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$4,450,000 Just Listed

  • For Sale
  • Active
  • Land Residential
  • 1.26 Acres
  • Updated 4 days ago
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Rarely, if ever, does a flat 1.26 acre lot this close a walk to Coast Village Road become available, on which to build your Estate. Ideally situated just a short stroll from Coast Village Road, Rosewood Miramar Hotel, and the beach, this exceptional parcel offers the perfect blend of privacy, convenience, and lifestyle. Set in the heart of Montecito's coveted Lower Village area, the property provides an ideal canvas for creating a custom residence or compound. Enjoy effortless access to renowned restaurants, boutique shopping, and the vibrant coastal atmosphere that defines Montecito living. This property offers endless possibilities just moments from the sand and the best of the Lower & Upper Village. Lower Village.

Full Property Details for 275 Olive Mill Rd

General

  • Price: $4,450,000
  • Status: Active
  • Type: Land Residential
  • Source: SBAOR
  • MLS ID: 26-716
  • Updated: 3/6/2026
  • Added to Site: 4 day(s) ago

Location

  • Area: 10 - MONTECITO
  • County: Santa Barbara
  • Subdivision: 10 - Hedgerow
  • Cross Streets: Hot Springs

School Information

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

Utilities

  • Water: Mont Wtr

Lot Features

  • Property View: Mountain(s), Panoramic
  • Lot Size (Acres): 1.26
  • Lot Size (Sq. Ft.): 54,885.6
  • Lot Size: 1.26
  • Lot Features: Level, Near Public Transit
  • Zoning: E-1

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Reports: Prelim
  • Property ID: 009-130-027

Listed by Berkshire Hathaway HomeServices California Properties

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Listing agents

— 275 Olive Mill Rd —

  • Berkshire Hathaway HomeServices California Properties

  • Berkshire Hathaway HomeServices California Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 275 Olive Mill Rd

School District:Montecito Union Elementary School District
NameGradesDistance
Montecito Union School
385 San Ysidro Rd., Santa Barbara, CA 93108
K-60.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 275 Olive Mill Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/06/2026
Listed
$4,450,000
48.33%
MLS
3/21/2022
Sold
$3,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 275 Olive Mill Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$33,013
2%
$3,183,624
2%
2024
$32,403
9%
$3,121,200
10%
2023
$29,631
64%
$2,850,000
66%
2022
$18,048
56%
$1,716,231
57%
2021
$11,599
1%
$1,093,675
1%
2020
$11,500
4%
$1,082,461
2%
2019
$11,022
332%
$1,061,237
342%
2018
$2,551
-93%
$240,097
-93%
2017
$38,423
3%
$3,571,458
2%
2016
$37,257
2%
$3,501,430
2%
2015
$36,592
2%
$3,448,837
2%
2014
$36,017
—
$3,381,280
—
2013
$35,865
—
$3,366,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices California Properties

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275 Olive Mill Road, Santa Barbara, CA 93108 (MLS# 26-716) is a Land Residential property with a lot size of 1.26 acres. 275 Olive Mill Road is currently listed for $4,450,000 and was received on March 06, 2026. Want to learn more about 275 Olive Mill Road? Do you have questions about finding other Land Residential real estate for sale in Santa Barbara? You can browse all Santa Barbara real estate or contact a Coldwell Banker agent to request more information.

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