March 8, 2022
Last week's sales include a Butterfly Beach time capsule on the market forever; Jeff Shelton's Pistachio House; 1931 Edwards & Plunkett on a Lower Riviera cul-de-sac; the San Marcos Pass Road house with the massive boulder; several profitable flips; and more.
December 10, 2021
Noteworthy new listings also include a Montecito flip attempt shooting for almost $3 million profit; widescreen views in Alta Mesa; a froufrou townhouse on Equestrian Avenue; another Whitney Avenue house in Summerland; and a groovy "Tahoe-inspired" guest house.
August 2, 2020
Everything is getting bought—even properties that have been for sale for years. Here are the 11 notable closings of the past week.
April 10, 2020
The week's other top price reductions: Mesa oceanfront compound drops by another million; new-build in northwest Montecito with location concerns; Hope Ranch ranch house; Samarkand contemporary.
January 24, 2020
The week's other top price reductions: Sexy-in-an-80s-way villa on Eucalyptus Hill; the Mesa compound where you can buy the whole thing or just a part; precious little cottage steps from East Beach; a big, appealing new-build on E. Mountain Drive.
October 30, 2019
Open houses this weekend: A circa-1900 gem on the Lower Riviera; a big new-build house above Westmont College; modernist pizzazz on Sea Ranch Drive; Montecito retreat with a cool, louche vibe; a fresh spec renovation; 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.