Skip main navigation
House for rent
  • $50,000/mo

    1 Olive Mill Ln, Santa Barbara, CA 93108

    5beds
    3,038sqft
    Price may not include required fees and charges.
    Singlefamily
    Available now
    -- Pets
    -- A/C
    -- Laundry
    -- Parking
    Fireplace
    Contact manager for more details about this home.

    What's special

    Sparkling poolBasketball areaVariety of fruit treesMediterranean-style estatePrivate retreatOpen-concept kitchenSpacious ensuite bedrooms
    Offered furnished, long-term. Nestled on a serene 0.53-acre lot along a quiet lane in Lower Montecito, this Mediterranean-style estate offers the perfect blend of luxury, comfort, and resort-style living. Spanning 3,038 square feet, the home features 5 spacious ensuite bedrooms and 5.5 bathrooms, including two luxurious primary suites one upstairs and one downstairs each outfitted with Cal King beds. The remaining three bedrooms each offer queen beds and private baths, ensuring comfort and privacy for family and guests alike. Timeless architectural charm defines the interiors, with a classic tile roof, vaulted beamed ceilings, rich wood flooring, and a light-filled living room that opens to a lush, park-like garden. The elegant dining room includes a wet bar, while the expansive family room with fireplace flows seamlessly into an open-concept kitchen-ideal for both everyday living and entertaining. Outside, the beautifully landscaped grounds create a private retreat, complete with a sparkling pool, outdoor TV lounge, basketball area, multiple patios and decks, and a variety of fruit trees. A 2-car carport and additional parking for four vehicles offer ample convenience. Located just moments from Montecito's charming shops, cafes, and world-renowned beaches, this exceptional estate presents a rare opportunity to lease a walkable and highly sought-after property in one of Santa Barbara's most desirable neighborhoods. MUS school attendance area!
    49 days
    on Zillow
    |
    --
    |
    --
    |
    Travel times

    Prepare for your first home with confidence

    Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & 4.15% APY.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Fireplace
    Features
    • Flooring: Hardwood, Tile
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,038 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Architecture Style: Medit, Living Room, Outdoor Pool, Patio Open
    • Has private pool: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: SingleFamily

    Community & HOA

    HOA
    • Amenities included: Pool
    Location
    • Region: Santa Barbara

    Financial & listing details

    • Lease term: Contact For Details

    Price history

    DateEventPrice
    5/28/2025Price change$50,000+66.7%$16/sqft
    Source: SBMLS #25-1736
    5/7/2025Price change$30,000-14.3%$10/sqft
    Source: SBMLS #25-1736
    5/2/2025Listed for rent$35,000$12/sqft
    Source: SBMLS #25-1736

    Neighborhood: 93108