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Last week’s sales also include Miramar Beach oceanfront off-market; chalet-ish in Montecito; Romero Canyon six-bedroom; Monterey Colonial near the Upper Village; the Hedgerow flip with a treehouse and zipline; 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!)
The new owners are notable philanthropists who have no intention of developing the 350-acre property.
Perched above the street, the nearly half-acre property at 1336 Manitou Road provides an expansive feel while also enjoying immense privacy. Come see for yourself at the open houses this weekend.
Noteworthy new listings also include Cielito three-bedroom in need of a good zhush; classic Lower Riviera charm on Grand Avenue; 1940 Moody Sisters cottage; 1930 cottage given a cute makeover; oceanfront Gaviota Coast lot for $1.6 million; and more.
This immaculate, single-level residence on a corner lot calls to mind the San Ysidro Ranch: it offers a blend of refined elegance and modern comfort, with a seamless indoor-outdoor flow and mature olive and citrus trees.
















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