June 15, 2026
Hot Property
June 9, 2026
June 2, 2026
May 25, 2026
May 18, 2026
May 11, 2026
Private Lower Riviera House Sells for $4.79 Million
Last week's sales also include Christopher Lloyd's compound on W. Mountain Drive; off-market floops of an Ennisbrook casita; 1977 three-bedroom near Montecito Union School; upside-down layout in the Lower Village; fire-damaged property above Cathedral Oaks Road; stylish San Roque; and more. 1
May 4, 2026
Unfinished Montecito Mansion Sells for Just Under $60 Million
Last week's sales also include three big off-market transactions (Winsor Soule compound, Carpinteria oceanfront, and Bella Vista Mediterranean); Summerland’s Montecito Ranch gated community for $9 million off the initial asking price; glam Santa Ynez Valley Tudor for $7 million off the initial ask; contemporary drop-down in Toro Canyon; impressive backyard on the back of TV Hill; and more. 1
April 27, 2026
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Recent Comments
I appreciate your earnestness and tenacity and desire for process. I share it. But after 10 years of a huge vacancy, a dying mall, and… — John
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