Real Estate 10/12/14

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Sunday, October 12, 2014

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SPOTLIGHT: BEAUTIFUL FRENCH CHATEAU

Ideal location in Stratton Preserve

BY LESLIE MASSEY  SPRINGSJOBS.COM

Within the gated community of Stratton Preserve, this custom French Chateau sits on the hillside, hidden away at the end of a cul-de-sac, surrounded by towering pines. Settled on 2. 13 acres, on one of the few sites that allows for a guest house to

be built, the charming exterior boasts a brick walkway, stone accents, dormer windows and breathtaking scenery.

Distributing over 5,000 square feet, this captivating chateau built in 1997 delivers four bedrooms, five bathrooms, an office and

three car garage. Becky Gloriod, listing agent with Berkshire Hathaway Home Services Rocky Mountain Realtors, has the home offered for $1,129,000.

A grand entry opens to an inviting and flowing floor plan with arched openings leading

2005 FOX MOUNTAIN POINT

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

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The Gazette · springshouses.com

New HUD chief Castro is ready to start pushing homeownership

BY TODD J. GILLMAN BTHE DALLAS MORNING NEWS (MCT)

WASHINGTON — Like previous housing secretaries, Julian Castro wants to make it easier for more Americans to buy homes. But with credit still tight after the financial meltdown of a few years ago, he prefers to avoid setting any specific target.

Lenders learned tough lessons when the housing bubble burst six years ago over loose credit and an overemphasis on turning renters into buyers. But with homeownership falling to levels not seen since 1995, Castro, after a couple of months on the job, says the pendulum has swung too far.

“People who during normal times would be able to get a loan, these days are simply shut out of the market,” Castro said in an interview in his office. “It’s too hard for folks who are responsible, who are working. …

It’s too tough for ordinary Americans.”

The former mayor of San Antonio, considered a future star for the Democratic Party, took over as secretary of housing and urban development in July. Easing the credit crunch and nudging up ownership rates — without overheating the market — is one of Castro’s top goals.

In his first major speech as HUD secretary last month, Castro told a housing forum hosted by the Bipartisan Policy Center that “it’s time to remove the stigma associated with promoting homeownership.”

That’s a message the nation’s housing secretaries have avoided since the housing market collapsed in 2008. Under pressure from federal regulators, lenders tightened credit, squeezing out many potential borrowers.

Nationwide, lenders made $226 billion in home loans in the first quarter of this year. That’s a 17year low, according to the Mortgage Bankers Association.

Here’s how tight credit has gotten: Last week at an investment conference in Chicago, Ben Bernanke, the former Federal Reserve chairman, revealed that he’d recently been

turned down when trying to refinance his own mortgage.

“I’m not making that up,” he told a laughing audience.

“I think it’s entirely possible,” he said, that lenders “may have gone a little bit too far on mortgage credit conditions.”

Castro agrees. “Lenders are not lending to folks who during normal times would be able to get a loan,” he said.

For loans backed by Fannie Mae and Freddie Mac, the governmentchartered entities that guarantee many mortgages, the average borrower now has a credit score of about 750. That’s very high on a scale that tops out at 850 — and significantly higher than usual, Castro noted.

For anyone with a credit score below 680, getting a loan has become exceedingly hard.

“We just want a bigger spread. No specific target,” Castro said.

The focus on boosting homeownership is a key element of

the administration’s agenda.

President Barack Obama underscored that in a recent speech at Northwestern University meant to refocus attention on economic issues ahead of the midterm elections next month.

“If we make it easier for first-time homebuyers to get a loan, we won’t just create even more construction jobs and speed up the housing recovery,” Obama said. “We’ll speed up your efforts to grow a nest egg, start a new company, and send your own kids to college or graduate school someday.”

One tool at Castro’s disposal is the Federal Housing Administration, a part of HUD created after the Great Depression to promote home buying.

The FHA issues insurance to protect lenders in case borrowers can’t repay their loans. The market collapse meant waves of claims. Losses hit $50 billion. As the FHA depleted its reserves, it had to take a $1.7 billion taxpayer subsidy last year — the first

in its 80-year history.

“It will not need another draw. That is very good news for the fund,” Castro said. “Like everything in the housing crisis, it was cause for concern, and a lot of work went into regaining the fiscal health of the fund.”

To control losses, the FHA made it far harder for entry-level buyers to get loans. Lenders now impose stringent conditions that rule out all but the most qualified borrowers, in part to avoid penalties for running afoul of underwriting rules.

A few weeks ago, Castro told a lenders conference that enforcement has been too “draconian” and lenders — who’ve been fined $3 billion for faulty loans since the crash — are justifiably frustrated and gun shy.

To ease the crunch, HUD is revamping its rules to ease concerns about penalties for minor oversights on new loans.

The FHA also increased premiums since the crash.

Down payments on FHA-backed

Sunday, Oct 12, 2014

loans are as low as 3.5 percent. But borrowers pay 1.75 percent of the balance upfront as insurance, plus monthly premiums. Those premiums have increased by $100 a month on a $150,000 mortgage since 2008, to record levels, and now make up 20 percent of the payment.

By some estimates, that has priced as many a half-million buyers out of the market.

In August, FHA announced a plan to ease the burden. As many as 100,000 borrowers who undergo financial counseling would save about $300 a year — a start, but not enough to satisfy the National Association of Realtors and other industry groups.

“We’re working on expanding access to credit,” Castro said. “We’re also in a different situation from years past. So the first thing that we need to do is to make sure that folks who are ready and who are responsible can get access to credit.”

The drop in homeownership has hit some groups especially hard.

Mortgage lending to black and Hispanic borrowers is at a 14-year low, according to loan data compiled under the Home Mortgage Disclosure Act. Minorities tend to have weaker credit, shorter income histories and smaller nest eggs. With lenders focused on minimizing risk, many would-be borrowers have been left behind.

Black Americans are about 13 percent of the U.S. population but accounted for 4.8 percent of home loans in 2013 — a huge drop from the high of 8.7 percent in 2006.

Borrowing among Hispanics also topped out that year, at 11.7 percent.

It hit 7.3 percent last year.

“Of course that’s a cause for concern,” Castro said.

Some fair-housing advocates say HUD should step up, offering programs aimed at boosting ownership rates among minorities.

Previous HUD secretaries have done that. Castro said he prefers a broader approach.

“I’m confident that if the administration and lenders take steps, then all Americans will benefit, including minorities,” he said. “What we’ve been doing is targeted at people across the board.”

MARCIE GEFFNER:

Starter homes: How and where to find them

BY MARCIE GEFFNER  BANKRATE.COM (MCT)

First-time homebuyers might well wonder: Where are all the starter houses?

Indeed, such properties can seem scarce in many housing markets.

A few reasons: • Investors have snapped up a lot of smaller houses and turned them into rental properties.

• Flippers have bought smaller homes and remodeled them so they’re no longer within the reach of first-time buyers.

• Many current homeowners don’t have enough equity to move or would rather add on to a smaller house than give up a low-rate mortgage.

• Builders have opted to construct pricier trade-up homes instead of affordable starters.

How long will this last?

The slow pace of new home construction suggests that the dearth of starter homes might continue for some time.

That could prove challenging for first-home buyers, according to the National Association of Realtors.

States such as California, Florida, Indiana, Montana and Utah, where job growth has been especially strong, “could face persistent housing shortage and affordability issues” unless local job gains are matched by

increases in housing construction, the association says.

So how — or more precisely, where — can first-time buyers find a modest home they like and can afford?

OLDER HOUSES COST LESS One strategy is to look for an older home in a well-established neighborhood.

Used homes typically cost less than brand-new homes, says Bradley Hunter, chief economist for Metrostudy, a housing market research firm in Palm Beach Gardens, Florida.

Older homes typically need more maintenance and repairs, which offsets some of the cost savings.

However, Hunter says, buyers who opt for a used home might be able to do repairs and renovations over time, pacing themselves to make the cost manageable.

First-timers who are determined to purchase a brand-new home should look for a local or regional builder that caters to this market.

“Some builders — not the majority of them, but some — are targeting first-time homebuyers,” Hunter says.

THINK ‘STARTER’ HOME Buyers shopping for their first home need to be open-minded about the

location, size and condition of the home they want to buy, says Tim Deihl, associate broker with Gibson Sotheby’s International Realty in Boston.

For many buyers, a classic starter home, which traditionally doesn’t have many amenities, is more achievable.

“If your first home is the place you’re going to have your family, maybe build an addition and stay there forever, that’s one set of criteria. If your starter home will be a financial launchpad into a larger, better home, that’s a different approach,” Deihl says.

RETHINK LOCATION Hunter points to some older neighborhoods in Florida where homes were built decades ago on a so-called “scattered lot” basis. These neighborhoods lack the homogeneity of newer housing tracts and might not include such amenities as sidewalks or street lights. Yet, such houses can be more affordable.

Buyers who want to start a family, but don’t yet have children, sometimes focus too much on their home’s location, size and school district, Deihl suggests. Resetting those parameters can make it easier to buy a first home.

“Buyers may be in a position where schools won’t impact them for six or

seven years,” Deihl says. “That’s a good opportunity to buy in the city, make some money and roll that into a community where they want to be longer term with the kids.”

HOW ABOUT A FORECLOSED HOME? A bank-owned foreclosure also might be a good option, though those aren’t as common as they were a few years ago.

First-home buyers shouldn’t be scared off by the stigma or horror stories about the poor condition of foreclosure homes, Deihl says. Some properties might need to be cleaned, but many have major components like plumbing, electric, heating and air-conditioning system and kitchen appliances in working condition.

CITY OR SUBURB? Buyers who sacrifice location for affordability can find themselves in a neighborhood far from major job centers with a long daily commute and expensive transportation costs.

Sometimes that trade-off makes sense, but not always, says Cathy Coneway, a broker for Stanberry & Associates Realtors in Austin, Texas.

“You have to look at how much you make and how much you can afford to spend for gas,” Coneway says. “You

might actually be better off buying a house that’s closer to town so you have more cash flow for property taxes, insurance and living expenses.”

COMPETE WITH A LOAN APPROVAL When a well-priced starter house comes on the market, the quest to buy it can be what Deihl characterizes as “super-competitive.”

One way to strengthen an offer is to present a loan preapproval that includes everything but a title search, appraisal and hazard insurance, says Jay Dacey, a mortgage broker at Metropolitan Financial Mortgage Co. in Minneapolis.

A strategic phone call might help, too.

“We call the listing agent and say, ‘Mr. and Mrs. Jones submitted an offer on your property. Not only are they preapproved, but they’ve gone through the underwriting approval process with our bank,’” Dacey says. “That makes the offer stronger.”

ABOUT THE WRITER (Marcie Geffner writes about mortgages and other personal finance topics for Bankrate.com.)

Visit Bankrate online at http://www. bankrate.com.

Sunday, Oct 12, 2014

The Gazette · springshouses.com

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SPOTLIGHT: BEAUTIFUL FRENCH CHATEAU CONTINUED FROM PAGE 1

to the spacious formal dining room and another to the elegant formal living. The dining room is adorned with crown molding and a cathedral window, and the refined living room includes an alluring fireplace.

At the rear, an expansive sunroom includes two sets of French doors accessing the brick patio in a picturesque back yard.

Hardwood floors stream through the living room, dining room and sunroom as well as the staircase to upper level.

Gorgeous cabinetry and tile

counter tops add an inviting sense to the gourmet kitchen. A large center island includes counter seating and an abundance of extra storage. A small desk, pantry and wine fridge add the essential touches to complete the space.

Adjoining the kitchen, a cozy and inviting family room presents a stylish peaked ceiling with alder beams. The alder fireplace and wall of glass with a walkout to the brick patio infuse warmth and sunlight into the room for an engaging spot to relax and wind

down.

Perfect space for working from home is found in the main level office with stately built-in bookcases and desk. A soaring ceiling combined with a large window framing the beautiful outdoors as well as a doublesided gas fireplace lends a comfortable ambiance to focus on your list of things to do.

Sharing the fireplace with the office, a spacious master suite invites leisure and brings the peaceful setting of the hillside indoors via the window alcove.

Access to a patio allows private quiet time. His-and-her closets supply ample shelving and cubbies for organization and one has a roomy cedar closet in the back.

With generous use of space, the master bath embraces his-andher sections for a clever approach to this shared area. Dual vanities are separated by a large glass shower which is accessible from either side. A deep jetted tub and views of the enchanting outdoors add a serene impression.

A marvelous upper level guest

suite rests above the garage and offers total privacy. Its own staircase leads to a significant retreat with enticing stone fireplace and private balcony. An attached contemporary guest bath, which offers a magnetic black & white motif, features an oversized ceramic sink with wrought iron base, claw foot tub and water closet. A sizeable walk-in closet allows room for guests to make themselves at home.

Two large bedrooms in the finished basement share a tiled

Jack-and-Jill bath and a large family room adds more space for family and friends to spread out.

An incredible 1,700 square feet of storage, with enough height to stand up, is available in the crawl space for sufficient room for stowing items.

This home boasts an ideal location enveloped by the beauty of Stratton Preserve, and within close proximity to area schools. Attention to detail and pride of ownership are exposed throughout both the inside and outside of the home. 

Five Tips for Haunting Your House this Halloween professional Halloween attractions.

Spooky Façade Give your home’s façade the abandoned, dusty look by spinning cobwebs and creepifying doors and windows. Hang aged and shredded curtains and add lights to each window. Change outdoor lights with flicker bulbs. Add spooky sounds for atmosphere. Lastly, you can purchase affordable computer graphic effects from HauntedHouseSupplies.com and with a TV pressed into your window, add anything from ghosts to werewolves to ghouls to your haunt.

(STATEPOINT)

Halloween trails only behind Christmas when it comes to spending on decorations. Americans spent an estimated $6.9 billion on Halloween in 2013, according to the National Retail Federation.

You can make more of your Halloween

spending with a few spooky tips. Larry Kirchner, operator of the world’s numberone rated haunted house, “The Darkness” in St. Louis, Missouri and owner of Hauntworld.com -- a resource for building haunts, and a national directory of haunted houses, corn mazes, hayrides, and pumpkin patches -- offers advice from his 25 years of experience building

Cemetery Let the leaves collect for a few weeks in your yard. Add a gothic fence and a few zombies popping up through the ground.

Add jute material or aged cheesecloth to your fence. Adding dead bodies under trees or creepy birds helps set the scene.

Make gravestones by using a hot knife

to carve foam into shapes, and even add an epitaph. To give the tombstone a real stone look, coat in plaster or lightweight concrete. Two simple doll rods driven into the ground can hold the tombstone in place. For a coffin, nail together 1x6 and 2x2 pine boards. For the extra effect, add mulch in front of the tombstones or use paving bricks in the shape of a grave filled with mulch.

Spooky Maze Empty the garage and set up walls to create two to three scary scenes. If your garage isn’t big enough, start the attraction inside and have it exit into the backyard graveyard. Start by sketching a design. You can build simple walls from plywood or drywall. For the old rotting look, cut odd shapes into the walls and screw in thin slats of wood behind the cut out holes. For best results, cake on plaster between the slats, then use raised wallpaper for the rest. Paint the entire wall

one color and add some watered down black paint for an aged look.

Eerie Effects Spooky sounds, special effects and lighting make all the difference. Play a spooky soundtrack from a movie or find music online. Buy a couple of cheap skeleton speakers, available online for as low as $10. For home haunters on a budget, air cannons or any loud noise are great for scares. Create special effects with fog machines and air compressors. Finally, dress up in your spookiest costume and make your guests scream for candy!

To prepare for next year, stock up on deeply discounted props the day after Halloween. For more inspiration on Halloween or haunted houses, visit www.Hauntworld.com.

This year, go beyond the basics and give your neighborhood a real scare!

More Open Houses Open House of the Week

Open House of the Week

EAGLEPOINTE TOWNHOMES - NORTHWEST - $314,900

Gorgeous Custom with Amazing Views

NEWSWIRE

Eaglepointe Townhomes | $314,900

10955 S. Holmes | $725,000

Hours: 2 – 4 p.m., Sunday October 12 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.

Hours: Saturday, October 11 and Sunday, October 12 Call for Private Showing Neighborhood: Black Forest Driving Directions: From Burgess right onto South Holmes. Home is on left.

Agent/Company: Bianca Taylor, 719-229-6488, ERA Shields Real Estate

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!

Lower Level has 3rd bdrm & full bath with 25x20 family room (all 9ft 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!

Lovely Custom A frame Chalet atop a knoll in the Black Forest with sweeping views of the Front Range that will leave you in awe of the gorgeous city we live in. Wonderful use of natural stone and moss rock in the 4 fireplaces; top of the line appliances in the remodeled kitchen; fabulous master suite addition with access to the wrap around deck. Through French doors.

The bedroom has a fireplace and great master bath with views and translucent Onyx tile in the Jacuzzi tub. Custom light fixtures throughout the home. Two master suites grace the main level and wall of glass allow the sunlight and views in; two story fireplace adds coziness to the living/family room. Upstairs brings you to an office/bedroom retreat with fireplace and bathroom. Downstairs is a walk out with additional family room, fireplace, 2 bedrooms and laundry. This beautiful treed 5 acres has an abundance light and Spectacular views. There is a landscaped yard around the home with perennials. You have the opportunity to live in nature in a very private environment yet are very close to shopping and major arteries.

4SH

The Gazette · springshouses.com

Sunday, Oct 12, 2014

Featured Houses Featured Home of the Week

Featured Home of the Week

Classic Homes in Meridian Ranch

Classic Homes in Meridian Ranch

10465 Mt Columbia Drive | $314,819

10447 Mt Columbia Drive | $297,524

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

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.

MLS# 781345

Featured Home of the Week

Featured Home of the Week

GATED BROADMOOR RESORT COMMUNITY - RIGHTS TO MEMBERSHIP AT Broadmoor Golf Club

Classic Homes in The Village of Siena 13066 Cupcake Heights | $437,156

740 Silver Oak Grove | $1,695,000

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

Neighborhood: Southwest Agent/Company: Linda Mason, 719-491-2800 Mason Properties, Inc.

Exquisite walkout ranch home on treed lot with close up Front Range Mt. views designed w lg window & door assemblies in every room to enjoy the mt setting! Beautiful custom features include reclaimed white oak floors from France, barrel vaulted ceiling w & floor to ceiling stone fireplace in lving rm, main level study. Kitchen has Clive Christian cabinets, Haversham accent cupboards & granite stone countertops plus NEW WOLFF DUAL FUEL RANGE & MICROWAVE, NEW SUB-ZERO REF. Decks off Liv &Family rooms are outstanding! Lower level has 2ND master bdrm plus 2 more bdrms, theater rm, huge rec rm, high ceilings thru out! 4 fireplaces, 4 bdrms, 4 baths, 4 car garage. New hot water heater, new A/C, new phone, lighting & alarm systems & new landscaping & watering systems added to this comfortable, elegant & dynamic Colorado home!

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

Open House of the Week

Beautiful Home with Unobstructed Front Range Views

Beautiful Mountain Shadows Home on a Quiet Tree-lined Street

5912 Mapleton Drive | $499,999 Hours: 12:00 – 2:00 p.m., Sunday, October 12 Neighborhood: Orchards at Sunset Ridge Driving Directions: From Academy and Union, go North on Union to Vickers, take a right on Vickers, a right on Cherryvale Dr, right on Mapleton Dr. Home is at the end of the cul-de-sac.

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

6315 Savannah | $315,000

Hours: 12 – 3 p.m. Saturday, October 11 and Sunday, October 12 Neighborhood: Northwest Driving Directions: From GOG, North onto Centennial Blvd, West on Wickes Rd, then North onto Savannah Agent/Company: Matt Comer, 719-421-0123, Keller Williams Partners

Sensational 2 Story Home backing to Sunset Mesa open space with uninterrupted views of Pikes Peak and the Front Range. The main level offers a formal living room and dining room, spacious kitchen with informal dining area and walkout, family room with fireplace plus a study with crown molding, great views and terrific built-ins. The generous master suite includes an adjoining 5-piece bath and walk-in closet. The lower level finish was completed approximately 2 years ago and includes the 5th bedroom, full bath, an expansive recreation / family room with wet bar plus two bonus rooms. The .86 acre lot provides for fantastic outdoor areas and views!! Priced Below Appraisal!!

Must see!!! Newer carpet throughout, main level hardwood floors, updated stainless steel appliances, large finished basement w/ full bathroom, bedroom, TV room and additional storage area. Loft area ideal for home office or kids play area. Huge custom deck with hot tub, large back yard. Vaulted ceilings throughout main level with sky lights above kitchen. Main level Master Suite with attached bathroom, walk-in shower, elevated Jacuzzi tub. If you attend the open house, you will receive a $2,000 special incentive!

Open House of the Week

Open House of the Week

Custom home in the upscale neighborhood of Skyway Park Preserve

Maintenance Free Living

1274 Capricorn Court | $499,500 Hours: 1 – 4 p.m. Saturday, October 11 and Sunday, October 12 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. 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. The home sits in a very private cul-de-sac. 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.

Open House of the Week

THREE BEAUTIFUL HOMES UNDER CONSTRUCTION! 12425 Black Hills Dr. | $474,900

Neighborhood: The Estates at Meridian Ranch Agent/Company: Jene Bullock, 719-963-7983, Majestic Custom Homes Open House: October 11 & 12 27, 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.

Pick your plan and your colors! Three different homes currently underway with quicker move-in including two beautiful open-concept ranch plans and a large family-friendly two-story. Situated on oversized lots in great communities, these homes will include amazing features, gourmet kitchens, finished basements, oversized garages and so much more! Prices from the mid-$300’s on dirt starts. Specs starting at $439,400.

Best Value! Come see them this weekend!

Open House of the Week

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.

11425 Neutra Grove | $238,900

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

Open House of the Week Garden Level Rancher w/Indoor Pool!

105 Cypress Lane | $950,000

Hours: 1 – 4 p.m. Sunday, October 12 Neighborhood: Broadmoor Driving Directions: From Nevada/Hwy 115 & Lake Ave. - Take the Lake Ave exit west. Turn right (north) on Strickler Rd. Turn left (south) on Cypress Ln. Follow to house on the corner of Cypress Ln. & Gardner Pl. Agent/Company: Carol Patten & Mary Smith, 719-339-0942/719-229-7020, ERA Shields Wrought iron surrounded 4BD/6BA/2CA rancher on private 1.3 acre corner lot w/mountain views & 52x28 indoor pool w/skylights, wall of sliding doors (9), mechanical room & three-quarter bath changing room. Vaulted ceilings, moss rock wall gas fireplace w/stained glass above, garden level basement w/multiple large living spaces & many composite/wood decks (one 32x16 covered) for outdoor entertaining.

Open House of the Week Fantastic Family Home, Amazing Value in D12 315 Roxbury Place | $410,000

Hours: 1 – 4 p.m. Sunday, October 12 Neighborhood: Broadmoor Driving Directions: Broadmoor Valley Road to Roxbury Circle west; home is on the left.

Agent/Company: Bianca Taylor, 719-229-6488, ERA Shields Hosted By: Lois Simonton 719-491-4911

This well cared for home is in a highly desirable neighborhood within walking distance to parks and the Country Club of Colorado. Beautiful hard wood floors grace the main level and upstairs hall and master suite. Remodeled kitchen to include granite countertops and stainless appliances; fabulous 5 burner Wolfe cooktop; kitchen nook, two family rooms, living room complete with floor to ceiling built in shelving. Custom detailing throughout the home; crown molding and 4 inch baseboards. Large bedrooms with walk in closets; balcony with trex deck off of upstairs bedroom.

Beautiful custom iron fence and gates in the back yard. New roof, AC, new carpet in the basement & interior paint.

Sunday, Oct 12, 2014

The Gazette · springshouses.com

SH 5

Find Local Events You Wish You Knew About

Peyton, CO

8931 Oakmont Road • $348,000 OPEN Sat & Sun 1-4pm Woodmen Hills

.COM

COLORADO SPRINGS

This home is a MUST See! It’s a 5 bedroom, 4 bath, 4 car garage with 4,367 sq. ft. Brand new hickory flooring and carpet with lots of extras! Home is Move-In Ready!

Kathy Brown 719-351-1520

Synergy Realty Group, Inc.

To place your ad call:

719-444-SELL

Palmer Lake

105

105

6SH

EASTONVILLE RD.

Monument

The Gazette · springshouses.com

Pikes Peak New Homes HIGBY RD.

14 9

2 SHOUP RD.

• Custom-Semi Custom Homes • Energy Star 3.0 Certification • Nine Exceptional Floor plans Available • Diverse Selection of Home sites – View Lots and Golf Course Lots now available.

BURGESS RD.

KISSING CAMELS & CATHEDRAL RIDGE VOL LM

4

KW Y.

MA

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RO N

AU ST IN

• 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

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Colorado Springs

2

24 PLATTE AVE.

94

• 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

Colorado Springs Premier Custom Builder

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www.copperleafhomes.com

85 87

ST.

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CIM

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MARKSHEFFEL RD.

1FILLMORE ST.

NEVADA AVE.

GARDEN OF THE GODS RD.

(For Gate Access)

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WOODMEN RD.

POWERS BLVD.

15

Mike Woelke 719.623.2669

5 3

8

24

3310 Mesa Road

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Air Force Academy

Manitou Springs

Gated Westside Neighborhoods

MERIDIAN RD.

25

83

powered by 1

BLACK FOREST RD.

ROLLER COASTER RD.

HODGEN RD.

Sunday, Oct 12, 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

6

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

5

Quality and Affordable Custom Homes

Fort Carson

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

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• • • •

Winner 2013 People’s Choice (Parade of Homes)

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

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

New CreekStone Homes in District 20!

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REIMAGINE REIMAGINEYOUR YOUR DREAM DREAMHOME. HOME.

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

Quality and Affordable Custom Homes

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.

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

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

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

2014 Parade of Homes Winner!

LIFE SIMPLIFIED. LIFE SIMPLIFIED.

Model Home located at

5620 Leon Young Dr. 719-368-7945

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.

www.CreekStone-Homes.com

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.

More New Homes in the Pikes Peak Region

3

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

HANOVER RD.

• Priced from mid $300s • Landscape Package!

• Generous Design Center Allowance!

• Free W/D and refrigerator • Window Covering Allowance

4

719.495.8800

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

New Townhomes in District 20

Lori@CreekStone-Homes.com Open Mon-Sat 10-6 / Sun 12-6

www.gjgardnerfalcon.com

Landscaped & Fncd Yard

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

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25

RD.

115

UEBLO

OLD P

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

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

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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

• 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