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  • $11,750,000

    204 Olive Mill Rd, Santa Barbara, CA 93108

    5beds
    4,998sqft
    : 
    $78,484/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    1.1 Acres Lot
    $11,337,900 Zestimate®
    $2,351/sqft
    $-- HOA

    What's special

    Welcome to Casa Pasiva! A newly constructed 5,000± square foot residence set on approximately one acre in Montecito, bringing together striking modern architecture and one of the world's most rigorous building science standards. The result is a home that feels every bit as luxurious as it is remarkably comfortable. The moment you step outside, the setting announces itself. The main living space and 4 bedrooms (including primary) are on the main level. A 650± square foot floating deck extends from the living room through expansive NanaWall glass doors, creating a seamless connection to the resort-style pool and beautifully landscaped grounds. Just beyond, nearly an acre of privacy unfolds, all within an easy walk of Butterfly Beach, Coast Village Road's restaurants, boutiques and cafés. Above it all, a spectacular 1,500± square foot rooftop terrace with a covered outdoor kitchen creates an unforgettable setting for entertaining guests with ocean and mountain views. Conceptually designed by acclaimed Santa Barbara architect Jeff Shelton, the home reveals a more restrained expression of his work. Clean lines, generous expanses of glass and carefully balanced proportions allow the surrounding landscape to become part of the architecture itself. Forested views, abundant natural light and glimpses of the ocean are framed like works of art, blurring the boundary between indoors and out. Behind its elegant simplicity lies an extraordinary level of engineering. Base Architecture and Design developed the home's Passive House detailing, following the exacting standards established by Phius (Passive House Institute US), North America's leading passive building certification. A continuous, highly insulated building envelope minimizes thermal bridging, while an exceptionally airtight shell works in concert with a Zehnder whole-house fresh air system that continuously delivers filtered outdoor air, recovers heat and moisture, and quietly maintains exceptional indoor comfort. High-performance glazing manages solar heat gain, and carefully engineered moisture control protects the structure for decades to come. Throughout the home, an integrated air quality monitoring system continuously tracks temperature, humidity, VOCs, radon and airborne particulates, providing real-time insight into the environment inside. The result is a home that remains exceptionally quiet, healthy and energy efficient in every season. The outdoor spaces are equally well considered. A 50-foot pool and spa sit just steps from the home and are managed by an advanced Hayward automation system with remote monitoring, automatic water leveling and a discreet electric pool cover. Sonos audio extends throughout the pool and garden areas, while an eco-conscious three-zone irrigation system minimizes water use without compromising the beauty of the landscape. The home's technology is equally impressive. An 8.8kW solar array offsets much of the home's energy demand, with infrastructure already in place for future battery storage. Three EV charging stations, a Samsung HVAC system, Lutron Caséta lighting controls, enterprise-grade Ubiquiti WiFi, dedicated low-voltage networking, comprehensive security system, and a private elevator are seamlessly integrated into daily living. In the kitchen, Sub-Zero and Wolf appliances complete a space designed for both serious cooking and effortless entertaining. Casa Pasiva represents a rare convergence of architecture, sustainability and technology. Beautifully designed, meticulously engineered and thoughtfully executed, it offers a level of comfort, efficiency and performance seldom found in luxury residential construction. Combined with its exceptional Montecito location and walkability to Butterfly Beach and Coast Village Road, it stands as one of the area's most compelling new residences.
    14 days
    1,127
    30

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrice Serrani 01764713 805-637-5112,

    Compass

    Source: SBMLS,MLS#: 26-2736MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Heating
      • Other
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room
      Features
      • Walk-In Closet(s), Double Vanity, Recessed Lighting, Smart Home, Smart Thermostat
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 0
      • Total interior livable area: 4,998 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Garage, Storage, Attached
      • Attached garage spaces: 2
      • Uncovered spaces: 8
      Features
      • Levels: Tri-Level
      • Patio & porch: Patio, Deck, Rooftop Deck, Rear Porch, Front Porch
      • Exterior features: Fruit Trees, Yard Irrigation T/O, Yard Irrigation PRT, Drought Tolerant LND
      • Has private pool: Yes
      • Pool features: Outdoor Pool, Pool Cover
      • Has spa: Yes
      • Spa features: SPA-Outside
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Mountain(s), Ocean, Setting, Trees/Woods
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 1.1 Acres
      • Features: Level
      • Topography: Level
      Details
      • Parcel number: 009640004
      • Zoning: R-1
      • Other equipment: Air Purifier

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom Built
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Foundation: Raised
      • Roof: Metal
      Condition
      • Excellent
      • Year built: 2026

      Utilities & green energy

      • Electric: Energy Storage Device
      • Water: Mont Wtr

      Community & HOA

      Location
      • Region: Santa Barbara

      Financial & listing details

      • Price per square foot: $2,351/sqft
      • Tax assessed value: $4,314,525
      • Date on market: 8/25/2026
      • Cumulative days on market: 15 days
      • Listing terms: Conventional,Cash

        Estimated market value

        $11,337,900

        $10.77M - $11.90M

        Not available

        Price history

        DateEventPrice
        8/25/2026Listed for sale$11,750,000+1416.1%$2,351/sqft
        Source: SBMLS #26-2736 Report a problem
        2/5/2020Sold$775,000$155/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $4,314,525 +96.3%
        2025$24,277 +92.7%$2,197,574 +82.2%
        2024$12,597 +47%$1,205,955 +48%
        2023$8,569 +1%$814,662 +2%
        2022$8,487 +2.1%$798,689 +2%
        2021$8,310 +1.7%$783,029 +1%
        2020$8,167 -23.9%$775,000 -25.7%
        2019$10,728 +416.3%$1,042,726 +410%
        2018$2,078 -91.9%$204,443 -91.3%
        2017$25,676 +3.2%$2,349,074 +2%
        2016$24,890 +3.7%$2,303,015 +1.5%
        2015$24,006 $2,268,422 +2%
        2014$24,006 $2,223,987 +2.5%
        2012-- $2,170,527 +2%
        2011-- $2,127,969 +0.8%
        2010-- $2,112,066 -0.2%
        2009-- $2,117,085 +2%
        2008-- $2,075,575 +2%
        2007-- $2,034,879 +2%
        2006-- $1,994,981 +2%
        2005-- $1,955,865 +18.9%
        2003-- $1,644,872 +2%
        2002-- $1,612,620 +2%
        2001-- $1,581,000 +100.5%
        2000-- $788,609
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 93108

        Getting around

        21 / 100
        Car-Dependent
        26 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mont Union
        • Middle: S.B. Jr.
        • High: S.B. Sr.

        Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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