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July 27, 2022

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Newsletter: July 27

July 27, 2022|by Erik Torkells

WALK WITH ME
As with most neighborhoods around here, West Mesa is undergoing change. But the spirit of old Santa Barbara isn’t giving up the ghost just yet.

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HOT PROPERTY
Last week’s sales: Hotel-like Hope Ranch house for $18.15 million; Hope Ranch house with a jumbo hot tub; an unbuilt house in Summerland for $9 million; midcentury project on the old Knapp estate; and more. See what sold—and for how much.

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ODDS & ENDS
••• La Casa de Maria’s rebuilding appears to be stalled.
••• A possible explanation for the inactivity at Vons in Montecito.
••• New art show in the Funk Zone.
••• Book of Mormon and other shows in Broadway Santa Barbara’s 2022-2023 season.
••• The grim new outbuildings at Montecito Union School (above).
→ Read the post.

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Recent Comments

Great Idea!! I first set eyes on the Fig Tree, in 75', after getting out of the Army. What I vividly recall, were the number… — Jeff

Lewis Chapel - corner of Santa Barbara Street and Gutierrez Streets. — Stacey

Miramonte… ledgendary party house — Heidi S

AMEN! — Christine!

You are correct. It's a myth. Other than depreciation on a vacant building that is available for lease there are no write-offs. And if you… — Bettye Jones

Carbajal doxing law enforcement is disgusting. When you have 'law makers' running to break the law to secure future votes it has a negative impact… — Lola Machado

"Zhushfest" - you're killing me! LOL — JILLIAN

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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Walk With Me

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Burning Questions

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