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  • $11,250,000

    285 Olive Mill Rd, Santa Barbara, CA 93108

    4beds
    5,592sqft
    Single Family Residence
    Built in 2026
    0.73 Acres Lot
    $11,441,900 Zestimate®
    $2,012/sqft
    $-- Estimated rent

    Home value

    $11,441,900

    $10.87M - $12.01M

    Not available

    Zestimate® history
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    What's special

    Wood-burning fireplaceTemperature-controlled glass wine wallBespoke millworkBuilt-in grill stationCustom boutique-style closetWide-plank oak flooringOutdoor lounge
    Introducing Villa Oliva: A Rare Expression of Montecito Luxury Newly Built and Designed for Effortless Indoor-Outdoor Living Villa Oliva is a newly built contemporary residence located in the prized Montecito Union School District and a short walk or bike ride to Butterfly Beach and the shops and restaurants of Coast Village Road. Offering architectural precision, unrivaled craftsmanship, and structural integrity unachievable through restoration, this pristine home sits on an expansive parcel framed by 90-year-old olive trees, citrus groves, lavender borders, and a fenced vegetable garden. Designed specifically for Montecito's signature indoor-outdoor lifestyle, the home features artisanal limestone masonry, wide-plank oak flooring, bespoke millwork and soaring floor-to-ceiling glass walls that dissolve the boundary between indoors and out. Designed for effortless entertaining on any scale as well as quiet daily comfort, the primary living spaces on the main level flow with remarkable architectural ease. At the center of daily life is a custom kitchen anchored by leathered marble countertops, floor-to-ceiling internally illuminated cabinetry and fully appointed with SubZero refrigeration, and a Wolf oversized dual-fuel range, multiple dishwashers, and a discreetly hidden secondary prep kitchen. Just beyond, the dining area features a temperature-controlled glass wine wall while nearby floor-to-ceiling glass doors open to a secluded, landscaped interior courtyard--creating an intimate setting for gatherings around the fire pit or watching TV beneath the stars. The great room serves as a central gathering hub, with its soaring 12' ceilings, wood-burning fireplace, dedicated wet bar and dramatic floor-to-ceiling glass panels that open to reveal an expansive wraparound limestone terrace complete with an outdoor lounge, alfresco dining space, and built-in grill station. The main floor balances grand scale with quiet sanctuary, offering two generously scaled guest suites with en-suite baths. A light-filled flex room with its own private full bathroom opens directly onto the rear patio--ideal as an home office, creative studio, or wellness suite. Completing the main level is an oversized media room featuring a ceiling-mounted projection system and surround sound for an elevated private cinema experience. Ascend via elevator or staircase to the upper level where a third en-suite bedroom awaits with a private terrace overlooking the pool and olive canopy. Crowning the top floor is the peaceful primary suite with its own private terrace overlooking the lush rear grounds and a custom boutique-style closet. The spa-inspired bathroom is enveloped in floor-to-ceiling marble and features a deep soaking tub, frameless glass shower, dual vanities and premium fixtures that rival the world's finest luxury resorts. Outdoor living unfolds into multiple private open-air spaces across every level of the home. At the heart of the grounds, a shimmering, oversized pool is flanked by a limestone patio, outdoor shower, and a sprawling green lawn. Set against the home's leafy backdrop, this poolside venue serves as a natural outdoor living room perfect for long, sun-soaked afternoons that transition effortlessly into evening cocktail hours. Because Villa Oliva was built from the ground up, advanced Control4 smart-home technology is seamlessly integrated throughout, allowing for effortless control of lighting, climate, security, and premium whole-home audio from anywhere in the world. There is also a solar panel array that provides supplemental electricity to the home. Built for effortless hosting on any scale, the residence features a spacious 6+ car garage with storage as well as a long motor court which allows for parking of 10 or more additional guest vehicles. In a community known for historic estates, the newly constructed Villa Oliva is one of Montecito's rarest offerings--a timeless residence that establishes an entirely new benchmark for modern, luxury living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth A Slifirski 02082960 201-230-9428,

    Village Properties - 1

    Bought with:

    Lisa Foley, 01995513

    Berkshire Hathaway HomeServices California Properties

    Source: SBMLS,MLS#: 26-2847MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Electric, ENERGY STAR Qualified Equipment, Forced Air, Zoned
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: ENERGY STAR Qualified Appliances, Wine Refrigerator, Free-Standing Ice Maker, Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Rev Osmosis, Washer, Water Softener Owned
    • Laundry: In Unit
    Features
    • Low Flow Plumbing Fixtures, Walk-In Closet(s), Double Vanity, Bidet, Rain Shower, Recessed Lighting, Smart Home, Smart Thermostat
    • Flooring: Stone, Tile
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 5,592
    • Total interior livable area: 5,592 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Garage, Epoxy Finished Floor, Storage, Electric Vehicle Charging Station(s)
    • Garage spaces: 6
    • Uncovered spaces: 10
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Tri-Level
    • Patio & porch: Patio, Deck, Wrap Around, Rear Porch, Front Porch, Covered
    • Exterior features: Lawn, Fruit Trees, Yard Irrigation T/O, Yard Irrigation PRT
    • Has private pool: Yes
    • Pool features: Pool Pump, Outdoor Pool, Electric Cover, Pool Cover, Gas Heat
    • Has spa: Yes
    • Spa features: Hot Tub
    • Fencing: Full
    • Has view: Yes
    • View description: Mountain(s), Setting, Trees/Woods
    Lot
    • Size: 0.73 Acres
    • Features: Level, Corner Lot, Near Public Transit
    • Topography: Level
    Details
    • Parcel number: 009130015
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom Built,Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stone, Stucco
    • Foundation: Raised
    • Roof: Flat
    Condition
    • Excellent
    • Year built: 2026

    Utilities & green energy

    • Electric: Net Meter
    • Sewer: Sewer Hookup
    • Water: Meter In, Mont Wtr
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Subdivision: 10 - Hedgerow
    Location
    • Region: Santa Barbara

    Financial & listing details

    • Price per square foot: $2,012/sqft
    • Tax assessed value: $2,889,593
    • Date on market: 8/25/2026
    • Cumulative days on market: 11 days
    • Listing terms: Conventional,Cash
    • Exclusions: Other

    Price history

    DateEventPrice
    9/24/2026Sold$11,250,000-3.8%$2,012/sqft
    Source: SBMLS #26-2847 Report a problem
    9/8/2026Pending sale$11,695,000$2,091/sqft
    Source: SBMLS #26-2847 Report a problem
    8/25/2026Listed for sale$11,695,000+377.3%$2,091/sqft
    Source: SBMLS #26-2847 Report a problem
    9/30/2024Listing removed$2,450,000$438/sqft
    Source: SBMLS #24-1967 Report a problem
    6/16/2024Listed for sale$2,450,000+6.5%$438/sqft
    Source: SBMLS #24-1967 Report a problem
    3/25/2022Sold$2,300,000+9.5%$411/sqft
    Source: SBMLS #22-711 Report a problem
    3/18/2022Pending sale$2,100,000$376/sqft
    Source: SBMLS #22-711 Report a problem
    3/8/2022Listed for sale$2,100,000$376/sqft
    Source: SBMLS #22-711 Report a problem
    3/8/2022Pending sale$2,100,000+86.7%$376/sqft
    Source: SBMLS #22-711 Report a problem
    2/9/2001Sold$1,125,000$201/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,889,593 +18.4%
    2025$25,272 +1.9%$2,440,778 +2%
    2024$24,804 +3.9%$2,392,920 +4%
    2023$23,865 -0.3%$2,300,000 +131.4%
    2022$23,948 +256.5%$993,948 +56.9%
    2021$6,718 +1%$633,397 +1%
    2020$6,652 +5.4%$626,903 +2%
    2019$6,312 +349.8%$614,611 +342%
    2018$1,403 -92%$139,045 -91.1%
    2017$17,453 +3.2%$1,554,232 +2%
    2016$16,915 +4%$1,523,758 +1.5%
    2015$16,261 $1,500,871 +2%
    2014$16,261 $1,471,472 +2.5%
    2012-- $1,436,102 +2%
    2011-- $1,407,945 +0.8%
    2010-- $1,397,423 -0.2%
    2009-- $1,400,744 +2%
    2008-- $1,373,279 +2%
    2007-- $1,346,353 +2%
    2006-- $1,319,955 +2%
    2005-- $1,294,074 +3.9%
    2003-- $1,245,450 +3.1%
    2002-- $1,207,500 +119.1%
    2001-- $551,242 +2%
    2000-- $540,434
    Find assessor info on the county website

    Neighborhood: 93108

    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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    $11,441,900
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    $11.7M
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $11,441,900
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    +$228K
    With Zillow Showcase(estimated)
    $11.7M