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Off market
  • $12,467,000

    1 Olive Mill Ln, Santa Barbara, CA 93108

    5beds
    4,264sqft
    SingleFamily
    Built in ----
    -- sqft lot
    $12,467,000 Zestimate®
    $2,924/sqft
    $-- Estimated rent

    Home value

    $12,467,000

    $9.60M - $16.46M

    Not available

    Zestimate® history
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    What's special

    Sparkling poolBasketball areaVariety of fruit treesPrivate retreatOpen-concept kitchenPrivate bathsCal king beds

    Offered furnished from 6/15/26-8/28/26. Nestled on a serene 0.53-acre lot along a quiet lane in Lower Montecito, this Mediterranean-style estate offers the perfect blend of luxury, comfort, and resort-style living. Spanning 4,364 square feet, the home features 5 spacious en suite bedrooms and 5.5 bathrooms, including two luxurious primary suites--one upstairs and one downstairs--each outfitted with Cal King beds. The remaining three bedrooms each offer queen beds and private baths, ensuring comfort and privacy for family and guests alike. Timeless architectural charm defines the interiors, with a classic tile roof, vaulted beamed ceilings, rich wood flooring, and a light-filled living room that opens to a lush, park-like garden. The elegant dining room includes a wet bar, while the expansive family room with fireplace flows seamlessly into an open-concept kitchen-ideal for both everyday living and entertaining. Outside, the beautifully landscaped grounds create a private retreat, complete with a sparkling pool, outdoor TV lounge, basketball area, multiple patios and decks, and a variety of fruit trees. A 2-car carport and additional parking for four vehicles offer ample convenience. Located just moments from Montecito's charming shops, cafes, and world-renowned beaches, this exceptional estate presents a rare opportunity to lease a walkable and highly sought-after property in one of Santa Barbara's most desirable neighborhoods. MUS school attendance area!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: SBMLS,MLS#: 25-1736

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Fireplace
    Features
    • Cathedral Ceiling(s)
    • Flooring: Hardwood, Tile
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,264 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Architecture Style: Mediterranean, Cathedral Ceiling(s), Living Room, Outdoor Pool, Patio
    • Has private pool: Yes
    • Pool features: Outdoor Pool, Pool

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: SingleFamily

    Community & HOA

    HOA
    • Amenities included: Pool
    Location
    • Region: Santa Barbara

    Financial & listing details

    • Price per square foot: $2,924/sqft
    • Date on market: 2/18/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    3/15/2026Listing removed$35,000$8/sqft
    Source: SBMLS #25-1736 Report a problem
    8/21/2025Price change$35,000-30%$8/sqft
    Source: SBMLS #25-1736 Report a problem
    5/28/2025Price change$50,000+66.7%$12/sqft
    Source: SBMLS #25-1736 Report a problem
    5/7/2025Price change$30,000-14.3%$7/sqft
    Source: SBMLS #25-1736 Report a problem
    5/2/2025Listed for rent$35,000$8/sqft
    Source: SBMLS #25-1736 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 93108

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $12,467,000
    2% more
    +$249K
    With Zillow Showcase(estimated)
    $12.7M