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Blog
It was another $80 million week in closings (and that’s just the properties over $3 million). See what sold and for how much, including two Picacho Lane estates, a Hope Ranch architectural statement, a midcentury with potential, and a Lower Riviera charmer.
Know where this photo was taken? Prove it in the comments. [Updated with the answer.]
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.
Other recent news: Santa Barbara County isn’t moving to the orange tier yet; California set a reopening date (but the mask mandate will continue); Dennis Miller bought across the street from the house he sold to Ellen DeGeneres for $49 million; the story of Canon Perdido.
Also new to market this week: Hope Ranch chateau; 1923 Spanish Colonial Revival with locationitis; lots of mountain views; when minimalism gets weird; the first sighting of a Tesla roof; an attempt to flip an uninspired house; and many more.
















Recent Comments
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
It is kind of complex to tease out who bears the risks and benefits in these projects that have public and private parties involved. I… — SBradley