Real Estate 09/14/14

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Sunday, September 14, 2014

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SPOTLIGHT: OUTDOOR LIVING AT ITS BEST

Charming Italian villa veiled among the trees

BY LESLIE MASSEY  SPRINGSJOBS.COM

Enveloped by a bounty of flourishing shrubs, bushes and towering trees on a sheltered street just a short stroll from The Broadmoor, this romantic Italian villa is overflowing with character. Designed with an open and flowing floor plan, this stylish custom home delivers an array of options for gathering with friends and family or spreading out for some quiet time.

Along with a captivating stucco exterior and tiled roof, delightful blue shutters and flower boxes seamlessly complement the circular drive and enticing front patio. Settled on almost one-half acre, this beautiful villa presents over 3,700 square feet with four bedrooms, three bathrooms and a finished two-car garage.

Becky Gloriod, listing agent with Berkshire Hathaway Homes

Services Rocky Mountain Realtors, has the home offered at $699,000.

Hardwood floors nearly cover the entire main level where a formal living room features a sophisticated gas fireplace flanked by built-in shelves. Just outside the French doors, a welcoming front patio delivers a serene location to relax in the mountain air. From the

2051 PINE GROVE AVENUE

CALL FOR A PRIVATE SHOWING Becky Gloriod, The Becky Gloriod Team Berkshire Hathaway Homes Services Rocky Mountain Realtors

719-229-9777 • www.beckygloriod.com

CONTINUED ON PAGE 3

FEATURED LISTINGS

Updated Classic Contemporary w/ Main Level Living

Remodeled home w/Unsurpassed Views on .82 Acres

19 Sanford Rd. 7,282 Square feet, 5 BR, 5 BA, 6 Car

29 Sanford Rd. 4.725 Square Feet, 5 BR, 5 BA, 4 Car

Clean lines & amazing style! Elevator access to all levels. Extensive hardwood flooring. Great room w/10’ ceilings & floor-to-ceiling windows. Upscale kitchen w/newer stainless appliances. Main level master w/marble bath & huge walk-in. Family room. Office. Exercise room.

Upper level suite or rec room w/kitchen. 4 Fireplaces. 3 Decks.

Listed at $1,135,000

Totally remodeled since 2005 to include 1622 square feet of decking. Tiled floors on most of main. Stunning great room + family room off the gourmet kitchen that has alder cabinets, gas range & 2 dishwashers.

Main level master suite w/office & sumptuous 5-piece bath. Walkout Lower. Gorgeous setting w/water fall, pond & views. Fenced yard.

Listed at $675,000

Jack & Becky Gloriod • 719-229-9777 • 719-785-4110 or Dick Archer •719-440-7620

Discover The Unbridled Majesty Of Flying Horse.

Homes from the $300s | Award-winning Country Club Preferred Builders | Tom Weiskopf Golf Course

FlyingHorseColorado.com

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The Gazette · springshouses.com

Sunday, Sep 14, 2014

RIGHT AT HOME:

Sellers, give every room a role

BY KIM COOK  THE ASSOCIATED PRESS

Many of us have one room in the house that doesn’t really have a job.

Maybe we set it up with an air bed once in a while for guests, or shove out-ofseason clothing boxes in there, or use it as a holding zone for stuff we’re not sure what to do with.

But when your house is on the market, every room has a role to play to make the sale. Next to fixing whatever’s broken, staging — decorating rooms in an inviting way to help people imagine living in them — is important.

“The purpose of home staging is to draw the buyers into the house emotionally so they say, ‘Wow, we want to live here!’” says Melinda Bartling, a real-estate agent and home stager in Overland Park, Kansas.

“Buyers must be able to see themselves living in the house, not questioning why it looks the way it does.

For example, if you use your finished basement as a catch-all, buyers will wonder what’s wrong with the space.”

New York-based real-estate agent Nathalie Clark’s motto is “minimalism with personality.”

“The owner’s presence must be as discreet as possible, but the rooms have to feel inhabited and should clearly state their function,” she says.

Some ideas from stagers on what to do with an unused space: MAKE IT A CLOSET Everyone wants good storage. Turn a potential shortcoming into a valuable feature by transforming a small room into a large closet or dressing room.

Install a shelving system; if money’s an issue, just outfit one long wall to achieve the purpose. Add a chair or ottoman and a large mirror, perhaps, so buyers can imagine a dressing room.

If your home is short on storage, consider outfitting an under-stair niche or other “dead” space with shelving,

and stock the shelves with smartlooking boxes and bins.

But leave some empty space in a closet, too.

“Closets filled with items other than clothes send the message there isn’t enough storage in the house,” says Bartling.

MAKE IT CREATIVE Transform a bedroom with a tiny closet into creative workspace. Suggest a craft or art studio with a table and some neatly displayed materials. Line up a series of identical bookshelves and make a small yet inviting library by adding a rug, a comfortable chair and a side table.

MAKE IT AN OFFICE Real-estate agents tend to prefer that bedrooms be staged as bedrooms, because buyers usually want lots of those. But depending on your market, it may pay off to stage one of those rooms as a home office.

If you’ve got more than four bedrooms, Clark says, turn one into a home office. In a four-bedroom home, “use the room farthest from a bathroom,” she advises.

Add a desk, chair and lamp, and lay down a fresh new rug in either a chic neutral hue or a style-savvy pattern that ties it into neighboring rooms.

MAKE IT A WORKOUT SPACE Empty nesters often have basements that once were playrooms. Clark suggests converting a space like that into a cozy TV room or gym.

“For a gym, you don’t need a lot of fancy equipment,” she says. “A bench, some neatly stacked weights, a few ropes or bands hung on pretty hooks, a mirror and a mat can all easily be arranged to create a powerful visual effect.” 

Pay cash for home, get quick cash-out refinance

BY JANNA HERRON BANKRATE.COM

As homebuyers plunk down all cash to win houses, some of them might wonder how quickly they can convert that equity back into Benjamins. The answer? They can get a cash-out refinance almost immediately, thanks to a little-known Fannie Mae program.

The delayed financing program allows all-cash homebuyers to refinance and take equity out as soon as they close on the home purchase.

Before mid-2011, when the program went into effect, homebuyers had to wait at least six months before tapping home equity.

That’s good news for homebuyers in all-cash sales, which were a third of all purchases in the first quarter of 2014, up from the previous two years, according to the National Association of Realtors. And those are not all investors either, says the NAR. Many are retiring baby boomers trading down to more manageable homes and pocketing the difference when they do it. The delayed financing program gives them the option to take home even more cash while enjoying historically low interest rates on a conventional home loan.

“I’m seeing it more and more in the areas where the property market is really heating up,” says David Cary, a mortgage broker for C2 Financial Corp. who works in the California market.

“It’s made a big difference to clients I work with because they don’t want all their money tied up in real estate, even for a short time.”

DELAYED REFINANCING 101 Despite no wait time, the program comes with rules: The sale must be arm’s length, meaning no parents selling to their children or business partners transacting with each other, Cary says.

Homebuyers must prove where all the cash came from to buy the house, something that isn’t necessary during a regular refinance, says

program allows homebuyers to present a cash offer, then replenish their liquidity once the deal is done, Sheldon says.

The program can act as a hedge against rising interest rates, if the buyer believes rates will increase in the six months after buying, Sheldon says.

Pava Leyrer, director of training and implementation at Northern Mortgage Services in Grandville, Mich.

If the home was bought using money from a home equity line of credit on another house, the money from the cash-out refinance must first be used to pay down the HELOC debt.

Gift funds used to buy the house cannot be paid back with the cashout proceeds.

There also cannot be any lien or loan financed directly against the property, such as a HELOC, Leyrer says.

LIMITS ON MONEY AMOUNTS The program can be used for primary residences, second homes or investment properties up to the local conforming loan standards (typically $417,000).

But the amount of equity that can be pulled out depends on what the house

will be used for, says Scott Sheldon, a senior loan officer for Sonoma County Mortgages in Santa Rosa, Calif.

The details: Owners of primary residences can borrow up to 70 percent of the home’s value.

Investment properties and second homes are limited to 60 percent or less.

Borrowers also cannot have more than 10 financed properties to qualify for the delayed refinancing program, Sheldon says.

WHY PEOPLE USE THE DELAYED FINANCING PROGRAM There are several reasons that homebuyers may use the delayed financing program instead of waiting the six months to tap equity: A property may be in such disrepair

that a lender won’t underwrite it, Cary says. With this program, a homebuyer can buy the property, make quick repairs and take money out of it before six months elapse.

The chain of buyers and sellers might have irreconcilable timing issues. One of Cary’s homebuyers used the program as he downsized from one place to another. “The buyer couldn’t close on his old home before buying the second residence and the seller wouldn’t wait until he closed,” Cary says. “So he used pretty much all the cash he had from retirement funds to buy it and then used this program to get it out.”

It can be used as a tactical advantage in a hot market. Many sellers would rather accept cash offers over those with a financing contingency, sometimes even when the cash offer is lower. The

REASONS TO AVOID THE DELAYED FINANCING PROGRAM The delayed financing program isn’t always easy to find. Even though Fannie Mae buys this type of loan, many lenders don’t offer it, Cary says. That means less competition on rates and terms.

“In my experience, the big four banks did not have this type of loan the last time I did it,” Cary says. “Some don’t want to get involved and others make it even more restrictive.”

Getting the cash out earlier also means you will get a higher rate, pay higher fees and deal with more paperwork to close the loan, says Sheldon.

“If you wait six months,” he says, “you can get the same product, except cheaper and easier.”

5 KEY FACTS ABOUT THE DELAYED FINANCING PROGRAM It lets you buy a home with cash, then do a cash-out refinance immediately.

You have to show where the cash came from to buy the house.

The purchase must be an arm’slength transaction.

You can get more cash if it’s a primary residence, and less if it’s a second residence or investment home.

Many sellers favor cash offers, so the program bestows an advantage in hot markets.  Janna Herron writes about mortgages for Bankrate.com. Visit Bankrate online at www.bankrate.com.

Sunday, Sep 14, 2014

The Gazette · springshouses.com

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SPOTLIGHT: OUTDOOR LIVING AT ITS BEST CONTINUED FROM PAGE 1

living room, an arched opening displays the stylish dining room affording plenty of room for hosting a good-size crowd.

Within the revamped gourmet kitchen, an abundance of cabinets and tiled countertops are accompanied by a pot rack and a walk-in pantry along with alluring tile flooring and a sunlit breakfast nook. Updated

appliances include double ovens and five-burner gas cooktop.

Adjoining the kitchen, the cozy family room has tiled flooring and an additional gas fireplace flanked by built-in book shelves. Along with access to the front of the home, this room also has French doors leading to the captivating back patio.

Opportunity for fun and games is available on the main level in the impressive game/rec room with pool table, TV/sitting area, large built in desk and a considerable wet bar with full size refrigerator. A set of French doors in this room opens to the magnificent back yard.

Heading to the second level, a handsome cherry wood staircase

leads the way to three generous guest bedrooms, one with a sizable bench, set within a bay window. A full-sized bathroom is situated conveniently in the hallway within a short distance of each bedroom.

Down the hall, a relaxing master suite conveys tranquility and calm. Highlights include his-and-her closets and French

doors displaying a private second floor patio. An attached master bath includes wood floors, tiled counters, dual vanities, walk-in shower and graceful claw-foot tub.

Exceptional outdoor living is brimming with solitude and harmony within the shelter of trees and knolls. The peaceful setting feels considerably distant from city life, whether you choose

to savor the fresh air from the front patio, back patio, or fenced back lawn and side yard.

This home comes with an abundance of potential for tailoring it to suit any family’s needs. It has also been equipped with new mechanical, electrical and plumbing installed around 2001, along with central air and a radon mitigation system. 

THE MORTGAGE PROFESSOR:

What are ‘no-cost mortgages,’ and are they a good deal?

BY JACK GUTTENTAG  THE MORTGAGE PROFESSOR

A no-cost mortgage is one on which all lender fees are waived, and (subject to the possible exceptions described below) other fees are paid by the lender. The quid pro quo is a relatively high interest rate, which makes the NCM costly for borrowers who expect to have their mortgage a long time. But if the borrower has limited cash, avoiding an upfront cash drain may be much more compelling than the higher interest cost spread over many years.

No-cost mortgages have one feature that I like a lot.

Because lenders offering NCMs pay for services obtained from third-parties, such as title companies and appraisers, they have an incentive to find the service providers offering the lowest price. When borrowers pay for these services, which is most of the time, lenders generally accept high prices that make the service providers beholden to them.

The relative simplicity of a mortgage with only one price dimension is also attractive. In principle, it should make price-shopping much easier. Unfortunately, ambiguity about which costs are covered and which aren’t can nullify this benefit.

The Platinum Group Realtors, Inc. welcomes new agent NEWSWIRE

The Platinum Group Realtors, Inc. is pleased to welcome Craig Rogers to their growing team of real estate professionals.

As a Manitou Springs High School graduate and Valedictorian, Rogers was awarded the prestigious Boettcher Foundations Scholarship, the first in the school’s history.

Rogers then went on to Colorado College where he joined the Phi Beta Kappa Fraternity, played on the C.C. basketball team, and graduated Summa Cum Laude with a B.A. in Business and Economics.

Rogers has been a Colorado Springs resident for 37 years and, along with being a former Head Tennis Professional at the Garden of the Gods Club, brings extensive banking, finance and real estate experience to the team at Platinum Group.

The Platinum Group, Realtors Inc. specializes in residential real estate throughout the Pikes Peak region, and is ranked as the #1 Independent Real Estate Firm in Colorado Springs. For more information on The Platinum Group, visit their website www.platinumhomesales.com. 

DON’T CONFUSE NO-COST WITH NO-CASH “No-cost” means either that there is no charge, or that the charge is paid by the lender with the lender’s own funds. “Nocash” means that the borrower has no out-of-pocket payment to make at closing. However, there may nonetheless be a charge due at closing that will be paid by the borrower with funds borrowed from the lender. In such case, while there is no out-of-pocket payment, the loan balance at closing will be larger by the amount of the charge.

Confusing no-cash with no-cost is one of the worst mistakes a borrower can make, and it happens often, especially on refinances. Borrowers who are refinancing are often unsure exactly what their old loan balance is, and may not notice that the new balance includes a fee paid to a third party involved in the transaction.

WHICH COSTS ARE COVERED? All charges that are ordinarily paid directly to lenders, such as points, origination fees, lock fees, and application fees are covered by the no-cost provision. The same is true of charges paid to third parties for services required by the lender, such as title insurance (lender policy), flood insurance, appraisal, credit report, and legal services. One possible exception is per diem interest, which is the interest charge between the closing date and the first day of the following month.

Charges that are viewed as the responsibility of the borrower, even though the lender may require them, might or might not be covered by the no-cost provision. These include: Escrows for taxes and insurance, which are borrower funds set aside to assure payment of the borrower’s future obligations.

Homeowners’ insurance.

Owner’s title insurance.

Transfer taxes charged by governmental entities. These vary from one governmental jurisdiction to another, and are the least likely to be covered.

SHOPPING FOR A NO-COST LOAN One shopping strategy is to compare NCLs offered by lenders who merchandise them. To do this successfully, you need three pieces of information from each such lender.

Settlement costs that are not covered by the no-cost provision.

The interest rate on your preferred loan.

Available validation of the rate on the lock date.

The last item deals with the problem, which I have discussed in previous articles, that some lenders lowball the rates they quote to snare deals, then raise them when they lock and it is too late for the borrower to bail out. The rate they quote should be the rate at which they would lock if all the processing had been completed. Perhaps the best way for a lender to validate the accuracy of a price quote is to provide the borrower with access to the pricing system used by the firm’s loan officers.

ROLLING YOUR OWN NO-COST MORTGAGE NCMs are available from any lender, whether they merchandise them as such or not. For example, all the lenders who price their mortgages on my site will allow borrowers to fashion a NCM. Every lender develops a pricing matrix of interest rates and points on every product. Points are upfront payments expressed as a percent of the loan amount. At higher interest rates, points become negative, meaning that the lender pays the borrower rather than the reverse, and are referred to as “rebates.” Since lenders use rebates to pay borrower settlement costs, rebates are what make NCMs possible.

The challenge is to find the interest rate that carries a rebate just large enough to cover all the settlement costs of the transaction. If the rebate isn’t quite large enough, some costs will have to be paid by the borrower, but if the rebate is too large, the borrower will lose the excess.

Rebates cannot be withdrawn in cash or used for the down payment. In general, it is better to have a rebate that is not quite large enough than one that is larger than needed. Jack Guttentag is professor emeritus of finance at the Wharton School of the University of Pennsylvania.

Comments and questions can be left at www.mtgprofessor.com.

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The Gazette · springshouses.com

Sunday, Sep 14, 2014

Featured Houses

More Open Houses

Featured Home of the Week

Open House of the Week

Classic Homes in The Village of Verona 1908 Turnbull Drive | $646,096 - Available Now! Neighborhood: Flying Horse Driving Directions: I-25 to Northgate Blvd Exit #156; East on Northgate; Right on Silverton Rd; Right on Silver Rose Dr; Left on Turnbull; 1908 Turnbull Drive is on the left corner!

Agent/Company: Classic Homes, 719-495-7297, flyinghorse@classichomes.com The 4,614 Stratford Model home is a rancher located on 16,590 sq. ft. lot is fully landscaped and has stucco & stone exterior, a welcoming front porch, and an expanded 10x19 deck off the nook. It offers 5 bedrooms, 4 baths, and 3-car garage with service door. Kitchen includes large island with pendant lights, canned lighting, upgraded cabinets with undercabinet lights, upgraded granite countertops with tile backsplash, stainless steel undermount sink, and stainless steel appliances. Custom drapes and rods come with this builder model home!

And, Social Fitness Membership in The Club at Flying Horse is also included!

Price is Drastically Reduced 3677 Pronghorn Meadows | $309,900 Hours: 12 – 3 p.m. Saturday, September 13 and Sunday, September 14 Neighborhood: Powers Driving Directions: From Powers go East on N. Carefree, North on Antelope Ridge, West (left) on Pronghorn Meadows.

Agent/Company: Mark Davis, 719-388-3030, Keller Williams Partners Seller will consider all offers. Special $4,000 incentive just for attending open house. This home must sell this weekend. 5 beds, 3 bath, 3479 sf, 3 car garage, Pikes Peak view, Archways throughout.

Featured Home of the Week Classic Homes in Mountain Shadows 2510 Tamora Way | $549,900 Neighborhood: Mountain Shadows Driving Directions: From I-25, exit #149 at Woodmen Road follow west as it turns into W. Rockrimmon Blvd.

Right (west) onto Vindicator Dr. Follow that across Centennial Blvd. and it turns into Flying W Ranch Road.

Right at Wilson Rd. Left at Tamora Way. Agent/Company: Classic Homes, 719-492-2823, mountainshadows@classichomes.com In a prime west side location, Classic’s new “Ashton” ranch plan is over 4,500 sq. ft. and sits 23,825 sq. ft. home site! It features 3 bedrooms plus a study, 3.5 baths and 3 car garage. Gorgeous hickory hardwood floors, stucco & stone exterior and covered rear patio! This spacious home offers a finished basement with 1’ taller ceilings, Jack & Jill lower level bathroom. Stunning views will be sure to please!

Featured Home of the Week Classic Homes in The Village of Siena 13066 Cupcake Heights | $437,156 Neighborhood: Flying Horse Driving Directions: I-25 to Interquest Exit 153; East on Interquest to Flying Horse Club Dr; West on Flying Horse Club Drive to first round-about, right on Barossa Valley; Left on Sea Smoke Circle (turns into Cupcake Heights). 13066 Cupcake Heights is on the right!

Agent/Company: Classic Homes, 719-495-7297, flyinghorse@classichomes.com Located just east of The Club at Flying Horse, the “Landau” Model Home is now available for leaseback! The home is a 3,195 sq. ft. ranch-style patio home featuring 4 bedrooms, 3 baths, and 2-car garage. It has stucco & stone exterior, covered expanded deck, and is fully landscaped with sprinkler system and all landscape maintenance is included! This spacious patio home offers a finished basement with 1’ taller ceilings, fireplace, and wet bar rough-in plumbing. All new Classic Homes in Flying Horse include Social Fitness Membership in The Club at Flying Horse!

More Open Houses Open House of the Week Prepare to be amazed! Motor Home Storage & Horse Property too!

17935 Roller Coaster Rd. | $ 530,000

Hours: 1 – 4 p.m. Saturday, September 13 and Sunday, September 14 Neighborhood: Monument Driving Directions: I-25 to Monument Exit, go east on Hwy 105 to Roller Coaster Rd. South on Roller Coaster to rod iron gate on east side.

Agent/Company: Susan Schooler, 719-339-1731, Big Star Realty Truly a unique 5 acre treed property. Exquisitely maintained inside and out. Enter through an electric gate into a paradise of lush green grass and huge evergreens. The home offers 5 beds & 4 baths. The kitchen has been updated with new granite and tile.

Gorgeous hardwood floors in the very large living and dining rooms. Lose yourself in the expansive master with a sitting area and large walk-in closet. One of the upper bedrooms is a guest suite with its own sleeping area as well as sitting area which looks out into the massive ponderosa pines and golf-like lawn. There is an attached 2-car oversized attached garage, a 2-car oversized detached garage with workshop and another 30x60 heated garage with a concrete floor large enough for your motorhome and boat.

Featured Open House of the Week TAKE $10,000 OFF LISTED PRICE! LIMITED TIME ONLY! 12365 Black Hills Drive | $ 524,900

Neighborhood: The Estates at Meridian Ranch Agent/Company: Jene Bullock, 719-963-7983, Majestic Custom Homes Open House: September 13 & 14, 12pm-5pm Driving Directions: From Powers, take Woodmen Rd. east to Meridian Rd. Go north on Meridian to Rex Rd. and turn right, go to Mt. Gateway and turn left, then right on Black Hills Dr. Follow signs to Open House.

Will consider all reasonable offers! Estimated 6 week quick completion on this new construction home! Enjoy main level living in this open-concept ranch plan by award winning custom builder. 4,694 sq. ft., 5 br or 4+study, 3.5 ba, oversized 1.3 ac lot, 6 car garage, and huge FINISHED BASEMENT. Amazing features included throughout! Builder also offering $10,000 OFF on any home (new contracts only). Come see us today! *References to square footage are approximate. Price, features and incentives subject to change without notice or obligation. This ad is for informational purposes only and is not part of any contract or offer to sell.

Open House of the Week

New Home At Mackenzie Place Active Adult Campus 2836 Elm Meadow View | $326,155

Neighborhood: Mackenzie Place Driving Directions: North on union on the Southwest corner of Fillmore and Union Agent/Company: Mark Brantley, 719-963-5427, Triton Communities Open House: Tuesday – Saturday, 10am – 5pm

Cottage home with loft plan has main floor living, 3 bedrooms, 2½ baths, and attached 2-car attached garage. Inviting kitchen is finished with 36” Maple cabinets, Granite kitchen countertops, tile backsplash, and GE microwave, dishwasher & smooth cook top range. Vaulted ceilings and Optional gas fireplace in the Grand Room. A spacious master bedroom with coffered ceiling, walk-in closet and private master bath with double sinks, and a walk-in shower w/bench. Laundry room is conveniently located in the owner’s entry next to the garage, and the second bedroom has a nearby bath. Covered front porch and covered patio provide the perfect place to enjoy spectacular Colorado evenings.

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PETacular is the passionate pet lover’s directory & quarterly magazine featuring info on local businesses, services, products and education about PETS!

gazette.com/pets

Open Sunday, Sept. 14, 1pm-5pm Northeast

OPEN SUNDAY SEPT. 14, 1 PM - 3 PM

2231 Wood Ave • $385,000

One of a kind, 5/4/2 completely renovated Mid-Century Modern home in the Old North End! All of life’s modern conveniences located in a historical neighborhood within walking distance to Penrose Main Hospital, Colorado College and downtown Colorado Springs..Main level living with a fully finished basement. A rare find in the neighborhood. A Must See!!!

Hosted by Sheila Polkow 719-433-4440 FAL

4470 Hammer Ranch Road • $439,900 Open Sunday September 14, 1-4PM

Great home with 360 degree views on 35 acres 20 min from Colorado Springs!

This 5 bed/4 ba home with over 3700 SF boasts awesome views, gourmet kitchen w/all stainless appliances, large pantry, separate dining, loft area, hearth room with walk-out to back patio with outside fireplace perfect for entertaining! Master Suite w/5-piece bath, large front porch to enjoy the views. The perfect mini ranch w/outbuildings - you will never want to leave!

Alan Wilaby at 719-338-1100

OPEN SUNDAY 1:00 - 4:00

845 E. Willamette Ave. $219,500

Truly Charming Victorian. Wood Floors, Updated Kitchen & Bath, Wonderful Gardens & Patio. 3BR, 1BA, 2Car

Cindy O’Leary 719-322-8133

TRI

1052 Summer Springs View $575,000 Call For Private Showing Broadmoor Resort Community “walkout” ranch townhome at base of Cheyenne Mt. with “views”. Backs to woods & small stream w open spaces & trails! Beautiful interior design! Vaulted & 9 ft ceilings, 2 gas stone fireplaces, 2 master bedrooms, room for 3rd bdrm! Study/den, 3600 sq ft, big utility rm, oversized 2 car garage!

FSBO 817-343-4290 Open Sunday, Sept. 14, 2-4pm

1256 Paula Circle • $175,000 OPEN SUN., SEPT 14 - 1-4PM

IMMACULATE “MONUMENT VILLAS” PATIO HOME!

2BR/2BA/1CAR/Approx. 1,100 Sq Ft * Light, bright, open & airy * 2 story ceiling w/clear story window * Spacious kitchen * Skylight * Nice master suite * Covered front porch * Clubhouse * Maintenance free living in wonderful inviting community!

Megan Rogers 719-766-2445

4330 Reginold Court • $498,000

Stunning D-12 Custom Home with Main Level Living!

3 Bed/4 Bath/2 Car. Exquisite home nestled at the base of Cheyenne Mtn with 3 luxurious master suites, soaring cathedral ceilings, walls of windows, warm hardwood floors, and multiple decks/patios!

Virtual Tour: www.4330Reginold.com

Scott Huger 719-659-2630

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5013 Crestwood Dr. $185,000

Complete Remodel. All New Carpet, Paint, Appliances

4BD/2Ba Incredible find in Vista Grande. Completely remodeled from top to bottom including new crpt, paint, all new S/S appliances. Even the 6 panel doors and brushed nickel hardware is new. All new bathrooms w/tile floors and shower. This home is completely move in ready with 4 bedrooms and a giant bkyd.

Extremely private with open space to the west. Close to everything.

You will not be disappointed. This home will not last long!

Bryan Vail 719-330-8010

1818 Queens Canyon Ct. $389,000

OPEN HOUSE SUN SEPT 14 2:00 - 4:00 D-20 Northgate Beautiful Living

Spacious 5 bed / 4 bath / 3 car garage. Open floor plan custom kitchen. Landscape corner lot. Multiple living areas.

Dale Mueller Smith 719-359-7787

Nicholas Scott Real Estate

Bev Giltner

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16332 Timber Meadow Drive • $540,000

4400 SF WALKOUT RANCH IN SETTLERS RANCH 5 BR, 4 BA, 3-CAR OVERSIZED FINISHED GAR. 10’ and 9’ CEILINGS AT MAIN & LOWER WALKOUT, ISLAND KITCHEN NOOK PLUS OPEN FORMAL DINING TRAVERTINE/GRANITE MOST FINISHES WIDE PLANK OAK FLOORING, HAND TEXTURED WALLS MASTER PLUS SECONDARY BRS ON MAIN COVERED FRONT PORCH, COVERED DECK WALKOUT FEATURES 2 REC AREAS, WET BAR, 3 BR’s + FULL BATH 2.5 ACRES WITH VIEWS OF FRONT RANGE Directions: Take CO-83 to Walden Way. Take right Walden turns into Timber Meadow Dr.

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The Gazette · springshouses.com

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Colorado Springs Premier Custom Builder

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• We’ll build on any lot anywhere • No one tops our luxury but we compete with anybody on price • Luxurious custom home builders

Custom Homes From The $400,000s • Parade home winners since 2006 and 2014 People’s Choice Award

719.598.8900

Colorado Springs

www.copperleafhomes.com

24

85 87

ST.

BL UF

FS P

CIM

2

MARKSHEFFEL RD.

1FILLMORE ST.

NEVADA AVE.

GARDEN OF THE GODS RD.

(For Gate Access)

24

WOODMEN RD.

POWERS BLVD.

15

Mike Woelke 719.623.2669

5 3

8

24

3310 Mesa Road

ER

Air Force Academy

Manitou Springs

Gated Westside Neighborhoods

MERIDIAN RD.

25

83

powered by 1

BLACK FOREST RD.

ROLLER COASTER RD.

HODGEN RD.

Sunday, Sep 14, 2014

2

PLATTE AVE.

• Custom & Semi-Custom Homes • Any location, style, size, or price • Building custom homes for the most satisfied clientele in the Pikes Peak region – Find out why!

AIRPORT RD. ACADEMY BLVD.

CIRCLE DRIVE

25

94

Award Winning Custom Homes • Visit us in the Lodge at Cathedral Pines - 13977 Milam Road • Saturday through Wednesday 10-5 (12-5 on Sunday) • www.Alliancebuilders.com

DRENNAN RD. ST. AS EG

SV LA

719.495-4408

Security

11 FONTAINE BLVD.

6

Widefield

Our Model the Austin- This cozy 2 story home has everything most desire! The Great Room boasts a gas fireplace and it is open to the dining and Kitchen area. Generous Kitchen space has granite slab counters, stainless steel appliances, pantry, and extended hardwood flooring. Walk Out on to your patio from the Kitchen and Master Suite. Master Suite

MESA RIDGE PKWY

115

Vanguard’s Model Home Available for Quick Move In!

85 87

7

SQUIRREL CREEK RD.

Fountain

1585 Gold Hill Mesa Drive $359,988 Open Sat. & Sun 1-4 Kelly Price 719.650.1778

5

Quality and Affordable Custom Homes

Fort Carson

10851 Glen Canyon Drive Model Open Mon-Sat 10-5, Sun 12-4 or by appointment

UEBLO

OLD P

Winner 2013 People’s Choice (Parade of Homes)

RD.

25

115

boasts a plush 5 piece Master Bath and spacious walkin closet. A powder room and laundry complete the Main Level. The upper level enjoys 2 large bedrooms, a full bath, and a cozy loft which overlooks the Great Room!

A full unfinished lower level has 9’ ceilings for room to grow! Our model home Available NOW in the desirable Gold Hill Mesa Community! Don’t Miss Out!

www.gjgardnerfalcon.com

719.495.8800

HANOVER RD.

13

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Desirable Wolf Ranch 3BR, 2½ Bath, 2 Car Garage $187,000 - $229,900

Landscaped & Fncd Yard

5

10888 Mt Evans Drive Model Open Mon-Sat 10-5, Sun 12-4 or by appointment

The Village at Falcon • $225,000 - $300,000

New Townhomes in District 20

11405 Neutra Grove 6 New Homes Plans Brand New Neighborhood Jim Stiltner 719.964.3526

upper level. 1930 finished sq. ft. Over 1,000 sq. ft. unfinished basement.

Granite in the kitchen, GE Appliances including washer, dryer and refrigerator.

Also, miniblinds, fenced back yard and landscaped front yards.

Winner 2013 People’s Choice (Parade of Homes) www.gjgardnerfalcon.com

More New Homes in the Pikes Peak Region 4

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Wolf Ranch – Richmond American Homes From the upper $200s 5766 Paladin Place 719.282.3783 - www.RichmondAmerican.com

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Banning Lewis Ranch – Richmond American Homes From the mid $200s 7092 Mountain Spruce Drive 719.573-7950 - www.RichmondAmerican.com

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Banning Lewis Ranch – Oakwood Homes From the mid $200s 8244 Cypress Wood Drive 719.380.5082 - 1-6pm Mon, 10-6pm Tues-Sun

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Banning Lewis Ranch – Oakwood Homes From the mid $200s 7119 Snowbell Lane 719.380.5082 - 1-6pm Mon, 10-6pm Tues-Sun

Quality and Affordable Custom Homes

The Harbor is an impressive two-story stucco home with a main level master and two bedrooms plus a loft on the

8989 Meadow Rose View • Award Winning Builder East on Research past Powers, • 3 Floor Plans including left on Grand Cordera Parkway Main Level Master Sales Office on your left • JMWestonhomes.com 719-571-9737

719.495.8800

Meridian Ranch – Richmond American Homes From the $200s 10258 Mt. Lincoln Drive, Peyton 719.494.0182 - www.RichmondAmerican.com

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• We have 1/3 to 1 acre lots available • Award winning designs • Homes starting at $325,000

Quality and Affordable Custom Homes

Lorson Ranch – Richmond American Homes From the mid $200s 6518 Alliance Loop 719.573.7950 - www.RichmondAmerican.com Cumberland Green in Fountain – Oakwood Homes From the low $200s 9375 Castle Oaks Drive, Fountain, CO 80817 719.719.382.9799 - 1-6pm Mon, 10-6pm Tues-Sun

• We have 1/3 to 1 acre lots available • Award winning designs • Homes starting at $325,000

17215 Papago Way MLS# 2997017 $449,000 Model Open Saturday 1-3PM

Winner 2013 People’s Choice (Parade of Homes) www.gjgardnerfalcon.com

• 6 bed, 4 bath, 3 car garage • 5 acre horse property

719.495.8800

To Feature Your New Home Inventory on this Map Call 476-1642