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May 16, 2021

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Newsletter: May 16

May 16, 2021|by Erik Torkells

HOT PROPERTY
Did Ellen DeGeneres just buy this historic hacienda again? Other notable sales this week include a half-built hilltop estate, an impressive flip on Sycamore Canyon Road, a pretty eight-bedroom Hedgerow house built in 1900, a funky midcentury in Montecito, a 6.6-acre vacant lot in Hope Ranch, and many, many more. See what sold—and for how much.

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FOOD STUFF
••• In-N-Out reopened after a couple days of being tented.
••• Barb’s Pies are now only available to patrons of Venus in Furs (photo by James & Jess Photography).
••• Buena Onda is selling beer and wine.
••• Saint Barbara Greek Orthodox Church offering Greek food for one weekend only.
••• Pop-up dinner at Ventura’s Frontside Cafe.
••• The impressive way San Ysidro Ranch dealt with a customer-service issue.
→ Read the post.

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NEWS ROUNDUP
••• The trapeze school is moving downtown.
••• People who won’t return a lost dog to its owners.
••• Santa Barbara Police Department investigation finds no wrongdoing.
••• The Richard Neutra house that caught on fire was destroyed.
••• More Cold Spring School absurdity.
••• Highway 101 wildlife passage delay.
••• Could Oxnard and Camarillo airports start allowing commercial flights?
••• Community Choice Energy approved by the Santa Barbara City Council.
••• California Mid-State Fair in Paso Robles will return this summer.
••• Reseda’s semi-secret Cactus Ranch (above).
→ Read the post.

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JUST LISTED
Noteworthy new listings: A triple gainer of a flip attempt; a 58-acre compound in Toro Canyon; the bank-like building on Hot Springs Road; good bones on a large Coast Village lot; an appealing spec renovation on the Lower Riviera; and many more. Plus: a broadside about the state of Santa Barbara real estate.

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Just Listed

  • Ennisbrook Château Given a Contemporary Makeover
  • Appealing Mediterranean in Toro Canyon
  • A Different Kind of Island View
  • 5,000-Square-Footer on a Sweet Upper Village Street
  • 2009 Spanish Colonial in the Golden Quadrangle’s Sweet Spot

Recent Comments

Tony, I was just having a little fun with my morning coffee when I wrote that comment and didn't mean to trigger anyone. Regarding action,… — J

I appreciate your earnestness and tenacity and desire for process. I share it. But after 10 years of a huge vacancy, a dying mall, and… — John

Don’t ignore the opportunity costs of looking for other deals. Not only do you risk losing this deal, there’s no guarantee another deal would be… — LD

Exactly, Christian. Very well said. This project is needed, right now. — Gail

This modest project— the addition of one mile of siding— has the potential to greatly improve the reliability of the Surfliner, and make it more… — Gail

Bottom line: there is an established process for these types of transactions that is designed to make sure the community residents get the best deal… — SBradley

I think development is just such a different animal. I've worked a little bit with very experienced developers. People who ONLY do RE development. They… — John

John: I think we should keep in mind that Yardi is a software company that sells software *and data* for *real estate property management*. The… — SBradley

Though Yardi is a commercial software developer, real development is much riskier. That business has moats, history, customer lock in and competitive advantages. Redevelopment and… — John

You should remember that where you're sitting right now used to be a tree, a field, or open land at some point. You benefit every… — Tony Machado

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