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INDEPENDENT REAL ESTATE JUNE 16, 2022 realestate.independent.com
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1030 ARBOLADO ROAD, SANTA BARBARA 2BD/2BA; ±0.49 acres • $4,375,000 Laura Drammer, 805.448.7500 LIC# 01209580
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JUNE 16, 2022
OPEN SAT 1-3/SUN 11-1
2750 LATIGO DRIVE, SOLVANG 3BD/3BA; GH; ±20.07 acres • $3,950,000 Laura Drammer, 805.448.7500 LIC# 01209580
107 W QUINTO STREET, SANTA BARBARA 3BD/2½BA • $2,395,000 John Finseth, 805.403.3151 LIC# 01317331
OPEN SUN 1-3
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425 WYOLA ROAD, SANTA BARBARA 3BD/2½BA • $1,750,000 Jeanne Palumbo, 805.689.1968 LIC# 00620622
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630 ROSKILDE ROAD, SOLVANG 2BD/2BA • $630,000 Randy Freed & Kellie Clenet, 805.895.1799 / 805.705.5334 LIC# 00624274 / 01434616
© 2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
119 HOLLISTER RANCH ROAD, GAVIOTA 3BD/2BA; built in 2021; avocado orchard • $8,500,000 Laura Drammer / Cole Robbins, 805.448.7500 LIC# 01209580 / 199501434
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13800 HIGHWAY 101, GOLETA 4BD/5BA; ±3100 acres • $45,000,000 Kerry Mormann & Associates, 805.682.3242 LIC# 00598625
39250 ORTEGA HWY, SJ CAPISTRANO 4BD/3BA; ±1225 acres • $22,950,000 Jody Neal, 805.252.9267 LIC# 01995725
122 HOLLISTER RANCH, SB GOLETA N ±105 acres; 1/3 interest • $4,750,000 Ken Switzer, 805.680.4622 LIC# 01245644
7320 SANTOS RD, SANTA RITA HILLS 4 hms; vnyd; eques; ±30.71 acres • $4,750,000 Laura Drammer, 805.448.7500 LIC# 01209580
1447 REMINGTON DR, SANTA YNEZ 4BD/2BA • $2,400,000 Anderson / Hurst / Aitken, 805.618.8747 LIC# 01903215 / 00826530 / 00882496
1535 COUGAR RIDGE RD, BUELLTON 5BD/3½BA + office; ± 20.11 acres • $2,375,000 Laura Drammer, 805.448.7500 LIC# 01209580
O P E N S AT 2 - 4
2899 BUCKBOARD LN, SOLVANG 3BD/4BA + 2 ofcs; ±0.79 acres • $2,299,000 Cammy Godeck-Pinoli, 805.452.9725 LIC# 02074002
OPEN SUN 1-3
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O P E N S AT 1 1 - 1
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3065 LONG CANYON RD, SANTA YNEZ 3BD/3BA • $3,395,000 Claire Hanssen, 805.680.0929 LIC# 00887277
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© 2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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523 MYRTLE CT, SOLVANG 4BD/2½BA; ±.39 acre • $1,850,000 L. Drammer / C. Godeck, 805.448.7500 LIC# 01209580 / 02074002
0A FOOTHILL RD, NEW CUYAMA ±50 acres • $1,500,000 Katya Sheets / Sunnie Maxwell, 805.708.2323 LIC# 02061444 / 01463861
210 E HIGHWAY 246, BUELLTON 2 homes; ±1 acre; river view lot • $1,250,000 Jamie Jo Sim, 805.689.5799 LIC# 01234347
5659 STINSON WY#101, GOLETA 3BD/2½BA • $1,250,000 Robert Walsmith Jr., 805.720.5362 LIC# 01932231
001 SWEENEY RD, LOMPOC ±81 acres • $725,000 Jody Neal, 805.252.9267 LIC# 01995725
2641 FLORENCE AVE, SANGER 3BD/3BA; ±17,080 sf • $675,000 Joe Lopez, 805.354.4642 LIC# 02088810
8300 FOOTHILL RD, NEW CUYAMA ±76.43 acres • $450,000 Katya Sheets / Sunnie Maxwell, 805.708.2323 LIC# 02061444 / 01463861
0B FOOTHILL RD, NEW CUYAMA ±40 acres • $250,000 Katya Sheets / Sunnie Maxwell, 805.708.2323 LIC# 02061444 / 01463861
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695 VIA HIERBA, SANTA BARBARA 6BD/6BA • $12,500,000 Team Scarborough, 805.331.1465 LIC# 01182792
500 MEADOW WOOD LN, MONTECITO UPPER 4BD/3BA + 2 offices • $6,650,000 Daniel Encell, 805.565.4896 LIC# 00976141
O P E N S AT 1 - 4 / S U N 1 : 3 0 - 4
870 ARCADY RD, MONTECITO 4BD/2BA + 2BD/1BA guest house • $4,500,000 Scott Williams, 805.451.9300 LIC# 00628741
840 IVY LN, SANTA BARBARA 4BD/2½BA; ±1 acre • $6,950,000 Daniel Encell, 805.565.4896 LIC# 00976141
O P E N S AT 1 2 - 4 / S U N 1 - 4
1405 ALAMEDA PADRE SERRA, RIVIERA 4BD/3BA • $3,795,000 The Easter Team, 805.570.0403 LIC# 00917775
29 SEAVIEW DR, MONTECITO 2BD/2BA; MontecitoShoresCondo.com • $3,175,000 Kathleen Winter, 805.451.4663 LIC# 01022891
1153 PALOMINO RD, SANTA BARBARA 3BD/2BA; ±1.43 acres • $2,995,000 Bartron Real Estate Group, 805.563.4054 LIC# 01005021
103 ALOSTA DR, CAMARILLO 5BD/6BA • $2,950,000 Sherry Zolfaghari, 805.386.3748 LIC# 01060866
28 ST FRANCIS WY, SAN ROQUE 5BD/4BA • $2,695,000 The Easter Team, 805.570.0403 LIC# 00917775
O P E N S AT 1 - 3 / S U N 2 - 4
O P E N S AT 1 - 3 / S U N 2 - 4
O P E N S AT 1 - 3 :3 0 / S U N 2 - 4
5130 OGAN RD, CARPINTERIA 4BD/4BA • $2,295,000 Yolanda Van Wingerden, 805.570.4965 LIC# 01308141
5140 OGAN RD, CARPINTERIA 4BD/2½BA • $2,195,000 Yolanda Van Wingerden, 805.570.4965 LIC# 01308141
1680 FREDENSBORG WY, SOLVANG 5BD/4½BA • $2,495,000 Claire Hanssen, 805.680.0929 LIC# 00887277
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1209 CIMA LINDA LN, MONTECITO 2BD/2½BA • $7,950,000 Cristal Clarke, 805.886.9378 LIC# 00968247
O P E N S AT 1 - 4 / S U N 1 2 - 4
JUNE 16, 2022
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O P E N S AT 1 2 - 4 / S U N 2 - 4
3923 LAGUNA BLANCA DR, HOPE RANCH 3BD/4BA; ±1.01 acres • $8,995,000 Nancy Kogevinas, 805.450.6233 LIC# 01209514
O P E N S AT 12 - 2 / S U N 1 - 3
1220 COAST VILLAGE RD#307, MONTECITO 2BD/2BA • $1,950,000 Deborah Samuel, 805.570.6680 LIC# 02119798
11 S SALINAS ST, SANTA BARBARA 3BD/2BA • $1,299,000 The Easter Team, 805.570.0403 LIC# 00917775
286 N KELLOGG AVE, GOLETA 3BD/2BA • $1,995,000 Steve Heller, 805.252.2749 LIC# 00929496 / 01317331
1412 PASEO DEL OCASO, STA BARBARA 2BD/2BA; ±1.10 acre • $1,995,000 Jeanne Palumbo, 805.689.1968 LIC# 00620622
O P E N S AT / S U N 2 - 4
1308 N SALSIPUEDES ST, STA BARBARA 2BD/1BA • $1,195,000 Kathy Strand Spieler, 805.895.6326 LIC# 00851281
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333 HARTNELL RD, ORCUTT 3BD/2BA • $695,000 Mathew Raab, 805.705.5486 LIC# 02063526
© 2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
O P E N S AT / S U N 1 - 4
1911 Grand Avenue – Offered at $2,295,000
• City, mission and ocean views from breathtaking upper level primary suite • Roosevelt Elementary • 2-car garage and separate storage
OPEN HOUSES Thursday 6/16, 10AM-1PM Saturday 6/18, 1-3PM Sunday 6/19, 1-4PM
BETH GOODMAN
JAMIE SIM
(805) 455-1909 Beth@BartronGroup.com DRE#00966870
(805) 689-5799 JamieSim@BHHSCal.com DRE#01234347
©2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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3 bedrooms; 2.75 bathrooms 2,120 sq. ft. set on 0.09 acres Privacy and charm at every turn Lower level studio - opportunities!
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• • • •
JUNE 16, 2022
Nestled into the Santa Barbara Riviera sits this 1920’s Craftsman gem, with privacy and charm that cannot be overstated. Reminiscent of a by-gone era with hints of European heritage and whimsy, wood floors, screen porches, picture windows, built-ins and custom details can be appreciated at every turn, all lovingly cared for by the same family for over 50 years. Listed as a three bedroom, three bath with 2,120 square feet, this home has a unique floor plan that allows for additional rooms and second-unit possibilities. Significant infrastructure and cosmetic upgrades were completed in the 1990’s when a Sunset Magazine award-winning kitchen was designed with an emphasis on the Norwegian roots of the long-time stewards. A spacious and awe-inspiring second story addition was also added to capture the breathtaking views of Santa Barbara including the Mission, Mesa and Ocean. Refreshingly uncommon and authentic, with thoughtful and playful touches that highlight the love that this home has received through the years, this property is not to be missed. Its walkability to town, the Mission Rose garden and an easy lock-andgo lifestyle make this a truly special property.
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1920’s Riviera Craftsman with Views
Hedge Fund Superstar Pete Muller Discusses Finance, Music, and Philanthropy
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INDEPENDENT REAL ESTATE
JUNE 16, 2022
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Text and photos by Gail Arnold
Jillian and Pete Muller
O
n May 25, Montecito resident Pete Muller held an album release party on the rooftop of the Kimpton Canary Hotel for Spaces, his recently released album recorded with his band The Kindred Souls. Throngs of his fans turned out, along with supporters of the nonprofit One805, which Muller introduced to his fans. Some guests, including myself, came out to see the secretive hedge fund superstar who turns out to be a talented musician. In a rare interview, Muller shared some morsels of info on his hedge fund and discussed music and philanthropy. In 1992, Muller joined Morgan Stanley, where he formed the wildly successful group Process Driven Trading, which used quantitative models to manage an investment portfolio. In 2013, because of the Volker Rule, he went out on his own, forming the hedge fund PDT Partners. According to Pensions & Investments, PDT has $8 billion in assets under management. This level of assets wouldn’t be so remarkable for a hedge fund, except that the majority of its assets are internal. By 2020, all external investors in its main fund, the Partners Fund, had been fully redeemed. Since then, the fund only invests the money of employees, former employees, and Muller. Two smaller funds, the Mosaic Fund and the Element Fund, have internal and external investors. When asked about PDT’s recent performance, Muller murmured, with a humble laugh, “We do okay; we do more than okay.” The karma of his interactions with investors, Muller relates, is paramount. He wants investors to say, “It was a great ride, and we wish we could keep going, but we understand.” SEC rules prohibit disclosure of hedge fund returns, but according to an undisclosed source, PDT gets Bernie Madoff returns without being a Ponzi scheme. A 2016 Forbes article, which contains about the only interview Muller has given on his finance career, stated that Muller was Morgan Stanley’s “super-secret weapon,” who quietly brought in big earnings each year. Asked about the lack of interviews, Muller related that when he was building his group, they figured out some secrets and didn’t want anybody to know about them. Publicity was never needed to get clients, Muller concedes: “We are lucky that way.” When he went out on his own, he took his 80-person staff with him, but his new firm needed more PhDs, and with his obscurity, he had some difficulty recruiting top PhD talent. So he agreed to the Forbes article for a recruitment tool, which worked brilliantly, and then he went back to secrecy. For the past few years, a big focus for Muller has been trying to figure out who is going to succeed him, noting that in the hedge fund industry, it has been very hard for a fund to continue its success once the founder steps down.
Pete Muller and The Kindred Souls
Fortunately, he shares, he has a team of amazing people who are very smart and love what they do. Muller does not fit the Wall Street stereotype at all — he’s exceedingly kind, warm, happy, casual, and relaxed. And he is much more interested in talking about his music than his hedge fund. He describes the music as “Americana with a rock soul vibe.” Spaces, his fifth album of original songs, is a varied collection of tunes that, according to Muller, “balances head and heart in equal measure, as it wrestles with questions of love, connection, purpose, and identity.” In the songwriting process, Muller shared that he goes as deep as possible in probing his feelings, and this depth is palpable in these songs. The album was produced by Rob Mathes (Bruce Springsteen, Elvis Costello, Elton John, Aretha Franklin, Sting), who, Muller relates, did some great arranging with strings and horns and pushed him in some fantastic ways. Songs from previous albums have gotten some good radio play, and just before the pandemic, Muller was doing 50 shows a year on tour — a level he hopes to get back to — as he loves playing in quiet listening rooms. The otherwise modest Muller shares that the hard part is getting people in the seats — typically, once people hear him and the band play, he said, they say, “Wow, come back. We want to hear more.” Muller writes songs, he shares, because sitting down at the piano is the best way he’s found to figure out what he is feeling and to express those feelings. When he first started writing, he felt that it was the only way to process a relationship breakup. Figuring out what one is really feeling inside, according to Muller, is the most important challenge for all of us. Songwriting has helped Muller with relationships, with being a dad, and with running his company. If you go through life not aware of your emotions or ignoring them, Muller relates, they will end up hijacking your brain. Through music, he gets in touch with what is going on inside before that can happen. When he started songwriting, he confesses with a chuckle, he thought, “Oh, my heart is broken — that has never happened to anyone before.” He has since grown as an artist, having learned to write songs that connect with people. It takes work — inspiration, Muller shares, is for amateurs. You need to write even if you don’t have the full inspiration. So in 2000, he started writing songs, and the next year, he began hosting a songwriting circle, where every week he would cook dinner, others would bring wine, and everyone brought a new song. Muller credits five years of this regimen with really helping him grow as a writer.
In the past few years, his songwriting has come in bursts, aided by Zoom sessions with other songwriters who commit to writing a song each week for five to seven weeks. Deadlines work for Muller. Running a successful hedge fund would be a demanding, full-time job for most people, leaving insufficient time for a musical career, but Muller loves working and creating and shares that he is not very good about having a lazy day. The creative process gives him energy especially, he relates, if it is lifting up and inspiring others. The nature of his hedge fund business enables him to be gone for weeks at a time to do his songwriting and touring. The way PDT Partners engages with markets, according to Muller, is much more like a research lab than a hedge fund. A team of nearly 40 super-smart PhDs spend a lot of time looking at data and building models to help predict the future prices of different financial assets. Unlike at the start of the business, now he doesn’t need to oversee the operation daily. The music and finance sides of his life, Muller maintains, balance each other. The joy and success that he has found in music has improved his ability to be a good leader at PDT. Muller attributes an earlier, difficult time in his life to the absence of music. While at Morgan Stanley in the 1990s, Muller relates that he was making more money than he ever dreamed he would, but he was unhappy, in part because of a relationship ending. After a sabbatical in 1999, he returned, working a few days a week, under an agreement that allowed for a gradual phase-out from the business and time for music. In that earlier, unhappy period, Muller had stopped playing music, which had made him lose balance. He resolved that going forward, music and finance would coexist. He began hosting the songwriting circle, put out a couple of albums, got married, and, in 2007, moved to Santa Barbara. The phase-out at PDT never happened — in 2006, he was back full-time, but since 2007, he has been running the company mostly from Santa Barbara, where he can balance work, family, music, and surfing. Muller and The Kindred Souls, whose members do not live locally, have no scheduled shows in Santa Barbara, but in the fall, Muller will do some solo/duo gigs at Local in Montecito.
For more on Muller’s music, go to petemuller.com. For more info on One805, go to one805.org. For Muller’s thoughts on philanthropy, please see the longer online version of the story at independent.com/ society.
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JUNE 16, 2022
210 Las Palmas Offered at $4,295,000
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695 Via Hierba Offered at $12,500,000
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805.331.1465 Jim Scarborough | DRE#01182792 Ann Scarborough | DRE#01050902 Mckenzie Scarborough
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SAN MARCOS PASS
SANTA YNEZ
Grantwoods Property
Rancho San Marcos
Refugio Road Farm
14+/- ACRES | $14,000,000
297 +/- ACRES | $12,000,000
3BD | 2BA | $4,125,000
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B E R T R A N D D E G A B R I A C 805.570.3612
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P A T T Y C A S T I L L O 805.570.6593
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Secret Gardens in Santa Ynez
Ocean View Home in Summerland
Charming Downtown Duplex
3BD | 2BA | $1,795,000
3BD | 2BA | $1,595,000
2BD | 2BA | $1,350,000
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P A T T Y M U R P H Y 805.680.8571
L A U R A C O L L E C T O R 805.451.2306
T H E O L I V E R S 805.680.6524
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OJAI
Montecito’s Finest Golf Club Home
J A S O N S I E M E N S 805.455.1165
3BD | 3BA/1PBA | $6,125,000 SANTA BARBARA REGION BROKERAGES | SANTA BARBARA | MONTECITO | SANTA YNEZ VALLEY
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T Y L E R M E A R C E 805.450.3336 R E N E E M A R V I N 805.698.1590
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Exclusive Polo Condo
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2BD | 2BA | $1,200,000
1,691+/- SQ FT | $1,150,000
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M A U R E E N M C D E R M U T 805.570.5545 M A U R E E N M A R T I N E Z 805.708.9773
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Upper Ojai Estate
R O S A L I E Z A B I L L A 805.455.3183
4BD | 3BA/1PBA | $3,900,000
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SAT 1–3PM
642 W De La Guerra
$1,375,000
Your opportunity to own this unique 1920’s California bungalow on the Westside. First time on the market in over 50 years. Lovingly maintained and crafted upgrades over the years. The original residence boasts many era archways, an inviting front porch and spacious living area with plenty of natural light. Enjoy a large primary with an ensuite bathroom. Spacious kitchen that opens to the dining room and interior laundry room for added convenience. Situated on a spacious R-2 lot with room for creativity near Santa Barbara’s modern amenities and downtown, yet moments from the Mesa, harbor and beaches.
Hitchcock + Associates Kat Hitchcock, Kylie Tersigni Kara Morison 805.351.2101 team@hitchcockre.com DRE 01932289/ 02066142 @hitchcockassociates
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License number 01991628. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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319 W Los Olivos St | Santa Barbara | 1BD/5BA DRE 00852118 | Offered at $1,849,000 Jeff Oien 805.895.2944
4949 Yaple Ave | Santa Barbara | 3BD/2BA DRE 01005773 | Offered at $1,350,000 Gregg Leach 805.886.9000
560 Toro Canyon Park Rd | Montecito | 6BD/10BA DRE 01447045 | Offered at $26,500,000 Riskin Partners Estate Group 805.565.8600
805 Ayala Ln | Montecito | 5BD/5BA DRE 01447045 | Offered at $23,500,000 Riskin Partners Estate Group 805.565.8600
770 Hot Springs Rd | Montecito | 7BD/7BA DRE 01447045 | Offered at $18,500,000 Riskin Partners Estate Group 805.565.8600
1547 Shoreline Dr | Santa Barbara | 5BD/7BA DRE 01447045 | Offered at $14,300,000 Riskin Partners Estate Group 805.565.8600
1220 Franklin Ranch Rd | Goleta | 3BD/5BA DRE 01463617 | Offered at $12,500,000 Knight Real Estate Group 805.895.4406
2255 Ortega Ranch Rd | Montecito | 3BD/4BA DRE 01447045 | Offered at $10,995,000 Riskin Partners Estate Group 805.565.8600
1922 Jelinda Dr | Santa Barbara | 3BD/4BA DRE 02125478 | Offered at $6,995,000 Casey Turpin 805.969.8900
2347 E Valley Rd | Montecito | 6BD/8BA DRE 01402612 | Offered at $5,995,000 Marcy Bazzani 805.717.0450
4815 Sandyland Rd Unit A | Carpinteria | 4BD/4BA DRE 01391451 | Offered at $3,975,000 Lynn Z Gates 805.705.4942
2460 Golden Gate | Summerland | 5BD/3BA DRE 01384768 | Offered at $2,650,000 Farideh Farinpour 805.708.3617
2340 Varley St | Summerland | 3BD/1BA DRE 00780607/01462628 | Offered at $2,495,000 Henderson/Madden 805.689.1066
555 E Montecito St | Santa Barbara | 3BD/4BA DRE 00545125 | Offered at $1,675,000 Tomi Spaw 805.698.7007
2646 Calle Real #1 & #2 | Santa Barbara | 5BD/2BA DRE 00475295 | Offered at $1,595,000 Loyd Applegate 805.570.4935
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3599 Padaro Ln | Carpinteria | 5BD/6BA DRE 01397913 | Offered at $29,500,000 Emily Kellenberger 805.252.2773
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888 Lilac Dr | Montecito | 6BD/8BA DRE 01447045 | Offered at $33,500,000 Riskin Partners Estate Group 805.565.8600
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3165 Padaro Ln | Carpinteria | 7BD/9BA DRE 01447045 | Offered at $65,000,000 Riskin Partners Estate Group 805.565.8600
LOCALLY OWN ED | G LO BALLY C O N N ECT ED WE REAC H A GLO BAL AU D I E N C E T H ROUG H OU R EXC LUSIVE AFFILIAT ES LEARN M O RE AT VILLAG ES IT E .C O M All information provided is deemed reliable, but has not been verified and we do not guarantee it. We recommend that buyers make their own inquiries.
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CRAWFORD SPEIER GROUP
805.717.0450 | marcy@villagesite.com villagesite.com | DRE 01402612
805.683.7335 | csgroup@villagesite.com csgroupsb.com | DRE 01440068
4750 CALLE CAMARADA
116 ORIZABA ROAD
1165 E. COTA STREET
5361 SANTA ROSA LANE
OFFERED AT $1,199,000
OFFERED AT $1,100,000
OFFERED AT $3,495,000 OFFERED AT $1,495,000
7922 RIO VISTA DRIVE
BOB CURTIS
CIMME EORDANIDIS
805.683.7333 | bob@villagesite.com soldonsantabarbara.com | DRE 00938841
805.722.8480 | cimme@villagesite.com villagesite.com | DRE 01745878
4066 SONRIENTE ROAD
4709 CALLE REINA
4701 VIA LOS SANTOS
280 SAVONA AVENUE
OFFERED AT $4,995,000 OFFERED AT $3,695,000
OFFERED AT $1,269,000
OFFERED AT $1,250,000
4531 CARRIAGE HILL DRIVE OFFERED AT $1,595,000
360 MORETON BAY LANE #3 OFFERED AT $720,000
373 NORTHGATE DRIVE #A OFFERED AT $599,000
12
INDEPENDENT REAL ESTATE
JUNE 16, 2022
realestate.independent.com
OFFERED AT $1,039,000
CARA GAMBERDELLA
ANNA HANSEN
805.680.3826 | cara@villagesite.com caragamberdella.com | DRE 01766267
805.901.0248 | annavillage.re@gmail.com venturahomesalestoday.com | DRE 01712742
202 SALIDA DEL SOL
202 VALLERIO AVENUE
5211 KEO DRIVE
1441 PORT DRIVE
3839 MARIANA WAY
332 FUERTE DRIVE
359 ZINK AVENUE
10066 WILLAMETTE STREET
OFFERED AT $2,395,000 OFFERED AT $1,395,000 OFFERED AT $1,150,000
OFFERED AT $1,095,000
OFFERED AT $1,295,000 OFFERED AT $715,000
OFFERED AT $624,592
OFFERED AT $632,280
2803 ANTONIO DRIVE #306 OFFERED AT $375,000
LOCALLY OWNED | GLOBALLY CONNECTED | LEARN MORE AT VILLAGESITE.COM | DRE 01206734 All information provided is deemed reliable, but has not been verified and we do not guarantee it. We recommend that buyers make their own inquiries.
We Proudly Congratulate These Fine Agents
For Their Outstanding Representation & Successful Closings
ANDY KATSEV
DAVID M. KIM
805.896.2010 | andy@villagesite.com sbrealestatesearch.com | DRE 01348655
805.296.0662 | david@villagesite.com dkgroupsb.com | DRE 01813897
1032 DIAMOND CREST
1060 LAS ALTURAS ROAD
OFFERED AT $2,495,000
349 ASH AVENUE #4 OFFERED AT $1,529,000
2937 HERMOSA ROAD OFFERED AT $1,495,000
OFFERED AT $3,149,000
2825 MIRADERO DRIVE OFFERED AT $2,150,000
314 W. DE LA GUERRA #C OFFERED AT $1,375,000
5080 RHOADS AVENUE #C
805.689.3277 | deja@villagesite.com villagesite.com | DRE 02074885
805.331.7402 | senerjones@villagesite.com villagesite.com | DRE 00978392
2860 WOODSTOCK ROAD
3245 CAMPANIL DRIVE
20149 GILMAN ROAD
450 PASEO DEL DESCANSO
OFFERED AT $2,450,000 OFFERED AT $599,000
OFFERED AT $7,000,000 OFFERED AT $2,195,000
3778 CENTER AVENUE OFFERED AT $2,000,000
1424 LAGUNA STREET #A OFFERED AT $1,595,000
realestate.independent.com
SENER JONES ASSOCIATES
JUNE 16, 2022
DEJA RABB
INDEPENDENT REAL ESTATE
OFFERED AT $965,000
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CURTIS SWANN
ELIZABETH WAGNER
805.607.9709 | curtis@villagesite.com santabarbaraswan.com | DRE 02049218
805.895.1467 | elizabeth@villagesite.com ElizabethWagner.com | DRE 01440591
9540 GALLINA COURT
2952 VENTURA DRIVE
853 BRIARWOOD WAY
1196 EDGEMOUND DRIVE
5940 ENCINA ROAD UNIT 2
6168 CRAIGMONT DRIVE
OFFERED AT $1,675,000
OFFERED AT $1,399,000 OFFERED AT $625,000
OFFERED AT $1,750,000
OFFERED AT $1,695,000 OFFERED AT $1,315,000
2746 MIRADERO DRIVE OFFERED AT $1,095,000
WE REACH AN INTERNATIONAL AUDIENCE THROUGH OUR EXCLUSIVE AFFILIATES
realestate.independent.com JUNE 16, 2022 INDEPENDENT REAL ESTATE
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1903 COYOTE CIR, MONTECITO Tuscan Mediterrean Montecito Estate. Gated for privacy, single story, ocean & mountain views, long driveway with lush landscape on .8 acres. Remodeled with much attention to detail. Iron work by Steve Handelman. 3 BD | 3 BA
Offered at $3,474,000
JO ANN MERMIS 805.895.5650 JoAnnMermis@bhhscal.com RealEstatebyJoAnn.com DRE 00891742
© 2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Just Listed by the Easter Team
INDEPENDENT REAL ESTATE JUNE 16, 2022
1405 Alameda Padre Serra | Santa Barbara 93103 | $3,795,000
Feel instantly relaxed when you walk through the front door to take in the most awe-inspiring unobstructed views on the Santa Barbara Riviera. This 3 bedroom, 3 bathroom home with a den and an office sits on .84 acres. Enjoy breathtaking sunrises and sunsets over the ocean and sparkling views of the city lights at night.
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PROPERTY HIGHLIGHTS: Unobstructed ocean, island, city views • Spacious backyard with deck and lawn • 3 entry level bedrooms Entry level primary bedroom with walk in closet • Dual living potential • Drive-through driveway and additional parking Close proximity to El Encanto, downtown Santa Barbara, and Montecito.
GLORIA EASTER DRE #00917775
JENNY EASTER DRE #01858581
BROOKE EBNER DRE #01923719
realestate.independent.com
Open House: June 16th, 10AM–1PM | June 17th, 4PM–7PM | June 18th, 12PM–4PM | June 19th, 1PM–4PM
TAYLOR PHILLIPS DRE #01912018
805.570.0403 | Associates@EasterTeamRealtors.com | EasterTeamRealtors.com
REAL Service . REAL People . REAL Trust. REAL ESTATE.
© 2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Delivering concierge level service, always.
Steve Epstein
Kendrick Guehr
Brooke Williams
Stan Aslanian
Jedd Hewitt
David Vartabedian
DRE #994429
realestate.independent.com
DRE #1866069
Ryan Yack
DRE #2049534
DRE #1964065
DRE #19710222
DRE #2118814
DRE #1295316
Stan Krome
Kate Heitmann
DRE #967246
DRE #2160043
805.689.9339 TheEpsteinPartners.com
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INDEPENDENT REAL ESTATE
JUNE 16, 2022
1235 Coast Village Road
Ajia Orozco Marketing
Roman
1503 Chapala Street
2535 & 2605 Bath Street RARE OPPORTUNITY: Desirable, centrally located property with TWO separate houses, each with hardwood floors, fireplace and generous private yards. These charming homes are surrounded by tall hedges and locked gates. The 3 bedroom, 2 bath home boast a large deck, outside kitchen and Hot Springs Spa. The second private, cute as a button, cottage has one bedroom, one bath and comes with an attached deck, gazebo and flagstone patio. Located within walking distance to Cottage Hospital and Oak Park, with a walk score of 72, this property has it all. Exceptional value for this R-M lot!
2535BathSt.com Offered at $1,750,000
Lic. #600029
OPEN HOUSES Saturday 6/18 & Sunday 6/19 Goleta
Santa Barbara
143 Kalley Dr., 3BD, 2BA, Sat & Sun 10-4, $1,375,000, Village Properties, Kristy Cuevas / Cara Gamberdella / Cimme Eordanidis 805-252-2657 / 805-6803826 / 805-722-8480, DRE#02158339 / #01766267 / #01745878
1924 Bath St #D, 3BD, 2BA, Sat 12-2, $1,125,000, Berkshire Hathaway HomeServices California Properties, Sarah Minc 805-680-1634, DRE#02143713 276 N. La Cumbre Rd, 3BD, 2BA, Sat & Sun 1-4, $1,400,000, Berkshire Hathaway HomeServices California Properties, John Comin 805-689-3078, DRE#00662357 425 Wyola Rd, 3BD, 3BA, Sun 1-3, $1,750,000, Berkshire Hathaway HomeServices California Properties, Jeanne Palumbo 805-689-1968, DRE#00620622 1911 Grand Ave, 3BD, 2.75BA, Sat 1-3 & Sun 1-4, $2,295,000, Berkshire Hathaway HomeServices California Properties, Jamie Jo Sim / Bartron Real Estate Group 805-689-5799 / 805-563-4054, DRE#01234347 / #01005021 107 W Quinto, 3BD, 2BA, Sat 1-3 & Sun 11-1, $2,395,000, Berkshire Hathaway HomeServices California Properties, Dawn Ziegler / John Finseth 805-5709573 / 805-403-3151, DRE#01086106 / #01317331 28 St Francis Way, 5BD, 4BA, Fri 2-6, Sat 1-4 & Sun 12-4, $2,695,000, Berkshire Hathaway HomeServices California Properties, Stefan Stojanovski / Brooke Ebner / Gloria Easter 805570-0640 / 805-453-7071 / 805-5700403, DRE#02112629 / #01923719 / #00917775 531 Chapala St #D, 2BD, 2.5BA, Sat & Sun 2-4, $2,850,000, Compass, Pippa Carson 805-883-8024, DRE#02098272
286 N Kellogg Ave, 3BD, 2BA, Sat 1-3:30 & Sun 2-4, $1,995,000, Berkshire Hathaway HomeServices California Properties, Steve Heller / John Finseth 805-252-2749 / 805-403-3151, DRE#00929496 / #01317331
The Mesa 1809 Cliff Drive #2, 2BD, 2BA, Sat 2-4, $1,695,000, Mike Richardson, Realtors, Kyle Richardson 805-680-3131, DRE#01902531 643 Ricardo Ave, 3Bd, 2BA, Sat & Sun 1-4, $3,495,000, Coldwell Banker Realty Montecito, Brisaly Balderas 805-3354726, DRE#02128318
The Riviera 1308 N Salsipuedes St, 2BD, 1BA, Sat & Sun 2-4, $1,195,000, Berkshire Hathaway HomeServices California Properties, Kathy Hughes 805-448-4881, DRE#00521702 1020 Newton Road, 3BD, 3BA, Sat & Sun 1-4, $3,695,000, Sotheby’s International Realty, Nico Pollero 805450-3552, DRE#02015085
2835 Gibraltar Road, 3BD, 3.5BA, Sat 12-2, $3,695,000, EXP Realty, Pehr Black 805-699-8844, DRE#02062827 1405 Alameda Padre Serra, 3BD, 3BA, Fri 4-7, Sat 12-4 & Sun 1-4, $3,795,000, Berkshire Hathaway HomeServices California Properties, Amanda Barba / Taylor Phillips 805-724-0850 / 805-5684955, DRE#02140336 / #01912018 129 Rametto Road, 5BD, 5BA, Sun 2-4, $9,975,000, Coldwell Banker Realty, Chris A Palme 805-448-3066, DRE#00989478
Upper East 11 S Salinas St, 3BD, 2BA, Fri 4-6:30, Sat 12-2 & Sun 1-3, $1,299,000, Berkshire Hathaway HomeServices California Properties, Sunnie Maxwell / Mia Wamsley / Katya Sheets 805252-9524 / 808-346-5442 / 805-7082322, DRE#01463861 / #02128088 / #02061444
Montecito 870 Arcady Rd, 4BD, 2BA, Sat 1-4 & Sun 1:30-4, $4,500,000, Berkshire Hathaway HomeServices California Properties, Scott Williams / Dan Johnson 805-4519300 / 805-985-5150, DRE#00628741 / #00609860 500 Meadow Wood Ln, 4BD, 3BA, Sat 12-4 & Sun 2-4, $6,650,000, Berkshire Hathaway HomeServices California Properties, Stefan Stojanovski / Rick Hannay 805-570-0640 / 805-451-6061, DRE#02112629 / #00967355 840 Ivy Ln, 4BD, 2.5BA, Sat & Sun 1-4, $6,950,000, Berkshire Hathaway HomeServices California Properties, Sina Omidi 805-689-7700, DRE#01944430
Carpinteria
5140 Ogan Rd, 4BD, 3BA, Sat 1-3 & Sun 2-4, $2,195,000, Berkshire Hathaway HomeServices California Properties, Yolanda Van Wingerden 805-570-4965, DRE#01308141 5130 Ogan Rd, 4BD, 4BA, Sat 1-3 & Sun 2-4, $2,295,000, Berkshire Hathaway HomeServices California Properties, Yolanda Van Wingerden 805-570-4965, DRE#01308141 3233 Serena Avenue, 3BD, 2.5BA, Sat & Sun 1-4, $2,950,000, Dynasty, Patrick Maiani 805-886-0799, DRE#01440541
Santa Ynez Valley
630 Roskilde Rd, 2BD, 2BA, Sat & Sun 1-4, $630,000, Berkshire Hathaway HomeServices California Properties, Tyler Henry / Andi Ruhge 805-705-6243 / 805895-5862, DRE#01892636 / #01965484 1538 Mountain View Dr, 3BD, 1BA, Sun 12-2, $939,000, Berkshire Hathaway HomeServices California Properties, Carole Colone 805-708-2580, DRE#01223216 210 E Hwy 246, 2 homes on ±1 acre, Sun 1-3, $1,250,000, Berkshire Hathaway HomeServices California Properties, Jamie Jo Sim 805-689-5799, DRE#01234347 523 Myrtle Ct, 4BD, 3BA, Sat 12-2, $1,850,000, Berkshire Hathaway HomeServices California Properties, Cammy Godeck-Pinoli 805-452-9725, DRE#02074002 REALTORS: Submit your open house listings at INDEPENDENT.COM/ OPENHOUSESUBMISSONS
INDEPENDENT REAL ESTATE JUNE 16, 2022
and working.
3 BD | 2 BA | 2,234 Sq Ft.
Offered at $2,495,000
KARINA MATIC 805.680.7701 KarinaMatic@bhhscal.com www.KarinaMatic.com DRE 01726170 © 2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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Welcome to the ‘’Nootimes House’’ (Oak tree House) named after the magnificent specimen reigning the beautiful backyard of this wonderful Bel Air Knolls Home. Located just a few minutes from the beach and with a microclimate that is the envy of any neighborhood in town, this 3 bedroom, 2 bathroom home is the perfect setting for your California dream living. The house enjoys bright natural light throughout, with its big windows and cathedral ceilings. The backyard patio is perfect for casual entertaining offering various spots for al fresco dining or just sitting around enjoying your ‘’ Lotus land’’ landscaped garden. The spacious three car garage plus an ample driveway gives you enough room for parking, storing
realestate.independent.com
1118 Manitou Road, Santa Barbara
NEW LISTING
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INDEPENDENT REAL ESTATE
JUNE 16, 2022
realestate.independent.com
3211 Calle Noguera $1,895,000
AUSTIN JONES OPEN HOUSES
805-319-3305
Thu 6/16 11-1:30pm
www.omega805.com
Sat 6/18 12:30 - 3:30pm
@austin.j0nes
Fri 6/17 5-6:30pm
Sun 6/19 10 - 12pm
INDEPENDENT REAL ESTATE
Stunningly Classic
MONTECITO
JUNE 16, 2022
SOLD AT $9,782,800
Monterey Colonial style home with four bedrooms
realestate.independent.com
+ four and one half baths. Originally built in 1900 with enhanced historic charm. Set on a beautifully landscaped and usable 1.23 acres in Montecito’s Hedgerow neighborhood.
Working with a realtor team that's dynamic, innovative, and experienced will ensure you net the most money possible from the sale of your home. Our team is in the top 0.5% of all Santa Barbara Realtors with over $700M in sales. If you are considering selling your home, CALL US TODAY and put Glick Real Estate Associates to work for you!
CARMEN GALZERANO
RANDY GLICK
DRE License # 01953155
DRE License # 00950129
805.705.3080
805.689.7167
www.GlickRealEstateAssociates.com © 2021 Berkshire Hathaway HomeServices California Properties is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate.
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Serving the Santa Barbara Area for over 35 years.
realestate.independent.com JUNE 16, 2022
• 4 Bedrooms, 2.5 Baths • A pproximately 2,482 ± Sq. Ft. • 0.39± Acres • High Ceilings • Large Picture Windows • Open F loor plan with Kitchen, Family Room, and Breakfast Room • Se parate Large Living and Dining Rooms • Cozy Fire place in Family Room • Hard wood F loor s • 3 Guest Bedrooms + Spacious Primar y Bedroom Suite with Walk-In Closet • Mature Landscaping • Small Fruit Orchard • Birch Trees • Rose Garden • Mountain Views • Cobblestone Paver Driveway • Detached 3-Car Garage Includes Bonus Room
Explore the Property at www.523Myrtle.com
20
INDEPENDENT REAL ESTATE
523 MYRTLE COURT | SOLVANG | $1,850,000 OPEN SATURDAY 12-2
CAMMY GODECK-PINOLI 805.452.9725 CammyPinoli@BhhsCal.Com DRE: 02074002 www.CammyGoDECk.BhhsCalifoRnia.Com
L AU R A D R A M M E R 805.448.7500 L a u r a @ L a u r a D r a m m e r. c o m DRE: 01209580 w w w. L a u r a D r a m m e r. c o m
© 2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise systemof BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company,a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
NEW LISTING OPEN Sat. 2-4
OFFERED AT $1,695,000
SINGLE-LEVEL OCEAN VIEW MESA CONDO!
realestate.independent.com
1 4 2 7 K1 e4 2nwo o d R o a d 7 K e nwo o d R o a d d/2bath (easy modification to a 3 bedroom) single-level home with mountain and city views. Enjoy the
JUNE 16, 2022
YourYour Mesa Realtors Mesa Realtors
INDEPENDENT REAL ESTATE
1809 Cliff Drive #2
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Very clean 2bed/2bath (easy modification to a 3 room bedroom) single-level home with windows/sliders. mountain and city The views. E with vaulted ceilings, an updated kitchen, living fireplace, and dual-pane Mesasingle-level lifestyle with vaulted ceilings, an updated kitchen, living room fireplace, andasdual-pane windows/slid This 2bed/2bath 1,481 sq. dishwasher. ft. south-facing ocean view condo offers anisactive and urban lifestyle easy eles a stainless steel Viking stove and The second bedroom over-sized, it waswith previously kitchen features a stainless steel Viking stove and dishwasher. The second bedroom is over-sized, it was pr accessbackyard to the top floor. This isa an extremely rare the heart of theThis Mesabackyard neighborhood. Everything istransright spacious features large deck andoffering naturalinlandscaping. is ready to beas 9The Sanvator Ysidro 1553 Shoreline Drive 1547 Shoreline Drive two There bedrooms. The backyard features a large deck and natural landscaping. This backyard is ready to b Sanspacious Ysidro 1553 Shoreline Drive 1547 Shoreline Drive daradise. at $3,250,000 $3,495,000 at $7,995,000 is 329 plenty of forOffered fruit trees, jungle-gym, trampoline, Towering over at your fingertips! Walk outroom the door tolawn, Lazy Acres Market, Lighthouse Coffee, CornerOffered Tapand Bar,atmore. and more. 0.8 mi from the Offered at $3,250,000 Offered atmore. $3,495,000 Offered at $7,995,000 formed into atree paradise. There is plenty of shade room for lawn, fruit trees, jungle-gym, trampoline, Toweri on this fabulous 1/2floors acre ocean frontand lot!on This is a once Rare ocean front estate on Mesa! This aprivacy gorgeous oak providing wonderful over the deck. This home is located aand very quiet, nearest beach access. This turnkey luxury residence hasthe gorgeous travertine tile throughout open beam cathecomplete on thisoak fabulous 1/2 home acre ocean front lot!on This is a Rare ocean front estate on the Mesa! This theEnjoy backyard isthe aprivacy gorgeous tree4bed/4.5bath providing wonderful shade over deck. This is located a ver itoaway estate. Resting inbreeze a the life time opportunity to purchase spectacular ed cul-de-sac at theroom. end of Kenwood 2-car garage with access. dral~1ceilings inatthe living Open doors Attached toultra-luxury enjoy a cool ocean and a interior wonderful indoor/outdoor flow acre Montecito estate. Resting at the the doubleRoad. in a life time opportunity to pu spectacular 4bed/4.5bath ultra-luxury
tucked away cul-de-sac at the end ofsq. Kenwood Road. Attached interior access. property is a charming a vacant 2-car piece garage of oceanwith front property property boasts ~5,100+ ft. of living center of this property is a charming a vacant piece of ocean front pr property boasts ~5,100+ sq. ft. of living from thestyle livinghome space to the patio. The baths and kitchen have been tastefullylocated updated.inHigh ceilings in Barbara’s the primary bedCraftsman one of Santa most space resting on over 1/2 acre of prime 2,300+ sq. ft. Craftsman style home located in one of Santa Barbara’s space resting on over 1/2 acre of prime OFFERED AT $998,500 room and aToday, walk-initcloset. In-unit laundry. Detached 2-car garage. OFFERED AT $998,500 circa 1912. desirable neighborhoods. Build your Build California coastline. Enjoy unparalleled originally built circa 1912. Today, it desirable neighborhoods. California coastline. Enjoy unparalleled rn amenities, still amenities, dream exact specifications oceanand views of this features and modern still from every dream home to the exact specific ocean corner views from every corner of home this to the charm. Located MUS.charm. Located that you desire. Panoramic ocean views! ocean v contemporary Must see in person! retains itsinrustic in MUS. home.contemporary that you desire. Panoramic home. Must see in person!
The Richardson Team The Richardson Team
Mike Richardson, Realtors 1806 Cliff Drive Santa Barbara, CA 93109 Office: (805) 963-1704 Mobile: (805) 680-3131 Fax: (805) 965-1139
Mike and Kyle Richardson Mike and Kyle Richardson
Team@mrrealtors.com Team@mrrealtors.com
805.963.1704 805.963.1704 www.mrrealtors.com www.mrrealtors.com BRE Lic. #00635254 + #01902531
BRE Lic. #00635254 + #01902531
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INDEPENDENT REAL ESTATE
JUNE 16, 2022
realestate.independent.com
JUST LISTED
531 Chapala Unit D | Santa Barbara 2 Bed 2.5 Bath 2204 Square Feet $2,850,000
Pippa Carson
805.883.8024 pippa.carson@compass.com DRE 02098272
Elegant, sophisticated, Moroccan modern. A Jeff Shelton original: whimsical tiles, creative iron work & an impeccable blend of architecture, art & luxury. Over 2200ft of single level living with a sizable outdoor entertainment patio, heated & covered for yearlong use. Be transported by private in-home elevator to your 2-car garage. Relaxing in 2 lavish bedrooms, 2.5 bathrooms, & an open living-dining-kitchen area. Custom office, storage, laundry & a built-in safe add to the convenience of life. With radiant tile heating & incredible mountain views, your home promises to impress all. Ideally located downtown near state street’s open-air promenade, & just 5 blocks to the water, one skilled procurer will get to call this masterpiece home.
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License number 01991628. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
realestate.independent.com
Explore the Property at www.1535CougarRidge.com
JUNE 16, 2022
• 4,054± Sq. Ft. Victorian-Style Far mhouse Located in the Gated Jonata Springs Ranch • 5 Bedrooms + Of fice + Game Room, 3.5 Bathrooms • A pproximately 4,053± Sq. Ft. • 20.11± Acres • Cozy Fire places in Living Room, Primar y Bedroom & Guest Bedroom • Spacious Attic with 6 Ft. Ceilings • Expansive Patio with Raised Garden Beds • Panoramic Views • Covered Veranda • Access to 14± miles Miles of Riding Trails
INDEPENDENT REAL ESTATE
1535 COUGAR RIDGE ROAD | SANTA YNEZ | $2,375,000
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LAURA DRAMMER
Top Half of 1% of Berkshire Hathaway Real Estate Agents Worldwide REPRESENTING SANTA BARBARA & THE SANTA YNEZ VALLEY FOR OVER 27 YEARS
805.448.7500 L a u r a @ L a u r a D r a m m e r. c o m DRE: 01209580 w w w. L a u r a D r a m m e r. c o m © 2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise systemof BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company,a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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INDEPENDENT REAL ESTATE
JUNE 16, 2022
realestate.independent.com
What Are the Neighbors Like? Q: Marsha, I want to purchase a home in a quiet area. grown lawn along with old rusting I’ve had some neighbor issues at previous residences. cars in the driveway. Residents were How do I avoid this problem? Are sellers concerned these conditions devalued their proprequired to disclose problem neighbors or Real Estate Q&A erty. There were meetings worrisome situations? and discussions. Finally A: You are asking me how to avoid they spoke with the owner. encounters with your fellow nearby resiThey learned she was ill dents? You can’t. Neighbors are part of and financially unable to living around other people. If you have maintain the house. She a neighbor dilemma, the best solution is gratefully accepted their communication. offer to clean up her yard. There are, however, When you have a difference with nextdoor neighbors who are tenants, appeal neighbors who really are by Marsha Gray to the owner of the house. If the owner crazy and impossible. chooses, he can attempt to rein in their bad neighbor Some friends of mine who live in an expensive Santa Barbehavior. bara neighborhood were in a contentious dispute with For the most part, disagreeable nearby residents their next-door neighbor. No matter how much they aren’t “the neighbors from hell” we think they are. They attempted to resolve their issues, the neighbor refused are usually “neighbors from heck.” Common points of to communicate and filed a lawsuit against them. The contention are trees, view blocking, leaves dropping or neighbor’s boyfriend spent his days aggressively tauntroots, barking dogs, cats who do their business in your ing my friends. For several years, they lived under conyard, drug dealers, noisy or fighting people, adjacent stant stress and threat. When the horrid neighbor lost folks who encroach on your land, front-yard hoarders, her frivolous lawsuit, the situation quickly unraveled. red-light activity, etc. The list is as varied as all the disOne night while they were out, the boyfriend went on a murderous rampage with a machete. He entered agreements people routinely encounter. Communication is vital. For example, a friend who their home, destroying artwork, furniture, and all he lives in a lovely Santa Barbara neighborhood had an could. There is nothing you can do to stop crazy. Luckily, issue. One of the street’s residents was not keeping her this episode is noteworthy because it is so unusual. Bad house or lawn in repair. There were weeds and an over- neighbor relations rarely become this extreme.
Message From the President
Once you find a home and an area you like, research the neighborhood yourself. Walk the area and talk to neighbors. Tell them you are considering a purchase and ask, point-blank, what you need to know. Neighbors love to share, and you’ll know in a short time if this is the right location for you. Happy house hunting, and I want to hear how it goes.
Marsha Gray has worked in Santa Barbara real estate for more than 25 years. She works at Allyn & Associates, where she helps her clients buy and sell homes and with lending services. To read more of Marsha’s Q&A articles, visit MarshaGraySBhomes .com. Contact Marsha at (805) 252-7093 or MarshaGraySB@ gmail.com.
BY BOB WALSMITH JR. - 2022 PRESIDENT - SANTA BARBARA ASSOCIATION OF REALTORS®
BRIDGE LOANS: EVERYTHING YOU NEED TO KNOW
T
the value of the home you wish to buy. hinking about selling your How to get a bridge loan to buy a house home while planning your To qualify for a bridge loan your lender next move? Doing both will look at standard credentials like yourof these steps at once can be a debt-to-income ratio, how much home delicate balance and may cause equity you have, your credit card score and financial strain— especially if possibly your household income. It helps if you, like many homebuyers, you’ve been a good mortgage candidate with are planning on using the profit your first home. If you do not have a decent from selling your current home amount of equity in your current home, it to buy your new one. Thankmay be hard to qualify. If your lender deterfully, a bridge loan can help mines that you are an ideal candidate, you ease your home buying journey. may experience a faster approval process for What is a bridge loan? a bridge loan than you did for a traditional A bridge loan is a shortmortgage. term loan used to bridge the How to repay a bridge loan gap between buying a home Bob Walsmith Jr. The loan typically lasts about a year until and selling your previous one. you begin making repayments. It’s beneficial Sometimes you want to buy to structure it so you can use the money from the sale before you sell, meaning you don’t have the profit from of your home to repay your bridge loan. There’s usually the sale to apply to your new home’s down payment. a final due date for when the loan needs to be paid back This can be a challenge if you were depending on that in its entirety. It’s important to work out the terms of money to buy your new home. In the meantime, you can repayment with your lender and make sure you’re clear apply for a bridge loan to help finance a home purchase. on the steps going forward. How does a bridge loan work? Pros of bridge loans A bridge loan will help provide funds for your new • Beneficial in a seller’s market. If the market is hot home purchase if you do not have it readily available. and you’re competing with many other buyers, The most common way to use a bridge loan is for closyour application could be seen as more competiing costs. You can apply for a bridge loan with a lender. tive with a bridge loan. A bridge loan can take away Although terms may vary, it’s standard to borrow a any financial contingencies in your offer. This is maximum 80 percent of both your home’s value and
desirable to a seller because it’s a better guarantee on whether the deal will go through. • You can avoid private mortgage insurance (PMI) by putting down 20 percent or more of your down payment. If you do not put down 20 percent, PMI is required and raises your mortgage payments. • Quick financing. It can be faster to qualify for a bridge loan so you don’t have to worry about selling your current home before buying your next nest. Cons of bridge loans • Higher interest rates. Since bridge loans are shortterm solutions, the lender needs to charge higher rates. The higher rates make lending the money worthwhile for the lender. • Ultimately a bridge loan is more money out of your pocket as a homeowner. The bridge loan is a financial resource that may be worthwhile or necessary in the moment, but remember the interest and various fees you pay is money out of pocket that you won’t be getting back. • Two mortgage fees. Once the bridge loan closes, you’ll start paying it back in addition to your actual mortgage. • Can be hard to qualify for if your finances don’t meet lender requirements. Applying for a bridge loan may be beneficial depending on your financial situation and where you are in the buying and selling process. Make sure to weigh your options, consider alternatives and talk with your local trusted Realtor® for referral options.
Bob Walsmith Jr. is a native to Southern California and a Realtor® with Berkshire Hathaway HomeServices California Properties. During his work with the Santa Barbara Association of Realtors, Bob has served on the CORE Committee, Education Committee, been Chair of the Budget & Finance Committee, and the Multiple Listing Service Committee. He also is on the Board of Directors of the Alpha Resource Center of Santa Barbara. Bob lives in Goleta with his beautiful wife Julie. When not working, Bob enjoys playing golf, fine wine, fine dining, and walking our beautiful coastline. Bob can be reached at 805.720.5362 and/or bob@bobwalsmithjr.com
INDEPENDENT REAL ESTATE
JUNE 16, 2022
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25
“ American Riviera was helpful all through the process of buying our first home. They were patient and had an answer for every question. They were so great, we came back to purchase our next home!”
This is True Community Banking HOM E EQU I T Y L I N E S | CON FOR M I NG & J U M BO MORTG AGE S | BR I DGE LOA NS
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INDEPENDENT REAL ESTATE
JUNE 16, 2022
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— KELLY & ELIZABETH HAHN, HOMEOWNERS
Combining our expertise with yours to find solutions for your unique needs.
NMLS# 808293
Visit us at AmericanRiviera.Bank • 805.965.5942
INDEPENDENT REAL ESTATE JUNE 16, 2022
JUST LISTED
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Carrillo Street Hideaway!
27
955 W Carrillo | Santa Barbara 2 Bed 1 Bath 972 Square Feet $1,495,000
the
MOREHART group
Paige Marshall, Mitchell Morehart, Beverly Palmer, and Susan Pate
TheMorehartGroup.com TheMorehartGroup@compass.com
DRE 02025980 | 00828316 01319565 | 01130349
805.895.9385
MorehatCharming cottage perfectly located in the Alta Mesa neighborhood between Downtown Santa Barbara and the Mesa. This two-bedroom and onebath house also includes a bonus room/office with french doors opening to a lovingly landscaped hillside and welcoming entertainment deck. Dual-pane windows throughout keep this well-maintained home comfortable and quiet. Set back from West Carrillo Street on a spacious parcel with remarkable privacy and mountain views. This cozy cottage offers stunning outdoor space and a terrific location to enjoy Santa Barbara living. Welcome home!
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License number 01991628. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
SANTA BARBARA COUNTY SALES AREA
SELLER
BUYER
PRICE
DATE
ADDRESS
BUELLTON/SOLVANG
HART LINDA EA
CASEBERG DAVID EA
$1,350,000
5/17/22
1466 AALBORG WAY
BROWN LYNNETTE
SPAGNOLI CHRISTINE EA
$1,300,000
5/17/22
3121 BOWL PL
ALVAREZ AMANDA EA
BENKO TYLER EU
$525,000
5/19/22
5946 HICKORY ST 2
HURD RONALD EA
STEVENS THOMAS EA
$2,250,000
5/18/22
5522 CALLE OCHO
HOSKINS JAMES
ELMAN ALEXANDREA
$617,500
5/18/22
1220 FRANCISCAN CT 11
GADDIS JOHN EA
RAE DARCIE EA
$1,339,000
5/20/22
4760 CAMINO DEL REY
KWAKO JAMES EA
FLEMING WENDY EA
$2,250,000
5/19/22
5906 VIA LEMORA
BORIS TIMOTHY
NAPEL KARIN EA
$2,080,000
5/18/22
5837 VIA FIORI
ARIETTA ALEXANDER EU
IBARRA BENJAMIN EA
$547,500
5/20/22
41 DEARBORN PL 77
MENDOZA JUSTIN
SHANG CHEN EU
$630,000
5/19/22
39 DEARBORN PL 95
DAY ASHLEIGH EU
LOWELL CONSTRUCTION COMPANY
$1,600,000
5/20/22
159 ALPINE DR
FINEALL LARRY EA
DOWNIE NINA EA
$925,000
5/20/22
469 BARLING TERR
MALEAR JOCELYN EA
SU ZU-IN EU
$1,600,000
5/18/22
285 REDWOOD WAY
INNOVATION DESIGN & DEVELOPEMT
RAMIREZ RAFAEL EU
$479,000
5/17/22
200 N F ST
ACEEMENTVES FERNANDO EU
COLIMA KARLA EA
$365,000
5/17/22
520 E CHESTNUT AVE
LEBLANC BRANDON
BARRERA JULIO EA
$380,000
5/16/22
117 E OCEAN AVE
LACEY MARTHA
WELLS CLAUDIA
$625,000
5/16/22
408 S B ST
CABLE JUDITH D
LEMUS ERNESTRO EA
$489,000
5/20/22
1000 N THIRD ST
GUTIERREZ JEREMIAH
VILLEGAS NICOLAS EU
$520,000
5/17/22
1509 W LEMON AVE
LANGSTON JOSHUA EU
MORA WILLIAM
$540,000
5/16/22
1532 W OAK AVE
LINTON AARON EU
CRUZ HILARIO EU
$615,000
5/20/22
921 BELLFLOWER LN
GALVAN AARON EU
LUKETIC TIMOTHY
$510,000
5/17/22
1320 PLUM AVE
THOMAS MARY EA
COOPER TRUST EA
$8,088,000
5/20/22
118 POMAR LN
FARRELL BOWEN EA
FORGE 2022 LLC
$15,050,000
5/20/22
2143 BIRNAM WOOD DR
PARTICULAR FIVE PROPERTIES
35 LAS ALTURAS LLC
$2,680,000
5/17/22
1274 ELEVEN OAKS LN
BIEDERMAN DANIEL EA
CARKONEN NICHOLAS EU
$3,950,000
5/18/22
407 LAS ROBLES LN
BRANDT JOAN EA
AMMEN JONATHAN
$2,350,000
5/16/22
1000 PALOMINO RD
WATERLOO DIANE EA
AZBELL SHELLEY EA
$2,413,000
5/16/22
2301 STATE ST
FUENTES EDUARDO
NEVAREZ MARIA EA
$375,000
5/17/22
1017 E ORTEGA ST
NEVAREZ MARIA EA
FUENTES EDUARDO EU
$562,500
5/17/22
1015 E ORTEGA ST
ULANCH RYAN EU
JOHANSEN THOMAS
$911,000
5/20/22
860 HIGHLAND DR 4
LAPIN CLAUDIA EA
HAHN JODY EU
$1,600,000
5/17/22
314 W DE LA GUERRA ST C
LA POINTE ROBERT EU
KARNOFSKI KENT
$1,140,000
5/19/22
335 W MICHELTORENA ST
KISTLER ELIZABETH EA
FREEMAN LESLIE
$2,185,000
5/18/22
922 FELLOWSHIP RD
STREIFF JANE EA
ESFANDI SEPEHR EA
$2,100,000
5/20/22
2048 ELISE WAY
SCOTT KARYN EA
THOMAS CRAIG EA
$1,425,000
5/17/22
222 REEF CT
O'CONNOR KEVIN EA
OF THE VINE LLC
$1,785,000
5/20/22
2940 DE LA VINA ST
RYERSON NAOMI EA
STANBURY IRENE EA
$3,200,000
5/16/22
1260 NORTHRIDGE RD
ZACHRISSON DEANNA EA
DEMARTINI KEITH EA
$2,430,000
5/17/22
3971 FOOTHILL RD
FARTHING VIRGINIA EA
COHEN-BROWN JESICA
$1,800,000
5/18/22
4531 CARRIAGE HILL DR
CARPINTERIA
LOMPOC
28
INDEPENDENT REAL ESTATE
JUNE 16, 2022
realestate.independent.com
GOLETA
MONTECITO
SANTA BARBARA
This data is provided to The Santa Barbara Independent by an outside third-party source and represents a partial list of recorded residential sales in Santa Barbara County on the dates listed. While this information is public record The Santa Barbara Independent cannot guarantee the accuracy nor the completeness of this list.
CALL US TO LEARN MORE ABOUT ANY OF OUR HOME FINANCING SOLUTIONS • Conventional • FHA and VA
THE
• 12 Month Bank Statement for the Self-Employed • FHA 203(k) Renovation Loans
SCONSTRUCTION AN T A B A RFINANCING BARA BRANCH
Our team’s experience and knowledge enables us to make BETSY RIEDY JOHN MURPHY DICK FAWCETT WILLIAM BLACKM the mortgage process fast, easy and understandable. WeMANAGER, cater to MORTGAGE your specific banking needsLOAN and customize to fit LOAN ORIGINATOR MORTGAGE LOAN ORIGINATOR MORTGAGE LOAN ORIGINATOR MORTGAGE MORTGAGE ORIGINATOR solutions AREA • Rate locked up front NMLS your financial needs.US LetTO us tell you#312208 more about ABOUT how we can serve as OUR HOME FINANCING LOAN ORIGINATOR NMLS #305830 NMLSOF #362627 CALL LEARN MORE ANY SOLUTIONS. NMLS #297579 • True one time close; no paperwork signed upon William.Blackman@homebridge.co John.Murphy@homebridge.com Dick.Fawcett@homebridge.com Betsy.Riedy@homebridge.com NMLS #256661 your financial concierge. construction completion 805-898-4233 805-680-2267 805-898-4208 805-448-8562 Timothy.Taylor@homebridge.com 805-898-4222 PRIVATE BANKING ONE-TIME-CLOSE CONSTRUCTION LOANS • All underwriting/approvals done in local office
TIM TAYLOR
• All construction monitoring is done in house Up to 75% of loan-to-cost (loans $0-$1.5 million) Up to 70% of loan-to-cost (loans $1.5-$2 million) • No prepayment penalties to 65% of loan-to-cost (loans $2-$3 million) Quick turnaround on prequalification/approval TIM Up TAYLOR BETSY RIEDY JOHN MURPHY DICK•FAWCETT WILLIAM BLACKMAN MORTGAGE LOAN ORIGINATOR MORTGAGE LOAN ORIGINATOR MORTGAGE LOAN ORIGINATOR MORTGAGE LOAN ORIGINATOR AREA MANAGER, MORTGAGE Up to 60% of loan-to-cost (loans $3-5 million) NMLS #312208 LOAN ORIGINATOR NMLS #305830 NMLS #297579 NMLS #362627 William.Blackman@homebridge.com John.Murphy@homebridge.com Dick.Fawcett@homebridge.com Betsy.Riedy@homebridge.com NMLS #256661 805-898-4233 805-680-2267 805-898-4208 805-448-8562 *LTV reduced 5% for spec homes Timothy.Taylor@homebridge.com FOR MORE INFORMATION, PLEASE CONTACT: 805-898-4222 Term: 30 year (maturity) ERIK TAIJI JOHN GILLES NOAH VILLASENOR RYAN TODEY BROOKE UYESAKA Amtz: LOAN ORIGINATOR Interest only for 24 months construction thenMANAGER, MORTGAGE LOAN MORTGAGE LOAN ORIGINATOR SALES MANAGER,during MORTGAGE LOAN SALES MORTGAGE LOAN ORIGINATOR MORTGAGE NMLS #1061307 NMLS #322481 ORIGINATOR - NMLS #1256580and interest NMLS #967453 ORIGINATOR - NMLS #1262597 28 year repayment schedule (principal Noah.Villasenor@homebridge.com John.Gilles@homebridge.com Erik.Taiji@homebridge.com Ryan.Todey@homebridge.com Brooke.Uyesaka@homebridge.co due monthly) 805-216-9580 805-895-1827 805-895-8233 805-377-0890 805-729-3485 Rates: Subject to change weekly – can offer 5/1, 7/1 or 10/1 ERIKARM’s TAIJI JOHN GILLES NOAH VILLASENOR RYAN TODEY BROOKE UYESAKA THE HomeStyle® is a registered trademark of Fannie Mae. Amount:
INDEPENDENT REAL ESTATE
SALES MANAGER, MORTGAGE LOAN SALES MANAGER, MORTGAGE LOAN MORTGAGE LOAN ORIGINATOR MORTGAGE LOAN ORIGINATOR MORTGAGE LOAN ORIGINATOR NMLS #1061307 NMLS #322481 ORIGINATOR - NMLS #1256580 NMLS #967453 ORIGINATOR - NMLS #1262597 Noah.Villasenor@homebridge.com John.Gilles@homebridge.com Erik.Taiji@homebridge.com Ryan.Todey@homebridge.com Brooke.Uyesaka@homebridge.com TEAM Homebridge Financial Services, Inc.; Corporate NMLS ID #6521 (www.nmlsconsumeraccess.org); 194 Wood Avenue South, 9th Floor, Iselin, NJ 08830; (866) 933-6342. Licensed by the Dept. of Business Oversight un 805-377-0890 805-729-3485 the CA Residential805-895-8233 Mortgage Lending Act. Branch805-216-9580 Address: 3780 State Street, Suite C, Santa Barbara, CA 93105; 805-895-1827 Branch NMLS# 1563673. This is not an offer for extension of credit or a commitment to lend. 08/2018R
TAYLOR
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THE HARDEST WORKING MAN IN REAL ESTATE.
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MADHU KHEMANI
JUNE 16, 2022
3.15.18Homebridge (1018-2693); 2018-704 FinancialLR Services, Inc.; Corporate NMLS ID #6521 (www.nmlsconsumeraccess.org); 194 Wood Avenue South, 9th Floor, Iselin, NJ 08830; (866) 933-6342. Licensed by the Dept. of Financial Protection and Innovation under the CA Residential Mortgage Lending Act. Branch Address: 3700 State Street, 310, Santa Barbara, California 93105; Branch NMLS#1563673. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change HomeStyle® is aSuite registered trademark of Fannie Mae. or may not be available at the time of your interest rate lock-in, commitment or closing. All loans must satisfy company underwriting guidelines. Interest rates and Annual Percentage Rates (APRs) are: based on recent market rates, for informational purposes only, subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other factors. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock Financial Services, Inc.; Corporate NMLS ID #6521 (www.nmlsconsumeraccess.org); 194 Wood Avenue South, 9th Floor, Iselin, NJ 08830; (866) 933-6342. Licensed by the Dept. of Business Oversight under agreement under MNHomebridge law, or any other applicable law. Call for details. 12/2021 Rev. 3.24.22 (0322-10252) the CA Residential Mortgage Lending Act. Branch Address: 3780 State Street, Suite C, Santa Barbara, CA 93105; Branch NMLS# 1563673. This is not an offer for extension of credit or a commitment to lend. 08/2018Rev