Rarely, if ever, does a flat 1.26 acre lot this close a walk to Coast Village Road become available, on which to build your Estate. Ideally situated just a short stroll from Coast Village Road, Rosewood Miramar Hotel, and the beach, this exceptional parcel offers the perfect blend of privacy, convenience, and lifestyle.
Set in the heart of Montecito's coveted Lower Village area, the property provides an ideal canvas for creating a custom residence or compound. Enjoy effortless access to renowned restaurants, boutique shopping, and the vibrant coastal atmosphere that defines Montecito living.
This property offers endless possibilities just moments from the sand and the best of the Lower & Upper Village. Lower Village.
Active
$4,450,000
275 Olive Mill Rd, Santa Barbara, CA 93108
--beds
0baths
1.26Acres
Unimproved Land
Built in ----
1.26 Acres Lot
$4,426,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 4 days |
- 308 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: March 06, 2026 at 12:25pm
Listed by:
Michael J Calcagno 01499736 805-896-0876,
Berkshire Hathaway HomeServices California Properties,
Calcagno & Hamilton Group 01499736 / 01129919 805-565-4000,
Berkshire Hathaway HomeServices California Properties
Source: SBMLS,MLS#: 26-716
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: Mountain(s), Panoramic
Lot
- Size: 1.26 Acres
- Features: Level, Near Public Transit
- Topography: Level
Details
- Parcel number: 009130027
- Zoning: E-1
Utilities & green energy
- Water: Mont Wtr
Community & HOA
Community
- Subdivision: 10 - Hedgerow
Location
- Region: Santa Barbara
Financial & listing details
- Tax assessed value: $3,183,624
- Annual tax amount: $33,013
- Date on market: 3/6/2026
- Cumulative days on market: 5 days
- Listing terms: Conventional,Cash
Estimated market value
$4,426,400
$4.21M - $4.65M
$4,469/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $4,450,000+48.3% |
Source:  SBMLS #26-716 Report a problem | ||
| 4/26/2022 | Sold | $3,000,000+3.4% |
Source: SBMLS #22-712 Report a problem | ||
| 3/9/2022 | Pending sale | $2,900,000 |
Source: SBMLS #22-712 Report a problem | ||
| 3/8/2022 | Listed for sale | $2,900,000-12.1% |
Source: SBMLS #22-712 Report a problem | ||
| 10/7/2011 | Sold | $3,300,000-13.2% |
Source: Public Record Report a problem | ||
| 9/9/2011 | Price change | $3,800,000-4.4% |
Source: Sotheby's International Realty - #10-122 Report a problem | ||
| 4/15/2011 | Price change | $3,975,000-7.6% |
Source: Sotheby's International Realty - #10-122 Report a problem | ||
| 1/16/2011 | Listed for sale | $4,300,000 |
Source: NRT #10-122 Report a problem | ||
| 10/27/2010 | Listing removed | $4,300,000 |
Source: NRT #10-122 Report a problem | ||
| 9/19/2010 | Listed for sale | $4,300,000-6.5% |
Source: NRT #10-122 Report a problem | ||
| 7/27/2010 | Listing removed | $4,600,000 |
Source: NRT #10-122 Report a problem | ||
| 7/24/2010 | Listed for sale | $4,600,000 |
Source: NRT #10-122 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $33,013 +1.9% | $3,183,624 +2% |
| 2024 | $32,403 +9.4% | $3,121,200 +9.5% |
| 2023 | $29,631 +64.2% | $2,850,000 +66.1% |
| 2022 | $18,048 +55.6% | $1,716,231 +56.9% |
| 2021 | $11,599 +0.9% | $1,093,675 +1% |
| 2020 | $11,500 +4.3% | $1,082,461 +2% |
| 2019 | $11,022 +332.1% | $1,061,237 +342% |
| 2018 | $2,551 -93.4% | $240,097 -93.3% |
| 2017 | $38,423 +3.1% | $3,571,458 +2% |
| 2016 | $37,257 +3.4% | $3,501,430 +1.5% |
| 2015 | $36,017 | $3,448,837 +2% |
| 2014 | $36,017 | $3,381,280 +2.5% |
| 2012 | -- | $3,300,000 +15.2% |
| 2011 | -- | $2,864,468 +0.8% |
| 2010 | -- | $2,843,061 -0.2% |
| 2009 | -- | $2,849,816 +2% |
| 2008 | -- | $2,793,938 +2% |
| 2007 | -- | $2,739,156 +2% |
| 2006 | -- | $2,685,448 +2% |
| 2005 | -- | $2,632,793 +3.9% |
| 2003 | -- | $2,533,863 +149.5% |
| 2002 | -- | $1,015,552 +13.1% |
| 2001 | -- | $897,600 +2.7% |
| 2000 | -- | $873,713 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 93108
Nearby schools
GreatSchools rating
- 10/10Montecito Union SchoolGrades: K-6Distance: 0.6 mi
- NASanta Barbara Unified Early ChildhoodGrades: Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Mont Union
- Middle: S.B. Jr.
- High: S.B. Sr.
Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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