Monthly Archives: June 2011

Santa Fe Market Report – The Española Area

Santa Fe Market Report
Featuring The Española Area


Active SFAR Listings
All Santa Fe Listings (6/30/11)
Residential: 2474
Residential Land: 1523
Farm & Ranch: 127
Commercial Land: 59
Multi Family: 36
Commercial Buildings: 171
Live/Work: 19


MLS Comparison:
Closed Residential Sales 1/1 – 6/30 – 2010 vs. 2011

 


The Española Area Snapshot


Days on Market (DOM)
The Española Area – Residential Sold*


Selling Price: % of List Price
The Española Area – Residential Sold*

If you would like to know more about any of the homes for sale in the Española Area, contact me, Karen Meredith, Keller Williams Realty, by e-mail or at (505) 603-3036. For a free market analysis of how much your  Española Area home is worth, click here.

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Recent Transactions

Below is a summary of my recent transactions where I represented the Buyer or the Seller:

41 Camino de Milagro

41 Camino de Milagro, Santa Fe, New Mexico, Offering Price – $635,000, MLS # 201006026. 3 bedrooms, 3 baths, 3,457 square feet, Lot Size 14.94 acres. I represented the Buyer. Sold – 6/23/11
BEAUTIFUL is the only way to describe this 3,400+ sf home located on INCREDIBLE 14.94 acres in Tesuque! Have to see to believe the custom detail throughout. From vigas,to 3 Kiva custom fireplaces, tiled counters, huge walk-in closet in master bedroom, hardwood flrs, brick floors, deck to enjoy the incredible views, workshop, front landscaped, the list just goes on and on!
Interested in Tesuque homes for sale?  Call Karen Meredith, Keller Williams at 505-603-3036

138 East Santa Fe Avenue

138 East Santa Fe Avenue, Santa Fe, New Mexico, Offering Price – $443,000, MLS #201006182, a 2,159 square foot triplex and

140 East Santa Fe Avenue, Santa Fe, New Mexico, Offering Price – $352,000 MLS #201006188, a 1,760 sq. ft. duplex.  Represented the Seller.  Sold both – 3/29/11

Purchase to include #’s 136, 136 1/2, 138, 138 1/2, and 140 E. Santa Fe Ave. Investors don’t miss this opportunity to own a triplex and a duplex in a great location with a proven rental history.

One building is a charming vintage Victorian brick two-story house, the other a Pueblo style two-story house with a laundry room and storage room.

1 block to State Capitol, walking distance to Plaza. Front building contains Units 136,138 and 138 1/2 with a combined 2,159 sq. ft. Units 136 1/2 and 140 and the laundry room in the back building have a combined 1,760 sq. ft. Beautiful shared courtyard garden. Shared driveway.  Profit/Loss statement available upon request.

Interested in South Capitol homes for sale? Call Karen Meredith, Keller Williams at 505-603-3036.

Santa Fe Real Estate News – The Santa Fe City South East Area

Santa Fe Market Report
Featuring The Santa Fe City South East Area


Active SFAR Listings
All Santa Fe Listings (6/22/11)
Residential: 2434
Residential Land: 1519
Farm & Ranch: 127
Commercial Land: 57
Multi Family: 37
Commercial Buildings: 174
Live/Work: 18


The Santa Fe City South East Area Snapshot


Days on Market (DOM)
The Santa Fe City South East Area – Residential Sold*


Selling Price: % of List Price
The Santa Fe City South East Area – Residential Sold*

Santa Fe Neighborhoods – Focus on Las Lagunitas

Gated Entrance to Las Lagunitas

Gated Entrance to Las Lagunitas

Las Lagunitas is a relatively recent gated subdivision located approximately 17 miles southwest of the Santa Fe Plaza.  Las Lagunitas means “little ponds” in Spanish and is named for the numerous small ponds found on the property.  Surrounded by agricultural land, natural arroyos and diverse desert wetlands, Las Lagunitas contains lush bosque habitat which is fed by Guicu Creek.  A functioning acequia (a traditional Spanish irrigation ditch) runs through part of the property.

Las Lagunitas is characterized by rolling hills and breathtaking views of the Galisteo Basin and the Sangre de Cristo, Jemez and Ortiz mountain ranges.  It contains a preserved wildlife habitat, which includes a spring, numerous ponds, plum, pear and apple trees, and is a nature lover’s and birdwatcher’s delight.

A pond in Las Lagunitas

A pond in Las Lagunitas

Early Native Americans must have appreciated the natural bounty, as there are protected excavation sites in Las Lagunitas where signs of Native Americans have been found.  Early settlers also must have appreciated the wetlands, as I am told that the old ranch house and barn in Las Lagunitas were Pony Express and stage stops.

 

Construction of the subdivision began in 1996, and occurred in 5 phases. Las Lagunitas contains 106 lots on 262.4 acres. Lots range from 1 to 3 acres in size. Approximately 90 acres are reserved as common areas for open space to be used and enjoyed by all residents of the community.

Residents of Las Lagunitas enjoy close proximity to the Lenora Curtain Wetlands Preserve, a 35-acre nature preserve maintained by the Santa Fe Botanical Gardens, which is located approximately 2.5 miles north of Las Lagunitas on the I-25 frontage road.  The Preserve has several hiking trails leading through three distinct plant communities: riparian/wetland, transitional, and dry uplands. It is open to the public from the beginning of May through the end of October and admission is free.

Also within 3 miles of Las Lagunitas, is El Rancho de las Golondrinas.  Once a historic ranch, now a living history museum, it dates from the early 1700s and was one of the most important stopping place along the famous Camino Real, the Royal Road from Mexico City to Santa Fe.

Las Lagunitas map3Public water is provided by the Sangre de Cristo Water Co. Electric service and natural gas are provided by the Public Service Company of New Mexico.  All utilities are buried which means there is nothing to interfere with the beautiful views of the natural surrounding areas and the brilliant New Mexico night skies.

Las Lagunitas is located between Albuquerque and Santa Fe off of I-25, which makes it a convenient location for commuting to both cities.

Shopping at Trader Joe’s in Santa Fe is just 20 minutes away, while Albuquerque is a 45 minute drive.

It is also near the 599 Bypass, which gives residents easy access to Las Alamos.

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Currently Keller Williams Realty has one residential lot for sale in Las Lagunitas which is described below.  In addition, Renee Edwards and I sold a home in Las Lagunitas in July, 2o11 which is described below.

 

Beautiful View Lot

Beautiful View Lot

FOR SALE 39 Calle Capulin, Santa Fe, NM, Offered at $100,000 (Lot 77)

MLS #201102397 - 1.60 acre – Residential Lot for Sale

Listing Agent, Karen Meredith, Keller Williams Realty, 505-603-3036

39 Calle Capulin is Lot 77 on the above map.  Tucked away in a private cul-de-sac, this homesite has sweeping views of the Ortiz and Sandia moutains.  The wooded and varied terrain creates a beautiful pastoral setting.  Biking distance to the Rail Runner which runs between Santa Fe and Albuquerque along I-25.  A 1.60 acre residential lot in Las Lagunitas.  City water and public electricity available, telephone and cable on site.  Septic required.  Owner financing is availabe.

36 Vista Lagunitas36 Vista Lagunitas, Santa Fe, NM Offered at $599,000

MLS # 201102611 SOLD! July, 2011

4 bed, 4 bath, 2,900 sq. ft., lot size 1.499 acres

Listing Agents:  Renee Edwards and Karen Meredith, Keller Williams Realty

Northern New Mexico, single level custom home, built in 2006.  This home enjoys a private, tranquil location on a cul de sac, surrounded by large cottonwood trees and bordering a bosque area that is unique to Santa Fe.

Beautiful southwest facing portal with outdoor lights and three pull down blinds for shade overlooks approximately 50 acres of common areas containing a pond, numerous springs and hundreds of mature plum trees as well as Asian pears and apple trees.

The birds and wildlife attracted to the water make this home feel like a naturalist’s retreat.

Santa Fe Market Report – The Santa Fe City North West Area

The North West city area of Santa Fe includes the popular and affordable neighborhood of Casa Solana.  Built in the 1950s and 1960s by the well known and locally beloved developer Allen Stamm, Casa Solana has beautiful mature trees, sidewalks and paved streets.  Residents enjoy a neighborhood pool and convenient shopping at the Solana Center.  Homes here have the Stamm traditional features of vigas, hardwood floors, fireplaces and solid construction.

As you travel down West Alameda, newly constructed homes appear on larger, more open tracts.  Homes begin to spread out a bit and horse farms emerge to dot the landscape.  Some lots in the hills offer 360 degree views, while others have a beautiful view of the Santa Fe city lights.

Along US Hwy 84/285 at the exit for the world renowned Santa Fe Opera is Monte Sereno, one of Santa Fe’s newer neighborhoods.  Homes here enjoy breathtaking views of the majestic Sangre de Cristo and Jemez Mountain ranges on lots averaging 1.7 acres.

The North West city area also includes Zocolo, a residential condominium community of casita-style homes centered around small plazas.

SANTA FE MARKET REPORT 
Featuring The Santa Fe City North West Area


Active SFAR Listings
All Santa Fe Listings (6/15/11)
Residential: 2429
Residential Land: 1503
Farm & Ranch: 125
Commercial Land: 59
Multi Family: 38
Commercial Buildings: 171
Live/Work: 17


The Santa Fe City North West Area Snapshot


Days on Market (DOM)
The Santa Fe City North West Area – Residential Sold*


Selling Price: % of List Price
The Santa Fe City North West Area – Residential Sold*

If you would like to know more about any of the homes for sale in the Santa Fe City Northwest Area, contact me, Karen Meredith, Prudential Santa Fe Real Estate, by e-mail or at (505) 603-3036. For a free market analysis of how much your Santa Fe City Northwest Area home is worth, click here.

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Santa Fe Neighborhoods – Focus on Tesuque

Santa Fe Neighborhoods – Focus on Tesuque

Tesuque is a neighborhood located 5 miles north of Santa Fe, east of Highway 285 on Bishops Lodge Road.  Tesuque is known for its beauty, verdant landscape and traditional adobe structures.  Tesuque owes its grassy fields and leafy orchards to Tesuque Creek which runs the length of the village. Many acequias nourish the yards of the houses that line the creek, creating a green oasis in the middle of a high country desert.  Abundant trees such as cottonwoods along the banks of the creek provide residents with soothing cool shade in the summer.

At the 2000 Census, Tesuque had a population of 909 with 541 housing units in a  land area of 6.96 sq. miles giving it a population density of 130.61 people per square mile.  Tesuque has its own post office and an elementary school.  

Tesuque Village Market

 
Local Amenities and Attractions

The popular Tesuque Village Market sits in the center of the village.  Built to resemble a trading post and stocked with grocery items, it serves breakfast, lunch and dinner 7 days a week.  A fun feature about Tesuque Village Market is that for a $15 corkage fee you can  buy wine from the wine section inside the market and drink that wine at the restaurant.  Outdoor dinning on the porch (weather permitting) provides diners with entertaining people watching.  The breakfast burritos and green chile are particularly noteworthy at Tesuque Village Market and the pasteries are delicious.

Fresh pasteries at Tesuque Village Market

Tesuque’s other restaurant El Nido  has experienced a change of management.  On January 24, 2010 Dennis Dampf and Don Scharhag, who operated El Nido for 27 years under a lease agreement, ceased operations.  Owner Carlton Colquitt, a part-time Santa Fe resident who also resides in New York, has stated that he will reopen El Nido after a short hiatus. El Nido, built in the 1920s, has a colorful history.  It first started out as a roadhouse and dance hall and was reputed to have been a brothel at one point.  In the past El Nido was popular with opera goers due to its proximity to the Santa Fe Opera.

Tesuque is also home to one of the top bronze art foundries in the United States, Shidoni Foundry, which was established in 1971.  Shidoni pours 3,500 pounds of bronze per week to make their bronze sculptures.  Shidoni holds weekly public demonstrations on sculpture making. Call (505) 988-8001 for the pouring schedule and plan to arrive a little early.  The pouring starts when the bronze is heated to 2000 degrees and ready to be poured into ceramic shells, which can be up to half an hour before the scheduled time.

Glass Flowers

The foundry has an 8 acre outdoor sculpture gallery showcasing sculptures in styles ranging from contemporary to traditional as well as two indoor galleries. Also on site is the Shidoni Arts Gallery which features works in glass and wood and Tesuque Glassworks where visitors can watch daily glassblowing demonstrations.

Tesuque Pueblo lies north and west of Tesuque, just 9 miles north of Santa Fe.  Archeologists believe that this pueblo has existed since at least 1,200 A.D.  Comprised of just 424 residents, this tiny pueblo is one of the most traditional Tewa speaking pueblos, with a great reverence for its traditional religious ceremonies.  Their dances are known for their authenticity and costumes.  Public dances include the Kings Dance held in January, the Corn Dance held in June, Harvest Dance held in November and the Deer and Buffalo Dances held in December.  The pueblo is closed to the public during certain days of the year, so call the pueblo before planning to visit. (505) 983-2667.

Inside Tesuque Village Market

Tesuque Pueblo also operates the Tesuque Pueblo Flea Market, 6.5 miles north of Santa Fe, just off U.S. 84/285 at Exit 171, next to the Santa Fe Opera every weekend (Friday, Saturday and Sunday) from March to December.  Call (505) 670-2599 for more information

BROWSE HOMES FOR SALE IN TESUQUE HERE

If you would like to know more about homes for sale in the Tesuque neighborhood, contact me, Karen Meredith, Prudential Santa Fe Real Estate, by e-mail or at (505) 603-3036.  For a free market analysis of what your Tesuque neighborhood home is worth, click here.  

Prices for homes in Tesuque currently range from the mid $400,000s to several million dollars.

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Santa Fe Market Report – The Tesuque – Chupadero Area

Santa Fe Market Report
Featuring The Tesuque/Chupadero Area


Active SFAR Listings
All Santa Fe Listings (6/08/11)
Residential: 2393
Residential Land: 1498
Farm & Ranch: 124
Commercial Land: 59
Multi Family: 38
Commercial Buildings: 173
Live/Work: 17


The Tesuque/Chupadero Area Snapshot


Days on Market (DOM)
The Tesuque/Chupadero Area – Residential Sold*


Selling Price: % of List Price
The Tesuque/Chupadero Area – Residential Sold*

BROWSE HOMES FOR SALE IN TESUQUE HERE

If you would like to know more about homes for sale in the Tesuque neighborhood, contact me, Karen Meredith, Prudential Santa Fe Real Estate, by e-mail or at (505) 603-3036.  For a free market analysis of what your Tesuque neighborhood home is worth, click here.  

Prices for homes in Tesuque currently range from the mid $400,000s to several million dollars.

Return to view more SANTA FE NEIGHBORHOODS