Welcome to Eldorado!

Eldorado, in Santa Fe, New Mexico, is home to some of the most sought-after real estate properties in the county. My name is Lisa Smith and I am a resident and a realtor in this community. I specialize in Eldorado homes for purchase. It is truly a unique community which offers something for everyone: hiking trails, biking, swimming, tennis, basketball, stables, soccer fields, dog park, children’s parks, a 4,000 acre nature preserve and more.

It’s just 20 minutes to the heart of Santa Fe and the art, culture and history our beautiful city offers as well as excellent year-round climate, gorgeous views, clean air and a variety of recreational activities.

There are 2,600 homes on 8,000 acres with about 6,000 residents. Singles, families, artists, couples, sports enthusiasts, writers, historians—you won’t meet a boring person, believe me! Residents have moved here to enjoy the peaceful atmosphere of Santa Fe or just enjoy the beauty of Eldorado.

The homes are primarily pueblo style with a few Northern New Mexico (pitched metal roof) style mixed in.

Eldorado’s Agora shopping center has restaurants, shops and mail services as well as a beautiful landscaped courtyard. Meet your neighbors on the patio at Copa de Oro.

Dues are an extremely low $300 a year and the county maintains the roads. Eldorado also has the top ranked Volunteer Fire Department in the state. Click on covenants for an explanation of the sensible rules and regulations. There are lots of photos to enjoy too.

I would not live anywhere else! Please let me know if you have any questions regarding this wonderful community or the real estate properties available in Eldorado. I would be happy to introduce you to your future home.

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Simply put, Lisa Smith managing the sale of my house was a gift that I will cherish the rest of my life.  Lisa is a woman of few words, and all action and results. She sold my house in one day. She managed every aspect of the escrow superlatively, informing me of actions needed, and always provided outstanding direction, with the most frequent comment being that she had already taken care of it.  It was the perfect escrow. We even closed a week early.  Lisa is one of the smartest, most capable and caring people I have ever encountered. I made a decision early on to just trust her 100%:  to follow her direction and advice without question. It was one of the best decisions I ever made.  She exceeded my highest expectations on a daily basis. There are not words to adequately praise Lisa Smith. And probably equally as valuable as her brilliant execution, Lisa has a heart of gold. My needs were truly No. 1.  It simply doesn’t get any better than Lisa Smith.
Robin Hale, Calabasas, CA

Eldorado Real Estate Report – Oct. 2016 – March 2017

Eldorado Real Estate Report – Oct. 2016 – March 2017

Sign up to receive the monthly Eldorado Real Estate Report and weekly Santa Fe Events Calendar.

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Here is the monthly Eldorado Real Estate Report covering the last six months from October 2016 through March 2017. Available homes for sale remain at historic lows. If you are considering listing your property, now would be an ideal time before the Summer selling season gets underway and more competition comes on the market. We are seeing a small uptick in the number of listings in the Spring, but no where near normal levels.

In March:

15 Active Eldorado Properties 

18 Homes Under Contract

10 Sold

– $184 was the average price per square foot in March. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. The smaller the house, the higher the price per square foot. This average has ranged from $175 – $188 in the last six months. Some properties sell for as low as $119 and as high as $250.

51 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days. This is down from 188 days in February. Homes sold quickly when priced correctly and prepared for sale. 

– 100% is the sales price vs. listing price for March. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 95% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive. This 100% figure takes into account that some homes sold above the listing price.

– 415K was the average listing price last month. The average sales price was 372K.

– 1.5 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood. 

If you would like to discuss the current state of the very active Eldorado market, or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Oct. 2016 – Mar. 2017)
Average Price per SQFT (Sold) (Oct. 2016 – Mar. 2017)
Avg Days On Market & Sold/List Price % (Oct. 2016 – Mar. 2017)
Average Price of For Sale and Sold (Oct. 2016 – Mar. 2017)
Months of Inventory Based on Closed Sales (Oct. 2016 – Mar. 2017)
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published April 2017, based on data available at the end of March 2017. All reports presented are based on data supplied by the Santa Fe MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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Best Sunset Views in Santa Fe

Best Sunset Views in Santa Fe

Best Sunset Views in Santa Fe

1
Cross of the Martyrs

Cross of the Martyrs

The 25-foot-tall reinforced concrete cross sits on top of Paseo de la Loma Hill in Fort Marcy Park and commemorates the 21 Franciscan priests and many more Spanish colonists who died during the Pueblo revolt of 1680. Easily accessible via a gently sloping staircase that starts on the eastern corner of Paseo de Peralta, the summit provides both a close-up of the adobe walls and giant cottonwood trees of downtown Santa Fe and giant vistas of the Jemez Mountains in the west beyond.

2
Santa Fe Scenic Overlook

Santa Fe Scenic Overlook

Start out a half-hour before sunset to give yourself time to drive the 18 miles up windy New Mexico 475 from Santa Fe through the towering Ponderosa Pines of Hyde State Park. The whole way up you’ll have ever-shifting views of the Sangre de Cristos ahead and the Jemez Mountains. At the Overlook, a parking area with a fence between the cars and a steep abyss a half-mile before you hit Ski Santa Fe, pull off to enjoy the massive western panorama.

3
Rooftop Pizzeria

Rooftop Pizzeria

On the top floor of the Santa Fe Arcade, Rooftop Pizzeria has a height advantage over other outdoor restaurants. Ask to be seated along the west-facing bar on the patio and you’ll have unhindered sunset views to the Jemez Mountains. Order the Number Four pizza (smoked duck, green pepper corns, spinach, basil, roast garlic, and four cheeses) on a blue corn artisan crust and a bottle of rosé.

4
Picacho Peak

Picacho Peak

Not many cities have an 8,577-foot peak out the back door. Don’t let the hour-long climb to the summit of Picacho deter you. This two-mile (one way) hike on a well-maintained trail is a fast track to joy—at the top, take your pick of two views: One overlooking the city, the desert, and Albuquerque’s Sandia Peak in the far off distance, the other overlooking the Jemez to the west and the forest-green, rolling carpet of the Sangre de Cristos to the northeast.

5
Atalaya Trail

Atalaya Trail

More popular than Picacho, Atalaya starts behind St. John’s College and is a straight 3.0-mile shot up to the 8,800-foot summit. It’s a lot of vertical—1,800 feet— in a short spurt, but the payoff is nice. On the top you’ll find a few slabs of west-facing rock—the ultimate place to watch the sun go down over Santa Fe.

Below is the link to the complete Travel + Leisure story about Santa Fe.

http://www.travelandleisure.com/local-experts/santa-fe/best-sunset-views-santa-fe


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Eldorado – Weakened by climate changes, piñons under attack

Eldorado – Weakened by climate changes, piñons under attack

Piñon needle scale covers a tree near Museum Hill on Monday. The tiny bugs make the needles brown and brittle. Luis Sánchez Saturno/The New Mexican

Black gnats swarmed at the base of an old, gnarled piñon tree. Many of its dark green needles had been drained of their color and pliancy and were pocked by tens of microscopic bugs. Brittle and tan, the needles broke easily between Mark Pennington’s fingers.

Pennington said he noticed the first signs of the piñon needle scale infestation last week and since has been spraying the old tree at the Agua Fria Nursery with water and a horticultural oil called dormant, trying to kill off the new generation of the scale before it can reproduce.

The piñon — the official state tree, known for its nuts and its distinctive aroma as firewood — is under attack again in Santa Fe because of New Mexico’s warming and drying climate, which can leave the tree vulnerable to bug infestation. It isn’t yet known how severe the problem may become.

“It’s definitely getting worse with a lack of winter cold and a lack of winter moisture,” said Pennington, whose family has owned the nursery on Agua Fría Street since 1975.

“If the weather continues to be warmer and drier, everything we are used to seeing here is going to change,” he said.

State scientists and local botanists say a number of signs indicate piñons in Northern New Mexico and other areas of the state are under increasing strain this year.

“Pine needle scale is all over Santa Fe,” said Scott Canning, director of horticulture for the Santa Fe Botanical Garden. “Last year, it was widespread; this year it is even more widespread,” he said.

Canning said pine needle scale goes after trees that are stressed from inadequate water or drastic fluctuations in temperature. “Our climate is warmer and drier than it was; certainly that is not up for debate,” he said.

The last incident of dramatic piñon die-off happened in 2013, when ips beetles attacked the trees during an extended period of drought, killing off millions of trees and leaving the brittle remains to become a widespread fire hazard. In 2002, the bark beetle preyed on drought-weakened piñons, decimating larger numbers of trees in Northern New Mexico and leaving wide gaps in tree cover along the foothills.

Canning said the best way to prevent scale from developing is to water piñons monthly during drought; if an infestation is in progress, he agreed that Pennington’s method — to routinely spray a tree with water or smother it with dormant oil — is the best way to kill off the bugs.

“The scale has been here; it is a not a newly introduced pest,” Canning said. “But right now, the conditions seem to be right for it spreading widely across Santa Fe.”

The first three months of 2017 are on track to be the third-warmest start of any year on record for Santa Fe and Albuquerque, according to meteorologist Randall Hergert with the National Weather Service in Albuquerque. He said forecasts for the coming months point to higher-than-average temperatures and drier conditions, which can lead to evaporation of snowpack, diminishing the amount of runoff and impacting vegetation.

“New Mexico is not in any abnormally dry c0ondition [now], but that is likely to change,” he said.

Driving through the foothills of Santa Fe, the piñons are highlighted in a flaxen hue, as if they’ve been tanned by the sun in uneven clumps. Up close, many are dotted with the black scale females eating away at the sap in the pine needles; the males are winged. When they mate, they coat the piñon bark in white film, like dryer lint. But that won’t be visible until later this spring.

The yellowing of the needles is the result of die-off created by infestation last year, which also saw a low-moisture spring season. It is also indicative of a pattern, said Carol Sutherland, an entomologist at New Mexico State University.

“It looks like you could just scratch [the scale] off with your fingernail, but there are millions and millions and millions on your tree,” she said. “If it doesn’t look good this year, it’s not going to look good next year.”

Cold years can snuff out piñon needle scale and other insidious bugs, but in warmer years, they are more likely to thrive, she said.

Natalie Goldberg, head of the Extension Plant Sciences Department at NMSU, said piñons should be green right now with full, bushy branches of needles.

“We have fooled ourselves, to some degree, with thinking native plants can’t be stressed in a native environment,” she said. “But when that environment changes from what is considered normal, those plants can be stressed.”

While the trees can survive on between 6 and 8 inches of water, parts of the state have consistently received less than 3 inches annually.

She says a tree can recover from a single year of premature needle drop (when the piñon needles fall in the spring instead of the fall) but year after year, the trees lose their ability to grow new needles and become more susceptible to disease and insect infestation.

A study published in 2015 and conducted in part by scientists at Los Alamos National Laboratory found that an increasingly warm and dry climate in the Southwest, consistent with global warming, would lead to widespread piñon and juniper tree death in New Mexico by 2050 and could entirely wipe out the population by 2100.

“We have had long periods of drought that have taken its toll over time,” Goldberg said. “Whether or not that is part of a larger change in the ecosystem, I am not really qualified to say.”

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Eldorado Real Estate Report – Sept. 2016 – February 2017

Eldorado Real Estate Report – Sept. 2016 – February 2017

Here is the monthly Eldorado Real Estate Report covering the last six months from September through February 2017. Available homes for sale are at historic lows and have been for a few months. If you are considering listing your property, now would be an ideal time before the Spring and Summer selling season gets underway and more competition comes on the market.

In February:

14 Active Eldorado Properties 

12 Homes Under Contract

11 Sold

– $173 was the average price per square foot in February. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. This average has ranged from $175 – $188 in the last six months. Some properties sell for as low as $119 and as high as $250.

188 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days.

– 95% is the sales price vs. listing price for February. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 95% – 98% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive.

– 399K was the average listing price last month. The average sales price was 338K.

– 1.3 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood. 

If you would like to discuss the current state of the Eldorado market, or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Sep. 2016 – Feb. 2017)
Average Price per SQFT (Sold) (Sep. 2016 – Feb. 2017)
Avg Days On Market & Sold/List Price % (Sep. 2016 – Feb. 2017)
Average Price of For Sale and Sold (Sep. 2016 – Feb. 2017)
Months of Inventory Based on Closed Sales (Sep. 2016 – Feb. 2017)
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published March 2017, based on data available at the end of February 2017. All reports presented are based on data supplied by the Santa Fe MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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Eldorado Real Estate Report – Aug. 2016 – Jn. 2017

Eldorado Real Estate Report – Aug. 2016 – Jn. 2017

Here is the monthly Eldorado Real Estate Report covering the last six months from August 2016 to January 2017. The inventory of available homes for sale is very low. If you are considering listing your property, now would be an ideal time.

In January:

12 Active Eldorado Properties 

13 Homes Under Contract

19 Sold – this is the ONLY time in the last 13 years there were more solds than active properties. (That is how far back the MLS data goes)

– $175 was the average price per square foot in January. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. This average has ranged from $175 – $190 in the last six months. Some properties are as low as $119 and as high as $250.

166 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days.

– 97% is the sales price vs. listing price for January. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 97% – 98% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive.

– 414K was the average listing price last month. The average sales price was 363K.

2 WEEKS of Inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. This is extremely low. If you or someone you know is considering listing, and are waiting until the Spring, remember there will be more competition. Price it right and sell it now. 

If you would like to discuss the current state of the Eldorado market, or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Aug. 2016 – Jan. 2017)
Average Price per SQFT (Sold) (Aug. 2016 – Jan. 2017)
Avg Days On Market & Sold/List Price % (Aug. 2016 – Jan. 2017)
Average Price of For Sale and Sold (Aug. 2016 – Jan. 2017)
Months of Inventory Based on Closed Sales (Aug. 2016 – Jan. 2017)
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published February 2017, based on data available at the end of January 2017. All reports presented are based on data supplied by the Santa Fe MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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2016 Eldorado Real Estate Report

2016 Eldorado Real Estate Report

Hello All and Happy New Year!
This Eldorado Real Estate Report will compare 2016 sales data with 2015. We live in a popular spot – and residents continue to relocate to Eldorado from all over the U.S. as well as sometimes beyond.
 
IN 2016:
Eldorado inventory of homes for sale is at an historical low. While the number of buyers is fewer now than other times of the year, winter shoppers are serious.
  • 168 properties sold in Eldorado in 2016. In 2015, 147 sold, 21 more homes sold in 2016.
  • 16 homes on the market in December. 15 went under contract and 14 closed/sold. Very busy for a December..
  • $187 was the average price per square foot in December. This has ranged from $151 to $190 last year. This largely depends on the size, finishes, age, condition etc..so this is not always a definitive measure of property value. Average price per sq. ft. in 2016 was $180, in 2015 it was $178 – so not a dramatic change there.
  • 163 were the average days on the market for December. In 2016, the average was 115, for 2015 it was 125 days. This number includes the 14 to 60 day escrow process as well, once a seller has accepted a contract.
  • 98% is the percentage of sales price vs. listing price. This refers to the listing price when the offer was made and accepted, not necessarily the original listing price. This has ranged from 97% – 100% for 2016. Essentially the same for 2015.
  • 432K was the average listing price in December. The highest for the year.
  • 231K was the average sales price in December – oddly the lowest of the year, which means there were a greater number of inexpensive properties sold that month.
  • 1.1 months of inventory – which means the length of time it would take to sell all the listed homes in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market.
Questions or concerns? Or would like to discuss the current state of the real estate market in Eldorado, please feel free to call or email me.
Number of Homes For Sale vs. Sold vs. Pended (Jan. 2016 – Dec. 2016)
Average Price per SQFT (Sold) (Jan. 2016 – Dec. 2016)
Avg Days On Market & Sold/List Price % (Jan. 2016 – Dec. 2016)
Average Price of For Sale and Sold (Jan. 2016 – Dec. 2016)
Months of Inventory Based on Closed Sales (Jan. 2016 – Dec. 2016)
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published January 2017, based on data available at the end of December 2016. All reports presented are based on data supplied by the Santa Fe MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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Lisa Smith SOLD DATA

Address

6 Vista Grande Dr.
4 Azul Loop
2 Sabroso Place
7 Estacada
7 Camerada
22 Abanico
3 Baya
54 Calle Alexia
3 Casa del Oro Loop
35 Condesa
6 Enebro Ct.
11 Rancho Magdalena
6 Verano Loop
6 Fonda Rd.
30 Cresta Pequena
5 Antigua Rd.
41 Condesa Rd.
1 Gaviota Rd.

Listing Price

468,000
450,000
599,000
249,000
428,000
399,000
275,000
649,000
245,000
525,000
367000
1,700,000
255,000
298,000
435,000
445,000
425,000
435,000

Seller/Buyer

Seller
Seller
Seller
Seller
Seller
Seller
Seller
Seller
Seller/Buyer
Seller
Seller/Buyer
Buyer
Buyer
Buyer
Buyer
Buyer
Buyer
Buyer

TOTAL $8,647,000

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Eldorado Real Estate Report – June – Nov. 2016

Eldorado Real Estate Report – June – Nov. 2016

Sign up to receive the monthly Eldorado Real Estate Report and weekly Santa Fe Events Calendar.

  • optional
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Here is the monthly Eldorado Real Estate Report covering the last six months from June to November 2016. The Eldorado market is busy and looks like it will be well into 2017. Prices are ticking up, but not drastically.

In November:

25 Active Eldorado Properties 

21 Homes Under Contract

15 Sold

– $181 was the average price per square foot in November. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. This average has ranged from $178 – $190 in the last six months. Some properties are as low as $125 and as high as $250.

114 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days.

– 97% is the sales price vs. listing price for November. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 97% – 99% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive.

– 418K was the average listing price last month. The average sales price was 395K.

– 1.7 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood. 

If you would like to discuss the current state of the Eldorado market, or have questions about this beautiful neighborhood, please let me know.

TrendVision TM

Published December 2016*

Prepared for you by: Lisa Smith

Number of Homes For Sale vs. Sold vs. Pended (Jun. 2016 – Nov. 2016)
Average Price per SQFT (Sold) (Jun. 2016 – Nov. 2016)
Avg Days On Market & Sold/List Price % (Jun. 2016 – Nov. 2016)
Average Price of For Sale and Sold (Jun. 2016 – Nov. 2016)
Months of Inventory Based on Closed Sales (Jun. 2016 – Nov. 2016)
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published December 2016, based on data available at the end of November 2016. All reports presented are based on data supplied by the Santa Fe MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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Lisa Smith reviews

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Reviews on Zillow
2967612
"Lisa is competent and professional. She knows her facts or will quickly find out. She is in close communication with her clients -always in a pleasant ... more "
5.0/5.0
by suzannewolinsky
2966854
"Lisa Smith (Santa Fe Properties) was extremely helpful throughout the escrow period. She sent me an e-mail of the property on October 29th. By ... more "
5.0/5.0
by Peter Sitz
2909280
"Lisa helped us sell a home with a challenging layout. She kept us motivated and through her networking skills, helped us to sell! She is a "no ... more "
5.0/5.0
by newmexico chile

Eldorado Studio Tour

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