$11,695,000

Estimated payment $66,323/month

Total Views 635
4 Beds
5.5 Baths
5,592 Sq Ft
$2,091 Price per Sq Ft

Highlights

  • Popular Property
  • Spa
  • Solar Power System
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Custom Home

About This Home

Introducing Villa Oliva: A Rare Expression of Montecito Luxury

Newly Built and Designed for Effortless Indoor-Outdoor Living

Villa Oliva is a newly built contemporary residence located in the prized Montecito Union School District and a short walk or bike ride to Butterfly Beach and the shops and restaurants of Coast Village Road. Offering architectural precision, unrivaled craftsmanship, and structural integrity unachievable through restoration, this pristine home sits on an expansive parcel framed by 90-year-old olive trees, citrus groves, lavender borders, and a fenced vegetable garden.

Designed specifically for Montecito's signature indoor-outdoor lifestyle, the home features artisanal limestone masonry, wide-plank oak flooring, bespoke millwork and soaring floor-to-ceiling glass walls that dissolve the boundary between indoors and out.

Designed for effortless entertaining on any scale as well as quiet daily comfort, the primary living spaces on the main level flow with remarkable architectural ease. At the center of daily life is a custom kitchen anchored by leathered marble countertops, floor-to-ceiling internally illuminated cabinetry and fully appointed with SubZero refrigeration, and a Wolf oversized dual-fuel range, multiple dishwashers, and a discreetly hidden secondary prep kitchen.

Just beyond, the dining area features a temperature-controlled glass wine wall while nearby floor-to-ceiling glass doors open to a secluded, landscaped interior courtyard--creating an intimate setting for gatherings around the fire pit or watching TV beneath the stars.

The great room serves as a central gathering hub, with its soaring 12' ceilings, wood-burning fireplace, dedicated wet bar and dramatic floor-to-ceiling glass panels that open to reveal an expansive wraparound limestone terrace complete with an outdoor lounge, alfresco dining space, and built-in grill station.

The main floor balances grand scale with quiet sanctuary, offering two generously scaled guest suites with en-suite baths. A light-filled flex room with its own private full bathroom opens directly onto the rear patio--ideal as an home office, creative studio, or wellness suite. Completing the main level is an oversized media room featuring a ceiling-mounted projection system and surround sound for an elevated private cinema experience.

Ascend via elevator or staircase to the upper level where a third en-suite bedroom awaits with a private terrace overlooking the pool and olive canopy. Crowning the top floor is the peaceful primary suite with its own private terrace overlooking the lush rear grounds and a custom boutique-style closet. The spa-inspired bathroom is enveloped in floor-to-ceiling marble and features a deep soaking tub, frameless glass shower, dual vanities and premium fixtures that rival the world's finest luxury resorts.

Outdoor living unfolds into multiple private open-air spaces across every level of the home. At the heart of the grounds, a shimmering, oversized pool is flanked by a limestone patio, outdoor shower, and a sprawling green lawn. Set against the home's leafy backdrop, this poolside venue serves as a natural outdoor living room perfect for long, sun-soaked afternoons that transition effortlessly into evening cocktail hours.

Because Villa Oliva was built from the ground up, advanced Control4 smart-home technology is seamlessly integrated throughout, allowing for effortless control of lighting, climate, security, and premium whole-home audio from anywhere in the world. There is also a solar panel array that provides supplemental electricity to the home.

Built for effortless hosting on any scale, the residence features a spacious 6+ car garage with storage as well as a long motor court which allows for parking of 10 or more additional guest vehicles.

In a community known for historic estates, the newly constructed Villa Oliva is one of Montecito's rarest offerings--a timeless residence that establishes an entirely new benchmark for modern, luxury living.

Listing Agent

Elizabeth Slifirski

Village Properties - 1 License #02082960 Listed on: 08/25/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2026

Lot Details

  • 31,798 Sq Ft Lot
  • Property is Fully Fenced
  • Mature Landscaping
  • Corner Lot
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • 6 Car Garage
  • 10 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Parking Storage or Cabinetry
  • Epoxy

Property Views

  • Woods
  • Mountain

Home Design

  • Custom Home
  • Contemporary Architecture
  • Tri-Level Property
  • Flat Roof Shape
  • Raised Foundation
  • Stone Exterior Construction
  • ICAT Recessed Lighting
  • Stucco

Interior Spaces

  • 5,592 Sq Ft Home
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Sub-Zero Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Wolf Appliances
  • ENERGY STAR Qualified Appliances
  • Disposal
  • Reverse Osmosis System

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bidet
  • Low Flow Plumbing Fixtures
  • Soaking Tub
  • Rain Shower Head

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Video Cameras
  • Smart Home
  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Insulation
  • ENERGY STAR Qualified Equipment
  • Solar Power System
  • Solar owned by seller

Pool

  • Spa
  • Heated Pool
  • Electric Pool Cover
  • Pool Cover
  • Pool Pump
  • ENERGY STAR Qualified Pool Pump

Outdoor Features

  • Property is near an ocean
  • Deck
  • Wrap Around Porch
  • Open Patio
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Net Metering or Smart Meter
  • Water Purifier is Owned
  • Water Softener is Owned
  • Sewer Stub Out

Additional Features

  • Accessible Elevator Installed
  • Property is near park, public transit, schools, shops, and bus stop

Community Details

  • 10 Hedgerow Subdivision
  • Restaurant

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 009-130-015
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 2026

Lot Details

0.73 Acres

Parking

6

Listing Details

  • Directions: Located at the corner of Hot Springs and Olive Mill Road.
  • Prop. Type: Residential
  • Year Built: 2026
  • Financial Info Electric: Net Meter
  • Reso Interior Features: Low Flow Plumbing Fixtures, Walk-In Closet(s), Double Vanity, Bidet, Rain Shower, Recessed Lighting, Smart Home, Smart Thermostat
  • ResoPoolFeatures: ENERGY STAR Qualified pool pump, Pool Pump, Outdoor Pool, Electric Cover, Pool Cover, Gas Heat
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Level, Corner Lot, Near Public Transit
  • ResoSecurityFeatures: Security Camera, Smoke Detector(s), Fire Sprinkler System
  • Subdivision Name: 10 - Hedgerow
  • Reso Accessibility Features: Accessible Elevator Installed
  • Architectural Style: Custom Built, Contemporary
  • Reso Flooring: Stone, Tile
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2026
  • Property Information Apx # Acres: 0.73
  • 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 Underground Util: Yes
  • Property Information ADU: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • Security Fire Sprinkler System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • View Wooded3: Yes
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Sound System: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Security Security Camera2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 31798.0
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ParkingGarage Total # Uncovered Spaces: 10.0
  • Laundry In Unit2: Yes
  • ParkingGarage Gar #12: Yes
  • Style Custom Built: Yes
  • Amenities High R-Value Insul: Yes
  • Amenities Solar PV2: Yes
  • Appliances Included Energy Star Applianc: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Electric Solar PV Seller Owned: Yes
  • Pool Features ENERGY STAR Qualified pool pump: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • Amenities Elevator4: Yes
  • Handicapped Access Elevator3: Yes
  • WaterSewer Meter In: Yes
  • Appliances Included Vented Exhaust Fan: Yes
  • Cooling Ceiling Fan(s): Yes
  • ParkingGarage Electric Vehicle Charging Station(s): Yes
  • Appliances Included Water Purifier Owned: Yes
  • Construction Tri-Level2: Yes
  • Construction Materials ICAT Recessed Lighting: Yes
  • Electric Net Meter: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 6.0
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: ENERGY STAR Qualified Appliances, Wine Refrigerator, Free-Standing Ice Maker, Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Other Rooms:Great Room: Yes
  • Other Rooms:Media Room: Yes
  • Appliances Included:Double Oven2: Yes
  • Interior Features:Smart Home: Yes
  • Interior Features:Smart Thermostat: Yes

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Setting, Wooded
  • Construction Type: Stone, Stucco
  • Fencing: Full
  • Acres: 0.73
  • Topography: Level
  • Exclusions: Other
  • Exterior Features: Hot Tub, Lawn, Fruit Trees, Yard Irrigation T/O, Yard Irrigation PRT
  • Foundation Details: Raised
  • Patio And Porch Features: Patio, Deck, Wrap Around, Rear Porch, Front Porch, Covered
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 10.0
  • Parking Features: Garage, Epoxy Finished Floor, Storage, Electric Vehicle Charging Station(s)

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, ENERGY STAR Qualified Equipment, Forced Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Utilities
  • Water Source: Meter In, Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment: Yes
  • Heating:Zoned: Yes

Schools

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

Lot Info

  • Parcel #: 009-130-015
  • Zoning: R-1
  • Lot Size Sq Ft: 31798.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 Prior Sale
08/25/2026 08/25/26 For Sale $11,695,000 +408.5% $2,091 / Sq Ft
03/25/2022 03/25/22 Sold $2,300,000 +9.5% $1,029 / Sq Ft View Prior Sale
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

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 Type Sale Price Title Company
Quit Claim Deed -- Wfg National Title
Quit Claim Deed -- Wfg National Title
Grant Deed $2,300,000 Chicago Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- --
Grant Deed $1,125,000 Equity Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Quit Claim Deed -- First American Title Ins Co
Quit Claim Deed -- 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 Loan Amount Loan Type
Open $3,500,000 New Conventional
Previous Owner $1,495,000 New Conventional
Previous Owner $438,000 New Conventional
Previous Owner $480,000 New Conventional
Previous Owner $900,000 Negative Amortization
Previous Owner $350,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $589,000 No Value Available
Previous Owner $1,000,000 No Value Available
Previous Owner $155,000 Credit Line Revolving
Previous Owner $843,750 No Value Available
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 26-2847

Santa Barbara Multiple Listing Service

APN: 009-130-015

Your Personal Tour Guide

Ask me questions while you tour the home.