Tesla Investor Takes Tuscan-style Home
By Richard Mineards   |   November 26, 2020

One of the major investors in the electric car giant Tesla has splashed out $18 million on a new Montecito home and is moving here from Beverly Hills. Alan Salzman, 63, heads VantagePoint Capital Partners and owns 7 million shares in the auto company worth more than $2.3 billion. His new hilltop Tuscan-style property was […]

A New Lease on Life
By Richard Mineards   |   November 19, 2020

Carpinteria twosome Ashton Kutcher, 42, and wife Mila Kunis, 37, have listed their 7,351-square-foot Beverly Hills home on half an acre for rent. The property in Hidden Valley in the mountains above Coldwater Canyon is a guard-gated community with neighbors including singers Adele and Katy Perry, and actresses Nicole Kidman and Jennifer Lawrence. The estate, […]

 

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McMansion on the Market
By Richard Mineards   |   November 12, 2020

A stunning 554-acre ranch once owned by McDonald’s mogul Ray Kroc in the Santa Ynez Valley is up for grabs, for $29 million. Kroc and his wife, Jane, a former secretary to the actor John Wayne, bought the property in the Happy Valley area 16 miles from the late singer Michael Jackson’s Neverland Ranch in […]

Girl Power
By Richard Mineards   |   November 12, 2020

The venerable Granada was socially gridlocked when the popular Danish String Quartet returned to Santa Barbara with the Danish National Girls’ Choir, under conductor Phillip Faber, putting on an entertaining UCSB Arts & Lectures concert. The Fab Four – violinists Rune Tonsgaard Sorensen and Frederik Oland, violist Asbjørn Norgaard, and cellist Fredrik Schoyen Sjolin – […]

Welcome to the Neighborhood
By Richard Mineards   |   November 5, 2020

It was just four months ago that singer Ariana Grande splashed out $6.75 million for a Tudor-style home, The Porter House, consisting of two bedrooms and three bathrooms in two antique barns that had been imported from England, and just a month later Prince Harry and his wife Meghan spent $14.5 million for a nine-bedroom, […]

The Over $10 Market… Million, That Is
By Mark Hunt   |   November 5, 2020

When people from around the world think of Montecito, many conjure up images of hilltop homes and sprawling estates, the Four Seasons Biltmore, Butterfly Beach, San Ysidro Ranch, and the new Rosewood Resort at Miramar Beach. Yes, Montecito is all of that and more. By more I mean, that one has more options than just […]

Mega Mansions on the Market
By Leslie Westbrook   |   November 5, 2020

For anyone wanting to live the Summerland version of “Lifestyles of the Rich and Famous,” two of the town’s grandest estates are on the market. Both are owned by polo patrons: there are digs and playing fields for the horses that far outshine many Summerland beach shacks. Tuscany Oaks Farm, a seven-bedroom, 10-bath polo estate […]

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Ellen Puts Estate on Market
By Richard Mineards   |   October 29, 2020

TV talk show host and serial real estate flipper Ellen DeGeneres and her longtime wife-actress Portia de Rossi have put on the market their latest acquisition in our rarefied enclave for $39.9 million. They purchased the bulk of the Bali-esque Montecito spread last year for $27 million, but since then have expanded the complex, which […]

Homes in the $4 to $5 Million Range
By Mark Hunt   |   July 23, 2020

The months of May and June, and now into July 2020, are proving to be the most active real estate months that many can remember in Montecito during the past 15+/- years. Whether it be Boomers flexing their buying muscle and finally committing to a place in Montecito, perhaps Ellen’s celebrity friends, the Bay Area […]

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Real Estate Snapshot
By Kelly Herrick   |   June 25, 2020

Montecito Market Update Real estate transactions in Montecito have been steadily increasing over the last two months, reflecting an influx of out-of-town buyers flocking to purchase in the 93108 zip code since the COVID-19 pandemic shutdown began mid-March. The last few weeks have been incredibly active, with 28 homes going into escrow in Montecito since […]

Mortgage Happenings
By Jon McCuskey   |   June 25, 2020

We as consumers have plenty to talk about in our current environment. The world overall has shifted into a new existence with many changes affecting our personal, business, and political lives. The mortgage world is no exception. Since March, lenders have seen their pipelines swell with refinance business due to absurdly low interest rates, while […]

Montecito Gets Its Mojo Back
By Peter Kiefer   |   June 25, 2020

One of the handful of go-to real estate agents for Montecito, Dan Encell has been studiously observing the ebb-and-flow of the crown jewel of Santa Barbara’s luxury housing market for more than three decades. He’s seen it all, but even Encell was surprised by the insistent ringing of his cell phone at a time when […]

Real Estate Appraiser Greg Brashears: Appraising Your Home’s Value During a Pandemic
By Claudia Schou   |   June 25, 2020

As we wrestle with the evolving ramifications of the COVID-19 pandemic, Santa Barbara’s commercial real estate world is learning how to conduct business at a distance, leaving previously on-site activities on the sidelines. MJ recently caught up with Santa Barbara native and real estate appraiser Greg Brashears to discuss navigating through a pandemic and all […]

$8 and up… Million, That Is
By Mark Hunt   |   June 25, 2020

To say it has been an active spring in the Montecito Real Estate market would be an understatement. Without even taking into considering the recent, national challenges, and even when comparing to most 45+/- day periods, regardless of market conditions in recent years, it has been a good six weeks in the Montecito Real Estate […]

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