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505 E Los Olivos Street, SANTA BARBARA, CA 93105

$7,500,000
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

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!

More Information MLS# 20-3491

Location Info

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

Contract Info

Buyers Agent $/%: 2.5 Affordable Housing: No Current Price: $7,500,000 Price: 9950000 Begin Date: 2020-09-03 Status: Closed

Property Information

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

Neighborhood/Schools

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

Owner Info

Deposit: 3

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. Hot Sheet Comment: price Directions: Next to the Santa Barbara Mission, entrance sign says Mount Calvary Monastery. Geo Lat: 34.439769 Geo Lon: -119.713698

Condition

Good: 1 Average: 1

Style

Tudor: 1 Craftsman: 1

Construction

Two Story: 1

Foundation

Raised: 1

Parking/Garage

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

Grounds/Landscaping

Lawn: 1

Other Buildings

Other: 1

Location/Topo

Wooded: 1 Level: 1 Rolly: 1 Combo: 1

View

Ocean: 1 Mountain(s): 1 Setting: 1

Water/Sewer

S.B. Wtr: 1 Sewer Hookup: 1

Zoning

E-1: 1

Terms

Cash: 1 Conventional: 1

Heating

Forced Air: 1

Pub Listing Details

None: 1

Contingent Remarks

HOME INSPECTN: 1

Status Information

Sold Date: 2021-11-24 Sold Price: $7,500,000 Under Contract Date: 2021-08-18

NeighborhoodSchools

Neighborhood: 15 - Upper Eastside

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
Listing Office: Berkshire Hathaway HomeServices California Properties
IDX
Last Updated: September - 13 - 2024
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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