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The market is still burning hot: last week’s notable sales also include a swanky Hope Ranch house for $19.9 million; a former hotel on a prominent corner in Carpinteria; a ton of off-market transactions, including several flips; and many more. See what sold and for how much….
Other recent news: An old oil well dumped around 500 gallons of oil into Toro Canyon; the tree of the month is the marvelous Bunya-Bunya; new tenant for the former Carrows/Denny’s space in Goleta; carbon-scrubbing technology proposed for massive pot greenhouse complex in Carpinteria; the town of Port Hueneme is mulling a name change.
The Siteline newsletter is the best way to follow the website. To subscribe, click the link at the bottom of this post. And you can unsubscribe at any time.
Know where this was shot? Prove it in the comments. (Update: We have a winner!)
Other noteworthy new listings: Beachfront Rincon condo; European-style manor in Ennisbrook; Riviera pioneer with a funky floor plan; Campanil property ripe for reinvention; a Mission Canyon mongrel; and more.
Other recent news: City council rejects Mission Canyon Bridge replacement; Amur leopard born at the zoo; California requiring all school staff to be vaccinated; Santa Barbara man accused of murdering his children in Mexico; MarBorg Industries expansion allowed to proceed.
















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