on the successful representation of the seller at 321 Ennisbrooke Dr, Sold for $14,850,000.
ROBERT KEMP
805.259.6318
RKemp@bhhscal.com
Montecito-Property.com DRE 01246412
on the successful representation of the buyer at 231 Middle Rd, Sold for $5,275,000.
on the successful representation of the seller at 630 Stonehouse Ln, Sold for $11,250,000.
BARTRON REAL ESTATE GROUP
805.563.4054
Team@BartronGroup.com
SantaBarbaraHomes.com DRE 01005021
on the successful representation of the seller at 122 Los Alamos Ave, Sold for $4,350,000.
on the successful representation of the buyer at 122 Los Alamos Ave, Sold for $4,350,000.
RICARDO MUÑOZ
805.895.8725
RMunoz@bhhscal.com
RicardoMunoz.bhhscalifornia.com DRE 01505757
on the successful representation of the buyer at 4640 Via Bendita Ave, Sold for $3,680,000. & the representation of the buyer & seller at 150 Coronada Circle, Sold for $3,995,000.
NANCY KOGEVINAS
805.331.7577
Team@Kogevinas.com
MontecitoProperties.com DRE 01209514
NANCY KOGEVINAS
RICARDO MUÑOZ
Santa Barbara South Coast Real Estate in Review 2024: Buyer Determination Meets Market Forces
Our Santa Barbara real estate market produced a steady pace of sales and balanced pricing last year. While we were happy to see 16 percent more homes for sale in 2024, that was not enough to quell buyer demand. New listings in 2024 increased to 1,169 from 1,009 homes listed in 2023. With nearly 100 homes listed for sale each month, on average, 70 homes sold each month with strongest sales in the summer months. With interest rates at approximately double what they were two years ago many homeowners feel effectively locked in to their low rate loans. Those homeowners who might like to change homes face new loans with nearly 7 percent interest rates. When sellers feel stuck and supply is low, demand drives prices up.
CURRENT PACE OF SALES
Market velocity is defined by dividing the number of active listings by the number of properties in escrow. As a general rule, anything less than three months of inventory is indicative of a sellers’ market. Market-wide, there is just about two months of inventory: Carpinteria’s pace is extremely fast, with just 1.4 months of inventory. Santa Barbara follows at 1.9 months, and Goleta, also still firmly in seller’s market territory, has 2.4 months of inventory.
PRICE PERFORMANCE
The median sales price of a single-family home on the South Coast Santa Barbara market slow-waltzed its way up from 2023’s median of $2,100,000 to end the year at $2,150,000, a modest gain of 2.4 percent. Perhaps higher interest rates do have a silver lining for buyers.
Montecito’s housing market has cooled in the last few years, with annual home sales dropping to less than half the volume seen during the COVID-fueled buying frenzy of 2020-2021 when nearly 300 homes a year sold. Last year, 130 homes were sold in Montecito.
Though 2024 brought hopes of significant rate cuts, the mere half-point reduction has done little to entice sellers back. While today’s mortgage rates of 6.5 percent to
7 percent align with historical norms, they stand in stark contrast to the unprecedented era of low rates from 20082022. That 14-year stretch of affordable mortgages shaped an entire generation of homeowners. These homeowners, with their favorable low-rate mortgages, have been reluctant to sell unless compelled by major life events.
AREAS OF STELLAR PERFORMANCE
But lest these averages lead you to believe not much is happening, there is a bit of a tale of two cities here. Montecito’s luxury property market maintained its elite pricing and then some, closing 2024 with an impressive median sales price up from $5,460,000 in 2023 to $5,687,500.
SIX YEARS OF GROWTH
Some areas have doubled their median sales price in just six years! And looking at the relative changes across four markets reveals some fascinating patterns.
In Montecito and Hope Ranch, there were robust gains in six years, although smaller data sets can yield less reliable short-term statistics, it appears that Hope Ranch has seen a doubling of their median sales price, from three million to six million dollars.
Montecito has seen their housing prices grow by 84.4 percent (1.84x multiple) in six years. Santa Barbara’s 43.8 percent growth (1.44x multiple) looks downright reasonable since 2019. Santa Ynez Valley notes a fantastic 90.5 percent growth (1.90x multiple) rate in sales prices since 2019.
CONDO PERFORMANCE
No one doubts that we need more housing, but condos are not being built at the rate of ADUs. What is the result of a limited supply? The chart shows how condos fared in price appreciation and the number of sales closed each year. As supply became limited, prices went up to end the year with a median sales price of $995,000. That’s a total price growth of 77 percent over 10 years (from $560,000 to $995,000.)
When she’s not crafting real estate magic across the South Coast, writer Paige Kaye leads her namesake brokerage with two decades
(805) 964-1410 or contact her at paigekayebroker@gmail.com. DRE #01468942
The year ended with just 36 condos for sale from Goleta to Carpinteria just two months of inventory.
THE PATH AHEAD
What’s a well-priced home worth in today’s market? Let’s look at the numbers: Homes that found their buyers in 2024 spent about 55 days on the market, and sellers walked away with 96 percent of their asking price. That’s a strong market.
The California Association of Realtors forecast that the median prices and the number of sold properties will increase modestly in 2025. But statewide predictions made last month did not include the tragic loss in the Los Angeles area, combined with an already high need for housing, a possible labor shortage and rising inflation. Those factors may make for a volatile and expensive market.
Determining what to buy or when to sell is a complex composition of lifestyle, neighborhood, future equity, and finance. After all, you’re not just buying a structure; you’re falling in love with a future. There just aren’t enough properties for sale to satisfy the buyer demand for our special town, and no reason to believe that will change when rates come down. The old wisdom rings true now more than ever: “Date the rate, marry the home!” Interest rates are like seasons; they change. But finding that perfect slice of Santa Barbara paradise? That’s a once-in-a-lifetime dream, well worth pursuing.
For the best information and counseling on buying and selling property this year, contact your Realtor of choice for up-to-the-minute price and inventory conditions for specific neighborhood information. It’s never too early to get your agent involved with an upcoming sale or purchase.
by Paige Kaye, Broker
3,022 SQ.FT. $2,895,000
Welcome to 999 Camino Del Retiro, a stunning single-level contemporary ranch-style home in Santa Barbara’s coveted Rancho San Antonio. This thoughtfully designed property features 3 spacious bedrooms plus an office/den, 2.5 baths, and sits on over an acre with ocean, island, and mountain views.
At the heart of the home is a bright, open living space centered around a beautiful courtyard. The living room boasts vaulted beam ceilings, a fireplace framed by built-ins, and a smooth flow into the dining room—perfect for entertaining.
The inviting family room, also with vaulted ceilings and a second fireplace, connects effortlessly to the chef’s kitchen, which features a newer range, oven, and dishwasher, ample counter space, a walk-in pantry, bar seating, and a cozy breakfast nook.
Off the kitchen and family room, a charming enclosed lanai offers the perfect spot for morning coffee or relaxing with a book. The lower yard, shaded by jacaranda trees, provides endless possibilities. Previously a chipping/ putting green and horseshoe pit, it can be customized to suit your vision or restored to a peaceful retreat in nature.
1575 LA VISTA DEL OCEANO, SANTA BARBARA CA 93109 3 BEDS | 3 BATHS | OFFERED AT $4,995,000
Vacation where you live in this luxurious Mediterranean retreat with unmatched ocean and island views Nestled on Santa Barbara's coveted Mesa, this extraordinary three-story 3 bedroom, 2 & 1/2 bath Mediterranean home is a masterpiece of elegance, privacy, and breathtaking natural beauty. From its commanding position, this residence offers panoramic ocean and Channel Island views that will captivate your senses. Step inside to discover a seamless blend of warm charm and modern sophistication. The spacious floor plan is designed for effortless living and entertaining, with expansive windows framing the ever-changing seascape. Multiple decks invite you to savor sunsets, ocean breezes, and the soothing sound of the waves.
With three stories of thoughtfully curated spaces, this home features luxurious living areas, a gourmet kitchen with premium appliances, and serene bedrooms that offer their own slice of paradise. Step outside and you'll be greeted by a meticulously landscaped garden with multiple seating nooks to take in the view. The property also includes an adjoining non-buildable lot, ensuring unparalleled privacy and a sense of exclusivity.
jordanorealestategroup.com
SUSAN JORDANO
805-680-9060 | sjordano@villagesite.com DRE 01775462
SIMONE EURICH
805- 455-7992 | simone@villagesite.com DRE 02105209
THE BEATING HEART OF SANTA BARBARA
2805 SPYGLASS RIDGE ROAD
ACTIVE LISTING
Modern new construction w/ 360° views, the main residence, guest house and infinity pool/spa are a work of art.
LISTED AT $8,395,000
Build your dream home on this 1.45-ac ocean view parcel, allowing for nearly 8,000 SF residence + 1,200 SF ADU.
AT $2,700,000
NEW LISTING
Beautifully remodeled 3 bed, 2 bath home w/ open-concept living on 0.33acre, located just minutes to Montecito.
LISTED AT $2,995,000
JUST SOLD
Sold after just 2 days on market! We represented both buyer & seller of this charming Mesa home on 0.19-acre.
ACTIVE LISTING
Beautifully renovated Mission Canyon retreat on a quiet cul-de-sac with 3 bed, 2.5 bath and city & ocean views.
AT $2,875,000
NEW LISTING
Single level cottage-style townhome w/ 2 bed, 2 bath and community pool in coveted Peabody School district.
LISTED AT $1,195,000
OPEN HOUSES
Goleta
7055 Del Norte Drive, 3BD, 2BA, Sat & Sun 1-3, $1,279,000, Berkshire Hathaway HomeServices California Properties, Madhu Khemani 805-252-0625, DRE#01387945
562 Poppyfield Place, 3BD, 2.5BA, Sat 1-3, $1,360,000, Berkshire Hathaway HomeServices California Properties, Reyne Stapelmann 805-705-4353, DRE#01347808
San Roque
2965 Calle Noguera, 5BD, 3BA, Sat 11-4, TBD, Village Properties, Michael Dickman 805-689-3355, DRE#02093312
3052 Lucinda, 2BD, 1.5BA, Sat 1-3 & Sun 1-4, $1,495,000, Village Properties, Thomas Johansen / Cimme Eordanidis 805-886-1857 / 805-7228480, DRE#01401533 / #01745878
3069 Lucinda Lane, 3BD, 2BA, Sat 12-1 & Sun 12-3, $1,895,000, Village Properties, Pam Shalhoob / Michael Dickman 805-895-9190 / 805689-3355, DRE#02053975 / #02093312
340 Woodley Court, 3BD, 2.5BA, Sat 2-4 & Sun 1-4, $2,600,000, Berkshire Hathaway HomeServices California Properties, Marisa Garber / Sarita Vasquez 858337-8727 / 805-729-1115, DRE#02153765 / #02232751
The Mesa 1078 Miramonte Drive #3, 2BD, 1.5BA, Sat 1-4, $1,095,000, Village Properties, Cimme Eordanidis 805-7228480, DRE#01745878
2051 Cliff Drive #10, 2BD, 1.5BA, Sat 1-4 & Sun 1-3, $1,399,000, Berkshire Hathaway HomeServices California Properties, Stefan Rock Stojanovski / Ty Whelahan 805-570-0640 / 805-471-0993, DRE#01317331 / #02008932
2430 Mesa School Ln, 2BD, 1BA, Sat 1-4 & Sun 1-3, $2,395,000, Berkshire Hathaway HomeServices California Properties, Shane Smith 805-687-2666, DRE#02072272
1575 La Vista Del Oceano, 3BD, 3BA, Sat & Sun 10-4, $4,995,000, Village Properties, Emily McPherson / Susan Jordano / Ryan Kell / Spencer Cole 805-766-6014 / 805-680-9060 / 805220-0848 / 805-689-6673, DRE#02133962 / #01775462 / #02224217 / #02115510
Saturday 2/8 & Sunday 2/9
Hope Ranch
4141 Mariposa Drive, 5BD, 7BA & 1PBA, Sat 2-4,
$6,795,000, Sotheby’s International Realty, Greg Moss 805-886-6125, DRE#01069933
The Riviera
1825 Stanwood Drive, 3BD, 3BA & 1PBA, Sat 1-4, $2,575,000, Sotheby’s International Realty, Joy Bean 805-895-1422, DRE#00925828
518 E Pedregosa, 4BD, 2.5BA, Sat 2-4 & Sun 1-4, $2,995,000, Berkshire Hathaway HomeServices California Properties, Marisa Garber / Katya Sheets 858-337-8727 / 805-708-2323, DRE#02153765 / #02061444
Santa Barbara
5106 Calle Real A, 2BD, 2BA, Sat 2-4 & Sun 1-4, $885,000, Berkshire Hathaway HomeServices California Properties, Kathy Hughes 805448-4881, DRE#00521702
4154 Via Andorra Unit C, 2BD, 2BA, Sat 11-1 & Sun 12-3, $895,000, Village Properties, Elena Abel / David Hekhouse 415-259-8098 / 805-455-2113, DRE#02199747 / #01882964
711 W Ortega Street #7, 2BD, 1.5BA, Sat 12-3 & Sun 11-2, $940,000, Village Properties, Elise Kahn / Elena Abel 805338-6641 / 415-259-8098, DRE#02081385 / #02199747
120 El Sueno Road, 3BD, 3BA, Sat 1-4, $995,000, Village Properties, Spencer Cole 805689-6673, DRE#02115510
509 Coronel Place, 2BD, 1BA, Sun 1-4, $1,650,000, Berkshire Hathaway HomeServices California Properties, Anthony Bordin 805-729-0527, DRE#00974047
3736 State Street 109, 2BD, 2.5BA, Sat 1-4, $1,655,000, Village Properties, Carly Gribble 805-951-7255, DRE#02233358
283 Rosario Park Road, 4BD, 3BA, Sat 1-4, $1,750,000, Berkshire Hathaway HomeServices California Properties, Sunnie Maxwell 805-252-9524, DRE#01463861
523 Santa Barbara Street, 2BD, 2BA, Sat 1-4 & Sun 12-3, $2,200,000, Berkshire Hathaway HomeServices California Properties, Easter Team Realtors 805-453-0927 / 805-455-6294, DRE#01858581
1020 Flora Vista Drive, 3BD, 2BA & 1PBA, Sat 1-3, $2,250,000, Sotheby’s International Realty, Ryan Strehlow 805-705-8877, DRE#10446673
700 Mateo Ct, 3BD, 2BA, Sat & Sun 1-3, $2,695,000, Berkshire Hathaway HomeServices California Properties, Lyndsey Jones / Brooke Ebner 805-680-2856 / 805-453-7071, DRE#02125898 / #01923719
226 E Mountain Dr, 4BD, 4.5BA, Sun 1-3, $6,950,000, Berkshire Hathaway HomeServices California Properties, Lyndsey Jones 805-680-2856, DRE#02125898
848 Miramonte Drive, 3BD, 2BA & 2PBA, Sat 2-4, $6,995,000, Sotheby’s International Realty, Caitlin Pearson 805-452-0403, DRE#02004391
1545 San roque Rd, 4BD, 6BA, Sat & Sun 12-3, $7,495,000, Berkshire Hathaway HomeServices California Properties, Sophia Taylor 805-947-5979, DRE#02156425
930 San Antonio Creek Rd, 6BD, 6.5BA, Sat 1-4, $7,550,000, Village Properties, MarLa Gamberdella/ Tiffany Doré 805-5703407 / 805-689-1052, 02139725/01806890
1103 Harbor Hills Dr, 4BD, 4BA, Sat 1-4 & Sun 12-3, $7,950,000, Berkshire Hathaway HomeServices California Properties, Easter Team Realtors 805-453-7071, DRE#01858581
Upper East
20 E Valerio Street, 2BD, 2.5BA, Sat 1-4 & Sun 1-3, $1,395,000, Village Properties, Brian King / Emily McPherson 805 452-0471 / 805 7666014, DRE#01868186 / #02133962
Montecito
202 E Mountain, 4BD, 3BA, Sun 12-3, $3,099,000, Village Properties, Curtis Swan 805607-9709, DRE#02049218
905 Camino Viejo, 3BD, 2BA, Sat 2-4, $3,650,000, Berkshire Hathaway HomeServices California Properties, Cahrlie Bogue
Carpinteria
3375 Foothill Rd. Unit 323, 3BD, 2.5BA, Sat 12-2, $1,360,000, Berkshire Hathaway HomeServices California Properties, Sharon Jordano 805-280-2055, DRE#01347808
1275 Cramer Cir, 3BD, 3BA, Sat 1-3, $1,399,000, Berkshire Hathaway HomeServices California Properties, Jason Anderson 805-284-5234, DRE#01355461
3211 Beach Club Rd, 3BD, 2.5BA, Sat 1-3, $3,950,000, Berkshire Hathaway HomeServices California Properties, J.J. Gobbell 805403-5785, DRE#02063124
Santa Ynez Valley 1676 Maple Ave #24, 2BD, 1BA, Sat 12-2, $495,000, Village Properties, Michelle Glaus 805-452-0446, DRE#01921235
222 Bainbridge Court, 3BD, 3.5BA, Sat 1-3, $815,000, Berkshire Hathaway HomeServices California Properties, Daulton Wolf 805757-679, DRE#02202805
1167 Highland Road, 4BD, 3BA & 1PBA, Sat 11-2, $1,895,000, Sotheby’s International Realty, Brenda Cloud 805-901-1156, DRE#01772551
2860 Baseline Ave, 5BD, 4BA & 1PBA, Sat 11-2, $3,595,000, Sotheby’s International Realty, Scott Loos 310-7029930, DRE#02236075
Realtors: submit your open house listings at INDEPENDENT.COM/ OPENHOUSESUBMISSIONS Email: openhouses@independent.com with questions
UNDERSTANDING FIRE INSURANCE AND COVERAGE
Wildfires are an unfortunate reality in many parts of California, especially our beautiful Santa Barbara community. With increasing risks, it’s essential to ensure your home is properly protected through insurance. Here’s what you need to know about fire insurance, based on insights from the National Association of REALTORS® (NAR). For more information, visit facts.realtor.
Does Homeowners Insurance Cover Wildfire Damage?
Most standard homeowners’ insurance policies provide coverage for fire and smoke damage, including damage caused by wildfires. This typically includes:
• The structure of your home
• Other structures on your property, such as detached garages or sheds
• Personal belongings damaged by fire
These policies generally cover fires caused by:
• Candles
• Grease
• Electrical malfunctions
• Wildfires
• Lightning
However, standard policies often exclude certain types of fire damage, such as:
• Damage caused by nuclear hazards
• Arson
• Poor maintenance
• Wear and tear
If you have questions about your coverage, reach
out to your insurance agent or broker for clarity.
What If My Policy Doesn’t Cover Fire Damage?
In high-risk wildfire areas, some insurance companies may limit or exclude coverage for fire damage. If this applies to you, here are your options:
• Shop Around: Different insurers have varying levels of risk tolerance. Some private companies may still offer coverage even if others don’t.
• Consider Non-Admitted Insurers: These companies specialize in risks that traditional insurers won’t cover. Known as “surplus lines” brokers, they can help address coverage gaps. However, these insurers are not licensed by the state and don’t participate in state insurance guaranty funds, so it’s important to review their policies carefully.
• Seek Referrals: Your state insurance department or current insurance agent may be able to connect you with a surplus lines broker
What If My Home Is Deemed Ineligible for Fire Insurance?
If your home is classified as too high-risk by your insurance company, consider these steps:
• Get Multiple Quotes: Compare quotes from various insurers, including surplus lines.
• Wildfire-Prepared Certification: Obtain certification from organizations like the Institute for Building & Home Safety to potentially reduce your risk profile.
• Contact Your State Insurance Commissioner: They can provide guidance on available options and risk maps.
What Is the FAIR Plan?
If you’re unable to find fire insurance through private insurers, the Fair Access to Insurance Requirements (FAIR) plan might be an option. These state-sponsored plans are designed for high-risk homes that don’t qualify for private market insurance. While FAIR plans tend to be more expensive and offer limited coverage, they provide a crucial safety net.
Why Work with a REALTOR®?
Navigating fire insurance can be complex, especially in high-risk areas. A REALTOR® can help connect you with trusted insurance professionals and resources to ensure you find the coverage you need.
Protecting your home and family from wildfires starts with understanding your insurance options. Take the time to review your policy, shop around if needed, and consider additional steps to mitigate your risk. For more details, visit facts.realtor. Special thanks to the National Association of REALTORS® for these valuable insights.
Summer Knight is a Santa Barbara native and top producing Realtor at Sun Coast Real Estate. Summer has been a member of the Santa Barbara Association of Realtors for over 20 years and currently serves as the President of the Board of Directors. Reach Summer at 805-886-1261 or summer.k.knight@gmail.com.
Summer Knight
NEWLY LISTED: 636 CALLE DE LOS AMIGOS, SANTA
This beautifully remodeled Hidden Valley town home offers 2 bedrooms, 2.5 bathrooms, and a spacious loft, with approximately ±1,720 sq. ft. of light-filled living space. Featuring a contemporary kitchen, a serene primary suite, and seamless indoor-outdoor flow, the home includes a private patio overlooking La Cumbre Country Club and an expansive deck off the loft. Thoughtful upgrades such as a three-zone heating and A/C system, a new fireplace, and an attached two-car garage enhance convenience. Located in the desirable De Los Amigos community, residents enjoy a pool, spa, clubhouse, and easy access to parks, trails, and Hendry’s Beach.
OFFERED AT $1,500,000 | 636CALLEDELOSAMIGOS.COM | SCHEDULE A PRIVATE SHOWING
Nestled in one of the most coveted locations, this updated Las Canchas condominium offers a sophisticated lifestyle with sweeping views of the polo fields, the Pacific Ocean, and the Channel Islands. Perfectly positioned to enjoy both the tranquility of nature and the vibrant energy of the polo lifestyle, this residence provides an exceptional opportunity to experience luxury living at its finest.
Two spacious bedrooms, each with their own private ensuite bath, offer a perfect blend of privacy and comfort. An expansive, open plan living and dining area with large sliding glass doors out to the balcony creates a seamless flow between indoor and outdoor spaces. Watch thrilling polo matches from your own front-row seat and enjoy unparalleled views while lounging in style or entertaining guests. An updated kitchen, complete with sleek new appliances and granite countertops, is perfect for both culinary adventures and casual meals.
The prestigious Santa Barbara Polo and Racquet Club offers both Social and Full Club memberships, for those seeking an elevated lifestyle with access to worldclass polo, swimming and racquet sports. Just moments away from the pristine beaches of Carpinteria, Summerland, and Montecito, offering easy access to some of the most sought-after coastal destinations in Southern California.
711 W. ORTEGA STREET #7, SANTA BARBARA CA 93101
2 BEDS | 1.5 BATHS | OFFERED AT $940,000
Turnkey Townhome in Tranquil HOA ~Centrally Located near West Beach, Mesa, Downtown, and Funk Zone
This updated two-story, 2-bedroom, 1.5-bathroom townhome offers an incredible opportunity for first-time buyers, vacation home seekers, or investors. With modern upgrades throughout, including a remodeled kitchen and bathrooms, new paint, recessed lighting, and fresh flooring, this home is move-in ready. Enjoy beautiful views from the primary bedroom, a private patio, and a one-car garage. Newer appliances make the kitchen both functional and stylish. Located in a charming Mediterranean-style HOA, you'll be just minutes from the beach and close to downtown Santa Barbara's shops and restaurants. At just 940K, this home offers unbeatable value in a prime location—perfect for anyone looking to live the Santa Barbara lifestyle.
Now available for sale is one of Santa Barbara’s most iconic and amazing homes, at the beginning of the exclusive Upper East neighborhood just a few blocks to the heart of downtown. This gorgeous Queen Anne Victorian is one of the first grand homes built in this idyllic coastal town - in 1887 by prominent local financier Joseph Howardand in recent years has been brought back to its full glory in a meticulous and impeccable authentic restoration by renowned historical architect Peter Becker. The turnkey property includes a spectacular newer kitchen and primary bathroom, both enlarged and reimagined in the style of the 1880’s. A detatched carriage house is now a 2-car garage plus workshop, with a loft space above for a potential bonus living area. The location is ideal as it gets in a quiet mid-block location, and just 4-6 blocks to the Theatre/Arts district with its many fine dining spots, world-class performing arts theaters, museums, boutique retail and City parks. Don’t miss this fantastic opportunity to purchase a one-of-a-kind gem!
Modern luxury and understated elegance are paired seamlessly in this Mediterranean home nestled atop the Riviera. Surrounded by nature, this property boasts expansive views of the majestic mountain range and the sparkling Pacific Ocean, yet only minutes to Montecito or downtown SB. Truly integrated indoor - outdoor living abounds from every room welcoming you into the meticulously maintained landscaped grounds where colorful bougainvillea, citrus trees & lavender abound for al fresco dining or relaxing while marveling at the vistas.
• 3 Bedrooms 3.5 Baths + En Suite Office
• Built in 2001
• Updated Kitchen with Pantry
• Remodeled Lux Primary Bathroom
• Mountain & Ocean Views
• Solar Panels with Batteries
• Electric Car Chargers
• Outdoor Kitchen with BBQ & Firepit
• 2,955 SF Home
• 16,177 SF Lot
Very clean 2bed/2bath Mesa lifestyle with kitchen features two bedrooms. The formed into a paradise. the backyard is tucked 329 Offered Enjoy complete ~1 acre Montecito center of this 2,300+ sq. ft. originally built features modern retains its rustic
Your Mesa Realtors
Sold for $3,600,000 | December 2024 | Represented Seller 1600 Shoreline Drive
THE RICHARDSON TEAM
1427 Kenwood Road
329 San Ysidro
“It has been fantastic working with Kyle and Mike to sell our property in Santa Barbara. My family moved out of state so everything from preparing the house for sale to closing was left entirely in their capable hands. Their frequent updates and professionalism gave us complete confidence that the house was being handled with care. The advice from Kyle and Mike throughout the process were very sensible and valuable.
Offered at $3,250,000
2bed/2bath (easy modification to a 3 bedroom) single-level home with mountain and city views. Enjoy the with vaulted ceilings, an updated kitchen, living room fireplace, and dual-pane windows/sliders. The features a stainless steel Viking stove and dishwasher. The second bedroom is over-sized, as it was previously The spacious backyard features a large deck and natural landscaping. This backyard is ready to be transparadise. There is plenty of room for lawn, fruit trees, jungle-gym, trampoline, and more. Towering over a gorgeous oak tree providing wonderful shade over the deck. This home is located on a very quiet, tucked away cul-de-sac at the end of Kenwood Road. Attached 2-car garage with interior access.
privacy on this fabulous Montecito estate. Resting at the property is a charming Craftsman style home circa 1912. Today, it modern amenities, and still charm. Located in MUS.
1547 Shoreline Drive
Offered at $7,995,000
1553 Shoreline Drive
Offered at $3,495,000
In preparation for sale, we followed their suggestions on flooring, painting, and staging, and we’re so happy that we did. These improvements transformed the house in the best way. They have great taste, and they’re exceptional at what they do. They have a network of contractors and handymen that can address everything a house needs at a good price.
OFFERED AT $998,500
We 100% recommend Kyle and Mike to anyone in need of real estate services. They’re simply the best.”
Tian H. (Seller of 1600 Shoreline Drive)
Rare ocean front estate on the Mesa! This spectacular 4bed/4.5bath ultra-luxury property boasts ~5,100+ sq. ft. of living space resting on over 1/2 acre of prime California coastline. Enjoy unparalleled ocean views from every corner of this contemporary home. Must see in person!
1/2 acre ocean front lot! This is a once in a life time opportunity to purchase a vacant piece of ocean front property located in one of Santa Barbara’s most desirable neighborhoods. Build your dream home to the exact specifications that you desire. Panoramic ocean views! The Richardson Team
Mike and Kyle Richardson Team@mrrealtors.com
Mike and Kyle Richardson Team@mrrealtors.com 805.963.1704
805.963.1704
www.mrrealtors.com
www.sbrealtor.com
DRE Lic. #00635254 + #01902531
BRE Lic. #00635254 + #01902531
SINGLE LEVEL SAN ANTONIO VILLAGE CONDO
NEW TO THE MARKET
Welcome home to this charming and spacious single level cottage style condo with nearly 1300 sq. ft. of well-designed living space. Enjoy the cozy brick fireplace in the big living room. Beautiful wood floors are complemented by the high vaulted wood beamed ceilings and clerestory windows. Updates include newer A/C & heater, dual pane windows, wood shutters, remodeled primary bathroom, built-in bookshelves, updated light fixtures, private used brick patio. Laundry area in kitchen and includes washer/dryer. End unit with only one adjoining wall. Adjacent carport and assigned second parking space. Short walk to bike/walking path that goes to beach & UCSB. Located in coveted Foothill Elementary School attendance area. Enjoy the recently remodeled community clubhouse, sparkling pool, oversized spa & children’s pool. Very pet friendly community. Make this your new home and join the wonderful neighbors who live on this short little cul-de-sac street.
Exceptional Value at $885,000
HUGHES
805.448.4881
KathyHughes7@cox.net
Santa Barbara Cabins in the Woods. Two affordable options perfect for weekend and vacation use, just minutes to Santa Barbara or Santa Ynez / Solvang One is move in ready and made of fire resistant block, and one is ready for new life and new vision
Low annual permit fee. Located in the Los Padres National Forest near Lake Cachuma and the Santa Ynez river, with miles of hiking and biking trails Part of the nationwide recreational use cabin program, designed to be part time residence
Find yourself in the beauty of nature!
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California Leads with a Tough Emissions Disclosure Bill
The move toward greater corporate transparency for greenhouse-gas emissions (GHG) took a leap forward when California enacted a new law, SB 253, the Climate Corporate Data Accountability Act. This emissions disclosure bill, beginning implementation in 2026, will require large public and private companies with yearly revenues of more than $1 billion to declare their emissions. It is estimated that there are 5,400 companies of this size or larger operating in California.
SB 253 establishes the first carbon reporting mandate in the U.S. for large firms operating in a state. Since the law was passed in October 2023, the California Air Resources Board has been creating reporting details to make certain the data will be consistent and standardized. California has the fifth-largest economy in the world and is rapidly moving up in the ranks to become the fourth largest, overtaking Germany. Because of California’s outsize influence in the global economy, these GHG reporting requirements promise to shape
business practices well beyond the borders of the state and even the boundaries of the U.S.
Reporting will cover emissions across three critical sectors or “scopes.” The first scope includes direct GHG emissions from a company and all its branches anywhere in the world. Scope two covers indirect emissions, mainly from electricity and natural gas used but purchased from utilities. Scope three accounts for emissions across a company’s supply chain, from trash and water usage to business travel and staff commutes. Scope three is the gamechanger. These emissions can account for 75 percent or more of some organizations’ climate impact. In part because they are notoriously difficult to measure, including them in the reporting requirements makes this a trailblazing step toward corporate openness. The penalties for noncompliance can be severe, up to half a million dollars a year.
Although California is out in front, it isn’t alone in pushing for greater corporate transparency. The Securities and
Exchange Commission created some new reporting rules, but they only cover scope one and two emissions and only apply to publicly traded companies. The European Union has similarly adopted, in 2022, the Corporate Sustainability Reporting Directive, which requires reliable, accurate, and transparent carbon data.
All these required reporting measures are designed to prevent corporate greenwashing and create a level playing field. Many big businesses support carbon transparency, realizing that the accuracy and standardization of carbon data create trust with investors and improve access to capital markets. Some of the promi-
by Dennis Allen GOING
nent firms backing California’s initiative include Microsoft, Apple, Adobe, Ikea U.S.A., Patagonia, REI Co-op, and Sierra Nevada Brewing Co. These companies and many others support climate disclosures to enhance transparency and accelerate the fight against climate change. The hope is that these measures will herald a new era of corporate responsibility and a swifter decarbonization of business practices.
Dennis Allen is chair of Allen Construction, an employeeowned company committed to building and operating sustainably. He is also former chair of the Dean’s Council at the Bren School of Environmental Science & Management at UCSB and a former boardmember of the Santa Barbara Museum of Natural History.
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