More food news: Silvers Omakase earned a Michelin star; first look at the menus for Seoulmate Kitchen, coming soon to the Public Market; taste-testing Lily’s Donuts; Bar Lou added a bar menu; Tutti Frutti Farms profile; two new restaurants in Ojai.
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Eight exhilarating weeks of world-class performances, masterclasses, and immersive experiences featuring the next generation of classical musicians alongside leading artists of today.
Last week’s sales also include a Birnam Wood contemporary; 1925 Riviera Tudor by Winsor Soule; Cape Cod five-bedroom next to the Hope Ranch tennis courts; one of Lutah Maria Riggs’s lesser works; 1928 floops in Hope Ranch; 1940 Mediterranean on the Lower Riviera; Upper East off-market; and more.
The previous plan for a hotel and regenerative farm, despised by locals, is starting to look pretty good.
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Know where this was shot? Prove it in the comments. (Update: We have a winner!)
Noteworthy new listings also include the 1931 George Washington Smith house at the end of Plaza Rubio; Montecito one-bedroom for $5.7 million; bluff-front hexadecagon next to the Thousand Steps; Hope Ranch renovation; 1898 Lower Riviera compound; beautiful floors in Mission Canyon; high-design ADU on the Mesa; and more.
Belmond has confirmed the longstanding rumor that it’s selling the iconic Riviera resort.
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
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
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