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$1,180,000
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Property Description
3 HOMES 1 LOT ENDLESS INCOME!Incredible opportunity: Three fully permitted units on a 9,147 sq ft / 0.21-acre lot--live in one and rent the other two, or rent all three for major cash flow, Main Home: 5 Bed 2 Bath 1,900 sq ft, Attached ADU: 2 Bed 1 Bath 502 sq ft (New), Detached ADU: 3 Bed 2 Bath 749 sq ft (New)Upgrades: New backyard concrete New acrylic stucco on all units New carpet, in the main home. All permits includedPerfect for investors or multi-family living.
Full Property Details
Full Property Details for 1981 Olive Dr
General
- Sold For: $1,180,000
- Status: Closed
- Type: Single Family
- Source: NorthernSantaBarbara
- MLS ID: 26000480
- Added to Site: 120 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 10
Location
- Area: 16 - SM Southeast
- County: Santa Barbara
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Structural Information
- Description/Design: None
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 3,145
- Sq. Ft. Source: Tax Records
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147
- Lot Size Source: Tax Records
Green Features
- Energy Features: None
Financial Considerations
- Price Per Sq. Ft.: $375
- Terms: Submit
Disclosures and Reports
- Documents Avail.: None
- APN: 128-081-003
Listed and Sold by New World Realty, Margie Oregon
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Schools
Schools serving 1981 Olive Dr
School Districts:Santa Maria-Bonita Elementary School District, Santa Maria Joint Union High School District
| Name | Grades | Distance |
|---|---|---|
Bill Libbon Elementary 750 Meehan Street, Santa Maria, CA 93454 | K-6 | 0.5 mi |
Arellanes Junior High School 1890 Sandalwood Drive, Santa Maria, CA 93455 | 7-8 | 3.6 mi |
Ernest Righetti High School 941 East Foster Road, Santa Maria, CA 93455 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1981 Olive Dr
Date
Details
Price
Change
Source
6/03/2026
Sold
$1,180,000
—
MLS
4/09/2026
Price Reduced
$1,180,000
-1.58%
MLS
3/30/2026
Price Reduced
$1,199,000
-7.76%
MLS
3/14/2026
Listed
$1,299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1981 Olive Drive, Santa Maria, CA 93454 (MLS# 26000480) is a Single Family property that was sold at $1,180,000 on June 03, 2026. Want to learn more about 1981 Olive Drive? Do you have questions about finding other Single Family real estate for sale in Santa Maria? You can browse all Santa Maria real estate or contact a Coldwell Banker agent to request more information.

