Other recent news: Carpinteria residents oppose the plan for a new hotel on Linden Avenue; Santa Barbara County wants visitors and residents who have been out of town to quarantine for two weeks; serious upgrades at two high schools.
The week’s notable sales also included a fabulous 1913 Craftsman in the Upper East, Tuscan pastiche on Hidden Valley Lane, two houses on Whitney Avenue in Summerland, and more.
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.
The best restaurant on the Central Coast announced the chef of its forthcoming establishment and let slip that it’s trying to grown into a “compound” by taking over the vacant lot next door.
The week’s other top price adjustments: a project on the far side of Toro Canyon, 5,000-square-foot house in Glen Oaks going for a Covid bump, and a three-bedroom in Hitchcock Ranch.
Noteworthy new listings also include one of the nicest houses in Birnam Wood, a penthouse in Jeff Shelton’s El Andaluz building, Picacho Lane hoping for eight figures, and a trio of Hope Ranch properties.
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.
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