2013 was a Year of Slow, Steady Progress for Santa Fe

St. Francis Cathedral

St. Francis Cathedral

This article originally appeared in The New Mexican on December 30, 2013 and is syndicated from The New Mexican.

By Bruce Krasnow, The New Mexican, December 30, 2013

Except for the stock market, nothing else bounced in the Santa Fe business community this past year.  But for most entrepreneurs, job seekers and homebuyers, 2013 was a year of slow and steady progress. There were more home sales, new renovation and change downtown, and a healthy tourism industry that filled more hotel rooms and restaurants.  Job and income growth, however, are still lacking in New Mexico as the state economy is still tethered to federal government hiring and spending — and that is not likely to change in the coming year.

Here are the ups and downs of the 2013 business year in Santa Fe:

Residential real estate

With December numbers still to be counted, it is almost certain that 2013 will bring the most residential home sales in Santa Fe County since 2007. The lower end of the market was especially strong, with more than 100 sales per month for homes under $500,000 — a seven-year high. In the higher-end market, sales picked up in October, and the year saw the most $1 million-plus sales since 2008, according to data provided by Alan Ball of Keller Williams Santa Fe.

At the end of the third quarter, the Santa Fe Association of Realtors reported that year-to-date home sales were up 8 percent, while the total dollar volume of sold real estate in the third quarter rose 18 percent to $187 million from $158 million.

“Do you hear that hum,” the association wrote in October. “That’s the delightful sound of normalcy: Buyers are buying, sellers are selling. Sure this varies from region to region, even city to city, but by and large things are returning to normal.”

Though more homes are selling, it isn’t necessarily the case that prices have climbed. In the 12-month period ending in October, for instance, New Mexico was the only state to see a price decline, although it was a slight 0.5 percent, according to CoreLogic, a firm that tracks real estate trends.

“The consensus is growing that prices bottomed in February of last year. The rebound has been strongest in the Western states — primarily California, Nevada and Arizona. That said, of the 100 distinct markets that CoreLogic measures, 99 showed year-over-year gains. Only New Mexico reported a drop,” wrote the website marketrealist.com on Dec. 4.

Construction

Most of the construction activity in 2013 was in the non-residential sector, which is seeing a 40 percent growth in permitting activity from a year ago, according to McGraw Hill Construction. A good chunk of that is probably the result of two large downtown hotel projects — La Fonda’s renovation and the Drury Hotel project on Paseo de Peralta between Alameda Street and Palace Avenue.

Smaller developments on Cerrillos Road brought a new CVS pharmacy and Ashley Furniture store as well as the continued development of Las Soleras, where a McDonald’s and Starbucks took shape across from the Wal-mart Supercenter.

On the horizon for 2014 will be a string of health care-related projects: an outpatient clinic by Presbyterian Healthcare Services on St. Michael’s Drive; a new Veterans Affairs outpatient clinic at Las Soleras and a south-side primary care center by Christus St. Vincent Regional Medical Center.

The main Christus hospital on St. Michael’s Drive also is committed to more renovation as it converts patient rooms to single occupancy and is planning an expansion of its intensive care and cardio care units.

All eyes will also be on the main U.S. Post Office in downtown Santa Fe to see what happens to the 30,000-square-foot space. Postal Service administrators said they were negotiating with a new landlord — one possible location is the old Borders space in Sanbusco Market Center — but were not prepared to release further details, a spokesman said in early December.

If the post office relocated, that would leave a large vacant space in the federal building, just a block from the now-empty state District Court building on Catron Street, which is owned by Santa Fe County.

The downtown retail landscape also saw a big change this fall with the closing of the longtime Packard’s on the Plaza store. The new owners, Scott and Karen Malouf, opened a new retail business in the space during Thanksgiving week.

Tourism and hospitality

The biggest positive note on the jobs front was the resurgence of the leisure and hospitality sector — both in Santa Fe and statewide — as renewed interest in cultural tourism and the Breaking Bad cable series sparked increased interest in New Mexico.

The tangible results have been tourism growth — hiring in the sector has now surpassed prerecession levels — and hotel occupancy levels are ahead of last year.

Statewide, occupancy reached 61 percent through November, up from 59 percent a year ago. In Santa Fe, yearly occupancy stood at 64.8 percent at the end of November, up from 59.8 percent a year ago, according to the Rocky Mountain Lodging Report.

Finally, the city of Santa Fe has seen a rebound in the amount of gross receipts tax it collects from economic activity. The tax is the broadest measure of local spending by both residents and tourists, and captures everything from retail purchases to contract work, private tutoring, art purchases and real estate commissions. In the first six month of the 2013-14 fiscal year, GRT collections are up almost $3 million from a year ago, a 6.7 percent boost.

Better still, for the first time the revenue is tracking about where it was for the first six months of the prerecession 2007-08 fiscal year.

“The fact that the increases are spread out over almost the entire range of categories is a good sign for the overall improvement of the local economy from a year ago,” city Finance Director Marcos Tapia said in an email. “We know there was concern about the possible impact of the 16-day federal furlough in October, but if it affected us, it is hard to identify in these numbers.

“While the trend this fiscal year has been surprisingly strong, the February GRT report containing Christmas and Holiday spending will still be of major importance since that is consistently the largest monthly GRT amount of the year.”

 

Conde Nast Readers name Santa Fe No. 2 in Top 10 U.S. Cities list, November, 2013

St. Francis Cathedral Basilica, Santa Fe, NM

St. Francis Cathedral Basilica, Santa Fe, NM

Conde Nast announced its 2103 Reader’s Choice Awards and wrote the following:

Our readers found Santa Fe to be “pure magic;” a “heaven where souls vacation.” Their love bumped it from last year’s spot at No. 4 on this
list. “Go for the atmosphere, architecture, food, and open spaces,” said one reader, or “take a whole day to explore the galleries.”

What Other People Are Saying About Santa Fe

Santa Fe is a world class destination market.  With a rich culture history, fanstastic art museums and galleries, abundant natural beauty, an internationally renowned opera and some of the best and most unique dining available anywhere, there’s something for everyone to experience and enjoy.  Read more about what makes Santa Fe, the City Different, so special and start planning your next visit today. Maybe like so many other visitors, you’ll also fall in love with this unique city and decide to make it your next home!

What other people are saying about Santa Fe:

 

 

 

Beautiful 3 bedroom/2 bath gem in Eldorado – Just $419,000

14 Recado Road picture14 Recado Road, Santa Fe, NM  87508

3 bed, 2 bath, 2,145 square feet on 1.2 acres

Listing Agent, Karen Meredith, Keller Wiliiams Realty, (505) 603-3036

MLS #201304604, Offered at $419,000

Beautiful open, sun-filled pueblo style home on a green belt. Spacious high ceiling living room, dining room and eat in kitchen are perfect for entertaining large groups of people.

Recado Courtyard EntranceTwo covered portals, one off the kitchen and one off the master bedroom face a gorgeous peaceful, private garden. Recado Back Yard Garden is designed to be low maintenance with underground drip irrigation.  Split bedroom floor plan with private master suite and generously sized guest bedrooms.  3 car garage.  Loads of Santa Fe style with vigas, beams with corbels, plastered walls, beautiful tile, 2 kiva fireplaces and entry courtyard.

For more information about this property, please contact Karen Meredith, Keller Williams Realty, (505) 603-3036 to schedule a showing!

You can read more about the Eldorado neighborhood in my Santa Fe neighborhood profile of Eldorado under the Santa Fe neighborhood tab.

 

Santa Fe Neighborhoods – Focus on Las Campanas

Las Campanas

Las Campanas

Located 10 miles northwest of the Plaza on a high plateau overlooking the Santa Fe Valley, Las Campanas  is a master-planned residential community containing 1,717 home sites spread over approximately 4,730 acres.  Las Campanas was developed by Lyle Anderson in the 1980s as a luxury, amenity laden development and was a part of his golf course resort empire, which included Desert Highlands and Desert Mountain in Scottsdale, AZ, Superstition Mountain near Phoenix, AZ,  Hokuli’a in Hawaii and Loch Lomond Golf Club in Scotland.

Golf course at Las Campanas

Golf course at Las Campanas

Las Campanas has two Jack Nicklaus Signature Golf Courses, the Sunrise Course built in 1993 and the Sunset Course built in 2000, an Equestrian Center, a full service Spa and Tennis Center and the Hacienda Clubhouse.  Enjoying magnificent views of the Sangre de Cristo, Jemez, Ortiz and Sandia mountains, this gated community is a favorite destination for golfers, tennis players, horseback riders and owners that want to enjoy a peaceful and serene southwestern lifestyle.  Bright sunshine, dry, cool mountain air and spectacular sunrises and sunsets are features of daily life here.

There are 17 distinctive neighborhoods in Las Campanas, which are generally divided up into various areas termed “Estates”.  The lower number Estates generally tend to be closer to downtown, while the higher numbered Estates tend to be further away.  Depending on where you are in Las Campanas, it is about a 15 to 25 minute drive to downtown Santa Fe.

Las Campanas homes are built in a variety of architectural styles, including Spanish pueblo, territorial, contemporary, ranch, log cabin and northern New Mexico pitched roof.   Homes range from approximately 1,600 square feet to over 12,000 square feet in size and are generally one level.  The majority of homes are between 3,000 square feet and 5,000 square fett in size.  Lot sizes range from approximately ¼ acre sites to over 5 acres and prices range from the low $400,000s to over $10 million.

The Design Review Board at Las Campanas helps to maintain consistency in the aesthetic character of the neighborhoods. Courtyards, gates, beamed ceilings, hand troweled plaster, portal covered outdoor spaces and beautifully landscaped gardens are traditional features of Las Campanas homes

LAS CAMPANAS HOMES

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

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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 2010 Census, Tesuque had a population of 925 with 718 housing units in a land area of 6.96 sq. miles giving it a population density of 162.63 people per square mile. The median household income as of the 2010 census was $104,487 and the average age was 56.3. Tesuque has its own post office and an elementary school.  

 
Local Amenities and Attractions
Tesuque Village Market

Tesuque Village Market

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.    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

Fresh pasteries at Tesuque Village Market

Tesuque’s other restaurant El Nido is currently closed. 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

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.

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

HOMES FOR SALE IN TESUQUE

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

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

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Santa Fe Neighborhoods – Focus on Bishops Lodge Road

 

Bishops Lodge Road
Bishops Lodge Road

Make a left on Paseo de Peralta onto Washington Avenue near the massive, pink, iconic Scottish Rite Temple and you find yourself heading north from the Santa Fe Plaza along the old stagecoach road to the Village of Tesuque.  Soon Washington Avenue turns into Bishops Lodge Road.  This 5 mile drive to Tesuque is one of the prettiest and most relaxing drives in Santa Fe. You’ll pass scenic hillsides and enter a cottonwood shaded lush valley filled with orchards and horse farms.  Along the way you will see some of the most expensive luxury homes in the Santa Fe style peppering the hillsides.

The Bishops Lodge Road neighborhood is one of Santa Fe’s older neighborhoods.  Well established, many of these homes enjoy beautiful views of the Sangre de Cristo, Jemez, Ortiz and Sandia mountain ranges as well as city light views.  Tucked away on dirt roads and nestled in the hillsides, these homes have privacy, yet are only minutes away from the Plaza.

Residents of Bishops Lodge Road have easy access to hiking in the Santa Fe National Forest, which has 1,500 contiguous square miles of territory nearby.

Bishop's Lodge Resort & Spa

Bishop’s Lodge Resort & Spa

Along the way to Tesuque you’ll pass the Bishop’s Lodge Ranch Resort & Spa, which was originally the home of Bishop Jean Baptiste Lamy.  Bishop Lamy was the first bishop appointed by the Vatican in 1850 for its newly created American southwest diocese, Vicariate of New Mexico.  He oversaw the creation of St. Francis Cathedral, at the end of East San Francisco Street, just off the Plaza, which he commissioned in 1869, and was very influencial in the development of Santa Fe and its surrounding areas in the mid 1800s.  The town of Lamy is named after Bishop Lamy for his work in bringing the railroad to that town and donating Church property for the railroad junction there.  Eventually becoming an Archbishop in 1875, Archbishop Lamy was the inspiration for the lead character in Willa Cather’s masterpiece, Death Comes for the Archbishop.

Horseback riding at Bishop's Lodge Ranch Resort & Spa

Horseback riding at Bishop’s Lodge Ranch Resort & Spa

Bishop’s Lodge Resort’s website states:  “Lamy enjoyed having visitors out to his lodge and his many guests were invited to partake in the pleasure of his gardens, orchard, fish-pond and the natural serenity of his country estate. In time, the path out to the ranch became a road and led the city’s newspaper to remark, “Good work has been done on the Bishop’s ranch road. It forms one of the best rides out of the city. This is the work, we presume, of Bishop Lamy.”

The New Mexico Governor’s Mansion also resides just off Bishop’s Lodge Road on 1 Mansion Way.  It was built in 1954 and is 7,949 square feet.

The Hills at Bishop’s Lodge is a new 45 acre residential luxury home and condominium development with amenities that include swimming, tennis and riding trails.

If you would like to know more about any of the homes for sale along Bishops Lodge Road neighborhood, or you would like a free market analysis of how much your home is worth, contact me, Karen MeredithKeller Williams Realty, by e-mail or at (505) 603-3036.

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Santa Fe Neighborhoods – Focus on Museum Hill

View from the Wheelwright Museum front terrace

View from the Wheelwright Museum front terrace

Santa Fe New Mexico Living– Focus on Museum Hill 

Santa Fe has four world class museums located on Camino Lejo on the southeast side of town in an area called Museum Hill.  If you limit your museum touring in Santa Fe to the cultural riches around the Plaza, you’ll be depriving yourself of a chance to view some wonderful art as well as magnificent views of the mountains.  Travel between Museum Hill and the Plaza is simple and convenient. Take the “M” line operated by Santa Fe Trails, which runs 7 seven days a week and costs adults $1 each way.  Departures start from the Downtown Transit Center on Sheridan Street (one block off the Plaza) for a short 18-minute ride.  Click here to see a map of the route.  Call 505 955-2001 for the most current information about schedules and fares.  You can spend endless hours exploring the wide variety of art in these collections.

Apache Mountain Spirit Dancer by Craig Dan Goseyun in front of the Museum of Indian Arts and Culture

Apache Mountain Spirit Dancer by Craig Dan Goseyun in front of the Museum of Indian Arts and Culture

The Museum of Indian Arts & Culture (710 Camino Lejo) covers 12,000 years of southwestern Native American culture and history in the long-term exhibit “Here, Now and Always”.  This groundbreaking exhibit, which opened in August, 1997, was developed over an eight year period by a curatorial team composed of Native American consultants and museum professionals.  It incorporates the voices of more than 50 Native Americans speakers and has over 1,000 artifacts and objects on display to help illustrate the rich, complex and diverse Native American stories of creation and survival in the Southwest.  Also on long-term display is the Buchsbaum Southwest Pottery Gallery which features 500 ceramic pieces from ancient times to today from each of the Pueblos of New Mexico and Arizona.  Call 505 476-1269 or click here for more information.

The Museum of International Folk Art (708 Camino Lejo) houses the largest collection of traditional folk art in the world.   With over 135,000 objects, the collection is displayed in four distinct wings and covers such diverse topics as folk art from Latin American mountain villages, metalwork from West Africa, intricate textiles from Southwest China and shadow-puppet traditions of Java.  Call 505 476-1200 or click here for more information.

Retablos

Retablos

The Museum of Spanish Colonial Art (750 Camino Lejo), whose purpose is to preserve and perpetuate the Hispano art forms that have been produced in New Mexico and Southern Colorado since the region was colonized by Spain in 1598, has 3,000 objects, making their collection the most comprehensive compilation of Spanish Colonial art of its kind.  Call 505 982-2226 or click here for more information.

 

 

Finally, there is the Wheelwright Museum of the American Indian (704 Camino Lejo) which opened in 1937 and came into being as a result of the special friendship between Mary Cabot Wheelwright, an East Coast heiress, and Hastiin Klah, a Navajo medicine man. To read more about the fascinating story of the Wheelwright Museum and what happened to its original collection, click here.

Toadalena Navajo rug from the Two Grey Hills area

Toadalena Navajo rug from the Two Grey Hills area

If you go to the Wheelwright Museum, do not forget to stop by The Case Trading Post, Santa Fe’s oldest Indian art gallery, which was built to resemble a turn-of-the-century Navajo Reservation trading post.  It is a wonderful shop where you can buy genuine works of art from contemporary Indian artists in the form of pottery, jewelry, textiles, storytellers, katsina dolls, and more. You’ll find pieces by recognized masters as well as new and emerging talent.

Homes for Sale in the Museum Hill Neighborhood

If you would like to explore homes for sale in the Museum Hill neighborhood or receive a free market analysis of how much your Museum Hill neighborhood home is worth, contact me, Karen Meredith, Keller Williams Realty, by e-mail or at (505) 603-3036.  

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Winter Salad

Winter Salad

Santa Fe New Mexico Living – Winter Recipes 

It is apple season at the Farmers Market!  Here is an easy and delicious winter salad recipe using apples, dried cranberries and pumpkin seeds:

Apple, Cranberry, and Goat Cheese Salad (adapted from the New York Times)

½ cup pumpkin seeds
½ teaspoon salt
½ teaspoon olive oil
1/3 cup dried cranberries
¼ cup extra virgin olive oil
1 tablespoon apple cider vinegar
Finely grated zest of half an orange
1 large apple or 2 small apples
Mesclun salad mix
1 6 ounce log of goat cheese (preferably on the drier side to facilitate crumbling – the house brand at Whole Foods works well)

  1. Preheat oven to 350 degrees.  Toss pumpkin seeds with the ½ teaspoon olive oil and salt in a bowl.  Spread on baking sheet and toast in oven until golden brown and popped, 8 to 10 minutes (set a timer so you don’t forget about them!).  Set aside to cool.  Once cool, place the pumpkin seeds and cranberries together in a large salad bowl.
  1. In a second bowl, combine the ¼ cup extra virgin oil olive, vinegar and zest.  Season to taste with salt and pepper. Whisk until emulsified.
  1. Just before serving, cut apples in half, scoop out core using a melon baller if you have one, slice apples thinly and add to large salad bowl.  Add the lettuce and dressing and toss to mix.  Plate the salad and then crumble the goat cheese onto the plates.

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Santa Fe Neighborhoods – Focus on Villa de la Paz

Villa de la Paz

Villa de la Paz

Villa de la Paz means “Peaceful Village”  in Spanish. This tranquil little haven tucked into the southwest side of Santa Fe certainly lives up to its name.

 

 

 

 

Development began in 1999 – 2000, for this well-established condominium subdivision, which was designed to provide the local community with affordable, quality, urban village housing.

The development contains 89 plotted lots on nearly 10 acres.  76 lots have already been built.  There are eight different floor plans to choose from, three single story and five two story, and all are two or three bedroom units.  The units start at 1,000 square feet and go up to approximately 1,800 square feet.  The housing is FHA approved, which gives buyers the opportunity to purchase these units with a low downpayment.

The gazebo and benches in the park

The gazebo and benches in the park

Villa de la Paz contains a beautifully landscaped park that is approximately 1 acre in size with a gazebo and benches, perfect for walking, contemplating nature or visiting with neighbors.

Peaceful walking trails weave through the subdivision, which also has two landscaped park-like retention ponds. The outdoor areas were planted with a beautiful selection of botanical plants that are drought resistiant and low maintenance.

One of the Villa de la Paz walking trails

One of the Villa de la Paz walking trails

The existing units in the subdivision are designed for maximum light and privacy with vaulted ceilings in the single story units and decks with mountain views in the two story units. Quality construction details include radiant heating, Pella Windows, tile floors, Kohler plumbing fixtures, and solid wood interior doors.  Protective covenants were created  to ensure that residents enjoy uniformity and consistency of style and design in their surrounding environment.

Street scene in Villa de la Paz

Street scene in Villa de la Paz

The subdivision is self contained, with one entrance and one exit and contains ample public parking. Most units have garages.  Villa de la Paz has convenient shopping and enjoys many city services such as water, sewer, electricity and trash pickup.

Contact me, Karen Meredith, Keller Williams, (505) 603-3036 for more information about homes in this neighborhood or for a free market analysis of how much your home is worth.

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Sugar’s BBQ & Burgers is for Sale for $750,000

Sugar's 1MLS # 201303321, Asking Price is $750,000 1799 State Road 68, Embudo, New Mexico.

Sugar’s BBQ & Burgers in Embudo, New Mexico is for sale for $750,000.  Founded by Nancy and Neil Nobles 13 years ago, Sugar’s is a nationally recognized food lover’s mecca.  Gourmet Magazine named Sugar’s as one of America’s Top Ten best drive-ins in May, 2005.  Jane and Michael Stern have showcased Sugar’s on Roadfood.com.  A staple on the exclusive New Mexico Green Chile Cheeseburger Trail, Sugar’s has won rave reviews for its barbeque and burgers from the public on Chowhound, TripAdvisor and Yelp.

Sugar’s is located at 1799 State Road 68 on the way to Taos from Santa Fe along a winding canyon road that borders the Rio Grande.  Embudo is a charming river community nestled among magnificent cottonwoods approximately 5 miles west of Dixon, NM, a thriving artist and agricultural village that is home to the largest number of organic farmers in the state.  Several wineries are close by Embudo, including Vivac, La Chiripada and Black Mesa as well as Blue Heron, a brewery.

Main residential home

Main residential home

The 3.7 acre property has six structures on it, including the diner.  It comes with a 2,700 square foot 3 bedroom, 2 bath home that has a large Saltillo tiled sunroom across the front, a 1,200 square foot gallery/studio that is currently leased to Southwest Country Gifts & Art, a 1,624 square foot 3 bedroom, 2 bath guesthouse, a round adobe hogan which has electricity and a concrete floor and a workshop with a storage room.

Sugar’s has outdoor seating and an old style wood porch.  The front porch is covered with large billboard menus, hand-painted signs and a photo of the pet bulldog, Sugar, for which the restaurant was named.  An antique soda vending machine and carved wooden bench reside on the porch, while picnic tables and gardens are scattered around the diner.

Back patio of main residential home

Back patio of main residential home

Across the road there is an acre of land with river frontage on the Rio Grande and spots to put in a fishing pole or canoe. The possibilities are endless with the property, limited only by a buyer’s imagination.  This compound could be a B&B or an artist’s retreat.

The owners will transfer the name, Sugar’s BBQ & Burgers, and their recipes and even give a new buyer a few weeks of consulting advice if requested to do so. Nancy Nobles explains that after 13 years of carefully building a reputation for outstanding food and service, she and Neil want to retire.  “We’re ready for someone else to take over the kitchen,” Nancy states.

Retail gift shop

Retail gift shop

Karen Meredith, a commercial broker with Keller Williams, points out, “This is great opportunity for an ambitious restaurateur to build on the wonderful food legacy that the Nobles have established.  This is a turnkey sale that includes all of the equipment they have been using to run the restaurant business, except for one smoker that was built by a friend who passed away and has sentimental value.”

Sandra Wright Page, a residential broker with Keller Williams, notes “Sugar’s is famous for their brisket but I love their burgers so much I can’t pass up the opportunity to have one when I am there.  They are only open Thursday-Sunday but they often sell out before they close on Sunday.  If you want to be sure to get some of their mouthwatering brisket, come on a Saturday or come early on Sunday.”

Contact Karen Meredith, Keller Williams Realty, karenbmeredith@gmail.com, 505-603-3036 or Sandra Wright Page, Keller Williams Realty, 505-690-8373, sandrawrightpage@gmail.com for more information.