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November 7, 2019

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Newsletter: November 7

November 7, 2019|by Erik Torkells

TO BE RICH…
The craziest, coolest house is under construction in Montecito. Imagine if a Bond villain decided to spend $100 million on a two-bedroom Brazilian modernist lair in Middle-earth…. Check out the renderings.

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RESTAURANT REVIEW
If dinner at Malibu Farm at the Rosewood Miramar can leave you wondering what the point of the place is, other than a Plan B for people who can’t get into Caruso’s, lunch there makes delightful sense. A review.

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TO BE RICH… (PART 2)
Oprah strikes again: With the purchase of Jeff Bridges’s property, the entertainment mogul has expanded her Montecito estate to 70 acres. A shame about the fence, though.

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GOOD HOUSEPEEKING
Open houses this weekend: Turnkey property within walking distance to Coast Village Road; small-town charmer with a private park entrance; Mission Ridge ranch with view; a glamorous spec makeover; and many more.

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ODDS & ENDS
••• The revised Montecito Debris Flow Risk Map has been pushed back.
••• A pair of proposed new developments downtown (with small buildings making way for larger ones).
••• Helistop hearing.
••• The charm of hand-drawn signage.
Read the post.

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ODDS & ENDS (PART 2)
••• Will Montecito’s Manning Park (above) lose its resident ranger?
••• Vons stopped collecting plastic bags for recycling.
••• The return of the Yes Store, a seasonal artisan co-op.
••• Hyatt Centric hotel is undergoing serious renovations.
••• A pointless scale.
Read the post.

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NEWS DIGEST
••• 122,000 acres of county land opened for oil and gas leases.
••• Bristol Farms store delayed by unpermitted work.
••• Homeless housing on Hollister Avenue is in the pipeline.
••• Progress on eight-acre debris basin in Montecito (above).
••• Auction of Huguette Clark’s doll collection.
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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