Luxury Homes and Real Estate - Sotheby’s International Realty

Very desirable location a few blocks from the Plaza has astounding views of City Lights and the Sangre de Cristo Mountains . . .

Price: $659,000
MLS: 201201987
Status: Active
Class: Residential
Area: 1-SF City Limits NE
Bedrooms: 2
Baths: 2
Guest House: No
Fireplace: Yes
Total Sqft: 2750

Very rare and desirable offering downtown only a few blocks from the Plaza has Amazing Views! The City Lights are Spectacular, and you’ll see remarkable vistas over Santa Fe to the Sandia and Ortiz Mountains as well as gorgeous views of the Sangre de Cristos! Relax in this beautiful two bedroom, two bath residence with bountiful light in an open concept living room, kitchen, and dining room/sun room. See over the Plaza to the Cathedral and other landmarks downtown and enjoy incredibly romantic dinners overlooking the Santa Fe City Lights! Traditional Santa Fe style features include viga and plank ceilings, Saltillo tile floors, plaster walls, bancos, and nichos. The very functional and light kitchen has a big commercial Wolf range, SubZero refrigerator, and plenty of counter work space. This four-home compound is historically situated under the original Cross of The Martyrs and has a very large off-street parking area for plenty of owner and guest parking. Outdoor living is delightful in the lush park-like walled grounds! While City water serves the dwelling, there is also the uncommon and exceptional benefit of a shared Pre-Moratorium well for landscape watering! Additional amenities include a big fireplace, skylights, and evaporative air conditioning. Not often is such a great opportunity available so close to the Plaza with such astounding views! Photography depicts the home as previously furnished.  Click here for more photos and information.

Pied a Terre built by Sharon Woods with the utmost in Pueblo Revival Santa Fe Style . . .

Price: $649,000
MLS: 201201992
Status: Active
Class: Residential
Area: 1-SF City Limits NE
Bedrooms: 2
Baths: 3
Guest House: No
Fireplace: Yes
Total Sqft: 2094

This Pied a Terre with the utmost in Pueblo Revival Santa Fe Style is just two blocks from the Historic Plaza! Designed by Blaine Young and built by Sharon Woods in 1984 this wonderful residence in the beautiful Magdalena Compound has an elegant yet very comfortable feeling. Extra thick adobe walls, brick and hardwood flooring, beamed and viga with plank ceilings, gorgeous lighting fixtures, lovely bathrooms, and a newly remodeled kitchen with knotty Alder cabinetry, dazzling granite counters, and stainless steel appliances are hallmarks of this two bedroom, two and a half bath home. Deep divided light windows and Sombraje shutters add to the southwestern ambiance. There are three outdoor areas for your enjoyment as well: a landscaped patio off the dining room for the grill with room for some seating; a large walled front courtyard, also with access from the living room; and a very nice deck upstairs with some views of the Sangre de Cristo Mountains. The master bedroom has a peak at the Sangres as well. This marvelous dwelling is right downtown with so many of the incredible amenities for which Santa Fe is so well known; museums, art galleries, shopping, and fabulous fine dining!  Click here to view more information and photos.

This comfortable home in very nice condition with great living spaces inside and out is once again available to see; excellent location close in town on one acre with beautiful landscaped walled yard in the Sol  y Lomas neighborhood . . .

Price: $479,000
MLS: 201104915
Status: Active
Class: Residential
Acres: 1.02
Area: 3S-SF City SE South
Bedrooms: 3
Baths: 2
Garage: 2
Guest House: No
Fireplace: Yes
Total Sqft: 2500

This comfortable three bedroom residence on one acre in the Sol y Lomas / Arroyo Chamiso neighborhood is in very nice condition and has wonderful living spaces indoors and out. Interesting architectural details create a great feeling in the home, which features kiva fireplaces in the living room, kitchen, and master bedroom and includes a formal dining room, an office with bamboo flooring, and a spacious garden room with a small pond. While the Santa Fe style characteristics like vigas & beams and brick & tile floors give a traditional touch, the remodeled master bath is art deco that will make you smile! There is a walled and landscaped courtyard with hot tub that’s accessible off the garden room and office, and the beautifully landscaped yard and portal provide delightful outdoor living. New stucco in September 2011, and the roof and boiler have both been replaced within the last few years. There is also a fenced gopher-proof garden for the agriculturally minded. Close to the hospital and near downtown yet with a bit of a rural setting, this property is sure to please.  Click here for more photos and information.

New price on this fabulous 12.5 acre gated estate with main house, guest casita, great outdoor living with beautiful swimming pool and cabana, huge portals, wonderful mountain views, amazing sunsets, and sparkling City lights . . .

Price: $3,795,000
MLS: 201005922
Status: Active
Class: Residential
Acres: 12.5
Area: 1-SF City Limits NE
Bedrooms: 4
Baths: 8
Garage: 3
Guest House: Yes
Fireplace: Yes
Main House Sqft: 7400
Guest House Sqft: 500
Total Sqft: 7900

One of the finest properties in Santa Fe, this residence by preeminent builder Doug McDowell boasts superb hand-crafted finishes and great attention to detail. Perfectly sited on a promontory not far from the historic Plaza, it looks out to magnificent mountain views, awe-inspiring sunsets, and sparkling City lights. The 7,400 square foot home is classic Pueblo Revival style and features a large living room, spacious family room, library, fabulous kitchen, formal and casual dining, guest wing with living area, kitchenette, and two bedrooms each with their own bath, a luxurious owner’s suite with his and her bathrooms, his and her walk-in closets, and private portal. There are two powder rooms and a generous laundry room. Beautiful hand-trowelled smooth plaster walls, gorgeous flagstone and hardwood floors, and eleven fireplaces contribute to a warm ambiance. Features also include an audio/video wiring system, radiant floor heat, air conditioning, and a large heated three-car garage. Outdoor living spaces are delightful with over 3,000 square feet of portals off the living room, family room, kitchen, master bedroom, and front entry, and are also comprised of lovely landscaped grounds and an exquisite swimming pool, hot tub, and cabana with powder room. A charming one-bedroom casita with full bath is a short walk from the main house. This gated 12.5 acre estate and impeccable residence flawlessly combine elegance and sophistication with the informal Santa Fe lifestyle. Photography depicts previous furnishings in the home.  Click here for more photos and information.

42 San Sebastian Rd
Price: $895,000
MLS: 201201747
Acres: 5.65
Area: 7-Old Las Vegas Hwy
Bedrooms: 3
Baths: 3
Garage: 2
Studio: Yes
Guest House: No
Fireplace: Yes
Main House Sqft: 3500
Studio Sqft: 1700

A superb and classic example of Pueblo Revival architecture, this circa early 1900’s hacienda has been completely refurbished and remodeled in 2007. Thick adobe walls, six fireplaces, gorgeous flagstone floors and stone baseboards, plaster walls, traditional viga/split cedar latilla ceilings, and a fabulous big portal are hallmarks of this exquisite two bedroom, two bath residence. Wonderful living spaces include a formal dining room, family room, den/library, and sun room. The kitchen has hickory cabinets, custom tile, Wolf range, a copper sink, and pantry. Cozy master bedroom and master bath with antique wood and sombraje cabinets, jetted tub and fireplace, separate shower, and beautiful nautilus inlays in the plaster walls. Enjoy fireplaces in the family room, dining room, den, master bedroom, master bath, and one outdoors. The huge professional art studio is amazing and includes another bedroom and full bath. A Vitodens super high efficiency gas-fired wall-mounted condensing boiler that heats domestic hot water and the in-floor radiant heating along with the double adobe exterior walls and a double roof all foamed over for incredible insulation all contribute to greatly mitigate utilities expenses. Finished heated two-car garage plus extra storage. Beautiful private wooded view setting with great landscaping just minutes from Santa Fe!

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This striking 2 year old residence will delight with gorgeous finishes, light open spaces, picturesque mountain views, and very pleasant outdoor living areas.

105 Avenida Aldea
Price: $495,000
MLS: 201104741
Acres: 0.22
Area: 25S- NW Quadrant-S
Bedrooms: 3
Baths: 3
Garage: 2
Guest House: No
Fireplace: Yes
Total Sqft: 2470

This contemporary Santa Fe style home will delight with gorgeous finishes, light open spaces, picturesque mountain views, and very pleasant outdoor living areas. Built in 2010 this striking residence features diamond plaster walls, custom viga-beam and herring bone wood ceilings, tile, travertine, and wood flooring, eye-catching doors, two Kiva fireplaces, and three walled outdoor living areas with portals, flagstone and brick patios, and lovely low-maintenance gardens and landscaping with beautiful rockwork. Enjoy a great kitchen with granite counters, attractive cabinetry, JennAire stainless steel appliances, pasta spout, pantry, and reverse osmosis water purification. The very comfortable master suite has a luxurious bath with jetted tub, big walk-in shower, and incorporates large his and her closets. All the bedroom closets have built-in apparel storage. The home also includes a wine refrigerator, an advanced security system, low emissivity windows, finished two-car garage with metal shelving, nice laundry room with storage, and French doors to outdoor spaces which have motion lighting. This appealing like-new home has a wonderful feeling, elegant yet relaxing, resembling the Santa Fe lifestyle and is a very short drive to the historic Plaza and the many amenities downtown. The furniture package is also available.

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Stunning Views, Fabulous Sunsets & Sparkling City Lights! Large residence in the tall pines off Old Santa Fe Trail only 15 minutes from downtown.

25 Mountain Top Rd
Price: $399,000
MLS: 201003709
Acres: 3.46
Area: 26-SE of City Limit
Bedrooms: 3
Baths: 3
Garage: 1
Guest House: No
Fireplace: Yes
Total Sqft: 4470

Phenomenal Views, Extraordinary Sunsets, and Sparkling City Lights! You’ll find stunning panoramic views over Santa Fe to the Jemez Mountains, La Barbaria Canyon, the Ortiz and Sandia Mountains, and the Galisteo Basin from this spacious tri-level mountain residence of 4470 square feet on 3.46 acres in the southeast foothills of the Sangre de Cristo Mountains off the Old Santa Fe Trail less than 15 minutes from the Plaza and historic downtown. This attractively remodeled home needs attention, and the project will entail repairs and servicing deferred maintenance; however it’s a great property! Very light and has lots of room with large open living spaces, handsome Oak wood flooring, beam and wood plank ceilings, an appealing greenhouse entry, and a great kitchen with plenty of work space, Corian counters, tumbled marble tile, slate flooring, Thermador range, LG refrigerator, Bosch dishwasher, small U-line refrigerator, purified drinking water, and insta-hot water. It also features a formal dining room, beautiful bathrooms with tumbled marble, and a very large master suite that encompasses the entire uppermost level with breathtaking top-of-the-world views, a tree-top deck, large walk-in closet with washer and dryer, and a luxurious bathroom with a double shower with multiple sprays and steam, and a big jetted tub with an amazing view. The dining room, kitchen, and family room have lots of windows with spectacular views. One level could be a guest house or studio; it’s plumbed for a kitchen and has a three quarter bath plus an additional room for office/library/media. It has big windows with impressive views, recycled redwood, herringbone split cedar and viga ceiling, plaster walls, and ceramic tile floors. Amenities also include radiant in-floor heating, solar panel system to preheat domestic hot water and radiant heating system, a 2500 gallon back-up water storage tank, multi-flo septic system, and a new roof in 1999. There are numerous decks including one with incredible views off the family room. The second bedroom with full bath leads to another delightful deck with wonderful mountain views over La Barbaria Canyon and two small lakes. The grounds offer lovely outdoor living with flagstone patios, pretty landscaping, and extensive rock work. Enjoy endless hiking from this dramatic location in a picturesque and peaceful setting with gorgeous rock outcroppings amidst tall Ponderosa pines. Owner Financing possible with 25% down at 6.5% interest.

Click here for more info, photos & virtual tours

By Abigail Davidson, Associate Broker, CRS, ABR, SRES, CLHMS, Sotheby’s International Realty

The following information has been compiled to provide you with updated information on sales in Santa Fe and its surrounding areas from February 1, 2012, to February 29, 2012.  These statistics are for all residential home sales including single-family homes, condos and townhomes.

There were a total of 93 home sales during this time period ranging in price from $70,875 to $1,750,000. The number of sales this month was slightly higher at 93 homes sold compared to 91 homes sold in January 2012.  Total sales volume for February was $40,152,964 up $3,126,333 from January.

The average sales price of $431,752 for February was slightly higher than $406,886 for the month of January.

Homes on the market for more than 120 days sold for an average of 92.37 percent of list price at the time of sale and accounted for 68 percent of all sales. There were no homes sold in 30 days or less. Ten homes sold in 60 days or less.

Interestingly, showings are down for this month compared to the same month last year; however, sales are slightly up.

The average number of days on the market in February increased slightly to 228 from 196 for the month of January.  Here is how the number of sales per price-band reported in this month:

•    57 homes sold for under $350,000
•    9 homes sold from $350,000 to $500,000
•    21 homes sold from $500,000 to $1,000,000
•    6 homes sold from $1,000,000 to $2,000,000

By Arturo Delgado, Communications Manager, CHRISTUS St. Vincent Regional Medical Center

CHRISTUS St. Vincent Regional Medical Center recently became the first center in New Mexico to offer three weight-loss surgical solutions for what we are confident will be the beginning of a lifetime commitment to a healthier community.

This investment in our community has resulted in three surgery options for patients who qualify. These include: Laparoscopic Gastric Bypass Surgery, Laparoscopic Gastric Banding (Lap Band), and Laparoscopic Sleeve Gastrectomy.

For patients choosing Laparoscopic Gastric Bypass Surgery and Laparoscopic Gastric Banding (Lap Band) surgery, this means they no longer have to travel out of state to receive these highly specialized procedures.

This new program focuses on a team approach made up of dietitians, psychiatrists, exercise physiologists, gastroenterologists,  and pulmonary and sleep physicians in addition to the surgeon and program coordinator. Each member is dedicated to the team concept and is here to support you through this lifestyle change.

Weight-loss surgery may be done to help you lose weight if you are very obese and have not been able to lose weight with diet and exercise.

Surgery alone is not the answer for weight loss. It can train you to eat less, but you still have to do much of the work. You must be committed to diet and exercise after the surgery. Talk to your doctor to determine if this is a good option for you.

CHRISTUS St. Vincent Regional Medical Center, the largest private employer in Santa Fe County, contributes a significant number of home owners, sellers and buyers to our real estate market and is being profiled as part of the All Things Real Estate “Unique Destinations” series.

By Steve Riemann, Santa Fe Area Manager, Fidelity National Title Insurance Co.

My wife keeps many of her older clothes for a good reason— given enough time, they will come back into style again. The same could be said for real estate trends—given enough time, the trend will likely repeat itself.  The wise person recognizes the trends, looks for the signs to indicate where we are headed next, and makes the opportune decision.

In the early 1990s, I did a study of the incredible volume of refinances we were closing.  More than 60 percent of them were shortening the term of their notes—not by taking equity out of the properties as we did in the early 21st century, but by living with their existing payments and shortening the term from 30 years to either 10- or 15-year loans. It led to one of the most stable real estate decades in history, with appreciating prices, balanced inventories and tremendous equity growth.

A recent study shows a drop in traditional 30-year mortgages and a huge increase in 15-year notes. The share of 30-year MBS (mortgage-backed securities) in total Fannie and Freddie fixed-rate MBS has declined from 80-87 percent in 2009 to only 59-64 percent in the second half of 2011.  Further,  the typical refinancing homeowner has been in their house on average between four and five years, whereas refinancing
owners in 2003 had only been in their homes on average one to two years.

So where are we going? Back to an era of stable house-holding, equity growth and price appreciation? With typical homeowners staying longer in their homes, and inventory draining because of the lack of new construction, what does the future hold? No one knows for sure, although I am finally getting rid of my old, polyester Nehru jackets.