The word on the street is that the new owner is leaning away from a wholesale redevelopment like SOMOfunk.
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Last week’s sales also include 1980s Hope Ranch oceanfront; two on Eucalyptus Hill; off-market Mesa four-bedroom; Riviera house after six price cuts; Hedgerow fixer; and more.
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Know where this was shot? Prove it in the comments. (Update: We have a winner!)
Noteworthy new listings also include a large blank slate in Montecito; turnkey carriage house; Ennisbrook casita with an impressive backyard; Nancy Meyers style in San Roque; Brutalist hacienda outside Los Olivos; and more.
Other recent news: City council approves the conversion of the Quality Inn to homeless housing; using technology to analyze local commutes; oil and gas well drilled proposed for the Cuyama Valley; the tree of the month.
Given how much time you spend there, why not make your home as sweet as it can possibly be?
More food news: First impressions of Azul; a bagel epiphany in Isla Vista; new monthly Taste Makers Market in Summerland; Dave’s Drip House profile; the Women Winemakers & Culinarians Celebration in the Santa Ynez Valley.
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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