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Cover home presented by Barbara Koutnik Coldwell Banker Realty See details on page E-2 Sunday, May 8, 2022
SOPHISTICATED MONTECITO MEDITERRANEAN 612 Cowles Road | 612CowlesRoad.com | Offered at $5,450,000 This exceptional single-level Mediterranean villa radiates privacy and tranquility with indoor/outdoor living at its finest. The residence boasts 3 bedrooms and 3.5 baths, plus a guest unit with a separate entrance. Understated elegance and attention to detail are evident throughout the comfortable gracious interior. Outdoors, enjoy expansive lawns, an orchard, gardens and majestic mountain views.
Barbara Koutnik C. 805.689.3015 BcKoutnik@aol.com BarbaraKoutnik.com CalRE #00809916
The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Affiliated real estate agents are independent contractor sales associates, not employees. ©2022 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned 22EKDD_DC_GLA_5/22 offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
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COntents Design Recipes: Tile on trend .......................................................... 4 Fears of housing bubble mount, but any correction won’t be like the last ............... 8 Spring cleaning make tidying up easier .............. 10 Give your home a spring refresh with these decor trends........................................ 10 Style at Home: Celebrate bold, beautiful yellow ......................... 12
Real Estate Q&A: As a foreign national selling my condo, do a portion of the sales need to go to the IRS?....... 16 If an owner bought a condo at auction, can they rent it without the HOA’s approval?..... 16 On Gardening: The best supporting flower goes to ... Blue My Mind and Blue my Mind X.................. 18 A Note From The SBAOR President: 2022 CAR spring meeting .................................. 22
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Classified Real Estate ............................................................ E-23 Residential Property.............................................. E-23 Commercial Property.. .......................................... E-23 Rentals................................................................... E-23
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Design Recipes:
Tile on trend
White and gray helps to add a soft and appealing feel to this large kitchen.
Photo courtesy Handout/TNS
You’re looking to retile your kitchen or bathroom and are at a loss as to which color tile to choose. As a tile choice can often make or break a room, the dilemma is understandable. What is on trend? One trend and color palette we have spotted repeatedly recently does seem pervasive: the colors white and gray. While this may not surprise you and may even seem to be a bit bland, there are some advantages — namely its timeless appeal and neutrality. We have spotted this color palette from kitchen countertops to backsplashes and bathrooms. Here are some ways to make the right selection for your next renovation project.
TILE
A single slab of Calacatta marble is used as a backsplash in this kitchen.
Continued on page 6
Photo courtesy Scott Gabriel Morris/TNS
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TILE
Continued from page 4
1.
Select the slab in person when it comes to large surfaces such as a countertop or overscale backsplash. In many instances, a customer can visit a stone yard in person to make their own selection.
2.
Be aware of background color and shades. Not all whites and grays blend together, so be sure to place tiles side by side to ensure color matching.
3.
Consider using tile on larger surfaces to create an interesting wall feature.
4.
Mix patterns. It is not unusual to have one pattern on the wall and another on a floor.
5.
Consider mosaic and glass tiles. If you choose this route, be sure to hire an installer.
6.
Select a custom grout color. This is often an overlooked design element.
7.
Choose rectangular tiles as opposed to those that are square for a more modern look.
8.
Consider using tile to introduce both texture and color into a space.
9.
Look for interesting ways to lay tile in a pattern.
10.
Consider pairing tile that is dissimilar but of the same color palette to add interest and depth. • • • • • Cathy Hobbs, based in New York City, is an Emmy Award-winning television host and a nationally known interior design and home staging expert with offices in New York City, Boston and Washington, D.C. Visit her website at cathyhobbs.com. ©2022 Tribune Content Agency, LLC.
above: A pairing of two different tiles but of similar colors creates a dynamic pairing in this bathroom. Photo courtesy Handout/TNS
right: Rectangular tiles are used on a bathroom wall for a modern and elegant feel. Photo courtesy Scott Gabriel Morris/TNS
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Fears of housing bubble mount, but any correction won’t be like the last By Jeff Ostrowski Bankrate.com In the first year of the pandemic, home values defied expectations by skyrocketing. During the second year of life with COVID, property prices soared even more. U.S. home prices now are at record levels, and the upward trend shows little signs of slowing. The supply of homes for sale remains low, and bidding wars are still common — even amid increasing affordability challenges and a spike in mortgage rates in recent months.
Not the same as 2008 The 2022 housing market is so hot that homeowners, investors and economists can’t help but think back to the housing bubble of 15 years ago — and wonder if another wrenching crash is in the future. Even normally sober analysts, such as researchers at the Federal Reserve Bank of Dallas, warn of a reckoning. “Our evidence points to abnormal U.S. housing market behavior for the first time since the boom of the early 2000s,” a group of Dallas Fed economists wrote in a widely cited report published in late March. “Reasons for concern are clear in certain economic indicators — the price-to-rent ratio, in particular, and the price-to-income ratio — which show signs that 2021 house prices appear increasingly out of step with fundamentals.” To be clear, the Dallas Fed researchers don’t think the housing market is in for a crash like the one U.S. homeowners endured in 2008. In the aftermath of the global financial crisis, home prices in the frothiest markets plunged by 50 percent.
“Based on present evidence, there is no expectation that fallout from a housing correction would be comparable to the 2007-09 Global Financial Crisis in terms of magnitude or macroeconomic gravity,” they write. Even so, the housing market is overheated, and a cooldown could cause pain, says Ken H. Johnson, a housing economist at Florida Atlantic University. “Housing prices have diverged significantly from fundamental pricing, mostly due to near record-low interest rates, the pandemic and a dramatic inventory shortage,” Johnson says.
‘Gigantic increases in home prices’ Nationally, home prices increased 20 percent from February 2021 to February 2022, according to real estate data firm CoreLogic. That sort of sustained run-up creates all sorts of economic fallout, as some buyers stretch their budgets to afford homes and many renters find themselves locked out of homeownership altogether. “We’re seeing these gigantic increases in home prices — and that’s not something we want to continue to see happen,” says real estate analyst Paige Mueller, founder of Eigen10 Advisors in Alamo, California, and speaker at a recent Urban Land Institute conference in San Diego. As a result of skyrocketing prices, it’s getting harder for Americans to afford homes. Just 54.2 percent of homes sold during the fourth quarter were affordable to families earning a typical income. That number stood at 66 percent in the first quarter of 2020, the start of the pandemic, according to the NAHB/Wells Fargo Housing Opportunity Index.
Compared to the last real estate boom, however, the landing from this run-up promises to be much softer, many housing analysts say. “Price growth is likely to slow, but prices aren’t likely to decline,” says Oscar Wei, an economist at the California Association of Realtors.
Here are three reasons why: Bubble Buffer 1: A lack of supply There’s one obvious reason home prices won’t crash: The supply of homes dramatically trails demand for homes. “I don’t believe we’re in a housing bubble, and the reason can be summed up in three words: inventory, inventory, inventory,” says Marty Green, principal at Polunsky Beitel Green, a mortgage law firm in Dallas. The inventory of existing homes for sale reached record lows in early 2022. While the squeeze has eased somewhat, the National Association of Realtors reported just a twomonth supply of homes for sale in March. That’s way below the six months of supply that economists say signals a balanced market, one that favors neither buyers nor sellers. What’s more, new-home construction remains well below the levels needed to meet demand. Mueller says U.S. home builders completed 1.8 million single-family homes in 2005. This year, that number is expected to be just 1.1 million. While 20th century development patterns in the U.S. were characterized by sprawling subdivisions, the land available for that type of construction is mostly gone, at least in the priciest metro areas. Now, developers are focusing on smaller in-fill projects and repurposing old shopping malls, office buildings and golf courses into housing.
Bubble Buffer 2: Tight lending standards
Nationally, home prices increased 20 percent from February 2021 to February 2022, according to real estate data firm CoreLogic. That sort of sustained run-up creates all sorts of economic fallout, as some buyers stretch their budgets to afford homes and many renters find themselves locked out of homeownership altogether. Photo courtesy Dreamstime/TNS
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During the lending frenzy of 2005 to 2007, anyone could borrow nearly any amount of money, regardless of the size of their down payment or the health of their credit score. Lenders offered “no-documentation” mortgages — commonly known as “liar loans.” Borrowers did indeed lie, sometimes to outlandish levels. That era of historically loose lending standards proved short-lived. The Mortgage Bankers Association’s Mortgage Credit Availability Index soared to a record high during that bubble, then plunged to a fraction of that level during the crash. Mortgage standards have remained tight to this day — to qualify for a home loan, borrowers generally need some combination of good credit, high income and large down payments.
Bubble Buffer 3: Growing numbers of potential buyers The demographic forces driving housing look different, as well. In 2005, members of Generation X were hitting their prime homebuying years. There was just one problem: Gen X wasn’t very big, certainly not compared with the baby boomers who preceded them. Much of the demand during the last bubble was driven by boomers buying multiple homes, and by enterprising Gen Xers becoming property barons. Today, the millennial generation is in prime time for household formation. Unlike Gen X, this is a large age cohort. According to the Pew Research Center, there are 62 million millennials, compared with just 55 million Gen Xers. Meanwhile, the current housing boom is accompanied by an explosion of Hispanic homebuyers. That group is expected to emerge as a major force in homebuying in the coming years. And the oldest members of Generation Z — an age cohort even larger than millennials — are in their mid-20s. As they form households, demand for housing will continue to expand.
Geographic results vary A housing slowdown seems all but inevitable, but the contours will vary by geographic location. “There isn’t really one housing market,” says Mueller. Underscoring that point, CoreLogic says home price appreciation has varied widely across the U.S. Naples, Florida, had the highest annual appreciation rate in February, at 41 percent, followed by Cape Coral, Florida, at 40 percent. On the opposite end of the housing boom, values in Elmira, New York, rose just 3 percent, while Ithaca, New York, experienced appreciation of 5 percent. Johnson anticipates any housing slowdown to play out unevenly. In metro areas experiencing population growth and inventory shortages, home prices aren’t expected to crash, but instead remain unaffordable. However, metro areas with shrinking populations and plentiful supply could experience a crash. “We will almost certainly see varying results mostly summarized by chronic affordability issues in areas with increasing populations and persistent inventory shortages,” Johnson says. “In these cities, price corrections will be less severe resulting in a sustained period of unaffordable housing. In other areas characterized by declining populations and less severe inventory issues, we will witness significant price decline looking very much like the last time around.” Visit Bankrate online at bankrate.com. ©2022 Bankrate.com. Distributed by Tribune
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E9
Give your home a spring refresh with these decor trends
Spring cleaning make tidying up easier
By Avery Newmark
Kids love to touch things, so your TV is likely littered with tiny fingerprints. You can use a coffee filter to gently remove the smudges from your beloved 50-inch television. Photo courtesy Dreamstime/TNS
By Kiersten Willis Spring is upon us, and now is the time to begin planning your methods for sprucing up your home. “When we envision spring-cleaning as a time to rejuvenate our inner and outer world, the cleanup process can be incredibly enlivening rather than being a tiresome chore,” clinical psychologist Carla Marie Manly, Ph.D., told Healthline. Even though the benefits are there, it can feel daunting to tackle cleaning your entire house for the season. Here are five ways “O”, The Oprah Magazine says you can make spring cleaning a breeze. T-shirts can lead to streak-free mirrors If you’ve been using paper towels to clean your mirrors, you’ve likely noticed that lint clings to the mirror. Get a dustand streak-free shine by putting old cotton T-shirts to use. The Spruce has a list of glass-cleaning tips (https://bit.ly/3CQSBew) and an old T-shirt is recommended to ensure no debris is left behind. It’s also environmentally-friendly. Coffee filters can make TV screens look brand-new Kids love to touch things, so your TV is likely littered with tiny fingerprints. You can use a coffee filter to gently remove the smudges from your beloved 50-inch television. According to Apartment Therapy, the disposable paper is lint-free, making it ideal to clean an LCD screen. Turn off the TV and gently sweep the filter across the screen. It will gather dirt and act as an anti-static measure so dust won’t instantly reaccumulate.
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Make wall scuffs disappear Kate Schulhof, the founder of the natural minimalist blog A Clean Bee, told “O” that a light blend of soap and water is usually enough to get rid of marks on the walls. However, you may need to purchase a magic eraser to remove more stubborn scuffs. Yet there are some marks that cleaning simply can’t fix. In that case, you’ll have to paint it. Give your coffee maker a denture tablet cleaning Denture tablets aren’t only useful for cleaning your dentures, retainer or mouthguard. They also come in handy for getting into the nooks and crannies of appliances — including your heavilyused coffee maker. “Denture cleaning tabs utilize the antibacterial and alkalizing properties of sodium bicarbonate (the primary ingredient in baking soda), and when combined with fizzing properties, is essentially like scrubbing and cleaning on a micro level,” Lee Gause, dentist and owner of New York’s Smile Design Manhattan. Make your knife block pure with a simple mixture Many of us have been using the ample time spent at home in the last year to cook more meals at home. If you’re a chef in the making, however, you want to make sure your utensils are clean — that includes your knife block. The Kitchn has tips on how to get it squeaky clean (https://bit.ly/3CTnlvf ). You’ll need several items you likely already have on hand, including dish soap, dishcloths and bleach as well as a few sponges and brushes.
“In true ’70s style, earth tones are on the rise, with chocolate browns, umbers, ochres and oranges being the colors of choice this year, and although they’re on the darker side, paired with the right lighter accents these colors are the perfect match for spring interiors,” SINGULART recommends. Photo courtesy Dreamstime/TNS
Put your warm blankets and cozy comforts away because spring is here, bringing with it plenty of fresh inspiration for home decor. Whether you want to go all out, or just make a few minor adjustments, the style consulting experts at SINGULART have you covered: from groovy vibes to figurative art and design, these five interior trends will instantly spring forward any space in your home.
Lines that curve
Boxy elements and minimalist lines be gone. Curved designs, on the other hand, will continue to rise in popularity through 2022, and is the perfect way to bring a soft, fresh element into your home for spring.
Earthy floral patterns
This spring, we’ll see a lot of bright colors in our homes. To balance out earthy tones, opt for Pantone’s color of the year, periwinkle Very Peri, as well as violet shades, RAF blue and forest greens. “Geometric patterns and floral designs are also making a comeback. If the kitsch wallpaper of the ’60s and ’70s isn’t quite to your taste, you can try adding smaller, but statement artworks to add that floral, springtime flare,” SINGULART recommends.
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Figurative and fresh
In terms of design and art trends, art
collectors are looking for human connection through figurative works of art. “Furthermore, artists such as Sophie Tea are showing us the trend of normalizing and celebrating bodies, with demand for the figurative designs rising in art,” says SINGULART.
Bring the outside in
Many people are opting for travel and abundance this spring. So let your worldly intentions guide your interior decorating vision. It’s a great way to get you excited for the upcoming summer months and to create a visual connection with nature. “Displaying artworks and design pieces from different countries can create an adventurous atmosphere in your home,” according to SINGULART.
“Gimme! Gimme! Gimme!” ‘70s vibes
Although the midcentury modern style that has dominated the design scene for the past few years isn’t going away, this spring it’s likely that this style will be reinvented with a ’70s twist. “In true ’70s style, earth tones are on the rise, with chocolate browns, umbers, ochres and oranges being the colors of choice this year, and although they’re on the darker side, paired with the right lighter accents these colors are the perfect match for spring interiors,” SINGULART recommends.
©2022 The Atlanta Journal-Constitution. Visit at ajc.com. Distributed by Tribune Content Agency, LLC.
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Agent Locally & Glo b ally* 8 0 5 . 8 8 6 .9378 | C r i s t a l @ M o n t e c i t o - E s t a t e . c o m | w w w. M o n t e c i t o - E s t a t e . c o m | D R E # 0 0 96 8247 ©2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Cristal ranked the #1 individual agent based on sales volume & units in the Santa Barbara MLS & the #1 individual agent worldwide for Berkshire Hathaway HomeServices based on production for 2020 and 2021. As of 12/31/2021.
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Style at Home
CeleBrate t i f u u a l e Y B e , l l d o l w o B
YELLOW
Continued on page 14
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New Listing | Open TODAY 1-4pm 3622 Capri Drive, Offered at $2,495,000 3 Bed / 2 Bath + Den + Sunroom | 12+ Fruit Trees
Quiet tree-lined cul de sac in sought after San Roque
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© 2021 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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YELLOW
Continued from page 12
By Katie Laughridge I find that few things can cause controversy in our social media pictures quite like using strong colors, which is understandable. Colors are intrinsically linked to our feelings, emotions and memories, so it is natural to be passionate about them. However, I tend to think the sometimes wary and adverse reactions to using powerful hues comes from a place of uncertainty on how to adapt and incorporate these shades into a stunning and simple home atmosphere. Colors, even the bold-
est of them, are nothing to be afraid of! With springtime about to bloom, I am inspired to start incorporating daring colors that have been dormant throughout the last few months. While blue and green are colors I shall forever adore and use to adorn my spaces, my eyes have been wandering over to the warmer side of things, with visions of sunny days and warm breezes bringing yellow to the forefront of my mind. Warm colors like yellow are a fantastic way to turn up the heat and add — you guessed it — warmth to your home. You
can mix and match classic yellows into your home decor in many ways without overpowering your existing aesthetic. Yellow can be neutral, pastel or fully saturated depending on your tastes, which allows for it to be incorporated into many different looks. This cheerful and uplifting color pairs well with whites, pinks, browns, grays, blues, greens and reds (whew! I need to take a breath!) and gives any room a stunning glow. Yellow can be a loud statement or a soft whisper, though you know me — I always think more is more. One place that
is perfect for a splash of sunshine is in your upholstery. A statement chair is a wonderful spot for a pop of color and energy. While it might seem a big risk to go big and bright, a bright chair can always be tempered with a throw blanket, pillow or tray, so incorporate it throughout the seasons and your changing tastes. Of course, this works the other way around, too — have a neutral chair but want to spice it up? Add your pop of yellow with a throw pillow or blanket instead of committing to an entirely new piece. Of course, easing into yellow is always an option as well. Many patterned fabrics feature subtle hints of yellow that can be brought out into a space. It might not be the main hue in your textile, but it can still be a powerful addition to your space when enhanced with throw pillows, vases and even artwork. These small tweaks can bring yellow into any room in your home from the powder room to the living room, to a stunning and cheerful bedroom. The possibilities when it comes to bold and beautiful colors are truly endless and they make for some very exciting hues with which to experiment. So don’t be afraid to be bold and bring whatever bright colors speak to you into you home. It is well worth it! Adapted from nellhills.com. Katie Laughridge is the owner of Kansas City interior design destination Nell Hill’s. For more information, contact Katie at info@nellhills.com. ©2022 Tribune Content Agency, LLC.
Front page photo: Warm colors, like yellow, are a fantastic way to turn up the heat and add, you guessed it, warmth to your home! Upper left photo: Many patterned fabrics feature subtle hints of yellow that can be brought out into a space. Upper right photo: Yellow can be neutral, pastel or fully saturated, depending on your tastes, which allows for it to be incorporated into many different looks. Lower left photo: A statement chair is a wonderful spot for a pop of color and energy. Lower right photo: Yellow might not be the main hue in your textiles, but it can still be a powerful addition to your space when enhanced with throw pillows, vases, and even artwork. Photos courtesy TNS
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Pool House
840 IVY LANE • MONTECITO
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OFFERED AT $7,600,000
© 2022 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information. CalDRE#: 00976141
SANTA BARBARA NEWS-PRESS REAL ESTATE
SUNDAY, MAY 8, 2022
E15
Real Estate Q&A By Gary M. Singer
As a foreign national selling my condo, do a portion of the sales need to go to the IRS?
If an owner bought a condo at auction, can they rent it without the HOA’s approval? stion QueOur condominium has a foreclosed unit that
n Questio
I am a foreign national who owns a condo in Florida that I want to sell. I am being told that a portion of the sales price needs to be sent to the IRS at the closing. Is this true? And if so, how can I get it back? – Sonia
was sold at auction. The new owner has ignored our condo’s requirement to have tenants apply with the association before leasing the unit. If an apartment is bought through a foreclosure, can the purchaser rent the unit without the association’s screening of the tenants? – Jean
Answer Yes, when non-resident foreigners sell a property in the United States, a portion must be held back and sent to the IRS. The Foreign Investment in Real Property Act of 1980, known as “FIRPTA,” requires the property’s buyer to remit 15% of the purchase price to the IRS. You read that correctly; it is the buyer’s responsibility to collect and submit the funds to the tax collector. If the buyer fails to do this, they can be held responsible for paying the tax, which is one of the reasons that sellers need to prove their residency when selling property. Since the sellers do not live domestically, it makes sense to make the local person responsible for collecting the tax from the government’s perspective. There are exceptions to having to do this. For example, the withholding can be avoided if the property is selling for less than $300,000 and the buyer plans to live in the property for the next two years. At the same time, buyers need to be careful when being asked to agree to this exception because they may be liable for the tax if they move out of the property within two years. The withholding works like other types of taxes, like when payroll taxes are sent to the IRS from each paycheck, and in both cases, the taxpayer must file a tax return to true up with the government and possibly get a refund. If the seller plans far enough ahead, it is sometimes possible to file the tax return in advance and obtain permission from the IRS to withhold less money. Like most tax questions, this can be complicated, so it is crucial to get the advice of a tax professional.
Answer Many community associations’ controlling documents require that prospective purchasers or renters be screened by the association before being allowed to buy or rent the property. The screening process needs to be done fairly, applying the same standards to all occupants. This is easy to accomplish when a new tenant or purchaser is applying. However, when a property transfers to a new owner by operation of the law, for example, when someone inherits it, or the property is foreclosed, there is no opportunity for the association to screen the new resident. Associations are unhappy with this arrangement but have to live with it. The good news for associations is that even though the new owner did not have to be approved, they still have to follow the community’s regulations, just like the other owners. This means they must pay monthly dues, special assessments, follow community rules and get the prospective buyer or tenant approved if they want to sell or rent the property. If they ignore the rules, they have the same penalties as everyone else. Since the new owner is breaking your community’s rules, the board should use their available tools, such as levying fines and possibly taking legal enforcement action. But, before taking these steps, it would be a good idea to speak with the new owner and make sure they know how the community works. This vital information is often shared during the application process they did not go through, and it is possible they are not flouting the rules; they just do not know what they are.
Gary M. Singer is a Florida attorney and boardcertified as an expert in real estate law by the Florida Bar. He practices real estate, business litigation and contract law from his office in Sunrise, Fla. He is the chairman of the Real Estate Section of the Broward County Bar Association and is a co-host of the weekly radio show Legal News and Review. He frequently consults on general real estate matters and trends in Florida with various companies across the nation.Follow him on Twitter @GarySingerLaw. Distributed by Tribune Content Agency, LLC.
The Internal Revenue Service headquarters on April 27, 2020, in the Federal Triangle section of Washington, DC. When non-resident foreigners sell a property in the United States, a portion must be held back and sent to the IRS. Photo courtesy Chip Somodevilla/Getty Images/TNS
E16
SANTA BARBARA NEWS-PRESS REAL ESTATE
SUNDAY, MAY 8, 2022
Home is our favorite destination
Exclusive Member of
OPEN SUN 1-3
493 Mountain Dr | Santa Barbara | 3BD/2BA DRE 01463617 | Offered at $1,995,000 Knight Real Estate Group 805.895.4406
1479 Theresa St | Carpinteria | 4BD/3BA DRE 01231746 | Offered at $1,700,000 Hugo Mendez 805.570.9198
888 Lilac Dr | Montecito | 6BD/8BA DRE 01447045 | Offered at $33,500,000 Riskin Partners Estate Group 805.565.8600
3599 Padaro Ln | Carpinteria | 5BD/6BA DRE 01397913 | Offered at $29,500,000 Emily Kellenberger 805.252.2773
1547 Shoreline Dr | Santa Barbara | 5BD/7BA DRE 01447045 | Offered at $14,300,000 Riskin Partners Estate Group 805.565.8600
1220 Franklin Ranch Rd | Goleta | 3BD/5BA DRE 01463617 | Offered at $12,500,000 Knight Real Estate Group 805.895.4406
1010 Cima Linda Ln | Montecito | 5BD/6BA DRE 01447045 | Offered at $11,250,000 Riskin Partners Estate Group 805.565.8600
2255 Ortega Ranch Rd | Montecito | 3BD/4BA DRE 01447045 | Offered at $10,995,000 Riskin Partners Estate Group 805.565.8600
4488 La Paloma Ave | Santa Barbara | 4BD/4BA DRE 00947199|01943572 | Offered at $4,795,000 Johnson/Johnson 805.455.6570
4815 Sandyland Rd Unit A | Carpinteria | 4BD/4BA DRE 01391451 | Offered at $3,975,000 Lynn Z Gates 805.705.4942
824 E Montecito St | Santa Barbara | 2BD/2BA DRE 01964710 | Offered at $1,295,000 David Magid 805.451.0402
3DFLÀF 2DNV 5G _ *ROHWD _ %' %$ DRE 01440386 | Offered at $1,195,000 Vickie Craig 805.708.2468
OPEN SUN 1-4
2646 Calle Real #1 & #2 | Santa Barbara | 5BD/2BA DRE 00475295 | Offered at $1,675,000 Loyd Applegate 805.570.4935
13 San Marcos Trout Club | Santa Barbara | 3BD/3BA DRE 01005773 | Offered at $1,495,000 Gregg Leach 805.886.9000
OPEN SUN 1-4
7793 Wagon Wheel Dr | Goleta | 3BD/2BA DRE 01985594 | Offered at $1,195,000 Chuck Aljian 805.689.6390
1816 De La Vina St 4 | Santa Barbara | 2BD/3BA DRE 00907671 | Offered at $1,100,000 Alyson Spann 805.637.2884
OPEN SUN 1-4
OPEN SUN 1-4
355 Cannon Green Dr F | Goleta | 3BD/3BA DRE 00949207/01266258 | Offered at $895,000 Wilson/Byrnes 805.570.1551
4297 Carpinteria Ave 18 | Carpinteria | 2BD/2BA DRE 00691884 | Offered at $795,000 Cindy Campbell 805.570.4959
LOCAL LY OWN E D | G LO BA L LY C O N N ECT E D WE REACH A GLOBAL AUDIENCE THROUGH OUR EXCLUS IVE AFFILIAT ES GREATER EXPOSURE WITH UNPARALLELED LOCAL EXPERTISE All information provided is deemed reliable, but has not been verified and we do not guarantee it. We recommend that buyers make their own inquiries.
SANTA BARBARA NEWS-PRESS REAL ESTATE
SUNDAY, MAY 8, 2022
E17
On Gardening:
The best supporting flower goes to… Blue My Mind and Blue My Mind X
Honeybee visits Blue My Mind bush morning glory in west Georgia. Photos courtesy Norman Winter/TNS
By Norman Winter Blue My Mind and last year’s sibling Blue My Mind evolvulus are surefire winners of the 2022 Best Supporting Flower. This is for the flower that delivers an outstanding performance in a supporting role. I suspect that Blue My Mind and the Blue My Mind XL will always get a nomination, but there will be those years that a Scaevola or a Mecardonia might slip in and grab the trophy. You might even wonder, how I could give it to both Blue My Mind and the XL version?
BLUE MY MIND
Continued on page 20
E18
SANTA BARBARA NEWS-PRESS REAL ESTATE
SUNDAY, MAY 8, 2022
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NEW LISTING | 4105 WOODSTOCK ROAD, SANTA YNEZ CA 93460 ARCHITECTURE AS ART | 3 BEDS | 3 BATHS | 17± ACRES IN WOODSTOCK RANCH | OFFERED AT $4,750,000 Carved into the hillside on 17± magnificent acres in Woodstock Ranch is an AIA award-winning architectural masterpiece. Created by renowned Bay Area architects, Fernau & Hartman this 3,160± sf house and guest house blur the distinction between indoors and outdoors, blending seamlessly into the rural landscape. The 2-bedroom 2-bath sustainable and energy-efficient main house and 1-bedroom and bath guest studio artistically combine unique materials creating contemporary and welcoming interiors. The windows and doors throughout the home frame the breathtaking 360-degree views of the surrounding Santa Ynez Valley countryside. A protected courtyard for out-door entertaining and dining features a lounge area, fireplace/ BBQ, and a 45-foot pool and jacuzzi with panoramic views. Another courtyard leads to the freestanding 1 bedroom / bath guest studio. The ASLA award winning landscaping, designed by Pamela Burton & Associates, integrates native and other drought tolerant plants and requires minimal maintenance. This truly is a distinctive house and property and is perfectly suited for relocation or for a unique second home.
CAREY KENDALL 805.252.9763 | carey@clkre.com careykendall.com | DRE 00753349 All information provided is deemed reliable, but has not been verified and we do not guarantee it. We recommend that buyers make their own inquiries.
SANTA BARBARA NEWS-PRESS REAL ESTATE
SUNDAY, MAY 8, 2022
E19
BLUE MY MIND Continued from page 18
above: Blue My Mind Bush morning glory, Rockapulco Coral Reef impatiens and Sweet Caroline Sweetheart ornamental sweet potato dazzle as partners in a hanging basket. below: Both Blue My Mind bush morning glory varieties make a dream come true with your favorite rudbeckias.
Blue My Mind and last year’s sibling Blue My Mind evolvulus are surefire winners of the 2022 Best Supporting Flower. This is for the flower that delivers an outstanding performance in a supporting role. I suspect that Blue My Mind and the Blue My Mind XL will always get a nomination, but there will be those years that a Scaevola or a Mecardonia might slip in and grab the trophy. You might even wonder, how I could give it to both Blue My Mind and the XL version? Well, the University of Tennessee trials said it all. Perfect Score all season for both, and they couldn’t tell the difference between the two. Other trials said the XL was indeed a little larger in flower and habit. While I won’t bet the proverbial family farm on it, I will wager that when you see the icy blue blooms in a combo, you will ooh and ahh. It will be thanks to the little blue flowered evolvulus. Usually my articles are required to straighten up some taxonomic change of nomenclature. This time I am chasing the rabbit we call the common name. When the evolvulus came out in the mid-’90s, we were happy to let that be the common name. It kind of added an air of mystery to the plant. The big plant production market boys don’t like mystery, so they tagged “bush morning glory” to it. While grannies and such love their morning glories, there is another segment of gardeners and farmers that this puts the fear of God into. To this group, the term “bush” simply means “I might kill this morning glory if I try hard and rent the flamethrower at the store.” Obviously, I am joking, sort of. The botanical name Evolvulus means to untwist or not climb. Blue My Mind reaches about 12 inches tall, spreading outward to around 24 inches. XL will grow outward a little larger. That’s pretty special for a plant that is in the morning glory family. Space your plants 12 to 24 inches apart. This low growing habit makes it the perfect plant for the front of the border in front of Luscious Marmalade lantanas or whatever is your favorite color. Use it in mixed containers and they will make you look like the design pro who won The Federated Garden Club mixed container award. Since both Blue My Mind varieties have the ability to perform for a very long season, it pays to prepare your bed properly. I like to work in 3 to 4 inches of organic matter, along with two pounds of a slow-release fertilizer like a 15-7-15 per 100 square feet of bed space. Your bed is probably smaller; just follow your fertilizer’s label instructions. You might wonder the reason for doing this for such a tough plant. The answer is drainage. The Blue My Mind varieties of evolvulus do not like to sit in wet, soggy conditions, so good drainage is an absolute. Not too many plants are this maintenance-free. Watering during dry periods and light monthly applications of fertilizer will keep your plants blooming until frost. No deadheading is needed. This color of blue stands out like the best supporting flower award winner it is, even when paired with a Superbells Hollywood Star calibrachoa. Norman Winter, horticulturist, garden speaker and author of “Tough-as-Nails Flowers for the South” and “Captivating Combinations: Color and Style in the Garden.” Follow him on Facebook @NormanWinterTheGardenGuy.) ©2022 Tribune Content Agency, LLC
Blue My Mind bush morning glory also comes in a new Blue My Mind XL that is a little larger, and fulfills all your supporting role opportunities including the front of the border.
E20
SANTA BARBARA NEWS-PRESS REAL ESTATE
SUNDAY, MAY 8, 2022
Exclusive Member of
NEW LISTING | 1220 FRANCISCAN COURT #11, CARPINTERIA CA 93013 2 BEDS | 1 BATHS | 752± SQFT | OFFERED AT $649,000 Single story, ground floor end unit! Living and dining area with fireplace and French door to enclosed patio area. Bullnose cornering. Kitchen cabinets, cupboards and counters updated. Newer forced air gas furnace. Central A/C! Detached full 2 car garage! Remodeled large bath. In-unit washer and dryer. Just steps to the pool, spa and playground! Second bedroom has PJ Milligan built-in pine cabinet/ closet. Primary bedroom with two closets. Great location! Community pool, spa and playground! Close to the beach!
JEFF M OIEN 805.895.2944 | jeff@villagesite.com villagesite.com | DRE 00852118 All information provided is deemed reliable, but has not been verified and we do not guarantee it. We recommend that buyers make their own inquiries.
SANTA BARBARA NEWS-PRESS REAL ESTATE
SUNDAY, MAY 8, 2022
E21
A note from the SBAOR President
Today’s
By Bob Walsmith, Jr. President of the Santa Barbara Association of REALTORS®
To view this weekend’s Open Home Guide and all other Real Estate for sale or rent go to: newspress.com – click on Special Editions, House & Home
Carpinteria
2022 CAR Spring Meetings
$795,000 4297 Carpinteria Ave Apt 18 2/1.5 1-4 “Vista Del Estero” pet friendly townhouse with easy walk to beach and estuary. Two spacious bedrooms, fireplace in living room, patio and garage. Village Properties Cindy Campbell
805-570-4959
# 00691884
east side Upper 1-4 $1,100,000 1816 De La Vina St 4 2/3 Make everyday a vacation and indulge in the surrounding lifestyle in this well-located townhome. Village Properties Pranav Shastri
805-729-7993
# 02152010
Goleta north 12-4 $1,195,000 7793 Wagon Wheel Dr 3/2 Great opportunity in Goleta “The Goodland”
Village Properties Chuck Aljian
805-689-6390
# 01985594
Goleta soUth 1-4 $895,000 355 Cannon Green Dr. F 3/2.5 Cannon Green Townhouse, ample storage, private patios,1car garage,1carport. Amenities-Pool, spa, club house, gym, BBQ’s, tennis court, playground. Village Properties Kim Byrnes
805-637-3075
# 01266258
Goleta soUth 1-3 $1,295,000 5680 Surfrider Way #101 4/3.5 Contemporary townhome built NEW in 2019. Spacious 2,129 sq. ft. end-unit located in the heart of the complex. Bonus full bed/bath suite on entry level. Attached 2-car garage. Low $210/mo HOA fee! Mike Richardson, Realtors Kyle Richardson 805-680-3131
# 01902531
riviera foothills 1-3 $1,995,000 493 Mountain Dr 3/2 Rarely available adobe-style casita located in the historic El Rancho Hacienda development. Village Properties Gabe Grandcolas
805-450-4723
# 02136492
san antonio Creek 1-4 $1,495,000 113 San Marcos Trout Club 3/3 Unobstructed Ocean views. 3 bedroom, 2 baths, remodeled kitchen & baths, great room, office & and beautiful entertaining areas. 10 minutes to town Village Properties Gregg Leach
805-886-9000
# 01005773
West side 2-4 $1,250,000 802 Eucalyptus Avenue 2/1 New Listing! Close to schools, light and bright CA Cottage, lovely neighborhood, private back yard. Coldwell Banker Realty Steve Slavin 805-886-3428
E22
One of the many privileges of being the 2022 Santa Barbara Association of Realtors (SBAOR) President is that I am able to attend various meetings during the year sponsored by the California Association of Realtors (CAR) and the National Association of Realtors (NAR). This past week was the 2022 Spring CAR meetings in Sacramento. This was the first time that I was able to attend any of these meetings in person. I was so glad that I was there. The number of like-minded deeply caring Realtors that I met was inspiring. This is our political process at its’ finest. People caring enough about what is right for their clients and neighbors to go to Sacramento and speak with our legislators to facilitate real change and progress. One of the main purposes of these Spring meetings is the ability of us as Realtors to meet with our elected officials in Sacramento in person and to discuss with them the topics, subjects and legislation that are important to us, not just as Realtors, but as residents of this great state. This is all part of what we call, Legislative Day. An entire day dedicated to listening to and then speaking with our elected officials in the hopes that they will see the importance of what we as Realtors do for our clients and neighbors. We were honored to listen to first, James Gallagher, the California Minority Leader of the State Assembly, then Bob Hertzberg, the California State Senate Majority Leader, and finally California Governor Gavin Newson. Regardless of your political affiliation, it was an honor to have these three men speak to over 2,000 Realtors. After this part of the day, I was honored to speak in person with our State Assemblymen, Steve Bennett (whose district covers parts of Ventura and Santa Barbara Counties), and our local State Senator, Monique Limon (who covers all of Santa Barbara County and a good portion of Ventura County), about a subject that is vitally important for all Californians. The fact that although they work hard and have good jobs, they simply can’t save enough for a home to call their own. We, as an association, are fighting for money in this upcoming state budget to be specifically earmarked to assist hard working Californians in their pursuit of ‘the American Dream.” I was also highly inspired by the many people that are behind the scenes, non-Realtors, that are working with us and our
legislators to strike common ground and enhance everyone’s way of life by insuring home ownership can be had by all Californians. Subjects such as affordable housing, more housing, fair housing, tenants’ rights, taxes, were just a few of the very important topics that were discussed this past week. Affordable Housing. I know more than most because I live in Santa Barbara, just how expensive it is not just to buy a home, but to even afford a decent rental. With the average home price in our area last year approaching $4.0 million and the median sales price being around $2.2 million, how can the average family afford the ‘American Dream?’ This is a topic that is of vital importance and needs to be carefully thought out and discussed so that more families can achieve what a great many of us take for granted. There were more than a few seminars this past week regrading this subject. More Housing. It is estimated that in California alone, there is a shortage of over 4.0 million housing units. That is a staggering number. And it is only getting worse. There seems to be no easy answer to this problem. What if a community wants to stay ‘small’ and doesn’t want to grow too much? Don’t they have the right? However, don’t residents have the right to want to not cram in a small apartment? California ranks third in the country for occupants per household. Fair Housing. April is Fair Housing month and this topic was front and center all week. It is a continuing struggle to make sure that landlords, real estate agents, home sellers, builders, mortgage lenders, etc. treat people equally, fairly and void of discrimination. A lot of us take this for granted and/or don’t think it exists but it does and we need to eliminate it all together. As you can see from this list of topics that were covered this past week, Realtors are not just worried about where to position their open house signs or how to spend their next commission check, but they are deeply concerned and fighting for the same things the rest of the public is thinking about and that is important to them. The next time you talk to a Realtor, ask them about any of these very important topics, or anything else that might be on your mind. You might also want to thank them for all that they do for you and your neighbors!
Bob Walsmith, Jr. can be reached at 805-720-5362 or emailed at Bob@BobWalsmithJr.com # 00493760
SANTA BARBARA NEWS-PRESS REAL ESTATE
SUNDAY, MAY 8, 2022
BUSINESS 30
BUSINESS 30
MANUFACTURED HOMES 240
Gina M. Meyers (805) 898-4250 gmeyers@cbcworldwide.com Local Knowledge - Global Network 3820 State St., Santa Barbara, CA 93105 CalRE#00882147
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MOVING? Clear the clutter! To place your garage sale ad today
Equestian Potential Beautiful 50 acres Ocean View. $3,000,000 1-808-280-0720
CRS, GRI, ABR, SRES, SFR Top 4% of all Berkshire Hathaway HomeServices Realtors Nationwide
Call 805-963-4391 or email: classad@newspress.com
(805) 705-4353 cell
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reynestapelmann@cox.net www.HomesInSB.com CalBRE 01347808
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Sharon E. Hills 805-899-2919 Se Habla Espanol Call for FREE Consultation WE HAVE BUYERS FOR LIQUOR MKTS - ELECTRONICS BIZ Call now to price your business
NEW : Corner Deli/Market $99K Exc. location. Rent only $4900
NEW : Busy Chicken Rest $199+ Food
“THANK YOU to the doctors, nurses, and staff at Cottage Hospital and Sansum Clinic for keeping our community safe and healthy. We appreciate you!”
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Inv. Fully Remodeled. Pkg.
NEW : Plumbing Biz Earned $117K Owner/Operator income in 2021. State of CA requires this service!
Nail Salon & Spa $225K New build-out. Profitable. Hi-traffic State St. location.
NEW: Yogurt Shop $249K + Inv
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OPEN HOUSE DIRECTORY We no longer take submissions via e-mail, instead an easy-to-use form can be found at newspress.com Click on “SPECIAL EDITION” then click on “OPEN HOME” Deadline is 5 p.m. on Wednesdays for the following weekends publication.
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Owner earns $100k in 6 hrs daily Self-Serve. Shopping Ctr. Parking
Oxnard Laundromat $599K New machines in 2018. Prime hi-traffic location with parking.
Absent owner earned $96,575! Oxnard B&W Mkt $230K 2021 Absentee owner earned $87,752 Jan. sales $37,217. Busy strip
Corner Liquor Str/Mkt $425K +Inv. Type 21 Liquor Lic. 2019: $90K to owner/operator New wall of coolers added!
Car Rental Franchise $150K+ Inv. Travel is back! Income rising!
129 E. Anapamu Bldg $2.1 M Type 47 License worth $300K Lowers Bldg price to $1.9 M
Great RESTAURANTS 4 LEASE! SOLD: SB Fast Food $149K SOLD: Vta Mkt B&W $750K SOLD: Montecito Boutique $225K SOLD: Frame Shop $79K SOLD: Electronics Assy. SOLD: 2 Wine Bars (SB/SY)
Restaurant Specialist Leasing - Sales www.SBBusinessBrokers.com Sharon@SBBusinessBrokers.com E23
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Built NEW, completed in 2019 4 bedrooms + 3.5 bathrooms Spacious 2,129 sq. ft. residence Attached 450 sq. ft. garage Rare entry level bed/bath suite 9 ft ceilings + dual-pane windows Luxury vinyl plank flooring
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Central heat and A/C Gourmet kitchen with island Formal laundry room Solar panels (owned) Low $210/mo HOA fee Pool, spa, clubhouse, & garden
The Richardson Team Mike and Kyle Richardson
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SANTA BARBARA NEWS-PRESS REAL ESTATE
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SUNDAY, MAY 8, 2022