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610 Olive Road, Santa Barbara, CA 93108

$10.88M5bd · 4ba · 3,611 sqft
Lot 35,719 sqft•Single Family Residence•
Active
•80d on market•MLS# 00-26872737

Property Description

A wonderful sense of discovery defines this enchanting Montecito property, where the residence is surrounded by magnificent gardens, mature trees, tranquil water features, and inviting outdoor living areas. Situated on approximately .82 acres, the setting recalls the charm and romance of San Ysidro Ranch while feeling distinctly its own. The three-bedroom, three-bath main residence is warm and inviting, with vaulted ceilings, rich wood floors, detailed millwork, and French doors opening directly to terraces and greenery. The beautifully designed kitchen opens to the adjoining living and dining areas, creating an easy flow throughout the home.Stone terraces and pathways meander through lush plantings to a reflective pond, sweeping lawn, pool and spa, and intimate areas for dining and entertaining. Majestic oaks provide a beautiful natural backdrop, while two outdoor kitchens and numerous gathering areas create a lifestyle centered around the beauty of the grounds. Tucked within the landscape, the separate two-bedroom, one-bath guest house has a character all its own, enhanced by herringbone floors, marble finishes, and a generous living area. A detached studio provides additional versatility for an office, creative pursuits, or private retreat. Moments from Birnam Wood Golf Club, the Upper Village, and Butterfly Beach, this captivating property celebrates one of the most appealing aspects of Montecito living - a home where architecture, gardens, and outdoor living come together in a wonderfully natural way.

Features & Amenities

FeeBuilt 1964

Property Details

Land Type
Fee
Year Built
1964
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Forced Air
City
Santa Barbara
Zip Code
93108
County
Santa Barbara
Listed byBerkshire Hathaway HomeServices California Properties, Cristal Clarke

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$54,989.92
Principal & Interest
Loan Amount
$8,700,000
Total Interest
$11,096,370
Total Payment Over 30 Years
$19,796,370
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

610 Olive Road, Santa Barbara, CA 93108

Santa Barbara · Single Family Residence

$10.88M
Luxury Tier
Beds
5
Baths
4
Sqft
3,611
Lot
35,719 sqft
Year
1964
$/Sqft
$3012
Pool: Yes✓
Spa: Yes✓

Listed 5.0% below the median closed sale of $11,450,000. Price per sqft ($3,012) is a 32% premium to closed comps ($2,274). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $10.88M· $3,012/sqft
Total list price
Closed comps
vs closed median $11.45M
−$575K (−5.0%)
Active comps
vs active median $10.75M
+$125K (+1.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,450
+$562 (+22.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
663 Lilac DriveSanta Barbara1940594,38888,862$2,393$10.50M11858
320 Ortega Ridge RoadSanta Barbara1999344,112121,097$2,614$10.75M11454
11 Hunt DriveSummerland1992344,157219,107$2,885$11.99M3152
204 Olive Mill RoadMontecito2026564,99848,000$2,351$11.75M6151
549 HOT SPRINGS RoadSanta Barbara1925774,97543,560$2,009$9.99M16448
Total: 5 · Average4.66.04,526104,125.2$2,450.4$11.00M97.6
Median4,388$10.75M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2076 China Flat RoadSanta Barbara198106/26/2026354,06243,560$11.85M$10.70M$2,6340.907870
965 Park LaneSanta Barbara198907/20/2026444,051224,770$10.70M$10.66M$2,6331.002856
1574 Green LaneMontecito192605/12/2026775,55656,628$11.25M$11.45M$2,0611.022944
1623 Posilipo LaneSanta Barbara193211/07/20253308,276$12.50M$11.95M$00.967643
1465 Mountain DriveSanta Barbara199407/09/2026577,07162,291$12.90M$12.50M$1,7680.974936
Total: 5 · Average4.45.25,18579,105$11.45M$11.45M$2,274—52
Median5,556$11.45M$11.45M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.