A rare opportunity to build the dream in the exclusive enclave of Montecito. This small home is in need of updating, but it rests on nearly a half-acre of buildable land, steps to the trendy shops and restaurants of Coast Village and a short distance to Butterfly Beach. The house features 2 bedrooms and 2 full baths. A den/office currently serves as a third bedroom. The expansive property is both wide and deep and has many mature fruit trees. Please do not disturb the occupants. The home will be shown by appointment only.
Sold for $3,100,000
$3,100,000
120 Olive Mill Rd, Santa Barbara, CA 93108
2beds
1,496sqft
SingleFamily
Built in 1956
0.42 Acres Lot
$-- Zestimate®
$2,072/sqft
$7,297 Estimated rent
Home value
Not available
Estimated sales range
Not available
$7,297/mo
Zestimate® history
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List your homeWhat's special
Many mature fruit trees
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Appliances
- Included: Dishwasher, Range / Oven
Features
- Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,496 sqft
Property
Parking
- Parking features: Garage - Attached, Off-street
Lot
- Size: 0.42 Acres
Details
- Parcel number: 009241003
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1956
Community & HOA
Location
- Region: Santa Barbara
Financial & listing details
- Price per square foot: $2,072/sqft
- Tax assessed value: $142,139
- Annual tax amount: $3,074
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $3,100,000$2,072/sqft |
Source: Public Record Report a problem | ||
| 4/17/2026 | Listed for sale | $3,100,000-12.7%$2,072/sqft |
Source: Owner Report a problem | ||
| 2/27/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/25/2026 | Listed for sale | $3,550,000$2,373/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,074 +0.9% | $142,139 +2% |
| 2024 | $3,045 +1% | $139,353 +2% |
| 2023 | $3,016 -0.1% | $136,622 +2% |
| 2022 | $3,020 +1.1% | $133,944 +2% |
| 2021 | $2,987 +5.1% | $131,318 +11.7% |
| 2020 | $2,843 +4.9% | $117,544 +4.5% |
| 2019 | $2,710 +6.4% | $112,495 +16.2% |
| 2018 | $2,548 -6.1% | $96,823 -20.9% |
| 2017 | $2,714 +5.4% | $122,480 +2% |
| 2016 | $2,576 +10.1% | $120,079 +1.5% |
| 2015 | $2,339 | $118,276 +2% |
| 2014 | $2,339 | $115,960 +2.5% |
| 2012 | -- | $113,175 +2% |
| 2011 | -- | $110,957 +0.8% |
| 2010 | -- | $110,129 -0.2% |
| 2009 | -- | $110,391 +2% |
| 2008 | -- | $108,228 +2% |
| 2007 | -- | $106,107 +2% |
| 2006 | -- | $104,028 +2% |
| 2005 | -- | $101,989 +3.9% |
| 2003 | -- | $98,160 +2% |
| 2002 | -- | $96,236 +2% |
| 2001 | -- | $94,350 +2% |
| 2000 | -- | $92,501 |
Find assessor info on the county website
Neighborhood: 93108
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Nearby schools
GreatSchools rating
- 10/10Montecito Union SchoolGrades: K-6Distance: 0.7 mi
- NASanta Barbara Unified Early ChildhoodGrades: Distance: 2.3 mi
- California
- Santa Barbara County
- Montecito
- 93108
- 120 Olive Mill Rd
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