Santa Fe Real Estate Guide
February 2 013
flooring • Art of home tour
R
ay Rush and Tim Van Camp—know Santa Fe. They are consistently among the top producing agents— year in, year out. Whether it is a high or low market, Rush/Van Camp has the experience, insight and understanding of the Santa Fe real estate scene to guide their clients toward the right strategy for the times. There is a difference, and that difference is reflected in facts, data and most importantly, results. We invite you to know the difference.
Knowing Santa Fe EAST ALAMEDA
HISTORICAL EASTSIDE ADOBE CONDOMINIUM Nestled in a verdant Eastside compound, this elegant and comfortable home is a quiet, spacious escape in the heart of one of Santa Fe’s enviable gated enclaves. Historic elements add to the appeal — portions of the home, the former Juan Rodriguez house, date to the early 1820s, and original walls and antique Mexican and Pueblo doors can be found throughout. Highlights include grand living and dining areas, an extensive kitchen with space allocated for caterers, a convenient wet bar, and a breathtaking portal and patio. The home’s three bedrooms – each with a private bath and sitting area – are tucked away off the central living area but are nonetheless quiet and private.
MLS# 201103260 Offered at $2,500,000
CERRO GORDO
CALLE GALISTEO
CAMINO SANTANDER
TRANQUIL TERRITORIAL
ENCHANTING 57+/ ACRE ESTATE
RARE EASTSIDE VIEW LOT
$1,885,000
$1,795,000
$1,250,000
MLS# 201201357
MLS# 201200561
MLS# 201203659
RAY RUSH
TIM VAN CAMP
JOHN RIGATTI
Direct 505.984.5117 Mobile 505.577.5117 ray@knowingsantafe.com
Direct 505.984.5118 Mobile 505.690.2750 tim@knowingsantafe.com
Direct 505.984.5141 Mobile 505.660.3353 jrigatti16@comcast.net
www.knowingsantafe.com
231 Washington Avenue • 505.988.8088
SANTA FE’S MARKET LEADER We are Local Experts with a Global Reach
EmilyGarcia.com
Brand New Interactive Website Offering buyers and sellers expanded services and information
Emily Garcia 505.699.6644 emily@emilygarcia.com
NG
W NE
I IST
LD SO
L
8 CAMINO DELILAH $759,000 With sweeping sunset views, experience warmth and enchantment in this stylish one-level, 3 bedroom 3,337 sq ft hillside home, featuring established gardens, portales, flagstone terraces, sunken hot tub and fenced yard. Southwest flavor abounds, with glowing tile floors, hand-troweled plaster walls, soaring ceilings with vigas throughout, and superb custom lighting. The private master with fireplace will delight, as will the kitchen designed by Jeanne’, huge studio/workshop, separate, spacious office, speaker system, and wonderful view deck. Located just minutes to downtown!
961 PASEO DEL SUR $798,000 Superb location! With south and sunset views, this exciting 3,584 sq ft home with guest apartment is soft Southwest contemporary at its best. Featured are an impressive great room, sleek, handsomely equipped kitchen, dramatic 52-foot gallery, and A/C. An outstanding master has soaring beamed ceilings, and kiva fireplace. Relax and entertain beautifully on the deep portal, and terrace with hot tub. Details include granite counters, hardwood and stone floors, vigas, and Italian fitted closets. Main house has no steps! #201202817
Shane Cronenweth 505.577.2000
shanesantafe@gmail.com
ChooseSantaFe.com
Access the entire MLS, Santa Fe Neighborhood Information, and my Exclusive Insider’s Guide. Offering Personalized, Creative and Effective Service for my Clients. SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533 231 WASHINGTON AVENUE I 505.988.8088
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
417 EAST PALACE AVENUE I 505.982.6207
sothebyshomes.com/santafe H O ME FE B R U A RY 2 0 1 3
3
PAGE 3 BLACK CYAN MAGEN-
SANTA FE’S MARKET LEADER
We are Local Experts with a Global Reach
W NE
DARLENE STREIT GROUP 505.920.8001 dstreit@dstreit.com
SantaFeRealEstateProperty.com SantaFeRealEstateExpert.com SantaFeLuxuryHomesAndLand.com
927 ALTO STREET, UNIT B $534,000 Great urban location by the Santa Fe River and close to downtown. Modern design on a private, closed street. Concrete and wood floors, view balcony, private upstairs patio deck. Fenced yard with drip landscaping. Minutes to all Santa Fe amenities. MLS# 201203197
E IC PR
111 MICHELLE DRIVE $1,295,000 From its elevated perch on 1.31 tree-covered acres, this 5,033 sq ft, 4BR home enjoys views of three mountain ranges and is minutes from the Plaza. Ideal for entertaining, the airy, open-concept living area accesses the expansive portales that surround the home, The main level also features a media room, a master suite, and a second bedroom; two additional bedrooms with baths are secluded on the upper level. MLS# 201203547
6-7 CALLE ANDREITA $549,000 Traditional Northern New Mexico home located in Nambe and bordered by Pojoaque Pueblo. Fabulous views and lush gardens include towering ponderosas as well as a substantial orchard. Very private. Surface water rights and second well contribute to the maintenance of the beautiful park-like setting. MLS# 201202630
444 CAMINO DON MIGUEL $925,000 Desirable location on the historic Eastside with beautiful sunset views. Updated and inviting 3BR home and 1BR casita have contemporary fixtures and finishes while keeping the regional charm and style. Beeswax plaster walls, travertine tile floors, vigas, open living/dining space, custom fitted, roomy closets. MLS# 201204228
1265 CERRO GORDO ROAD $750,000 Historic Eastside home with attached guesthouse. Nestled above Cerro Gordo Road, close to the Plaza and Canyon Road. Charm, sophistication and comfort abound in this Traditional Santa Festyle family home. Stone floor, hand-troweled plaster walls, vigas, and a steam shower. MLS# 201102866
1313 LUJAN $195,000 Great value home with open floor plan close to town and shopping in desirable Casa Alegre. Newly painted throughout with upgrades to the original floor plan. New floors for kitchen and dining area. Hardwood floors in bedrooms and living room. Large backyard. Single level home with bonus room in 0.16 acres. MLS# 201201044
3 JACINTO COURT $449,000 Amazing 2,500 sq ft home at the end of a private lane all on 1 level with an attached 2-car garage. Passive solar design offering 3BR, 4BA. Stacked stone fireplace in the living room, kiva fireplace in the study, vigas and beams, radiant heat, flagstone patios, large eatin kitchen. MLS# 201202302
208 WILLIAMS STREET $675,000 Exceptional Territorial-style 2 bedroom, 2 bath home just minutes to Santa Fe Historic Plaza. Custom finishes and hardwood floors throughout. A wraparound portal looks out to the landscaped garden and sunset views. Gated entry, coyote fence and wall surround offers plenty of privacy. MLS# 201202628
SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533 231 WASHINGTON AVENUE I 505.988.8088
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark. 4
F E B R U A RY 2 0 1 3 HOM E
BLACK CYAN MAGENTA YELLOW
417 EAST PALACE AVENUE I 505.982.6207
sothebyshomes.com/santafe
SANTA FE’S MARKET LEADER We are Local Experts with a Global Reach
NEIL LYON GROUP NEIL LYON, CRB, CRS, GRI DIRECT: 954.5505 CELL: 660.8600
neillyon.com
VANESSA RIOS Y VALLES DIRECT: 954.5522 CELL: 231.3708
MUSEUM HILL NG
W NE
I IST
L
TESUQUE
960 OLD SANTA FE TRAIL Gated property in a desirable location. The 6,319 sq ft, 3BR main house also includes an office, formal living and dining rooms, chef’s kitchen, plus a recreation room with 2 fireplaces. The detached guest suite provides excellent privacy for guests. #201205163 $1,600,000
NG
W NE
I IST
L
18 MEREDITH DRIVE Wonderful Northern New Mexico-style home in Tesuque Village with gorgeous mountain views. On almost 7 acres, the property consists of a main house and guest house. Beautiful finishes and wonderful outdoor spaces. Minutes to downtown. Horses allowed. #201300057 $1,695,000
LA TIERRA
22 NORTH VUELTA HERRADURA Breathtaking views of the Sangre de Cristo and Jemez Mountain ranges from this fabulous residence on 11+ acres. 4 bedroom main house, 2 bedroom guest house, studio/office, and horse facilities. #201105652 $1,995,000
22VueltaHerradura.com
LAS CAMPANAS
3CalleVentoso.com
OFF CERRO GORDO
791PaseoDeFlorencio.com
TESUQUE
4 CAMINO SABIO Magnificent views from this compound in Los Caminitos on 11.7 acres featuring a dramatic and immaculate 2BR main house, a detached 1BR guest house, and an attached duplex that encompasses a 1BR guest house and a 1BR caretaker’s house. Beautifully landscaped. #201202266 $2,795,000 3 CALLE VENTOSO WEST Fabulous 4BR home plus an office featuring magnificent mountain views. Quality finishes include travertine floors, granite countertops, beautiful plaster and woodwork throughout. Equity Social membership included. #201100852 $1,150,000 1010 MONTE SERENA Lovely 3 bedroom, 3 1/2 bath residence in Sierra del Norte. Enjoy sunset views and Jemez Mountain vistas from the fabulous portal easily accessed from the great room. This is a great house for entertaining and indoor/ outdoor living. #201203224 $1,195,000
791 PASEO DE FLORENCIO Wonderful 3BR residence sited above Upper Canyon Road to capture fabulous views. This impeccably maintained Pueblo-style home features traditional finishes and Old World architecture including plaster walls, Saltillo tile, carved vigas, and lovely outdoor spaces. #201203665 $950,000 407 CAMINO DEL MONTE SOL This charming two-story Eastside home features 4 bedrooms, 4 bathrooms, an office, two studies and an elevator. Incredible location only one block from Canyon Road’s art galleries and restaurants. #201203643 $1,495,000
SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533 231 WASHINGTON AVENUE I 505.988.8088
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
417 EAST PALACE AVENUE I 505.982.6207
4CaminoSabio.com
SIERRA DEL NORTE
1010MonteSerena.com
HISTORIC EASTSIDE
407CaminoDelMonteSol.com sothebyshomes.com/santafe H O ME FE B R U A RY 2 0 1 3
5
PAGE 5 BLACK CYAN MAGEN-
SANTA FE’S MARKET LEADER
We are Local Experts with a Global Reach
MARION SKUBI GROUP
WARM AND SOPHISTICATED EL PRADO PROPERTY 9 Lupine Court $1,195,000
Warm, inviting and sophisticated, this welcoming 5,100 sq ft home located on 6.5 private acres in the desirable community of El Prado features a host of timeless high-end Old World design appointments and offers magnificent unobstructed Jemez and Sandia Mountain sunset views. Design by architect Blaine Young and built by renown contractor Don Wiles in 2000, this charming home contains 4 bedrooms plus private master suite study and 5 baths including an attached 800 sq ft guest house with steam shower bath that can also easily function as a large multi-use den, media room, studio with northern exposure or in-home exercise gym. MLS# 201205520
Marion Skubi
Johnnie Gillespie
ABR, CRB, CRS 505.660.8722 Marion@MarionSkubi.com
Partner, Marion Skubi Group 505.690.1909 Johnnie@JohnnieGillespie.com
Aleka Moore
Operations Manager, Marion Skubi Group 505.954.0732 Aleka@MarionSkubi.com
MarionSkubi.com SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533 231 WASHINGTON AVENUE I 505.988.8088
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark. 6
F E B R U A RY 2 0 1 3 HOM E
BLACK CYAN MAGENTA YELLOW
417 EAST PALACE AVENUE I 505.982.6207
sothebyshomes.com/santafe
Santa Fe Real Estate Guide
FEBRUARY 2013
ON THE COVER A detail of the living room in an E. Alameda Street condo now on the market. Please see Inside Adobe Walls, Page 31, for more about this property.
sfnmho me.com
VOLUME 15, ISSUE 11
features 18
Art of Home tour
22
What is a reverse mortgage?
22
Building terms glossary
PHOTOGRAPH
31
Inside Adobe Walls
COVER DESIGN
34
The Drury Hotel project
40
Your flooring choices
Jane Phillips
Deborah Villa
STAFF OWNER:
Robin Martin PUBLISHER:
Ginny Sohn EDITOR:
columns
Paul Weideman
15
Santa Fe in Bloom
DIRECTOR OF ADVERTISING:
16
Oakley’s Out & About
19
Your Money’s Worth
21
Spouses Selling Houses
21
Title News
37
Permaculture in Practice
38
Mortgage Matters
38
Social Networking
39
News from SFAR
43
Our Water Quality
44
Authentically Designed
Tamara Hand
ADVERTISING SALES:
Wendy Ortega
EDITORIAL OFFICES:
202 E. Marcy St. Santa Fe, NM 87501 PHONE: (505) 983-3303 FAX: (505) 984-1785 E-MAIL: REGUIDE@
SFNEWMEXICAN.COM
Home|Santa Fe Real Estate Guide (sfnmhome.com) is published on the first Sunday of each month. For subscription information, call The Santa Fe New Mexican at 986-3010 or 1-800-873-3372. This publication is designed to provide accurate and authoritative information. This information should not, however, be construed as a recommendation for any course of action regarding financial, legal, or accounting matters.
data track 15
Recent home/land sales
37
Building permits H OME
F e b r u a ry 2 0 1 3
7
SANTA FE’S MARKET LEADER
We are Local Experts with a Global Reach
Simplif y Your S earch • S A N TA F E B E AU T I F U L H O M E S . C O M ER ND
R NT CO
T AC
LD SO
U
2844 PUEBLO BONITO
$249,000
Three BR, 3BA home, 15 minutes from the Plaza, near shopping, public schools, and the SF Community College. This Pueblos del Sol charmer has been refreshed and features a comfortable floor plan with many Pueblo-style accents such as viga and plank ceilings, beautiful Southwest solid wood doors, newly refinished Saltillo tile floors, and a kiva fireplace. MLS# 201202330
33 AVENTURA ROAD
$439,500
Lovely and private home with lots of light and a wonderful feeling! Beautiful brick floors, viga and herring bone ceilings, hand-carved front door, striking granite counters and stainless steel appliances. Large, comfortable family room and big working studio. Gorgeous landscaping and great backyard with fabulous outdoor living area. MLS# 201204671 33Aventura.com
LD SO
23 CAMINO DE LAS MINAS $637,000
End of the Road Fabulous Adobe! On a quiet and private 2.8 acres with lots of trees and vegetation is a classic Santa Fe Pueblo Revival-style adobe home with all the qualities; flagstone, brick, Saltillo, and hardwood floors, plaster walls, wooden lentils, solid wood doors and cabinets, viga with latilla, plank, and cove ceilings. MLS# 201204263 23CaminoDeLasMinas.com
322 MAGDALENA ROAD, #6 $619,000
This Pied a Terre with the utmost in Santa Fe Style is two blocks from the Historic Plaza! Designed by Blaine Young and built by Sharon Woods, this 2BR, 2.5BA residence in the beautiful Magdalena Compound has an elegant yet comfortable feeling. Extra thick adobe walls, brick and hardwood flooring, gorgeous kitchen, and lovely bathrooms. MLS# 201201992 322Magdalena.com
AM
680 GARCIA STREET
$1,800,000
Adobe residence on one acre in the Historic Eastside not far from the Plaza and Museum Hill was originally built in the 1930’s and has grown over the years to a 4BR, 5BA, 5,600 sq ft home with 5 fireplaces plus an indoor swimming pool in a 1,570 sq ft heated room. Enjoy wonderful outdoor living with a fabulous portal and walled garden. 680GarciaStreet.com
G
IN
AZ
12 VALENCIA RANCH
$749,000
An absolutely stunning adobe home in Apache Canyon, this fabulous residence is really a treat! Experience elegant living in a wonderful setting on 8 acres with picturesque views of Apache Canyon over the Galisteo Creek. Over $240,000 in thoughtful and gorgeous improvements have been added. 20 minutes to the Plaza. MLS# 201201017 12ValenciaRanch.com
S! EW I V
616-B PASEO DE LA LOMA $595,000
Rare offering downtown a few blocks from the Plaza with Amazing Views! Spectacular city lights, and remarkable vistas over Santa Fe to the Sandia and Ortiz Mountains, as well as gorgeous views of the Sangre de Cristos! Relax in this 2BR, 2BA residence with bountiful light in an open-concept living room, kitchen, and dining room/sunroom. MLS# 201201987 616PaseoDeLaLoma.com
SantaFeBeautifulHomes.com
100 MOUNTAIN TOP ROAD $835,000
Extraordinary 9.5 acre property has a captivating feeling from gorgeous rock outcroppings, huge boulders, tall pines, and spectacular panoramic views. Bill Lumpkins designed residence, wonderful studio, and writer’s cabin. High in the hills above SF with crystal blue skies, awe-inspiring sunand moon-rises, and incomparable starry nights! MLS# 201204731 100MountainTop.com
LD SO
ALAN AND ANNE VORENBERG Serving New Mexico in Business ~ A Family Tradition since 1892
954 CERRO DE LA PAZ
505.954.5515 888.257.6750 Toll Free Alan.Vorenberg@SothebysHomes.com Anne.Vorenberg@SothebysHomes.com SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533 231 WASHINGTON AVENUE I 505.988.8088
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark. 8
F E B R U A RY 2 0 1 3 HOM E
BLACK CYAN MAGENTA YELLOW
$3,375,000
Elegant Estate with stunning views on 12.5 gated acres near the Plaza comprised of an impeccable residence built by Doug McDowell in 2005 with superb finishes, 11 fireplaces, 8 baths including dual master baths, fabulous kitchen, 3,000 sq ft of portales, 1BR guest casita, and gorgeous swimming pool with cabana and bath. MLS# 201005922 954CerroDeLaPaz.com 417 EAST PALACE AVENUE I 505.982.6207
sothebyshomes.com/santafe
SANTA FE’S MARKET LEADER We are Local Experts with a Global Reach
NORTHSIDE ESTATE
SINE QUA NON!
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. Handcarved stone windows. Five fireplaces, skylights and a comfortable floorplan. Owner is a NM Real Estate Broker. $1,795,000
Architectural Digest design, detail, and quality join a magnificent historic double adobe hacienda in a rare downtown setting on the Old Santa Fe Trail to create a masterpiece. Rare 4.5 acres with views in the heart of the historic Eastside. Classic Spanish floorplan includes 4-5 BR plus a full guest house. 18th Century doors, 12 fireplaces, pool, and chapel! $4,850,000
HISTORIC EASTSIDE COMPOUND
CASA SOLANA
Ashley Margetson CRS, GRI ashley.margetson@ sothebyshomes.com
Your furniture will look fabulous in this stylish, well maintained 3BR home in charming Casa Solana! Bright and sunny, with hardwood parquet floors, an oversized, romantic master bedroom, and a well planned, cheery kitchen, this house also includes a studio for the artist in you! Lovely landscaping with mature lilacs and old trees, there is also a huge, walled backyard! $295,000
P.L. Travers, author of Mary Poppins, once lived here! 1898 adobe house, guest house and art studio. Off Canyon Road. SO special! High old trees. Plenty of parking. Ambiance, charm, character. New wiring, plumbing and unseen necessities—authentic, original interiors! One of a magical kind! $950,000
PALACE AVENUE
984.5186 Cell: 920.2300
MAGICAL SANTA FE
Michael Mahaffey produced two condos – five years old, absolutely gorgeous finishes. Hard-troweled plaster, brick floors with radiant heat; travertine baths and walk-in closets; kiva fireplaces, bancos and skylights. Two bedrooms and two baths. NOW $695,000 One bedroom NOW $475,000
Beautiful and luxurious 3,000 sq ft custom home! Surrounded by green hills and blue sky, yet just minutes from the Plaza, this lovely 3 bedroom, 3 bath property has high ceilings with vigas and beams, hard-troweled plaster, 4 fireplaces, a sumptuous master suite with a very luxurious travertine bathroom, and an open plan entertaining kitchen. $895,000
PRICE REDUCED $100,000
A romantic old adobe garden cottage, nestled on a wooded hillside, in the heart of the historic district on nearly .25 acres. 1 large and 1 small BR/study looking out on gardens, with 2BA. $495,000
SantaFeAtHome.com Your Santa Fe Scene for 2013
LD SO
LY ON
OT 1L
FT
LE
961 Paseo del Sur $798,000
1110 Old Santa Fe Trail $3,800,000
15 Callejon Alegre $80,000
Convenient Northside Location Santa Fe Contemporary
Elegant Eastside Estate with Luxury in Abundance
View Lot Near Marty Sanchez Golf Course
Caroline D. Russell, CRS 505.699.0909 caroline.russell@sothebyshomes.com SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533 231 WASHINGTON AVENUE I 505.988.8088
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
417 EAST PALACE AVENUE I 505.982.6207
sothebyshomes.com/santafe H O ME FE B R U A RY 2 0 1 3
9
PAGE 9 BLACK CYAN MAGEN-
SANTA FE’S MARKET LEADER
We are Local Experts with a Global Reach
1244 NORTH SUMMIT
$2,375,000
Art of LIVING W
ith perhaps the most spectacular views in all of Santa Fe, this beautiful Contemporary/ Pueblo-style home with guest house is nestled among ponderosa and piñon just minutes from downtown in the Summit. The home has an elegant yet slightly rustic feel with beautiful plaster walls, custom fireplaces, stone accents, flagstone floors, and high ceilings. The floor plan is gracious with generously proportioned rooms and a spacious outdoor patio off the living room overlooking the amazing western and northern views. MLS# 201203908
Fine properties to suit your Santa Fe lifestyle
1523 UPPER CANYON ROAD $985,000 Completely remodeled and updated without sacrificing authentic adobe charm, this 3BR, 2.5BA home enjoys the lush rural feeling of historic Upper Canyon Road while being only minutes from downtown. The open floor plan creates a comfortable and spacious feeling with its 2,546 square feet. Owner is NM Real Estate Broker. MLS# 201203584
204 PLAZA MONTANA $550,000 Lovely 3BR, 2BA home with views of Sun and Moon Mountain. Spacious kitchen with granite countertops, stainless steel appliances and large walk-in pantry. Features include a separate dining area, gas fireplace, vigas, and 2-car garage. Beautifully landscaped with an entertaining portal and fully fenced-in backyard. MLS# 201005915
21 COUGAR RIDGE $525,000 This Northern New Mexico-style, pitched roof, 3BR home has a soaring great room with views out to the pines and an open kitchen with top-end appliances and concrete countertops. The expansive master suite has a loft gym, a huge walk-in closet and a luxurious bathroom. MLS# 201204690
For your new and evolving Santa Fe lifestyle, trust the Santa Fe Team to find your ideal property. Amid natureʼs splendor – Culture, Tradition, Community – savor the Art of Living!
Santa Fe Team w w w. s a n t a f e t e a m . c o m
Moo Thorpe, 505.780.0310 • Chris Haynes, 505.660.6121 • Jennifer Gallagher, 505.660.8793 SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533 231 WASHINGTON AVENUE I 505.988.8088
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark. 10
F E B R U A RY 2 0 13 HOM E
BLACK CYAN MAGENTA YELLOW
417 EAST PALACE AVENUE I 505.982.6207
sothebyshomes.com/santafe
Featured Listings
!
LD
SO
SICOMORO
CALLE ALTAMIRA
SPACIOUS ESTANCIA PRIMERA home complete with community pool, tennis court & club house. Natural light fills this split level home with 3 full-size BD’s, open kitchen & pantry, storage galore, resourceful master BD’s complimented by sitting areas, numerous patio areas, mountain & city light views & sense of privacy. Terrific in town location less than a mile up Artist Rd, just a hop, skip & a jump to Santa Fe National Forest year round recreation! $695,000 MLS# 201201288 Beth 505-690-2713
W NE
ING
ND
PE
2 BD 2 BA Stamm-built territorial-style home in its original condition. Hardwood floors, kiva fireplace, single garage. $229,000 Call Roseanna 470-5638
505.988.2806 1-877-98 ADOBE
DON CUBERO AVE
THIS SOUTH CAPITOL 2 bd 2 ba home is within a couple of blocks to shopping, banking & close to downtown. Kitchen opens to living room with kiva fireplace, breakfast area, formal dining, & west-facing sunroom. Finishes include pine & tiled floors, stone counter tops, skylights, front & back courtyards, fruit trees & great windows of natural light. $350,000 MLS# 201205375 Roseanna 470-5638
www.adoberealtyofsantafe.com
Beth E. Fauré
ING
D EN
P
Qualifying Broker 505-690-2713
G TIN
LIS
Roseanna Z. Gonzales CALIENTITO LOOP
HOUGHTON
VACANT LOT in South Capitol between Don Gaspar and Gildersleeve. City utilities available. Great location for convenient access to downtown. $250,000 MLS# 201204663 Roseanna 505-470-5638
SPACIOUS 5 BD, 3 BA home. First level private bdrm & bath; kitchen & large pantry open to great room with gas fireplace. Sangre views. Great utility room. Use west-facing 5th bedroom as studio, office or library. 2 A/C units, security system, double garage & more. $298,000 Roseanna 505-470-5638
Broker Associate
2200 ACRES MORA, NM
BREATHTAKING VIEWS! Prime building site on the west overlooking the Mora Valley to the property boundary along County Road 104 to El Alto.Acreage at the east side of the MTN ranges leading into a bowl of open land, accessible from Hwy 518. Fencing along the north, south & west boundaries. $3,000,000 MLS# 201100545 Roseanna 505-470-5638
505-470-5638 312 Camino Alire Santa Fe, New Mexico 87501
NG
W NE
15 BACKROAD, MADRID, NM
$699,000
If you’ve always dreamed of living in a wonderful old church, this is your opportunity to own one of the most unique properties in Northern New Mexico. #201204903
I ST LI
751 CANADA ANCHA
$898,000 8 FIRST STREET, CERRILLOS, NM
$699,000
Adobe masterpiece! Built by Doug McDowell, this 2,700 sq ft, Incredible double adobe with guest house, originally built in two master suite home with spacious office/third bedroom and 1886, has been a saloon, dance hall, and movie theater. Now two and 1/2 bath is loaded with Santa Fe style. #201300085 a beautifully renovated 4BR, 3BA luxury house and professional gallery/studio. #201204967
A Realtor since 1992 and consistently in the top 5% of Brokers in Santa Fe. Aggressive, Intelligent, Ethical. Born in Pueblo, CO, Bob has a BA in Mathematics and Philosophy earned while a Benedictine monk, an MA in Art from the U of Northern Colorado, and a Doctorate in Art Education from Arizona State U. He has been a professor at the U of Northern Colorado, Ohio State U, U of Arizona, and Boston U (where he was Director of the Program in Artisanry). He has been president of the San Antonio Art Institute and the Museum of New Mexico Foundation. He is an exhibiting artist of his wood sculptures of churches of New Mexico and from around the world.
BOB (ROBERTO) CARDINALE 505.577.8418 bob.cardinale@sothebyshomes.com
RECENTLY SOLD PROPERTIES 144 GONZALES ROAD, #4
$559,000
610 CAMINO SANTA ANA
$399,000
3600 CERRILLOS ROAD, 401B 913-915 DON GASPAR
$99,000 $498,500
I’ve sold almost all of my listings and if you're really ready to sell your property, please contact me.
326 Grant Avenue • 505.988.2533 • www.sothebyshomes.com Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark. H O ME FE B R U A RY 2 0 1 3
11
PAGE 11 BLACK CYAN MAGEN-
SANTA FE’S MARKET LEADER
We are Local Experts with a Global Reach
1010 PASEO DE LA CUMA $688,500 This hugely charming and private home sits behind its gate on a completely fenced 1+ acre and basks in great mountain views. Plaster walls, tiled floors, skylights, antique mesquite doors; master bedroom, living/dining, kitchen areas open onto wraparound deck for savoring sunsets. Art glass and Talavera tiled baths, many hand painted finishes, wonderful art walls, eat-in kitchen, attached 2-car garage, single level. Very close to downtown Santa Fe. MLS# 201205036
ROXANNE APPLE
Direct: 505.954.0723 Cell: 505.660.5998
If Santa Fe Is Calling You… Call Me.
1561 BISHOPS LODGE ROAD
$790,000
Tesuque at its best! Fabulous Pueblo-style home with exquisite details, an in-home gallery, and studio/workshop. #201204566
98-A ARROYO HONDO ROAD
SantaFeCalling.com
$795,000
Masterpiece of adobe construction! This showcase home is warm and inviting with meticulous craftsmanship. #201205217
499 CAMINO PINONES
$995,000
Fabulous Eastside Location. Soft contemporary detailing, spacious rooms, and a flexible floor plan. #201205468
Commercial and Development MANDERFIELD – Canyon Road, mixed use potential. $1.4M GHOST RANCH – Conference center mixed use – downtown. $4.2M AGUA FRIA – 4.9 acres, 8,500 sq ft warehouse. Ideal for development. $1.750M
110 NORTH EL RANCHO ROAD
$365,000
Wonderful 2BR Pueblo-style home on a gorgeous half acre lot. Nestled in the foothills with views of the city. #201203502
505.310.5566 Knowledgeable and Experienced
SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533 231 WASHINGTON AVENUE I 505.988.8088
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark. 12
F E B R U A RY 2 0 13 HOM E
BLACK CYAN MAGENTA YELLOW
AIRPORT ROAD – 2.86 acres – 4,000 sq ft commercial building. $700,000
PAUL DURAN
CHAVEZ PLACE – 26 apartments – downtown. $2.25M
417 EAST PALACE AVENUE I 505.982.6207
sothebyshomes.com/santafe
SANTA FE’S MARKET LEADER We are Local Experts with a Global Reach
COMMANDING SANGRE VIEWS
LIFE IN AN EASTSIDE GARDEN
In a landscape that has inspired generations of painters and writers, with views of cascading hills in a series that reach to the peaks of Sangre de Cristo Mountains, this outstanding .5 acre homesite in the prestigious, gated High Summit community off Hyde Park Road, offers a stunning opportunity to live with beauty. Architect-designed 3,340 sq ft house plans are available. MLS 201105471
NORTHWEST ELEGANCE
PRIZE OF THE PRESERVE
Authentic and exquisite house and guest house: 2BR, 2BA, 2,240 sq ft mostly adobe main residence circa 1920+ with formal living room, dining room and kitchen overlooking lush gardens updated with care and graced with a handsome master suite, 4 fireplaces, alcoves and nichos plus a free-standing 1BR, 1BA, 1,247 sq ft guest house with kiva circa 2005 in an incomparable setting. MLS 201202834
Private and serene, wrapped in landscaped courtyards and deep portales, this elegant one-level 3,174 sq ft, 3BR, 3BA, Santa Fe style residence in gated Colinas Verdes is captivating. With views to the Jemez, it includes a grand living room with Anasazi stack-stone fireplace, formal dining, gourmet kitchen, inviting master, home office, lustrous plastered surfaces & 3-car garage. MLS 201201865
Stunning 21.75 acre estate lot within the New Moon Overlook enclave of the Galisteo Basin Preserve is the prize of the preserve. Abutting open space, with a dramatic tree-studded landscape sloping off to spectacular views of the Basin and N, S + W mountains, easy access to hike/horse trails plus open space, be a part of the new wave of remarkable living within the Basin Preserve. MLS 201003064
OFFERED AT $249,000
OFFERED AT $1,625,000
OFFERED AT $819,000
OFFERED AT $397,000
H O M E
T E A M
S A N TA
F E
DAVID ROSEN:
CHRISTOPHER ROCCA :
505•470•9383
505•490•2999
Visit Our Portfolio of Outstanding Homes & HomeSites at
w w w . H o m e Te a m S a n t a F e . c o m
2429 CAMINO DE VIDA
$379,000
Lovely living space with vigas, fireplace, and wood stove. New kitchen, new stucco, and an oversized garage. Three bedroom, two bath, with 2,317 sq ft on a .45 acre lot. #201203344
w w w. T h i n k S a n t a F e . c o m
10 AVENIDA HERMOSA
$410,000
Shangri La in La Cienega. 2.25 acres of trees, pond and serenity. With 2,700 sq ft and 3 bedroom, 2 baths this charming home boasts beams, Saltillo tile and plaster walls. #201204917
255 VUELTA ROBLE
$471,500
Beautifully appointed, spacious and luxurious 3BR, 3BA home. Located 1.5 miles to the Plaza. You will be surprised by the views from this 2003 custom, close-in charmer in El Robledo. #201205385
LAND OPPORTUNITIES TAX DEFERRED EXCHANGE SPECIALIST
Helping People with Real Estate Strategies Since 1989 52 CENTAURUS RANCH ROAD
$675,000
Thoughtful, quality living is what you expect from a superb architect, designer, and builder. This Madera built home boasts 2 Master Suites, 2.5BA, gorgeous finishes, and lovely Sangre views.
7 SKYTOP ROAD
$149,000
#201103065
1102 PIEDRA ALTO
$163,000
CHARLES WEBER
Direct: 954.0734 Cell: 670.9377
#201103104
SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533 231 WASHINGTON AVENUE I 505.988.8088
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
417 EAST PALACE AVENUE I 505.982.6207
sothebyshomes.com/santafe H O ME FE B R U A RY 2 0 1 3
13
PAGE 13 BLACK CYAN MAGEN-
14
F E B R U A RY 2 0 13 HOM E
BLACK CYAN MAGENTA YELLOW
SantaFeinBloom
Cupid’s blooming arrow Cupid’s overly commercialized, couples-oriented love fest is right around the corner, whispering into our ears that it is better to go big. Best not to repeat last year’s little embarrassment when we picked up the drug store’s last dyed rose wrapped in cellophane. (My friend who shall remain unnamed promises to never do this again). Even if you don’t have a regular sweetheart, there’s probably at least one person about whom you feel a little gushy and who would be ever-so-grateful for something sweet, sparkly or scented. If the object of your fancy enjoys fragrant forms of beauty, there’s a field of blooms waiting to be picked — from freesias and lilies to the ever popular Valentine’s Day staple: roses. While roses still remain the top pick, you will find there are other floral options available this time of year that will make your lover swoon in just as much delight. Perhaps your sweetie is sustainable and into buying local, so why not give her (or him) flowers that are locally grown and sold from a real live florist, not a supermarket? Florists count on this holiday for up to 40 percent
of their yearly sales. While it’s doubtful you’ll find much growing in our New Mexican flower farms, California is a mere two states away and could use the business. With an estimated 82 percent of flowers purchased in the U.S. being imported (the majority coming from
South America) buying flowers grown on our home turf is a very green and good thing. Asters, babies breath, calla lilies, iris, forget-me-nots, dahlias, mums,
delphinium, lisianthus, and gerber daisies are popular choices grown on California farms. Your neighborhood florist can tell you exactly where your flowers come from. Maybe your Valentine likes fragrance. Aside from roses and lilies (especially those sexy stargazers), there are some perfumed posies that hold their scent for days. Good choices include hyacinths, paperwhites, gardenias, freesias, daffodils, lilies of the valley, lilacs (maybe a bit early for these), tuberose, stock, and mini grape hyacinth. To pack a more delicious punch, combine several varieties in a bouquet. But make sure to ask what’s in season. Anything out of season or exotic equals expensive (and usually imported). But what if your sweetheart has allergies? Interestingly, just because they are flowers doesn’t mean they will smell. As a matter of fact, certain roses have been hybridized so much that they lack the original scent older varieties once had. Flowers like sunflowers, dahlias, ranunculus, anemones, most tulips, hydrangea, and protea are fragrance-free bets. Red, pink and white may still be the
Recent Home & Land Sales Sales data for the period Dec. 19-Jan. 18 from Santa Fe Association of Realtors MLS reports. Not all sales are reported. Homes $28,000 $33,000 $34,000 $97,500 $97,700 $112,100
$114,900 $115,000 $124,500 $168,000 $174,500 $175,000 $190,000
$193,050 $199,315 $210,000 $215,000 $215,000 $221,500 $228,000
Homes $380,000 $437,000 $495,000
$230,000 $235,000 $235,000 $237,000 $240,000 $240,000 $244,000
$248,000 $250,000 $262,000 $262,775 $265,000 $269,000 $270,000
$540,000 $549,000 $675,000 $745,000
Land (None)
$1,015,000 $1,040,000
Land $40,500 $121,000
Homes $71,500 $99,900 $194,000 $222,000 $223,000 $230,000 $230,000
Homes $505,731 $887,000 $960,000 $1,275,000
$1,750,000 $2,014,000
Land $19,900 $170,000 $200,000
$304,500 $325,000 $342,967 $356,217 $370,000 $380,900 Land (None)
$245,000 $260,630 $265,000 $316,000 $320,000 $330,000
$340,000 $350,000 $370,000 $375,000 $392,000 $439,500
$525,000 $550,000 Land $60,000
Homes $243,500 $265,000
most fancied color choices for Valentine’s Day, but most flowers come in a rainbow of hues. And who knows, your Valentine may adore the color orange; it’s always nice to give something one loves rather than merely going with tradition. The most important things are to order early and buy local. Who knows, if you shoot your love arrow in the right direction, something wonderful may bloom just in time for wedding season! Carole (443.257.8833) has been in the floriculture industry for over 23 years, from wholesale and retail sales to public outreach and events planning. She is a Master Gardener and is an advocate, lecturer and supporter of New Mexico’s sustainable, local flower farms. Her floral design studio, “A Garden of Earthly Delights,” is located in Santa Fe and Baltimore.
Homes $160,000 $210,000 $260,000 $320,000 $345,000
Homes $55,000 $76,000 $113,000 $175,000 $230,500 $240,000 $245,000 county
Homes $95,000 $179,900 $185,000 $190,000 $242,000
C A R O LE LA N G R A LL
$265,000 $308,000 $365,000
$375,000 $423,500 $485,000
Land (None)
$400,000 $520,000 $615,000 $644,020 $680,000 $722,700
$250,000 $310,000 $342,500 $351,000 $388,000 $405,000 $478,000 $520,000
Homes $245,000 $369,000 $410,000 $419,000 $456,658 $497,000
H OME
$755,000 $1,220,000 $2,925,000 Land $225,000
$593,000 $725,000 $785,000 $1,300,000 Land $260,000
$503,000 $725,000 $840,900 $1,195,000 $1,600,000 Land (None)
F e b r u a ry 2 0 1 3
15
OutandAbout
A sampling of our Realtor couples
Gabe and Michael, still crazy after all these years
O A K LEY TALB O TT
Bob and Pam, in front of their lakefront estate (Really??)
The Vorenbergs, the “Top Producing Husband & Wife Team, 2012”
Pat and Rose, dancing their way through real estate
George Clooney? Or Chris Appleby? You choose
16
February 2 0 1 3
HOME
Darlings, Today, in order to help Hallmark promote this month’s big event, Valentine’s Day, I’ll share some of the love stories I have uncovered about Santa Fe Realtors who are married to each other and are also business partners. Chocolate Drops, at first I thought I would find only a few couples, but was I surprised. Sotheby’s wins with seven of the 15. Chris and Patti Webster hold the record at Sotheby’s — married 34 years. Patti was managing an upscale boutique on Cape Cod when a tall, strikingly handsome blonde and bearded young man came into her life wearing tight jeans, cowboy boots, and lots of turquoise. Enter Chris Webster, originally from N. Carolina but in love with the Southwest, who had already made a name for himself selling art and antiques to museums and collectors. Chris talked Patti into moving out west, and he thinks that’s the best closing he ever orchestrated. Second place at Sotheby’s goes to Michael Nicola and Gabe Bustamante, together 33 years. One of Michael’s friends called him on a sunny California day to say he was coming over and bringing a friend. Hearing the doorbell ring, Michael looked down from his second story to see a young man with long hair and dark sunglasses smiling up at him. He turned to another friend and said, “That’s the man I’m going to be with the rest of my life.” And nothing has changed. (Maybe Gabe has cut his hair an inch or two). Next are Pam Wickiser and Bob Dunn, who have been together 30 years. Bob was from Boston and Pam was from Denver. In Santa Fe, while selling real estate in different offices, they met at an MLS meeting, which just goes to show that we should start attending those meetings more often. Fourth we have David and Bonnie Sorenson — married 30 years. Real estate
was their introduction, also. Working in different offices in California, they ended up co-listing the same property, and they still send a yearly thank-you note to the clients who brought them together. Fifth are Anne and Alan Vorenberg, married 19 years. Both excellent skiers, they met on Al’s Run in Taos (where they still go today with their three children). They bring that same excellence to real estate, and they were named the top-producing husbandand-wife team of 2012. Sixth at Sotheby’s are Paula and Tim Galvin — married 12 years. They both moved to Aspen (he from California and she from Texas), and they met each other within one week of being there. Of course, they met through real estate working for the same resort community development, River Valley Ranch in Carbondale. Santa Fe Properties has 3 married couples. (No, Cupcakes, Susan Kline and Lynden Galloway aren’t one of them.) Susan Munroe and Terry Smith are, however, and were married at the Palace of the Governors in 1996. Earlier, while living in D.C., they met on an escalator in the Hyatt Regency. He was going down, she was going up, and when their eyes met, they knew they’d be going the same direction from then on. Next we have Warren and DorLisa Berg — married a mere three years (but together for 10). Well, Puppies, what else can I say? Throughout our 20+ year friendship, Warren has always been a man of few words. Keller Williams has two married couples. Melissa Pippin Carson and Roger Carson, married 14 years, were introduced to each other back in the ’90s by our famous chef Lino Pertusini’s equally famous brother Pietro. How could romance fail to flourish when an Italian sees a match? Obviously, Pietro had a good eye for this one. The second KW couple is Rose Lopez Brown and Pat Brown, married 17 years.
Besides being a cradle Realtor (born into the biz in Albuquerque), Pat is also a great CW dancer. When he and Rose started dancing at Rodeo Nights, she knew it was the start of something big. At Barker Realty, Trudi Conkling and Jenny Bishop are the married couple, but you already know that from last month when I reported on their New York wedding. Well, so, it’s worth congratulating them again, don’t you think? Janet and Tony Rousselot are the “it” couple at Karen Walker Real Estate — married 22 years. As fate would have it, Tony was working at Alpine Sports when Janet came in with her sister to buy ski boots. By the time the boots were purchased, Tony and Janet knew their futures were colliding. (And yes, Butter Beans, Patrick Walker is still single!) The grand prize of marriage goes to Dougherty Real Estate — Clara and David Dougherty have been married 35 years, the longest of all these Realtors who are married to their business partners. They first met when attending Catholic boarding schools in Colorado but didn’t get serious until home from college one summer. Beginning and end of story. Well, well, girlfriends, what if you’re single and would like a Valentine of your own? I just happen to know the George Clooney of real estate, and he just happens to be single, and he just started at Keller Williams a month ago. Check Chris Appleby’s photo and tell me what you think. So long, Sweetpeas. Until next time… Oakley Oakley can be reached at merrilypierson@me.com
KAREN WALKER REAL ESTATE LTD. CO.
205 Delgado St., Santa Fe, NM 87501 (505)982-0118 Email: walkerre@aol.com • www.karenwalkerrealestate.com E ES BL ITI I EX UN FL RT PO OP
E
D
SI ST
EA
209-211 DELGADO
$1,495,000
Opportunity for a Subdivision or a Family Compound. Between Santa Fe River and Canyon Rd. 3 Buildings exist. Lots of open land on .656 of an acre. Zoned RC-8, Residential Compound, 8 units per acre. MLS #20123506. Karen 670-2909 Patrick 670-4640
540 E. ALAMEDA #A
$1,225,000
Adobe/frame 2819 sq. ft., 3 bd, 3 ba, wood burning fireplaces, 2 car attached underground garage. MLS#201205405 Patrick 670-4640
T H T G IGH I L R B &
BE
O
AD
Locally Owned & Operated Since 1975
6 OVERLOOK
$798,500
Off Old Santa Fe Trail. Adobe home and guest house. 4 bedrooms, 5 baths. Fireplaces. Country Kitchen. MLS #101201901 Karen Walker 670-2909 Jim 699-9210
325 CALLE LOMA NORTE
$419,500
1568 Sq. Ft. 2 bedrooms, 2 full baths, fireplace, 2 car attached garage. Walk-in closets. MLS #201204327 Karen 670-2909
KAREN WALKER 670-2909 • TONY ROUSSELOT 690-6666 • JIM WALKER 699-9210 JANET ROUSSELOT 946-7161 • PATRICK WALKER 670-4640 • FREDDIE SUE GATEWOOD 410-6400
IN THE HEART OF DOWNTOWN SANTA FE.
623-B ALTO STREET $563,000
IN THE HEART OF TESUQUE.
19 ARROYO GRIEGO MLS # 201205005 $795,000
expect more.
A Full Service Real Estate Brokerage
T E L : 5 0 5 . 9 8 9. 7 74 1
•
D E TA I L S AVA I L A B L E AT
www.dresf.com H O ME FE B R U A RY 2 0 1 3
17
PAGE 17 BLACK CYAN MAGEN-
The Sundial House, 1602 City Lights, on the tour
ARTfeast, Art of Home Tour coming up
T
he 16th annual ARTfeast benefiting art programs for young people in Santa Fe happens Feb. 22-24 in Santa Fe. One of its programs is the Art of Home Tour, featuring eight properties now on the market, with art furnished by nine Santa Fe galleries. On the tour are the award-winning Sundial House by Paul Stephenson Oles, a charming Craftsman-style home in the South Capitol district, and an Eastside house designed by artist and preservationist Frank Applegate and once owned by Fred Harvey. Artwork showcased at the homes during this event are available for purchase. Gallery owners, artists, and/or staff will be on hand to tell you about the artwork, and a portion of the proceeds from sales of art in the homes will be donated to ARTfeast, whose mission is to ensure that Santa Fe and New Mexico youth have the opportunity to explore, experience and engage in the visual arts. “The feedback we’ve received from this event over the past few years has been tremendous,” said Candy Brenton, marketing director of Santa Fe Properties, which produces the Art of Home Tour. “Last year, nearly 500 people toured the homes over the two days. Many of the attendees mentioned to our brokers how wonderful it was that they had the opportunity to view such a wide variety of architectural
18
February 2013
HOME
2212 Paseo Primero Road
styles represented in the homes and, at the same time, enjoy an impressive array of artwork.” Here are the addresses, listing prices of the Art of Home Tour houses, and the names of the galleries showing work in each home: • 2212 Paseo Primero Road ($1,450,000), Mark White Fine Art • 942 Paseo del Sur ($925,000), Selby Fleetwood Gallery • 1448 Nevado Ridge ($890,000), Heidi Loewen Porcelain Studio and The William and Joseph Gallery • 830 El Caminito ($1,025,000), Worrell Gallery • 1012 Marquez Place #404 ($349,000), GVG Contemporary • 1602 City Lights ($995,000), Winterowd Fine Art • 215 Camino Encantado ($1,050,000), Beals & Abbate Fine Art • 1832 Cerros Colorados ($869,000), GF Contemporary The first event on the 2013 ARTfeast schedule is Art of Fashion: Runway show and luncheon 11:30 a.m. on Friday, Feb. 22, at the Santa Fe Community Convention Center. ($100.) An Edible Art Tour takes place 5–8 p.m. Friday, downtown and on Canyon Road. ($35 advance, $40 on event day.) The Feast or Famine event runs from 8 p.m. Friday to 2 a.m. Saturday, Ore House at Milagro. It’s free with EAT ticket or $15. The free Art of Home Tour is open noon to 4 p.m. Saturday and Sunday. Gourmet Dinner & Auction is at 6 p.m. Saturday, Four Seasons Resort Rancho Encantado Santa Fe. ($175.)
Selby Fleetwood Gallery shows art at the 942 Paseo Del Sur listing during the Art of Home Tour
Finally, an Artists’ Champagne Brunch & Auction is held from 11 a.m. to 2 p.m. Sunday, at the Hotel Santa Fe. ($75.) Each of the stops on the Art of Home Tour showcases a piece from the Student Art Project. During tour hours, attendees can bid on these pieces through a silent auction
process and all the proceeds are donated to ARTsmart. Maps for the home tour available at SantaFeProperties. com, ARTfeast.com, and at Santa Fe Properties, 1000 Paseo de Peralta. See artfeast.com or call 603-4643 for more information.
Yourmoney’sWorth
Buyer advantage: the love letter A shift has occurred in the Santa Fe housing market. That’s right, you read correctly. The inventory of homes for sale has decreased dramatically. If you are contemplating a move, is now a good time to sell your home? You bet it is! There will be less competition, the process will be quicker, and with rates at historic lows, there will never be a better time to move up. This will not last long, so take action. At this time of year, only purchasers who are serious about buying are out looking for property. With fewer homes on the market, multiple offers are on the rise, as we saw in the last quarter of 2012. We are now in a “seller’s market.” So if you are a buyer, what can you do to make your offer stand out? Expert Realtors recommend that the buyer includes a handwritten “love letter” with the offer so that you stand out from the other offers. This old-fashioned approach tells the sellers what the buyers
adore about their home and why they are the best suitor for consideration. Georgette Romero of Santa Fe Properties says it is beneficial to attach a letter explaining why a particular offer was made. It gives a little more human touch. Some transactions can have an emotional element and this really helps. In preparation for this article, I sent an email to area Realtors asking if they would share their favorite love letters used to accompany a purchase offer. Here are some favorite letters and comments (condensed). Ann Brunson of Sotheby’s International Realty submitted a letter in which the buyer said that he would buy a telescope to enjoy the night skies in Las Campanas… no street lights to distract from the stars! Julia Gelbart of Santa Fe Properties took a photo of her clients’ entire family hugging the tree in the front yard with the caption, “We really LUV this house!” Even the family rabbit was in the photo. They got the house!
Barbara Blackwell of Keller Williams Realty shared a great letter from her buyers, who work from home and enjoy entertaining their friends and family: We want a place where we can coddle houseguests, serve a formal dinner, or host a cookout while sharing the amazing sunsets only New Mexico can provide. The golden glow of the New Mexico sun in winter casts a light like no other. We have looked at hundreds of homes in Santa Fe for over a year, searching for a place to live and work. We felt like we had come home the minute we walked in the door. We hope you will consider our offer for your house, even though it is lower than your list price. We mean no disrespect with this offer — we are simply constrained by finances. No matter what you decide, or how this transaction works out, please know that we think you have a delightful house that will bring many more years of joy to its inhabitants and guests.
FR A N C IS PH ILLIPS
Happy Valentine’s Day to all and let’s bring more homes to the market for sale because now is a great time to sell – and buy! Francis Phillips (Fphillips@fcbmtg.com) is senior mortgage loan originator with First Choice Loan Services in Santa Fe. He has served as director of business development for national mortgage companies. He and his mortgage partners have funded and built three houses for Santa Fe Habitat for Humanity. H OME
F e b r u a ry 2 0 1 3
19
20
F E B R U A RY 2 0 13 HOM E
BLACK CYAN MAGENTA YELLOW
SpousessellingHouses
A positive: listing supply shrinks As we go into 2013, everyone is talking about the improvement of the housing market. Nationally, this appears to be the case, but Santa Fe lags a little behind. Let’s take a look at the 2012 4th-quarter market statistics and see how well we did. The biggest factor to a healthy market is supply and for years we have suffered from high inventory. That is changing and the biggest gain for our market is the dramatic decrease in homes for sale. At the end of the year there were 1,200 homes for sale, a 47 percent decrease from 2011 and a 7-year low. This represents a 10-month supply, which is still a buyer’s market but with continued activity that could be changing, too. Both pending sales and closed sales were up overall for the year, a 20 percent increase over 2011. This could be a result of the reduction in the average sales price, down almost 7 percent to $419,859. The median sales price is down, also, to $315,000 from $321,893 in 2011. A look at most areas saw some form of improvement. City limits Northwest had a reduction in inventory by 55 percent, which translates to five months, and the median sales price increased 18 percent
to $321,950. Old Las Vegas Highway had a 56 percent decrease in new listings and a 14 percent increase in sales price to $426,000, but inventory levels remain high at 15 months. Tesuque had a 22 percent decrease in new listings to 39 homes for sale and an increase in median sales price to $579,913. While the Highway 285 area had a 12 percent increase in price to $436,050 over $388,500 from 2011, new listings are up and inventory levels remain at 14 months. The Old Santa Fe Trail area had a reduction in inventory to 9.5 months and a small increase in sales price to $470,000. South of I-25 had a big increase in closed sales. Inventory here is at five months but the median sales price dipped again to $280,000. Highway 14 had a small reduction in new listings from 2011 but the median sales price is down 16 percent to $229,000. The Glorieta and Pecos areas have 23 months of inventory so it is no wonder that the median price here dropped to $171,500. The Eldorado market continues to chug along with a decline in new listings. The inventory level here is at four months. The median sales price for 2012 was down
only slightly to $305,000 and it appears this is the most stable of our market areas. The Airport/Agua Fria corridor is running at approximately six months of inventory but their median sales price dipped almost 3 percent to $176,500. Out towards the Northwest county, a 3 percent increase in new listings means a 9.5 months supply of homes for sale. The median price here is down 9 percent from 2011 to $564,000. Las Campanas still has a 12 month supply of homes for sale and the median sales price here slipped yet again to $830,000. Back in city limits, the Southeast had a huge increase in closed sales so inventory levels here are at eight months but the median sales price is down to $387,500 from $396,500 the previous year. City limits Northeast also experienced robust activity but inventory levels here are still over 13 months. The median sales price dropped here, too, to $525,000 from $556,200 in 2011. The city limits Southwest picked up in closed sales and inventory levels are at seven months but again, median sales price dropped to $199,500. Condo sales in the city picked up quite a bit with both an increase in sales and
MELISSA PIPPIN - C A R SO N R O G ER C A R SO N
in median price to $262,000. Land sales in the city and county also rose by 50 percent but the median sales price fell to $100,000. Overall, the Santa Fe affordability index has not been higher. With prices still at all time lows and inventory levels quickly diminishing, 2013 has the makings of becoming a banner year for Santa Fe real estate. 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.
TitleNews
You may be entitled to discounts Previously we have discussed the subject of title insurance being regulated by the Superintendent of Title Insurance of the State of New Mexico. Not many of us as consumers may understand the real benefits of regulation, such as discounts, saving money on title insurance at the aclosing table. It is not only beneficial to the seller but to the buyer also. It is not uncommon to be asked for copies of our prior owner’s title insurance policy, loan title insurance policy, and the HUD statement (closing statement) from the previous closing. All of these are beneficial to us, the consumer. The priors will determine the discount and the size of the discount. When listing our home with a professional Realtor, we will be asked for such copies to benefit us and our buyer. If we are refinancing, we will be asked by the loan officer or escrow officer for a copy of the loan policy issued at the time of
purchase or the previous refinance. No matter how we are asked, there is a benefit to all of these requests. Owner’s policies may have discounts or credits referred to as reissue depending on the age of the original policy. The age is determined by the issue date of the policy. Refinance is not that much different. According to New Mexico law (59A-306.1. Premiums; refinanced property), “The premium rates for title insurance policies issued in connection with the refinance of an existing mortgage or deed of trust, where a prior loan policy has been issued and a copy of the policy or a closing statement evidencing the issuance of the policy is furnished to the insurer or title insurance agent showing title vested in the same borrower and covering the same property, shall not exceed the percentage of the basic premium rate promulgated or approved by the superintendent…” The rate charged based on the ba-
sic premium rate may be as little as 40 percent to not more than 80 percent of the basic rate. All based on the age of the prior policy issue date. Someone after reading this said, “Huh? What does this mean?” So many times we have to rely on others to lead us through mountains of paper and endless questions that only we can answer. All the time we have very little understanding of where we are and where we are going. Professional lenders, Realtors, and escrow officers have a wealth of knowledge. They work diligently to find the best route to the top with the least financial burden to us. They are all focused on providing us with absolute security and peace of mind. It is our right to be sure we get everything we pay for, without paying more than is allowed. Knowledge is said to be power. Knowledge will help us feel more comfortable at the closing table. When asked for the prior policy or HUD state-
O TIS PH ILLIPS
ment, be assured that there is a good end to all of those questions. Otis Phillips is the business development officer for Stewart Title. He has been in the title business since 1978 and has served in the independent title agency, direct office, and underwriter arena in 14 states. Contact him at otis.phillips@stewart.com or 505.954.3334.
H OME
F e b r u a ry 2 0 1 3
21
Fewer using reverse mortgage after spike By Paul Weideman John Ruybalid does not know why the number of people wanting to do reverse mortgages has slid so dramatically in the past couple of years. “I do think the reason for the spike we saw in 2009 was from people losing money in the stock market and trying to figure out how to make ends meet,” said Ruybalid, a reverse mortgage specialist with Gateway Mortgage Santa Fe. The reverse mortgage is a way for homeowners aged 62 and up to borrow against their equity with no mortgage payment, as long as it’s the primary residence. Interest and mortgage insurance are added on to the balance each month and that’s repaid when the house is sold or at death. Meanwhile, the owner is still responsible for paying property taxes and homowner insurance and keeping the property in good repair. In 2005, more than 40,000 Americans participated in FHA’s reverse mortgage program, more formally known as the Home Equity Conversion Mortgage (HECM). The number climbed to over 110,000 in 2009, but it has dropped since then — to about 55,000 in the 2012 fiscal year. About 700,000 of the loans have been made in the last decade or so, up from much smaller numbers before that, according to a story about reverse mortgages last June at the internet site of the National Association of Realtors. The way the program works, the more valuable your home is, the older you are, and the lower the interest rate, the more you can borrow. One disadvantage is that upfront costs can be high. At closing, you will be charged an initial mortgage insurance premium of up to $12,510 (and over the life of the loan, you will also be charged an annual premium that equals 1.25 percent of the mortgage balance.) There will also be an origination fee of as much as $6,000 at closing. You can pay for most of these costs by financing them and having them paid from the proceeds of the loan.
Of course, that reduces the net loan amount available to you. The majority of reverse mortgages being done now are the standard, fixed-rate program. That gives you the maximum, one-time cash payment. If you do a variable rate, you have different choices, such as leaving it in a line of credit to draw on as you need it, or arranging to have monthly payments.
‘There is a huge part of the population that could qualify for a reverse mortgage, but they don’t know about it, and most mortgage loan officers don’t understand it.’
“These used to be much more expensive than they are today,” Ruybalid said. “And FHA came out with a Saver program a few years ago and that reduces the highest closing fee, which is the mortgage insurance, from a maximum of $12,510 to just $62.55. But there is a catch: you get significantly less money. That can be $50,000 or even $100,000. It depends on your age and the appraised value. “Every situation is different. You can have somebody who is just 62 trying to decide if he can retire or not and if he could get rid of the mortgage payment, he could retire and use Social Security to live on.” One caveat is that the reverse mortgage has to be the only lien against the property. “We have to pay off any existing mortgages. If you took out an 80 percent loan, and now you’re coming to me at 62 for a reverse mortgage and I can only give you 50 percent of the value, you’re short. You’re not going to be able to pay off that 80 percent mortgage. It won’t work, mathematically.”
Ruybalid said more than a dozen people pursue reverse mortgages each year in Santa Fe. “We have had some loss in value, so that doesn’t help. And some are distressed sales, short sales or foreclosures. Before, you would sort of discount distressed properties but now they’re so common, it’s standard to use them in an appraisal and not discount them.” Ruybalid said there will be some significant changes to the HECM program in 2013. First, it is likely that the standard fixed-rate program will disappear. In addition, lenders are going to have to put into place some kind of financial assessment to make sure people using the reverse mortgage program will be able to pay their property taxes and homeowner insurance in the future. HUD may require escrows for those things — an amount will be withheld from the money you get. “There is a huge part of the population that could qualify for a reverse mortgage, but they don’t know about it, and most mortgage loan officers don’t understand it,” Ruybalid said. “The number-one misconception is that you’re giving the house to the bank. Some people don’t like it because the interest is accumulating and reducing the equity so that the kids will inherit less. On the other hand, if you owe more than the house is worth, you’re not on the hook for that; it’s covered by the mortgage insurance. “Secondly, these are non-recourse loans, so the senior has no personal liabiliy for the debt: it is paid off when the house is sold. And it does not show up as a debt on your credit report.” Ruybalid said he is always glad to talk to people, at no obligation. His number is 690-1029. Resources: http://portal.hud.gov:80/hudportal/HUD?src=/program_offices/housing/sfh/hecm/hecmhome www.consumer.ftc.gov/articles/0192-reverse-mortgages
A glossary of regional building terms acequia: irrigation ditch, traditionally shared through rule of community association adobe: sun-dried earthen bricks; and a house made of adobe bricks alacena: cupboard built into interior adobe wall araña: traditional wooden, cross- or spider-shaped candle chandelier arroyo: gully, dry wash banco: adobe bench built at base of interior wall canales: drainspouts extending out from parapet of flat roof, designed to protect adobe wall from water cedros: lengths of split juniper used like latillas for ceiling corbel: scroll-shaped wood bracket used to support a viga latilla: juniper or alder branches used for ceilings and coyote fences nicho: niche in interior adobe wall used for storage and art display Northern New Mexico style: Spanish-Pueblo Revival-style house with pitched tin roof placita: inner courtyard.
22
February 2 0 1 3
HOME
portál: porch, sometimes with roof supported by vigas projecting from house, the outside beams supported by zapatas on posts Spanish-Pueblo Revival style: House having walls of earth-colored adobe (or facsimile), flat roof with canales, vigas projecting from exterior walls; typically one story sala: living room Talavera: colorful Mexican tile bearing Moorish designs based on precedents made in Talavera de la Reina, Spain Territorial Revival style: Spanish-Pueblo style modified with brick coping around roofline and white-painted, milled-woodwork details such as pedimented lintels on window frames, and square portal posts torta: packed mud over latilla ceiling trastero: freestanding closet viga: debarked log used as ceiling beam zapata: two-sided corbel used to support beam joint on post
SANTA FE
®
PROPERTIES SantaFeProperties.com
FaceBook.com/SantaFeProperties
LuxuryPortfolio.com
GAVIN SAYERS 505.690.3070
gavinsayers@juno.com
NORTHSIDE ‘MID-CENTURY MODERN’ 215 Camino Encantado - Classic 1950’s home t otally refurbished
with integrity on 2 acres with 100-mile views but only 2 paved miles from Downtown off Bishop’s Lodge Road 3 br, 2 ba, 3600 sq.ft., 2-car garage, 2 acres. MLS #201200650 $1,100,000
SOLD
1000 Camino Pinones - Sophisticated renovation of an old adobe
by a renowned international architect in a prime location neighboring the Historic Eastside. Total remodel in 2012 featuring modern interiors with some traditional elements. Pool! 5 br, 4 ba, 5200 sq.ft., 2-car garage, 3.25 acres.
MLS #201202434
$2,495,000
INNOVATIVE NORTHSIDE CONTEMPORARY
PRECIOUS TRANQUILITY WITH PROFOUND VIEWS
1104 Mansion Ridge Road - Sleek light-filled contemporary 72 E. Tano Norte - Rare opportunity to acquire a large and minutes from Downtown sited for sunset views. Sophisticated design and walls of glass to maximize natural light and solar gain. Large studio with loft office. 3 br, 3 ba, 3342 sq.ft., 3-car garage, 1.79 acres. MLS #201100664 $1,195,000
secluded 37.8 acre lot only 6 miles NW of Santa Fe. Gorgeous land with sublime 360º mountain views for a special custom home. 37 acres (2 lots) at $1,100,000 or 25 acres (1 lot) at $850,000 PRIVATE LISTING $850,000 - $1,100,000
UNDER CONTRACT
ADOBE COUNTRY HOME IN THE CITY
SERENE HISTORIC EASTSIDE ADOBE
745 Placita Santa Fe - 2006 custom adobe with impressive views off OSFT. Well designed with flexible living spaces for casual enjoyment and/ or formal entertaining. High-end finishes. Country feel with outdoor trails, golf, tennis nearby. 4 br, 5 ba, 4200 sq.ft., 3-car garage, 1.875 acres. MLS #201202998 $1,050,000
368 Rodriguez - Terrific blend of Santa Fe style & Scandinavian contemporary in this wonderfully transformed 1860’s adobe on a quiet historic Eastside Street. Flexible floorplan, potential for 3rd bedroom & garage/studio. 2 br, 2 ba, 2312 sq.ft., 0.107 acre. MLS #201100117 $795,000
SOLD
NEW PRICE
This is only the 4th time I have run this page. In that short period it has increased showings on all my listings and helped to sell: 541 Garcia......................... $765,000 1000 Camino Pinones....... $2,495,000 3426 Via Magdalene........... $395,000 745 Placita Santa Fe.......... $1,050,000
SANTA FE STYLE CUSTOM HOME WITH A COUNTRY FEEL
CENTRAL LOCATION WITH EXPANSION OPTIONS
3426 Via Magdalene - Cielo Lumbre - Authentic Santa Fe style 1435 Agua Fria Street - Charming home on a 0.32-acre lot. Large
home on a mostly-walled 1.17 acre lot in the Santa Fe River Valley within the city limits, but with a distinctly country feel. Some mountain and city light views. 3 br, 2 ba, 2243 sq.ft., 2-car garage. MLS #201005893 $395,000
lot for expansion. Solid block home for owner occupation or investment. Two-car garage/workshop with wood stove. Central location for Railyard and Downtown. 3 br, 2 ba, 1366 sq.ft., 2-car garage. MLS #201202928 $159,000
(Under Contract)
Advertising Works. List With Me!
1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com
Luxury Market Group
SANTA FE
®
PROPERTIES
SantaFeProperties.com
FaceBook.com/SantaFeLuxuryHomes
1000 Paseo de Peralta, Santa Fe, New Mexico 87501 505.982.4466 • 800.374.2931 SantaFeProperties.com
FaceBook.com/SantaFeProperties GORGEOUS CONTEMPORARY RESIDENCE WITH GREAT VIEWS!
ROMANTIC HILLTOP ESTATE
The Luxury Market Group
LuxuryPortfolio.com A LUXURIOUS AND PRIVATE HACIENDA
PROVIDES EXCEPTIONAL SERVICES, DYNAMIC NETWORKING, AND MARKETING PROGRAMS TO MAXIMIZE OPPORTUNITIES FOR SELLERS AND BUYERS OF HIGH-VALUE PROPERTIES
Andy Ault
670.7911
Kevin Bobolsky 470.6263
Lynden Galloway 501.1111
Pat Pipkin
946.0449
Deborah Bodelson 660.4442
Cristina Branco
Val Brier
Ginny Cerrella
James Congdon
920.7551
690.0553
660.8064
490.2800
501.1327
Philip Gudwin
Debra Hagey
Heidi Helm 930.7020
Susan Kline
501.0101
Gavin Sayers
Richard Schoegler
660.6009
984.7343
670.6132
Jan Hamilton 690.8994
Efrain Prieto
Kate Prusack
Steve Rizika
Matthew Sargent
Paul Geoffrey
470.6909
Peggy Conner
670.1409
577.8240
490.1718
690.3070
577.5112
Don DeVito
690.1866
Sharon Macdonald 660.5155
Bob Lee Trujillo
470.0002
Suzy Eskridge
Farber-Condon
412.9912
690.5162
Dermot Monks
Victoria Murphy
Vivian Nelson
310.4116
Laurie
Dave Feldt
470.0639
660.5395
470.6953
Marg VeneKlasen
Jim Weyhrauch
David Woodard
660.9151
660.6032
Marilyn Foss
231.2500
920.2000
WE DELIVER STRATEGIC MARKETING: TARGETED, INTEGRATED, MEASURED Our marketing campaign includes high profile local, national and international publications. It gives your property exposure to a worldwide audience of affluent consumers through hundreds of Luxury Portfolio affiliates around the globe and through publications with high-net-worth consumers like Veranda, The Wall Street Journal, Luxury Portfolio Magazine, Smart Money, Luxe Interiors + Design, Unique Homes, Santa Fe Living and the Santa Fean. Call one of us today to discuss a customized marketing plan designed to produce a successful sale of your luxury home.
66 CAMINO DE MILAGRO • On a ridgetop at the foot of the Sangre de Cristo Mountains • Sensational 360-degree degree views • Magnificent adobe main house with old world charm • One-bedroom guest house, newer equestrian facilities • 3 br, 4 ba, 25 acres SantaFeProperties.com/201203243 $2,375,000 Jan Hamilton 505.690.8994 Cristina Branco 505.920.7551 ARCHITECTURALLY DESIGNED CONTEMPORARY
17 RANCHO DE BOSQUE SOUTH • Socially responsible green property; black & grey water system • Unique design capturing Galisteo Valley views • Passive solar, and a 12,000 gal. rainwater capture system • 2,100 sq.ft. guest house and fabulous artists studio • 4 br, 4 ba, 4948 sq.ft., 2-car garage, 2.5 acres. SantaFeProperties.com/201204350 $1,500,000 Deborah Bodelson 505.660.4442 CASA PALACIO – CASUAL AND ELEGANT
% Gain/Loss
40% 30%
916 OLD SANTA FE TRAIL • Style and feel of an authentic Old World hacienda • Gracious living room, kitchen, dining, gallery/ballroom • Secluded, single-level separate guesthouse with parking • Established inviting landscaping, balconies, courtyards • 5 br, 5 ba, 5794 sq.ft., 0.693 acre. SantaFeProperties.com/201202950 $1,495,000 Kevin Bobolsky 505.470.6263 $ Marilyn Foss 505.231.2500 INNOVATIVE NORTHSIDE CONTEMPORARY
ON SILVER MESA IN LAS CAMPANAS
6 SILVER MESA COURT – NEW PRICE! • Uniquely sited on 2.9 acres in the heart of Las Campanas • Great location near the award-winning Clubhouse • Overlooking lake on 11th hole of the Nicklaus Sunrise Course • Across from Spa and Fitness Center • 3 br, 4 ba, 3824 sq.ft., 2-car garage, 2.91 acres SantaFeProperties.com/201104948 $1,325,000 Jim Weyhrauch 505.660.6032 WILDERNESS GATE HOME, GUEST HOUSE AND ART STUDIO
LUXURY REAL ESTATE SALES
20% 10% -10%
SPECTACULAR EASTSIDE ENTERTAINERS COMPOUND
183 HEADQUARTERS TRAIL • Luxurious and private adobe hacienda on 21.55 acres • Traditional touches: vigas, latillas, kiva fireplaces • French doors open to expansive portals, organic garden • Horses are welcome in this beautiful community • 4 br, 4 ba, 3940 sq.ft., 3-car garage SantaFeProperties.com/201100149 $1,600,000 Laurie Farber-Condon 505.412.9912
WE OFFER EXCEPTIONAL RESULTS IN
50%
0%
1204 OJO VERDE • Contemporary home with tremendous city light and mountain views • Fabulous gourmet kitchen with cherry wood cabinetry • Lower level guest suite with private entrance • Grand portals, terraced stone gardens, and breathtaking views • 1.59 acres with 4 br, 5 ba, 5307 sq. ft. SantaFeProperties.com/201102786 $1,745,000 Matthew Sargent 505.490.1718
38%
SANTA FE COUNTY
16%
2011 vs. 2012
-20%
Entire Luxury Market
Santa Fe Properties
Residential sales $1m+ by dollar volume. Based on data obtained from the Santa Fe Association of Realtors’ Multiple Listing Service, compiled on 1/7/13. Deemed reliable but not guaranteed.
1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com
606 EAST PALACE AVENUE • Impeccably restored circa 1905 Victorian treasure • 4 Bedrooms, 2 baths, 3358 sq.ft. • Beautiful hardwood floors • Rock & brick construction • In the heart of the Historic East Side SantaFeProperties.com/201200798 $1,200,000 The Efrain Prieto Group 505.470.6909
1104 MANSION RIDGE ROAD • New price on sophisticated contemporary close to downtown • Attached studio and office for potential add’l 1-2 bedrooms • Flooded with natural light from walls of glass • Sleek gourmet kitchen/dining/living, shaded outdoor living • 3 br, 3 ba, 3342 sq.ft., 3-car garage, 1.79 acres SantaFeProperties.com/201100664 $1,195,000 Gavin Sayers 505.690.3070
2310 WILDERNESS RIDGE • A peaceful private setting in the tall pines and aspens • Home with guest house and studio • City lights and mountain views • Living room, kitchen, formal dining feature hand-hewn beams • 3 br, 3 ba, 4263 sq.ft., 1-car garage, 5.03 acres SantaFeProperties.com/201203641 $1,095,000 Richard Schoegler 505.577.5112
1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com
SANTA FE
®
PROPERTIES SantaFeProperties.com
Deborah Bodelson
Associate Broker Cell: 505.660.4442
deborah.bodelson@sfprops.com Women’s Council of REALTORS®-2010 President-Santa Fe Chapter Member - Santa Fe Properties Luxury Market Group
FaceBook.com/SantaFeProperties
LuxuryPortfolio.com
Cary Spier, CNE Associate Broker Cell: 505.690.2856
The Bodelson Team
Historic Frank Applegate Estate
Located in the heart of the Eastside. With a total of 10,019 sq.ft on 1.74 lushly landscaped acres with water rights, 6 bedrooms, 7 baths and detached fully appointed guest house. MLS #201204218
831 El Caminito
$3,300,000
cary.spier@sfprops.com
Fabulously Romantic
Historic Galisteo Village. This walled acre has 3 unique dwellings. The 1800’s adobe has 3 bedrooms, 2 baths restored, and a spacious guesthouse. Studio has a chef’s kitchen, theater & bath. MLS #201205400
12 La Vega
$1,910,000
LAND OFFERINGS
Las Campanas Golf Course View Lot Las Campanas - This Las Campanas lot overlooks the 17th fairway of the Sunset Golf Course. It has spectacular 360° mountain views. This is a very buildable 1.6-acre lot. MLS #706056
Historic Witter Bynner Estate
Downtown and on close to one acre, this 8600 sq.ft. home is romantically set behind adobe walls with terraced rock and mature landscaping. Presently functioning as the Inn of the Turquoise Bear B&B. MLS #201203211
342 E. Buena Vista
$2,399,000
5 Calle Arbusto, Lot 23 $150,000
Gracious Country Estate
Smashing views, lush landscaping & beautiful gardens. This 5100+ sq.ft. estate has 6 kivas, a guest suite, swimming pool, 6-stall horse facility with turnouts. Chef’s kitchen. MLS #201202604
9B Media Luna
$1,700,000
Build Your Dream Home on this 5 Acre Lot In La Barbaria canyon, this parcel is nestled amongst ponderosa pines with gorgeous canyon views and interesting rock formations. At least 3 possible building sites. MLS #201203368
Responsibly Green
Lot 2 La Barbaria Canyon $168,000
41.5 Spectacular Secluded Acres
Ride into the Sunrise
Located in the prestigious original Cash Ranch. This 41.5 acre lot has more than 12 buildable sites for your home. Mountain views from almost every location the best of the wild west. MLS #800753
3554 sq.ft. on 5.8 acres with mountain views, 3 beds/3 baths, chef’s kitchen, 5-stall barn, view portals, significant landscaping, 3-car garage and 500 sq. ft. studio/workshop all behind private gates. MLS #201204259
208 Arroyo Hondo Trail
$1,100,000
21 Allucia Lane $175,000
Turnkey Building Opportunity
Architecturally Designed Contemporary
With custom finishes and unique design the main house of 2800 sq. ft. has a chef’s kitchen open to dining with views of the Galisteo Basin. Black & grey water system. Very green. MLS #201204350
17 Rancho De Bosque South
$1,500,000
Sanctuary on Opera Hill
Santa Fe style, views & adobe at their best in the community of Casas de San Juan. Beautiful portal facing the Santa Fe Opera with views and kiva. Main home, guest house and studio apartment. MLS #201202960
9 Camino Del Alba
$1,550,000
1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com
In the gated Summit Ridge, this 1.5 acre lot comes with a full set of working architectural drawings. Minutes from downtown and the Santa Fe Ski basin. MLS #201203360
1112 Summit Ridge, Lot 32 $299,000
SANTA FE
Luxury Market Group
®
PROPERTIES SantaFeProperties.com
KEvIN BOBOlSKy 505.470.6263
RanchNewMex.com
Facebook.com/SantaFeProperties
LuxuryPortfolio.com
509 Abeyta Street $925,0000 Hidden away on an eastside lane is this 2 or 3 bedroom authentic Santa Fe style home. Completely renovated, all the coveted features are found here including thick adobe walls, brick and wood floors, 2 fireplaces, plaster walls and many original vigas.Wonderful outdoor living portals look onto a spacious, private yard with old growth aspen groves. A detached garage/studio is a bonus. Short term rental permit in place. MLS #201205260
MARIlyN FOSS
505.231.2500
SantaFeluxuryHomeForSale.com
PRICE REDUCTIONS
PRIVATE OFFERINGS
701 Calle Del Resplandor $975,000 518 Johnson Lane $459,000 Stunning, custom 4 BR condo at Los Easy walking distance to Canyon Road Miradores, the popular gated community is this magical Pueblo style 2 BR, 2 BA with a pool & tennis court. Inside are high home with an appealing portal and nice viga ceilings, brick & wood floors, AC and 2 outdoor spaces. A renovated, cozy and fireplaces. Outside is marvelous landscaping spacious hideaway. MLS #201205203 & patios including a large entertaining ramada with a fireplace. A wonderful place to call home! MLS #201202803 DOUG MCDOWELL PROJECT UPDATES
Sophisticated Eastside House and Guesthouse $1,350,000 Hidden away off El Caminito is a private, beautifully renovated 2 BR house and guest house with, as a bonus, the rare Eastside garage. Sequestered behind walls, there are numerous patios, courtyards and a pastoral ambiance. The main house is subtle, Southwest style with clay plaster walls, brick floors, beamed ceilings, 2 fireplaces, radiant heat and a cozy eat-in kitchen. Just a stroll to Canyon Road.
3961 Old Santa Fe Trai $1,600,000 Meticulous McDowell restoration of a 1939 John Gaw Meem Pueblo Revival classic home in the Sun Mt. area. 3 BR, 3 BA with a protected courtyard on 1.56 acres. Known as the Sunny Hill House. Completion date early summer 2013. MLS 201203864 610 Garcia at Las Placitas $1,895,000 New Construction - Last home available at the award winning LEED Gold Certified Eastside Compound. 3 BR, 4BA, all one level, universal living design with double car garage. Wonderful indoor/outdoor living portals and courtyards. Completion date fall of 2013. MLS 201204649 123 Circle Drive – to be built, Price on Request New McDowell construction on a 2 acre Circle Drive view lot. Driveway just completed. Get in early for some personalization of finishes and design. Call for more information.
Apache Mesa Ranch Price Upon Request One of Northern New Mexico’s most versatile and amazing ranches found deep in Georgia O’Keeffe country. A 5,000 sq. ft. adobe hacienda with amazing character, pool & outdoor kitchen, a carriage house, gate house, guesthouse, studio and extensive horse facilities including a dressage arena make this a spectacular one-of-a-kind living situation. Unbelievable vistas, peace and quiet. Bordering thousands of acres of National Wilderness.
1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com H O ME FE B R U A RY 2 0 1 3
27
PAGE 27 BLACK CYAN MAGEN-
SANTA FE
®
PROPERTIES SantaFeProperties.com
22 Entrada La Cienega
Facebook.com/SantaFeProperties Price reDuctioN!
charming southwestern style adobe home overlooks the nearly 20 acre property to embrace dramatic 360º views. Property includes an 8600 sq. ft. heated car storage facility with small office and bath and a mobile home used as a caretakers house or office (both strategically located so as not to be seen from the home). The 3 bedroom, 4 bath home has a magnificent master suite, office/library, formal living/dining, comfortable kitchen, wet bar, and spa room. It is surrounded by walled courtyards, beautifully landscaped gardens on drip, outdoor kitchen and dining areas, sweeping portals and patios. 3 Bedroom / 4 Bath / 19.6 Acres #201204490
$1,700,000
Jim Weyhrauch Associate Broker
Mobile: 505.660.6032 Direct: 505.984.7323 jimw@sfprops.com
#807479
$1,100,000
Dan Wright Associate Broker
Mobile: 505.819.1774 Direct: 505.984.7332 dansfp@hotmail.com
Team Veneklasen Marg Veneklasen 505.660.9151
kate@prusack.com
Annie Veneklasen 505.670.5202
annievk@newmexico.com
7 Two Trails Road Loads of Possiblilities! A great opportunity to buy a 3 br home, with den plus add’l studio/br - enough space to garden, tinker… Priced to allow updating. Convenient to El Gancho, Harry’s, Bobcat Bite. Chicken coop, greenhouse, garden, fruit trees, carport and a large storage/workroom.
$339,000
1713 MontaÑo Modern design passive solar home, designed to qualify for State Sustainable Tax Credit. Light-filled design makes the home feel larger than it is! Green home features high efficiency heat, hot water. 1450 sq. ft., 3br, 2ba, 0.21 acre.
$299,900
6 Camino Barranca
Build your dreamhouse on one of the best Sangre view lots remaining in Aldea. Aldea is a specifically designed community with walking paths, tennis court, lots of open space.
MLS #201205555 10 Camino Barranca MLS #201205556
Price reDuctioN!
tucked away off of one of Santa Fe’s most historic roads, this spacious double-adobe home, with traditional Northern New Mexico architectural features, offers cozy living and tons of charm. the kitchen has been remodeled with granite counters and a breakfast nook. the home has many extras including oversized master bedroom with separate sitting area and fireplace, a garden room, wine cellar, and views from patios on east and west side of the house. 3 Bedroom / 2 Bath / 1.5 Acres
&
505.670.1409
MLS # 201202124
3900 Old Santa Fe Trail
WEYHRAUCH WRIGHT
Kate Prusack
MLS # 201204032
LuxuryPortfolio.com
$70,000
Under Contract
$70,000
255 Camino de La Sierra Just what you’ve been looking for... bright and charming townhome close to the Plaza. This end-unit has been upgraded and boasts large master bedroom suite, guest bedroom, office and a private courtyard. 2 Br, 2 Ba, 1-car garage, 1700 sq.ft.
MLS #201205041
$439,000
234 Camino de La Sierra City, sunset and Sandia/Ortiz mountain views are just icing on the cake for this spacious, light-filled Valle del Sol townhouse. Upstairs master suite, custom Talavera tile accents, and a spacious porch. 3 Br, 2 Ba, 2-car garage, 2,200 sq.ft.
MLS # 201005773
$549,000
1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com 28
F E B R U A RY 2 0 13 HOM E
BLACK CYAN MAGENTA YELLOW
SANTA FE
®
PROPERTIES SantaFeProperties.com
Facebook.com/SantaFeProperties
LuxuryPortfolio.com
modEl homEs oPEn saTurday & sunday 12-3
new Homes in la Pradera subdivison uPPer Cerro gordo adobe
two builders to Choose From Community College distriCt City water – 50% oPen sPaCe
1661 Cerro gordo
Custom Pueblo-style Home
Just off of upper Canyon Road. A 1959 built adobe with lots of traditions. Plastered walls, 4 estanCia Court beamed ceilings, marble and hard wood floors, Great floor plan situated on a 2.55 +/- acre corner built-in bookcases, sandstone fireplace, kitchen lot in La Villa escondida, a community adjacent with cherry wood cabinets. to Las Campanas. Perfect for indoor and outdoor MLS #201205455 $639,500 entertaining with a large wraparound portal and open kitchen/family room. NG MLS #201205580 $639,500 dI N Pe
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. SuNFLOWeR MOdeL. Aptly named for its bright, sunny and open design, the Sunflower invites you to enjoy the best possible combination of private space and gathering places, inside and out. The gourmet kitchen serves at the hub of this extraordinary home, with the impressive living room and formal dining room. Two of the bedrooms and the 3 car garage are on one side of the home and the luxurious master suite on the other. (To be built)
4 bedroom Home on oversized lot 2555 Camino Cabestro
great CommeriCal oPPortunity 716-a nortH riverside drive
Great commercial opportunity in the “Heart of espanola” Commercial district. This property consists of 3 buildings: 3850+/- sq.ft. main building with loft area and all utilities. Garage/warehouse building contains 1584+/- sq ft. 0.7 acre lot. $379,000 MLS #201102299
Large 4 bedroom home plus family room. Situated on an oversized lot in an established neighborhood. New carpet, paint, hot water heater, garbage disposal and new heater in family room. excellent price per sq. footage ($91.46 +/- sq. ft.) Conveniently located near shopping centers, hospital, parks and community services. $189,500 MLS #201203614
28 bosqueCillo (Home to be Built)
desert Marigold Floor Plan - 1415 +/- sq.ft., 4 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. 2 Car Garage. Barrel vault entrance into family room opens to kitchen and dining. Master Suite with large closet, full tub and separate shower. 2 Car Garage. Engery Efficient. Front Area Landscaped with drip Irrigation System. MLS #201205266 $255,000
41 bosqueCillo (Model Home Now Available)
Apache Plume Floor Plan –1308 +/- sq.ft., 3 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. Spacious Family room with raised ceiling. Open kitchen, dining and living area. Large Master Suite. 2 Car Garage. Energy Efficient. Front Area Landscaped. MLS #201204152 $239,900
44 bosqueCillo (Model Home Now Available) PeNdING
beautiFully uPdated 537 onate PlaCe
Great updated 1530 sq.ft. home with oversized investment oPPortunity in esPanola! 436 sq.ft. garage. Completely walled and fenced yard. Home has some plaster walls and bond street Mixed use commercial building contains a medical hardwood floors. Totally new kitchen, updated office, which is approx. 2684 +/- sq.ft. with a 7 year bath, updated windows and roof. $245,000 lease in place with 5 remaining (and with increases). In MLS #201200894 addition, this property offers a 722+/- sq. ft. residential land listings 1 bedroom, 1 bath apartment upstairs. Strong lease 186 TracT 2 El rancho history. Call Listing Broker for info. do not disturb Property has well and septic tank in place and tenants, please call for a private showing MLS #201103936 $349,000 ready for you to build or place a mobile home. Horses are welcomed. Close commute to Los Alamos and Santa Fe. MLS #800126 $128,500
desert Marigold Floor Plan - 1415 +/- sq.ft., 4 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. 2 Car Garage. Barrel vault entrance into family room opens to kitchen and dining. Master Suite with large closet, full tub and separate shower. 2 Car Garage. Engery Efficient. Front Area Landscaped with drip Irrigation System. MLS #201204244 $255,000
33 Canto del Pajarito (Model Home Now Available) PeNdING
evening Primrose Floor Plan – 1522 +/- sq.ft., 3 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. Forced Air heating. Welcoming entrance with gracious curb appeal. Open Floor Plan. Master Suite separate from guest bedrooms. Front Area Landscaped with drip Irrigation System. 2 Car Garage. Energy Efficient. MLS #201204246 $259,900
nEw PricE! 10 Francis lanE
Custom built on large Corner lot 2 Calle amistosa
This custom built home is located on a large corner lot. Open concept living. Wet plastered walls, kiva fireplace, high ceilings, some vigas & beams, tile in living areas and bathrooms. Granite countertops. MLS #201204196 $425,000
Beautiful setting in the Pojoaque Valley to build your home. Lot ready for building permit. New 260 foot private well in place. Great restrictive covenants. Includes two (2) acre foot Water Rights. All utilities. Owner/Broker. Call agent for gate code. MLS #201000073 $149,500
loT 13 high summiT - PricE changE!
Truly the top lot in The High Summit. 360 degrees of absolutely fabulous views of Santa Fe watershed, city lights of Santa Fe and Los Alamos. All city utilities. Just minutes to downtown. Owner/ Broker. Call agent for gate code. MLS #201002339 $489,500
bob lee trujillo Direct: 984-7305 Cell: 470-0002 bltbroker@aol.com
renee brooks Direct: 984-7301 Cell: 470-1681 rccbrooks@gmail.com
1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com H O ME FE B R U A RY 2 0 1 3
29
PAGE 29 BLACK CYAN MAGEN-
SANTA FE
®
PROPERTIES SantaFeProperties.com
Facebook.com/SantaFeProperties
LuxuryPortfolio.com
Ski BaSin and the Colorado MountainS ViewS
PerfeCtion, CloSe to dowtown!
this North Summit Home. This home affords easy living with a Wolf electric oven and microwave, two-drawer dishwashers, Sub-Zero, refrigerator, and smooth surface cooktop. MlS # 201105799 $890,000
room/dining room. High end finishes include brick floors, beautiful cherry cabinets, granite tile counter tops, double ovens & stainless appliances. MlS #201204576 $475,000
Val Brier
1448 nevado ridge -. Views of the Ski Basin and the Colorado Mountains from 207 Calle roble - 2000 sq.ft., 3br, 2ba, single story, evap. cooling, radiant heat, open living Lower Price
505.690.0553
valbrier@comcast.net www.SantaFeSanctuaries.com
exquiSite uPPer Canyon riVer Cottage and additional lotS unique and Beautiful hoMe in naVa ade
4205 Big Sky road -. This home affords privacy behind gated courtyard wall.
1544 sq.ft. is inclusive of a 3 bedroom, 2 full bath main house and a 252 sq.ft. guest house with a full bath, 1-car garage and hot tub. MlS # 201204061 $289,000
1463 upper Canyon road - A remarkable and rare setting for this utterly
charming cottage on the always flowing section of the Santa Fe River. There are two adjoining lots available all with high producing wells. MlS #201204149 2.24 acres, 3 acre foot well. $1,575,000 MlS #201203849 Cottage $897,500 MlS #201202907 0.67 acre, 55% well share of 3 acre foot well. $695,000
Matthew Sargent Beautifully reStored eaStSide geM
exquiSite uPPer Canyon riVer Cottage
1463 upper Canyon road - A truly remarkable and rare setting for this utterly charming cottage on the always flowing section of the Santa Fe River. There residence of famous Santa Fe artist Willard Clark. Superb gourmet kitchen with is ample room to expand on the .56 acre lot. There is an adjoining .67 acre river high-end appliances. Elegant main living room and a secondary social gathering front lot available for $695,000. These two properties are served by a high Salon room with high ceilings and clerestory windows. Incredible grounds. producing private well! $897,500 MlS #201204407 $1,045,000 MlS #201203849 403-405 Sosaya - Perfect downtown location. This was once the print shop and
Direct: 984-7393 Cell: 490-1718
mateosargent@earthlink.net www.MatthewSargent.com
Cozy eaStSide hoMe near Canyon road
1105 Camino San acacio -
Just one block from famous Canyon Road, this beautifully renovated Santa Fe style home offers a spacious floor plan, plastered interior walls, flagstone floors, vigas and pine plank ceilings. MlS #201005122 $698,000
quiet loCation near the hoSPital
110 Camino teresa - Wonderful home on a quiet dirt road circle at the end
of Don Gaspar Avenue. This Territorial style home offers two bedrooms and two offices; one of the offices has a Murphy bed, built-in bookshelves, and can be used as a 3rd bedroom. MlS #201202714 $447,000
1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com 30
F E B R U A RY 2 0 13 HOM E
BLACK CYAN MAGENTA YELLOW
Inside Adobe Walls HOME
February 2013
31
A splendid condo on Alameda Story by Paul Weideman ~ Photos by Jane Phillips unless otherwise noted
S
anta Fe businessman Felipe Delgado consolidated this property 150 years ago from lots owned by merchant Anastacio Sandoval and farmers. Subsequent owners included Levi Hughes and Charles Proebstel, who were the founders of the Santa Fe Builders Supply Co. (Sanbusco); and, from 1967 to 2004, Zane and Maryann Spiegel. The main house, facing on East Alameda Street and the Santa Fe River, was reportedly built in 1928 of pentile (blocks of a dense material once produced by the state penitentiary at Santa Fe) and was renovated and expanded in 1975. Six years ago, designer/builder Jay Parks added a half dozen condomimium units on the property; one of these, a handsome, 3,525-square-foot condo, is on the market. There are four bedrooms and four bathrooms. All of the exterior walls are adobe and interior walls are wood-frame. The unit boasts wood floors and hand-plastered walls throughout. Heating is both in-floor radiant and forced-air heating, while summer highs are moderated wth a refrigerated air-conditioning system. The living-room is graced with elegant wood windows with exposed lintels and a ceiling of vigas and coved plaster. In the kitchen, the ceiling is planks on vigas; other appointments are granite and wood countertops, a Viking range/oven, Sub Zero refrigerator exteriorally
32
February 2013
HOME
paneled in the same wood as the ample cabinet package, and a nice, big apron sink before a window. An adjacent sitting room has a kiva fireplace. In fact, there are five fireplaces in this house, all bearing unique designs. The example in the living-room has bricks around the black-screened firebox, the whole placed within a frame of posts and carved-wood mantel. The living room opens onto a private patio — with a large, outdoor fireplace. The master bedroom is modest in size, but gracious. The bathroom has a generous dressing room, a central changing table topped with the same blue marble as on the long bathroom vanity and in the shower. The garage was excavated to help hide it at ground level. It is fully finished, as is a storage room. The driveway is heated, as are the canales (to prevent the buildup of heavy ice on these roof drains). All of the well-planned landscaping plants are on a drip irrigation system This property, 540 E. Alameda, Unit D, is co-listed by Moo Thorpe, Chris Haynes, and Jennifer Gallagher of Sotheby’s International Real Estate and Gary Hall and Meleah Artley of Barker Realty for $1,995,000.
Paul Weideman HOME
February 2013
33
The parking garage construction site, seen looking southeast from a third-floor balcony on the old hospital
Hotel project on pace for summer ’14 opening Story and photos by Paul Weideman
T
he tower crane behind the old St. Vincent Hospital will be taken down on Feb. 20. That’s some kind of milestone in the big construction project under way there since the spring of 2012. The tall crane has been indispensable in two major aspects of the project to convert the 1954 hospital into a 200-room hotel: building a parking garage and an addition to the hotel’s south side. The addition walls are being built with AMVIC blocks, an insulated concrete form produced in Canada. (The last time such white blocks were seen on a downtown Santa Fe project was in 2007-2008, when another brand of ICF, Nudura, was used for the New Mexico History Museum.) These hollow polystyrene blocks are stacked like Legos on anchored rebar, then concrete is poured through the
34
February 2013
HOME
centers. The walls of the parking garage use less-expensive steel framing. The garage, designed to accommodate 204 vehicles, follows the grade of the land, which falls off away from Paseo de Peralta — it’s a 10-foot drop from Paseo to the old boiler building, which will be converted to serve as a conference center. (The smokestacks will stay.) “The top of the highest part of the garage will be a halfstory higher than Travel Bug across the street,” said Drury’s Santa Fe project manager, Brian Nenninger. “We still have to pour the third level. The whole building is for parking except for a one-story, 4,000-square-foot building, on the Paseo end of the parking structure, which will have some kind of retail.” Besides all of the activity on the former parking lot between the old hospital and the New Mexico School for the Arts — both John Gaw Meem buildings — Drury has been
busy inside the future hotel. Virtually all of the interior walls have been removed. What’s left are the hefty, cement supporting columns. “This is a poured-in-place concrete building,” Nenninger pointed out. “It’s a pretty stout building; you can’t do too much to it.” The existing walls are made up of two layers of brick on the exterior and about eight inches of plaster and fireblock on the inside. The 10-inch voids between the two will be filled with insulation. The building’s overall insulation factor will be a huge improvement over its previous condition. The hotel’s main entrance, under a second-story postand-beam balcony with white wood balustrades and modillion cornice, will be on the south side, looking across a broad, paved area to the old boiler building and the northwest corner of the parking garage. It’s all being done in the Territorial Revival mode, tieing
The Drury Plaza Hotel site plan, bordered on the north by E. Palace Avenue and on the east by Paseo de Peralta
into the 1954 building’s brick parapets and occasional, white-painted pedimented lintels. “The new building can’t be exactly like the existing; you want to be able to discern that it’s later, and that goes even for the brick coping on the roofline,” Nenninger said. “It will be a similar color, a similar reference, but not exactly the same.” The old hospital is brick, painted over. The addition on the south side includes two implied tower elements. “Meem used that on another façade so these refer to what he did, and they will be brick and painted but in a different shade from the original building. Everything else that’s new will be stucco.” The hospital was designed and built on a budget, which explains the fact that the E. Palace facades (and to some extent the Paseo de Peralta facades) are much more decorative — including with sections of ornamental brickwork between some windows — than the walls facing the former parking lot. The implied tower that Meem did is on an eastfacing facade. It’s the highest section of the series stepping away from E. Palace Avenue. The topmost of the four windows is one of the building’s fancier ones, with a Territorialstyle frame including a dentil cornice on the pediment, as well as a projecting, 8-post balcony element. “It’s just a flat wall section, but when you’re looking up, it looks like a tower. It’s a very creative gesture that Meem did.” When the hotel is complete, Drury may start immediately on the next phase: conversion of the 1908 Marian Hall into a 30-room boutique hotel. Or that may be put off for a year or two. Either way, the Marian Hall roof will be replaced this summer.
Inside the old hospital, the rooms are all gone
While the hospital interior was modified significantly over the years, Marian Hall next door “has quite a bit of historic fabric,” Nenninger said. As such, it will be changed
to a lesser degree. “We will maintain the original hallways, although the rooms on either side were changed over the SEE Drury project on Page 37 HOME
February 2013
35
We don’t just sell new homes, we sell lifestyles. Only 3 Left!
We offer the perfect solution for those wanting to travel, entertain and enjoy a carefree lifestyle. Spacious single story floor plans with beautifully designed elevations and private patios. Great new homes for empty nesters looking for that ideal location 5 minutes from the Plaza. CH A P M A N H O M E S
50 5 - 9 8 3- 8 10 0 c h a pma nh o me s . c o m
Open Sunday - Friday 1-5PM
36
Old Pecos Trail at St. Michaels Drive near Zia Rd.
F E B R U A RY 2 0 13 HOM E
BLACK CYAN MAGENTA YELLOW
Drury project continued from page 35 years and we will be changing them. In the original sanitarium, you didn’t have your own bedroom; you had beds lined up, so the rooms were bigger and the Sisters over time changed the uses, including for a convent and a girls’ school, then later the state came in to use it for offices.” Drury plans to restore the old main entry in line with Cathedral Park, the glass atrium (enclosed sun porch) on the hall’s west end, and the verandas with their handsome white-painted wood railings and pickets. “Replacing all of those is an undertaking, but we have quite a few carpenters
in our workforce and there are quite a few excellent people locally who can do this kind of work as well.” Marian Hall’s historic chapel will be restored, as will the old dining hall. At the northeast corner of the property, across from the historic Willi Spiegelberg house (now Peyton Wright Gallery), the lawn area will be preserved and improved, but Drury will remove the bridges or “ambulatories” that were added a few decades ago between the hospital building and Marian Hall. Drury Plaza Hotel is the sixth or seventh in a new line of full-service hotels Drury has developed, althought selectservice hotels are still the company’s bread and butter.
For local reference, Nenninger said the new hotel will be “several steps above” the Drury location on Jefferson Street in Albuquerque. The company is also getting a reputation for sensitive “adaptive re-use” projects. Just before starting the Santa Fe project, Drury finished a historic remodel on a 90-year-old hotel in Wichita, Kansas. One of the organizing principles of the Drury Plaza Hotel master plan is a promenade that thematically extends the central path in Cathedral Park through the Drury property. Nenninger said that because that promenade and other landscaping will be completed in this same phase, the whole five-acre site will look finished when the hotel opens in the summer of 2014.
PermacultureinPractice
Happy B’day, Santa Fe Permaculture! Santa Fe Permaculture (SFP) turns 20 this spring. Part of the festivities include my talk at the next Green Drinks. Sponsored by the New Mexico Green Chamber of Commerce, the recently renewed monthly event is a chance for people who care about the planet to network, socialize, eat, and, well, drink. Please join us from 5:30 to 7 p.m. at Sweetwater Harvest Kitchen, 1512 Pacheco Street. No stranger to the Red Wine Ranger, I’m from a typical Irish Catholic family that pretty much imbibes all manners of alcohol, sings, and talks politics. Though I still pontificate like a butterfly and sing like a bumbling lunatic, I don’t drink much anymore. It’s odd. When close family and friends realize the fact of my relative sobriety, I sometimes see horrifying questions dart between their eyes. “Did he hurt anybody?” “Did he total his truck?” Or from deep within an age-old physiognomy, they
ask themselves, “Did he get time?” Luckily, nothing dramatic like that occurred in my accidental disinterest in alcohol. It all started when I was innocently beginning my first book, Roof-Reliant Landscaping. Since the State of New Mexico was paying for it, the manuscript had to be an essentially humorless text. I soon realized that the best time to write a book is after dinner and before breakfast, so the obvious problem for the green drinker in me was that I had no talent for writing an essentially humorless textbook with a post-dinner buzz or a pre-breakfast hangover. Fortunately for Green Drinks, the New Mexico Green Chamber of Commerce, and the owners of my Sweetwater-winebar soapbox, I plan to focus on none of this teetotalism. Instead, I’ll describe how over the last 20 years SFP has applied permaculture principles. We’re calling the talk “Marketing Lessons from Nature,”
because I do think there is a great deal to be gained by learning about how nature works. After all, she’s become pretty productive over the last 6 billion years here on planet Earth. In Permaculture: A Designers’ Manual, Bill Mollison nails it: “Cooperation, not competition, is the very basis of future survival and of existing life systems.” I like to say that cooperation is the driving force of nature. Of course, one can argue that capitalism is not “natural,” but, either way, people in business can still learn from nature and reap meaningful benefits. We tend to think that competitive excellence causes success, and there is much truth to the positive side of healthy competition. But successful business people are also great cooperators. You have to be when it comes to partners, customers, suppliers, subcontractors, and all of the other nodes of business from marketing to sales to production, distribution, and
N ATE D O WN EY
all the way to collections. I’m no expert on modern economic theory, but if cooperation’s potential as a force in the economy isn’t the most overlooked fact of modern economics, I’d like to know what is. Nate Downey is the author of Harvest the Rain (Sunstone Press, 2010) and the president of Santa Fe Permaculture, Inc. You can contact him through his new company website, www.permadesign.com.
Building permits SANTA FE COUNTY building permits issued from midDecember to mid-January included the following:
Robert Krass, 108 Sunflower Dr. $490,000. RCS-TT South LLC, 5 Sky Ridge Dr. $60,000. — 130 Carson Valley Way. $83,000.
Neal Snyderman, 4 Heather Ln. $310,000. Univest Rancho Viejo, 38 Johnson Mesa. $296,000. Juan Tapia, 61A Tierra Hermosa. William Eiland, 48 Amberwood Lp. $210,000.
Building permits issued by the CITY OF SANTA FE during the month of December included the following:
Mari Jane & Oliver C De Baca, 4 Cam. De Vaca. $308,000. Infinite Ambitions, 3024 Calle Nueva Vista. $215,000. — 3072 Calle Nueva Vista. $215,000.
Pulte Dev’t. of New Mexico, 4222 Vegas De Suenos. $170,599. — 4231 Vegas De Suenos. $225,714. — 3036 Montana Verde Rd. $310,589. — 3844 Montana Verde Rd. $225,714. — 3022 Floras Del Sol. $216,594. Homewise Inc., 4441 Con-
tenta Ridge. $205,000. — 1625 Ave. De Luna. $237,000. Sarah Salazar, 3414 Coyotillo Ct. $277,900.
H OME
F e b r u a ry 2 0 1 3
37
MortgageMatters
Exactly what are ‘points’? Potential home purchasers, hearing their loan officer quote “no points” think their closing costs will not include a fee to the lender. Well, maybe, but not necessarily. Points are defined as a percentage of the loan amount under discussion. They can be 1 percent, 2 percent, or any percentage of the mortgage amount. Therefore 2 points on a $300,000 mortgage would be a cost of 2 percent times the loan amount or $6,000. Today, several different terms are used to identify “points.” Confusing? You bet. You will find points referred to as mortgage fees, discount fees, and origination fees. So when you hear “points” or “no points,” have your loan officer produce a very specific cost sheet. Lenders are required to present a detailed good-faith estimate no more then three days after a loan application is submitted. So, submit your loan application and insist on that estimate being accurate.
I am working with clients who came into my office saying, “no points.” They had been thoroughly confused by what they had read and heard about points and had concluded that points were “evil.” So we sat down and delved into the full meaning of points. A simple calculation (shown below) emerged that helped them decide if paying points was beneficial or a waste of money. Determining if points are worth paying requires a calculation. If your loan amount is $400,000, the calculation is as follows. A fixed-rate loan at 3.5 percent with no points yields a monthly principal/ interest payment of $1,796. A fixed-rate loan at 3.25 percent with 1.5 percent in points (1.5 x $400,000 = $6,000) amounts to a monthly payment of $1,741. So, you can save $55 per month for a cost of $6,000 in points. That means that in 109 months (over 9 years) the $55 per month savings will return the $6,000. Each bor-
rower must determine if paying this extra fee is valuable. Of course, this calculation can change daily because interest rates can change each day. Your loan officer can calculate the benefits of points each day until you decide to lock your loan. Last year, I handled a refinance where another lender’s good-faith estimate showed in very small print that “the above figures do not include a 1% origination fee.” The borrower went to closing, saw the 1 percent and canceled the transaction. I completed the loan without the origination fee. Points, like the owner’s title policy, the appraisal, and insurance recording fees should be understood and approved by the purchaser. Mysterious closing costs are sometimes intentional. Don’t accept anything less than specific knowledge concerning the closing costs you will face at closing.
JIM G AY
The bottom line is that “points” are neither evil or beneficial until you understand and compare different choices presented by a competent and licensed loan officer. Jim Gay was a real-estate broker for 20 years and has been a consultant to Fortune 500 companies. He is currently a broker/ owner at Home Buyers Mortgage and can be reached at 986-9080 or jim@jimgayhomemortgage.com.
SocialNetworking
Personalized searching and privacy Recently, Facebook announced Graph Search to make it easier to search large quantities of your personal data on their site. The word “graph” makes this innovation sound like something purely mathematical. In fact, it represents a seismic shift in how social data is changing the social-networking world we inhabit daily. Facebook’s venture into the search world is more than competing with Google for ad revenue. Search is now social. We all are trained to Google for information. Now imagine the potential of a “social” search or layer available to the public by searching your social relationships, profile and social activity. If you are one of the billion-plus people on Facebook, then Facebook knows about you, your friends, your likes, and the friends of your friends who were once strangers in your social or business sphere. The bottom line is your information on Facebook is valuable data for advertisers and marketers. Facebook has found a way 38
February 2 0 1 3
HOME
to connect all your social dots and share them as a social graph, by using info in your posts, timeline, and newsfeed. For Facebook to be a financial success for its investors, they had to find a way to profit from knowing about you. Now they can reveal you as a personalized search result based on your Facebook presence. Personalized searching is something Netflix and Amazon pioneered. It is based on what movies or books and products you purchase. They guess what you would like to see or buy next based on your past shopping habits. Google ads that pop up on the sidebar in your gmail account are Google’s way of mining your email and calendar subjects and web searches to sell online ad space. Now Facebook can do the same thing based on your social profile and activity. You may not want to know what your friends think about the Santa Fe Opera or Indian Market or even their take on Santa Fe real estate. However, advertisers
and marketers want to know what your friends and their friends like in Santa Fe. I think you can see the privacy implications of this personal Graph Search. So did Facebook. They did anticipate your privacy concerns. There is a now a Facebook video explaining how to control what shows up about you. Although you cannot remove yourself 100 percent from being Facebooked in a personal search, you can do something to protect your privacy. You can change what is public on your profile. You can control who can see your posts in the past and future. You can hide who has access to your photo albums and Likes. The most important thing to do if your privacy is important to you is to check your privacy settings often. Facebook gives you the opportunity to control your privacy; however, it is up to you to find the time to do it. Once again, make sure you are attentive and comfortable with what you have posted, liked and shared on Facebook
EMILY MED V EC
because now it can be more public than ever. Remember what goes on Facebook stays on Facebook. And now you can be Facebooked. Emily Medvec is an associate broker with Santa Fe Properties. Her passion is how social networking changes how we communicate. Follow her on Twitter @emilymedvec. Call her at 505-660-4541 to buy and sell real estate.
NewsfromSFAR Your Dream Home. Our Expertise.
Realtors give $7,500 to nonprofits Each year, the Santa Fe Association of Realtors Community Services Committee solicits donations from its members to help support local organizations that strive to make a difference in our community. This year, the association is pleased to announce that 16 Santa Fe nonprofit organization programs will receive funding support from Realtors. In January, SFAR awarded over $7,500 in grants to local nonprofits to support housing, food, and other community programs. The committee received 24 requests totaling more than $24,000 in community funding needs. While the decisions are always difficult, the committee generally focused its support on youth, food and training this year. Programs funded through the SFAR to address hunger in our community include: * Bienvenidos Outreach, Inc., to provide provisions for an increase in demand for food boxes to feed and clothe indigent, homeless, elderly, and disabled clients; * The Cancer Institute Foundation, to support a grocery voucher program; * Food for Santa Fe, Inc., to buy food to meet the growing client demand; and * The Food Depot, to address childhood hunger through their Food 4 Kids program. Our Realtors awarded a number of grants that support youth in a variety of supportive organizations including: * The Adventist Academy of Santa Fe, to defray the cost of school tuition for students; * Boys & Girls Clubs of Santa Fe, to fund education workshops for tweens and teenagers; * Earth Care International, to underwrite training and service works for youth; * Las Cumbres Community Services, to support its community infant program; * Santa Fe Youth Symphony, to purchase instruments for children; * The Santa Fe Symphony Music Education Committee, to fund its Music Mentor program designed to help keep kids in school; * Villa Therese Catholic Clinic, to pay for orthodontic supplies; and * Youth Shelters, to help fund its Street
Finally, a mortgage lender that works for You
PA CO ARGUE L L O
Outreach Program. The Santa Fe Association of Realtors will also support the following local training programs: * IMPACT Personal Safety, to support its lifesaving-skills program; * Literacy Volunteers of Santa Fe, for visual, financial literacy, and citizenship materials; * the Parent Involvement Committee, to fund an educational flyer; and * SER Jobs for Progress Inc., to pay for teacher training. The association continues to offer annual support to the Santa Fe Realtor program called “Charity Begins At Home,” which provides down-payment assistance to employees working for local nonprofit organizations. In a unique partnership with Homewise, the grant award monies have been generously matched expanding down-payment assistance to members of our community that truly contribute to the overall betterment of Santa Fe. To our knowledge, this is the nation’s only downpayment assistance program targeting employees of charitable organizations. Lastly, the son of affiliate member Pam Trujillo with Community Bank, Garret Trujillo, received a $1,000 scholarship. The scholarship is offered to members through an application process annually, when funds are available, to support and encourage college education. SFAR, through the generosity of its Realtor members, is honored to be in a position to provide support to strengthen our community through these valuable programs. Paco Arguello is chief executive of the Santa Fe Association of Realtors. Contact him at 982-8385 or paco@sfar.com.
Our local mortgage professionals combine lending expertise with a highly personal approach to every client relationship.
We specialize in Portfolio Loan Products > Flexible terms and ‘common sense underwriting’ for self employed and jumbo loan borrowers.
> Construction-to-permanent financing > Conventional financing
Kathy Breneman
Marita DeVargas
889-1923 6501 Americas Pkwy Albuquerque
992-2343 62 Lincoln Ave Santa Fe
NMLS #5881
NMLS #458776
Becky Farnham
Steven Dougherty
992-2244 Los Alamos Santa Fe
889-1926 6501 Americas Pkwy Albuquerque
NMLS #458360
NMLS #189228
Call, stop by or go online to find out how quickly our local lenders will get you into your dream home.
Apply Online! www.fnb-sf.com Independent community banking since 1870 Like us at facebook.com/fnbsf
Member FDIC Equal Housing Lender H OME
F e b r u a ry 2 0 1 3
39
For this floor at Santa Fe Community College, Old Wood LLC used wood blocks cut from pine trees salvaged at the former Dixon Apple orchard
Flooring flooring flooring By Paul Weideman
O
ld Wood LLC, a local wood-products company run by the Old family, is having a slow winter, like many who are dependent on the building industry. But there are points of glimmer, many of them revolving around the firm’s development of wood-block floors. The blocks are cut across the tree trunk, so the rings of the tree are perpendicular to the floor. “One of my favorite jobs last year was the atrium next to the cafeteria at Santa Fe Community College,” said David J. Old. “That was entirely wood blocks, primarily burned pine, from the fire and flood at the Dixon Apple orchard. We did hazard tree removal there for the State Land Office.” Old Wood did wood-block floors for the Land Ocean restaurant in Folsom, Calif. (piñon) and the Starbucks in Napa, Calif. (mesquite), and is in line to do mesquite wood blocks for the rooms in the current La Fonda remodel. 40
February 2013
HOME
The family business is headquartered in Las Vegas and has had its 2,400-acre ranch in Pecos since 1932. That’s the Viveash Ranch, which suffered a devastating wildfire in 2000. “We’re working with densely overgrown timber on the parts of the ranch that didn’t burn, which had been logged and mismanaged in the past. Just about everything that had never been touched, all virgin forest, burned.” For years, Old Wood has been known for its Douglas-fir plank floors. “We specialize in a quality rustic floor,” Old said. “And regarding the reclaimed side of all this, I don’t believe in tearing down historic barns for material. Our approach is sustainable, environmentally beneficial forestry.” Old doesn’t like the so-called floating floors, preferring glue-down wood floors. He noted that they work fine with radiant heat, as long as the wood is well-dried and made for the application. “Douglas-fir is extremely stable, but you can’t do huge wide planks glued straight to concrete, so
you’re using shorter lengths.” The company harvests, kiln-dries, machines, and selects wood to make the best floor possible. “We begin by selecting the right log,” according to a detailed description at douglasfirfloors.com. “We avoid crook, sweep, twist, wind shake and other defects. Once cut, we check each board and reject defects such as sap pockets, split and check, etc. The characteristic pink color of Doug Fir heartwood is what we seek.” Old Wood’s flooring lumber is cut “for the quarter” to maximize vertical grain. The six-inch plank floor is the company’s bread and butter, but Old also offers eight-inch, four-inch, and 2 ½-inch — this last type sawn from smaller trees that are often overgrown on the ranch’s north slopes. These yield “a classic and very elegant look.” Old Wood is a participant in the federal Collaborative Forest Restoration Program. “It’s almost made a liberal out of me, because without those grants, I wouldn’t be in
business, but we haven’t spent any of the money paying ourselves; we’ve spent it on capacity building. This is how we’re able to do a prefinished floor for Starbucks, because we were able to buy the machinery to do the molding.” The family works with the Alamo Navajo and Ramah Navajo on the restoration program. That involves training Navajo sawyers to cut piñon and juniper for end-block floors. “We hope to have fully finished product made from small-diameter reclaimed timber for the mass market within the next two years,” Old said. And then there’s the Kuwait project. Old said he has an agreement for a 140,000-square-foot job for that nation’s Ministry of Education, but he’s struggling to obtain letters of credit to cover a $350,000 deposit fom the Kuwaitis “We’ve been there, we’ve come back with the job in hand, for the largest-ever mesquite floor in the world, and I’m going to hire 10 people the day I start, and can’t get the banks to give us a letter of credit. I bought a sawmill and put it in Texas and the guy there is asking what we’re waiting for. I’m not in bad shape, but the banks want dollarfor-dollar collateral to write these letters of credit.” Meanwhile, Viveash is the study point for small-diameter timber. The family, and Navajo crews, are thinning the part of the ranch that didn’t burn, both for firewood (firewoodnm.com) and for wood blocks, which Old calls “the highest best use for the lowest grades of wood. If you try to make lumber out of 7-inch wood, it doesn’t work, but we’re getting good results making these wood blocks. It’s perfect, true vertical grain, so you’re walking on the tree straight up and down, as it were. And it’s gorgeous.” One of the other longtime purveyors of wood flooring is Alpine Builders Supply on West Water Street. Started in 1947 as a lumber yard, it’s a third-generation business today. Alpine sells several varieties of hardwood and softwood tongue-and-groove flooring in widths ranging from an inch and a half up to eight inches. “We have 2 ¼-inch white oak and red oak, typically in a number one grade, then we carry a select and better grade; that all sells for $3.95 a square foot,” said general manager Jamie George. “We have 1 1/2-inch red oak for $4.30; 1 x 8 Southern yellow pine is $2.30; 1 x 4 fir is $3.40, and for 6-inch it’s $3.60. This fir is all old-growth, clear vertical grain material. We also have 1 x 6 clear cedar, which is a little on the softer side.” George said the company’s oak flooring is from the Midwest and the fir and cedar comes from the Pacific Northwest. Floor Mart, 2911 Cerrillos Road, is also a third-generation business. Ralph Norman Raby founded it in 1958. The Santa Fe showroom (there are two more in Albuquerque) began in the Valdes Business Park in 2000, then moved to the current location seven years ago. What’s popular? “Hard surface, and I mean tile and hardwood and laminate,” answered salesman Jeff Cole. “Laminates come in the plank look or block look. We sell more laminate and hardwood than anything. “When I began selling flooring at House of Carpets here in 1994, we sold 70 percent carpet and 30 percent hard surface and in the time since then it has reversed, to where we now sell 70 percent hard surface and 30 percent carpet.
It has completely flipflopped.” People want real wood if they really want that look, but it is the most expensive flooring, he said, “Most of what we sell in that realm is engineered hardwood, which works on any kind of surface, including concrete and a radiant-heat subfloor. The only type of hardwood floor that’s recommended over radiant heat is your engineered or floating floor. That goes over an eighth-inch rubber cushion that has an integral moisture barrier. People like the floating floor because it’s easy on the knees.” Hardwood flooring ranges from $4 to $14 a square foot at Floor Mart. One factor to look at is the hardness rating of different types. “Maple is at the high end and that might be what you want if you have large dogs with claws. You might want a floor with a high hardness rating for your entry hall and other more public areas, and then you can have a softer wood for the bedrooms.” Hand-scraped wood, which has a weathered or distressed surface, is popular these days. There’s also more demand for sustainable bamboo — this flooring is $4 a square foot for the natural or darker “spice” colors, $4.70 for hand-scraped, and $8 for the strand-woven type. “One thing you have to watch out for,” Cole said, “is that a lot of companies don’t warranty bamboo in this dry climate. But I haven’t seen any problems with splitting or face-checking on the glued-down floors.” What’s new and interesting? “In materials, nationwide anyway, it’s vinyl planks and tiles with the wood appear-
ance. Mannington Adura luxury vinyl tile looks great but it hasn’t really caught on here yet, and the adhesive and grout are expensive. Floor Mart sells four types of stone: granite, marble, travertine, and slate. “Slate is very handsome, but it can flake apart on the surface, and we have a through-body porcelain tile that looks just like it.” The latter costs at least $7, whereas slate is about $3. “What we sell more than stone is glazed-porcelain tile and glazed-ceramic tile. Tile starts at a dollar a square foot. We have granites and marbles both for countertops or floors. The 12 x 12 tiles of marble for bathroom floors go for between $4 and $15. Onyx is more like $24, whereas the travertines range from $5 to $9. We also have Saltillo tile from Mexico.” That morning, Cole was in Eldorado measuring a house for a contractor who was buying materal from Floor Mart. However, 90 percent of what the company sells it installs, using more than a dozen crews that are based in Albuquerque. On typical installed prices, Cole said a laminate floor is around $7 a square foot. “For wood, it’s more like $12. And carpet is about $6, although the best carpet, New Zealand wool — that’s the only thing Karastan and Godfrey Hirst use for their high-end wool carpeting — can be $16. See floormartnewmexico.com for more about this familyowned business and its products.
Samples of flooring materials available at Floor Mart, clockwise from top left: Mohawk carpet, Brazilian slate, maple, a “travertine” luxury vinyl tile, inyl “oak” and bamboo H OME
F e b r u a ry 2 0 1 3
41
more to love love it and more ways to
THE new
SANTAFE NEWMEX ICAN.COM
COMING SOON 42
F E B R U A RY 2 0 13 HOM E
BLACK CYAN MAGENTA YELLOW
OurwaterQuality
City faces complex supply issues Surface water and aquifer supply concerns are among the many issues City of Santa Fe water specialists are currently addressing. The uncertainties of drought and the possible consequences of climate change further complicate water-resource planning. Perhaps one of the best examples of predicted surface water shortages comes from the numerous studies of the Colorado River, from which about 70 percent of the water use occurs outside the basin. And what is the relevance of Colorado River basin studies for Santa Fe? San Juan-Chama Project water is a critical component of the water extracted from the Rio Grande at the city-county Buckman Direct Diversion and tributaries of the Colorado River source this water. Stakeholders in the San Juan-Chama Project were alerted in early December that their 2013 allotments could be reduced by as much as 20 percent. The Bureau of Reclamation’s Colorado River Basin Water Supply and Demand Study, released this past December, points
RESIDENTIAL COMMERCIAL
out the growing imbalance between demand and projected supply in that basin. In the median case of water demand versus supply projections (which incorporates climate change and estimated population growth), the deficit between demand over supply for Colorado River water is estimated to be at least 3.2 million acre-feet in the year 2060. Locally, the Bureau of Reclamation, the largest wholesaler of water in the country, has partnered with the City of Santa Fe and Santa Fe County to quantify the potential impacts of climate change on available water supply and to evaluate potential mitigation and adaptation strategies. A link to the final draft report, summarizing the 2012 workshop, Climate Change and the Santa Fe Watershed: A Preliminary Assessment, is available on the Water Resources portal of the Sangre de Cristo Water Division. Development of new water supplies is the riskiest approach to the demandversus-supply equation, while water-use efficiency, water reuse, and water conser-
Stephen Wiman has a background in earth science (Ph.D. in geology) and is the owner of Good Water Company and a member of the City of Santa Fe’s Water Conservation Committee. He may be reached at 505-471-9036 and skwiman@ goodwatercompany.com.
to detect: the water in the glass on the kitchen table is skewed to the rim, the front door won’t open, the kid just learning to walk always runs toward that particular corner… but detecting the cause of the problem, a vital part of prescribing the remedy, is not always simple.
THE WARNING SIGNS n Stairstep cracks n Diagonal cracks from windows n Floors out of level n Cabinets separating from walls n Corners separating n Slab cracking
www.crockerltd.net
vation Committee are doing our best to raise awareness about (gradually and voluntarily) increasing measures to conserve water. I think it is safe to say that addressing this issue will involve some tough and potentially unpopular decisions that will challenge our city leadership.
SUbSIDENCE pRObLEMS in your home are easy
RANCHES
info@crockerltd.net
STEPH EN WIMA N
IS YOUR HOUSE SINKING?
MONUMENTS
505/982.2448
vation are the most cost-effective measures. The City of Santa Fe successfully promoted water use efficiency through its (expired) toilet retrofit program. Current incentives and rebates are summarized on the Water Conservation website: www. santafenm.gov/index.aspx?NID=2552 With respect to reusing water, the city is developing a revised Reclaimed Wastewater Resource Plan. This supply source is already part of the portfolio (for example, for the irrigation of public golf courses) and it is expected to play an even greater role in the future. In late January, Water Resources Coordinator Claudia Borchert conducted a public meeting regarding the use of reclaimed wastewater. The year 2013 will be a very interesting year with respect to water conservation decisions. Despite the last two years of record drought, the city has not imposed any additional watering restrictions beyond the existing ordinances specifying permanent (non-emergency) restrictions and the emergency Orange and Red stages. Several of us on the Water Conser-
n Grout missing on tiled floors n Doors and windows out of square
Call today for a free onsite evaluation.
There are three reasons buildings settle: bad soil, poor construction and age. In Santa Fe, we find the causes fairly evenly split between soils and construction, with the spice of ancient adobe with no footing at all tossed in. Although there are only three causes, there are many more permutations than one would guess that can lead to disaster. In the case of soils, for example, sometimes they swell when they are wet, but often they collapse; sometimes they shrink as they dry and sometimes they “flow.” When poor construction practices are thrown in we find footings without reinforcement, footings on non-compacted fill and, a classic, slabs that are poured with the steel mesh left lying on the soil underneath, rendering the floor unreinforced. For each of the various combinations we have a solution. Where water from the surface or sub-surface is leading to uplift in expansive soils, we can install redundant interceptor drains and, over time, dry soils out. In the case of collapsed soils, we can underpin with the elegant helical pier system. We can even use piers to support and sometimes level broken slabs. The next time you have to climb out a window because the door is jammed shut, or when the toddler trips into the corner, give us a call.
—Ed Crocker H OME
F e b r u a ry 2 0 1 3
43
Authenticallydesigned
Let’s get into detail on framing issue As a sequel to last month’s article on framing, it seems fitting to speak to yet another topic we are repeatedly asked to address: where and how to place art and objects on a wall? As often as this occurs, our approach is almost intuitive, yet there are certainly guiding principles at work that can be followed. Some of the overriding factors that come into play are height, centering and grouping. One or more of these can leave even the experienced placer stymied depending on the context, as invariably there are other elements that contribute to the ultimate decision such as the strength of the art, visual weight, etc. Hanging pieces quite high to create a floating effect is not usually desirable. One rule of thumb is to place framed art at eye level for the average person’s height. Typically this is five feet, five inches, with one-third of the piece above eye level and two-thirds below. If hanging over a piece of furniture, four to six inches above is optimal. Certainly deference must be given to other objects that may be in the same region, such as a lamp, sculpture, or vessel, adjusting the height accordingly to consider overlap or interference. We do go against the grain when warranted. For instance, a long, low, backless
bench may call for a linear piece hung noticeably lower to relate to the bench. We are believers in finding less predictable places to locate artwork, where it might be viewed from a seated position or as part of a grouping with other objects. Hand-in-hand with height comes the issue of placement from left to right. It goes without saying that the de facto approach is to center on the wall, or over a piece of furniture. Sometimes, however,
Moving?
Don’t want to take it with you?
Donate
A fund raiser for Habitat for Humanity.
Other alluring riverfront properties available.
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. February 2 0 1 3
HOME
H E AT H E R VAN LU CH E N E S T E FFAN Y H O LLI N G S WO RT H
one-dimensional framed artworks with a different shape (perhaps a clock or art platter), or a multi-dimensional piece (sculpture, wall pockets, an architectural artifact). When forming such a composition, rather than the trial-and-error approach — which can leave your wall looking like a shooting range — we suggest finding an open area on the floor to experiment within until you are happy with the grouping and then translating the arrangement to the wall. You might take a photo to refer to as you begin hanging. In the name of placing things that hold meaning, we hope you will find a little more freedom of expression when doing so. Heather Van Luchene, ASID and Steffany Hollingsworth, ASID are partners in HVL Interiors, LLC, an interior design firm offering professional residential and hospitality design services. Both are New Mexico licensed interior designers. They can be reached at (505) 983-3601 or info@ hvlinteriors.com.
RIVERFRONT. To farm, to fish, or just to float... Just under three acres in Pecos with over two hundred feet of private riverfront. Water rights. Great building site. All utilities. Unlisted. $375,000
your gently used furniture, appliances and building materials to the Santa Fe Habitat for Humanity ReStore.
44
the center is not so obvious. In these instances, we find the most predominant vertical lines that define the space, and center on those, if centering is desired. Centering makes sense when the piece is of good proportion to the space (that is, not too small in scale) and will be the focal point of the area. We often place art artfully “off.” This can be the case when a piece would get lost on a larger wall if centered. It is a way of quieting a stronger piece, by giving it counterbalance with a void of wall space. Sometimes, working asymmetrically creates a more dynamic, less predictable interior. Since single, separate pieces on a wall can become monotonous, we might form groupings. In addition to multiples or series all framed the same, hung in a linear row, or in pairs stacked on top of one another two to three inches apart, we enjoy creating varied compositions of woven baskets, pottery or glass using the wall space as canvas, in perhaps a Chihuly-esque fashion. Another approach is to incorporate pieces of the same medium, such as watercolors or oils, or with common threads of color, subject matter or the like. One can also punctuate a group of
Michael Levy Realty 505.603.2085
Barker Realty
Two Exquisite Residences and Two Lots, Minutes To Town Adobe Compound on Arroyo Hondo Canyon
13-B Paseo C de Baca
This beautiful adobe compound is perched on the edge of Arroyo Hondo canyon with awe inspiring views. Mature gardens surround the 3000+ sf main house and 1000+ sf guest house. The portal off the chef’s kitchen has a kiva fireplace, creating a gracious space for outdoor entertaining. The living room has 11’ ceilings with vigas and large view windows which overlook a zen-like garden and beyond. Hike on a groomed trail into the canyon, or drop into downtown Santa Fe.
This beautiful Northern New Mexico house and guest house is located on two lush acres. Handcrafted with double adobe, with details that include coved ceilings with vigas, plaster interior walls, hand carved doors, tall windows and kiva fireplaces. The light filled chef’s kitchen is in a French Provencial style. There is a 3 car garage and a fruit tree orchard.
$1,295,000
MLS # 201203456
$950,000
MLS #201203780
32 Paseo Vista
59 Camino Rosa Linda - Lamy
Dramatic views of the western and southern mountains including the Sandias, Monzanos, Ortiz and Jemez from this high Sunlit Hills lot. Overlooks Seton Village, Arroyo Hondo and the plains to the West. Views of the sunsets and summer thunder storms are spectacular. Downtown Santa Fe and shopping are only 12 minutes away. Owner New Mexico Real Estate Broker.
Beautiful pinon covered acreage, with long unobstructed views of the Jemez, Ortiz, and Sangres. Gently rolling to flat topography for multiple building sites. Very private lot, excellent well, utilities at road, horses allowed. 100% financing available!
$189,000
JOHN HANCOCK 505-470-5604 jhancock@brisf.com
MLS #201100869
$175,000
MLS # 201004355
REBECCA HOLLAND 505-670-1316 rholland@brisf.com
530 S. Guadalupe St., Santa Fe, NM 87501 | (505) 982-9836 | BarkerRealtySF.com H O ME FE B R U A RY 2 0 1 3
45
PAGE 45 BLACK CYAN MAGEN-
LOCATION, LOCATION $219,000
LA TIERRA NUEVA
LARGE LOTS WITH PANORAMIC VIEWS!
54 Headquarters Trail: Considered by many to be one of the “most spectacular estates in Santa Fe”, this extraordinary Hacienda & Guest House offers elegance and luxury. Sited on 14+ acres, with incredible views of the mountains, the main residence & guesthouse consist of 7,728 sq. ft. and features 5 bedrooms en-suite, 2 private offices, 7 baths, 5 fireplaces, and a 4 car garage. An exquisite pool with tiered waterfalls is the center of the outdoor entertainment oasis with multiple outdoor entertaining areas. MLS#201104063
Offered at $3,500,000 Well-priced, 1058 sq. ft. condo unit near Plaza in residential area of W. San Francisco Street. Only 3 condos in small compound with on-site parking. Two bedrooms and one full bath on second level, half bath on ground level with kitchen/dining and living room with wood burning fireplace. This condo has been a rental for many years. Keep as rental or move in and make it home. For an appointment to view, call Marcia at 505-982-4201. MLS# 201204018 www.54headquarterstrail.com
Nancy Lehrer
Cell: 505.490.9565 Home: 505.984.2641 Nlehrer.belltower@gmail.com
La Tierra Nueva is a gated community, adjacent to Las Campanas, and is 15 minutes from the Plaza & the Santa Fe airport. I am an 18 year resident in La Tierra Nueva and specialize in luxury properties & vacant lots. Please contact me for a private tour. www.latierranueva.com
218 Camino La Tierra, Santa Fe, NM • 505.988.2428 • belltowerpropertiessantafe.com
Santa Fe Real Estate Guide
46
Marcia Wolf, Qualifying Broker • 505-982-4201 Missy Wolf, Associate Broker • 505-310-9700 200 W. DeVargas, Suite 2 • Santa Fe, NM 87501 • 505-982-4201
advertiser index
Adobe Realty of Santa Fe, Inc. . . . . . . . 11
First National Bank of Santa Fe . . . . . . 39
Adobe Bungalow . . . . . . . . . . . . . 36
Karen Walker Real Estate, Ltd. Co. . . . . . 17
American Country Collection . . . . . . . 36
Keller Williams Realty . . . . . . . . . . . 14
Barker Realty, Inc.. . . . . . . . . . . . . 45
Michael Levy Realty . . . . . . . . . . . . 44
Bell Tower Properties . . . . . . . . . . . 46
Santa Fe Habitat for Humanity. . . . . . . 44
Chapman Homes . . . . . . . . . . . . . 36
Santa Fe Properties, Inc. . . . . . 23-30, 48
Crocker Ltd. . . . . . . . . . . . . . . . . 43
Sotheby’s International Realty . . .2-6, 8-13
Dougherty Real Estate Company . . . . . . 17
Trails West Coldwell Banker . . . . . . . . 20
El Corazon de Santa Fe . . . . . . . . . . 47
Western Equities . . . . . . . . . . . . . 46
F E B R U A RY 2 0 13 HOM E
BLACK CYAN MAGENTA YELLOW
Fai r m o n t H e r i tage pl ace , e l cora zon d e sa nta Fe, n ew mex ic o
In The hearT of Santa Fe, a faIrmonT To Call Your own. wITh ITs arT gallerIes, spanish colonial architecture and world-class restaurants, santa fe enlivens the senses like no other place in the world. now, there’s a private residence club with style to match the city. a retreat where you’ll enjoy exclusive privileges from the foremost name in hospitality. a sanctuary where you’ll feel at home, whenever a desire for renewal draws you back to The City Different. Introducing Fairmont Heritage Place, el Corazon de Santa Fe. It’s everything you want in a santa fe getaway home...and more.
Visit us today. We’re just three blocks from the Plaza on the corner of Catron Street and Grant Avenue.
a limited number of heritage Place ownerships are now available
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.
Exclusive Sales by Santa Fe Residential Realty, 103 Catron Street, Santa Fe, New Mexico 87501, 866-721-7800
•
John Dixon, Qualifying Broker
Fairmont Heritage Place, El Corazon de Santa Fe (the “Property”) is not owned, developed, or sold by Fairmont or its affiliates. El Corazon de Santa Fe, L.P., a Texas Limited Partnership (the “Developer”), is independently owned and operated and is the developer of the Property. The Developer uses the Fairmont brand name and certain Fairmont trademarks pursuant to a limited, non-exclusive, non-transferable and non-sublicensable license from Fairmont Management Company, LLC. Under certain circumstances, the license may be terminated or revoked according to its terms in which case neither the Residences nor any part of the Property will be identified as a Fairmont branded project or have any rights to use the Trademarks. Fairmont does not make any representations or guarantees with respect to the Residences or the Property and is not responsible for the Developer’s marketing practices, advertising, and sales representations. This advertising material is not an offer to sell nor a solicitation of an offer to buy to residents of any state or jurisdiction in which registration requirements have not been fulfilled. Pricing and information are subject to change without notice and are not guaranteed.
SANTA FE
®
PROPERTIES
SantaFeProperties.com FaceBook.com/SantaFeProperties LuxuryPortfolio.com
The Sundial House
Join Us February 23 & 24 - Noon to 4
ART OF HOME TOUR Join us for an Exclusive Opportunity to tour eight of Santa Fe’s most artistic and elegant homes, enhanced with traditional and modern artworks from some of Santa Fe’s finest galleries.
FREE Admission
Download a Tour Map at SantaFeProperties.com or stop by our office at 1000 Paseo de Peralta
A portion of the proceeds from the sale of art in the homes will go towards the purchase of art materials for Santa Fe’s youth.
Follow us on FaceBook - Facebook.com/SantaFeProperties 1000 Paseo de Peralta • Santa Fe, New Mexico 87501 SantaFeProperties.com • 505.982.4466 • 800.374.2931