Longtime Roswell residents remember the parched, undeveloped land west of North Union across from the NMMI Golf Course as being nothing but an antelope grazing range with no real chance for home growth.
Real Estate broker Bill Davis, real estate agents Linda Kirk and Gen Outland, and the French Brothers out of Alamogordo thought much differently about this tract of land. The dated Zillow aerial view of what is now called the Sorrento Estates Subdivision is probably the fastest growing area in Roswell,NM. The subdivision is comprised of three roads named Sorrento Drive, Positano Loop, and Alicia Lane.
The nicest home is located on Positano Loop on the extreme West part of the map although Toby Gross of Krumland Construction living on Alicia Lane might disagree. The dated Zillow map only shows four homes, but as of this writing there are around 20 homes with another three under construction! The La Bella Vita subdivision is located just southeast and a dentist office complex(Maupin and Brown) “proudly financed by J P Stone Bank” is close to being completed. Paul Maupin, DDS must have secured a very low interest rate in return for the “free advertising” they gave J P Stone Bank via the sign posted at dental site construction.
The days of 3.5% 30 year fixed-mortgages are probably gone for good, but even at 4.5% you should consider purchasing a brand new home in this explosive growth region of the Alien City. The low-end homes start in the low 200 K range. All homes are energy efficient with tankless or on-demand hot water heaters that will keep your gas bill very inexpensive. Most of the homes have vinyl fences put up by Roper out of Clovis,NM. The homes built along Union Avenue are protected by a long stretch of vinyl fencing.
It is expensive and stressful getting into a new home. Qualifying for the mortgage, moving, readjusting to a new neighborhood, updating your new address, hoping that your neighbors are quiet and courteous, etc. All homes in this subdivision are single-family detached and also a great investment as well as a safe place to raise a family.
The area just south of Sorrento subdivision comprised of residences on Louisiana, Mississippi, and Montanta Avenues is a little run down, but does not appear to drive down the property values in Sorrento area. Also the La Bella Vita subdivision is made up of what many would describe as cookie-cutter homes, whereas there are a number of custom built homes in Sorrento subdivision. There are fair number of two story dwellings in Sorrento occupied by couples raising large families. Most of these homes are located on Sorrento Drive.