JUST LISTED
New to market this week: Over-the-top “Balinese farmhouse” asking $12.5 million; Hope Ranch chateau; 1923 Spanish Colonial Revival with locationitis; lots of mountain views; when minimalism gets weird; the first sighting of a Tesla roof; an attempt to flip an uninspired house; and many more.
·················
·················
NEWS ROUNDUP 4/4
••• Santa Barbara County is on the verge of a Covid-19 backslide.
••• County Democrats endorse incumbents.
••• Montecito’s Read ‘N Post to be replaced by new shop.
••• Interview with mayoral candidate Randy Rowse.
••• Billionaire buys $31 million Butterfly Beach house.
••• Figueroa Mountain wildflower update.
••• Aman Resorts in talks regarding possible Mount Baldy resort.
→ Read the post.
·················
ODDS & ENDS
••• More on the spat between Ty Warner and Four Seasons.
••• Santa Barbara Urban Flea Market is now open on State Street.
••• Actor Bryan Cranston’s Mussel Shoals house sold.
••• Amusement park art at Thomas Reynolds Gallery.
••• Highway 101 construction to stop using sound to deter cormorants.
••• Nine more acres of cannabis in Carpinteria.
→ Read the post.
·················
BURNING QUESTIONS
“A new fence is going up at the Santa Barbara High School baseball field,” asks T. “Does that mean no more dog walkers and picnickers?” The answer….
·················
NEWS ROUNDUP 4/6
••• County vaccination clinics are now accepting anyone age 16 and up.
••• Santa Barbara County isn’t moving to the orange tier yet.
••• California set a reopening date (but the mask mandate will continue).
••• Dennis Miller bought across the street from the house he sold to Ellen DeGeneres for $49 million (above).
••• The story of Canon Perdido.
→ Read the post.
·················
Please forward this to anyone who might enjoy it. Click here to subscribe.
·················
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