You are currently browsing the tag archive for the ‘Las Campanas’ tag.
People have a vision of Las Campanas, the community in the northwest of Santa Fe, as a place for elegant, multi-million dollar homes. And it is – but a rece
nt trip there showed how much more it is, and I for one will be showing it to a much broader client base this year. The amenities at Las Campanas are stunning – two 18 hole golf courses, an equestrian center, a very impressive clubhouse, fitness center, swimming pool, hiking trails….
- Land: I have a lovely 1.6 acre lot for $199,000
, and there are other great building lots from around 1.5 acres up to 10 acre, horse-friendly lots. All these lots are well positioned, with pre-defined building envelopes and a tried-and-tested group of builders who understand the requirements of Las Campanas and the best way to take advantage of the fabulous views.
- Homes: What I saw this week was a new Las Campanas price point, from around $650,000. Well-designed, highly finished homes with great golf course, lake and mountain views.
One of the builders, Infill Solutions, has several floor plans available, some with small guest house and great view lots.
Infill’s 2200 sq ft home, including guest house, is around $720,000.
Next door another builder offers a first for Las Campanas, 2 story homes. There’s a variety of finishes and floor plans, and the two story units have a unique mini-elevator! So those who are thinking of a retirement place, but ruling out a second story because of the ol’ knees can think again! 2500 sq ft homes with 2 stories are priced at around $775,000.
Now, we can consider Las Campanas from $199,000, through $700,000 to $1.5 million (like this charming property) and up. I look forward to introducing many of you to Las Campanas in 2008!
The Q4 report from the Santa Fe Association of Realtors is out today. It shows a drop in home sales across the board (almost) and a drop in the town’s median selling price. The homes that are selling are realistically priced, and the people that are buying are better qualified, with better credit scores. Points up the value of being prepared, as a buyer or seller, for the new marketplace. The report is attached.
An exception to the gloom is the Northwest (las Campanas and environs) where higher priced homes outsold their 2006 level. One reason for the increasing volume there is that relatively suddenly it’s become an area of great value. Over the next year that value proposition will increase, with homes in the $600,000 range coming online. Santa Fe 2007 FourthQuarter.doc
