yellow birch flooring with a
walnut stain for the dining room and living room, replacing the ghastly carpet. The original brick floor in the entryway, family room and kitchen still remains. The faux beams in the family room were removed and windows and doors replaced (choosing sliding glass doors to bring the outdoors in and create a lovely flow to outdoor areas.) The fireplace was updated by plastering over the brick faade with white Venetian plaster, and framed with a stainless steel
band. The brick hearth was covered in a modern porcelain tile with small metallic flecks, reflecting the stainless surround, and the brick mantle was covered with an oversized wood mantle made of alder and stained dark. Of course the walls are graced with art and objects of art are displayed on pedestals; one of our favorites is from Jay Etkin Gallery in the Railyard.
Before
Family room today
I think you will agree that we created a beautiful space with a warm and inviting feel to enjoy for many years to come.
Lisa Samuel ASID, IIDA is a Santa Fe native and is owner/president of Samuel Design Group, located in the Railyard Artyard lofts. She is an award-winning interior designer (licensed interior designer #313), a lighting designer, and furniture designer.
28
NOVEMBER 2011 HOME
AUCTION
FINAL OPPORTUNITY
SANTA FE, NM LOW MINIMUM BIDS FROM $65,000 DISCOUNTS UP TO 61%
11
DEC
LAST 30 CONDOMINIUMS
WED THRU FRI, 1PM-7PM & SAT & SUN, 11AM-3PM
OPEN HOUSES
LUXURY 1 & 2 BEDROOM RESIDENCES

Sampling of Available Units
UNIT NUMBER
307 147 220 340
BED / BATH
1/1 1/1.5 2/2 2/2
SQUARE FEET
645 874 1,171 1,275
PREVIOUS PRICE
$165,000 $199,000 $265,000 $274,000
MINIMUM BID
$65,000 $80,000 $105,000 $115,000
SLASH IN PRICE
61% 60% 60% 60%
www.SantaFeCondoAuction.com
800.315.2199
29
SpousessellingHouses
Recovery is on horizon
Last month, we went to Austin, Texas, for a national real-estate conference and met brokers from all over the country. The majority were thoroughly amazed when we spoke of our market and the current difficulties. Most we conversed with had markets with an average selling period of 90 days. Sure, they had short sales and foreclosures, too, but their markets were far improved. Since we rely heavily on our feeder markets and Santa Fe was the last to feel the decline, we saw this as a sign that we, too, will be on the mend. The Santa Fe Association of Realtors recently published its 3rd quarter statistics, so its time again to look at the numbers. While the summer is believed to be the best time to sell real estate, the wildfires kept buyers at bay. Both closed sales and pending sales were down slightly from the same time last year but new listings were down, too, with 687 properties listed versus 816. Also improved was days on market at 224 for the 3rd quarter versus 243 for 2010. The average sales price was $453,823, which was a 3.8 percent increase over the prior year. While the median sales price dropped a fraction (1 percent), the average sales price tells us that the entire market is recovering. For the different city areas, the big winner in activity goes to Southeast City Limits with a 54 percent increase in closed sales and a 34 percent reduction in overall inventory. Our runner-up was the Airport/ Agua Fria district with a 27 percent increase in closed sales and a 9 percent reduction in inventory. With 90 homes still available on the market and a median sales price of $183,100, it is no wonder that Santa Fes housing affordability index has increased to 107, an all-time high. The Northeast City Limits saw a 9 percent reduction in new listings and an increase in the median sales price year to date (YTD) of $560,000 over $517,500 for 2010. Southwest City Limits saw a reduction in new listings to 315 properties versus 400 for 2010. Here, the median sales price declined to $207,000 from $225,000 from the previous year. The toughest area in the city, Northwest City Limits, had a 20 percent increase in new listings and a 26 percent drop in closed sales. The median
MELISSA PIPPIN-CARSON ROGER CARSON
sales price YTD is $266,000 down from $340,000 of 2010. For the county, the busiest area was Las Campanas with a 76 percent increase in closed sales YTD. However, the median sales price here has plummeted to $860,000 from $950,000 from the previous year. The areas surrounding Las Campanas had a 26 percent reduction in new listings but a 7 percent drop in median sales price to $637,500. Tesuque experienced a 50 percent increase in closed sales but a 12 percent decline in median selling price to $695,000 from $792,500 from 2010. Old Las Vegas Highway and surrounds had a 31 percent increase in closed sales and a decline in new listings. The median sales price here was $345,000. Highway 285 had a reduction in new listings but a drop in closed sales. The median sales price was $402,000. Eldorado has been consistent in closed sales YTD with a small drop in median price to $319,000. Inventory here hovers around 10 months. The area of Rancho Viejo saw a big drop in new listings and a 16 percent drop in closed sales. The median sales price increased 4 percent to $295,000. Southwest County had a 17 percent increase in median sales price to $280,950 but the inventory here remains high at 26 months. It will be worthwhile to look at the numbers again in a couple of months to see how Santa Fe finishes the year. While not all good news, there is certainly evidence that the market is improving and that is the best news! Roger Carson and Melissa Pippin Carson are Realtors Carson & Carson at Keller Williams. Call them at 505-699-3112 or email them at twicethesellingpower@gmail.com.
31
Commercial market: not all bad news

ooking at the commercial real-estate market, whats big and new in the last year in Santa Fe, besides the Walmart Supercenter? Not a whole heck of a lot, said Anthony Johnson, president of Pegasus Retail. It was a very quiet year in Santa Fe, not unlike in the rest of the world. We had probably a half dozen new names appear in our restaurant landscape in Albuquerque and its typical that 12 to 18 months later they start to look at Santa Fe. Is there anything behind the rumor that Costco is coming in? Theyre veen looking at the Santa Fe market for five or six years. Are they going to do something in Santa Fe? Yes, eventually. Theres all kinds of good stuff on the horizon, Johnson said. Im working on a half dozen very significant transactions of 10,000 square feet and above. They will come to fruition eventually, but we have cloudy skies. Developers Ken and Deena Joseph, with consultant Don Wiviott, expect to begin work in December on a mixed-use project called Luna at the old Healy-Matthews site, 515 Cerrillos Road. The development will define the gateway to downtown Santa Fe by building upon the streamline architectural elements of its original use as a DeSoto car dealership, becoming an urban focal point, according to materials provided by the Josephs. The project features units that can flex back and forth over their life from office and commercial to loft uses. On the design team are Praxis Design/Build and Wood Metal Concrete Architects, with landscape design by Serquis & Associates. Davenport Construction is the contractor. The first phase of Luna is 63 percent pre-leased. Tenants include a gourmet international market, one of Santa Fes best-known coffee purveyors, and a bookstore. A big loss to Santa Feans (and other Americans across the country) is the demise of Borders Books. Johnson
By Paul Weideman
RENDERING COURTESY KENNETH D. JOSEPH
Work should begin in December on the Luna mixed-use project at the former Healy-Matthews site
A new restaurant under construction at Cerrillos Road and Christos

said the small Borders space at Plaza Santa Fe should lease pretty quickly, but the big one downtown is another story. Lucky Bean Coffee House & Caf is in there, in the same space Borders served coffee. Boulder, Colo.-based GoLite Direct did popup appearances in the spring and from mid-September to mid-October to sell inventory, said Karen Mondragon, Sanbusco Center property manager. The only other prospect is Santa Fe Artists Market, which sponsors sponsors outdoor juried art exhibitions at the Railyard Park and Cathedral Park. This winter they will have booths like they do across from the Farmers Market, Mondragon said. Theyll be here from 7 to noon on Saturdays, January through March. During the past year we also have a new tenant, Rock Paper Scissor, that opened in August. Thats a hair salon and they do manicures and facials. And Teca Tu expanded. Regarding the big hole at the end of the mall, were out there looking. It will be a while. Lucchese is new on the Santa Fe Plaza this summer, coming into a storefront that was vacant for more than a year after the departure of Eagle Dancer. Lucchese moved from its longtime location on Water Street. But other Plaza-area spaces are alarmingly vacant. PHOTO BY PAUL WEIDEMAN Among them are a building next to Coldwater Creek in
prime territory on San Francisco Street, several in the newly renovated Lincoln Square building at the corner of Marcy Street, and at least five spaces east of the Plaza on East Palace departures there include Rancho de Chimayo Collection, Posters of Santa Fe, Onorato, and Crown Jewels. Newcomers in that stretch include Stan Nachez Studio, Samurai museum-quality arts and antiques, Le Gem Boutique, and La Casa Sena Wine & Spirits Shop. A significant hotel project by Drury Southwest (See story on page 24) will be under construction soon at Palace and Paseo de Peralta. A pair of rare (these days) new buildings in the central section of Cerrillos Road were for Amigo Tire and Taco Bell both businesses moved a few blocks south from their former locations. Duty & Germanas Architects has several project in the works. One is a new restaurant going up at the corner of Cerrillos Road and Christos. Another is a new building for Little Caesars Pizza on Cerrillos Road next to Long John Silvers. The Plaza Caf Downtown, serving good food since 1905, is still closed after a fire damaged the kitchen 14 months ago. But Leonard Razatos, one of the brothers who own the restaurant, said they hope to reopen in February or March with a brand-new kitchen and a bigger dining room. In other good food news, the venerable Palace Restaurant is up and running with new management. Plaza Real changed to Hotel Chimay de Santa Fe, expanded at the northeast corner, and opened the comfortable Tias Cocina restaurant upstairs. Izmi Sushi Bar moved from St. Michaels Drive to 105 E. Marcy Street. Whole Hog Caf moved from Cerrillos Road into the former Caf Dominic, 320 S. Guadalupe Street. At press time, signs for Fusion Fire Buffet & Grill had been hung at the recently departed
China Star, 3795 Cerrillos. And, way out at Fashion Outlets of Santa Fe is the fab new French restaurant Caf Vingt Cinq. Business is wonderful at the Outlets, said Ann Ackerman, director of marketing for AWE Talisman Companies, which also manages outlet malls in Las Vegas, Nev., and Niagara Falls, N.Y. Also new in the past year at Fashion Outlets are clothing stores Aropostale, Levis, Under Armour, and Guess. Things have been very quiet this calendar year in the Railyard, according to Richard Czoski, executive director of the Santa Fe Railyard Community Corporation. The proposal for a post-production facility by Masque Entertainment Studios has collapsed after several years hopes. At Market Station [the building with REI and Flying Star], the owners are working on refinancing their project and the city is considering leasing about 22,000 square feet of office space on the second floor. Then they could focus on the second building, which may be developed for a movie theater. The old La Puerta warehouse, approximately 11,700 square feet, in the Baca Area of the Railyard will be renovated and should be occupied by three tenants in the first quarter of 2012. That will really improve the appearance of the project as you come in off Cerrillos Road, Czoski said. At De Vargas Center, Leather Works and Kiva Pharmacy are gone. The space that formerly held Surrender Dorothy is still empty. As it did a year ago, Travelers Market will use the space for a holiday display. Newcomers at the mall include Blush Boutique, a womens clothing store; Rainbow Being/Anurakti, offering facials and inner beauty consultations; and Gold Buyers of America. Denice Sherwin is expected to open Life Vessel at the east end of the mall, joining Renewal by Anderson and Mattress Firm. Genesis Spas and Pool Supply has moved out of its space and into the breezeway next to Albertsons, so that space is empty. Were looking at using that for Travelers Market; theyve been wanting to come inside for a while, said the malls Katy Fitzgerald. We have such a great mix of destination stores that have been with us for years. We just need to go out and find the best of other departments to bring into the mall. We do have two or three spaces that will expand after the first of the year. Christus St. Vincent De Vargas Health Center opened
A depressing sight: inside the former Borders Bookstore at Sanbusco Center
courthouse should feel breezy after the 75-year-old Harvey during the year at De Vargas North. Junior High School building, which was about 60,000 A huge, scary Halloween store was set up temporarily square feet. What will become of that structure when the in the big space left with Mervyns 2008 departure at Santa district court leaves? County manager Katherine Miller Fe Place. The southside mall had no significant retail additions in the past year, according to leasing manager Beth Riebschlager. She did say that Toys R Us and Calendar Club are coming in for the holiday season, and a bridal shop will expand into Santa Fe Place from their location on Airport Road. At Plaza Santa Fe across the street, Vitamin Shoppe came into the former Hollywood Video store. Tuesday Morning occupied a 9,000-squarefoot space next to PetsMart. Southwest Cash & Carry left Coronado Center, but Johnson said its being replaced with a national discount retailer that he said was too early to identify. Pegasus Retail also has property at the corner of Cerrillos and Jaguar Road. Thats being looked at by a few pad users, and one entity is looking at purchasing the whole site for an assisted-living facility, he said. Beaver Toyota did some land work at its new site out by Beckner Road a year or so ago. Hopefully well have a permit by the spring and perhaps then make all the decisions, said Matt Calavan, the companys general manager. We would move the Toyota franchise and we may develop the current location for other needs, PHOTO COURTESY HOPE BAKKER / NMSD but we may also use it for a used-car outlet or do Workers busy on the first floor of the New Mexico School for the Deafs Dillon express service or do a body shop if we dont do that Hall, currently being remodeled at the new facility at the outset. There will be a lot of said funding has been allocated to renovate it. A strong decisions to make. possibility is to use the building for staffers in some other In local bank news, First Community Bank was taken facet of county government who are now in leased facilities, over by U.S. Bank, resulting in sign changes at four Santa she said. Fe locations. With the completion of its new headquarters Work continues in the multi-year renovation program on St. Michaels Drive, New Mexico Bank & Trust vacated at the New Mexico School for the Deaf. Connor Hall 150 Washington Avenue; that space currently is occupied was improved, and expanded, in 2009-2010. By the time by First National Bank of Santa Fe while its Plaza space this magazine hits the stands, the schools 1935 dining is remodeled. When that work is done in January, First hall should have air conditioning thanks to a new HVAC National also leaves its former annex quarters in the 1890 Felipe Delgado House, 124 W. Palace Avenue. The bank has system that is connected to an energy-efficient central plant, according to project manager Richard Gorman. rented space in the Delgado House, which is owned by the Dillon Hall, the primary NMSD high school/middle Historic Santa Fe Foundation, for more than 20 years. school building (built in 1936) is now being fully As of Oct. 17, the financial houses at 208 Washington Avenue and 809 St. Michaels Drive no longer hang Charter renovated. The interior is being completely redone with new mechanical and electrical and information-technology Bank signs, but Washington Federal. The Seattle-based systems and, most significantly, were changing the room bank bought Charter in the late spring. configurations. Back when this was built, the rooms were Two major school construction projects are under way, designed just like traditional classrooms, with kids sitting at Gonzales and El Dorado community schools. Both are in rows. For deaf education, the rooms tend to be closer to K-8 conversions. Work on a new First Judicial District square, which allows the kids to see the teacher and each Courthouse on Sandoval Street was delayed for two years other, Gorman said. That project should be complete by when a plume of soil polluted by petroleum from old gas May 2012. stations had to be cleaned up. John Shepler, Shepler Commercial, was in the middle Now the below-ground garage is done and the building of an acquisition for the Southwest Care Center that he is going up, said Joseph Gutierrez, director of the Santa expected to close about Nov. 1. Theyre now on Harkle Fe County Community Services Department. The new Road and theyre purchasing about 7,000 square feet courthouse is supposed to be completed by December of existing space at a different location in town. Weve 2012. The cost of the building itself is about $40 million. also had nice activity on the former PNM building on Adding in the land purchase, design fees, and pollution Pacheco Street, which is 31,000 square feet on four acres remediation and the price tag is approaching $63 million. of dirt, with great parking. Santa Maria el Mirador has With about 103,000 square feet on three floors, the part of the space, but theyre building their own building
HOME NOVEMBER 2011 33
The new district court building is going vertical after years of planning and remediation of polluted soil found at the Sandoval Street site
near the community college. I expect to have the entire PNM building done in March. It would be ideal for city operations and it would be ideal for the State of New Mexico as an alternative to Las Soleras [the large, multi-use development proposed for the northeast quadrant of the I-25/Cerrillos Road intersection]. This is part of the whole discussion about keeping the state agencies where they are instead of stranding a whole lot of workers in the middle of nowhere, Shepler said. Heres something they can pick up for a little over $100/foot rather than spending maybe $250 plus the land out at Las Soleras. The former Silva Lanes, 33,000 square feet, has been closed for two or three years, but there are a few bowling operators looking at it. Back when times were flush, the appraisal was around $2.7 million and now its down to $1.7 million and change. Weve been aggressively discounting it to the point where it could even be changed to warehouse. Im optimistic something will happen there within a few months. On the commercial outlook, Shepler said, Weve weathered the things that we needed to weather. The
activity is coming back in bits and pieces and its all pretty positive right now. Marc Bertram, who had a great success with partner David Oberstein transforming an old hospital into the tony Hotel Parq Central in Albuquerque, agrees with Shepler about the Las Soleras project. We think that is a huge cloud hanging over the office market, certainly the landlords here do, because as long as the state, the 800pound gorilla, talks about building their own supercomplex out there and moving out of existing space, that would have a ripple effect throughout the market that would be very negative. To compare, Thornburg [Companies] leaving downtown opened up 50,000 to 60,000 square feet and its taking years to crawl back into that. With this state supercomplex, the initial conversation is over 200,000. Its a situation that this market just doesnt need at this juncture. Bertram said about 2,500 square feet of the space vacated by Thornburg at Marcy Plaza has been retenanted. We still have about 10,000 left and were sitting at about 75 percent
occupancy, which is really not too bad in the marketplace. At 215 Lincoln Avenue, another building Thornburg was in, we did individual office suites and were at about 60 percent occupancy there, up about 25 percent from last year. This is mostly just individuals looking for boutique office downtown with parking. David and I are busy running Parq Central, and people in Albuquerque ask me about Santa Fe. Everybody kept waiting for the other shoe to drop but it hasnt, and it never will. I dont believe that we are going to see vacancy rates or property values getting any worse here. If people are sitting on the fence waiting for that other shoe to drop, theyre going to wait a long time. One thing thats hugely better than last year is interest rates, Bertram said. If someone told me wed have 5 or 6 percent interest rates on commercial real estate 20 years ago, Id have said they were crazy, but thats what we have.
OurwaterQuality
Having gratitude for safe water

There is nothing like an occasional reminder of how safe our water is in this country, and this is thanks to guidelines in the Safe Drinking Water Act originally passed by Congress in 1974, and enforced by the U.S. Environmental Protection Agency. Other countries should be so fortunate. We just returned from three weeks in Asia (Myanmar, Cambodia, Vietnam and China) and the only water we drank, starting with the trans-Pacific flight, was bottled water or water boiled for tea and (usually bad) coffee. I am no fan of bottled water, but it really did not bother me that I was violating one of my own principles when I considered the options. In public facilities everywhere we went there were signs indicating that the water was non-drinkable. And even when hotels claimed to have safe tap water, we still opted to drink bottled water, which was widely available and reasonably priced, except at major tourist sites. Even the locals drink only bottled water, or public water they had boiled. Just before leaving the Beijing Capital International Airport, we noticed waterdispensing stations with the label, The water in this machine has been purified to meet the national ((Life Tap Water Health Standard)). That exact language comes from a photo I patiently waited to take when there was no one in the queue. The breakdown of people in line appeared to be about half travelers and about half uniformed airport workers, for whom a fringe benefit was being able to drink safe water on the job as well as take full plastic bottles of this water to their homes. We know that the earth is about 70 percent covered by water, but only about 2.5 percent is fresh water and about 70 percent of that water is tied up in glaciers and ice caps. I do think it is safe to say that anthropogenic effects will ultimately tend to decrease this latter number through
STEPHEN WIMAN
time. Some might argue that water is the new oil, but there are some major differences. Water is returned to the global hydrologic cycle - Location is everything! - and the burning of oil constitutes the loss of a non-renewable fossil fuel with the negative side effects of carbon dioxide emission and acid rain production. The absolute amount of water on Earth is postulated to be relatively constant, but its distribution (particularly on land) is highly variable. Although not without some controversy, many scientists attribute the origin of water on Earth to collision by asteroids and comets after the planet was formed - supported by NASAs interpretation of recent photographs of comets. It seems unlikely that the amount of water on Earth will change. So with a relatively constant supply of water, and a rapidly growing global population (having recently surpassed 7 billion inhabitants) we are in for some changes on a global scale. Purifying our water for drinking may become a much simpler problem than having a water supply available for purification. 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.
HOME NOVEMBER 2011
35
Dont want to take it with you?

your gently used furniture, appliances and building materials to the Santa Fe Habitat for Humanity ReStore.
A fund raiser for Habitat for Humanity.
Moving?
WaterenergyNexus
Donate
Call 505-473-1114 to schedule a pick up.

2414 Cerrillos Road www.santaferestore.org Hours: Monday - Saturday 9:00 a.m. - 5:00 p.m.
Save water and energy by recycling

Recyling is mainstream. Many large and medium-sized cities have a recycling program in place. But why recycle when we have plenty of empty land in which to dump our trash? For as long as I can remember, my grandmother recycled. She thought it was just the right thing to do. Sending stuff to a landfill didnt make sense to her. She recycled as much as she could. She hauled newsletters to the local recycling center, took bottles back to the store and recycled unwanted or discarded items to local second-hand or Goodwill stores. In short, she was trying to have a smaller carbon footprint before those words entered the American vocabulary. Most larger Northern New Mexico communities now have recycling programs, including in Los Alamos, Taos, Santa Fe, and Albuquerque. In Santa Fe, we have had curbside recycling for more than a decade. It has changed over the years, but it now encompasses both businesses and residences. On an average month, all of us combined are recycling several hundred tons of material: paper, 270 tons; cardboard, 175 tons; plastic, 25 tons; tin, 15 tons; aluminum, 5 tons; and other materials, over 30 tons. This does not include materials that are being directly recycled by businesses not going through the City of Santa Fe program (for example, cardboard for cash). This is more than 500 tons of material not going to the landfill every month! Making products with recycled materials, instead of new, saves the environment from destruction, and saves energy and water. There is no limit to the number of times an aluminum can can be recycled. It is estimated that it takes just 5 percent of the energy to produce a new can from recycled material compared to making one from scratch. Just as important, recycling cardboard and paper not only saves trees; it also saves about 65 percent of the energy required
106 Jimenez - This historical home is a legal duplex with two 720 sq.ft. one bedroom and one bath units or a 1420 single family home completely renovated from the ground up in 2005 with two kiva firplaces, vigas and 27 ft living room. Walled yard and patio.Off street parking, Walk to Plaza and DeVargas Mall. Great neighborhood off W. San Francisco. mLS#201104435 $395,000.
DOUG PUSHARD
Nichols Agency 505-984-3000 1807 Second Street Suit 10 Santa Fe NM 87505 www.secondststudios.com
Wayne nichoLS 505-699-7280 wdnichols@aol.com
treats your whole-house water for scale build-up, cloudiness, chlorine and other contaminants using NO chemicals, NO salt, NO wasted water, NO drain line, NO electricity, NO moving parts. Better water quality, better water taste at every tap! Doesnt waste anything! 933 Baca Street 471-9036
NEW! WATERCREST-10
Water purification: Its our only business.

982.9836 | 1.800.586-1032 | 530 S. Guadalupe Street, Santa Fe, NM 87501| BarkerRealtySF.com
to produce new paper products. And it greatly reduces the bleaches and harmful chemicals used to produce new paper and cardboard. It is estimated that making a ton of paper from recycled materials saves about 7,000 gallons of water. Paper products are collected locally, bundled and shipped to recycling centers in New Mexico and Arizona. In as little as 30 days from the day recycled, a paper could be back on your doorstep as your New Mexican. A secret about recycling is that it creates new jobs hauling, sorting and manufacturing recycled goods. The more we recycle, the more jobs we create. Recycling is not only environmentally sound, it is also economically sound. Recycling, whether by a business or a residence, just makes good sense. My grandmother was clearly ahead of her time. Lets start saving a boat-load of water and a mountain of energy today. Begin recycling if you arent and increase what you recycle if you do. Doug Pushard, the founder of the website www.HarvestH2o.com, has designed and installed residential rainwater systems for 12 years. A member of Santa Fe Water Conservation Committee and a board member of the American Rainwater Catchment Systems Association, he can be reached at Doug@HarvestH2o.com.
Barker Realty Is Proud To Announce Our Newest Agent
Grace Berge
Mobile: (505) 577.1087 Fax: (505) 216.3576 Email: gberge@brisf.com
Check out Graces blog: santaferealestate-graceberge.com
Inside Adobe Walls
PHOTO COURTESY DOUGHERTY REAL ESTATE

HOME NOVEMBER 2011 37
PHOTO COURTESY DOUGHERTY REAL ESTATE
Multiplying the beauty of a Lumpkins

By Paul Weideman
his beautiful house in the gated La Tierra Nueva community has a heart designed by William Lumpkins. Three years ago the current owners, working with Wolf Corporation, did a comprehensive remodel, and a substantial addition. But the old part of the house, built in the 1980s, has the Lumpkins touch. It holds todays living room, kitchen, and two bedrooms. The four-bedroom home is about 4,500 square feet. Its character is updated, contemporized Pueblo style but that does not mean a cubist fantasy in steel and glass. The walls are adobe, with earth-colored stucco on the exterior and American Clay finish inside. The houses aspect at the front entrance includes Apache plume, junipers, and other low-water landscaping; and, in the adjacent front courtyard, an autumn purple ash tree and a wall dressed in stacked stone. The courtyard, offering excellent views of the Jemez Mountains, has a generous lawn area surrounded by plantings of cotoneaster, Russian sage, lavender, scotch broom, and ornamental grasses. All the doors in the house are custom, and windows are all new Loewens. The floors in the public areas are laid with brick. In the bedrooms the floors are carpeted, and in the bathrooms they are ceramic tile. There is new track lighting, practical and stylish, throughout the home.
The living room features a large, stone fireplace and lots of built-in bookshelves. The ceiling here, as in most of the rest of the house, is coved plaster on vigas. The departure is in the kitchen, which sports Lumpkins square beams. All the appliances are new; they include a Viking induction cooktop, Kitchen Aid ovens, and a Maytag refrigerator. Custom cherry-wood cabinets contrast nicely with countertops of black granite. His office is graced by one of the homes four fireplaces, while hers is brightened by a row of clerestory windows; this would also make a great art studio. The master bedroom is equipped with a kiva fireplace and doors to the outdoor patio spaces. In the master bath are a spacious, glass-doored, handsomely tiled steam shower with a built-in banco. In the deep spa tub, the bather sees terrific views of the landscape. The whole bathroom is beautifully daylit by a long, opaque skylight over the twin sinks. Adjacent is one of the longest closet/dressing rooms you will see in a residence about 25 feet long, with scads of shelf, drawer and hanging space. The back courtyard has gravel pathways winding through the landscaping by Gwen Wardwell; it includes creeping thyme, Mahonia, and Plumbago. The long views here take in the Sangre de Cristo Mountains. The property at 34 E. Goodnight Trail is 10.35 acres, and horses are allowed. It is listed for $1,875,000 by Clara Dougherty, Dougherty Real Estate Company.
PHOTOS ON THIS PAGE BY LUIS SANCHEZ SATURNO / THE NEW MEXICAN
HOME NOVEMBER 2011
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FromtheDirector
Congress action reduces loan access

In October, unfortunately, the U.S. Congress allowed conforming loan limits to revert from 125 percent to 115 percent of the local area median home price. This action has effectively reduced the size of conforming loans for many homebuyers across the country. These new loan limits will have a significant impact on our nations housing market including Santa Fe. The new loan limits mean fewer people will have access to affordable mortgage loans, and the loans that are available will be more expensive. The National Association of Realtors predicts that 5 percent to 10 percent of consumers will face higher mortgage rates as a result of this change, at a time when housing is still in recovery. The lower loan limits will impact 669 counties in 42 states and the District of Columbia, with an average Federal Housing Administration (FHA) loan-limit reduction of more than $68,000. Essentially, loan limits fell from $729,750 to $625,500 and in 2010 alone, mortgage lenders originated $30 billion in loans for homes in this price bracket. These home sales represent a considerable component of the housing market. With the housing industry still struggling, it doesnt make sense to throw cold water on any segment of market. Realtors are continuing to work closely with members of Congress and a coalition of industry partners to reinstate the higher loan limits as soon as possible, because Realtors want to make sure that homeownership is more affordable and accessible for hard-working families across America. Homebuyers arent the only ones who will feel the effects of the new loan limits: they will reduce the number of qualified buyers, which also means homeowners will have a harder time selling their homes. The FHA mortgage loan limits are critical to providing liquidity in todays housing market, especially since the private market has yet to return. FHA mortgage programs have played an important and vital role in the housing markets recovery and our leaders should not be doing anything to jeopardize that process. The local and national economies and wellbeing continues to rest on a full recovery of the housing market. For decades, many first-time homebuyers have relied on FHA-insured loans to purchase a home, especially since in many cases only a 3.5 percent down payment is required. According to the National Association of Realtors, one-third of recent buyers purchased their homes with the help of an FHA-insured mortgage. As the leading advocates for homeownership, Realtors are working hard to make sure anyone who is able and willing to assume the responsibilities of owning a home will have the opportunity to pursue that dream. Mortgage availability remains a top concern and Realtors are committed to reinstating the higher loan limits as quickly as possible.
DONNA REYNOLDS
You can learn more about this important homeownership issue and others by visiting www.houselogic.org and clicking on Support Home Ownership. Then dont forget to contact our New Mexico congressional delegation to share your concerns. Donna M. Reynolds is chief executive of the Santa Fe Association of Realtors. Contact her at 982-8385 or donna@sfar.com.
Building permits
Building permits issued by the CITY OF SANTA FE in the month of September included the following:
Nolen & Linda Hayden, 105 Daybreak. $436,000. Carol Ortega, 3020 South
Meadows Rd. $98,000. Homewise, Inc., 3738 Valmora Rd. $143,000. Centex Construction, 4218 Plaza Sonata. $171,240. 4222 Plaza Sonata. $170,598. 4228 Plaza Sonata. $202,272. 3006 Floras del Sol St.
$163,389. 3048 Floras del Sol St. $195,106.
SANTA FE COUNTY building permits issued from midSeptember to mid-October included the following:
Univest-Rancho Viejo, 19 Eagles Peak. $107,000. Casa de Sueos Construction,
6 Monterey Rd. $293,000. Galway Construction Inc., 105 Carson Valley Way. $160,000. Jim Salofek, 15 Sobre Los Cerros. $400,000. Estancia Homes LLC, 5 Victorio Pk. $130,000.
Recent Home & Land Sales

Sales data for the period Sept. 19-Oct. 18 from Santa Fe Association of Realtors MLS reports. Not all sales are reported.
Homes $378,000 $487,500 $555,600 $775,000 Land (None) Homes $340,000 $435,020 $625,000 $675,000 $740,000 $810,000 $875,000 $916,100 Land $180,000 Homes $102,500 $175,000 $230,000 $330,000 $359,000 $399,000 $687,500 $945,000 Land (None)
Homes $120,000 $285,000 $330,000 $425,000 $473,500
$495,000 $600,000 $608,000 $630,000 $712,250 $775,000
$1,150,000 $1,249,000 $2,750,000 Land (None)
Homes $120,000 $120,000 $124,900 $135,000 $138,000
$142,000 $144,000 $149,900 $150,000 $164,900 $166,900
$170,000 $172,000 $178,500 $182,000 $185,000 $199,900
$199,990 $212,000 $215,500 $245,000 $246,000 $249,900
$255,000 $275,000 $280,000 $305,000 $322,900 $370,000
$389,500 $462,000 Land (None)
county
Homes $113,000 $140,000 $200,500 $235,000 $280,000 $289,000 $300,000 $405,000 $450,000
$455,000 $474,200 $495,000 $575,000 $580,000 $580,000 $633,000 $682,500 $725,000 $799,000
$800,000 $1,340,000 $1,450,000 $2,140,000 $4,469,609 Land $149,000
Homes $170,000 $189,500 $192,000 $202,500
$210,000 $225,000 $234,325 $275,000 $275,000
$278,743 $285,000 $324,000
Land $100,000 Homes $163,800 $222,000 $245,000 $257,500 $263,947 $275,000 $279,900 $280,000 $280,000 $295,000 $299,900 $300,000 $305,000 $305,000 $380,000 $437,000 $467,000 $523,000 Land (None)
Homes $290,000 $309,000 $310,000 $332,750 $340,000
$372,750 $375,000 $410,000 Land $40,000 $112,500
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NOVEMBER 2011 HOME
The Santa Fe New Mexican brings you
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Browse through an archive of Pasatiempo dining reviews to find your next special place to eat. Find movie listings and a treasure trove of past Pasatiempo reviews. Check the chile count from our worldfamous ratings system after viewing the trailer and buy tickets. The search for great things to do or see in the City Different has never been easier with our online calendar. Sort by week, month, or year, and upload your own event. Are you looking to upgrade your current Santa Fe living arrangement? Shop local real estate by zip code, area, or address. Find vital statistics in your neighborhood of choice, like school information and other essential statistics.
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H OME N OVEMBER 2 0 11 41
Ride the Range in Abiquiu
SUENOS RANCH What an Opportunity! This 14.3 acre treasure on the Rio Ojo Caliente is something really special. It has the river flowing through it with stately Cottonwood trees in the Bosque. A lovingly maintained 3 bedroom 2 bath spacious manufactured home lets you enjoy the beautiful scenery. This is an ideal property for horses with the adjacent BLM land. You can hike or ride endlessly right out your front door. 45 minutes to Santa Fe or Los Alamos. Be close to work and Live in the Country. MLS 201102522 14.3 ACRES $219,000
RANCHO QUERENCIA This lovely 4,300 sq ft pueblo style hacienda allows you to enjoy the dramatic color of Northern N.M. This private 250 acres which borders State Land has diverse topography of grasslands, mesas and red rock cliffs making it ideal for hiking and riding. This home is thoughtfully and artistically constructed with amenities that enhance everyday living with an exercise room next to the outside shower and hot tub, to a kitchen designed for serious cooks, this home creates an atmosphere of ease and elegance. The guest casita wing, dining room, family room, great room and book lined office compliment the 3 bedrooms, 3 bathrooms and make entertaining a lovely experience. THIS RANCH IS TRULY OUT OF THIS WORLD & ONLY 80 MINUTES TO SANTA FE! MLS 201005627 250 ACRES $1,885,000
LA CANADA DE ABIQUIU TRACT 3 Nestled in the foothills of Sierra Negra on the edge of the Carson National Forest is an incredible area called La Canada de Abiquiu. This parcel in Abiquiu exists amid the mesas and rock strewn vistas that Georgia OKeeffe made famous. Extensive views of the Sangre de Cristo Range. Endless riding and hiking in the Carson National Forest. Shared Well and Electric. One hour to Santa Fe. *Owner is Licensed New Mexico Real Estate Broker MLS 703413 7.7 ACRES $ 79,000
HIGHWAY 84, AT THE ABIQUIU INN (505) 685-4646

www.abiquiuland.com
* Owner is a Licensed New Mexico Real Estate Broker
42
N O VE M BE R 2 0 11 H O M E
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Were just three blocks from the Plaza on the corner of Catron Street and Grant Avenue.
1/8 deeded real estate exclusive Fairmont BeneFits
To discover if ownership is right for you, call us today at 866.721.7800 or visit www.ElCorazondeSantaFe.com.
Fairmont Heritage Place, El Corazon de Santa Fe (the Property) is not owned, developed, or sold by Fairmont or its affiliates. El Corazon de Santa Fe, L.P., a Texas Limited Partnership (the Developer), is independently owned and operated and is the developer of the Property. The Developer uses the Fairmont brand name and certain Fairmont trademarks pursuant to a limited, non-exclusive, non-transferable and non-sublicensable license from Fairmont Management Company, LLC. Under certain circumstances, the license may be terminated or revoked according to its terms in which case neither the Residences nor any part of the Property will be identified as a Fairmont branded project or have any rights to use the Trademarks. Fairmont does not make any representations or guarantees with respect to the Residences or the Property and is not responsible for the Developers marketing practices, advertising, and sales representations. This advertising material is not an offer to sell nor a solicitation of an offer to buy to residents of any state or jurisdiction in which registration requirements have not been fulfilled. Pricing and information are subject to change without notice and are not guaranteed.
SANTA FE
PROPERTIES
SantaFe.com
LuxuryPortfolio.com
Santa Fe Properties is the Luxury Portfolio affiliate for Santa Fe and northern New Mexico. Luxury Portfolio has more top sales associates than any franchise or luxury organization (as reported by the Wall Street Journal). Luxury Portfolio is the boutique group of luxury real estate firms that represent more listings and more sales than other franchises or luxury organizations. Luxury Portfolio is an International Program with Members in over 30 countries.
we offer unsurpassed luxury marketing
LUXURYPORTFOLIO.COM
Truly Luxury 83% of listings on LuxuryPortfolio.com are priced above $1M 59% of listings on SothebysRealty.com are priced above $1M Over 1.2 million high-net-worth visitors annually Total inventory: $40 Billion Average Property: $2,535,000 Visitors from 200+ Territories/Countries Listings in 27 Countries, 45 US States Language/currency conversion Best search engine results for luxury real estate
INTERNATIONAL INTERNET MARKETING

WallStreetJournal.com CountryLife.co.uk PropGoLuxury.com Lp-LuxuryProperties.com Luxury-Insider.com Property-Report.com FrontDoor.com ReloHomeSearch.com YouTube.com
INTERNATIONAL PRINT ADVERTISING

Wall Street Journal Unique Homes duPont Registry Luxe Interiors + Design Country Life International Luxury Portfolio International Magazine
Follow us on FaceBook - Facebook.com/SantaFeProperties 1000 Paseo de Peralta Santa Fe, New Mexico 87501 SantaFeProperties.com 505.982.4466 800.374.2931

Santa Fe Real Estate Guide November 2011

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Santa Fe Real Estate Guide November 2011

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Santa Fe Real Estate Guide

The commercial market Las Placitas Compound

We Know Santa Fe Real Estate

Knowledge ~ Distinctive Properties ~ Experience

CERRO GORDO $1,150,000

Direct 505.984.5117 Mobile 505.577.5117 ray@knowingsantafe.com

GARCIA STREET $1,050,000

TIM VAN CAMP

Direct 505.984.5141 Mobile 505.660.3353 jrigatti16@comcast.net

SANTA FES MARKET LEADER

231 Washington Avenue 505.988.8088

326 Grant Avenue 505.988.2533

PAGE 3 BLACK CYAN MAGEN-

SANTA FES MARKET LEADER

HISTORIC CANYON ROAD

SECLUSION AT 1200 EAST

NOW OFFERED AT $995,000

NOW OFFERED AT $949,000

NOW OFFERED AT $685,000

NOW OFFERED AT $1,730,000

Visit Our Portfolio of Outstanding Homes & HomeSites at

SantaFeRealEstateScene.com SantaFeRealEstateProperty.com SantaFeRealEstateExpert.com SantaFeLuxuryHomesAndLand.com

417 East Palace Avenue 505.982.6207

326 Grant Avenue 505.988.2533

BLACK CYAN MAGENTA YELLOW

SANTA FES MARKET LEADER

NEIL LYON GROUP

NEIL LYON, CRB, CRS, GRI

EVELYN SPIKER, CRS, GREEN, RSPS

MUSEUM HILL AREA

SIERRA DEL NORTE

326 Grant Avenue 505.988.2533 H OME N OVEMB ER 2 0 11 5

PAGE 5 BLACK CYAN MAGEN-

SANTA FES MARKET LEADER

REAL ESTATE GROUP

356-1/2 GARCIA STREET A

841 CAMINO DEL ESTE

316 CALLE ESTADO

3600 CERRILLOS (THE LOFTS) #508

681 GONZALES ROAD

28 CAMINO CABALLOS SPUR

702 CALLE VIBORA

2252 ESPEJO PLACE

BLACK CYAN MAGENTA YELLOW

SANTA FES MARKET LEADER

We are Local Experts with a Global Reach

MARION SKUBI GROUP

Marion Skubi Aleka Moore

ABR, CRB, CRS 505.660.8722 Marion@MarionSkubi.com

Partner, Marion Skubi Group 505.690.1909 Johnnie@JohnnieGillespie.com

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

Why search for Santa Fe Real Estate on MarionSkubi.com?

1240 NORTH SUMMIT DRIVE $2,550,000

326 Grant Avenue 505.988.2533

BLACK CYAN MAGENTA YELLOW

SANTA FES MARKET LEADER

ONE OF A KIND VILLA

SANTA FES FINEST B&B

DIVINE EUROPEAN HOUSE & GUEST HOUSE

Ashley Margetson CRS, GRI

984.5186 Cell: 920.2300

EXCEPTIONAL DOWNTOWN BUILDING

2255 VIA MANZANA