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May 23, 2021

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Newsletter: May 23

May 23, 2021|by Erik Torkells

MOVING ON UP
Hook & Press is getting its own place: Santa Barbara’s premier doughnut shop is taking over the former Jeannine’s Bakery space in La Arcada—and it plans on expanding its offerings to include cake doughnuts, vegan and gluten-free doughnuts, and savory breakfast and brunch items.

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JUST LISTED
Noteworthy new listings: 3,100 acres of Carpinteria countryside for a gentleman farmer with $75 million; a 1915 Riviera house bashful about its interiors; midcentury architecture in Coast Village; yet another Hope Ranch fixer; a Melrose Place situation downtown; proof that not everything in the Hedgerow is charming; a big Monterey Colonial in San Roque; wacky decor up by the Botanic Garden; and more.

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FOOD STUFF
••• The Daisy is getting ready to reopen.
••• A new restaurant is coming to the former Little Door space across from the courthouse (above).
••• San Roque strip mall being renovated to accommodate multiple food-and-beverage tenants.
••• Cambria restaurant recommendations?
••• Alphie’s Restaurant in Old Town Goleta won’t be reopening.
→ Read the post.

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NEWS ROUNDUP
••• Forward progress of TV Hill fire has been stopped and a suspected arsonist was arrested (photo by Mike Eliason).
••• Santa Barbara County to ignore CDC and follow state guidance on masks.
••• Yellow tier still out of reach.
••• Expanded in-person summer classes at UC Santa Barbara.
••• Effort to discourage homeless on Milpas Street.
••• Foodbank food-and-cookware drive this Saturday.
→ Read the post.

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HOT PROPERTY
Notable sales this week: Oceanfront Hope Ranch for $17 million, two Romero Canyon megamansions, a charming Montecito farmhouse compound, an oceanfront teardown near Thousand Steps Beach, a San Roque contemporary, an El Caserio two-bedroom, and more. See what sold—and for how much.

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Just Listed

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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

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Walk With Me

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Burning Questions

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