Offered furnished, long-term.
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 ensuite 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!
House for rent
$50,000/mo
1 Olive Mill Ln, Santa Barbara, CA 93108
5beds
4,264sqft
Price may not include required fees and charges.
Singlefamily
Available now
-- Pets
-- A/C
-- Laundry
-- Parking
Fireplace
What's special
Sparkling poolBasketball areaVariety of fruit treesMediterranean-style estatePrivate retreatOpen-concept kitchenRich wood flooring
- 98 days
- on Zillow |
- -- |
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Travel times
Looking to buy when your lease ends?
See how you can grow your down payment with up to a 6% match & 4.15% APY.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Fireplace
Features
- Flooring: Hardwood, Tile
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total interior livable area: 4,264 sqft
Property
Parking
- Details: Contact manager
Features
- Exterior features: Architecture Style: Medit, Living Room, Outdoor Pool, Patio Open
- Has private pool: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: SingleFamily
Community & HOA
HOA
- Amenities included: Pool
Location
- Region: Santa Barbara
Financial & listing details
- Lease term: Contact For Details
Price history
Date | Event | Price |
---|---|---|
5/28/2025 | Price change | $50,000+66.7%$12/sqft |
Source: SBMLS #25-1736 | ||
5/7/2025 | Price change | $30,000-14.3%$7/sqft |
Source: SBMLS #25-1736 | ||
5/2/2025 | Listed for rent | $35,000$8/sqft |
Source: SBMLS #25-1736 |