The week’s top price reductions also include a new-build manor in central Montecito, a former Finnish ambassador’s fanciful throwback, and a mini-compound near the Museum of Natural History.
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Other recent news: A mosquito with West Nile Virus was found here; Santa Barbara schools to return to in-person learning in January; Lucky Brand closed its State Street store; Solvang recall effort.
The week’s notable new listings also include a brawny contemporary in Foothill, a likely teardown on five acres in Hope Ranch, and six thousand square feet of questionable choices.
More food news: Birria tacos, ramen, and more at Kultura’s Tuesday pop-up; a profile of Turkish bakery Lokum; Tavern at Zaca Creek now serving lunch and brunch; the right bread for BLT season; last call for food judges.
Other recent news: Burglary suspect arrested after getting stranded by the rising tide; Museum of Sensory & Movement Experiences opens at La Cumbre Plaza; 462 students have left the Santa Barbara Unified School District since June; Santa Barbara looks at ways to increase affordable housing; Carp skate park update.
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The interior and menu tell a refreshingly sophisticated story, and rare for these parts, the wine list is almost entirely Italian.
Know where this photo was taken? Prove it in the comments.
There were a ton of sales at impressive prices—including two off-market and six above ask.
Burning Questions
- Why Are the Railroad Tracks Being Expanded Along Padaro Lane?
- Will You Explain the Plan to Adapt the Waterfront for Climate Change?
- Why Did the Rosewood Miramar Beach Install Gates?
- How Long Will This Big Pipe Be at East Beach?
- Is Cabrillo Boulevard Going to Be Widened Under Highway 101?
- Was There a Fisherman Inn in Downtown Santa Barbara?
- What Are Those Old Buildings at the Corner of Castillo and Montecito Streets?
Recent Comments
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
Very interesting. If Yardi is paying anywhere near $120M + $35M + $5.7M for almost 250k empty square feet, this is going to take a… — NuemanJ