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January 26, 2022

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Newsletter: January 26

January 26, 2022|by Erik Torkells

WALK WITH ME
Years ago, my first real walk around a Santa Barbara neighborhood—beyond the usual spots—was in the area behind Cottage Hospital, and I was delighted by what I found. When I recently returned for a stroll, I wondered if the area would still deliver.

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FOOD STUFF
••• Venus in Furs has closed.
••• Another winery is moving in next to the Cheese Shop.
••• Mexican seafood restaurant opening in Old Town Goleta.
••• Broad Street Oyster Company is looking for a permanent space.
••• Signage at the Hotel Californian’s forthcoming tasting room.
••• Jeannine’s on Coast Village Road is taking a break.
••• Oat Bakery is now opening earlier on weekdays.
••• Calvary Chapel is working on a restaurant.
••• Phoevermore in Carpinteria has closed.
••• Dinner under a different name at the Patio Cafe.
→ Read the post.

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HOT PROPERTY
There weren’t many major sales last week—just two in Hope Ranch and a heavenly hot tub on Hot Springs Lane—but don’t think for a second that the market is cooling.

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ODDS & ENDS
••• A new hotel in the works on De La Vina Street (above).
••• The Head and the Heart and Disclosure play the Santa Barbara Bowl.
••• More details on the solar array proposed for the Bowl.
••• Checking in on the Drift hotel planned for State Street.
••• Highway 101 construction update.
••• Baby giraffe born at the Santa Barbara Zoo.
→ Read the post.

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Recent Comments

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I laugh so hard when reading your property descriptions, thank you for that! — Susie

The bigger factor is that if an owner accepted lower (aka "market") rent, it would reduce the overall value of the property on paper. Which,… — Sean

Rich - No. They get the depreciation regardless of whether it's leased or vacant. — Jefferson A.

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