Plus: New four-story building proposed for Santa Barbara Street; San Francisco gallery opened an outpost near the Arlington Theatre; SoCalGas’s wireless telecom infrastructure; Merchant of Venice pop-up on Coast Village Road.
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What must close and what may stay open, with restrictions. Other recent news: Sandpiper Golf Club wants to build a new underground clubhouse; Santa Barbara geologist Mike Hoover’s new book about our water situation.
And that’s just the properties that went for over $2 million. Noteworthy closings include the magnificent Sotto Il Monte mansion, gorgeous relic Stonehedge, an oceanfront fixer, and a 1910 gardener’s “cottage.” Plus: a big one from late October.
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Plus: Bodega Los Alamos is expecting another vacation rental; improvements at Summerland gas station; an attempt to regulate telecom infrastructure; no more Price Cuts posts; any ideas on how to donate a new door?
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.
This week’s noteworthy new listings also include a 10,000-square-foot mansion way up the hill in Montecito; a handful of snazzy Upper East spec renovations; historical quirkiness on Riven Rock Road; and 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