Newsletter: July 27

FOOD STUFF
••• The Bell’s folks are working on a second restaurant (above).
••• Mesa Burger’s Coast Village Road outpost has opened.
••• A second Sweet Wheel Farms farmstand.
••• $2 afternoon cold brews at Low Pigeon.
••• Your best cheese bet now that C’est Cheese is gone.
••• Coffee Bean & Tea Leaf on De La Vina has closed.
••• Will Magic Castle Cabaret reappear?
→ Read the post.

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HOT PROPERTY
The week before last, hardly anything closed, and I started to wonder whether the hot market was cooling down. Last week, however, it roared back to life. Here are the 12 closings of note from the past two weeks, including an oceanfront house in Hope Ranch that sold for nearly half off the initial ask.

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NEWS ROUNDUP
••• The home of Ellen Degeneres and Portia de Rossi was burglarized.
••• Rumored layoffs at the Biltmore (above).
••• 16,000-square-foot mixed-use development opens soon in Paso Robles.
••• Progress in farming shellfish off Ventura.
••• A push for manufactured fish reefs off Goleta.
→ Read the post.

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ODDS & ENDS
••• New home design store opening on State Street (above).
••• Gallery coming to Coast Village Road.
••• Smart Covid-19 update from Sansum Clinic’s CEO.
••• More on Porch’s moving sale.
••• Traffic breaks on the 101 in Montecito.
••• Hot Springs fixer now available for rent.
••• Ojai house with its own baseball field.
→ Read the post.

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PRICE CUTS
The week’s top adjustments include the march of the Montecito Mediterranean mansions, dropping from eight figures to seven; two Montecito properties around $5 million that have raised their prices; and a spec renovation inching toward reality.

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