5/22 Inventory Update

Here's a little heads up on a 2/1 guest house in Santa Ynez coming available this week. Super gorgeous with new flooring, new cabinets in redone kitchen, very large and spacious with own yard and private parking. Single story. I'll be posting some photos tomorrow. Check back then if you are looking for a new place to hang your hat. $1700 per month.  

In Escrow

1210 Cuesta, Santa Ynez (2/2 on .24 of an acre) 449K Went in multiple offer. Small house but like brand spanking new with 2011 complete down to the studs remodel. Normal sale.  

Sold

478 Dairy, Buellton (4/3 on .18 of an acre) Listed at 440K and sold final for 465K. Price driven up in multiple offer ….. I think there were three buyers. This was a normal sale. As I have mentioned before, Meadowridge is a very underappreciated development. Prices are finally going up to match the true value of these well built homes in a good location. Ranch Rd. (impossible to get into which is why it's still available) and Meadow View (new listing and easy to show) are still available with already higher prices.   

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Sharon Currie

Realtor

President SYV Association of Realtors 2013

Author Santa Ynez Valley Real Estate Update

DRE #01357602

Prudential CA Realty

P.O. Box 778

Los Olivos CA 93441

www.sharoncurrie.com

sharon@sharoncurrie.com

805.233.6461 efax

805.448.2727 direct

 

 

5/21 Inventory Update

New Listing

592 Foxen, Los Alamos (4/2 on .19 of an acre) $449,900 Who says they aren't building new homes these days? Well, besides Skytt Mesa where the waiting list is a mile long (kudos to those of you who got in early at Skytt). Here's a brand new home in a very good location. If in Los Alamos, you want to be back here in the foot hill areas if possible. This one near the end of Foxen Lane in a little pod of newer homes. This one the most recently built of this little collection of spec homes.  Tile work is being finished inside right now so no showings until its complete. Frustrating right? But, if you want a new home and are shopping in the 4's, this is the only game in town and worth waiting for … or writing an offer on without seeing the inside. Beat the crowd. Hey, these days, you have to deploy strategy where you can.  Normal sale.  

New Listing

991 Fredensborg Canyon, Solvang (3/4 on 4 acres) $1,395,000 Almost 5000 square feet of Ballard School District country living. If you like Tudor, it’s a good one. Date of build not on the tax record but I'm thinking maybe 70's? While it may or may not have been updated over that time, there is a lot of value here in size, location and views. Normal sale.  

In Escrow

950 Alamo Pintado, Solvang (16 acres with manufactured home) $1,200,000Essentially a land purchase. Next to Sunny Fields park. Used to be a nursery not that long ago. Normal sale. 

In Escrow

1676 Maple #11, Solvang (2/1 condo) 219K And then there were none. Condos that is. No available condos as of this writing. This was a normal sale. 

In Escrow

2632 Santa Barbara Ave, Los Olivos (3/3 on 1.3 acres) $779,500 There isn't a property in existence that price adjustments won't fix. Started out 100K higher but with the price reduction on 5/10, a buyer came along. Good curb appeal and in the right zip code. 93441 is our version of Beverly Hills 90210. Normal sale.  

Highlights From My Travels Today

 

1979 Refugio, Santa Ynez (2/3 on 9 acres) $4,250,000 As I said to my traveling partner today, I felt like I was on a movie set. This property is so completely unusual, so unexpected, so coloring outside the lines, so simply timeless. Every turn presents a surprise. The use of antique and historically significant materials including door knobs, window casings, flooring, doorways, arbors, decades old vines covering porches and patios is simply perfect for this property that is quite obviously like no other. Additional guest quarters are both top drawer and right out of yesteryear. Romantic, rugged and ageless. Whereas this property has been for sale before, during this incarnation the whole place has taken on a slightly higher vibration. Staged to perfection for a lifestyle acquisition. This could be a movie set, or the setting for the life you want to lead.  Ok, I confess. There was one thing more important than the house itself …… I actually got to touch the actual horse from Zorro.  I may never wash my hands again! You know the Antonio Banderas version of Zorro? There he was, tied to a hitching post (the horse, not Antonio), with a saddle on just like any other horse. Except he was amazingly gorgeous and very black and shiny. And kind, and extremely well behaved and cared for and loved. What a thrill! Normal sale.

 

3350 Numancia, Santa Ynez (4/3 on .55 of an acre) 679K  A fairly thorough remodel on this property compared to when the seller acquired it in 2009 for 391K. You can see the old pics by clicking here. Quite a transformation between then and now. Normal sale.   

**Email me direct for Daily Insider subscription. Get these posts emailed direct to you with private comments and weekly foreclosure reports. 

The information contained in this email is confidential information only intended for the use of the individual or entity named. If the message has been delivered to a person who is not the intended recipient or an agent responsible for delivering it to the intended recipient, you are hereby notified that any unauthorized use, dissemination, distribution or copy of this communication is strictly prohibited.

Sharon Currie

Realtor

President SYV Association of Realtors 2013

Author Santa Ynez Valley Real Estate Update

DRE #01357602

Prudential CA Realty

P.O. Box 778

Los Olivos CA 93441

www.sharoncurrie.com

sharon@sharoncurrie.com

805.233.6461 efax

805.448.2727 direct

5/20 Inventory Update

It was a pretty quiet weekend so I went to Cambria on Sunday with my family. Do you have any idea how many moon stones there are on Moon Stone Beach? A lot. Ask my granddaughter - I'm pretty sure she found them all. :) It was pretty slow going! We stopped for lunch on the way at Bell Street Farms in Los Alamos. If you haven't eaten lunch there you should. I also learned that the Union Hotel, which is also a B&B, has changed from a traditional dinner spot to Tapas and live music on the weekends. So cool! Speaking of Tapas … thank you to my neighbor and reader (you know who you are!) who organized a progressive Tapas dinner in our mutual neighborhood. It was a complete and total blast and I highly recommend it to anyone who likes their neighbors. We ate, we drank and were definitely merry by the time we got to the last house. Fun times! Can't wait until the next time.

New Listing

3741 Mattei Rd., Santa Ynez (main house, other dwellings on 5 acres) $3,695,000Here's an adult and kid playground that will rival pretty much all of them. Horse facilities, tennis court, pool, spa. Yoga turet! Wow. That's certainly a one of a kind cool amenity! House is big at over 4000 square feet, fun and very well built. It manages to be super comfortable with a definitive good time spark but at the same instant, carries its own brand of casual elegance. You can see from the pics this is not an ostentatious house but it is dramatic in its own way. Upscale funky. Super classy farmhouse. So very Santa Ynez Valley. You may remember this from December of last year when it expired without selling at $3,875,000. Shared well. Normal sale.  

Price Reduction

3529 Tivola, Santa Ynez (3/2 on .24 of an acre) Was 525K with a new price of 499K. This one had some offers early on that didn't result in a sale. We finally see the price dipping below 5, which is good news. Pics don't really tell the story of this property. Come and see it in person. Very clean, traditional floor plan. Unusually private for this area due to the garage being out front and side front door entry. Surprisingly pretty well planned back yard with a slightly terraced  design. Now that its under 500K, I like it a lot more. Normal sale. 

In Escrow

1945 Old Mill, Solvang (4/4 on .46 of an acre) $1,099,000 On the market 479 days this time around and 181 with the prior expired listing in 2011. Normal sale. 

Sold

 

1540 Viking Way, Solvang (4/3 on 1 acre) Listed at $779,900 with a new price of 765K. One of my favorite properties. Just loved it. Mint condition with a floor plan that worked for so many lifestyles. End of the lane privacy.  When you see as many houses as I do, you learn to appreciate the ones that have been lovingly maintained over the years. This one definitely has. Normal sale.  

**Email me direct for Daily Insider subscription. Get these posts emailed direct to you with private comments and weekly foreclosure reports. 

The information contained in this email is confidential information only intended for the use of the individual or entity named. If the message has been delivered to a person who is not the intended recipient or an agent responsible for delivering it to the intended recipient, you are hereby notified that any unauthorized use, dissemination, distribution or copy of this communication is strictly prohibited.

Sharon Currie

Realtor

President SYV Association of Realtors 2013

Author Santa Ynez Valley Real Estate Update

DRE #01357602

Prudential CA Realty

P.O. Box 778

Los Olivos CA 93441

www.sharoncurrie.com

sharon@sharoncurrie.com

805.233.6461 efax

805.448.2727 direct

5/17 Inventory Update

Looking for something to do this weekend? I have an idea. Do yourself a favor and take Ballard Canyon Road from Buellton to Los Olivos (or the reverse). Driving out past Rusackand Stolpman vineyards, just unbelievably gorgeous this time of year. Well, it's gorgeous all year but there is something about this particular season. I was out that way myself today. It was simply breathtakingly beautiful. If you don't already live here, or want to live here, you will by the time you finish this drive.  

Here is your week ending rate update from Guy Rivera at Guarantee Mortgage in Solvang and Santa Barbara. Click here. Oopsy. Looks like they moved up a bit.  

I will be around this weekend. If you need me, don't hesitate to reach out in any way that works for you. Good old fashioned phone, text message, email or carrier pigeon. I'm here for you. Monday will bring me back here with all the news. Till then, have a wonderful weekend.  

New Listing

 

 

 

 

 

 

 

 

 

 

 

2690 Baseline, Santa Ynez (10 acres, land only) This is a bank owned property. We don't see a lot of bank owned land specifically so this is a rarity. Corner of Baseline and Still Meadow.  A mostly flat and all usable parcel right in the sweet spot of Ballard School District. Utilities says "other" so at this moment I don't know what the water situation is here. Let's assume none, worst case scenario. 

New Listing

2880 Avena, Lompoc (4/4 on 20 acres) $950,000 This ranch is located on the valley floor so lots of flat. For those of you unfamiliar with Cebada Canyon, this is in the wine corridor between Buellton and Lompoc. Cebada Canyon leads off to the foot hills and is a hidden enclave of around 20 acre parcels dotted with beautiful custom homes, ranchettes, funky farmhouses and the like.  Very pretty in here. Private but very close (minutes) to major shopping in Lompoc and about 15 minutes from Buellton stores. I have seen this house before. House is actually quite nice with a little contemporary flair inside. Cute little barn. Tons of usable land for your equine or hobby pursuits. Lots of horses here in the canyon. In the valley proper, this property would easily be priced at 1.3 mil or more. You can save a lot by considering this small commute.  

Back on the Market

3175 Horizon, Santa Ynez (3/3 on .90 of an acre) 659KAw shucks. Fell out of escrow. No fault of the property. In fact, I really don't know why this property hasn't sold by now. It is definitely at the top of my list for homes in the 6's. Not completely updated but what has been done is very tasteful and important. Roof, heater, plumbed for a/c, walnut floors, windows, stainless appliances - all recently replaced and important items. Good location at the end of a cul de sac and close to everything. Somebody's loss could be your gain. Normal sale.   

Back on the Market

1715 N. Refugio, Santa Ynez (3/3 on 5 acres) $1,595,000This one fell out of escrow too. This is the type of property that is selling like hot cakes right now. I wouldn't be surprised to see it go right back into escrow. Normal sale. 

Sold

220 2nd St., Buellton (3/3 on .16 of an acre) Listed at 410K and sold final for 390K. A very tidy home in surprisingly good pretty much original 1981 condition. Nice views from the back yard. Kids can skip on down the street to school. Normal sale.   

**Email me direct for Daily Insider subscription. Get these posts emailed direct to you with private comments and weekly foreclosure reports.

The information contained in this email is confidential information only intended for the use of the individual or entity named. If the message has been delivered to a person who is not the intended recipient or an agent responsible for delivering it to the intended recipient, you are hereby notified that any unauthorized use, dissemination, distribution or copy of this communication is strictly prohibited. 

Sharon Currie

Realtor

President SYV Association of Realtors 2013

Author Santa Ynez Valley Real Estate Update

DRE #01357602

Prudential CA Realty

P.O. Box 778

Los Olivos CA 93441

www.sharoncurrie.com

sharon@sharoncurrie.com

805.233.6461 efax

805.448.2727 direct

 

 

5/16 Inventory Update

Normally when showing ranch property, I only have to worry about dogs taking a whiz on my truck tires. Looks like now I have to worry about peacocks too! There is a small flock of wild peacocks in the valley and no, I'm not going to say where they are. They are wild and very alive right now and want to stay that way. This one and his two buddies were very interested in my vehicle …… looking for bugs so I think they left my tires alone. :)  

 

 

 

 

 

 

 

Back on the Market

 

195 Main St., Los Alamos (3/3 on .28 of an acre) 445K Was in escrow, fell out. Compared to the valley proper, this is a lot of house for the money. Easily 100K or more in the SYV. Drive a little, save a lot! 

Price Reduction

2900 Highway 135, Los Alamos (6/7 on 99 acres) Was $6,300,000 with a new price of $4,995,000. Yep. You are seeing that correctly. Over a million dollar price drop. On the market since 2008, this property needs a buyer who appreciates and understands the history behind this 1829 built original adobe home. This is the real McCoy. Normal sale.  

In Escrow

227 Menlo, Buellton (3/2 on .17 of an acre) $364,900 Ok, my bad. I thought this was an REO but actually, it was an REO, then was purchased direct from the bank by an investor in April for $252,500. Now we see it on the market as a flip at $364,900 (which is undervalued in my opinion). How does a person or entity become one of those lucky ones able to purchase direct from a bank for so low and then turn around and flip it? I actually don't know …… but I agree with you. Doesn't seem right does it? Then again, I have to ask myself, why would the bank/investor who foreclosed originally dump the property to another investor for $252,500 when its actual value is 400K? Why wouldn't they want to make all the profit themselves? Nobody appears to be steering this boat. I'm glad we are nearing the end of this cycle. I'm not sure how much longer I can stand the insanity of it all.  

In Escrow

 

645 Floral, Solvang (2/2 condo) $279,900 Well of course it went pending! It was the best condo buy in the valley. Actually, it's almost the only condo buy in the valley. With the exception of the Maple unit, we have no condos for sale right now. But here's the kicker. I thought this was an REO too ….. drum roll please ….. you got it. Same investor. Was an REO but purchased direct from the foreclosing bank in April for $196,500. Now being flipped for $279,900. See my rant above. Enough said on that.  

**Email me direct for Daily Insider subscription. Get these posts emailed direct to you with private comments and weekly foreclosure reports. 

The information contained in this email is confidential information only intended for the use of the individual or entity named. If the message has been delivered to a person who is not the intended recipient or an agent responsible for delivering it to the intended recipient, you are hereby notified that any unauthorized use, dissemination, distribution or copy of this communication is strictly prohibited. 

Sharon Currie

Realtor

President SYV Association of Realtors 2013

Author Santa Ynez Valley Real Estate Update

DRE #01357602

Prudential CA Realty

P.O. Box 778

Los Olivos CA 93441

www.sharoncurrie.com

sharon@sharoncurrie.com

805.233.6461 efax

805.448.2727 direct