145 Olive Mill Ln Santa Barbara, CA 93108
3
Beds
3.5
Baths
2,427
Sq Ft
0.34
Acres
Highlights
- Mountain View
- Cathedral Ceiling
- Lawn
- Santa Barbara Senior High School Rated A-
- Spanish Architecture
- No HOA
About This Home
As of February 2025Designed by renowned architect Jeff Shelton, this 3-bedroom, 3.5-bathroom masterpiece beautifully merges artistic innovation with functional living. Ideally situated near Montecito's Lower Village, the home is centered around a tranquil courtyard, with numerous French doors enhancing the effortless indoor-outdoor flow. Soaring ceilings and exceptional craftsmanship define the inviting interiors. At the heart of the home is a striking Saltillo tile stairway, featuring Shelton's iconic metal banister, adding a bold, artistic touch. The primary suite, complete with an attached office, offers a peaceful retreat with lovely garden views. The lush, thoughtfully landscaped gardens by Isa Bird surround the home, creating a perfect backdrop for relaxation and entertainment. With a bocce ball court, built-in BBQ, and outdoor fireplace, the property is designed for gathering and enjoyment. Additional features include a 2-car garage and approved plans for an ADU, all within Montecito's short-term rental zone, making this an exceptional opportunity for both personal use and income generation.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #00968247
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01415235
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $59,434
Year Built
- Built in 2009
Lot Details
- 0.34 Acre Lot
- Lawn
Parking
- Attached Garage
Home Design
- Spanish Architecture
- Raised Foundation
- Tile Roof
- Stucco
Interior Spaces
- 2,427 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Fireplace
- Mountain Views
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Fireplace in Patio
- Built-In Barbecue
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 009-170-018
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Bocce Ball Court
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $5,905,268 | -9.1% | $2,433 / Sq Ft |
| 01/14/2025 01/14/25 | Pending | -- | -- | -- |
| 10/29/2024 10/29/24 | For Sale | $6,495,000 | +17.0% | $2,676 / Sq Ft |
| 09/30/2022 09/30/22 | Sold | $5,550,000 | 0.0% | $2,287 / Sq Ft |
| 09/30/2022 09/30/22 | Off Market | $5,550,000 | -- | -- |
| 09/15/2022 09/15/22 | Pending | -- | -- | -- |
| 08/19/2022 08/19/22 | For Sale | $5,550,000 | +46.1% | $2,287 / Sq Ft |
| 04/20/2021 04/20/21 | Sold | $3,799,000 | +0.4% | $1,565 / Sq Ft |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- |
| 04/20/2021 04/20/21 | For Sale | $3,785,000 | +14.9% | $1,560 / Sq Ft |
| 12/17/2015 12/17/15 | Sold | $3,295,000 | 0.0% | $1,358 / Sq Ft |
| 10/29/2015 10/29/15 | Pending | -- | -- | -- |
| 10/27/2015 10/27/15 | For Sale | $3,295,000 | -- | $1,358 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $59,434 | $5,500,000 | $2,200,000 | $3,300,000 |
| 2022 | $41,652 | $3,874,980 | $1,785,000 | $2,089,980 |
| 2021 | $38,781 | $3,603,562 | $1,640,468 | $1,963,094 |
| 2020 | $38,407 | $3,566,613 | $1,623,648 | $1,942,965 |
| 2019 | $37,619 | $3,496,680 | $1,591,812 | $1,904,868 |
| 2018 | $36,911 | $3,428,118 | $1,560,600 | $1,867,518 |
| 2017 | $36,210 | $3,360,900 | $1,530,000 | $1,830,900 |
| 2016 | $35,109 | $3,295,000 | $1,500,000 | $1,795,000 |
| 2015 | $26,857 | $2,510,000 | $1,309,000 | $1,201,000 |
| 2014 | $25,720 | $2,391,000 | $1,247,000 | $1,144,000 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $501,000 | Credit Line Revolving | |
| Previous Owner | $3,250,000 | New Conventional | |
| Previous Owner | $2,141,750 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,905,500 | Chicago Title Company | |
| Deed | -- | Chicago Title Company | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $5,550,000 | Fidelity National Title | |
| Grant Deed | $3,799,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $3,295,000 | Chicago Title Company | |
| Grant Deed | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Homes in Santa Barbara, CA
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3570
APN: 009-170-018
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