June 11, 2024
Tag: 1104 Channel Drive

Butterfly Beach Pickleball Compound Sells for $30.25 Million
Last week's sales also include a fixer way up the hill in Montecito; 2014 Riviera four-bedroom; equestrian compound on 152 acres; architectural statement near Hendry’s Beach; likely spec reno on Ortega Ridge; San Roque flip; Plaza Rubio two-bedroom; and more. 2
August 26, 2023

Pickleball Compound on Butterfly Beach for $38.5 Million
Noteworthy new listings also include a double oceanfront lot with a pool you couldn't build today; Spanish-meets-midcentury in Montecito; single-level Hope Ranch with stable for $5.495 million; Mission Canyon "architectural jewel"; and more. 7
March 27, 2021
August 7, 2020
Recent Comments
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.
Depreciation. — Rich
Apzer, can you please direct me to the IRS rule where i can deduct rental losses? i have never heard of such a thing, and… — Derek
The "pedestrian mall" along state street is more like an e-bike tournament venue — Bettye Jones
Apzer, that is totally false on landlords receiving a financial benefit for vacant properties. Please don't spread misinformation. — Jefferson A.
I don't think they're all greedy but there's a financial benefit to claim a loss on a vacant property while holding out for someone to… — apzer
“More vibrant than ever”? We can debate the causes but it is a far cry from the most vibrant it’s ever been… — BW
“Editor's note: This story has been updated to clarify the action taken by the City Council and its next steps” The VC Star Article was… — Tristen
From the article, it seems like it's not a done deal, but yes, it would be a terrible loss for Ventura. A good reminder for… — Sean