WALK WITH ME
On the golden slope of Eucalyptus Hill: the neighborhood’s southern side is home to streets—Cima Linda Lane, Summit Road, and Rametto Road—ripe for good housepeeking.
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JUST LISTED
Noteworthy new listings: Riven Rock turnkey for just under $10 million; an attempted $11 million flip; a California cottage charmer; the potential for a Lower Riviera jewel box; a slick one-bedroom on the San Marcos Pass; and sweet little houses in Bungalow Haven and on State Street.
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NEWS ROUNDUP
••• The latest on the effort to buy San Marcos Foothills land.
••• California on the verge of allowing cyclists to roll through stop signs.
••• Closed block of W. Victoria to be reopened to eastbound traffic.
••• Gas station in the works for former Goleta café space.
••• Santa Barbara’s electric shuttles may not restart service.
••• White Buffalo Land Trust buys Jalama Canyon Ranch with plans for regenerative agriculture (above).
→ Read the post.
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ODDS & ENDS
••• Has the homeless hostel hit a speed bump?
••• Local apparel brand Covet is opening a store in Montecito.
••• A new Hank Pitcher show at Sullivan Goss (above).
••• Parts of a funky oceanfront Mesa compound are back on the market.
••• Input sought regarding the Channel Islands National Park Backcountry and Wilderness Management Plan.
→ Read the post.
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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