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.
Single-familyProperty Type
2026Year Built
0.73 acresLot Size
$2,012Price/Sq.Ft.
6 garage spacesParking
Listed by Elizabeth Slifirski•DRE #02082960• Village Properties - 1
Bought with Lisa Foley•DRE #01995513• Berkshire Hathaway HomeServices California Properties
Est. $7,905 per month, based on comparable rentals
Sale and tax history for 285 Olive Mill Rd
Sale History
Tax History
Date
Event
Price
SBMLS #26-2847
Sep 24, 2026
Sold
$11,250,000
$2,012/sq ft
Sep 7, 2026
Pending
—
Aug 25, 2026
Listed
$11,695,000
$2,091/sq ft
SBMLS #24-1967
Nov 1, 2024
Listing Removed
—
Jun 15, 2024
Listed
$2,450,000
$438/sq ft
SBMLS #22-711
Mar 25, 2022
Sold
$2,300,000
$411/sq ft
Mar 18, 2022
Pending
—
Mar 8, 2022
Listed
$2,100,000
$376/sq ft
+20
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.
SBMLS #00-2991
Feb 9, 2001
Sold
$1,125,000
$201/sq ft
Jan 26, 2001
Listing Removed
—
Jun 12, 2000
Listed
$1,195,000
$214/sq ft
SBMLS #00-1621
Nov 7, 2000
Listing Removed
—
Jun 12, 2000
Listed
$1,395,000
$249/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$25,272 (+1.9%)
$2,489,593 + $400,000
$2,889,593
2024
$24,804 (+3.9%)
$2,440,778
2023
$23,865 (+128.3%)
$2,392,920
2022
$10,456 (+55.6%)
$2,300,000
2021
$6,718 (+1.0%)
$993,948
2020
$6,652 (+5.4%)
$633,397
2019
$6,312 (+349.8%)
$626,903
2018
$1,403 (−92.0%)
$614,611
2017
$17,453 (+3.2%)
$908,841 + $645,391
$1,554,232
2016
$16,914 (+2.4%)
$908,841 + $645,391
$1,554,232
2015
$16,511 (+1.5%)
$891,021 + $632,737
$1,523,758
2014
$16,261 (+0.4%)
$860,447 + $611,025
$1,471,472
2013
$16,195 (+2.5%)
$860,447 + $611,025
$1,471,472
2012
$15,795 (+1.9%)
$856,559 + $608,264
$1,464,823
2011
$15,503 (+1.8%)
$839,764 + $596,338
$1,436,102
2009
$15,232 (+3.1%)
$817,146 + $580,277
$1,397,423
2008
$14,767
$803,028 + $570,251
$1,373,279
Public record
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.73 Acres
Year renovated
1970
Sq. Ft.
2,236
Year built
1952
Style
Single Family Residential
County
Santa Barbara County
APN
009130015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
Property details
Parking
Parking Information
# of Garage Spaces: 6
Parking Features: Electric Vehicle Charging Station(s)
Exterior Features: Hot Tub, Lawn, Fruit Trees, Yard Irrigation T/O, Yard Irrigation PRT
Walls Insulated
ICAT Recessed Lighting
Construction Materials: Stucco
Roof: Flat
Property Information
Architectural Style: Custom Built, Contemporary
Property Sub Type: Home/Estate
PoolFeatures: ENERGY STAR Qualified pool pump
Property Condition: Excellent
Accessibility Features: Accessible Elevator Installed
Levels: Tri-Level
Lot Information
View: Mountain(s), Setting, Wooded
Lot Features: Level, Corner Lot, Near Public Transit
Zoning: R-1
Utilities
Heating & Cooling
Cooling Available: Yes
Cooling: Ceiling Fan(s), Central Air
Heating Available: Yes
Heating: Electric, ENERGY STAR Qualified Equipment, Forced Air, Zoned
Utilities Information
Solar PV Seller Owned
Water Source: Meter In, Mont Wtr
Sewer: Sewer Hookup
Utilities: Underground Utilities
Location
Multi-Unit Information
Pets Allowed: Yes
School Information
Elementary School: Mont Union
Middle Or Junior School: S.B. Jr.
High School: S.B. Sr.
Location Information
Cross Street: Hot Springs
Directions: Located at the corner of Hot Springs and Olive Mill Road.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,236
Stories: 1.0
Lot Size: 0.73 acres
Style: Single Family Residential
Year Built: 1952
Year Renovated: 1970
County: Santa Barbara County
APN: 009130015
Home facts updated by county records on Oct 5, 2026
Around this home
Schools
Montecito Union School
Public K-6 • Assigned • 0.6mi
10/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 86° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
13 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Santa Barbara, CA • 93108
Average low and high temperatures (°F)
67
50
67
52
68
54
67
53
68
56
69
59
74
61
74
62
74
64
72
58
67
53
67
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Santa Barbara. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$11.28M – $13.65M
Reach more buyers when you sell with Redfin. Plus, you'll save $118,682 in fees.