505 East Los Olivos Street

Santa Barbara, CA 93105

$7,500,000
Last Sold Price
21
Beds
14
Baths
3
1/2 Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Never before publicly for sale, with a history going back to the founding of the next-door Santa Barbara Mission, here is a remarkable opportunity to acquire a truly historic and unique property in an unparalleled location. The compound features 2 large estate homes built in the 1880's and 1910's by the famous Hazard industrialist family, on nearly 5 bucolic acres of grounds, plus a beautiful chapel. Used continuously as a spiritual retreat since 1952, this property is zoned residential with land-use...Never before publicly for sale, with a history going back to the founding of the next-door Santa Barbara Mission, here is a remarkable opportunity to acquire a truly historic and unique property in an unparalleled location. The compound features 2 large estate homes built in the 1880's and 1910's by the famous Hazard industrialist family, on nearly 5 bucolic acres of grounds, plus a beautiful chapel. Used continuously as a spiritual retreat since 1952, this property is zoned residential with land-use planning background available for interested parties. Consider either to continue as small-scale non-profit retreat use (with conditions), or as an incredible residential compound. There is nothing like this, a truly once-in-a-lifetime opportunity!
  1. Listed by Ken Switzer • DRE #01245644 • Berkshire Hathaway Home Services California Properties

Property Details for 505 East Los Olivos Street

MLS Neighborhood
15 - Upper Eastside
Within City Limits
Yes
Zoning
E-1
Cross Street
Alameda Padre Serra
Style
Craftsman, Tudor
Construction
Two Story
Recurring Fees
No

Location

Listing Courtesy of Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

Sold By Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

Add your commute
LISTING UPDATED: 11/25/2021 10:46 AM

Property Details for 505 East Los Olivos Street

StatusClosed
MLS #20-3491
Days on Market350
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Home/Estate / Single Family
Year Built1885
Lot Size4.93 AC / 214,750 SF
CountySanta Barbara County

Location

Listing Courtesy of Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

Sold By Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

Add your commute

Building Information for 505 East Los Olivos Street

Stories-Year Built1885Building Size-Lot Size4.93 AC / 214,750 SF

Payment Calculator

$47,739 per month

30 year fixed, 7.25% Interest

Principal and Interest

$40,931

Property Taxes

$6,808

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 East Los Olivos Street

Details
Features
  • District: 15 - SB/EAST OF STATE
  • Property Type: A
  • Property Sub Type: Home/Estate
  • View: Mountain, Ocean, Setting
  • Listing Details: None
  • Grounds Landscaping: Lawn, Wooded
Parking/Garage
  • Parking/Garage: Total Carport Spaces: 2
Room Info
Room Info
  • Bedrooms Total: 21
  • Bathrooms Total Count: 17.0
  • Full Baths Total: 14
  • Half Baths Total: 3
Location Info
Location Info
  • Location Topo: Combo, Level, Rolly
  • Tax Parcel Number: 025-150-009
  • City: SANTA BARBARA
  • County: Santa Barbara
  • Postal Code: 93105
Neighborhood/Schools
  • Elementary School: Roosevelt
  • High School: S.B. Sr.
  • Junior High School: S.B. Jr.
Property / Assessor Information
Property / Assessor Info
  • Nbr of Acres: 5
  • Condition: Average, Good
  • Foundation: Raised
  • Other Buildings: Other
  • Realtorcom Type: Residential: Single Family
  • Source: Other/See Remarks
  • Total # Units: 2
Utility Info
  • Heating/Cooling: GFA
  • Water / Sewer: S.B. Wtr, Sewer Hookup
Contract Info
Contract Info
  • Affordable Housing: false
  • Deposit: 3
  • Close Price: $7,500,000.00
  • List Price: $9,950,000.00
  • Terms: Cash, Ctnl
  • Contract Date: 08-18-2021
  • Close Date: 11-24-2021
  • Status: Closed

Property History for 505 East Los Olivos Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 505 East Los Olivos Street

Taxable ValueLand$4,488,000Additions$3,162,000Total$7,650,000
Tax Record2023$81,692 ($6,808 / month)
Home Facts
Total Finished SqFt6,150 SqFtAbove Grade Finished SqFt6,150 SqFtLot Size210,394 SqFtStyleReligiousYear Built1911CountySANTA BARBARAAPN025-150-009

Schools near 505 East Los Olivos Street

This home is within Santa Barbara Unified 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
Roosevelt Elementary School
PublicK to 6

Santa Barbara Junior High School
Public7 to 8

Santa Barbara Senior High School
Public9 to 12

Peabody 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 Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

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.