247 Olive Mill Road Unit Parcel 18, Santa Barbara, CA 93108

$2,642,500
5
BD
3
BA
2,882
SqFt
Sold Price
$2,642,500
List Price
$2,635,000
Status
CLOSED
MLS#
20-1917
Closing Date
Aug 05, 2020
Property Type
Home/Estate
Bedrooms
5
Bathrooms
3
Living Area
2,882
Region
MONTECITO
Year Built
1890

Property 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 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.

Additional Information

Elementary School
Mont Union
Middle School
S.B. Jr.
High School
S.B. Sr.
Acres
1
Amenities
Guest Quarters
Appliances
Gas Range, Dishwasher, Double Oven
Condition
Fair
Construction
Two
Exterior
Wood Shingles
Fireplaces
Family Room, Dining Room, Other, 2+
Foundation
Mixed
Laundry
Laundry Room
Living Area
2,882
Region
MONTECITO
Roof
Tile
Sewer
Sewer Hookup
Style
Cal Cottage
Unit
Parcel 18
Units
1
View
Setting, Green Belt, Wooded
Zoning
E-1

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Calculator source: Real Geeks

Listing courtesy of Compass. Selling Office: .