NOT LISTED FOR SALE

180 Olive Mill Rd Montecito, CA 93108

Estimated Value: $4,208,675 - $4,728,000

3 Beds
3.5 Baths
2,098 Sq Ft
$2,165/Sq Ft Est. Value

Last Sold January 24, 2025

Last sale price $4,672,700 $2,227 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $26,190/month

70 Days on Market

Highlights

  • Property is near an ocean
  • View of Trees or Woods
  • Cathedral Ceiling
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Wood Flooring

About This Home

As of January 2025

This Montecito cottage evokes the style and charm of the iconic Biltmore Hotel bungalows, a short walk away. In a verdant garden setting, mature landscaping provides a calming sanctuary. The interior flows to a casual patio dining area, perfect for fireside entertaining under a majestic oak. Olive and fruit trees add to the Mediterranean aura. Hidden behind private gates and walls, this 3 bedroom, 3 bath hideaway provides a historic sensibility with contemporary conveniences. Adjacent to Montecito's trail system which provides for convenient strolls to Butterfly Beach, Coast Village Rd., Miramar Beach and Hotel, and Montecito Union School.

Last Listed By

Jeremy Crail

Jeremy Crail License #01293527 Listed on: 10/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,112

Year Built

  • Built in 1953

Lot Details

  • 0.37 Acre Lot
  • Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in good condition

Home Design

  • Cottage
  • Raised Foundation
  • Stucco

Interior Spaces

  • 2,098 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Home Gym
  • Wood Flooring
  • Views of Woods

Kitchen

  • Built-In Gas Oven
  • Gas Range
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • Dryer
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Smart Thermostat

Parking

  • Garage
  • Driveway

Outdoor Features

  • Property is near an ocean
  • Covered patio or porch
  • Fireplace in Patio
  • Built-In Barbecue

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 009-181-003
  • Seller Concessions Offered
  • Seller Will Consider Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,112

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1953
  • Reso Interior Features: Smart Thermostat
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1953
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.37
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 2098.0
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Permeable Driveway2: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included ENERGY STAR Qualified Dryer: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Rooms:Den: Yes
  • Fireplace(s) Patio3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Built-In Gas Oven, Dishwasher, Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Patio
  • Appliances Included:ENERGY STAR Qualified Refrigerator: Yes
  • Interior Features:Smart Thermostat: Yes
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • View: Setting, Wooded
  • Construction Type: Stucco
  • Acres: 0.37
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, Lawn, Fruit Trees, Wooded, Yard Irrigation T/O, Fenced: ALL, Permeable Driveway
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 009-181-003
  • Zoning: R-1
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Jan 7, 2025
Sold by
Crail Family Trust and Crail Charles S
Bought by
Art Iv B 1 Trust and Lauren A Jackson Ua P Jackson Rev Trust
Seller's Agent
Jeremy Crail
Jeremy Crail
Buyer's Agent
Janice Laney
Keller Williams Realty Montecito
List Price
$4,875,000
Sold Price
$4,672,700
Premium/Discount to List
-$202,300
-4.15%
Total Days on Market
70
Views
116
Current Estimated Value
$4,541,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$131,281
Avg. Annual Appreciation
-10.77%

Purchase Details

Closed on
May 22, 2024
Sold by
Crail Family Trust and Crail Charles S
Bought by
Crail Family Trust and Crail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,700,000
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 15, 2015
Sold by
Crail Charles S and Crail Tawny Barbara
Bought by
Crail Family Trust and Crail Tawny Barbara

Purchase Details

Closed on
Oct 20, 2005
Sold by
Crail Charles and Crail Tawny
Bought by
Crail Charles and Crail Tawny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.91%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 23, 2004
Sold by
Crail Charles S and Crail Tawny B
Bought by
Crail Charles S and Crail Tawny B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 15, 1997
Sold by
Barry Cooney
Bought by
Crail Charles S and Crail Tawny B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,617
Interest Rate
6.91%

Purchase Details

Closed on
Jan 24, 1997
Sold by
Cooney Kimberly Deforest
Bought by
Cooney Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,617
Interest Rate
6.91%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Art Iv B 1 Trust $4,673,000 Fidelity National Title Compan
Crail Family Trust -- Wfg National Title
Crail Family Trust -- Wfg National Title
Crail Family Trust -- None Available
Crail Charles S -- None Available
Crail Charles -- Fidelity National Title Co
Crail Charles S -- Fidelity National Title Co
Crail Charles S -- --
Cooney Barry -- Equity Title Company
Cooney Barry $449,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crail Family Trust $4,700,000
Previous Owner Crail Charles $299,000
Previous Owner Crail Charles $1,600,000
Previous Owner Crail Charles $1,500,000
Previous Owner Crail Tawny $175,000
Previous Owner Crail Charles S $200,000
Previous Owner Crail Charles S $1,000,000
Previous Owner Crail Charles S $800,000
Previous Owner Crail Charles S $650,000
Previous Owner Crail Charles S $44,617
Previous Owner Cooney Barry $395,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $4,672,700 -4.1% $2,227 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $4,875,000 -- $2,324 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $10,112 $809,240 $469,627 $339,613
2022 $9,822 $793,373 $460,419 $332,954
2021 $9,645 $777,818 $451,392 $326,426
2020 $9,560 $769,843 $446,764 $323,079
2019 $9,335 $754,749 $438,004 $316,745
2018 $7,768 $602,907 $322,058 $280,849
2017 $8,951 $725,457 $420,997 $304,460
2016 $8,670 $711,234 $412,743 $298,491
2015 $8,303 $700,552 $406,544 $294,008
2014 $8,185 $686,830 $398,581 $288,249
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jeremy Crail

    Jeremy Crail

    3 in this area

    3 Total Sales

    Jeremy Crail
    Section Image
  • Janice Laney

    Buyer's Agent in 2025

    Janice Laney

    Keller Williams Realty Montecito

    (805) 705-6474

    11 in this area

    40 Total Sales

    Janice Laney
    Section Image
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Map

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Source: Santa Barbara Multiple Listing Service

MLS Number: 24-3264

Santa Barbara Multiple Listing Service

APN: 009-181-003

California Santa Barbara County Montecito 93108

180 Olive Mill Rd, Montecito, CA

Homes for Sale in Montecito, CA

This home is located at 180 Olive Mill Rd, Montecito, CA 93108 since 02 October 2024 and is currently estimated at $4,541,419, approximately $2,164 per square foot. This property was built in 1953. 180 Olive Mill Rd is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

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