NOT LISTED FOR SALE

285 Olive Mill Rd Santa Barbara, CA 93108

Estimated Value: $2,486,807 - $8,034,000

0.72 Acre
$5,636,392 Price per Acre
31,363 Sq Ft Lot

Sale Details

Date Sold: March 25, 2022

Last sale price $2,300,000 $1,029 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $23,976 / mo

10 Days on Market

Highlights

  • Property is near an ocean
  • Mountain View
  • Level Lot
  • Santa Barbara Senior High School Rated A-
  • Property is near park, public transit, schools, shops, and bus stop

About This Lot

As of March 2022

Phenomenal lot in incredible location with Butterly Beach, Coast Village Road and Upper Village all on your doorstep.
A rare opportunity to build your dream home on 0.72 acres on one of the closest buildable lots to Coast Village Road.
Take a right from the gate and its a straight shot to the beach, or take a left, and find yourself on one of
Montecito's best hiking trails, all just minutes away whether you are walking, cycling or taking the car.
Opportunity Knocks !

Adjacent lot located at 275 Olive Mill Road, APN# 091-130-027 is also available for purchase at $2,900,000.

Last Agent to Sell the Property

Ron Brand

Compass License #01466064 Listed on: 03/08/2022

Compass

Co-Listed By

Arthur Kalayjian

Compass License #01908920

Last Buyer's Agent

Elizabeth Slifirski

Village Properties - 1 License #02082960

Property Details

Property Type

  • Land

Lot Details

  • 31,363 Sq Ft Lot
  • Level Lot
  • Property is zoned E-1

Schools

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

Additional Features

  • Mountain Views
  • Property is near park, public transit, schools, shops, and bus stop

Listing and Financial Details

  • Assessor Parcel Number 091-300-015

Community Details

Overview

  • 10 Hedgerow Subdivision

Recreation

  • Property is near an ocean

Property Details

Property Type

Land

Lot Details

0.72 Acres

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level, Near Public Transit
  • Co List Office Mls Id: COMPCA
  • Co List Office Phone: 805-253-7700
  • Subdivision Name: 10 - Hedgerow
  • Property Information Apx # Acres: 0.72
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Util At Site: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s)
  • Acres: 0.72
  • Topography: Level

Utilities

  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 091-300-015
  • Zoning: E-1
  • Lot Size Sq Ft: 31363.2

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
Apr 25, 2025
Sold by
Bought by
Current Estimated Value
$4,049,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
0.0665%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 17, 2022
Sold by
Bought by
Seller's Agent
Ron Brand
Compass
Buyer's Agent
Elizabeth Slifirski
Village Properties - 1
List Price
$2,100,000
Sold Price
$2,300,000
Premium/Discount to List
$200,000
9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.12%
Original Mortgage
$1,495,000
Interest Rate
0.0442%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 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
$480,000
Interest Rate
0.0639%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 2005
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
$900,000
Interest Rate
0.01%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 23, 2005
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
$350,000
Interest Rate
0.056%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 14, 2004
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
$1,000,000
Interest Rate
0.0335%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2004
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
$750,000
Interest Rate
0.0525%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
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
$750,000
Interest Rate
0.0525%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2003
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
$100,000
Interest Rate
0.0577%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 16, 2003
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
$100,000
Interest Rate
0.0577%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 19, 2002
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
$1,000,000
Interest Rate
0.0577%

Purchase Details

Closed on
Jul 17, 2001
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
$155,000
Interest Rate
0.0721%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 8, 2001
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
$843,750
Interest Rate
0.0708%

Purchase Details

Closed on
Jan 17, 2001
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
$843,750
Interest Rate
0.0708%

Purchase Details

Closed on
Mar 11, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 1993
Sold by
Bought by
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Wfg National Title
-- Wfg National Title
$2,300,000 Chicago Title
-- First American Title Company
-- Accommodation
-- None Available
-- None Available
-- First American Title Company
-- --
-- First American Title Company
-- --
-- First American Title Company
-- --
-- --
-- First American Title Company
-- First American Title Co
-- First American Title Co
-- First American Title
-- First American Title
-- First American Title
-- First American Title
-- --
$1,125,000 Equity Title Company
-- First American Title Ins Co
-- First American Title Ins Co
-- Fidelity National Title
-- --
-- First American Title Ins Co
-- Fidelity National Title
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
Closed $3,500,000
Closed $1,495,000
Closed $438,000
Closed $480,000
Closed $900,000
Closed $350,000
Closed $1,000,000
Closed $750,000
Closed $100,000
Closed $589,000
Closed $1,000,000
Closed $155,000
Closed $843,750
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
03/25/2022 03/25/22 Sold $2,300,000 +9.5% $1,029 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $2,100,000 -- $939 / Sq Ft
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 $25,272 $2,889,593 $2,489,593 $400,000
2025 $24,804 $2,440,778 $2,440,778 --
2023 $24,804 $2,300,000 $2,300,000 --
2022 $10,456 $993,948 $993,948 $0
2021 $6,718 $633,397 $633,397 $0
2020 $6,652 $626,903 $626,903 $0
2019 $6,312 $614,611 $614,611 $0
2018 $1,403 $139,045 $139,045 $0
2017 $17,453 $1,554,232 $908,841 $645,391
2016 $16,915 $1,523,758 $891,021 $632,737
2015 $16,511 $1,500,871 $877,638 $623,233
2014 -- $1,471,472 $860,447 $611,025
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ron Brand

    Compass

    (805) 455-5045

    14 Total Sales

    Ron Brand
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Arthur Kalayjian

    Compass

    (805) 455-1379

    13 Total Sales

    Arthur Kalayjian
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-711

Santa Barbara Multiple Listing Service

APN: 009-130-015

California Santa Barbara County Santa Barbara 93108

285 Olive Mill Rd, Santa Barbara, CA

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