145 Olive Mill Lane, MONTECITO, CA 93108 (MLS# 24-3570)

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145 Olive Mill Lane, MONTECITO, CA 93108

$5,905,268

Property Type: Res Bedrooms: 3 Baths: 4 Square Footage: 2,427 Lot Size (sq. ft.): 14,810 Status: Closed

Current Price: $5,905,268 List Date: 10/29/2024 Last Modified: 2/14/2025

Overview

Description

Designed by renowned architect Jeff Shelton, this 3-bedroom, 3.5-bathroom masterpiece beautifully merges artistic innovation with functional living. Ideally situated near Montecito's Lower Village, the home is centered around a tranquil courtyard, with numerous French doors enhancing the effortless indoor-outdoor flow. Soaring ceilings and exceptional craftsmanship define the inviting interiors. At the heart of the home is a striking Saltillo tile stairway, featuring Shelton's iconic metal banister, adding a bold, artistic touch. The primary suite, complete with an attached office, offers a peaceful retreat with lovely garden views. The lush, thoughtfully landscaped gardens by Isa Bird surround the home, creating a perfect backdrop for relaxation and entertainment.

Supplements: With a bocce ball court, built-in BBQ, and outdoor fireplace, the property is designed for gathering and enjoyment. Additional features include a 2-car garage and approved plans for an ADU, all within Montecito's short-term rental zone, making this an exceptional opportunity for both personal use and income generation.

Listing Details MLS# 24-3570

Location Info

District: 10 - MONTECITO
Street #: 145
Street Name: Olive Mill
Street Suffix: Lane
State: CA
Country: US
Postal Code: 93108
Compass Map: Santa Barbara
Map Grid: S12
County: Santa Barbara
Parcel Number: 009-170-018
Cross Street: Olive Mill Rd

Contract Info

Price: 6495000
Seller Consider Concessions: Yes
Affordable Housing: No
Begin Date: 2024-10-29

Status Information

Sold Date: 2025-02-14
Under Contract Date: 2025-01-14

Property Information

TYP: Home/Estate
Total Bedrooms: 3
Total Bathrooms: 4
Total Full Baths: 3
Total Half Baths: Yes
Year Built: 2009
Total SqFt.: 2427
Source: Other/See Remarks
Apx # Acres: 0.34
ADU: No
Within City Limits: No
Total # Units in Development: Yes
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3

More Information

Neighborhood/Schools

Elementary School: Mont Union
Junior High School: S.B. Jr.
High School: S.B. Sr.

Style

Spanish: Yes

Construction

Two Story: Yes

Roof

Tile: Yes

Foundation

Raised: Yes

Exterior

Stucco: Yes

Parking/Garage

Gar #2: Yes
Attached: Yes

Grounds/Landscaping

Built-in BBQ: Yes
Lawn: Yes
Bocce Ball: Yes

View

Mountain(s): Yes

Laundry

Laundry Room: Yes

Interior Features

Cathedral Ceilings: Yes

Fireplace(s)

Patio: Yes

Water/Sewer

Mont Wtr: Yes

Zoning

R-1: Yes

Terms

Cash: Yes
Conventional: Yes

Cooling

Central Air: Yes

Heating

Forced Air: Yes

Property Features

Style: Spanish Construction: Two Story Roof: Tile Foundation: Raised Exterior: Stucco View: Mountain(s) Laundry: Laundry Room Interior Features: Cathedral Ceilings Fireplace(s): Patio Cooling: Central Air Heating: Forced Air Zoning: R-1 Terms: Cash; Conventional

Listing Office: Berkshire Hathaway HomeServices California Properties

Last Updated: February - 14 - 2025

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