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247 Olive Mill Road, Parcel 18, SANTA BARBARA, CA 93108

$2,642,500
Property Type: Res Bedrooms: 5 Baths: 3 Square Footage: 2,882 Lot Size (sq. ft.): 43,560 Status: Closed
Current Price: $2,642,500 List Date: 5/28/2020 Last Modified: 8/05/2020

Description

This is a Trust Sale. Please read Showing & Offer Guidelines - see photo 23. Tucked away in the Lower Village of Montecito on two parcels that total 2.5 acres, this classic Montecito property plays host to a pair of historic homes. Offered at $2,635,000 is Parcel #18 on 1 ac. Passing beneath the property's ivy arch is like stepping back in time, revealing a turn-of-the-century charmer sprinkled with period details from a bygone era. Constructed in 1890 and equipped with good bones, the apprx 2,882-square foot main house is ripe for a restoration. Architecturally sound and well-maintained through the decades, the coastal cottage offers a flexible floorplan and endless natural light. Evoking the quaint charm of a storybook illustration, the home's timeless shingled façade is bordered

Supplements: in lush landscaping and dotted with mature oak trees. A flowing form topped with a wide, low roof, this dwelling offers a pared back interior furnished in woods and custom built-ins. Across the threshold, a spacious great room serves as the heart of the home, appointed with a slate fireplace, tray ceilings, and multiple French doors. At one end of the house, a dining room with ornate fireplace is joined by a kitchen, mudroom, flexible office/den, and bedroom with ensuite bath. Beyond the living room lies an airy gallery that flows into a sunlit 2-bedroom wing with Jack-and-Jill bathroom in between. Upstairs, a guest quarters with separate exterior entrance offers a bright bedroom and bathroom perfect for hosting in-laws or a live-in nanny. Offering supreme seclusion and abundant sunshine, this storied Montecito property is poised for a 21st century revitalization. Delivering quintessential coastal living in one of Santa Barbara's most coveted zip codes, this picturesque fixer-upper on 1 acre lies minutes from Butterfly Beach and a short distance from Coast Village Road's vibrant art galleries, eateries, tasting rooms and clothing boutiques.

More Information MLS# 20-1917

Location Info

District: 10 - MONTECITO Street #: 247 Street Name: Olive Mill Street Suffix: Road Unit/Space #: Parcel 18 State/Province: CA Postal Code: 93108 Compass Map: Santa Barbara Map Grid: S12 County: Santa Barbara Parcel Number: 009-130-018 Cross Street: Hot Springs

Contract Info

Current Price: $2,642,500 Price: 2635000 Buyers Agent $/%: 2.5 Affordable Housing: No Begin Date: 2020-05-28 Status: Closed

Status Information

Sold Date: 2020-08-05 Sold Price: $2,642,500 Under Contract Date: 2020-06-16

Property Information

TYP: Home/Estate Total Bedrooms: 5 Total Bathrooms: 3 Total Full Baths: 3 Year Built: 1890 Total SqFt.: 2882 Source: Public Records Apx # Acres: 1 ADU: No Within City Limits: No Total #Units: 1 Recurring Fees: No

Neighborhood/Schools

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

Remarks

Directions: Get on US-101. Follow US-101 and take exit 94A for Olive Mill Rd. Turn Right onto Olive Mill Rd. Property will be to the left. Hot Sheet Comment: new Geo Lat: 34.427035 Geo Lon: -119.641074

Owner Info

Deposit: 3

Property Features

Condition: Fair Style: Cal. Cottage Construction: Two Story Roof: Tile Foundation: Mixed Exterior: Wood Shingles Parking/Garage: Gar #1; Cpt #2 Grounds/Landscaping: Patio Open; Lawn; Fruit Trees; Wooded; Yard Irrigation PRT; Fenced: PRT View: Setting; Green Belt; Wooded Location/Topo: Level Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping Rooms: Den; Ground Floor Bedroom; Ground Floor Primary; Office Dining: Breakfast Area; Formal Laundry: Laundry Room Amenities: Guest Quarters Appliances Included: Dishwasher; Double Oven; Gas Range Fireplace(s): 2+; Dining Room; Family Room; Other Flr/Wdw Coverings: Hardwood; Tile; Vinyl/Linoleum Heating: Floor Furnace; Floor Furnace; Gravity; Wall; Other Water/Sewer: Mont Wtr; Sewer Hookup Zoning: E-1 Reports Available: Prelim Terms: Cash; Ctnl Pub Listing Details: Estate Sale Contingent Remarks: HOME INSPECTN; REPORTS

Room Information

Bedroom 2 Primary Bedroom Kitchen Dining Room Office Living Room Guest House Bedroom 1
Listing Office: Compass
Last Updated: August - 05 - 2020
247 Olive Mill Road, Parcel 18, SANTA BARBARA, CA 93108- MLS# 20-1917
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