Know where this was shot? Prove it in the comments. (Update: We have a winner!)
Know where this was shot? Prove it in the comments. (Update: We have a winner!)
Noteworthy new listings also include a classic Padaro Lane cottage; big views on Park Lane, the Lower Riviera, and Alta Mesa; Samarkand fixer for $8 million; 1926 Spanish Colonial in San Roque; rustic stylings outside Los Olivos; a ghostly half-finished manor; and more.
The Montecito real estate market is heating up yet again, and when that happens, timing is everything. Whether you’re looking to buy or sell, Ryan Malmsten of Santa Barbara Brokers can help—the way he recently helped two clients land properties near Butterfly Beach.
Other recent news: The number of international visitors is down; addressing the city’s budget shortfall; an update on the Electrify America vehicle-charging station; Santa Barbara County looks to phase out all onshore oil operations; Sable Offshore loses in court; first steps toward a new trail linking Buellton, Solvang and Santa Ynez.
The 1911 Sea Captain’s House has been restored with care, balancing original craftsmanship with modern coastal living. Come to the open house tomorrow from 11 a.m. to 2 p.m. Plus: The Montecito cottage that warrants a second look.
More food news: Yet another new concept in the works across from the courthouse; the Sando Truck is going catering-only; Carp Kitchen has closed; revised forecast for Linden Square’s rooftop bar; Cookie Plug name change; Jalisco Grill opening inside Mel’s Lounge.
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Last week’s sales also include a Montecito Tuscan for $22.5 million; 21-acre property in Carpinteria’s Rancho Monte Alegre; Montecito Shores two-bedroom for $5.25 million; Alta Mesa spec reno; Mesa fixer; and more.
Recent Comments
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
I think some folks who would consider this is a windfall for Yardi may be overlooking two things: 1)The cost to Yardi to buyout AB's… — StanThompson
Just realizing I did not address your first point. The buildings on the property have been up for sale, and their value is also depressed… — SBradley
I think that the city's representation of this land as having ‘zero value’ is confusing because it sums together the value of 2 distinct things… — SBradley
No idea whether this is a good deal for Yardi or not. Paseo Nuevo has been available for sale since 2020 with no buyers -… — NuemanJ
I wish this same logic worked for Thrifty ice cream! According to the BLS inflation calculator, something that cost 5 cents in 1970 should cost… — Doug B
I'm unclear how bike lanes are related to maga. For that matter please explain how freeways and rail lines are remotely maga in a state… — Bettye Jones
Worth knowing about the Paseo Nuevo deal: the city is skipping the required competitive bidding process for this public land transfer by using the state-approved… — SBradley
This write up is such a biased take that sides with a handful of people. I imagine the people groaning about this project have a… — Yesenia G.