NOT LISTED FOR SALE

201 Olive St Summerland, CA 93067

Summerland Area

Estimated Value: $1,293,000 - $1,555,000

5.69 Acres
$246,802 Price per Acre
247,856 Sq Ft Lot

Sale Details

Date Sold: November 25, 2020

Last sale price $972,000

Est. 44% increase in value since last sale

Current estimated payment $8,668 / mo

296 Days on Market

Highlights

  • Property is near an ocean
  • Mountain View
  • Property is near park, schools, and shops
  • 5.69 Acre Lot

About This Lot

As of November 2020

Offering panoramic views of the mountains, this incredibly serene & bucolic approximately 5.69-acre parcel rests in Summerland, a charming community known for its stunning views, laid-back lifestyle, and award-winning elementary school. The property is uniquely a part of a 16-acre nature preserve lined with mature grove trees, providing a rare combination of convenience and tranquility. Previously unavailable in the Montecito Water District, a water meter was obtained in October of 2019, providing service to the approximately 1.17 acre development window and potential home site. Conceptual renderings from noted local architects showcase the endless possibilities that this singular property holds. With convenient access to equestrian trails, proximity to the prestigious Carpinteria Polo Fields and potential for horse facilities, this property is a prime home site for equestrian fans. Located just moments from incredible beaches, restaurants, shopping and hiking trails, this is an outstanding opportunity to build your dream estate.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 11/22/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Maurie McGuire

Sotheby's International Realty License #01061042

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 5.69

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Additional Features

  • Mountain Views
  • 5.69 Acre Lot
  • Property is near park, schools, and shops

Listing and Financial Details

  • Assessor Parcel Number 005-080-021

Community Details

Overview

  • 05 Summerland Subdivision

Recreation

  • Property is near an ocean

Property Details

Property Type

Land

Lot Details

5.69 Acres

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • Subdivision Name: 05 - Summerland
  • Property Information Apx # Acres: 5.69
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • View Setting3: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Setting
  • Acres: 5.69

Utilities

  • Water Source: Mont Wtr

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-080-021
  • Zoning: Other
  • Lot Size Sq Ft: 247856.4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2025
Sold by
Bought by
Current Estimated Value
$1,404,302

Purchase Details

Closed on
Nov 20, 2025
Sold by
Bought by

Purchase Details

Listed on
Nov 22, 2019
Closed on
Oct 22, 2020
Sold by
Bought by
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Maurie McGuire
Sotheby's International Realty
List Price
$1,195,000
Sold Price
$972,000
Premium/Discount to List
-$223,000
-18.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$631,800
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summerland, CA

  • Colleen Beall Real Estate Agent - Compass

    Colleen Beall

    Compass

    (805) 243-1083

    32 Total Sales

    1 in Summerland

    $7,500,000 Price

    Colleen Beall
     Section Image
  • Lisa Scibird Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Lisa Scibird

    Berkshire Hathaway HomeServices California Properties

    (805) 456-1528

    7 Total Sales

    2 in Summerland

    $1.9M - $10.5M Price Range

    Lisa Scibird
     Section Image
  • Joe Wyban Real Estate Agent - Approach Properties Premium Real Estate Services

    Joe Wyban

    Responds Quickly

    Approach Properties Premium Real Estate Services

    (424) 354-8331

    26 Total Sales

    1 in Summerland

    $1,950,000 Price

    Joe Wyban
     Section Image
  • Gary Goldberg Real Estate Agent - Coastal Properties

    Gary Goldberg

    Responds Quickly

    Coastal Properties

    (805) 617-1575

    90 Total Sales

    7 in Summerland

    $1.8M - $10.1M Price Range

    Gary Goldberg
     Section Image
  • Robert Riskin Real Estate Agent - Village Properties

    Robert Riskin

    Village Properties

    (805) 892-6946

    199 Total Sales

    21 in Summerland

    $2.2M - $20.4M Price Range

    Robert Riskin
     Section Image
  • Todd Shea Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Todd Shea

    Berkshire Hathaway HomeServices California Properties

    (805) 973-0497

    33 Total Sales

    1 in Summerland

    $2,040,000 Price

    Todd Shea
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500 None Listed On Document
-- None Listed On Document
$972,000 Chicago Title Company
-- Accommodation
-- None Available
$719,000 Chicago Title Company
-- Equity Title Company Santa B
-- Equity Title Company Santa B
-- Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $631,800
Previous Owner $700,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $972,000 -18.7% --
09/13/2020 09/13/20 Pending -- -- --
11/22/2019 11/22/19 For Sale $1,195,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,209 $1,073,164 $1,073,164
2025 $10,993 $1,052,122 $1,052,122
2023 $10,993 $1,011,268 $1,011,268 $0
2022 $10,626 $991,440 $991,440 $0
2021 $10,407 $972,000 $972,000 $0
2020 $8,664 $805,920 $805,920 $0
2019 $8,498 $790,118 $790,118 $0
2018 $8,367 $774,626 $774,626 $0
2017 $8,226 $759,438 $759,438 $0
2016 $8,087 $744,548 $744,548 $0
2014 $7,529 $780,000 $780,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Cristal Clarke Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Seller's Agent in 2020

    Cristal Clarke

    Berkshire Hathaway HomeServices California Properties

    (805) 451-3474

    198 Total Sales

    Cristal Clarke
    Section Image
  • Maurie McGuire Real Estate Agent - Sotheby's International Realty

    Buyer's Agent in 2020

    Maurie McGuire

    Sotheby's International Realty

    (805) 403-8816

    21 Total Sales

    Maurie McGuire
    Section Image

  • S

    Buyer Co-Listing Agent in 2020

    Scott Westlotorn

    Sotheby's International Realty

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3944

Santa Barbara Multiple Listing Service

APN: 005-080-021

California Santa Barbara County Summerland 93067

201 Olive St, Summerland, CA

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