Noteworthy new listings also include a 1962 Mediterranean in Hope Ranch; nice flow on Alston Road; floops attempt of a two-acre spread with pickleball; 1930 cottage in Montecito; a pair of one-bedroom villas in a romantic Riviera setting; and more.
Noteworthy new listings also include a 1962 Mediterranean in Hope Ranch; nice flow on Alston Road; floops attempt of a two-acre spread with pickleball; 1930 cottage in Montecito; a pair of one-bedroom villas in a romantic Riviera setting; and more.
Other recent news: Reported ICE raid in Santa Maria; Goleta Rite-Aid to close; Santa Barbara now charging a fee for credit and debit payments; Monique Limón to lead the state senate in 2026; year-round Christmas shop to close; three teachers launched a bookmobile; new online map of public art.
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Last week’s sales also include a romantic stone house by George Washington Smith; resort-style grounds in Park Highlands; Solvang spread; Montecito Shores condo off-market; Upper East fixer on a corner lot; 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.
Know where this was shot? Prove it in the comments. (Update: We have a winner!)
Noteworthy new listings also include big and turnkey way above E. Mountain Drive; another one in Summerland’s Montecito Ranch community; renovated French Regency in Birnam Wood; spec renos near the Upper Village, in Alta Mesa, and in Mission Canyon; Lower Riviera mystery; and more.
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