Should We Bid $15M to Get This Santa Barbara Icon?

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In this episode, Elliott and Eric explore an exciting auction deal for a real estate opportunity in Santa Barbara, which is a little bit of everything.

They talked about the challenges and potential of redeveloping the site, from gutting the interiors to dealing with political and construction hurdles. 

Elliott shares his ideas for transforming the property, preserving the beautiful exterior while creating a stunning new interior. 

Eric highlights the risks and rewards of bidding in an auction and offers smart strategies to get the best price. 

And brainstorm possibilities for the property, like turning it into a top-tier boutique hotel or a luxurious residence. 

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