Lucky's Steakhouse was founded in 2000 at 1279 Coast Village Road, Montecito, California. Originally constructed as the Montecito Bungalows back in 1926, the building had changed hands many times over the decades and eventually began to succumb to the strain of its years of service. Local legend spoke of the location as being 'out of luck.' Gene Montesano believes that luck favors the bold so he, along with his friends Jimmy Argyropoulos and Herb Simon, took over the business and gave it the makeover it deserves. The location once again serves its community as LUCKY'S: Montecito's second living room.