275 Olive Mill Road

Santa Barbara, CA 93108

$3,000,000
Last Sold Price
54,885 / 1.26
Lot Size / Acres

Description

Originally part of the magnficent 'El Cielito estate'' thislandmark 1.26 acre estate site is located in the heart of Montecito with both upper and lower villages on your doorstep. This lot is primed for you to build your legacy compound surrounded by major world class properties. Your unique opportunity to create a magnificent residence on one of the closest buildable lots to Coast Village Road. Adjacent lot located at 285 Olive Mill Road, APN# 091-300-015 is also available for purchase at $2,100,000.Originally part of the magnficent 'El Cielito estate'' thislandmark 1.26 acre estate site is located in the heart of Montecito with both upper and lower villages on your doorstep. This lot is primed for you to build your legacy compound surrounded by major world class properties. Your unique opportunity to create a magnificent residence on one of the closest buildable lots to Coast Village Road. Adjacent lot located at 285 Olive Mill Road, APN# 091-300-015 is also available for purchase at $2,100,000.

Listing Agents

  1. Ron Brand

    Ron Brand

    Listing Agent

    Compass

    DRE #01466064

    ron.brand@compass.com

    P: 805.455.5045

  2. Arthur Kalayjian

    Arthur Kalayjian

    Alternative Listing Agent

    Compass

    DRE #01908920

Property Details for 275 Olive Mill Road

MLS Neighborhood
10 - Hedgerow
Zoning
E-1
Cross Street
Hot Springs

Location

Listing Courtesy of Compass, Ron Brand, DRE #01466064; Compass, Arthur Kalayjian, DRE #01908920

Sold By Berkshire Hathaway Home Services California Properties, Calcagno & Hamilton Partners, DRE #01499736 / 01129919

Add your commute
LISTING UPDATED: 04/28/2022 06:18 AM

Property Details for 275 Olive Mill Road

StatusClosed
MLS #22-712
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential/SFR / Land
Year Built-
Lot Size1.26 AC
CountySanta Barbara County

Location

Listing Courtesy of Compass, Ron Brand, DRE #01466064; Compass, Arthur Kalayjian, DRE #01908920

Sold By Berkshire Hathaway Home Services California Properties, Calcagno & Hamilton Partners, DRE #01499736 / 01129919

Add your commute

Building Information for 275 Olive Mill Road

Lot Size1.26 AC

Payment Calculator

$18,841 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$2,469

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 275 Olive Mill Road

Details
Features
  • District: 10 - MONTECITO
  • Property Type: C
  • Property Sub Type: Residential/SFR
  • View: Mountain, Panoramic
  • Listing Details: Other
Miscellaneous
  • Miscellaneous: Buildable
Location Info
Location Info
  • Location Topo: Level
  • Tax Parcel Number: 009-130-027
  • LotLocation: Near Bus, Near Hospital, Near Ocean, Near Park(s), Near School(s), Near Shopping
  • City: SANTA BARBARA
  • County: Santa Barbara
  • Postal Code: 93108
Neighborhood/Schools
  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Junior High School: S.B. Jr.
Property / Assessor Information
Property / Assessor Info
  • Nbr of Acres: 1
  • Reports Available: NHD, Prelim, Survey
  • Realtorcom Type: Land
Utility Info
  • Water / Sewer: Mont Wtr
Contract Info
Contract Info
  • Deposit: 3
  • Close Price: $3,000,000.00
  • List Price: $2,900,000.00
  • Terms: Cash, Ctnl
  • Contract Date: 03-18-2022
  • Close Date: 04-26-2022
  • Status: Closed

Property History for 275 Olive Mill Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 275 Olive Mill Road

Taxable ValueLand$2,850,000Additions-Total$2,850,000
Tax Record2023$29,631 ($2,469 / month)
Home Facts
Beds4Total Finished SqFt4,869 SqFtAbove Grade Finished SqFt4,869 SqFtLot Size54,885 SqFtStyleResidentialYear Built2002CountySANTA BARBARAAPN009-130-027Fireplace TypeHas Fireplace

Schools near 275 Olive Mill Road

This home is within Montecito Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Montecito Union School
PublicK to 6

Santa Barbara Junior High School
Public7 to 8

Santa Barbara Senior High School
Public9 to 12

Adelante Charter School
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ron Brand, DRE #01466064; Compass, Arthur Kalayjian, DRE #01908920

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.