November 1, 2020
It was another strong week for Santa Barbara real estate, with other notable sales including a penthouse in Jeff Shelton's El Andaluz condominium, a boxy peach thing in Campanil, and an eccentric compound near Butterfly Beach.
September 4, 2020
The week's top price reductions also include a peach elephant, Padaro Lane beachfront, 21 acres west of Toro Canyon, a WASP delight, and more.
June 27, 2020
The week's other top price changes: Eleven-acre teardown with ocean views; the worst of the 1980s on Sea Cliff; suburban exterior with stylish interior in Ennisbrook; cute old Spanish house downtown.
May 15, 2020
And one just got price-chopped by $4.25 million. The week's other top reductions: Spec renovation approaches the sweet spot; 1900 George Washington Smith Tudor; family-friendly redo with a nice backyard; Sea Cliff house inches toward reality.
March 6, 2020
The week's other top price reductions: Shockingly low price for a 6,100-square-foot Picacho Lane estate (↓$500K); Sea Cliff house inches its way toward reality (↓$85K); Birnam Wood new-build ($325K); and three Olive Mill condos (↓$1.164 million in total).
January 31, 2020
The week's other top price reductions: Fancy Montecito estate with pedigree names behind it; funky architecture across from San Ysidro Ranch; adorable 1920s house on APS; and big views offset by bad choices.
October 4, 2019
Open houses this weekend: A sweet little Montecito farmhouse; a new-build that feels old in all the right ways; a funky slice of the Upper East; a real eye-popper with amazing ocean views; and many more.
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It is kind of complex to tease out who bears the risks and benefits in these projects that have public and private parties involved. I… — SBradley
Very interesting. If Yardi is paying anywhere near $120M + $35M + $5.7M for almost 250k empty square feet, this is going to take a… — NuemanJ
I think some folks who would consider this is a windfall for Yardi may be overlooking two things: 1)The cost to Yardi to buyout AB's… — StanThompson
Just realizing I did not address your first point. The buildings on the property have been up for sale, and their value is also depressed… — SBradley
I think that the city's representation of this land as having ‘zero value’ is confusing because it sums together the value of 2 distinct things… — SBradley
No idea whether this is a good deal for Yardi or not. Paseo Nuevo has been available for sale since 2020 with no buyers -… — NuemanJ
I wish this same logic worked for Thrifty ice cream! According to the BLS inflation calculator, something that cost 5 cents in 1970 should cost… — Doug B
I'm unclear how bike lanes are related to maga. For that matter please explain how freeways and rail lines are remotely maga in a state… — Bettye Jones
Worth knowing about the Paseo Nuevo deal: the city is skipping the required competitive bidding process for this public land transfer by using the state-approved… — SBradley
This write up is such a biased take that sides with a handful of people. I imagine the people groaning about this project have a… — Yesenia G.
Recent Comments
It is kind of complex to tease out who bears the risks and benefits in these projects that have public and private parties involved. I… — SBradley
Very interesting. If Yardi is paying anywhere near $120M + $35M + $5.7M for almost 250k empty square feet, this is going to take a… — NuemanJ
I think some folks who would consider this is a windfall for Yardi may be overlooking two things: 1)The cost to Yardi to buyout AB's… — StanThompson
Just realizing I did not address your first point. The buildings on the property have been up for sale, and their value is also depressed… — SBradley
I think that the city's representation of this land as having ‘zero value’ is confusing because it sums together the value of 2 distinct things… — SBradley
No idea whether this is a good deal for Yardi or not. Paseo Nuevo has been available for sale since 2020 with no buyers -… — NuemanJ
I wish this same logic worked for Thrifty ice cream! According to the BLS inflation calculator, something that cost 5 cents in 1970 should cost… — Doug B
I'm unclear how bike lanes are related to maga. For that matter please explain how freeways and rail lines are remotely maga in a state… — Bettye Jones
Worth knowing about the Paseo Nuevo deal: the city is skipping the required competitive bidding process for this public land transfer by using the state-approved… — SBradley
This write up is such a biased take that sides with a handful of people. I imagine the people groaning about this project have a… — Yesenia G.