Real Estate 10/05/14 by Colorado Springs Gazette, LLC

RealEstate

Sunday, October 5, 2014

Outstanding Properties in Great Neighborhoods! L IA VE C E TI SP EN C IN

KISSING CAMELS

$825,000 3290 Kissing Camels Drive Beautiful golf course rancher, 3 bdrms + office on the main level, updated, lower level bonus room, great outdoor space.

OLD BROADMOOR

18 Second Street $850,000 One level living in Old Broadmoor with three bedroom and study on the main level. Wonderful fenced yard on .59 acres.

AL CI IVE E T SP EN C IN

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KISSING CAMELS - THE GREENS

4215 Reserve Point $895,000 Overlooking 5th fairway, this 4 bdrm home features main level master + study, 2nd master on lower level and amazing views.

WOODLAND PARK - PARADISE ESTATES

1030 Regal Way $879,000 Builderâ&#x20AC;&#x2122;s personal residence, custom finishes, option for one level living, 4 car garage, 2 bdrms and office on the main level.

KISSING CAMELS - THE GREENS

3790 Hill Circle $899,000 Custom golf course residence, 2 bdrms, 3 baths, 3 car garage, unfinished basement, to be built by Creekstone Homes.

KISSING CAMELS - THE GREENS

3776 Hill Circle $975,000 New Const. Model on golf course, one level living option, 2 main level masters, views, Seller Offering HUGE Incentive!

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OPEN SUN, BROADMOOR

17 Sequoyah Road $995,000 Wonderful 5 bdrm home, main level office, gourmet kitchen, 4-car garage, private and fenced backyard, close to schools.

KISSING CAMELS - THE GREENS

3836 Hill Circle $1,050,000 Beautiful 5 bdrm golf course residence with 2 main level masters, gourmet kitchen, tons of storage, wonderful views.

PINECREST @ PINE CREEK

9830 Highland Glen Place $1,295,000 This 5 bdrm golf course home features master, 2nd bdrm and study on the main level, gourmet kitchen, 4 car garage, views.

10/5, 12:00 - 2:00

PINECREST @ PINE CREEK

$1,000,000 9970 Highland Glen Place Gorgeous Pinecrest custom home with 6 bdrms, great outdoor areas, 4 car garage, golf course and Pikes Peak views.

DOWNTOWN COLORADO SPRINGS

101 N. Tejon Street, #450 $1,100,000 3 bdrms + study, Penthouse, custom throughout, 2,600 sf loft, roof top patio, walk to dinner / shows, incredible views.

KISSING CAMELS

$1,495,000 3850 Camels View 6 bdrm golf course residence, endless luxury features, home theater and breathtaking views. Seller Says Bring Offer!

SALE PENDING KISSING CAMELS

3695 Hill Circle $1,850,000 This golf course residence built in 2011, shows like a model w/main level living, exacting finishes, spectacular views.

OLD BROADMOOR

121 Marland Road South $2,195,000 This unique gated estate is located on 3.31 acres of absolute privacy with 360 degree views of the city and mountains.

See Every Home for Sale at PattersonGrp.com

KISSING CAMELS - THE GREENS

$1,025,000 4170 Reserve Point This beautifully finished 4 bedroom, 5 bath home backs to the Kissing Camels golf course and offers sweeping views.

KISSING CAMELS

5031 Lyda Lane $1,100,000 This one level golf course residence was totally remodeled and offers all the luxuries plus picturesque mountain views.

OLD NORTH END

1430 N. Cascade Avenue $1,499,000 Elegant 4 bedroom, 4 bath home with private beautifully landscaped grounds located in the Historic Old North End.

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The Gazette · springshouses.com

Sunday, Oct 5, 2014

For helpful info, ask the neighbors BY ALLEN NORWOOD THE CHARLOTTE OBSERVER

If you’re considering whether to buy a particular house, remember this: Some questions are better directed at neighbors than at real estate pros if you want an unfiltered answer. That thought came to mind after I heard from real estate agent Julie after a recent column, in which I reflected on the questions I’ve fielded from prospective buyers looking at homes for sale on our street. Tuggle’s firm, which represents buyers, provides a list of questions to help buyers query neighbors. The list is helpful. It’s interesting for what’s on it — and what’s missing. There are 19 questions. Five — more than a quarter of them — are about noise. No. 3 is, “Does peace and quiet prevail?” That’s followed by questions about barking dogs, loud music, unruly parties and the roar of jets overhead. Indeed, Tuggle said, noise might come up more than any other topic. One of the questions that is certain to come up is missing from the list. Nowhere among the 19 is a question about children on the street. “We hear, ‘Are there a lot of kids in the neighborhood?’” Tuggle said. “But that gets into an area where we can’t go.” I do. When folks ask, I say there are three kids in that house and two in that one. Nice kids. We’ve

enjoyed them. There is a question about schools. Real estate agents can be leery of questions about schools. Many of those questions evolve into issues of race or national origin, or underperforming schools, which explains their reluctance. Tuggle said some listing agents even leave the school field blank on the MLS form. When that happens, prospective buyers have to track that down themselves. Moving on, you should ask about recent major repairs to the house you’re considering, especially to the roof. As I said, you should ask if the house floods. That’s a good one because it might be the only house on the street that floods, and neighbors will know. There’s a question on the list about difficulty with neighbors. I’m not sure about that one. You could be talking to the difficult neighbor. I’ve written that it’s a good idea to cruise through the community you’re considering on a sunny Saturday morning. That will give you a good idea about who lives there and how they get along. Tuggle agrees. If it’s like our street, you won’t have any trouble engaging friendly neighbors — but you might have trouble getting away. 

THE MORTGAGE PROFESSOR:

Instead of scraping them, use Fannie and Freddie to make a better primary market

BY JACK GUTTENTAGTHE MORTGAGE PROFESSOR

The phase-out of Fannie Mae and Freddie Mac, which have now been in conservatorship for six years, is on indefinite hold. Terminating them without an effective replacement would devastate the market, and no effective replacement is in sight. The one proposed by the Senate Banking Committee, which I looked at last April, would not do it. It is time to rethink the premise.

WHY ARE WE DETERMINED TO AX THE AGENCIES?

Fannie and Freddie over the years have accumulated enormous intellectual capital that is embedded in well-honed secondary market systems and processes. Scraping the agencies would destroy much or all of this capital — to what end? True, their structures of governance, combining private shareholding with politicallydetermined operating targets, were unsound, but that can be fixed. In conservatorship they are entirely under government control, and they could remain so as Federal agencies. The true motivation for axing the agencies seems to be the need for political catharsis. When Congress

refuses to provide an agency with the tools it needs to meet its objectives, or imposes conflicting objectives, and failure results, Congress needs to ax the agency. It did that to the Federal Home Loan Bank System, which was tarred by the savings and loan crisis that the System was powerless to prevent. That agency could be terminated because its functions could be shifted to other agencies, but Congress has not been able to terminate Fannie and Freddie without assuming responsibility for a market collapse. Hopefully, the passage of time is moderating the urge.

THE CASE FOR RETAINING FANNIE AND FREDDIE

The case for retaining the agencies goes beyond their role in maintaining secondary markets. That role positions them to make substantial improvements in the primary market. The potential has always been there, but lender organizations have been adamantly opposed to any intrusion by the agencies into what the lenders view as their turf. Much of this opposition is based on a fear that the agencies

will lend directly to borrowers, which I agree would be a terrible idea. None of the proposals made below involve direct lending by the agencies. The existing primary market works poorly for borrowers. They often make bad decisions because of the complexity of the instrument and the process, and the lack of reliable and disinterested support. They often do not get the best deal available in the market because shopping effectively is so difficult. The settlement costs they must pay are excessively high because of perverse market incentives. Fannie and Freddie could deal effectively with all of these problems.

WHY NOT THE CONSUMER FINANCIAL PROTECTION BUREAU (CFPB)?

It might appear that if any Federal agency is entrusted with responsibility to improve the primary mortgage market, it ought to be CFPB, because that agency is almost entirely focused on consumers in primary markets. However, it is already evident from

its history to date that CFPB sees its mission as protecting borrowers by enforcing existing laws, and has no interest in making markets work better. A good illustration is the work that CFPB did in revamping the mortgage disclosure documents, responsibility for which it took over from the Federal Reserve and HUD. The new disclosures are clearly better, in both clarity and aesthetics, yet they don’t help borrowers shop for the best price, or protect them from unwarranted changes in price during the processing period, any better than the disclosures they replaced. When I pointed this out to CFPB, it was clear that the message was not one they cared to hear.

HOW FANNIE AND FREDDIE COULD IMPROVE THE MARKET

The core of the initiative would be an internet-based network on which certified lenders post their underwriting requirements and prices, where borrowers can go to obtain mortgages. Borrowers are benefitted by the information available to them on the network, and by the certification requirements imposed on participating

lenders by the agency. Both Fannie and Freddie would have networks and would compete to see which could draw the most borrowers. Here is a partial list of network features of value to borrowers. An easy way of determining whether the borrower qualifies, and if not, what is required. An easy way to determine which type of mortgage would cost the least over the borrower’s expected period in the house. An easy way to find the lender offering the best deal on the preferred mortgage, and to monitor that lender’s price until it is locked. Acceptance by all network lenders of one appraisal ordered by the borrower from an appraiser certified by the agency. Elimination of third party settlement costs, with all necessary costs embedded in the interest rate and lender fees.  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.

Murdoch’s News Corp. to buy parent of Realtor.com for $950 million BY TIM LOGANLOS ANGELES TIMES

Rupert Murdoch is moving into the online real estate business. Murdoch’s News Corp. announced a deal Tuesday to buy Move Inc., operator of Realtor.com, the nation’s third-largest real estate listings website, for $950 million. The purchase, expected to close by the end of the year, would put the parent company of the Wall Street Journal in direct competition with online listing giants Zillow and Trulia, rivals

who themselves announced a merger agreement in July. News Corp. has been working to diversify beyond its core business of print newspapers, such as the Wall Street Journal and New York Post. This deal would give it a piece of the fast-growing online real estate advertising industry. Real estate ads are a $14 billion-a-year business, and dollars have been flowing fast from print publications to online and

mobile platforms that provide searchable, mappable, real-time listings. “This acquisition will accelerate News Corp.’s digital and global expansion and contribute to the transformation of our company, making online real estate a powerful pillar of our portfolio,” said the company’s chief executive, Robert Thomson. Right now, though, the firm News Corp. is acquiring sits in third place in a

fast-consolidating industry. Realtor.com is affiliated with the National Association of Realtors and most of the nation’s multiple listing services, but draws fewer unique monthly visitors than either Zillow or Trulia. Those two companies in July announced a $3.5-billion merger, which is currently being reviewed by antitrust regulators. Executives at Move and News Corp. said their combo would beef up the site’s

software and subscription operations and its visibility, while bringing News Corp. a new, high-traffic platform on which to advertise its media properties. “We certainly expect this deal to amount to far more than the sum of the parts,” Thomson said. Shares of News Corp. were down a bit in early trading Tuesday, while Move Inc. stock climbed sharply on news of the deal. 

Sunday, Oct 5, 2014

The Gazette · springshouses.com

SH 3

Debt consolidation mortgage gets an update POLYANA DA COSTABANKRATE.COM

You may be tempted to consolidate your credit card and other high-interest debt into a mortgage with much lower payments. The offers are widespread. But is this a wise financial decision? Today’s debt consolidation mortgages are more conservative than those seen during the housing boom, when lenders allowed homeowners to refinance and cash out as much as 110 percent of the value of their homes. Lenders now require the homeowner to keep at least 15 percent to 20 percent equity after cashing out.

WHAT DEBT CONSOLIDATION MORTGAGES ARE FOR

Those with enough equity in their homes have been able to substantially reduce the monthly payments on credit card debt, student loans and personal loans, says Michael Moskowitz, president of Equity Now, a mortgage bank in New York City. “I wouldn’t recommend it to someone who is going to run up their credit cards again,” he says. “If that’s the case, you need financial counseling, but for people who will not do that — who had

medical expenses, business expenses and ran up their credit cards — a debt consolidation mortgage is a good solution.” He cites the case of a client who had a mortgage-free investment house and more than $75,000 in credit card debt. The homeowner had used credit cards to pay for repairs after the home was damaged by Superstorm Sandy. After cashing out about $175,000 of the equity, he paid off the credit cards, kept the extra money and his monthly payments were reduced by about $1,700.

GET ONE ONLY IF YOU REALLY NEED IT

Think of the equity in your home as a sacred savings account: You can tap into it but only when truly needed, says Rick Harper, director of housing and senior vice president for the Consumer Credit Counseling Service of San Francisco. “Depending on the circumstances, (use equity) for big-ticket items such as tuition, a sudden illness that devastates the budget, sometimes even the

purchase of an automobile when you have thought things through and you have compared that financing cost to what might be available,” he says. “But don’t run out and use it for credit cards for vacations, for frivolous things because it is not an unlimited source, as we saw when the market turned.”

FIX BUDGET ERRORS THAT THE LOAN ADDRESSES

The main concern with using equity to pay off credit cards is that often, it is a temporary solution to a much bigger problem. “The real issue behind the credit card debt is that they may need to create a better spending plan for the family,” Harper says. “And if you haven’t addressed that deficit or the reason that credit card debt continues to grow, then you are going to find yourself right back in that situation again and there may be no equity at that point.”

REQUIREMENTS ARE SIMILAR TO A REGULAR REFI

The requirements to get a debt consolidation mortgage, or cash-out

refinance, are not much different from those to get a standard mortgage — except for the minimum equity requirement, says Bill Banfield, a vice president for Quicken Loans. If you are trying to get the maximum loan amount, which is generally 85 percent of the value of the home, you should expect to need a credit score of at least 700, he says. But if your current mortgage and the amount you plan to borrow totals less than 80 percent of the value of the home, then the credit requirements are fairly similar to when buying a home, he adds.

TOO MUCH DEBT CAN SINK THIS TYPE OF LOAN

Too much credit card debt can get in the way of a homeowner trying to qualify for a cash-out refinance because they don’t meet the lender’s debt-to-income ratio requirement, or DTI. In other words, their monthly debt expenses are too high compared with their income. But in some cases, it’s possible to qualify for a debt consolidation mortgage by excluding the credit card debt from the

DTI, as long as the homeowner agrees to pay off and close the accounts at closing, says Matt Hackett, operations manager for Equity Now.

DON’T FALL INTO ANOTHER DEBT TRAP

Depending on the amount of credit you have available, closing credit card accounts can affect your credit score, Hackett explains. But on the other hand, having maxed out the limit on your credit cards also hurts your score. This lending requirement is somewhat useless when it comes to preventing the borrower from getting into debt again because obviously it doesn’t stop the homeowner from opening new credit card accounts right after closing, Harper says. That’s why the responsibility of not falling into the debt trap a second time lies in the hands of the homeowner. “Be very responsible and diligent,” Harper advises. “Talk to a credit counselor or someone you trust about whether or not this is a good decision. 

7 ingredients make a home irresistible to buyers BY MARY UMBERGERCHICAGO TRIBUNE

It’s an age-old real estate scenario: Buyers walk through a home for sale, and shrug. There’s nothing wrong with the house, really, they tell the agent. It’s just that the house lacks a certain, indefinable “something.” Mary Cook has heard it before, many times — mostly from homebuilders who have called her in to put her finger on what’s keeping people from buying their homes. Cook lives at the intersection of design and marketing. Her Chicagobased interior design firm, Mary Cook Associates, outfits 75 to 80 model rooms a year for homebuilders around the country. Beyond merely looking good, the design plans for all those models share a single goal: to make consumers want to buy the homes because, for lack of a more concrete term, they feel right. After nearly three decades in the business, Cook has firm ideas about what it takes to get there. She recently wrote a lavishly illustrated book that elaborates

on seven principles she considers the ingredients for good design. “The Art of Space” isn’t a “get it sold”/ home staging guide. It’s her philosophy about what it takes to make a space look good for any purpose. Nonetheless, Cook honed those principles while working for homebuilders who are trying to please customers, and she said in an interview that the seven ingredients also can be helpful to anybody with a “for sale” sign in the yard. After all, they have customers to please. The book grew out of that “fix it” period that mushroomed into a business subspecialty during the recession, Cook said. “Eighty percent of our business for more than two years was being called in to fix things that somebody else had finished,” Cook said. “The builder (or property owner) would say, ‘There’s something missing — our customers can’t relate to the space.’ They couldn’t articulate what was wrong, but they knew

something was amiss and they were coming to me to fix it.” Define your market. After about the 20th redo, Cook realized the rescues boiled down to analyzing and recasting seven aspects of the design, every time — such things as getting color, lighting and texture right. Also crucial is defining function — a dining room should look like a dining room, for most buyers. But first, she said, figure out your objective. “You have to decide who you’re designing for,” she said. In real estate terms, that means looking at neighborhood demographics to gauge who’s most likely to buy, and emphasize how your house works for them. Maybe it’s a young couple just starting a family who want to know there’s going to be space for toys and trikes. Or emptynesters who may want less space and, certainly, less maintenance. Perhaps the most crucial of the seven

is to get the scale of the objects in a room right, she said. Many a time, Cook has seen skewed proportions in furnishings, art or ceiling heights drive an entire design scheme off the rails, she said. They’re easy to spot — the room may look crowded and cramped. At the other end of the unbalanced scale, it may look empty and feel vacant, she said. It plays out often in the twostory, open spaces that proliferated in homes built during the housing boom, Cook said: When the proportions in those rooms are wrong, they’re really wrong. Scale and proportion. Those big spaces call for big components, with an emphasis, again, on getting the proportion right, she said. “We often use overscale light fixtures in those spaces,” she said. “In almost every two-story family room, you’ll see a big light fixture. It helps to balance the space.” In a foyer with 20-foot ceilings that’s featured in the book, Cook said its

original spans of blank space towered over and intimidated visitors. She added wainscoting made from wooden trim pieces that rose about two-thirds of the way toward the ceiling, with a darker wall color above to add contrast. It got the big space under control, she said. And if such carpentry is beyond the average homeowner’s budget, a similar softening effect can come from painting the walls in contrasting colors, she said. The final element to warily tiptoe through is ornament, Cook said, though most any home stager would be more frank about it and call it clutter. “Your No. 1 objective should be to bring harmony to a room, and ornament will derail it faster than anything else,” Cook said. “Clutter dismantles proportion. It takes away from the visceral feeling, that harmony, that really hits people and makes them like a room. “Whatever you put into a room, there has to be a purpose.” 

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The Gazette · springshouses.com

Sunday, Oct 5, 2014

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4846 Preachers Hollow Trail • $332,000

OPEN SUNDAY OCT. 5, 1 PM - 3 PM

2231 Wood Ave • $599,000

4BR Rancher in Cordera for $332,000 - Really

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!!!

Guy Nanney 719-338-7305

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New price is a great opportunity to live in the beautiful Cordera neighborhood. Too good to be true? This 3,300 SF ranch style home with finished basement and 4 large bedrooms is an exceptional bargain. Formal dining area. Central Air, open floorplan, huge lower level rec area. Located on a quiet cul-de-sac close to schools, parks and the outstanding Cordera Community Center and Pool. Stainless kitchen appliances, 5 piece master bath, hardwood floors in kitchen and entry.

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Featured Houses Featured Home of the Week EAGLEPOINTE TOWNHOMES - NORTHWEST - $314,900 Eaglepointe Townhomes | $314,900 Neighborhood: Northwest Directions: Take I- 25 TO ROCKRIMMON BLVD, SOUTH ON DELMONICO, WEST ON Eagle Summit Pt. COME TO CLUBHOUSE! Agent/Company: Jack Mason, 719-491-5252, Mason Properties, Inc.

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3 bdrm, 3 bath, 2 car garage “NEW WILLOW” CONSTRUCTION JUST COMPLETED WITH OUTSTANDING VIEWS! RANCH WITH 10 FT. CEILINGS! MAIN LEVEL HAS 2 BEDROOMS, 2 FULL BATHS, HARDWOOD FLOORS IN KIT, DINING RM & LIVING RM (GAS FIREPLACE HERE)! Kitchen has eating counter, 42” cabinets & stainless steel appliances! WALKOUT BASEMENT HAS 9 FT CEILINGS, 3RD BEDROOM & BATH, AND 25X20 FAMILY RM, (ALL 9 FT CEILINGS) PLUS BIG STORAGE! 2 CAR GARAGE & A/C! 2954 SQ. FT. ENJOY CLUBHOUSE W MEETING ROOM, TV RM, KITCHEN, WORKOUT RM, POOL & HOT TUB!

More Open Houses Open House of the Week

Open House of the Week

Classic Homes in Meridian Ranch

10483 Mt Columbia Drive | $299,703

The Vail is a 3,430 sq. ft. 2-Story plan offering 4 bedrooms, 2.5 baths, 2-car garage, 10x18 deck off nook, and 10x10 patio off basement rec room. Hardwood floor on most of main level. Expanded kitchen includes built-in desk, designer uppers, slab granite countertops, and stainless steel appliances. Un-finished walk-out basement with 1-foot taller ceilings. 8,958 sq.ft. home site. MLS #6116805

10447 Mt Columbia Drive | $297,524

Hours: 1 – 3 p.m. Saturday, October 4 and Sunday, October 5 Neighborhood: Meridian Ranch Driving Directions: This home is sold from Classic’s model home. I-25, exit #149 at Woodmen. East on Woodmen, past Powers. North at light on Meridian Rd. East on Londonderry Dr. North on Rainbow Bridge Dr. East on Mt Columbia Dr. Right on Mt Lincoln Dr. and model is on the right. Agent/Company: Carolyn Crowley, Classic Homes 719-494-1101, www.classichomes.com The Capstone is a 3,010 sq. ft. 2-story plan offering 3 bedrooms, 2.5 baths, 2-car garage, 10x18 deck off dining, and 10x10 patio off basement rec room. Hardwood in entry, hallway, powder bath, family room, kitchen, and family dining. Expanded kitchen w/island, large pantry, canned lighting, upgraded cabinets, granite countertops, stainless steel appliances and undermount sink. Large master w/2 walk-in closets, oval soaking tub, shower w/seat, and dual sinks.

Open House of the Week

Maintenance Free Living

Classic Homes in Meridian Ranch

11425 Neutra Grove | $248,000

Hours: Mon. - Sat. 10 am to 6 pm, Sun. Noon - 6 pm Neighborhood: The Village at Falcon Driving Directions: East on Woodmen Rd., north on Golden Sage Rd., east on E. Woodmen Rd. (Frontage Rd.), north on Quandary Grove. Agent/Company: Robert Harasimowicz, 719-338-9089 robh12@masterbilt.com Please stop by our model home at 11405 Neutra Grove Highlights of this home include a low maintenance stucco exterior; granite countertops, full house blinds, microwave, refrigerator, washer, and dryer. The main level features a roomy master bedroom and flex room that can be used as home office. The finished lower level includes a rec room, two bedrooms, bath, and plenty of unfinished storage. Finished front yard landscape with fence, sprinkler system, and year round maintenance. MasterBilt.com

10465 Mt Columbia Drive | $314,819

Hours: 1 – 3 p.m. Saturday, October 4 and Sunday, October 5 Neighborhood: Meridian Ranch Driving Directions: This home is sold from Classic’s model home. I-25, exit #149 at Woodmen. East on Woodmen, past Powers. North at light on Meridian Rd. East on Londonderry Dr. North on Rainbow Bridge Dr. East on Mt Columbia Dr. Right on Mt Lincoln Dr. and model is on the right. Agent/Company: Carolyn Crowley, Classic Homes 719-494-1101, www.classichomes.com The Rosewood is a 3,188 sq. ft. ranch plan offering 4 bedrooms, 3 baths, 2-car garage, 10x16 deck off family room, and 10x10 patio off basement rec room. Hardwood in entry, hallway, family room, kitchen, and dining. Main level laundry. Designer upper cabinets, slab granite countertops, and stainless steel appliances. Finished walk-out basement with 1-foot taller ceilings. 9,412 sq.ft. home site. MLS #7890761

Open House of the Week

OVERLOOKING THE PINE CREEK GOLF COURSE

Custom home in the upscale neighborhood of Skyway Park Preserve

9970 Highland Glen Place | $1,000,000 Hours: 12:00 – 2:00 p.m., Sunday, October 5 Neighborhood: Pinecrest at Pine Creek Driving Directions: Take Briargate Parkway to Chapel Hills Drive and go north on Chapel Hill Drive, take a right on Promontory Peak Drive, right on Pine Springs Way and left on Highland Glen Place, home on left. Agent/Company: Kevin Patterson, 719.575.1200, The Patterson Group This beautiful home overlooks Pine Creek Golf Course and offers wonderful views of Pikes Peak and the Front Range. Just over 2 years old, 6 bedrooms with adjoining baths, multiple living areas, main level bedroom, main level music room or study with fireplace and walkout, formal living room and dining room, two family rooms, huge gourmet kitchen with all the luxuries plus 4+ car garage. The outdoor living areas provide something for everyone from a large backyard to private enclosed courtyard, balcony off upper level or deck with outdoor fireplace. PRICE JUST REDUCED $39,000!

Open House of the Week Featured Pine Creek Home 3241 Sand Flower Drive | $348,000

Hours: 12 – 4 p.m. Sunday, October 5 Neighborhood: Pine Creek Driving Directions: From Briargate Parkway, go north on Pine Manor, first right onto Stone Glen, right on Sand Flower, 7th house on the right. Agent/Company: Don Stark, 719-574-4633, ABC Realty

This lovely Pine creek home in a family-friendly neighborhood boasts 5BD, 3½ Baths & 3129 SF. All new kitchen with granite countertops and high-end appliances flows from the large family room & dining room. Walkout basement with rec room, mountain views, beautiful landscaping, 3-car garage with storage, short walk to Splash Park. D-20 Schools. Perfect for your growing family!

1274 Capricorn Court | $499,500 Hours: 1 – 4 p.m. Sunday, October 5 Neighborhood: Skyway Park Preserve Driving Directions: Minutes from downtown offices, restaurants and entertainment. Only 1.5 miles from the Broadmoor Hotel.

Custom home in the upscale neighborhood of Skyway Park Preserve. This nearly-new, one owner, move-in ready home features many sophisticated amenities including a gas fireplace, a very private master suite on the main level with spacious closet, double sink vanity, tile shower and separate jetted tub. You will marvel at the architectural detail in the oversized kitchen. With attention to detail and quality, this 4 bedroom, 3.5 bath home features 9-12 ft. ceilings, two heating units and two A/C units. This home consists of 15 rooms (4,300+ sq. ft.) of living space. The outdoor living area includes a great patio for grilling and entertaining. The home sits in a very private cul-de-sac in the tranquil setting of Skyway Park Preserve. The yard is beautifully landscaped (near zeroscape) with irrigation systems. A MUST SEE gem of a home within walking distance of the fabulous District 12 schools. Realtors welcome. Special incentive offered to buyers’ agents. Go to FSBO.com for additional details and photos.

Featured Open House

New Home At Mackenzie Place Active Adult Campus 1564 Lewis Ridge View | $391,194

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 Limited Time Offer – Free Fireplace or Stainless Steel Appliances Upgrade Cottage home with loft plan has main floor living, 3 bedrooms, 3 baths, and attached 2-car attached garage. Inviting kitchen is finished with upgraded Maple cabinets, Quartz kitchen countertops, tile backsplash, and GE microwave, dishwasher & smooth cook top range. Vaulted ceilings 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.

Sunday, Oct 5, 2014

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1FILLMORE ST.

NEVADA AVE.

GARDEN OF THE GODS RD.

(For Gate Access)

WOODMEN RD.

POWERS BLVD.

Mike Woelke 719.623.2669

5 3

3310 Mesa Road

Air Force Academy

Manitou Springs

Gated Westside Neighborhoods

MERIDIAN RD.

BLACK FOREST RD.

ROLLER COASTER RD.

HODGEN RD.

Sunday, Oct 5, 2014

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

5 FONTAINE BLVD.

Quality and Affordable Custom Homes 10851 Glen Canyon Drive Model Open Mon-Sat 10-5, Sun 12-4 or by appointment

Widefield MESA RIDGE PKWY

115

Winner 2013 People’s Choice (Parade of Homes)

85 87

SQUIRREL CREEK RD.

Fountain

www.gjgardnerfalcon.com

719.495.8800

Quality and Affordable Custom Homes

Fort Carson

10888 Mt Evans 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.

115

www.gjgardnerfalcon.com 4

719.495.8800

REIMAGINE REIMAGINEYOUR YOUR DREAM DREAMHOME. HOME.

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

Landscaped & Fncd Yard

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

More New Homes in the Pikes Peak Region

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

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

Banning Lewis Ranch – Oakwood Homes From the mid $200s 8244 Cypress Wood Drive 719.380.5082 - 1-6pm Mon, 10-6pm Tues-Sun Banning Lewis Ranch – Oakwood Homes From the mid $200s 7119 Snowbell Lane 719.380.5082 - 1-6pm Mon, 10-6pm Tues-Sun

17215 Papago Way MLS# 2997017 $449,000 Model Open Saturday 1-4PM

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

New Townhomes in District 20

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

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

HANOVER RD.

• • • •

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

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.

REIMAGINE YOUR REIMAGINE YOUR www.gjgardnerfalcon.com DREAM HOME. LIFE LIFE SIMPLIFIED. SIMPLIFIED. DREAM HOME. 719.495.8800

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

Winner 2013 People’s Choice (Parade of Homes) • 6 bed, 4 bath, 3 car garage • 5 acre horse property • Pond on back of lot • Backs to open space

A low A low maintenance maintenance community community connected connected by by green green spaces spaces andand walking walking paths, paths, justjust minutes minutes from from downtown. downtown. Charming Charming architectural architectural styles andand floor floor plans plans thatthat fit any fit any lifestyle. lifestyle. 11styles

LIFE SIMPLIFIED. LIFE SIMPLIFIED.

Aaward-winning lowaward-winning maintenance community connected by green spaces and A low maintenance community connected by green spaces and Featuring Featuring 4 local, 4 local, builders: builders: minutesCharming from downtown. Charming architectural walking paths, justwalking minutespaths, from just downtown. architectural CreekStone, CreekStone, Hi-Point, Hi-Point, JM JM Weston, Weston, and Vanguard Vanguard Homes. Homes. styles and plans thatand fit any lifestyle. styles and floor plans that fitfloor any lifestyle. Featuring 4 local, award-winning builders: Featuring 4 local, award-winning builders: • •Townhomes Townhomes from from thethe $180s $180s to $230s to $230s and and REIMAGINE YOUR CreekStone, Hi-Point, JM Weston, and Vanguard Homes. CreekStone, Hi-Point, JM Weston, and Vanguard Homes. single single family family homes homes from from the the $260s $260s to $500s. to $500s. DREAM HOME.

• Townhomes theand $180s to $230s and • Townhomes from the $180s tofrom $230s LIFE SIMPLIFIED. single homesto from thespaces $260sand to $500s. single family homes fromfamily the $260s $500s. A low maintenance community connected by green walking paths, just • •Models Models open open daily. daily. minutes from downtown. Charming architectural sytles and floor plans that fit any lifestyle. LIFE SIMPLIFIED. A low maintenance community connected by green spaces and Featuring 4 local, award-winning builders: • JM Models open daily. walking paths, just minutes from downtown. Charming architectural • Models open daily. CreekStone, Hi-Point, Weston, and Vanguard Homes styles and floor plans that fit any lifestyle. • Townhomes from the $180s. Single Family Homes from the $260s. Featuring 4 local, award-winning builders: • Models open daily. CreekStone, Hi-Point, JM Weston, and Vanguard Homes.

WWW.GOLDHILLMESA.COM WWW.GOLDHILLMESA.COM WWW.GOLDHILLMESA.COM WWW.GOLDHILLMESA.COM • Townhomes from the $180s to $230s and single family homes from the $260s to $500s.

INFO@GOLDHILLMESA.COM 719.633.2202 719.633.2202 INFO@GOLDHILLMESA.COM INFO@GOLDHILLMESA.COM 719.633.2202 719.633.2202 INFO@GOLDHILLMESA.COM • Models open daily.

WWW.GOLDHILLMESA.COM 719.633.2202

INFO@GOLDHILLMESA.COM

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