505 E Los Olivos Street, SANTA BARBARA, CA 93105 (MLS# 20-3491)

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505 E Los Olivos Street, SANTA BARBARA, CA 93105

$7,500,000

Aerial - Mount Calavary Monastery and Mi

Aerial - View from south towards mountai

Property Type: Res Bedrooms: 21 Baths: 17 Square Footage: 11,570 Lot Size (sq. ft.): 214,751 Status: Closed

Current Price: $7,500,000 List Date: 9/03/2020 Last Modified: 9/13/2024

Overview

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 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!

Listing Details MLS# 20-3491

Location Info

District: 15 - SB/EAST OF STATE
Street #: 505
Dir: E
Street Name: Los Olivos
Street Suffix: Street
State: CA
Country: US
Postal Code: 93105
Compass Map: Santa Barbara
Map Grid: N11
County: Santa Barbara
Parcel Number: 025-150-009
Cross Street: Alameda Padre Serra

Contract Info

Price: 9950000
Buyers Agent $/%: 2.5
Affordable Housing: No
Begin Date: 2020-09-03

Status Information

Sold Date: 2021-11-24
Under Contract Date: 2021-08-18

Property Information

TYP: Home/Estate
Total Bedrooms: 21
Total Bathrooms: 17
Total Full Baths: 14
Total Half Baths: 3
Year Built: 1885
Source: Other/See Remarks
Main House SqFt: 11570
Apx # Acres: 4.93
ADU: No
Within City Limits: Yes
Total # Units in Development: 2
Recurring Fees: No

NeighborhoodSchools

Neighborhood: 15 - Upper Eastside

Remarks

COVID Showing Remarks: Prior to entering property, all visitors shall receive CAR form BPPP and CAR form PRE. All visitors shall sign CAR form PEAD-V and send via email to listing agent prior to arriving at property. All visitors shall wear face coverings.
Directions: Next to the Santa Barbara Mission, entrance sign says Mount Calvary Monastery.
Hot Sheet Comment: price

More Information

Owner Info

Deposit: 3

Neighborhood/Schools

Elementary School: Roosevelt
Junior High School: S.B. Jr.
High School: S.B. Sr.

Condition

Good: Yes
Average: Yes

Style

Tudor: Yes
Craftsman: Yes

Construction

Two Story: Yes

Foundation

Raised: Yes

Parking/Garage

Total # Carport Spaces: 2
Total # Uncovered Spaces: 18

Grounds/Landscaping

Lawn: Yes

Other Buildings

Other: Yes

Location/Topo

Wooded: Yes
Level: Yes
Rolly: Yes
Combo: Yes

View

Ocean: Yes
Mountain(s): Yes
Setting: Yes

Water/Sewer

S.B. Wtr: Yes
Sewer Hookup: Yes

Zoning

E-1: Yes

Terms

Cash: Yes
Conventional: Yes

Heating

Forced Air: Yes

Pub Listing Details

None: Yes

Contingent Remarks

HOME INSPECTN: Yes

Property Features

Condition: Good; Average Style: Tudor; Craftsman Construction: Two Story Foundation: Raised Other Buildings: Other View: Ocean; Mountain(s); Setting Heating: Forced Air Zoning: E-1 Terms: Cash; Conventional Pub Listing Details: None Contingent Remarks: HOME INSPECTN

Documents

Site plan ›

Floorplan for Guest Retreat House ›

Floorplan for Monastery House ›

Listing Office: Berkshire Hathaway HomeServices California Properties

Last Updated: September - 13 - 2024

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