Real Estate 08/12/17

RealEstate

INSIDE: HOME & GARDEN

Saturday, August 12, 2017

SPOTLIGHT:

Vantage Homes’ Parade Home in the pristine and peaceful Sanctuary Pointe community SPONSORED FEATURE BY GINA CRONIN, GINA.CRONIN@GAZETTE.COM

Along the western edge of the Black Forest, you find Sanctuary Pointe — a brand new community in Monument that features a pristine natural setting paired with top-quality homes. Vantage Homes is breaking ground in the community with its innovative ranch plans that afford a charming mix of ultra-chic modern designs and farmhouse accents.

The architectural detailing within the open-concept plans is nothing short of brilliant; and presents yet another example of how Vantage Homes is consistently evolving to fit the needs of today’s

homeowners.

Starting from the $400s, many of the Vantage Homes in Sanctuary Pointe boast the most spectacular Front Range views available. Each home is built with quality materials and premium craftsmanship that far exceed industry standards.

Vantage Homes’ beautiful 4,412 square foot Riverwood model — priced at $884,900 — is Vantage Homes’ Parade Home this year in the Housing and Building Association of Colorado Springs’ Parade of Homes. The Riverwood is located

VANTAGE HOMES

VHCO.com • 719-494-8112

CONTINUED ON PAGE 2

FEATURED HOME OF THE WEEK

FEATURED HOME OF THE WEEK

UNDER CONSTRUCTION – ESTIMATED COMPLETION DATE DECEMBER 2017

CHARMING VICTORIAN WITH COTTAGE

10827 Hidden Brook Circle $447,250 | Hidden Brook at North Fork Single Family, Low Maintenance Patio Homes Trina Miller 719.247.8021 northfork@campbellhomes.com

This home has it all with stunning scenery of the mountains from your walk-out deck! Easily located near Powers Road with District 20 Schools, this home will delight with a formal dining room, stainless steel appliances, an extra wall of cabinets, lots of windows, and a designer shaped center island for holiday entertaining. Melt your stress away with an enormous master bathroom with roll-in shower that also expands your closet space.

Ready in December 2017.

815 N. Weber St. | $635,000

This charming Victorian home offers multi-family, residential, commercial use or all of the above. Lovingly cared for! Recent Neighborhood: Downtown improvements include a NEW ROOF, Newly painted interior & exterior Directions: South of Cache La Poudre on Weber St.; home is on the and 29 new windows! Kitchen improvements include an island, new counter tops, sink & back splash. Updates in the darling cottage include, east side of the street. new interior texture and paint, remodeled kitchen to include a bar area, new flooring, new appliances, 14 new windows and new roof! Perfect Agent / Company: Tyra Sandoval, 719-576-5000 for rental income or guests.5 Bedrooms, 5 Baths, 4479 Sq Ft. 7 Parking spaces in the back of the home. Could be turned into a grassy area.

REMAX Properties, INC.

Denver

Spectacular by Nature.

Custom Homes & Homesites (719) 649-0605 Classic Homes From the upper $300s (719) 481-9828

Where Tranquil Shores Colorado Springs

Meet Mountain Views

Located South of Monument, just off Baptist Road, West of I-25

470

Castle Rock

Monument Forest Lakes Baptist Rd.

N

(map not to scale)

Colorado Springs

ForestLakesColorado.com

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The Gazette ¡ springshouses.com

Saturday, Aug 12, 2017

SPOTLIGHT: CONTINUED FROM PAGE 1

at 1670 Summerglow Ln., Monument. “We are very excited to be a part of the Parade of Homes. It’s great to see so many people interacting and coming together in the name of home building and design,� said Crystal Johnston, Marketing Manager for Vantage Homes.

The Parade of Homes features the latest design trends and innovations, and brings inspiration and ideas to all who visit— from paint to floor design to cabinetry to smart home capabilities to exterior finishes.

Whether you’re looking to remodel your home, buy a new home or you’re just curious to see the most alluring homes in the Springs, you don’t want to miss this highly-anticipated event that will be taking place through August 20th.

Your $10 ticket grants you access to all 24 parade homes. Tickets are available for purchase at the Riverwood Model in Sanctuary Pointe.

Some basic features of Vantage Homes’ Riverwood floor plan are a large mudroom, walk-in pantry concealed within the kitchen cabinets, five bedrooms, five-and-a-half bathrooms, and the option for a multi-generational suite with its own garage. Large windows and vaulted ceilings throughout give way to stunning views and ample natural light. The accommodating main level features a kitchen fit for a chef, a

spacious great room leading out onto a patio, a sumptuous master suite and a second bedroom. The magnificent lower level is highlighted by a wet bar, a huge rec room, three bedrooms and three bathrooms.

The boutique interior design approach explores the distinct identities of Colorado Springs’ diverse, growing populace. According to the designers of the home, “A cozy, natural-color palette is paired with unexpected surprises of accent color and texture. Using over-

exaggerated contemporary art and bold finishes makes the spaces memorable, and highlights an ease of living that is complemented by its southern Colorado surroundings. The rich and airy tones that flow through the entire home are accentuated with metal accessories that become intriguing focal points.

Whether it’s spending a quiet evening with your family, hosting overnight visitors, or accommodating party guests, the Riverwood is pivotal to managing a balanced life.�

In Sanctuary Pointe, Vantage Home residents get an opportunity to enjoy main-level, country living at its finest — without sacrificing everyday conveniences. The community is situated in Lewis-Palmer District 38, approximately three miles from I-25, two miles from Fox Run Regional Park and less than two miles from King Soopers, Starbucks, and other shops and eating establishments. Just north of the community is the growing Monument Marketplace, where residents can enjoy

an abundance of shops and professional services; and 10 minutes south is the Promenade Shops at Briargate and Chapel Hills Mall, two of the main regional shopping centers in Colorado Springs.

Since 1983, the award-winning, familyowned business has been committed to making home building a collaborative art. Vantage Homes’ slogan “Our Blueprint, Your Fingerprint,� expresses their dedication to home personalization and client satisfaction. Homebuyers are presented with a vast library of design features and options, and are kept upto-date at every phase of the building process and beyond. Vantage Homes delivers superior homes with exceptional service, and it shows, with a 99 percent customer referral rating. In fact, in 2017 Vantage Homes was awarded the prestigious Builders Partnership Customer Satisfaction Award.

Anyone seeking treed tranquility, breathtaking views, convenient city access and supreme luxury needs to see the incredible Vantage Homes in Sanctuary Pointe. â– To learn more about the Parade of Homes, visit CSHBA.com/parade-ofhomes.html.To learn more, visit VHCO.com or call Dori Lundgren at 719-494-8112.

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The Gazette · springshouses.com

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The Gazette · springshouses.com

Saturday, Aug 12, 2017

PropertyTransactions This list was obtained from the El Paso County Assessor’s Office and covers sales recorded during the period of July 10 – 16. Each listing includes the address and sales price.

80132

• 1186 Red Dogwood Hts $250,000 • 17150 Foxcross Dr $310,000 • 15603 Candle Creek Dr $319,000 • 17170 Park Trail

• • • •

Dr $320,000 15610 Lacuna Dr $362,000 17917 White Marble Dr $394,400 17855 Smelting Rock Dr $405,000 19930 Indian Summer Ln

• • • •

$431,000 17667 Lake Overlook Ct $468,900 650 Larimer Creek Dr $475,000 19250 Glen Hollow Cir $490,000 17524 Lake

Bobbi Price Team

109 transactions closed in 2016 with a sales volume of $31,000,000 • Past Recipient Realtor Sales Person of the Year • Platinum Legend Award Winner • Member Elite 25 • Top 1% in the Nation • Member of Peak Producers Bobbi Price: 719-499-9451 Jade Baker: 719-201-6749 Stephanie Hawthorne: 719-210-0480 bobbipriceteam@gmail.com www.bobbiprice.com

Under $150,000

Land 454 Palmer Tr. Crystal Park • $145,000

14655 Irwin Dr. Park Ridge • $39,000

422 Highlands Dr. Cañon City • $149,900

Land

Land

$150,000-$300,000

1680 Aldrin Pl. La Park Ridge • $41,000 ot nd L

5444 Founders Pt. Crystal Park • $155,000 3790 StrawberryField Gr. #A er Und act Southwest • $185,000 ntr Land

Lot 1650 Aldrin Pl. Park Ridge • $41,000

Land

Just d Liste o Cond

14385 Park Canyon Rd. Park Ridge • $41,000

Lot

Land

Co

6841 Summer Grace St. Ridgeview at Stetson Hills • $229,900

1710 Aldrin Pl. Park Ridge • $41,000 22 Audubon Dr. Land Audubon Heights • $49,500 Land

Lot

er Und act Contr

901 Prospect Pl. Manitou Springs • $275,000

14705 Irwin Dr. Park Ridge • $51,000

Land

37480 Highway 94 Yoder • $280,000

Sunrise Peak Rd. Crystal Park Rd. • $55,000 Land

$301,000-$500,000

1655 Aldrin Pl. Park Ridge • $59,000

Land

er Und act Contr

5787 Canyon Reserve Hts. Mountain Shadows • $309,900

1715 Aldrin Pl. Park Ridge • $59,000

Land

Land

Newction stru Con

8476 Cypress Wood Dr. Banning Lewis Ranch • $339,000

er Und act Contr Newction stru Con

14585 Park Canyon Rd. Park Ridge • $60,000

6608 Cottonwood Tree Dr. Banning Lewis Ranch • $350,000

Lot 1740 Aldrin Pl. Park Ridge • $65,000

6627 Cottonwood Tree Dr. Banning Lewis Ranch • $359,900

New ion ruct Const

Land

5195 Crystal Park Rd. Crystal Park • $70.000

Land

Land

6617 Cottonwood Tree Dr. Banning Lewis Ranch • $379,900 er Und act 8246 Regiment Ct. Contr Briargate • $399,900 er Und act Contr ruction 13911 Bandanero Dr. onst C New Falcon North • $406,100 5465 Wilson Rd. Mountain Shadows • $420,000

New tion ruc Const

5050 Neeper Valley Rd. Crystal Park • $70,000 6055 Big Horn Rd. Crystal Park • $70,000

Land 331 Panther Ct. Woodland Park • $74,900

er Und act Contr

5315 Silver Dr. Park Vista • $435,000

1352 Sun Valley Ln. Crystal Park • $78,000

act ontr er C Und New ion ruct Const

Land

5949 Rowdy Dr. Wolf Ranch • $438,500

6960 Eagle Mountain Rd. Crystal Park • $78,000 5565 Founders Pl. Crystal Park • $85,000

Land

Land

Land

545 Sunrise Peak Rd. Crystal Park • $85,000

er Und act Contr

New ion ruct Const

9250 Kathi Creek Dr. Wolf Ranch • $442,750

9237 Kathi Creek Dr. Wolf Ranch • $453,525

n ructioct Const a New er Contr Und er Und act Contrew

6017 Cerjan Cir. Wolf Ranch • $481,350

N n ructio Const

565 Sunrise Peak Rd. Crystal Park • $85,000

$501,000-$750,000

Forest Rd. Manitou Springs • $95,000 Land

act

ontr

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Und

6020 Cubbage Dr. Wolf Ranch • $503,500

New ion ruct Const

0000 Waterfall Lp. Crystal Park • $95,000

Land

13716 Gilbert Dr. 4 Way Ranch • $507,700

New ion ruct Const

t

d Lo

Lan 1521 Monterey Rd. Spring Creek Traditional • $99,900 Lot

1647 Monterey Rd. Spring Creek Traditional • $99,900 Land

act

ontr

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Und

Land

Land

2925 Rhapsody Dr. Briargate • $249,900

er Und act Contr

1661 Monterey Rd. Land Spring Creek Traditional • $99,900 Lot

4707 Pika Pt. Chateau at Antelope Ridge • $120,000

9561 Pomeroy Ct. 4 Way Ranch • $513,525

New ion ruct Const

act ontr er C Und New on ructi st n o C

6073 Cerjan Cir. Wolf Ranch • $602,675 17475 Cherry Stage Dr. Cherry Creek Crossing • $672,530

New tion ruc Const

230 Crystal Park Rd. Manitou Mesa • $1,250,000

Stagecoach Ranch on the Range

$150,000-$170,000

21 35 acre lots available priced from $150,000-$170,000 in this brand new upscale equestrian subdivision near Peyton Hwy & Hwy 94. Mountain views.

Build your dream home!

Exclusive Representation of Chart Craft Homes & New Haven Homes

• • • • • • • •

Overlook Ct $491,000 240 Tam O Shanter Way $495,000 1235 Woodmoor Acres Dr $522,000 17684 Lake Overlook Ct $536,400 2973 Lakefront Dr $536,500 17864 Loverly Way $599,000 19723 Serenity Springs Pt $600,000 17445 Chipped Arrow Way $625,000 17710 Shiloh Pines Dr $685,000

80817

• 617 Kiowa St $137,000 • 7323 Little Jimmy Grv $142,000 • 10578 Country Park Pt $145,000 • 7458 Sandy Springs Pt $175,000 • 613 Blossom Field Rd $180,000 • 214 Robin St $197,500 • 504 Turf Trail Pl $205,000 • 7112 Bracken Pl $211,100 • 7108 Bracken Pl $212,200 • 7104 Bracken Pl $214,200 • 821 Descendant Dr $230,300 • 7316 Brush Hollow Dr $232,000 • 11280 Berry Farm Rd $235,500 • 2200 Conley Blvd $239,900 • 8440 Brook Valley Dr $250,000 • 6804 Millbrook Cir $251,000 • 7770 Del Ray Bay St $258,000 • 982 Legend Oak Dr $276,000 • 7385 Oakshire Way $279,000 • 11056 Buckhead Pl $284,300 • 7946 Bonfire Trl $286,000 • 9415 Torecco Ct $290,000 • 7317 Willow Pines Pl $300,000 • 8289 Wagon Spoke Trl $302,900 • 7765 Candlelight Ln $305,000 • 7357 Willow Pines Pl $315,000 • 7934 Wythe Dr $318,000 • 7505 Ronan Ct $343,000 • 8991 Sentry Dr $411,500

80831

• 17385 Wagon Train Loop $205,000 • 7508 Soane Grv $218,000 • 6920 Sphinx Ct

$225,000 • 5806 John Ross Ct $268,000 • 11974 Rio Secco Rd $270,000 • 3165 Angus Ct $300,000 • 10973 Scenic Brush Dr $300,200 • 7911 Maiden Ct $303,300 • 10527 Mt Evans Dr $320,900 • 11375 Brockton Ln $325,000 • 10428 Cedar Breaks Dr $325,000 • 6010 Sunset Trl $331,000 • 12202 Rio Secco Rd $334,300 • 13653 Park Meadows Dr $334,900 • 12243 Sleeping Bear Rd $344,500 • 10513 Mt Sherman Way $346,000 • 9444 Winged Foot Rd $348,000 • 13473 Park Meadows Dr $350,500 • 22015 Warriors Path Dr $363,000 • 12745 Angelina Dr $365,000 • 10423 Mt Columbia Dr $365,000 • 12575 Mt Antero Dr $373,400 • 11030 Birch Hollow Way $375,000 • 12732 Longview Park Ln $376,800 • 10803 Greenbelt Dr $402,000 • 10276 Evening Vista Dr $407,800 • 10312 Capital Peak Way $422,500 • 13425 Park Meadows Dr $452,700 • 11954 Broken Antler Ct $459,900 • 12515 Black Hills Dr $594,800 • 8120 Talon Ct $625,000

80904

• 520 Superior St $160,000 • 1244 Tonka Ave $230,000 • 419 Echo Ln $242,500 • 530 Valley Rd $261,500 • 1350 Mirrillion Hgts $305,000 • 1334 Whitehouse Dr $324,000 • 1218 Whitehouse Dr $345,000 • 1250 Ethereal Cir $375,000

80905

• 1210 Morning Star Dr $345,000 • 1170 Gold Hill Mesa Dr $459,300 • 4406 Millburn Dr $182,000

CENTURY COMMUNITIES

springshouses .com • 4025 Meadowdale Pl $236,000 • 518 Catalina Dr $260,000 • 3460 Hickory Hill Dr $289,900 • 80906 • 585 Red Cliff Rd $300,000 • 150 Clubridge Pl $385,000 • 3214 Springridge Dr $450,000 • 5015 Farthing Dr $460,000 • 15 Villegreen St $482,500 • 2402 Constellation Dr $540,000 • 4550 Star Ranch Rd $730,000

Loop $215,000 • 1829 Capulin Dr $217,000 • 214 Audubon Dr $220,000

80911

• 526 Bonfoy Ave $143,000 • 3222 Pennsylvania Ave $182,500 • 3019 Grandview St $194,900 • 747 Ellston St $225,000 • 1142 Tulip Pl $234,000 • 1167 Westmoreland Rd $272,000 • 919 Ellston St $280,000 • 738 Arrowhead Pass Hts $299,000 • 1514 Chutney Ct $325,000

• 117 Kiva Rd $155,000 • 73 Esther Dr $155,400 • 305 Davie Dr $156,000 • 1022 Drury Ln $165,000 • 132 Sumac Dr $188,000 • 7245 Woodstock St $201,000 • 4663 Cold Harbor Vw $206,400 • 77 Hallam Pl $210,000 • 6740 Defoe Ave $211,000 • 7015 Grand Valley Dr $220,500 • 4585 Dooley Way $225,000 • 712 Raemar Dr $227,500 • 7414 River Bend Rd $230,000 • 6935 Corn Tassle Dr $232,600 • 6760 Goldfield Dr $240,000 • 5455 Marabou Way $248,000 • 7612 Woody Creek Dr $249,900 • 1080 Pond Side Dr $260,000 • 4915 San Amels Way $275,000

80908

80915

80907

• 7851 Wagonwood Pl $335,000 • 7647 Dry Willow Way $336,500 • 7777 Forest Valley Loop $340,000 • 3446 Daydreamer Dr $346,200 • 8324 Kenosha Dr $347,000 • 8474 Hardwood Cir $352,900 • 8309 Needle Drop Ct $385,000 • 3326 Daydreamer Dr $443,900 • 6055 Vessey Rd $470,000 • 2991 Looking Glass Way $494,300 • 14290 Herring Rd $642,000 • 11588 Shaugnessy Rd $690,000

80909

• 803 Tia Juana St $210,000 • 689 Bridger Dr $210,000 • 2140 Robin Dr $243,500 • 3624 Alpine Pl $264,000 • 1204 Farragut Ave $270,000 • 1327 Eagle View Dr $272,400 • 2723 Marilyn Rd $300,000

80910

• 2749 Tumblewood Grv $138,000 • 2134 Creekridge Pt $170,000 • 1999 Ventura Dr $173,000 • 969 Dawn Break

• 6765 Parkridge Ct $162,000 • 6520 Mohican Dr $170,000 • 5112 Palmer Park Blvd $215,000 • 7010 Crazy Horse Cir $230,000 • 7080 Omaha Blvd $235,000 • 1326 Sanderson Ave $245,000 • 2454 Reed Grass Way $320,000 • 7567 Muhly Ct $325,000

80916

• 3148 Bridgewater Dr $128,000 • 3139 Bridgewater Dr $139,000 • 4762 Live Oak Dr $150,000 • 5348 Blair Vw $172,500 • 4985 Ivor Dr $205,000 • 2570 Barkman Dr $205,000 • 1225 Keith Dr $206,000 • 2304 Sierra Springs Dr $219,900 • 1026 Wernimont Cir $225,000 • 4512 Canyon Wren Ln $230,000 • 4418 Eastcrest Cir W $232,000 • 540 Prairie Star Cir $234,900 • 4556 Skylark Rd $235,000 • 4202 Grassy Ct $273,000 • 5250 Adana Dr $325,400

80917

• 5020 Castledown Rd $195,000 • 5475 Jennifer Ln $211,000 • 4875 Turquoise Cir $230,000 • 5189 Iron Horse Trl $275,000 • 3086 Fascination Cir $275,000 • 3335 Brenner Pl $370,000

80918

• 3455 Valejo Ct $235,000 • 1892 Brookdale Dr $235,000 • 4915 Galena Dr $235,500 • 6225 Fall River Dr $236,700 • 3084 Maverick Dr $240,000 • 4730 Montebello Dr $245,000 • 5620 Del Rey Dr $245,900 • 6550 Plaid Pl $270,000 • 6120 Eagles Nest Dr $280,000 • 6343 Brightstar Dr $285,000 • 6545 Plaid Pl $300,000 • 6727 Duke Dr $316,000 • 6158 Maroon Mesa Dr $342,600 • 5810 Cliffside Ter $485,000 • 4824 Cedarmere Dr $535,000

80919

• 6118 Colony Cir $200,000 • 7370 Brentford Dr $260,000 • 7165 Aspen Glen Ln $275,000 • 5839 Wisteria Dr $309,000 • 7475 Colton Bluffs Vw $359,100 • 5630 Astoria Way $360,000 • 5020 Vista Del Sur Pt $420,000 • 5375 Lanagan St $575,000 • 2930 Needlecone Ln $622,000 • 5345 Chambrey Ct $775,000

80920

• 1869 Parliament Dr $080,000 • 7430 Arroyo Grande Ct $230,000 • 8580 Boxelder Dr $265,000 • 2102 Summerset Dr $272,000 • 1875 Chapel Hills Dr $272,000 • 8212 Telegraph Dr $280,000 • 3765 Fair Dawn Dr $288,500 • 8455 Rain Dance Ct $292,000 • 8135 Tulip Tree Ct $295,000 • 8925 Aragon Dr $298,000 • 9210 Bellcove Cir $309,900 • 8054 Radcliff Dr $310,000 • 4551 Scarlet Dr $329,900 • 4046 Morning Glory Rd $368,500 • 3020

“Working together to serve you better” • • • •

Buy Now & Get Up To $25,000** at the Design Center, PLUS Choose 2 Bonuses!*

BONUS ONE FREE Refrigerator and Washer/ Dryer*

BONUS TWO $3,500 CLOSING COSTS*

BONUS THREE FREE Air Conditioner*

BONUS FOUR EXTRA $4,000 Design Center Credit*

Purchase your new Century Communities’ home before August 15th and get a design center credit up to $25,000** on select homes! Plus choose two amazing bonuses*! Select a move-in ready home and get in on our hot August deals!

Learn more at CenturyCommunities.com/Colorado or call 303.268.8364 for locations and the latest offers. *Summer bonus offer valid on homes that contract from 8/1/2017 through 8/15/2017 at Century Communities Colorado Locations. Bonus offer requires use of builders preferred lender. Offer consists of TWO (2) bonus options of buyer’s choice. Bonus options include: free appliance package valued at up to $3,500, or up to $4,000 in design center credit, or free air conditioning valued at up to $5,000, or closing costs valued at up to $3,500. **Additional design center credit offer valid only at select Colorado communities on select homes that contract from 8/1/2017 through 8/15/2017. Maximum value of additional design center credit varies by community and homesite. See a sales representative for details. Price, plans and terms are effective on the date of publication and subject to change without notice. Depictions of homes or other features are conceptual. Decorative items and other items shown may bae decorator suggestions that are not included in the purchase price and availability may vary. Persons in photos do not reflect racial preference and housing is open to all without regard to race, color, religion, sex, handicap, familial status, or national origin. ©08/2017 Century Communities

Licensed Broker since 1988 Helping more than 2500 satisfied clients buy or sell their properties Colorado Springs Natives Making the choice to buy or sell Real Estate is one of the biggest decisions most people will make in life. The market is changing on a monthly basis and your greatest investment deserves the best representation. Let 29 years of experience be your Real Estate guide!

• Specializing in Residential, Commercial, Multi-Family, Land and New Construction in all price ranges (If you are buying a new built home, there is a lot you need to know).

• We also specialize in working with seniors that need a Good Plan and Good Advice when it comes to selling or buying.

BRENT DEMOS

Real Estate Broker/Co-Founder

KIMBER DEMOS Broker Associate

DEDICATION-COMMITMENT-RESULTS

719-338-8110

WEBSITE EMAIL

BrentDemos.com TheDemosTeam@Gmail.com

• • • • • • • • • • • • • • • • • • • •

Windjammer Dr $380,000 3779 Cottage Dr $395,000 2530 Wimbleton Ct $400,000 9725 Pleasanton Dr $464,000 80921 14279 White Peak Dr $266,000 11590 Hibiscus Ln $300,000 11572 Spectacular Bid Cir $444,800 2368 Ledgewood Dr $450,000 248 Caprice Ct $459,900 884 Black Arrow Dr $513,000 1353 Spy Valley Rd $515,000 11519 Spectacular Bid Cir $519,600 1215 Kelso Pl $546,500 15872 Woodmeadow Ct $547,000 2465 Fieldbrook Ct $550,000 1280 Foothills Farm Way $554,900 13958 Sierra Knolls Ct $592,500 2199 Diamond Creek Dr $614,000 16151 Red Fox Ln $730,000 1797 Redbank Dr $1,339,000

80922

• 7235 Blue Pond Pt $210,500 • 6285 Blazing Star Dr $235,000 • 4963 Fabray Ln $237,000 • 7475 Klipspringer Dr $240,000 • 7170 Westerner Dr $241,000 • 6250 Dry Gulch Ct $245,000 • 3010 Pier Pt $257,500 • 7744 Autumn Leaf Way $259,900 • 5276 Renault Ct $265,500 • 3042 Pony Tracks Dr $267,000 • 5843 Instone Cir $279,000 • 7070 Allens Park Dr $279,900 • 5009 Sweetgrass Ln $285,000 • 5216 Renault Ct $291,000 • 5070 Uravan Ct $292,000 • 4145 Pronghorn Meadows Cir $318,500 • 3317 Bexley Dr $325,000

80923

• 5913 Tympany Pt $195,000 • 6596 Emerald Isle Hts $234,500 • 6588 Emerald Isle Hts $252,200 • 6097 Bow River Dr $258,400 • 5327 Butterfield Dr $262,500 • 6476 Sunny Meadow St $275,000 • 6258 Poudre Way $275,000 • 6335 Hartman Dr $280,000 • 6688 Balance Cir $285,000 • 5037 Chariot Dr $290,000 • 5850 Sanchez Dr $290,000 • 7272 Prairie Wind Dr $295,000 • 7222 Grand Prairie Dr $302,000 • 4930 Dry Stone Dr $312,000 • 7337 Legend Hill Dr $319,000 • 5252 Fossil Butte Dr $329,900 • 6726 Spruce Hill Ct $344,500 • 7094 Wood Lily Dr $385,000 • 7038 Mustang Rim Dr $398,000 • 7027 Issaquah Dr $403,200 • 5931 Wild Bill

Way $420,000 • 7114 Silver Buckle Dr $451,900

80924

• 5489 Cross Creek Dr $223,000 • 8730 Vista Azul Hts $242,000 • 8679 Quinn Pt $244,900 • 8724 Vista Azul Hts $276,200 • 5616 Marshall Creek Dr $381,000 • 8334 James Creek Dr $385,000 • 5792 Flicka Dr $390,500 • 9163 Lizard Rock Trl $422,000 • 9680 Tutt Blvd $424,900 • 5954 Brave Eagle Dr $428,000 • 5467 Paddington Creek Pl $447,600 • 9632 Tutt Blvd $453,900 • 9647 Tutt Blvd $458,100 • 5816 Brave Eagle Dr $490,000 • 6212 Cubbage Dr $510,900 • 11632 Spectacular Bid Cir $521,900 • 4913 Rainbow Gulch Trl $679,000 • • 80925 • 6382 Pilgrimage Rd $210,000 • 4421 Horizonpoint Dr $220,500 • 4354 Wagon Mound Ct $235,000 • 6228 Roundup Butte St $240,000 • 6164 Fiddle Way $248,300 • 4052 Sleepy Creek Dr $260,000 • 6160 Decker Dr $262,200 • 10671 Cattle Baron Way $267,700 • 6152 Decker Dr $268,300 • 6124 Water Trough Trl $277,400 • 10620 Outfit Dr $287,000 • 10179 Intrepid Way $292,200 • 10194 Intrepid Way $292,400 • 10475 Desert Bloom Way $297,500 • 6380 Tranters Creek Way $299,900 • 6134 Fiddle Way $302,900 • 10622 Cattle Barron Way $308,200 • 10601 Desert Bloom Way $317,300 • 6168 Decker Dr $320,300 • 10370 Silver Stirrup Dr $325,000 • 10611 Cattle Baron Way $334,000 • 10495 Hoke Run Dr $371,400 • 10621 Cattle Baron Way $373,100 • 10165 Declaration Dr $375,000 • • 80927 • 6208 John Muir Trl $285,900 • 6858 Cottonwood Tree Dr $325,000 • 7826 Briarthorn Ln $331,000 • 7103 Lindquist Ct $346,000 • 8284 Cypress Wood Dr $355,000 • 7312 Jagged Rock Cir $359,600

80951

• 1831 Pinyon Jay Dr $268,000 • 7947 Irish Dr $285,000

Saturday, Aug 12, 2017

The Gazette · springshouses.com

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The Gazette · springshouses.com

RE 7

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Saturday, Aug 12, 2017

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The Gazette · springshouses.com

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Coming soon in Briargate Southeast

Ridgeview at Stetson Hills

Southwest Living

Newer 2-Story Home in Great Location!

Old Farm

Yoder

3443 Colony Hills ~$210,000~

6841 Summer Grace St. $229,900

3105C Broadmoor Valley Rd. ~ $249,900

10337 Desert Bloom Way ~ $260,000

5174 Eros Way ~ $275,000

37480 Highway 94 $280,000

Dianna Dalton-Daily 719-661-0270 www.DailyHomeSales.com

Dianna Dalton-Daily 719-661-0270 www.DailyHomeSales.com

7938 French Rd 80920 - $329,900

Darling, open, & contemporary 1387 sq. ft.

1-level rancher on 40 acres. Open concept with vaulted ceilings, hardwood flooring, & 17x15 master bedroom with walk-in closet & private ¾ bath with heated flooring. 2 additional bedrooms & full bath. 35x22 detached green house with new gas line, grow lights, & heated office. Totally fenced & gated in smooth wire fencing & planted in brome grass. 30 minutes to Powers Blvd. MLS# 5441961

Picture yourself in this 4 bedroom, 3 bathroom tri-level home in the highly desired neighborhood of Old Farm. Tucked away on a quiet cul-de-sac, this home boasts ample square footage, spacious berooms, 2-car garage, mature landscaping. This private home backs to open space and is located nearby to schools and shopping. Don't miss your opportunity!

GET A CHANCE TO SEE THIS PRISTINE DIST 20 PROPERTY BEFORE THE REST OF THE COMPETITION. WELL MAINTAINED TWO STORY WITH 4 BEDROOMS ON THE UPPER LEVEL. FORMAL LIVING AND DINING ROOMS, FAMILY ROOM WITH FIREPLACE. EAT-IN COUNTRY KITCHEN WITH PANTRY AND ALL APPLIANCES. HARDWOOD AND TILE FLOORS, CENTRAL AIR. FLAT BACKYARD WITH AUTO SPRINKLERS AND STORAGE SHED. MASTER SUITE WITH 5 PC BATH.

Bobbi Price, Jade Baker, Stephanie Hawthorne 719-499-9451 www.bobbiprice.com

Chris Cowles 719-332-7507

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Brent & Kimber Demos 338-8110 "Working Together to Serve You Better"

Bobbi Price, Jade Baker, Stephanie Hawthorne 719-499-9451 www.bobbiprice.com

LI NE ST W IN G !

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3BD/3BA/2CAR Two-Story Home with 3000 SQFT in a Great Fountain Valley Location.

Open Floor Plan, Spacious Rooms, Upgraded Kitchen w/Granite Countertops!

Hardwood Flooring! Master Suite w/5pc Bath! Upper Level Loft is Perfect for Kids Play Area/Computer Desk/Study Area/2nd TV Space. Large, Flat Lot. Quiet, Family Friendly Neighborhood!

D up le x

Darling & immaculate 1248 sq. ft. 3 bedroom, 2 ½ bath 2-story with 2.5-car insulated garage (that can really hold 3 cars). Huge 11,305 sq. ft. fenced lot. Brand new carpeting, siding, & roof. Central air.

Vaulted master. Patio. Shed. 5 ceiling fans.

Open & bright. All square footage is above grade. MLS#

RE PR D IC U E C ED !

Anne Marie Flynn 719-536-4312

This one has it all! - Remodeled UL condo in Villa Pourtales - Quiet interior location - Inviting entry features warm engineered hardwood floors that flow through the spacious great room featuring vaulted ceilings and walkout to covered deck - Gas f/p boasts floor to ceiling wood & tile surround - Gourmet kitchen has upgraded cabinetry, granite, new lighting, & hand painted walls - Custom barn door to laundry/pantry MBR is inviting with fresh paint, lighting, large closet & inviting bath - 2nd bath has been meticulously designed with custom cabinet, lighting, tile floors & shower plus personally hand painted walls and ceiling.

M S ou t nt un ai nin n g Vi ew s!

Move in ready 3 bedroom, 2 bath home with nicely updated kitchen, baths and newer windows. Kitchen has eating nook space along with stainless appliances. Nice & bright living room & family rooms offer great space for all to enjoy. Fenced back yard with shed for storage. Front yard already xeriscaped for you.

Minutes from Garden of the Gods & Rock Ledge Ranch!!

4478 College Park Ct. - $399,900

Jackson Creek

Northgate

Across the street from UCCS

Broadmoor Bluffs

Beautiful Mountain Shadows two-story

1317 Whitehouse DR - $350,000

Stunning Ranch in Campus Bluffs

15867 Bridle Ridge Drive ~ $485,000

15211 Ridgefield Lane ~ $494,900

3906-3908 Panorama Road ~ $495,000

5160 Engleman Court ~ $499,900

2345 Vanreen Drive ~ Price Reduced $505,000

Dean Weissman 719-499-6124 www.DeanWeissman.com

LI NE ST W IN G !

Stunningly Updated Home Nestled Among Pines & Scrub Oak Trees with City Views on a Cul-de-sac in Broadmoor Bluffs. 4BR, 3BA & over 4,200+ SF. Kitchen boasts custom birch pull-out cabinets, granite slab counters, gas stove & double ovens. Enjoy entertaining on one of four private patio/decks. The walk-out lower level features a sprawling family room with home theater & wet bar. Surrounded by views, wildlife and privacy, this home reminds you of why you love to live in Colorado.

Suzanne Holland 719-955-8515

Where to begin with this great opportunity. This Mountain Shadows two story with huge kitchen, 6 bedrooms (several with attached baths), outstanding Trex deck off the back of the house, your own basketball area in the backyard, 3 car garage. The main level includes an office or reading room, formal dining room with crown molding, living room with two sided fireplace into kitchen with light & bright breakfast nook.

Downstairs offers a family room with two sided fireplace, two more bedroom, full bath and storage room.

MacGuire Team 719-536-4321 Photos & Tour @ SeeThatHome.com

Kelly Young 719-337-6043

C O SO M O ING N

Dean Weissman 719-499-6124 www.DeanWeissman.com

Nice Duplex! 2 units both ranch style in a great location within walking distance to UCCS! Amazing rental potential with these two homes and the option for 3 units if you rent the basement in 3906 seperately.

Easy to do! Unit 3906 has main level living with three bedrooms, one bath. Exterior side door works as seperate entrance to lower basement level where there is a nice kitchen including gas stove with oven and sink, two beds and a full bath with a great size family room. 3908 was built in 1968 and is in great condition. All main level living with three bedrooms, two baths. Window a/c unit in kitchen. Lots of opportunity and a great investment property.

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Nate Banet 719-640-0274

Cul-de-sac location & awesome Pikes Peak views from front porch * Main lvl features formal living & dining rooms * Remodeled kitchen w/ new granite, induction cooktop, breakfast nook & new SS appliances * Family room w/ see thru fireplace to study * Huge master suite w/ sitting area & luxurious 5 piece bath w/ double vanities, jetted tub & bidet * 2 additional bedrooms, full bath, craft rm/4th bedroom on upper level * Finished basement w/ large 2nd family room w/ fireplace, wall mounted TV & surround sound speakers * Step behind wet bar, 5th bedroom, full bath & lots of storage space * Oversized 3 car garage w/ workshop * Fully landscaped, back yard fenced w/ dog run * Convenient access to I-25

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Behr and Behr Team 719-536-4359 www.behrandbehr.com

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Excellent flow, functionality & attention to detail * Massive AFA & Mountain views * Spacious Formal Dining, Cooks dream kitchen w SS appliances, center island & walk-out * Great room with custom stone surrounded gas fireplace & entertainment niche * Master retreat w private decking, 2 sided fireplace & sitting area * 2 addt'l bedrooms, full bath & laundry complete the upper lvl * Finished basement boasting large rec room, guest suite and full bath * Newer carpeting, newer hot water heater, humidifier, central a/c, vaulted ceilings, 2 gas fireplaces, walk-in pantry, fully fenced rear yard with sprinkler system front and rear, low maintenance stucco exterior with an upgraded tile roof * This is a MUST SEE!

This Ranch will really wow you with it's hardwood floors and light, airy interior with great room and 10' ceilings. The gourmet kitchen features tall cabinetry, granite countertops, stainless appliances, double oven, and 2 pantries. Laundry right off the Master Bedroom on the main floor is so convenient. Fully finished 9' ceiling basement with 2 bedrooms and a full bath for extra house guests or family! Enjoy the outdoors from two wooden decks and a low maintenance xeriscape yard.3 beds + office, 2.5 baths, 2 car garage, 3616 sq ft'. Conveniently located.

M o Li de vi rn ng

3 bed, 3 bath, 2 car garage w/ 2057 sq.ft. Newer EE vinyl windows throughout. G reat rm w/ wood burning FP. D ining space connects to the kitchen making this floor plan great for entertaining friends & family. The kitchen has newer counters, includes range/oven, refrigerator, dishwasher & opens to the family room.

Walk-out to the bkyrd oasis w/covered patio and deck w/built-in seating, mature manicured landscaping, & flat grass area. Oversized master bedroom w/ walk-in closet, private bath w/dbl vanities bedrooms & view of GoG. All 3 shower surrounds recently epoxied. Garden level walk-out basement w/ open family room flexible to your needs. Add'l: modern interior paint, brick exterior, newer furnace, newer water heater & many more.

TriLakes

Pine Creek

Old North End

Flying Horse

Private .5 acre lot, w/ Breathtaking Pikes Peak Views

6225 Wilson Rd ~ Mountain Shadows ~ $635,000

Craftsman Home w/Views!

1487 Wishing Well View ~ $519,900

3694 Cherry Plum Drive ~ $550,000

1436 N. Wahsatch $585,000.00

2340 Rusty Ridge Court ~ $619,900

2195 Mulligan DR - $628,000

Beautiful Custom Rancher

5680 Vantage Vista Drive ~ $669900

Bill Kemp - 719-499-6125 Bill@kempsells.com

Bill Hourigan 719-332-8569

Live Modern in this 2014 Custom Built Home in the Sought After Old North End*A Rare Find 3 Car Garage & Off St Parking*Exceptional Quality*Open Floor Plan w/ Great Room, Stacked Stone Gas FP w/Blower, Gourmet Kitchen w/Full Slab Granite, SS Appliances, Gas R/O, Soft Close Cabinetry, Walk In Pantry, Casual Dining Area, Exotic Wide Plank Acacia HW*Spacious Owners Retreat w/5 Pc Luxury Bath, Jetted Tub*4 Brs,3 Baths*Park Like BackYard*4 Out Door Living Spaces*Close to CC, Patty Jewett Golf Course, Steele Elementary, Trails, Downtown & I25*See the Virtual Tour at tours.virtuance.com/840939*

Linda Lafferty 719-955-8590 LindaLafferty.com

Spectacular mountain and city light views, close to Pikes National Forest* Street scape enhanced by the new stucco overlay, new Milgard windows, along with oversized 3 car garage and tile roof *Meticulously maintained* large kitchen w/ hardwood flooring, maple cabinets, counter bar opens to breakfast nook and family room with gas FP, walks out to covered redwood deck, tall pines and green*Owners suite in the back of the home offering very private space, with 5pc master bath and walk-in closet w/ built-ins*2 bedrooms and office, laundry, full bath complete the main level* walk-out basement- 10' ceilings; rec room, media/game room, wet bar w/ cherry cabinets & 2nd gas FP, 2 beds, full bath and storage 5/3/3 - 4346 sqft

4 bed, 4 bath, w/ 3900 sq.ft & D20 schools! Overlookd Pine Creek Golf Course. G rt rm w/vaulted ceilings, pecan wd floors, & gas FP w/floor to ceiling stone, w/wall of windows framing Pikes Peak. K itchen w/high-end SS appliances incl. comm. fridge/freezer, gas range/oven, granite counters, lg island w/bkfst bar, pantry, cherry cabinets, built-in china cabinet. Covered deck & ground lvl concrete patio. Main lvl mstr w/wood floor, dual sided gas FP, 5pc bath w/dual vanities, jetted tub, walk-in closet. Walk-out bsmt w/new carpet, guest suite w/private living area, rec room w/wet bar & FP. Newly painted stucco exterior, remote control Hunter Douglas window treatments, protected views & more!

The MacGuire Team 719-536-4321 Photos & Tour at: SeeThatHome.com

Behr and Behr Team 719-536-4359 www.behrandbehr.com

Sa Ope t1 n -4

C u Bu sto ild m

Dean Weissman 719-499-6124 www.DeanWeissman.com

LI NE ST W IN G !

LI NE ST W IN G !

MacGuire Team 719-536-4321 Photos & Tour @ SeeThatHome.com

Extraordinary 5BR, 4BA, 3CA home situated on a quiet cul-de-sac in Flying Horse. The great room boasts soaring ceilings, wall of cascading windows and cozy gas fireplace. The kitchen offers granite counters, gas stove, stainless & dining nook. Walk out to the expansive patio overlooking the beautifully landscaped private back yard. Finished basement boasts a sprawling family room with built-in media niche, billiards area & wet bar. Conveniently located to Golf Club, D-20 Schools, I-25, USAFA.

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Prepare to be dazzled, better than new * Main level offers great room w/ built-ins & fireplace * Kitchen w granite island, tiled back-splash, walk-in pantry, breakfast bar & tons of cabinetry * The dining area off the kitchen w/ radius walls opens to the great room & backyard convenient for entertaining * Main level master features walk-out to rear patio & private sitting area * Luxurious 5 pc bath w/ separate vanities, soaking tub & extended shower * Enjoy the covered, stamped & stained concrete patio w/ views * Finished basement w/ large rec room w area for pool table & roughed in plumbing for wet bar, 2 bedrooms & full bath * Landscaped yard w/ fenced back yard * Central air & humidifier * Wow!

If you are looking for maintenance free, main level living with sweeping Front Range views from nearly every room of your home, this is it! Kitchen overlooks the great room & offers granite counters, sprawling center island, 42"cabinets with pull out shelves, roll-out pantry, double ovens, stainless appliances & sunny breakfast nook. Walk-out Lower level with large family room & wetbar. Visit today and enjoy Pikes Peak views from deck!

Stunning Both Inside & Out!

Golf Course Location!

2252 Red Edge Heights

Executive custom Open Saturday 1-4

Cedar Heights

Lennox Park

5485 Wittenberg Court ~ $700,000

10012 Clovercrest Drive ~ $750,000

Your Dream Home In Flying Horse

555 Pembrook DR - $895,000

3225 Black Canyon Rd ~$929,000~

3 Mesa Lane ~$1,225,000~

Debbie Reardon ~ 719-955-8525 10012Clovercrest.IsThePerfectHome.com

Donna Andersen 719-238-0826

Behr and Behr Team 719-536-4359 www.behrandbehr.com

Anne Marie Flynn 719-536-4312

Hit the trail from this immaculate, updated 5 bedroom, 5 bath 2-story with main level master on an awesome, beautifully landscaped lot in desirable University Park! This home shows true pride of ownership, welcoming curb appeal and presents a custom feel with the state-of-the-art remodeled kitchen & baths, open floor plan, large new deck and so much more! Wonderful combination of formal & casual indoor living areas coupled with welcoming outdoor living spaces make this home a must-see!

Debbie Reardon ~ 719-955-8525 5485Wittenberg.IsThePerfectHome.com

Located on a private drive on the 11th hole of Pine Creek Golf Course, this 5 bdrm, 5 bath Keller Monet 2- story with main level master is meticulously updated and showcases Colorado living at its finest! With high-end upgrades, stucco exterior, newly remodeled kitchen & master bath, open floor plan with upscale finishes throughout, ample storage, tons of natural light, & esteemed Academy District 20 schools; this entertainers´ delight will appeal to even the most discriminating buyer.

Stunning rancher in gated community. Enter the foyer and be instantly captivated by the warm & inviting feel of this very special European style home. The open floor plan is designed for today's family lifestyle & offers 4 beds, 3 baths, 10' ceilings, vaulted ceilings, & oversized 3 car gar w/ electric car charging station +space for workshop. At the heart of the home is the lrg ktchn, featuring granite slab, lrg w/in pantry, custom made cabinets w/soft close doors & drawers, beautiful rich solid wide plank wooden floors.

5 bed, 7 bath, 3 car w/ 7100+ sq.ft. & 1/2 acre lot.

Minutes from HWY 24. G reat rm w/hand crafted natural shed antler chandelier, master crafted beamed ceiling & windows framing Pikes Peak! Enjoy Viking appliances w/gas cooktop, expansive granite island, walk-in pantry/butler´s pantry, hardwd flrs, & natural stone backsplash! Bkfst nook. Formal dining. Office/library. M aster w/2 sided FP, access to the deck, 5pc bath w/granite/marble, oversized shower, soaking tub, walk-in closet, & pvt laundry w/sink & cabinets.2nd mstr suite on main. Walk out bsmt w/3rd mstr suite, wet bar, theater w/stadium seating. M ultiple patios & covered terrace w/stamped concrete floor. heated garage, 5" Alder trim, Pella windows, central vac, & more.

This gorgeous, custom designed home is tucked away on an incredibly private lot in prestigious Cedar Heights. Meticulous condition with luxurious upgrades and finishes. Soaring ceilings and windows frame the staggering views from sunrises to sunsets. Main level living with open floor plan, gourmet kitchen with separate nook area, beautiful beams, tongue in groove ceiling, custom woodwork, high performance theatre room, steam shower, new wood floors, new carpeting, private decks, beautiful landscaping, 4 car (tandem) garage. It all comes beautifully together in a secluded setting to make this your new home.

Rare find in heart of desirable Old Broadmoor on a quiet, tree lined ln. This hm is in a prime location & w/in walking distance of the Broadmoor Resort. Custom designed & built from the ground up in 2005, you'll find this stunning hm to be a perfect combin. of old world charm & tradition & today's modern amenities. Incredible quality & workmanship. Soaring ceilings, spacious, sun-filled rms, beautiful windows & an open, easy living floor plan, will make this hm your sanctuary. G ourmet kitchen w/ SS appliances. The spacious master bedrm has French drs that walk out to a private balcony & a tremendous walk-in closet. Crown molding, cabinetry & custom woodwork/drs throughout. The beautiful, private back yard & patio area make a tranquil oasis.

Anne Marie Flynn 719-536-4312

Gorgeous 3/4/2 home w/incredible upgrades AND room to grow! From the 9" baseboards to the stunning interior rockwork and hardwood flooring this home is all about the intricate details! Chef's farm kitchen has enormous island w/counter seating, quartz counters, gas Dacor 6-burner stove w/double ovens, soft close doors & cabinets, butlers pantry AND walk in pantry. ..there are too many details to list here! Did we mention the mountain views?! More information at www.TeamHourigan.com! Showings will begin this Wednesday, 8/16/2017

8RE

The Gazette · springshouses.com

Saturday, Aug 12, 2017

Yardi to host free property management web event Small to mid-size property owners and managers are invited to join a Property Management Buzz Session webinar on September 7

NEWSWIRE

Yardi is hosting a Property Management Buzz Session webinar on September 7 from 11 a.m. – 12 p.m. MDT. This free thought leadership event will provide insight into property management best practices and current real estate market conditions. It is open to small and mid-size property owners and managers.

During the one-hour webinar, attendees will: • Learn the five keys to property management success • Get tips, tricks and tools to work smarter • Discover new national housing market trends • Join a live Q&A Session with industry experts Each attendee will also receive a free Yardi Matrix report, including a detailed analysis of national housing statistics and forecasts.

“For more than three decades, Yardi has taken

an active role in the real estate industry, with a focus on innovation and growth,” said Terri Dowen, senior vice president of sales at Yardi. “This series gives us an opportunity to share our knowledge with a wider audience and connect with real estate professionals in small and mid-size businesses around the country.”

Learn more or register now at bit.ly/2vnkRV2 to attend this free online event sponsored by Yardi Genesis2. Spaces are limited.

Yardi develops and supports industry-leading investment and property management software for all types and sizes of residential and commercial real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide. For more information on how Yardi is Energized for Tomorrow, visit yardi.com. ■

Lots of lots to build your dream home on Stagecoach Ranch on the Range

www.BobbiPrice.com

Crystal Park $150,000 to $167,000

$55,000 to $145,000

A totally unique upscale equestrian subdivision of 20- Thirty five acre lots off Peyton Highway & Hwy 94 – Elegant stone entrance- white vinyl fencing- trail easements, covenant protected- Beautiful Pikes Peak and Front Range views

13 lots ranging from .5 to .7 acres – all with great views10 have existing wells – Safe gated Crystal Park Manitou Springs Mountain Community with National Forest on 2 sidespool, club house, stocked fishing lake & more

Park Ridge

Spring Creek $39,000 to $65,000

$99,000 each

9 lots ranging from 2.5 to 3.4 acres off Curtis Rd just west of Schreiver Air Force base- Beautiful Pikes Peak & front Range Views in an upscale residential neighborhood of nice custom homes with room to roam

3 easy to build on Multi family lots on Monterey Rd. between Circle & Union Blvd

22 Audubon

331 Panther Ct $49,500

$74,900

Infill lot at end of dead end street of newer homes near the Powers Corridor

Treed Woodland park lot on quiet cul de sac with high end custom homes

422 Highlands Dr. Bobbi Price: 719-499-9451 Jade Baker: 719-201-6749 Stephanie Hawthorne: 719-210-0480 bobbipriceteam@gmail.com www.bobbiprice.com” Stephanie, Bobbi & Jade.

The Bobbi Price Team with the Platinum Group Realtors is proud to announce the exclusive representation

$149,900 Gorgeous 35 acre lot with trees, meadows, rock formations & existing well , between Canyon City & Westcliff

Saturday, Aug 12, 2017

The Gazette · springshouses.com

RE 9

THE MORTGAGE PROFESSOR:

Should you put down as little as possible when you buy a house?

BY JACK GUTTENTAG, TRIBUNE NEWS SERVICE

I have written about making a small-aspossible down payment in the past and recently decided to take a fresh look at the topic. The conclusion I reached was that my previous articles on the subject were incomplete and, in some circumstances, could be misleading.

THE DOWN PAYMENT AS AN INVESTMENT My previous articles emphasized the role of down payment increases as an investment, earning a rate of return that was comparable to the return on other investments. The return on an investment in a larger down payment has three major components: • Monthly payments are lower because of a smaller loan amount, and perhaps a lower interest rate and mortgage insurance premium.

• Upfront fees calculated as a percent of the loan amount, such as points, are lower because the loan amount is smaller.

• The amount owed at the end of the period is smaller because it begins smaller and is paid down more quickly.

There is no risk of loss on investment in a down payment, but there is also no liquidity — an investment in down payment is not saleable.

The term is the life of the mortgage, which is not known in advance, but must be estimated by the buyer.

I recently calculated the rate of return over eight years for different down payment increases on a $400,000 house purchase, using the best conventional mortgage prices quoted by the lenders who deliver their prices to my website daily. Conventional loans with down payments of five percent, 10 percent and 15 percent carry private mortgage insurance. I found that increasing the down payment from five percent of sale price to 10 percent, from 10 percent to 15 percent, or from 15 percent to 20 percent yielded a return of 6-6.5 percent. Readers who want to check this out can use calculator 12a on my website.

A return of 6-6.5 percent may seem modest — until you realize that it is a riskless investment. In terms of safety, it is comparable to Treasury securities. In today’s market, an eight-year Treasury security yields about 2.2 percent.

BUYING MORE HOUSE INSTEAD OF PUTTING MORE DOWN A homebuyer in a position to make a down payment of varying size actually has two investment options. One is to make the larger down payment, as noted above. The second option is to use the incremental down payment to purchase more house. My previous articles neglected this option.

Here is an example. Jones has $20,000

available for a down payment. If he purchases a $200,000 house, he can put $10,000 down (five percent), or $20,000 down (10 percent), viewing the additional $10,000 as an investment. His second option is to use the entire $20,000 to purchase a $400,000 house with five percent down. Instead of investing in a larger down payment, Jones would be investing in more house.

Of course, this example of investing in more house is oversimplified. To implement it, Jones has to have the income needed to service a $380,000 mortgage, and the additional cash needed to pay higher settlement costs.

Nonetheless, the basic point, that a lower down payment may encourage the purchase of a more costly house, is correct.

The clearest case in which a buyer who can qualify for the larger mortgage required being better off financially in purchasing more house than in making a larger down payment is when the expected appreciation rate exceeds the mortgage rate. In that situation, the expected additional house value exceeds the additional interest charges, and may do so even if the borrower is paying a higher rate on the lower down payment mortgage.

For example, if the mortgage rate with 10 percent down is four percent, and the expected appreciation rate is five percent, the buyer electing to purchase a $400,000 house with five percent down rather than a $200,000 house with 10 percent down would be justified in paying 4.5 percent for the mortgage because of the additional appreciation. If the appreciation rate is six percent, he would be justified in paying 5.1 percent on the mortgage. Note that this calculation does not include any incremental value associated with having a more valuable house.

Macroeconomic theory says that interest rates are always higher-than-expected price increases, which may be why my earlier articles on down payments left out the option to purchase more house. The general rule, however, does not necessarily hold for the housing sector. The low mortgage rates in recent years, combined with high property appreciation rates in some areas of the country, mean that some house purchasers who can afford the more costly house made possible by a smaller down payment may do better investing in greater house appreciation than a larger down payment.

But it is a small group, and one of the reasons is that the appreciation rate is a forecast subject to error. The rate of return on a larger down payment involves much less uncertainty.

Jack Guttentag is professor emeritus of finance at the Wharton School of the University of Pennsylvania. Comments and questions can be left at http://www.mtgprofessor.com.

More Open Houses Featured Open House Amazing Meridian Ranch 2 story 12462 Mt Belford Way | $374,900

Hours: Sat 8/12 11-4, Sun 8/13 1-4 Neighborhood: Meridian Ranch Driving Directions: From Woodman, North on Meridian, East on Londonderry to N on Mt Princeton, R on Mt Evans, L on Mt Belford.

Agent/Company: Desra Conrad, 466-1983 Equity Co RE

5bd/4bth/3car garage, in golf course community, Over 4100 finished sq/ft, finished basement, 2 fireplaces including 1 in the mstr suite, Great butlers pantry, walk-in pantry and stainless app, formal dining room, office on main, niches, and lots of storage.

Featured Open House LARGE CORNER LOT - Village Seven W NE CE I R P

3917 Midsummer Lane | $300,000

Hours: August 13, 1 to 4pm Neighborhood: EAS Driving Directions: From south Carefree go South on Nevermind Lane then Left on Serendipity Cir to Midsummer Lane, home on southwest corner Agent/Company: Guy Nanney, 719-338-7305 ERA Shields

Stunning split-level home in desirable Village Seven! This four bedroom home is move in ready and sits on a beautifully landscaped corner lot with mature trees, lush grass, shrubs and plants. Centrally located with easy access to Academy Blvd, shopping, restaurants, and a short distance to military bases. The community has a network of trails that lead you to the park and elementary school. Many features including: *Central Air * Pella windows * Open kitchen remodel with custom cabinets, slide-out drawers, under cabinet lighting, pull-out spice rack, large island, tile floor, and stainless steel appliances * Beautiful deck off upper level with arbor * New exterior paint * Remodeled upper bath with tile floor, custom cabinets, and granite counter * Updated Honeycomb blinds * Blown in attic insulation * New insulated Wayne Dalton garage door * Large back yard with 6x8 Tuff Shed. This home is a gem located in a quiet neighborhood!

Featured Open House Beautiful 3 Bedroom Mountain Shadows Home!

6335 Wilson Road | $799,000

Hours: 1:00 – 3:00, Saturday, August 12, 2017 Neighborhood: Mountain Shadows Driving Directions: From N 30th Street and Garden of the Gods Rd, go North on 30th, Left on Flying W Ranch Road, Left on Chuckwagon Road, Right on Rossmere, Left on Wilson Road, home is on the left.

Agent/Company: Kevin Patterson, 719.575.1200, The Patterson Group

Featured Houses

Wonderful 3 bedroom, 4 bath home includes a 3-car oversized garage and sensational views. The main level features the formal living room and dining room, updated gourmet kitchen, family room, office and two bedrooms with adjoining baths. The kitchen includes tons of cabinet space, granite countertops, high-end appliances, island with custom knotty alder cabinets, pantry, breakfast nook and walkout. The master suite which is also located on the main level features a walkout, huge walk-in closet plus a private 5-piece bath. The lower level includes the third bedroom with adjoining bath, second family room with wet bar and wine room. The outdoor spaces features a flagstone patio facing the mountains with gas fireplace and amazing views.

Featured Home of the Week

Featured Open House

Best Value on the Westside!

Open House on New Build, Move-In Ready

2575 Indian Hills Grove | $269,900

Neighborhood: West Driving Directions: From I-25, south on Chestnut, right on Van Buren, right on Pawnee Mesa, home is directly ahead on Indian Hills.

Agent/Company: Jackie McGee, 719.201.6009 ERA Shields Real Estate

This immaculate 2-story townhome has 2,409 s.f., 2 bedrooms, 4 baths, a loft, a finished basement and a 2-car garage.

Built in 2005, it has been well maintained and is move in ready. The home has a very nice kitchen with top of the line cabinets and granite counters, an eat-in area as well as a formal dining room. There are wood floors on the main, a gas fireplace, air conditioning and very cute patios in the front and back. The master suite has an attached 5-piece bath. It’s in a great location and is close to everything.

Featured Home of the Week

11341 Lobo Peak Drive | $579,900

Hours: Sat 8/12, 12pm-5pm Neighborhood: Peyton, CO Driving Directions: From I-25, go East on Woodman Road. Turn left onto Meridian Road. Turn right onto Rex Road. Turn left onto Pyramid Peak. Turn left onto Lobo Peak. Our model home is located at 11264 Lobo Peak. Stop at the model and one of our sales agents can walk you through the available home.

Agent/Company: Jordan Borski, 281-900-7020 / 719-492-0685, Majestic Custom Homes, Inc Approx. 4,200 Sq. foot home, 5 bedrooms, 3 bath, finished basement, wet bar in basement, A/C included, Oversized 6 car RV garage, Extended laundry room with utility sink, Large master suite with 5 piece bath, Covered back patio, Covered front porch, Mountain views, Beautiful finished throughout home, and much more.

Featured Open House Nice remodeled home with open floor plan

E US HO DAY N E R OPSATU-5PM 2

1389 Cresson Mine | $449,500

Neighborhood: Gold Hill Mesa Driving Directions: from I-25/exit 141. Make left at exit towards Hwy24. Left at 21st street, left at Lower Gold Hill Rd, Left at Millstream Terrace, Right on Cresson Mine.

Agent/Company: Agent/Company: Lenka Martin, (719)205-5248 For more info: Lenka@LenkaMartin.com

4 bdrms & study/4 baths/2 car garage/ 3555 total sq f/ 3357 finished Beautiful and well maintained two story home with finished basement, former John Laing model. Walk to rec center with gym, enjoy serene green spaces, and take advantage of the spa on premises. Three beds, two baths, and laundry on the upper level. Large master bedroom with two walk in closets and luxury 5 pc master bath - soaking tub, freestanding shower, and spacious double vanity.

Secondary bedrooms share a bath. Finished basement with wet bar, additional bed and bath, rec room, and bonus nook. Open kitchen with adjacent dining nook features granite countertops, designer cabinets, cherry hardwood floors, spacious kitchen island with gas cooktop, dedicated pantry, and wall microwave/oven combo. Nice architectural details through. Centrally located with easy access to I-25, Hwy 24, Old Colorado City, downtown, Broadmoor, Cheyenne Mountain, Colorado College, Olympic Training Center, COS Airport, Fort Carson.

1780 Kimberly Pl. | $279,900

Hours: August 12th 1-4pm Neighborhood: East Driving Directions: Powers north to Palmer Park, left/west to Cora lane, right to Kimberly Place, left, house on right corner.

Agent/Company: Anna Benson, Mark A Real Estate Service

4 bedrooms, 3 baths, 2 car garage in this bi-level, 2,400 sq. ft home. Kitchen updated with walnut cabinets, tile floors, granite counters/bksplash, all stainless steal appliances included. Newer wood floors, carpet, tile entry. Master with 3/4 bath, 2 more beds plus full bath upper level, 1 bd+ 3/4 bath lower. 2 large living areas, 2 wood burning frplaces, A/C. Nice size fenced backyard with new fence and sod.

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$319,900 - Southwest

1007 Jupiter Dr. Ranch floor plan in popular Skyway neighborhood close to D-12 schools, parks, trails and community swimming pool. 4 bedrooms, 2 baths, stainless appliances, granite counters & updated baths.

Spacious backyard with room for outdoor entertaining and garden area, corner lot.

Detached 2 car garage!

Wayne Jennings (719) 491-1117

Creekside Manor

6,564 SF, 4BD, 4BA, 4CG $1,395,000 - Broadmoor Resort

4bd/3ba, 4,700 sf, in District 12 $882,000 - Southwest

740 Silver Oak Grove, 80906 | Nestled on a Treed Lot, this Magnificent Custom Walkout Rancher Affords only the Very Finest of Exterior & Interior Finishes. No Detail Has Been Overlooked nor Quality Sacrificed in the Infinite Elegance & Custom Workmanship of this Home.

Once you’ve seen this magnificent property, you’ll never want to leave.

Keith Hays (719) 492-1751

www.FindAHomeCO.com

$820,000 - Northwest

2820 Rossmere St. Main level living & finished lower level with indoor pool and dry sauna. This extraordinary custom home is the ideal blend of contemporary sophistication and relaxed mountain living with stunning beamed ceilings. Private location with amazing views. 6,090 sq. ft., 4 bedrooms, 5 baths, 3 car garage. Exceptional!

Wayne Jennings (719) 491-1117

$1,799,000 - Southwest

3279 El Pomar Rd. | Stunning Mediterranean Style

Custom Home Sits on the Broadmoor West Golf Course*Sweeping Mtn & City Views*Walking distance to Broadmoor Hotel*Lush, private yard w/6 custom outdoor patios & stone terraces*Total Main level living w/open & bright floor plan*Second Upper level master suite*Slate & planking hardwood*

Constantino-Rubley (719) 440-0122 / (719) 351-7408

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Outrageous Price Improvement

South Office 660 Southpointe Ct. (719) 576-6767

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$275,000 - Widefield

529 Jersey Ln. | Beautiful 5 bedroom, 3 bath, large family room, nicely landscaped, 1 car garage.

Driveway is large enough for boat, camper or multiple cars. This home has a great enclosed patio for entertaining guest. The backyard has a dog run, shed and outdoor area to put a nice patio set. Home has central air, sprinkler system, new roof and new gutters. A MUST SEE!!!

Bob Longgrear (719) 232-9278

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Open House - Estate Sale 12pm-4pm Saturday 8/12

Downtown Office 216 N. Tejon St. (719) 635-7653

319 Cheyenne Rd. | Property sits on almost an acre of seclusion, and the tranquility of Cheyenne creek. Decorative Van Briggle fireplace in the foyer.

Has beautiful 2014 expansion. Step back in time to this pastoral setting and enjoy the peaceful life in a secluded setting; yet have all city amenities within minutes of the property. A true Colorado gem!

Gretchen Werschky (719) 231-2921

$230,000 - Northeast

4703 Iron Horse Villas Super end unit townhome w/commanding mountain + peak views off covered deck. Open design w/kitchen opens to great rm, stainless appliances, 3 bedrooms + 2 baths up. Oversize 2 car attached garage. Gated community.

Randy Reynolds (719) 499-5833

$514,000 - Northgate

1716 Bridle Oaks Ln. | Location, view, design.

Outstanding open 2-story design w/rich oak flooring through most of the main level and oak stairs up + down, lg gourmet kitchen open to 2-story tall great rm, main lvl study/office, 4 lg bdrms up, fin basement w/rec rm, wet bar + 5th bdrm, great deck + covered patio w/fire pit. A must see. Great Stone Crossing neighborhood.

Randy Reynolds (719) 499-5833

Luxury Lot

$1,725,000 - Cedar Heights

2970 Cedar Heights | Outstanding custom ranch design w/unsurpassed views of city + Pikes Peak.

Very open + flowing floor plan w/wall of windows in great room, hearth room off gourmet kitchen, 5BD, 8BA, 5FPs, wine cellar, sauna, elevator, rear deck runs the length of home, 2 home offices + much more!

Check pictures at: RandyReynolds.com Randy Reynolds (719) 499-5833

$129,900 -Skyway Park

$165,000 -Skyway Park

1510 Alpha Court What an opportunity! In-fill lot on quiet cul-desac near Cheyenne Mountain High School and Gold Camp Elementary. Easy building site helps make dreams come true. .34 acres that faces South with plenty of native area adding to the mystique.

1540 Alpha Court Fantastic! Private setting in cul-de-sac. South facing with mature surroundings. .89 acres.

Walking distance to Cheyenne Mountain schools and Bear Creek Park.

Andy Lindquist (719) 337-7135

Andy Lindquist (719) 337-7135

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Great Views!

$285,000 - Cathedral Pines

5025 Vessey Rd. Absolutely gorgeous custom home lot in prestigious Cathedral Pines. 2.7 acres of SEfacing, fully developable land that faces SE and backs up to a Black Forest Regional Park hiking trail and the planned 11th fairway of the future Flying Horse at Shamrock golf course.

Andy Lindquist (719) 337-7135

$450,000 - High Point Gardens

1213 E High Point Lane Unique custom home built by & for engineer & architect Garold D. Smith, Jr. as a passive solar home. No longer functioning as such, it uses European style mini-splits for climate control.

4 bed/3 bath/2 car garage w/ wall of windows looking at beautiful city views.

Gorgeous cherry wood features inside.

Marion Meyer (719) 238-1660

$265,000 - Claremont Ranch

1941 Dewhirst Dr. Affordable 3 BD/2 BA/2 car Rancher w/ open floor plan & great room concept. Move-in ready w/ central A/C, new roof, windows, screens & more! Pikes Peak view! Easy access to military bases & airport! Great home for family or investor.

Marion Meyer (719) 238-1660

1.88 acres in gated community! $299,900 - Cedar Heights

4315 Cavern Ridge Rd. | 1.88 acres in private, custom home community * gate located only 10 minutes west from downtown Colo Springs * gently sloping, S/W exposure home site w/spectacular, unobstructed views of Pikes Peak and Front Range* overlooking S/W of Colorado Springs * bordering open space with hiking trails * Colorado Springs Utilities provides all utilities * 24 hr security Dana Smith (719) 502-9217

Rancher on 1/3 acre

$309,900 - Cottonwood Grove

6880 Weeping Willow Dr. Nice space. Well maintained rancher with walkout lower level. No homes behind. True main level living. Hardwoods, gas fireplace, central air, big deck, NEW sod, flat lot, stucco exterior and views.

Main level master suite w/walk in closet and adjoining bath.

Debra Faricy (719) 439-5715

www.FindAHomeCO.com

4695 Stone Manor Ht. | Enter to panoramic views

where privacy & warmth stream through the walls of glass. Open, airy, light & bright w whimsical touches. An entertainer’s delight, the open great room kitchen & dining room soak in the spectacular views. Sunshine streams into the gourmet kitchen which offers two slab granite islands, an abundance of cabinetry, stainless appliances & counter seating. Views!

JoAnn Gadkowski (719) 339-8909

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395 Oakhurst Ln. Truly breathtaking! This gently sloping lot is located at the end of a cul-de-sac and overlooks and backs to the Broadmoor golf course.

Unobstructed views of the Front Range. Perimeter of lot is lightly treed. Flag lot. Also close to Country Club of Colorado, Hwy 115, I-25 and downtown.

Debra Faricy (719) 439-5715

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485 Paisley Drive | Just off Paisley Drive in a private mountain setting overlooking city lights & mountain vistas, this former Parade Home winner offers an open floor plan w walls of windows. From your large trex deck enjoy the spectacular city views peeking through beautiful mature pines towering over the flat grassy yard. The tastefully remodeled kitchen boasts newly refinished hard wood floors, new stainless appliances, & slab granite island.

JoAnn Gadkowski (719) 339-8909

Great time to build!

$260,000 - Broadmoor

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6 Bed 5 Bath 3 Car 4846 SqFt $665,000 - Stonecliff/Southwestt

4 Bed 4 Bath 3 Car 5114 SqFt. $1,195,000 - Broadmoor Resort/SW

$899,000 - Broadmoor Heights

31 Sanford Rd. Serene .65 Acre lot w/views. Spacious main level living. Great room w/peaked wood ceiling & red sandstone fireplace. Master w/gas fireplace. Main level office. Updated kitchen. Remodeled baths.

Walkout lower. Expansive decks. Front courtyard. Wine cellar. Sauna. Heated in-ground swimming pool!

Becky Gloriod Partners (719) 822-0636