Other recent news: Mayor Randy Rowse is running for re-election; remembering architect Henry Lenny; architects and planners protest two misguided Santa Barbara developments; the Trump administration wants to allow new oil and gas extraction in the California Coastal National Monument and Carrizo Plain National Monument; a visit to the post-facelift Ritz-Carlton Bacara.
Blog
When it comes to real estate, the Montecito community is a micromarket with its own rules—and no one knows that better than Ryan Malmsten of Santa Barbara Brokers. In the past year, he has been involved in five transactions there, representing both buyers and sellers.
More food news: First impressions of Corazón Cocina Sur at Linden Square; The Nugget’s Carpinteria outpost should open next week; has Wylde Works closed?; tickets to Taste of the Santa Ynez Valley; the menu for Marisella at the Ritz-Carlton Bacara; soliciting frozen pizza recommendations.
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.
Plus: Inside the new 30-room vacation-rental hotel downtown; adjacent Highway 101 on-ramps to be closed for nine months; Queens of the Stone Age concert; Heidi Merrick sample sale; the July 4 celebration at the waterfront; John Waters’s Halloween show; the answer to last weekend’s “Where in Santa Barbara…?”
Last week’s sales also include 1990 five-bedroom on 13.28 acres above San Roque; Carpinteria beachfront, more or less; Las Canoas contemporary; Buellton compound with a miniature Old West town; 1936 two-bedroom on 2.7 acres in Carpinteria; West Beach duplex; and more.
More food news: The Breakwater Restaurant’s new name; Ritz-Carlton Bacara’s Italian restaurant opens this week; U-pick organic apricots; Soul Bites has closed; the Sando Truck is moving to Goleta; Brazilian food delivered; sneak peeks of Lily’s Donuts & Pops; Paseo Nuevo beer garden to close; Thai-Asian food truck at Draughtsmen Aleworks in Goleta; Mylestone Barbecue is now behind the Wildcat.
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.
Know where this was shot? Prove it in the comments. (Update: The house wins.)
Noteworthy new listings also include an ode to gray plaster; seven-level house across from Shoreline Park; 1924 Cape Cod on Mission Canyon Road; likely Montecito spec reno; Las Alturas aerie; Prairie-style Structure of Merit downtown; and more.
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