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June 6, 2021

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Newsletter: June 6

June 6, 2021|by Erik Torkells

FOOD STUFF
••• Jeannine’s is taking over one of Santa Barbara’s most prominent spaces (above).
••• Alessia Patisserie & Cafe plans to open this month.
••• Bar Le Côte preview pop-up in Santa Monica.
••• East Beach hotel restaurant formally debuts next week.
••• Sweet Wheel Farm & Flowers will be joining the Saturday farmers’ market.
••• Another cool-looking restaurant and bar in the works for Ventura.
→ Read the post.

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JUST LISTED
Noteworthy new listings: a ten-acre equestrian estate in Noleta for $10 million; a Mesa spec reno shooting for the stars; a bunch of properties that look like “before” photos; a pair of Mediterranean-ish piles; 1968 Hedgerow house with potential; loft living downtown; and many more.

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NEWS ROUNDUP
••• The county has pledged to close any foothills funding gap.
••• Ellen DeGeneres and Portia de Rossi bought yet another Montecito property.
••• An update on how the city’s bike-rental program is doing.
••• Construction of a bike path linking Santa Claus Lane and Carpinteria will start next year (above).
→ Read the post.

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ODDS & ENDS
••• Anyone want to open a bar in Montecito (above)?
••• First look at the revamped Butterfly Lane pedestrian undercrossing.
••• New tenant coming to Coast Village strip mall.
••• A visit to the Mount Calvary Monastery & Retreat House, on the market for $10.9 million.
••• A mineral named after Santa Barbara.
→ Read the post.

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HOT PROPERTY
While there weren’t any huge sales this week—a few are in the pipeline—most were fast and above ask. Notable ones include two oceanfront fixer/teardowns; a sleek and sexy midcentury with killer views; a triplex near Crushcakes; a State Street charmer; Mesa three-bedroom with hot terrace action; and more. See what sold and for how much.

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Just Listed

  • Ennisbrook Château Given a Contemporary Makeover
  • Appealing Mediterranean in Toro Canyon
  • A Different Kind of Island View
  • 5,000-Square-Footer on a Sweet Upper Village Street
  • 2009 Spanish Colonial in the Golden Quadrangle’s Sweet Spot

Recent Comments

Tony, I was just having a little fun with my morning coffee when I wrote that comment and didn't mean to trigger anyone. Regarding action,… — J

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

Restaurant News

  • Silvergreens Cafe Has Opened Downtown
  • A New Gelato Shop Is Opening in the Tondi Space
  • Whiskey ‘N Rye Barbecue Is Opening in Goleta
  • One Site, Two Chefs, Three New Establishments
  • A Wine Bar Is Opening at The Post

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Walk With Me

  • Where One School Leads to Another
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  • The Arty Heart of Downtown Santa Barbara
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Burning Questions

  • Why Are the Railroad Tracks Being Expanded Along Padaro Lane?
  • Will You Explain the Plan to Adapt the Waterfront for Climate Change?
  • Why Did the Rosewood Miramar Beach Install Gates?
  • How Long Will This Big Pipe Be at East Beach?
  • Is Cabrillo Boulevard Going to Be Widened Under Highway 101?
  • Was There a Fisherman Inn in Downtown Santa Barbara?
  • What Are Those Old Buildings at the Corner of Castillo and Montecito Streets?

Get Out of Town

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