7/24 Inventory and Rate Update

Here is your mid week rate update from Guy Rivera at Guarantee Mortgage in Solvang and Santa Barbara. Click here. Thanks Guy for keeping us updated.  

New Listing

1495 N. Refugio, Santa Ynez (3/4 on almost 5 acres) $1,100,000 I was here today. This one is all about location. In Rolling Hills, and even at that, near the very end of the private drive, so little to zero traffic impacts. Refugio address but light years away from any traffic related impacts. Older fixer home built in 1968 and designed in such a way that you could do a lot with it. The location and old growth oaks make this one worth investing some cash into. Those on my Daily Insider list will see detailed information. 

New Listing

2620 Long Canyon, Santa Ynez (main house, guest house on 9 acres) $2,300,000 Oak Trail Estates property. Only the one aerial pic so I don't have an impression of this one other than it is in a VERY good location near the front of the canyon. Easy in, easy out. I do know it’s a single story.  

Price Reduction

1141 Fredensborg Canyon, Solvang (1/1 on 5 acres) I was here just today too. Was 995K with a new price of 895K. Mostly a land deal but the older house does have redeeming qualities. Small but rugged. Vintage but in a funky trendy good way. High ceilings, lots of wood and an obvious foot print for expansion.  Very private. Ballard school district.  

Sold

592 Foxen, Los Alamos (4/2 on .19 of an acre)  Listed at $449,900 and sold final for 435K. Brand new home in a little enclave of spec sites.

Sold

1561 Aalborg, Solvang (4/3 on .65 of an acre) Listed at 739K and sold final in overbid at 745K. Hidden location near the end of a private lane. One of those streets that make you scratch your head and say, "where is that exactly?" though a couple of minutes from downtown Solvang. This gone got a lot of notice.

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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

 

 

7/23 Inventory Update

 

 

 

 

 

 

 

 

 

 


 

 

 

 

If you drive around the valley enough, you pretty much get in touch with our flora and fauna. But, if you venture into the Lompoc corridor along highway 246 and the hinterlands therein, you can get some interesting topography and natural habitat not found in other places plus naturally sandy soil which is a gold mine for us horsey folks. The pic above is of my daughter and her horse just today. The horse, "Meg", happily munching on a type of fern that grows freely in the Cebada Canyon area. Right before I took this photo, we disturbed 4 full grown red tail hawks which took flight ( it was pretty awesome).  For you ranch lookers, don't ditch the canyons and secret hidey holes along the 246 corridor. There are some treasures there. A few here below after the daily SYV update. 

 

 
New Listing

969 Old Ranch Rd., Solvang (1 acre, land only) 479K Old Ranch Rd. sounds like  a little dirt lane in the middle of nowhere but actually this location is surprisingly convenient. A tucked away private little development of large upscale custom homes, literally 3 minutes from El Rancho. There is an HOA here of $225 per month which pays for common area maintenance, the security gate and tennis courts. Note the building requirement of at least 3000 feet. All the homes here are generous in size obviously. Public utilities for water, gas and power.  

In Escrow

734 Hillside, Solvang (3/2 condo) 440K In the Mission Oaks development. Convenient to everything in an exclusive ambiance. HOA here includes pool, clubhouse, tennis and two security gates in addition to copious acres of well cared for planned landscaping.  

Lompoc Ranch Considerations

1940 Tularosa  (2/2 with barns on 8 acres) $799,900

Straddling the line of "is it Buellton or is it Lompoc"? A small house but designed like a main house with a lot of attention to detail and romance built in. Lots to explore in terms of how to use the lower level but the upper level is all view, cozy simple yet upscale lifestyle with a comfortable "I have exactly what I want" attitude. Land falls away in front of the main house so a good privacy buffer from the dead end street which is sparingly traveled anyway. Set up for horses with some truly amazing barns, you can easily plant or just enjoy the land. Private yet not so far out. Shared well.

 

2880 Avena 950K (4/4 on 20 acres) 950K

Own well is a huge plus here. I have been in this home several times over the years. On the market some time back, it looks to be about the same now, in good condition. The magic of this piece is the house is well off the main road for privacy, but there is lots of flat and usable left over for horse facilities, planting or whatever. House is actually one of the more dialed in properties in the area which fluctuates from super high end celebrity to rural farm animal haven. It's all over the place in Cebada Canyon which makes it fun and kinda cool. Very solid stall barn is well built and close to the house. Land along Cebada waiting for an arena or something else. Lots of deer, coyotes and other furry friends in this very natural and unfettered canyon. Here in the valley proper, you could be spending a million more for the same deal. Cebada Canyon locations can save a lot of money and still deliver the rural lifestyle you are looking for.

 

6587 East Highway 246 (3/3 on 100 acres) $1,950,000

 

Villa on 100 acres. Address is the highway but the house sits pretty far back off the road. I felt like I was in a traditional Italian villa when I toured this property quite some time ago. Lots of interior elevation done in what looks to me like traditional style. How big is 100 acres? Very, very big. Want no neighbors? Here you go but with the added kicker of a straight shot in either direction for all the usual conveniences.  Varied topography here with rolling hills. Lots of oaks, surrounded by established vineyards. Own well, pumping 35 gpm. 

   

**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

 

 

7/22 Inventory Update

Rates are on everybody's radar right now. Here are some rate examples from Guy Hamilton at Caliber Funding in Santa Barbara:  

Program:                            High Balance FHA                            High Balance Conforming             

Loan amount                     $729,500                                           $625,000

Loan to value                    up to 96.5%                                      up to 90%

Rate                                     4.125% (borrower paid MI)           4.50%

Rate                                     4.500% (lender paid MI)  n/a

Points                                  -0- pts                                                -0- pts.

 

Here is Guy's contact info. Tell him I sent you: 

Guy Hamilton

Senior Loan Consultant | NMLS ID# 300950

104 W. Anapamu St. Suite G |Santa Barbara, CA.  93101

Direct: 805-728-9308 | Cell 805-689-4959 |eFax: 855-606-6396

Learn more about Caliber Funding and Apply Online  www.caliberfunding.com/ghamilton

 

 

 

 

New Listing

825 Fredensborg Canyon, Solvang (2/3 on 1.4 acres) $1,149,000 Recent build from 2006. Knoll top location is less about usable and more about views. When you need to have a view, well, you just do. And a big view like this is not all that easy to find in this price range. So if you need a view like you need air to breath, check it out.  

New Listing

924 College Canyon, Solvang (4/6 on 1.22 acres) $1,495,000 Be still my heart! I am in love with this property. I don't even have to see the inside, which is good because right now there are no interior pics. I really don't care because the outside is the classic farmhouse design so many people ask for here. And it's not just your usual predictable farmhouse either. Designed with lots of imagination, varying profiles and good use of elevation. Wraparound porch, salt water pool …. need I say more? While the pricing is at the outer edges of where we expect 1 acre ish to be, the size and design of this one will fetch it. Get this, city water AND a private well plus its even on sewer! The good news just keeps piling up on this one. A very charming and memorable property that is sure to spark the inner romantic in you. 

New Listing

3354 Pine, Santa Ynez (3/3 on .21 of an acre) 527K Directly across the street from the elementary school, this home (on the market before as you might remember) has always been so nice and clean and show perfect. There is value in purchasing a home with a long history of good maintenance. Entrance is by long private driveway off of Pine. Seasonal creek is a plus. Bedrooms are all upstairs.  

New Listing

3100 Country, Santa Ynez (4/5 on 1 acre) $1,289,000 You may remember this one from before too. On the market before when things weren't so robust, here we see it again in much happier times and at a time when properties like this are in high demand plus it's about 100K less price tag. These big beautiful fully remodeled in town homes are quite attractive right now to the  high end buyer who doesn't want to have to take a map and extra water when going into town for groceries. Location on this one for convenience is very good. Does have a French Country twang to it but really you could furnish this one a lot of ways and it would be dynamite. You can see from the aerial that it isn't just the usual "here is the hallway, here are the bedrooms" type floor plan. This one has morphed over time and done well with good planning. Very interesting design with big inviting rooms, good color palette and quality throughout. Again here we are at the upper end of one acre pricing but when you factor in the square footage and quality, it starts to make sense. Not an apples and apples comparison to other one acre properties nearby. A different animal all together.  

Price Reduction

689 Rancho Alisal, Solvang (4/5 on .70 of an acre) Was 745K with a new price of 694K. It's always good to try and get in a lower price point when doing a price reduction. You can hopefully capture buyers shopping in the next lower range. In this case, they brought it from the 7's down into the 6's. Smart. This is in the Alisal on leased land. You can buy a property here for hundreds of thousands less than a similar property outside the gates. There are annual land lease payments in here that vary from under 20K to over 30K.  

In Escrow

570 Main, Los Alamos (3/2 on .23 of an acre) 450K This is a listing in my own inventory. An extremely special home with so many upgrades, I can't even list them all here. Lovingly cared for, not your typical home in Los Alamos at all.  The outdoor kitchen alone outclasses many homes priced over a million. Plug in the 5 star hotel master bathroom and wow! Trendy but solid - not a combination you see every day at this price point. Los Alamos is a rapidly emerging market so good timing before prices go more crazy. I still have one remaining property here which you can see at http://www.494heritage.compriced at 469K.  

In Escrow

1619 Refugio, Santa Ynez (4/4 on 5 acres) $1,395,000 While address is Refugio, actual property is well off the main road on a private drive into the Rolling Hills ranchette development. Varied topography with flat where the house is and slope down to the creek and horse pastures. Sweet little barn up top too. Really good views from this knoll top location. In town but rural. Best of both worlds.  

In Escrow

243 Valley Dairy, Buellton (4/2 on .15 of an acre) 525K Another Meadowridge home gone! Not on the market long either - 15 days.  

In Escrow

428 Farmland, Buellton (3 plus office/2 on .16 of an acre) 469K Meadowridge is apparently the place to be! The last one available, gone! 4 days on market.  

In Escrow

3631 Roblar, Santa Ynez (4/4 on 15 acres) $1,600,000 On and off the market for a time, this one above the old Pepper Tree Ranch, of local lore and historical fame and nearby Bridlewood.  

In Escrow

2567 Baseline, Ballard (3/2 on .41 of an acre) 569K Flag lot position protects this one from actually being right on Baseline which is a semi busy street. A long time on the market for Ballard School District at 134 days. 

Sold

621 Hillside, Solvang (3/3 on .47 of an acre) Listed at 675K and sold final for 660K. I am perfectly serious when I tell you that the master closet in this home rivals the square footage of many guest rooms across the valley. Huge and well done. The kitchen is well designed, opening to the family room. Big long terrace taking in the exceptionally good views from this ridgeline location. This is one of the nicest  homes I have seen in Mission Oaks. One of the highest HOA's in the valley at $640 per month but it does pay for a lot. Hazard insurance, earthquake insurance, exterior maintenance, roof, gardener, pool, clubhouse, tennis courts and two security gates.  

Sold

6500 Santa Rosa Rd., Buellton (285 acres, land only) Sold off market for $2,400,000. This just for statistical purposes. These two APN's split off from a larger ranch holding. Says own well so quite a score.  Two more parcels available.  

**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

 

 

7/19 Inventory and Rate Update

Ok, so I know this is a little weird, and those of you who know me will be just saying to yourself, "now she has really gone off the deep end". But really, how could I resist this face? This little cutie (well, he's small now anyway) is at the Lompoc animal shelter looking for someone to love him …. as a pet, not with their eggs. Tame little boy (castrated male) just a few months old who will make a great pet. Pigs are highly intelligent animals and quite funny to have around. My old neighbor trained his to fetch a ball. Somebody out there must have a spot for him. Go see him at the shelter. Click here for their link and here for CAPA the volunteer organization who supports the shelter, my favorite charity who alerted me to the need for a home. You can call Cheryl directly for more pig info at 805.735.4931 or email cheryl.belhasen@gmail.com

 

 

 

 

Here is your week ending rate sheet from Guy Rivera at Guarantee Mortgage in Solvang and Santa Barbara. Click here. Not like they were but still not horrible. Keep it in perspective! I'll be here this weekend if you need me so don't hesitate to get in touch. I'm here for you! And speaking of the weekend, if you happen to be here, check out the list below of my favorite properties in a variety of price ranges. There are other great properties too but these are either good values, good projects or extra special in some way. Here is my list:

 

570 Main, Los Alamos 450K remodeled move in condition, RV parking

494 Heritage, Los Alamos 469K RV parking, mint condition

290 5th St., Solvang 469K possible to add another unit

428 Farmland, Buellton 469K  great neighborhood, newer construction

565 Rancho Alisal, Solvang 625K leased land, lots of square footage

203 Vester Sted, Solvang 629K fresh remodel, move in condition

640 Rancho Alisal, Solvang 635K leased land, big big views!

2175 Holly, Solvang 639K move in condition, great floor plan

2831 Alta, Los Olivos 649K walk to town and school, big for the money at near 2600 sq ft

450 Sycamore, Buellton 669K perfect condition, lots of upgrades

3395 Sagunto, Santa Ynez 675K beautiful condition, love the floor plan

1140 Cota, Santa Ynez 785K nice views, great floor plan, mint condition

1525 N. Refugio, Santa Ynez 795K great project property, flat usable land

3360 Badger, Santa Ynez 945K great project property, very private

1141 Fredensborg Canyon, Solvang 995K great project property, excellent location

2545 Elk Grove, Solvang $1,195,000 stylish executive quality home, great neighborhood

2983 Homestead, Santa Ynez $1,295,000 mint condition, live in one rent out the other

265 Meadowlark, Santa Ynez $1,395,000 great project property, all flat land, lovely setting

1935 N. Refugio, Santa Ynez $1,699,000 good horse property, off the main road

2557 Santa Barbara Ave, Los Olivos $2,450,000 a very cool house, one of a kind

1390 Via Dinero, Solvang $2,475,000 exquisite property, solid and beautiful, good location

1645 Still Meadow, Ballard $3,250,000 fun place, practical yet still stylish, solid and enduring

1490 Dove Meadow, Solvang $3,500,000 there is a lot here for the money!

2740 Ontiveros, Los Olivos $3,925,000 for you car guys out there, you cannot beat this one

9233 Alisos Canyon, Los Alamos $4,495,000 surprisingly close to Los Olivos

4000 Via Rancheros, Santa Ynez $7,950,000 old world charm, very private

2667 Via De Los Ranchos, Los Olivos $18,750,000 huge house, massive land piece, rugged yet classy 

New Listing

141 Victory, Buellton (3/2 on .12 of an acre) $444,500 A new listing in Rancho De Maria. This one is on the same street that I have had two recent sales. These are both my listings so lots of pics and an online tour for good comparisons to the subject property. 181 Victory (mls link)  or visit www.181victory.com) I just closed at 415K and 191 Victory (mls link) or visit www.victoryremodel.com is a listing I have in escrow priced at 395K. Both homes are similar in square footage and lot size to the subject property.  

Back on the Market

960 Old Calzada, Santa Ynez (3/2 on .46 of an acre) 775K Aw shucks. In escrow for around 30 days. Falling out that late in the game hurts.  

Sold

3175 Horizon, Santa Ynez (3/3 on .90 of an acre) Listed at 659K and sold final for 645K. On the market 145 days which really surprised me. This is a really nice property. Love the adobe looking barn in the back.

 

Sold

109 Nina, Buellton (3/2 on .14 of an acre) Listed at 439K and sold final for same. History shows bought out of an auction for 231K back in January. Normal sale this time around after a redo. 

**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