
EXCLUSIVE
In the biggest real estate deal in Montecito history, the 237-acre Rancho San Carlos traded for $63.25 million. And as if that wasn’t enough, another property went for $49 million.
·················

·················

JUST LISTED
Ellen DeGeneres and Portia de Rossi have put their Montecito compound on the market for $39.9 million. They enlarged the property by an acre and replaced the rustic Balinese theme with something much cooler and more contemporary. Take a look inside….
·················

FOOD STUFF
••• Low Pigeon confirmed its plan to open a café/restaurant.
••• Sneak peek inside the Aperitivo wine bar (above).
••• Intermezzo has reopened with a new menu.
••• Telegraph Brewing Company sure looks closed.
••• Profiles of Uncorked and Frinj Coffee.
••• Secret Bao’s udon carbonara.
→ Read the post.
·················

HOT PROPERTY
The week’s notable sales include a Montecito mansion flipped for $29 million, a New Age compound above Summerland, a midcentury spec renovation, a stylish downtown duplex, and more.
·················
Please forward this to anyone who might enjoy it. Click here to subscribe.
·················
Recent Comments
The structure at the top of the landslide was being marketed as a one bedroom house and is now for sale as a lot with… — BillF
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