Spring 2012
ECONOMIC OUTLOOK 2012 T E AC H E R S F U N D R A F F L E VALUE OF HOME OWNERSHIP
WORLD CLASS GOLF R E M E M B E R I N G S A N TA B A R B A R A RIGHT IN OUR OWN BACKYARDS villagesite.com
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Welcome toVi l l a g e Propert ies Village Properties was founded in 1996 with partners Renee Grubb and Ed Edick. Their objective was clear: To create a community conscious agency committed to excellence, integrity and teamwork. They succeeded. Their scrupulous standards, including hiring only experienced, full time agents, have attracted the finest real estate specialists in the Santa Barbara region. Village Properties is an exclusive affiliate of Christie’s Great Estates as well as being a member of the prestigious international Who’s Who in Luxury Real Estate and Leading Real Estate Companies of the World. A recognized leader in marketing distinctive properties both locally and globally, Village Properties’ success is a tribute their “service with integrity” philosophy.
1250 Coast Village Road, Montecito, California, 93108 (805) 969-8900 • (805) 969-8920 FAX info@villagesite.com • www.villagesite.com
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a letter Editors In Chief Renee Grubb Ed Edick Creative Director Sara Downes Managing Editors Kelly McClean Contributing Editor Kelly McClean Design & Production Kelly McClean Marketing & Advertising Kelly McClean Digital Media Kelly McClean Circulation & Subscriptions Kelly McClean
Publisher
Village Properties 4050 Calle Real, suite 120 Santa Barbara, CA 93110 Phone: 805-681-8800 Village Insight is digitally published quarterly by Village Properties, and made available to its subscribers and via its website. Subscriptions are free. To subscribe, please click here to fill out the subscription form.
From t he EDITORS
Spring Has Sprung! Well here we are in the Spring of 2012 after experiencing an incredible Summer Like Winter. Perhaps that is why Real Estate has improved so much in last few months. The Weather? Not sure the experts would agree with that but our beautiful conditions always are a plus to attract out of area buyers. The truth is we are selling more homes and have been since the last quarter of 2011. California pending sales have climbed since the beginning of year with higher number of sales from December and last year at this time. Nationally it is reported that the economy grew faster in the final months of last year and continues on a positive path. The number of sales nationally is also on the rise. Recently (2-27-12) on CNBC Warren Buffet, CEO of Birkshire Hathaway said, "that buying single family homes is such a great investment right now, if it were practical, he'd buy a couple hundred thousand of them." Santa Barbara County is keeping pace with many other beach cities in California with many more sales in all price ranges. This has changed the mood of Buyers and Sellers. Buyers are making quicker decisions and Sellers are not having to wait months for a Buyer to show up. Price, condition of the property and location are still important factors but the inventory in many prices ranges is much lower than a year ago. This inventory condition can be described as moving into a rough balance, not favoring buyers or sellers. Village Properties continues to serve our clients needs through innovative ideas and the latest technology systems and software. We are continually thinking of ways to better serve our Buyers and Sellers. We know that excellence is earned with planning and hard work. Our goal is to anticipate change, educate ourselves and provide our clients with the best possible guidance in all situations. Please help support the "Teacher's Fund" www.teachersfund.org. Due to the many cuts countywide our classrooms are having to do with less. As always, thank you for your confidence in Village Properties. We very much appreciate your business.
Sincerely,
Renee Grubb
Ed Edick
Table Spring 2012 | volume 06
6
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8
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12 |
of
contents
Economic Outlook 2012
The economy is on the rise! Find out how in this detailed breakdown.
Featured Listing
An unbelievable Tuscany Estate! Check out the view!
The Lux Properties
Showcasing some amazing Estates, Beach Homes & Ranches
26 | Teacher's Fund Home Raffle Find out you could win a new home or a million
Page ----- 9
dollars and at the same time supporting the Village Properties Teachers Fund!
36 | Santa Ynez Sales The Santa Ynez is seeing a boot in home sales! See
38 |
how they are benefiting from it.
The Value of Home Ownership
Its not just a house, but a home. Read about all the additonal benifits about own a home can bring to soothing the soul and peace of mind.
44 | World Class Golf Santa Barbara offers some of the best golf courses in
Fr e e h av e n E s t at e Page ----- 53
the world! See which ones spark your interest.
48 |
Village Listings
50 | A Look Back: Remembering Santa Barbara Elizabeth Wagner grew up in Santa Barbara. Read
A Look Back:
some of her fondest memories of Santa Barbara and how it has changed.
68 | An Enchanted Forest Find out one the best hidden treasures here in Santa
Remembering
on the cover
Spring 2012
Santa
Barbara that will transport you an captivated and magical place.
Barbara
Freehaven Estate Exquisite views in all directions from the most incredibly beautiful estate situated on two lots comprising 24 acres. Privacy and ocean views from sunrise to sunset.
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ECONOMIC OUTLOOK 2012
Page 8
TEACHERS FUND RAFFLE VALUE OF HOME OWNERSHIP
WORLD CLASS GOLF R E M E M B E R I N G S A N TA B A R B A R A RIGHT IN OUR OWN BACKYARDS villagesite.com
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
An Enchanted Forest
All properties featured in Village Insight magazine are subject prior to sale, change, or withdrawal without notice. Village Properties, Inc. believes all material and editorial to be correct but assumes no legal responsibility for accuracy. Photography and material in the publication may not be reproduced in any form without the permission of Village Properties, Inc. Requests for permission should be directed to the publisher. Printed in the United States. Copyright 9/10 by Village Properties, Inc.
Dine Alfresco Constantia $17,500,000 (page 14)
Economic Outlook 2012 While the housing market has had its challenges in recent years, there could be reason for optimism in 2012. Top housing economists believe that the worst of the downturn may be over, and are predicting to see gradual improvement in home sales and prices this year. Yet, a strong housing recovery will require higher consumer confidence, improvement in the job market, and an overall increase in the health of the national and global economy. If these factors see improvement, it is quite possible to see a gradual rebound.
On a national level, the economy is slowly gaining poststimulus momentum. In 2011 the GDP was at 1.8%, and it is expected to be at 2.6% in 2012, which is still historically low, but it’s a definite improvement over where we have been, assuming the forecast is correct. These numbers are much better than our GDP from 2009, when we hit a low of -3.3%, the largest annual drop since 1938.
Leslie Appleton-Young, Senior Vice President and Chief Economist for the California Association of Realtors, spoke recently here in Santa Barbara. She stated there are wild cards that could impact housing in 2012, including federal monetary and housing policies, a contentious political climate in an election year, the happenings in Europe, and the unknown strength of the U.S. economic recovery. She does, however, believe the California housing market in particular will improve this year. Appleton-Young sees a dichotomy between the number of people who are in distressed situations with their homes, verses the number of people out shopping, traveling, and buying cars. She thinks this disparity can be explained by the number of individuals who are living in homes without paying their mortgages, thereby allowing them to spend money on other things. She referred to this additional wild card as the “squatter economy.”
As always, it is important to remember that real estate is impacted by global and national events, yet it is inherently LOCAL. The data varies widely from one part of California to the next (i.e. Santa Barbara and Malibu), and we have to go even deeper than that. In Santa Barbara, we are divided by North and South County. Then we must consider individual neighborhoods and break that data apart by condos, homes/ estates, land, and investment properties. And, these days we have to consider the type of sale. We have three very unique types of sales in the market today. These include: Equity Sales (normal sales), Short Sales, and REO Sales (bank-owned), which can be looked upon as their own sub-markets. Typically, both Short Sales and REO Sales indicate that a property is distressed, and has been or is currently “underwater,” meaning the loans on the property are higher than the value of the property.
In California, 46.8% of sales are either REO or Short Sales, and this number appears to be dropping (pre-foreclosure and auction properties are down roughly 20% from one year ago). In Santa Barbara, 30.6% of our sales were distressed in 2011. We have a much more traditional housing market when compared to many other parts of California, where distressed sales are a much higher percentage of overall sales.
Housing sales were up 1.1% in 2011, compared to 2010. Housing permits were up 5%. Statewide, the median sales price was down 6.2%. Between the peak of California’s median home price in 2007 at $594,530 to the trough in 2009 at $245,230, we saw a 59% drop, which was unprecedented percentage to fall. The median has risen slightly since then, but it has been hovering nearby. Currently California as a whole has 4.2 months of unsold housing inventory. A 6-month supply is considered to be a balanced market. In Appleton-Young’s opinion, “The most likely scenario is for the modest recovery to continue, and this should push sales up slightly next year and maintain levels that are significantly higher than those recorded during the depths of the housing downturn.”
On the local front, the Santa Barbara South County median sales price was down 11.6% to $655,000, comparing 2011 to 2010, yet the number of sales went up 39.7%. December of 2011 reflected the highest number of sales in any month since May of 2007. This is suggested to be the result of low interest rates and the increase in affordability. The median price of detached homes (not including condos) was $790,000 in 2011, down 7.1% compared to 2010. To continue reading this article, see page 69
Emily K McBride Village Properties Realtor 805-252-2773 emily@villagesite.com www.emilymcbride.com
T
he essence of refined living, pristine residence located in the prized Montecito area coastal foothills; an architectural masterwork, this estate enjoys one of the areas most unforgettable settings. Views in most every direction from your twenty-four rolling acres, the gorgeous Tuscan residence was designed by celebrated architect Peter Capone, in association with Montecito architect, Bob Easton, consideration was given to every modern amenity, while maintaining old-world charm, warmth and detail. Defined by understated elegance, the residence accommodates formal entertaining and comfortable family-style living on two levels. The beautiful foyer creates a statement of elegance that is pervasive throughout the residence. The galleria offers staff access to greet guests and serve in the living and dining spaces. Formal living and dining rooms offer elegant architectural touches, with imported
Elegance
Tu s ca n
Turkish granite flooring, vaulted ceiling and focal point grand fireplace with side bookcases of Mesquite. The walls were constructed to accept the most tasteful art collection, but appreciation of any collection may be distracted by the glorious Pacific Ocean, Channel Island and white water views. The expansive loggia adds to the indoor and outdoor entertaining spaces that are offered throughout the residence. The media room has its own veranda with built-ins and comfortable living for all of your entertaining needs. The superb kitchen space and great room offers all the modern conveniences, with top-of-the-line appliances, while maintaining an inviting space for guests to relax and enjoy.
Freehaven Estate
S a n ta Ba rba ra , C a l if orn i a Formal and informal outdoor living spaces add to the footprint of this residence. The Infinity pool and spa are ideal for relaxing recreation. Dine al fresco, take in the ocean breezes and marvel at the views from your private hilltop, in one of the world’s most sought after addresses. The master suite is located in the west wing, separate from the other five bedroom suites. Enter through the galleria into a light filled space, an escape from the rest of the world. This private haven of luxury is complemented by a lavish bath featuring dual vanities, shower, dual closets and large dressing areas. The east wing lower level offers two en suite bedrooms with view patios and guest television and game room area, staff’s en suite bedroom quarters, laundry and access to the three car garage. East wing upper level offers gift wrap room or storage, two en suite guest rooms and office with fireplace, veranda and separate entry. The lower level of the home offers an en suite cabana with separate access. Gated entry of decomposed granite leads to the individually laid stone motor court, three car+ garage, formally landscaped with rosemary, lavender, olives and burled New Zealand Tea Tree are the focal points of the outdoor entry. The grounds transition to a supremely open, yet private feeling, oasis in the back, which opens up to the Pacific Ocean coastline views. Pristine green lawns, flowering plants, tailored stone walls, sparkling swimming pool and spa, outdoor fireplace and the many areas to enjoy outdoor living spaces, all integrate beautifully into these two parcels, a total of 24± acre estate. Also included is a boutique avocado orchard under management lease and an agricultural water meter.
featured
Offered at $12,500,000 Susan J Pate 805.895.9385 susanpate@montecitolifestyle.com Visit page 22 for more details about this listing.
Listing
La Pumada Montecito, Ca
Reginald Johnson, circa 1929, is arguably Montecito’s most significant
estate! Nearly 5 private & useable acres boast spectacular ocean, island & mtn views. Grand main residence w/sumptuous bdrm suites, screening room, wine cellar, billiards rm, elevator, 2 gst houses, detached office w/ bath, tennis ct, tennis/pool pavilion & garages for 8+ cars.
Offered at $29,500,000 Rebecca Riskin 805.565.8600 Rebecca@villagesite.com
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La Casa del sueno Montecito, Ca
Designed by renowned Calif architect Reginald Johnson & completed by 1917. The 2 story home has 4 bedrooms upstairs & 1 bedroom suite downstairs. There are 5 full baths & 2 powder rooms. A separate game room w/bar w/its own gated entrance. A putting green, stables, spa, 80 ft pool w/fountain. Views of the islands, ocean & mountains.
Offered at $22,500,000 Emilie McMinn 805.689.2726 emcminn661@aol.com
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Constantia - Cape Dutch
Impeccable restoration of this one of a kind Cape Dutch home (1930 by Ambrose Cramer),
with noted gardens. Unsurpassed Montecito location with spectacular views of Montecito Peak over the reflecting pond & the Pacific Ocean to the south. Aprx 3.5 stunning acres near the Upper Village. A piece of history, a collectable.
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Offered at $17,500,000 Rebecca Riskin 805.565.8600 rebecca@Villagesite.com
Vineyard & Winery
This 103 +/- acre view property in Happy Canyon provides spectacular residences coupled
with a premium 26 acre vineyard and a compact winery. The 7,000+/- sq. ft. Main House and 1000 +/- Guest House are complemented by a 2,000+/- sq. ft. Managers House, Winery and Garage complex. All these buildings are tile-roofed in a Mediterranean style. The 26 +/- acres highly rated vineyard is planted to Bordeaux, Syrah and Sangiovese varietals.
Offered at $16,500,000 Carey Kendall 805.689.6262 carey@villagesite.com
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Majestic Estate Montecito, Ca
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ommanding a serene hilltop, this newly-built Med estate offers 20+/- acres of unrivalled privacy and seemingly endless ocean and mountain views. All spaces are warm and intimate and at the same time ideal for entertaining. 4 bedrooms in main house (1st floor Master), formal Living Room and Dining Room, game/media room, exquisite wine cellar (3,000+/- bottles) plus 1-bdrm guest house & pool. Offered at $15,900,000 Rebecca Riskin 805.565.8600 rebecca@Villagesite.com
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Oceanfront Estate Carpinteria, Ca
A very special & private beach front family compound in exclusive & gated Sandyland Cove includes a 6 bedroom main house, a 1 bed guest house with living room, tennis court, swimming pool & spa, 3+-car garage on 1 +- acre with apx. 95 ft of beach frontage. One of the largest parcels on the “Cove.� Properties like this are almost never on the market. Offered at $14,975,000 Gregg Leach 805.886.9000 gregg@villagesite.com
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Exquisite Estate Montecito, Ca
Exquisite Mediterranean estate (12,000+/sq. ft of newer construction) on approx 3 stunning acres. Privately & quietly sited in the heart of Montecito down a long drive, this majestic 2-story masterpiece boasts all the amenities one expects of such an estate including ocean & mountain views, theater, pool, guest house, sprawling lawns, manicured gardens, private well. Offered at $14,500,000 Rebecca Riskin 805.565.8600 rebecca@Villagesite.com
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Son Sereno Santa Ynez, Ca
Remarkable 116 acre wine country/
equestrian estate. Designed by L.A. based Michael Palladino of Richard Meier and Partners. 6 bedrooms/ Chef ’s kitchen, and amenities include salt water swimming pool, barn, mgr. house, irrigated pastures, riding trails.
Offered at $13,500,000 Carey Kendall 805.689.6262 carey@villagesite.com
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Exquisite Mediterranean Montecito, Ca
Exquisite gated residence reminiscent of the Italian countryside & situated on a private 11+ acre parcel with panoramic ocean, harbor & mountain views. The finest detailing throughout this 5 bedrooms, 5.5 bath main house + a 1 bedroom guest house with separate gated drive. Garages for 5 cars, designed by Marc Appleton. Offered at $12,950,000 Gregg Leach 805.886.9000 gregg@villagesite.com
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Villa Alegria Montecito, Ca
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nparalleled views abound from this 2 story majestic estate nestled adjacent to the famed San Ysidro Ranch Hotel in the heart of Montecito's Golden Quadrangle on 3+ stupendous acres. The main residence boasts 10,000+sq ft and offers all the amenities a discerning buyer would expect. Exceptional outdoor entertaining areas, truly a one of a kind estate.
Offered at $12,900,000 Rebecca Riskin 805.565.8600 rebecca@Villagesite.com
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Exquisite Mediterranean
Views in most every direction from this two-parcel, 24 rolling acres with avocado orchard.
Tuscan residence designed by architect Peter Capone. West wing master suite, six en suite bedrooms, office, staff quarters, media room, great room, formal dining and living spaces, pool cabana, view loggia, Infinity pool with spa.
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Offered at $12,500,000 Susan J Pate 805.895.9385 susanpate@montecitolifestyle.com
Remarkable Compound
Set on 65 +/- Ac. this truly remarkable compound with multiple residences offering a variety
of living quarters on the ranch, award winning vineyard, 5 hole golf course, pool, tennis court & professional horse facilities incl. a large covered riding arena. 3 car garage attached to main home + an additional 3 car garage w/office & guest house.
Offered at $12,500,000 Carey Kendall 805.689.6262 carey@villagesite.com
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Pamoramic View Ojai, Ca
Perched atop of Sulphur Mountain Road in Ojai, newly built Spanish
style home exudes refined elegance in naturally rugged & extremely private/serene setting. STUNNING panoramic views of mountains & ocean, boasts 100+ ac, over 7,200 sqft with lots of outdoor terrace. Spanish colonial mission style with superb craftsmanship. Pool, spa & barn-great for orchard/equestrian development. Offered at $12,000,000 Natalie Grubb-Campbell 805.565.8879 natalie@villagesite.com Wayne Natale 805.680.7227 waynen@villagesite.com
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Welcome to Paradise Tesoro $2,995,000 (page 40)
Purchase Your Ticket Today!
So many additional prizes too!
WIN Mercedes Benz C-Class lease or $15,000 WIN BMW 5-Series lease or $15,000 WIN 3 vacation rentals Exotic Trip - Cuba Cultural Travel or $5,000 $1,500 and $2,000 Nordstrom Gift Cards
Refer A Friend Prizes:
$5,000 for you + $5,000 for your friend! Plus Apple ipads & $1,000 Nordstrom Gift Cards
And Many Bonus Prizes:
$500 Apple Gift Cards and more!
Make Sure to mention the Teacher’s Fund when you call!
Or visit: TeachersFund.org
Benefiting:
One classroom at a time
The Village Teacher’s Fund is proud to be a community partner of this year’s CAF Million Dollar Home Raffle. The Teacher’s Fund will receive $50 for every ticket sold when you MENTION THE TEACHER’S FUND! 100% of all proceeds raised by the Teacher’s Fund go to local classrooms in need of education materials and classroom learning supplies ~ Learn more at TeachersFund.org
European Country Estate
This European country estate has been restored with attention to every detail. Steps from Montecito’s Upper Village on 1.6 lush, quiet, mountain view acres. 5 bedrooms in the main house + 2 superb guest houses, 2 swimming pools, gardens and outdoor entertaining areas!
Offered at $9,690,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com
George Washington Smith
Restored George Washington Smith circa 1923. Impressive gated
entrance, on nearly 2 private, mtn-view acres the main house (4 bdrms suites), a charming guest house, studio apartment above the 3 car garage, pool, spa, expansive lawns & room for tennis court
Offered at $8,950,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com
On The Sand
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o expense has been spared to create this 4 bedroom, 3 bath home on the sand. Vanishing French doors, beamed ceilings, fireplace, gourmet kitchen, an ocean front master suite, climate controlled wine room, upstairs den, an outside patio with built in spa & so more.
Offered at $8,250,000 Gregg Leach 805.886.9000 gregg@villagesite.com
Watch Hill Vineyard & Ranch
Approx. 122 ac., the Main home is 4,000+/- sq.ft. Constructed
as a traditional manor house with beautiful features throughout. Pool, 3 car garage, equestrian facilities, employee housing, a 18+/vineyard. Exquisite vistas surrounding hills and vineyards.
Offered at $7,900,000 Carey Kendall 805.689.6262 carey@villagesite.com 28 - Village insight
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Stunning mountain & lake views
The 108+/- acre Vogelzang vineyard & one-of-a-kind estate site,
in the heart of prestigious Happy Canyon. Fantastic opportunity for an already distinguished vineyard, lauded by the wine community for its high-value wines!. Offered at $7,250,000
Carey Kendall 805.689.6262 carey@villagesite.com
Rebecca Riskin 805.565.8600 rebecca@villagesite.com
Vista Del Rio
E
nchanting 50 +/- ac. horse ranch, retreat & compound. Magnificent Hacienda 3 bdrms, 4 1/2 baths home. Features a pool, European style 18 stall barn, 2 bdrm Guest House, a Ranch Apt., utility barn & shop, as well as a 3 bdrm Ranch Manager’s house.
Offered at $7,200,000 Carey Kendall 805.689.6262 carey@villagesite.com
Montecito Valley Ranch
This newer Mediterranean estate boasts grand spaces, 4 spacious
bedrooms suites, guest house, pool & incredible outdoor entertaining areas. Impeccable inside and out, this newer Don Nulty-designed Mediterranean estate presents the pinnacle of Montecito living. Offered at $6,950,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com
Pollyrich Farms
U
pscale equestrian farm of 34+/-ac. 4 bedroom Manor Home with beamed ceilings & open floor plan. Barns, breeding facility, irrigated pastures, arenas. The Annex, offered separately, 20+/- ac. parcel with century old barn, multiple irrigated pastures & water well. Offered at $6,900,000 Carey Kendall 805.689.6262 carey@villagesite.com Village insight
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Oceanfront Paradise
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njoy all the pleasures living on the beach! A beautiful & tranquil cove with panoramic ocean, island, coastline, & mountain views, rests this 3 bed/2 bath oceanfront home. Ideally located on 2.2 acres in the exclusive & gated Sand Point Beach enclave. Offered at $6,900,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com
Stunning mountain & lake views
S
tunning mtn & lake views. 2.9 lushly landscaped acres, over 9,000 sqft of structures w/impeccable attention to detail including 2 offices, downstairs master suite, 3 upstairs bds, guest hse, pool, barn, wine cellar. Ideal for entertaining indoors & out, formal or casual. Offered at $5,995,000 Colleen Beall 805.895.5881 colbeall@gmail.com
Palladian Style Homes
B
uilt in the style of grand summer cottages. This estate, built as a family compound w/2 legal lots & 2 homes, award-winning gardens, pergolas, arbors & lily pond. 1948: 4bd, 4 ba, 5700 sq ft, Oc Vu, pool, 1 acre. 1952: 1.2 ac, 2700 sq ft, 3/3, built around a courtyard,.
Offered at $5,900,000 Colleen Beall 805.895.5881 colbeall@gmail.com
Golden Quadrangle
E
xceptional Montecito location for 3.64+/- acre property comprised of a traditional style 4/3 home with full guest house and pool. Privacy and wonderful views. Room for tennis court or horse facilities. Owners have already purchased replacement property. Offered at $5,875,000 Emilie McMinn 805.689.2726 carey@villagesite.com 30 - Village insight
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Picacho lane
Magical
2 acres on Picacho Lane. Massive specimen trees, sprawling lawns, majestic mountain views, lush gardens and a delightful & impeccable one story home with a charming guest house await. A rare opportunity! Offered at $5,850,000 Rebecca Riskin 805.565.8600 rebecca@villagesite.com
French Country Manor
B
eautifully detailed Architectural features, 4 bedrooms,5 baths. Large master wing & office, Large living & family rooms, vaulted ceilings, Formal dinning room, prvate 1.02 acres, lush landscaped gardens, oaks, lap pool, spa, ent pavilion, mountain & garden views Offered at $5,500,000 Wayne Barker 805.637.2948 wayne@villagesite.com
Ranch Estate
This
softly sophisticated French country home features 4 bedrooms, 4.5 baths, pool, stunning one acre of lush grounds, big lawn, stately trees, terraces, beautiful hickory floors. Close to the upper village and everything that Montecito has to offer. Offered at $5,000,000
Cecilia Hunt Don Hunt 805.895.3834 805.895.3833 cecilia@villagesite.com dbhunt@cox.net
Padaro Lane Beach Cottage
Adorable cottage sits above the sand in a premiere ocean front
enclave. Nearly one half acre with almost 100 feet of beach front. Enjoy it as it is or take advantage of plans designed by Neumann, Mendro for a stunning two story beach home with expansive views. Offered at $4,800,000 John Henderson 805.689.1066 johnh@villagesite.com Village insight
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Ocean View Paradise Hollister Ranch $1,195,000
Tuscany Estate
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estled on a very private 3 acre site with ocean views. Wonderful terraces which either flow out to or overlook the romantic gardens. The best kitchen for the serious gourmet. Incredible separate guest house. Al fresco stone dining loggia complete w/FP & views Offered at $4,625,000 Tim Walsh 805.689.6262 tim@villagesite.com
a Car Collector’s Paradise
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ated Mediterranean Style Estate Compound, with over 23+ garage parking on 7 +/- acres! Custom built residence with 5 bedrooms, 7 baths, gourmet kitchen, library/media room. Guesthouse over a 3 car garage. Tennis court, pool, & equestrian facilities! Offered at $4,495,000 Carey Kendall 805.689.6262 carey@villagesite.com
Rare Find
I
n the Santa Ynez Valley, Main Residence approx. 6,500 sq.ft., Includes 4 other residences, 3 barns totaling 58 stalls, 2 arenas, 2 hot walkers, hay storage and a 5,700 sq.ft. utility barn. Fenced and Cross fenced, irrigated pastures, paved driveway with gated entrance.
Offered at $4,300,000 Rebecca Riskin Wayne Natale 805.565.8600 805.680.7227 rebecca@villagesite.com waynen@villagesite.com
a Must See
1st time on the market, Don Nulty designed, featuring; a main level master suite, 1st level office/4th bedroom, 2 gracious upstairs bedroom suites with large balcony, a chef ’s kitchen, many doors throughout leading to the private gardens & patios. A must see! Offered at $3,950,000 Gregg Leach 805.886.9000 gregg@villagesite.com 34 - Village insight
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Palladian Style Homes
Ocean views overlooking Monet-like gardens. 5700 sq ft. Palladian style home. Spacious living room, sitting room, floor to ceiling arched windows, high ceilings, 20+ skylights, & 4 bd/4 ba. tons of potential. Rare oc vu fixer in MUS. Can buy with 1952 Tollis.
Offered at $3,950,000 Colleen Beall 805.895.5881 colbeall@gmail.com
Villa Farfalla
Montecito Butterfly Beach location. Highest quality construction
& finish. Spacious floor plan boasts a dramatic entry, wrought iron door & stair case, soaring ceilings, formal dining room, great room, gourmet kitchen, library, office, home theater, gym room, wine grotto & cellar. Offered at $3,695,000 Carolyn Wood Susan Pate 805.565.8880 805.895.9385 carolynwood@cox.net susanp@villagesite.com
Ranch Estate
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eautiful 20+ acres boasting a 3 bedroom, 4.5 bath home. Gourmet kitchen with 2 large islands, walk-in pantry, great room, wood floors, Master suite includes 2 walk-in closets. Office, gym, media room, lots of storage. Large stable, legal 2nd rsdnce. Exceptional Views! Offered at $3,650,000 Carey Kendall 805.689.6262 carey@villagesite.com
Meadowlark Ranch
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et amongst vineyards, a fabulous 5000 sq.ft +/- home on 5 view acres in Santa Ynez Valley. Views from each room. 4 bedrooms, 4.5 baths. Open floor plan with architectural details throughout. There is a 2 bedroom, 2 bath separate 2nd residence with own entry & garage. Offered at $3,400,000 Carey Kendall 805.689.6262 carey@villagesite.com Village insight
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Montecito french country
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ardens, pool/spa on this appx. 1 acre home. Formal dinning & living rooms, 3 bedrooms + office, 3.5 baths, 3 fireplaces & great room, gourmet kitchen, large heated terrace with view of the gardens. Separate large master suite. Gated electric entry with 3 car garage. Offered at $3,375,000 Carolyn Fryer 805.895.8094 carolynfryer@villagesite.com
Classic Monterey Colonial
C
lassic Monterey Colonial designed by J. Plunkett in 1935, 4 bedrooms, living and dining rooms with fireplaces & French doors leading out to the lawn & 75’ pool, paneled library & remodeled kitchen/family room, water well and meter. Offered at $3,295,000 Gregg Leach Ed Edick 805. 886.9000 805.565.8866 gregg@villagesite.com ed@villagesite.com
Impeccably rebuilt home
Outstanding one-level contemporary in Birnam Wood, designed
by Jim Morris. Recently remodeled, it offers high ceilings, a 50 ft gallery, top-of-the-line appliances, beautiful golf course, and mountain views. Offered at $3,100,000 Elberta Pate 805.565.4549 elberta@villagesite.com
romantic Mediterranean
On 7 acres with olive trees. 10,000 +/- of home, garages & shop. 4 bedrooms, 5.5 baths, large kitchen, formal living & dining rooms, & library. 4 fireplaces. Game room, gym, media room, steam room and future wine room ~ Beautiful salt water swimming pool / spa. Offered at $3,000,000 Carey Kendall 805.689.6262 carey@villagesite.com 36 - Village insight
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Using data provided through the Santa Ynez Valley Multiple Listing Service the number of residential sales dropped significantly in 2007 and again in 2008, with the later being the lowest in decades. Since then respective residential sale gains have taken place each year, with 2009 (20%), 2010 (13%) and 2011 (11%) or 53% over the three year period. All the gain in the number of sales has been in the under one million dollar price range, the one to two million dollar range has increased some and remained steady for the past two years and sadly the above two million dollar market has not shown much if any recovery since the 2008 low point. Whether prices remain flat, decrease or increase depends upon the Economics 101 supply and demand theory. In the Santa Ynez Valley area there is a very limited supply of residential homes in the under one million dollar range so it is almost certain that at least a leveling in pricing will take place and most likely an increase in prices will be experienced by years end. The one to two million dollar range inventory is fairly high, but it will not take many such sales before there is a flattening in those prices because of demand and there are so many very good under replacement cost buys in this category. The jury is still out on the above two million dollar market. This market could turn rather fast because of the cash buyers lurking to take advantage of the bargains with some properties available close to 50% of replacement costs. Or we may see the more conservative wait and see approach during this election year. Regardless of the price range we are experiencing a change; 2012 is looking much better than anticipated and we could see the recovery projected for 2013 taking place in 2012. The Santa Ynez Valley real estate market could be described as “The Perfect Storm”: below replacement cost prices, low interest rates, in many cases a good selection to choose from and a very desirable place to live. Wayne Natale Village Properties Realtor 805-680-7227 WayneN@villagesite.com
Santa Ynez
he silent bell has rung. As silent as it is it appears it has been heard by many potential Buyers looking for that great real estate purchase in the Santa Ynez Valley. In the communities of Santa Ynez, Solvang, Los Olivos, Ballard and Buellton, which comprises the Santa Ynez Valley, an increase in Buyer interest was felt starting on the Thanksgiving weekend and then it broke loose the second week of January. Compared to the same time frame in 2010/2011 there has been an unquestionable increase in inquiries and people looking at available properties.
•
T
www.VillageSite.com
by Wayne Natale
Montecito
An Increase in Santa Ynez Home Sales
TO VIEW ALL OF OUR LISTINGS, VISIT:
Santa Barbara •
DING! DONG!
The Enduring Value
of Home Ownership by Dana Istre
H
istorically, their own has recognized administration. home all about?
most Americans have wanted to own homes. Every President in recent memory this desire-- most recently, the Obama But, why? What is this yearning to own a
Aside from the structure itself, the word “home” carries the weight of another meaning that is probably more powerful than the roof over one’s head. And that is, that “home” is a place for gathering people under its protective wings. When important holidays roll around, the idea of going home can be quite powerful. Going home. From war, from college, from Well, it seems that there is an innate instinct in animals—and a great distance. Going home is a metaphor for feeling safe in that includes us humans-- to create a den, or even a nest, of the arms of loved ones. Eating a communal dinner, watching one’s own. A place that feels safe and familiar. A place to go to TV, playing games, or holding a child - all these images arise at the end of a day. A refuge from storms of all kinds. And, a when thinking of “going home.” place in which to raise a family. Today, during this period of economic uncertainty, a home As a Realtor, looking at properties never ceases to be seems even more important-- as a place to share, and to bring fascinating. From large mansions to the smallest condo, every family and friends close. As Realtors, we’ve seen difficult times dwelling is unique. Each reflects the needs and personalities come, but also go, and at this moment, it feels like a stable of its inhabitants. From sleek contemporary houses with market again. Every area has its own ups and downs, and we minimal furnishings to cozy cottages full of framed family are pleased that recent statistics for our South Coast appear photos, every structure provides shelter in its own personal hopeful. Ask your Village Properties Realtor for the figures way. Over the years, we watch as houses go through many that apply to your neighborhood and/or price range. All of hands. They are remodeled, expanded, and redecorated, and us wish for you the benefits—tangible, and intangible—of watching their transformations as they morph and change owning your own home. from one characteristic to another is delightful. I only wish I had taken photos of all the “before’s” and “after’s.” Dana Istre
'
And,
Village Properties Realtor 805-451-0033 dana@impulse.net
of course, if houses
could talk, their stories
would be as entertaining as any movie or reality show.
'
So, a house is more than simply shelter. It’s a symbol of stability. A reflection of the humans within. Its smooth surfaces mirror the lives lived within its walls, and its rough surfaces absorb and hold the memories of the years. These reasons are why those of us who are entranced with houses are always excited when historic homes, chock full of memories, are respected and preserved. 38 - Village insight
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13500 E Sulphur Mountain
1312 DOVER RoaD
4085 Lago Drive
2 BD/2 BTH Offered at $2,995,000 Wayne/Natalie, 805.680.7227
4 BD/5 BTH Offered at $2,995,000 Bridget /Paul, 805. 886.1300
5 BD/7 BTH Offered at $2,949,000 Colleen Beall, 805.895.5881
518 Las Fuentes Drive
1620 Grand Avenue
2893 Hidden Valley Lane
565 PARA GRANDE
2060 Dermanak Drive
7250 Domingos Road
4 BD/5 BTH Offered at $2,895,000 Pamela Regan, 805.895.2760
4 BD/4.5 BTH Offered at $2,895,000 Shandra Campbell, 805.886.1176 40 - Village insight
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4 BD/4.5 BTH Offered at $2,895,000 Gregg Leach, 805.886.9000
4 BD/3 BTH Offered at $2,800,000 Carey Kendall, 805.689.6262
5 BD/6 BTH Offered at $2,895,000 Rebecca Riskin, 805.565.8600
3 BD/3 BTH Offered at $2,650,000 Carey Kendall, 805.689.6262
485 Via Hierba
4680 Pennell Road
3790 Roblar avenue
1952 Tollis Avenue 3 BD/4 BTH Offered at $1,990,000 Colleen Beall, 805.895.5881
2 +/- acres, commercial property Offered at $1,900,000 Judy Crawford, 805.588.1425
1833 Cougar Ridge Road
4018 VIA LAGUNA
929 via los padres
4 BD/6 BTH Offered at $2,495,000 Louise McKaig, 805.637.4774
4 BD/4 BTH Offered at $1,995,000 Carey Kendall, 805.689.6262
3 BD/3 BTH Offered at $1,800,000 Nancy Rizzo, 805.403.2700
5 BD/4 BTH Offered at $2,250,000 Regina Magid, 805.451.1994
3 BD/2 BTH Offered at $1,795,000 Judy Mansbach, 805.570.5555
1530 Willina Lane
2 BD/2.5 BTH Offered at $2,095,000 Mitchell Morehart, 805.689.7233
550 Bell Street
5 BD/3.5 BTH Offered at $1,795,000 Regina Magid, 805.451.1994
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34 East Mission Street
462 Toro Canyon Road
4443 Shadow Hills Blvd
616 East Valerio Street
4 BD/4 BTH Offered at $1,695,000 Jane Runyen, 805.689.5564
4 BD/3 BTH Offered at $1,695,000 Michelle Mabardy, 805.637.5152
5 BD/2.5 BTH Offered at $1,695,000 Dianne Johnson, 805.455.6570
4 BD/4 BTH Offered at $1,649,000 Colleen Beall, 805.895.5881
3130 Oxbow Place
4 BD/4.5 BTH Offered at $1,600,000 Carey Kendall, 805.689.6262
1907 San Leandro Lane
219 EQUESTRIAN AVENUE
623 Alston
718 Santecito Drive
2 BD/2 BTH Offered at $1,495,000 Julie Barnes, 805.683.7392
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4 BD/3 BTH Offered at $1,495,000 Gregg Leach, 805.886.9000
3 BD/3 BTH Offered at $1,515,000 Shandra Campbell, 805.886.1176
4 BD/3 BTH Offered at $1,495,000 Gregg Leach, 805.886.9000
2601 Baseline Ave
4 BD/3.5 BTH Offered at $ 1,495,000 Wayne Natale, 805.680.7227
1213 Bel Air Drive
4 BD/3.5 BTH Offered at $1,475,000 Adrienne Schuele, 805.452.3960
1030 Mission Ridge
802 Camino Viejo
156 Eucalyptus Hill Circle
4541 Camino Molinero
4909 Baseline Ave
682 El Rancho Road
5180 Kara Lane
3 BD/2.5 BTH Offered at $1,250,000 Wade Hansen, 805.689.9682
4 BD/2.5 BTH Offered at $1,195,000 Wayne Natale, 805.680.7227
3 BD/2.5 BTH Offered at $1,195,000 Mary Lu Edick, 805.452.3258
3 BD/2 BTH Offered at $1,100,000 Priscilla Bedolla, 805.680.7146
4 BD/3 BTH Offered at $1,395,000 Bridget/Paul, 805.886.1300
4 BD/3 BTH Offered at $1,195,000 Julie Barnes, 805.683.7392
3 BD/2.5 BTH Offered at $1,100,000 Carla Reeves, 805.689.7343 Village insight
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Santa Barbara World Class Real Estate and Legendary Golf By Elberta Pate & Susan Pate
W
hen you think of Santa Barbara, most people probably think sunny warm beaches, old Spanish homes with glorious views or red tile rooftops lining the downtown corridor. Coming from the competitive golfing family that we are, we think golf. Some of the finest golfers, both PGA and Amateur, made their home in Santa Barbara. Santa Barbara has donated to the golf world Al Geiberger, 11 PGA wins, 11 Champions Tour wins, Buddy Allin (10/13/44-3/10/07) also a Pate Family relative, with 5 PGA wins, Sammy Randolph, 3 time, first-team All American with 13 collegiate wins, US Amateur, California State Amateur, Haskins Award, low amateur at The Masters Tournament, winner Bank of Boston Classic ’87. www.SamRandolphGolf.com. And our personal favorite, Steve Pate, with 6 PGA Tour wins, 1 Nationwide Tour win, and our most proud, two-time Ryder Cup Team Member ’91 and ’99 GO USA!!! www.2PGolfDesign.com The tradition of world championship golf is being ensured by one of its own, Steve Pate, who wrote his name into the La Costa history book by winning the 1988 Tournament of Champions. Steve, now an emerging golf architect partnered with acclaimed course designer Damian Pascuzzo, is a key figure in the trio of visionaries who have completely renovated 18 holes at the La Costa Resort into the new Champions Course at La Costa (formerly the North Course).
incredible private clubs including La Cumbre Country Club, par 71, designed by William Bell, Jr., Birnam Wood Golf Club, par 70, designed by Robert Trent Jones, Sr.; Montecito Country Club, the club where John and Steve Pate learned the game, par 71, designed by Max Behr and world renowned Valley Club of Montecito, par 72 designed by Dr. Alister Mackenzie.
The Pate Family is not quite finished in the golf legacy department. Watch for up and coming Junior Golfer, Matthew Santa Barbara offers so many beautiful venues to tee it up: La Pate, who at the old age of 12 is a two-time winner Southern Purisima, par 72, just up the coast in Lompoc; Twin Lakes, California Golf Association Parent Junior Tournament. OK, par 9 executive course with state of the art practice equipment so John Pate helped him out a bit…Go Santa Barbara! www.twinlakesgolf.com, under the direction of PGA Professional Don Parsons; Santa Barbara Golf Club, a public Elberta Pate course, and the views do not get much better than Sandpiper Village Properties Realtor 805-895-0835 Golf Club, par 72 with many spectacular view holes; Glen Elberta@villagesite.com Annie Golf Course, par 71; a hidden gem just 15 miles north Susan J Pate on Highway 154 sits Ranch San Marcos, par 71, bring your Village Properties Realtor field glasses, you might see deer, turkey, bobcat; and several 805-895-9385 susanpate@montecitolifestyle.com
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Gracious Hacienda Domingos Road $2,650,000 (page 40)
CHARMING HOME 2 bd/2 bth, $995,000 Judy Crawford, 805.588.1425
Work of Art 1 bd/2 bth, $985,225 Dianne Johnson, 805.455.6570
Racquet Club 5 BD/2.5 BTH, $985,000 Jim Witmer, 805.448.3921
charming home 3 BD/2 BTH, $950,000 Julie Barnes, 805.895.9498
Secluded home 2 bd/2 bth, $950,000 Paul/Bridget, 805.455.8055
Great investment Triplex, $949,000 Julie Barnes, 805.895.9498
Villa Coronada 2 BD/2 BTH, $920,000 Carey/Elberta, 805.689.6262
Cozy cottage 3 bd/1 bth, $899,000 Mary Lu Edick, 805.565.8871
Orcutt hilltop 3 bd/2 bth, $897,000 Margie Yznaga, 805.294.5050
Rural feeling 3 BD/2.4 BTH, $875,000 Carol Keller, 805.681.8117
Mission Canyon 4 BD/2 BTH, $865,000 Lynette Naour, 805.705.6539
Trout Club 2 BD/2.5 BTH, $829,000 DeAnn/Elizabeth, 805.451.7488
ocean view condo 3 bd/2 bth, $825,000 John Henderson, 805.689.1066
Luxury Condo 2 BD/2 BTH, $799,000 Kelly Knight, 805.895.4406
Beautiful newer home 3 BD/3 BTH, $750,000 Jennie Bradley, 805.886.6644
custom built 4 bd/4 bth, $749,000 Jenae Johnson, 805.452.9812
Wonderful opportunity 5 bd/2.5 bth, $734,500 Brian King, 805.452.0471
Everything Turn-Key 4 bd/3 bth, $699,000 Nancy Rizzo, 805.403.2700
Charming Victorian 3 bd/3 bth, $695,000 Barbara/Judy, 805.245.0455
Spacious 5 bd/3 bth, $690,000 Gail Shannon, 805.448.7887
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Spacious Home 4 BD/2 BTH, $679,000 Judy Crawford, 805.588.1425
Estancia Lucero 3 Units, $679,000-$569,000 Ross/Paul, 805.455.8055
perfectly located 1 BD/1 BTH, $675,000 Regina Magid, 805.451.1994
Inspiring views 2 BD/2 BTH, $650,000 Elle Seymour, 805.688.8858
Spacious home 4 bd/2.5 bth, $649,000 Thomas Johansen, 805.886.1857
mountain views 2 bd/2 bth, $599,000 Carol Keller, 805.689.8700
Commercial Building 10 office spaces, $595,000 Patti Cotter, 805.680.0769
Lovely studio STUDIO/1 BTH, $595,000 Gail Shannon, 805.448.7887
Special opportunity! 2 BD/1.5 BTH, $570,000 Whitney Schott, 805.680.3640
Sycamore Ranch 4 BD/3 BTH, $570,000 Patty Armor, 805.350.4038
LIVE IN PARADISE 1 BD/1 BTH, $565,000 Florence Formby, 805.695.7268
remodeled 3 BD/12 BTH, $525,000 Jonee Hanson, 805.455.6175
Opportunity 3 bd/2.5 bth, $499,000 Nicole/ Lynn, 805.570.8444
townhouse 2 bd/2 bth, $495,000 Jim Witmer, 805.448.3921
Spacious home 4 bd/3 bth, $495,000 Wayne Natale, 805.680.7227
Spacious home 4 bd/3 bth, $495,000 Wayne Natale, 805.680.7227
great opportunities COMMERCIAL, $450,00 Nancy Rizzo, 805.403.2700
GREAT OPPORTUNITY! 3 bds/4 bth, $449,000 Barbara Morr, 805.245.0455
Mission Oaks Condo 3 BD/2 BTH, $439,000 Wayne Natale, 805.680.7227
polo condo 1 BD/1 BTH, $439,000 Susie Maybery, 805.565.8884
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Rarely available Studio/1 bth, $409,000 Billy Mandarino, 805.570.4827
Darling condo 2 bd/1 bth, $399,000 Gail Shannon, 805.448.7887
LIGHT AND BRIGHT 2 BD/2 BTH, $380,000 Carla Reeves, 805.689.7343
Upstairs unit 1 BD/1 BTH, $325,000 Mary Lu/ Lynette, 805.565.8871
Heart of Solvang 2 BD/2 BTH, $245,000 Jonee Hanson, 805.455.6175
wonderful! 3 BD/2 BTH, $225,000 Carolyn Wood, 805.886.3838
Corner lot 2 bd/2 bth, $219,000 Gail Cooley, 805.689.7767
Well-maintained 2 bd/2 bth, $209,000 Barbara Savage, 805.455.1933
Exceptional value 3 bd/2 bth, $199,000 Julie/Gail, 805.895.9498
San Vicente MHP 2 BD/2 BTH, $199,000 Julie/Gail, 805.895.9498
San Vicente Park 2 BD/2 BTH, $195,000 Lynette Naour, 805.705.6539
Location, location 2 BD/2 BTH, $192,000 Daniel Warnars, 805.680.2712
VIEWS! 3 bd/2 bth, $185,000 Barbara Morr, 805.245.0455
NEW & CLEAN 2 bd/2 bth, $180,000 Hugo Mendez, 805.570.9198
Condo 2 bd/2 bth, $150,000 Carolene Davis, 805.455.4146
Well maintained 2 BD/2 BTH, $119,000 Julie Barnes, 805. 895.9498
views galore 3 BD/2 BTH, $119,000 Daniel Warnars, 805.680.2712
Walk to the beach 2 BD/2 BTH, $95,000 Daniel Warnars, 805.680.2712
views galore 2 BD/2 BTH, $91,000 Carey Kendall, 805.689-6262
Blocks from the beach 2 BD/2 BTH, $85,000 Ron/Daniel, 805.284.4170
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build your dream 3 BD/2 BTH, $40,000 Daniel Warnars, 805.680.2712
Spacious home 2 BD/2 BTH, $59,000 Jennie Bradley, 805.886.6644
Awe-Inspiring, Vineyards Watch Hill Estate $7,900,000 (page 28)
V illage Properties Lan d Lots
Vogelzang vineyard $7,250,000 The 108+/- acre Vogelzang vineyard, a rare opportunity to own an award-winning vineyard & one-of-a-kind estate site. Second nationallyrecognized appellation in Santa Barbara County. Carey , 689-6262/Rebecca, 565,8600
gorgeous parcel $1,975,000 Nestled in the SB foothills is this gorgeous parcel on 4+ acres has ocean & coastline views. Specimen trees, oak groves, hiking paths all on a private, gated lane called Las Montanas. Paul, 455-8055/ Bridget, 886-1300
A key landmark $6,000,000 287+/- ac. offers a great mix of topography from flat lands, rolling hills and vistas, to interesting valleys. Approx. $100,000 annual income from cell tower leases lends further value to this rare land offering. Carey Kendall, 689-6262
3 large pastures $1,900,000 River front 20+/- ac. parcel w/a charming, circa early 1900?s cattle barn & irrigated pastures. In approx. 2007 the owners developed this parcel into 3 large pastures of 5 +/- ac. each,all 3-rail fencing w/non-climb wire & fully irrigated. Carey Kendall, 689-6262
2 legal parcels $5,900,000 2 legal parcels, each apprx 1 acre. Both have existing homes built in Palladian style, underground utilities, mature landscaping & pool. Gardens & pergolas. Colleen Beall, 895-5881 history and tradition $3,900,000 Steeped in history and tradition with 50 miles of coastline views, exceptional privacy, huge expanses of flat land. 19.4-acre knoll-top parcel is where the Mount Calvary Monastery once stood. Bridget, 886-1300/John, 570-9454 Harbor View Estate $$2,300,000 Rare usable 10 acre Harbor View Estate site. Private, quiet, easy to build Montecito site with all utilities. Currently planted in avocados & lemons. Ted Campbell, 886-1175 100-year-old site $2,250,000 Reminiscent of a 100 year-old estate site. Improvements made to create the setting for the Villa of the Harrison Design approved plans, 5400sf, pool & cabana, MUS, screened from the road w/landscaping. Wade Hansen, 689-9682 Spectacular Site $1,995,000 Spectacular 1 acre buildable site with stunning ocean and mountain views. Unique opportunity to own one of the last premium ocean view building sites in Montecito. Emilie McMinn, 689-2726
private & peaceful $1,795,000 Over 9 acres, with ocean & mountain views. Lagoon-style pool + room to build a guest house w/privacy from the main house. 130 E Mtn is adjacent & offers unique opportunity creating an exceptional estate on over 12 acres. Rebecca Riskin, 565-8600 Coastal development $1,695,000 Coastal development permit has been approved for a 4448 square foot main house, 783 square foot guest house, and 870 square foot garage. Water wells and drywells are installed and approved by Santa Barbara County. John Henderson, 689-1066 Beautiful Views $1,495,000 Beautiful Mountain & Peak Ocean Views from this usable parcel. Currently a container plant nursery - Ag Zoning, 2'' water meter. Currently in the Williams Act/AG preserve. Carolyn Wood, 886-3838 panoramic view $995,000 45 acre parcel with panoramic views in Montecito. Paved road to the parcel and graded road to a huge pad. Property has electric meter at entrance and 1/3 interest in a water company. John Henderson, 689-1066 ONE OF A KIND - MUST SEE! $975,000 Exceptional location with incredible value. Build your dream home on this 3.5+/- acre view property. Featuring private gated entrance, income producing orchard, and breathtaking views. Owner will consider carrying 1st T.D. to qualified buyer. Call L.A. for details.. Pamela, 895-2760/ John, 331-7402
Upper East location $897,000 Surrounded by historic, architectural masterpieces and graced by stately trees and established vegetation. Lot size is 10,200sf. Call listing agent regarding fully approved plans and paid permit and school fees. Ready to build now. Paul, 455-8055/ Bridget, 886-1300 Build your dream $ 799,995 Build your dream home or compound. 5.4 acre site zoned for horses/agriculture with producing Cherimoya orchard. Ocean and mountain views with a private well. Cecilia, 895-3834/Don, 895-3833 La Romana Estates Starting at $695,000
A dream 20 years in the making - A rare opportunity to build your dream home in an exclusive gated community in the Santa Barbara Foothills. Dianne, 455-6570/Renee, 689-2004 OAK-STUDDED $599,000 Oak-studded 5 acre with hilltop and valley views. 2 approved building sites. Two drywells and pump system installed on the property for both buildings sites with power lines adjacent to the property. Existing well and pump installed on the neighbors property with a shared well agreement. Jonee Hanson, 455-6175 Ballard Meadow Ranch $595,000 Parcel A of PM 14,649. This is the first lot on the right as you enter Ballard Meadow Ranch from Baseline. Previously a part of 1775 Still Meadow Road. According to the Water District a 2 water meter is installed. Wayne Natale, 686-7454 mountain view lot $299,000 Buildable mountain view lot on oak-studded .66 acre+/- Build your own design; consider a prefab modular a la Dwell Magazine OR use previously approved & permitted plans for 2,880 sp.ft. Spanish style designed by Murray Duncan Architects. Paul, 455-8055/ Bridget, 886-1300 flat and useable $299,000 Have you ever wanted to build your own home in Santa Ynez? This buildable lot if flat and useable! Virginia Cline, 448-5769
A Look Back
Remembering Santa Barbara By Elizabeth Wagner
W
hen I was a little girl, growing up here in Santa Barbara, I spent lots of time as a passenger in cars usually driven by my parents. Every time my Dad would drive us past the Dolphin Fountain, we would call out; "Hi guys!" and wave at the fountain. Now years later, driving myself and quite often, my son, I still call that out or at least think it as I drive by. As I show clients around Santa Barbara and educate them about real estate, neighborhoods, school districts and prices, I also am rattling off insider information that only a local Santa Barbara can divulge.
Speaking of our harbor...I used to take sailing lessons and once sailed a boat with two other 6th and 7th graders. Well we were pretty little and we capsized and we were too light to re-right our boat and had to get rescued by the harbor patrol so we didn't get tangled up in the pier pilings...yeah, not the best day...but later we spotted Kevin Costner at the dock and he was quite popular then from his Dances With Wolves movie so we forgot about our near disaster...
I am proud to be a local of Santa Barbara and have many more stories and histories of our generous community. Should you have any questions about becoming a homeowner here or Did you know that in addition to the beautiful Dolphin moving to Santa Barbara, please ask and I will give you my Fountain at State and Cabrillo, in the 80's there used to be an professional real estate expertise. If you are lucky, as we drive awesome roller skater that danced around the pier area in her around looking at properties, I may even shout out "Hi guys!" colorful lycra outfit and she really had moves on her wheels... and now you will know what I am talking about. and this was well before roller blades! Later I went to high school with her son and daughter and met her in person! We used to have stop lights on the 101 Freeway and those of us that had to cross the freeway on say State or Garden Streets, kept books in their glove boxes to pass the time waiting at the red lights. Or those of us who were too young to drive, came up with all sorts of car games to pass the time...'I see something blue'...'No, Dad it's not the sky'...quick think of another blue thing... One time my Dad and I walked out to the end of the breakwater and then walked all the way across the harbor entrance, on sand to the beach. That was when the "dredge" wasn't here and the sand piled up that much!
'
I remember my Dad telling me that this would be the only time in my life that I would most likely be able to do this.
'
..and sure enough, now the dredge is a permanent fixture in our harbor and keeps the passageway deep enough for all the boats to get in and out.
Elizabeth Wagner Village Properties Realtor 805-895-1467 Elizabeth@villagesite.com
JANE ALEXANDER (805) 886-2930
VIVIEN ALEXANDER (805) 695-7260
LOUIS ALMARAZ (805) 695-7282
LOYD APPLEGATE (805) 565-8874
WAYNE BARKER (805) 565-8886
LYNN BAUERSFELD (805) 565-8890
MARCY BAZZANI (805) 565-4542
COLLEEN BEALL (805) 565-8894
NICOLE BYRNES (805) 565-8898
BRIAN CAMPBELL (805) 565-8550
SHANDRA CAMPBELL (805) 565-8872
TED CAMPBELL (805) 565-8875
VICKIE CRAIG (805) 695-7264
THOMAS DABNEY (805) 565-8608
KIM DORSEY (805) 895-2968
ED EDICK (805) 565-8866
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MARY LU EDICK (805) 565-8871
SHARON FISHER (805) 695-7265
FLORENCE FORMBY (805) 695-7268
DIANA FORNAS (805) 895-2777
AARON GILLES (805) 695-7267
PATRICIA GRIFFIN (805) 565-4547
NATALIE GRUBB (805) 565-8879
RENEE GRUBB (805) 565-8868
WADE HANSEN (805) 565-4552
ANN HARKEY (805) 565-8897
David Hekhouse (805) 565-8619
JOHN HENDERSON (805) 565-4545
KIM HULTGEN (805) 695-7270
CECILIA HUNT (805) 565-4554
CHRISTOPHER HUNT (805) 565-8606
DON HUNT (805) 565-4555
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SHEELA HUNT (805) 565-8864
DANA ISTRE (805) 695-7269
THOMAS JOHANSON (805) 565-4558
SUSAN JORDANO (805) 565-4544
SARAH KELLY (805) 565-8611
ROBERT KEMP (805) 695-7263
DAVID KIM (805) 695-7273
BRIAN KING (805) 695-7272
DINA LANDI (805) 565-8863
GREGG LEACH (805) 565-8873
GAYLE LOFTHUS (805) 565-8615
MICHELLE MABARDY (805) 565-8609
RON MADDEN (805) 565-4541
BILLY MANDARINO (805) 683-7384
SUSIE MAYBERY (805) 565-8884
EMILY MCBRIDE (805) 683-7359
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EMILIE MCMINN (805) 565-8896
BIRGITTE MICHAELSEN
(805) 565-8602
Toni Mochi (805) 636-9170
MARILYN MOORE (805) 565-4543
MITCHELL MOREHART
(805) 565-4546
HELGA MORRIS (805) 565-4551
BRIDGET MURPHY (805) 565-8605
CHARLENE NAGEL (805) 565-8878
BEVERLY PALMER (805) 695-7261
ELBERTA PATE (805) 565-4549
SUSAN PATE (805) 565-4548
JIM PATTERSON (805) 695-7266
CHARLEY PAVLOSKY (805) 683-7357
JON PERKINS (805) 284-3660
PAMELA REGAN (805) 565-4556
REBECCA RISKIN (805) 565-8600
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CHRISTINA RUELAS (805) 565-4559
CAMILLE RUTHERFORD
(805) 565-8539
BARBARA SAVAGE (805) 565-4540
Whitney Schott (805) 565-4540
JOHN SENER (805) 565-8867
GLORIA VAUGHN (805) 565-8862
ELIZABETH WAGNER (805) 683-7388
LEE WALSH (805) 565-4553
TIM WALSH (805) 565-8881
JACKIE WALTERS (805) 565-4598
ROB WILLIAMS (805) 695-7277
JIM WITMER (805) 565-8601
CAROLYN WOOD (805) 565-8880 58 - Village insight
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Unwind Beachside On The Sand $8,250,000 (page 28)
JOHN BAHURA (805) 683-7370
AMY BAIRD (805) 683-7314
JULIE BARNES (805) 683-7392
PRISCILLA BEDOLLA (805) 683-7374
RACHAEL BISSIG (805) 683-7369
TOBY BRADLEY (805) 681-8116
CINDY CAMPBELL (805) 683-7349
CHARLES CLAYTON (805) 895-6039
STEVE COCHRAN (805) 683-7315
GAIL COOLEY (805) 683-7379
KIM CRAWFORD (805) 681-8132
BOB CURTIS (805) 683-7333
CAROLENE DAVIS (805) 681-8118
NICOLE DINKELACKER
JOHN FAULKNER (805) 683-7358
CAROLYN FRYER (805) 681-8126
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(805) 681-8110
JOHN GAFFNEY (805) 681-8119
CARA GAMBERDELLA (805) 683-7336
VICKI GORMAN (805) 683-7347
DARIN GUGLIELMO (805) 683-7361
IAN HAGGERTY (805) 683-7367
ROSS HARRIS (805) 683-7397
DIANNE JOHNSON (805) 683-7375
CAROL KELLER (805) 681-8117
TONI KIRALY (805) 681-8115
KELLY KNIGHT (805) 683-7362
ANDRIANA KOLENDRIANOS
CAROL KRUCKENBERG
JUNE LAULA (805) 683-7351
PHYLLIS LENKER (805) 683-7376
MIKE LONG (805) 565-8618
(805) 681-8124
(805) 683-7345
BRITTANY LOUGH (805) 455-5736 Village insight
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REGINA MAGID (805) 683-7396
JUDY MANSBACH (805) 683-7329
LOUIS MANZO (805) 683-7346
SUSAN MANZO (805) 683-7395
JUDITH MCDERMOTT (805) 683-7364
LOUISE MCKAIG (805) 683-7393
HUGO MENDEZ (805) 681-8130
JANINE MICHAUD (805) 683-7324
LYNETTE NAOUR (805) 683-7389
JEFF OIEN (805) 681-8122
CARLA REEVES (805) 683-7341
JOAN ROBERTS (805) 683-7323
MARTY RODGERS (805) 681-8111
Jane Runyen (805) 689-5564
CHRIS SALVETTI (805) 683-7387
ADRIENNE SCHUELE (805) 683-7371
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GAIL SHANNON (805) 683-7338
MARCELLA SIMMONS (805) 683-7391
NANCY SOMBERG (805) 886-2102
ALYSON SPANN (805) 683-7331
STEPHEN STITH (805) 683-7368
PAUL SUDING (805) 683-7377
JENISE TREMBLAY (805) 683-7378
DANIEL WARNARS (805) 681-8120
MARTA WEEKS (805) 683-7311
GARY WELTERLEN (805) 683-7337
SHARON WILSON (805) 683-7390
DIANNE YOUNG-PORNISH
(805) 681-8121
MARGIE YZNAGA (805) 683-7334 Village insight
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LISA ALLEN (805) 705-3460
PATTY ARMOR (805) 350-4038
JENNIE BRADLEY (805) 886-6644
CHARLOTTE BREDAHL
VIRGINIA CLINE (805) 448-5769
PATTI COTTER (805) 680-0769
JUDY CRAWFORD (805) 588-1425
JONEE HANSON (805) 455-6175
JENAE JOHNSON (805) 452-9812
LYNN GOLDEN (805) 570-5888
CAREY KENDALL (805) 689-6262
DAVID McIntire (805) 688-1620
CONNIE MEYNET (805) 680-6001
BARBARA MORR (805) 245-0455
WAYNE NATALE (805) 680-7227
NANCY RIZZO (805) 403-2700
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(805) 350-4444
ELLE SEYMOUR (805) 680-6677
KRISTY WHITE (805) 6373723
Village Properties, Santa Ynez
An Enchanted Forest Right in Our Own Backyard
By Margie Yznaga
N
estled in the neighborhood of Ellwood/Santa Barbara Shores in Goleta is the entrance to the Coronado Butterfly Preserve. This nine acre preserve and surrounding protected open spaces offer an abundance of beauty and nature. A meandering trail leads you through meadows, woodlands, and over a creek, to a eucalyptus forest. During the months of November through March (peak season is December and January), Monarch butterflies “winter” in this forest. 1000’s of butterflies hang from the trees in huge clusters and on warm, sunny days, flutter around the surrounding area and dance on the leaves of the natural brush delighting visitors young and old. Beyond the forest, the trail joins other trails providing access to the coastal bluffs and the beach below. This is
an ideal place to visit whether you have as little time as a lunch break or as much as an afternoon, whether you want to sit quietly and enjoy the wonder of the butterflies, picnic on a blanket in a meadow, walk, jog, or bicycle on the bluffs or enjoy the beach below. At every turn, the beauty of nature abounds but in the winter months, the enchanted forest of butterflies is the main attraction. This is just one of the many reasons Goleta is a great place to Live ~ Work ~ Play. Margie Yznaga Village Properties Realtor 805-294-5050 margie@villagesite.com
investment is high. The United States is at the forefront of some of the best technologies the world has seen, including the Cloud, smart phones, “apps,” biotech, oil and gas, and IPO’s like Facebook. He said the lesson in these times is not to scour the world for which economist’s view is the “right” view, but to remember that thinking any particular view is “right” can be blinding and is what contributed to our current mess. We thought we were in a good place, when a downturn was right around the corner. Conversely, even though now many analysts lean toward predictions of gloom, we should remember that an upturn might very well be a possibility. Is the worst over? It looks like it. Are there wild cards? Yes. But sales are up, interest rates are low, inventory is level, and Santa Barbara is an exceptional community. We all need housing, and we are nearing spring, one of the more robust times for our real estate market. Per Appleton-Young, it’s going to take time to come out of this downturn, but we are improving one transaction at a time. While no one knows for sure what will happen to the housing market in the coming year, many analysts agree that things are getting better. If you have been holding off buying a home, this may be the year to jump back into the market while prices, interest rates, and overall affordability are highly in your favor.
Emily K McBride Village Properties Realtor 805-252-2773 emily@villagesite.com www.emilymcbride.com
On a final note, I appreciated a commentary made recently by Adam Davidson of Planet Money. He gave a number of reasons for why there is room for growth, stating that when everyone is gloom and doom, there is room to boom. He mentioned numerous factors: There are 92 out of 100 people working. We have been through a suppressed housing market where a number of people are in smaller homes or living situations than what they feel comfortable with, and as soon as they feel wiggle room, we will experience those people requiring housing, and this will be based on real need. Corporations are sitting on large amounts of cash. Business
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Spring Events
There’s always plenty to do in and around Carpinteria to Santa Yenz during Spring. Go ahead and explore!
Santa Barbara SB Jazz Society Presents: Kristin Korb Quartet March 4th (6:30pm) SOhO Restaurant and Music Club Kristin Korb is not just a singing bassist. She is a premier singer with a personal approach and a deep sense of swing. She transports you to other worlds with her ballads. Oh yeah, she plays a nasty bass, too. Opera Night at Tre Lune March 6th (6:30pm) Tre Lune Sit down and enjoy a sumptuous meal while being serenaded by members of the cast of Opera Santa Barbara's Marriage of Figaro. A romantic night on the town, or a fabulous night out for you and your friends! One night only … make your reservations soon. Buon appetito! For more information call 805-969-2646 Ceramics Camp March 30 (9:00am-12pm) Santa Barbara Museum of Art
Science PlayLab at the Museum of Natural History April 01, 2012 - April 15 (10:00am-5:00pm) Big scientists start small, and children are natural scientists who energetically explore, investigate, and discover. Science PlayLab provides a fun, handson environment that connects kids to nature and science through creative play and experimentation. It offers the whole family a variety of special adventures, to play and learn together, and to foster a sense of wonder for our natural world. Admission: $10 Adults, Teens and Seniors $7, Children $6 For more information visit http://www.sbnature.org/ PCPA Presents: Romeo and Juliet April 20th - May 13th In a world ripped apart by passions of brawling love and loving hate, two starcrossed lovers find each other in a love too pure for this hard world to keep. Over seven hot days in fair Verona, Juliet and her Romeo defy the will of their torn households and, with the help of her Nurse and his Friar, secretly woo, silently marry and sadly die for love.
Ages 7 – 12 Explore hand building and wheel techniques this spring in our amazing ceramics camp. For more information call 805-963-4364 70 - Village insight
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For more information call (805) 928-7731 or visit: http://pcpa.org/
Reagan Ranch Center Exhibit Galleries May 1st (12:00-5:00pm) Reagan Ranch Center These galleries feature original Reagan Ranch artifacts matched with state-ofthe-art, interactive, multimedia exhibits that highlight the history of Ronald Reagan’s quarter-century at Rancho del Cielo and the accomplishments of his presidency. Admission: FREE For more information call (805) 957-1980 Cirque Dreams: Pop Goes The Rock May 9th Granada Theatre Turn back time and get all wound up in a new funhouse ride of cirque, pop and rock. Pop Goes The Rock is a musical of unexpected sights and re-imagined sounds that explodes on stage like a Rock N' Roll party of twists and turns. For more information call (805) 899-2222
Santa Ynez Valley Actor's Corner Center in Solvang Presents: "Some Thing To Do" April 1 ( 8pm-8:45pm Friday and Saturday, 1-1:45pm Sunday) "SOME THING TO DO", Magical
Stories in Solvang for all ages. For more information call (805) 686-2409 Free Museum Day March 3rd Santa Ynez Valley The fifth annual “FREE Museum Day� will be held on Saturday, March 3, 2012. Seven museums located in the Santa Ynez Valley will have FREE admission for all ages for the entire day. Admission: FREE Taste of Solvang 2012 March 16th-18th Scrumptious Dessert Reception & live music , Walking Smorgaasbord, free tours Mission Santa Ines & Elverhoj Museum of History & Art. Savor the Wine Tasting Room Walk.
For more information call www.chumashcasino.com
Wandering Dog Wine Bar presents Blind Tasting Thursday May 31st (4:00pm - 07:00pm) Wandering Dog Wine Ba
Ticket prices: $45-$85 Crawfish Boil! May 19th (12:00pm - 04:00pm) Buttonwood Farm This is your official invitation to our semi-annual Louisiana-style Crawfish Boil. Come out to the vineyard and devour some little mud-bugs and other grub, dance to tunes from the Zydeco Zippers, drink some delicious Buttonwood wine, and have the time of your life! For more information call (805) 688-3032 or visit: info@buttonwoodwinery.com
Themed tasting flights will be featured today from 4:00-7:00pm. Examine each wine for nose, color, mouth feel and finish and then make an ultimate guess as to the origin, vintage, and winery of each wine presented. Admission: $15 Adults Must be 21 or over to enter the wine bar. For more information visit: www.wanderingdogwinebar.com
Ticket prices varies Doobie Brothers at the Chumash Casino April 19 (8:00pm) Chumash Casino Popular Californian rockers the Doobie Brothers have racked up a string of gold and platinum albums, together with 2 coveted Grammy awards. Come hear them perform hits including "Listen to the Music," "Black Water," "China Grove," "What a Fool Believes" and more! Village insight
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Village Activity Village Properties, the largest locally owned real estate firm in Santa Barbara County, is a beehive of activity. With over 150 dedicated, professional and experienced agents, it’s no wonder so many clients are helped each and every day with their real estate transactions. Here’s a quick overview of how our agents have been assisting their clients over the past three months. 1569 EAST VALLEY RD 0 San Ysidro Rd 1781 GLEN OAKS DR 110 ORIZABA RD 230 BONNIE LN 470 EASTGATE LN 10693 CALLE QUEBRADA 1919 CIELITO LN 734 MONTE DR 333 E CALLE LAURELES 2851 Calzada Avenue 114 EUCALYPTUS HILL CIR 1457 CAMINO MELENO 1606 Oramas Rd 1815 GIBRALTAR RD 12 BAKER LN 3775 Center Ave 1280 Spring Road 820 Alston Rd 435 FELLOWSHIP RD 4331 MODOC RD 8479 VEREDA DEL PADRE 229 OCEAN VIEW AVE 214 VERNAL AVE 5671 CIELO AVE 3914 HARROLD AVE 1527 CLEARVIEW RD
$9,550,000 $4,050,000 $2,875,000 $2,374,000 $2,115,000 $1,840,000 $1,600,000 $1,412,500 $1,190,125 $1,133,000 $1,120,000 $1,087,000 $1,070,000 $1,050,000 $950,000 $930,000 $880,000 $869,900 $865,000 $826,000 $800,000 $790,000 $785,000 $684,000 $680,000 $652,000 $640,250
323 MELLIFONT AVE 5266 CALLE BARQUERO 489 COOL BROOK LN 233 SANTA YNEZ CT 7526 NEWPORT DR 7526 NEWPORT DR 571 AMHERST DR 89 Valdez Ave 200 REEF CT 1631 CALLE CANON 2051 CLIFF 7 DR 7314 LOWELL WAY 50 BARRANCA 4 AVE 3972 Via Real 3962 Via Real 3970 Via Real 148 HEMLOCK LN 417 VIA ROSA 13 5455 8TH 20 ST 245 MORETON BAY 4 LN 7142 Phelps Road 340 OLD MILL 69 RD 5700 VIA REAL 138 4400 CARPINTERIA 70 AVE
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$639,000 $625,000 $575,000 $540,000 $530,000 $530,000 $525,000 $520,000 $510,000 $508,000 $465,000 $455,000 $450,000 $396,000 $395,000 $365,000 $357,000 $356,000 $353,000 $285,000 $258,000 $159,000 $104,000 $89,000
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Visit + Move + Live Santa Barbara County’s breathtaking coastline, friendly locals and endless outdoor activity make it a perfect vacation destination. So much so, that every year over 6 million people visit our fine city and surrounding areas. And some of them take it one step further - they relocate to make Santa Barbara County their permanent home. The following websites are provided to assist you in your journey. Whether you plan to visit, move and/or live in Santa Barbara or its neighboring cities, we hope you find the provided links helpful and enjoyable to peruse. SB County Website This site is a must go-to whether you are visiting, moving, or currently living in the Santa Barbara County. Provided by the County Of Santa Barbara, this site offers extensive information in many categories including living, working, business, vacationing and government agencies. Click here to visit website.
Santa Barbara Conference & Visitors Bureau and Film Commission This site is good for folks planning a visit to Santa Barbara and its surrounding areas. Visitor information, hotel tips, food and drink recommendations, general points of interest, as well as outdoor recreation, beaches and park listings are all at your fingertips. Or mouse. Click here to visit website. Wikipedia: Santa Barbara Even folks who have lived in Santa Barbara for a number of years will learn a new thing (or 2, or 3!) about their beloved American Rivera. Wikipedia has an superb (and extensive) reference guide to Santa Barbara County. Its many topics include, to name just a few; history, demographics, neighborhoods, education and transportation. Click here to visit website.
SB Chamber of Commerce A fully comprehensive site of living, working, business, visiting and government information for the Santa Barbara County. This site offers links and information to assist with career opportunities, services, maps, recorder and assessor, bid opportunities and emergency contacts. Click here to visit website. 74 - Village insight
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Craigslist: Santa Barbara Craigslist is truly one helpful site. Find furniture, employment, even new friends! Click here to visit website. Santa Barbara County Schools The official site of the Santa Barbara County Education Office provides a comprehensive list of school districts in Santa Barbara, Carpinteria, Santa Ynez, Solvang, Goleta, Santa Maria and more. Click here to visit website. Santa Barbara Parks & Recreation A great blog site, updated often. The site contains excellent information about ongoing Parks and Recreation events. The website highlights the various recreation centers in the area, seasonal programs, classes and more. Classes and programs are available for youths and adults of all ages. Click here to visit website.
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