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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
•61d 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 158.9% above the median closed sale of $4,200,000. Price per sqft ($3,012) is a 93% premium to closed comps ($1,564). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $10.88M· $3,012/sqft
Total list price
Closed comps
vs closed median $4.20M
+$6.67M (+158.9%)
Active comps
vs active median $4.50M
+$6.38M (+141.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,305
+$2K (+130.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1401 La Cima RoadSanta Barbara1978543,32424,829$978$3.25M1271
605 San Ysidro RoadSanta Barbara1920543,40545,738$1,997$6.80M971
1060 Tremonto RoadSanta Barbara1937443,06038,333$650$1.99M25870
625 Parra Grande LaneSanta Barbara1959432,97844,431$1,509$4.50M4767
4585 Vieja DriveSanta Barbara1974443,59465,340$1,390$5.00M3960
Total: 5 · Average4.43.83,272.243,734.2$1,304.8$4.31M73
Median3,324$4.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1163 Camino Viejo RoadSanta Barbara197308/28/2026432,75638,333$4.70M$4.14M$1,5020.887069
1042 Via Los PadresSanta Barbara199108/25/2026343,58747,916$3.95M$4.20M$1,1711.062167
315 Calle EleganteSanta Barbara198809/01/2026332,98730,492$4.55M$4.21M$1,4110.9333265
2076 China Flat RoadSanta Barbara198106/26/2026354,06243,560$11.85M$10.70M$2,6340.907765
1303 Las Alturas RoadSanta Barbara197110/02/2026323,01443,996$3.00M$3.33M$1,1041.113463
Total: 5 · Average3.23.43,281.240,859.4$5.32M$5.32M$1,564.4—106.8
Median3,014$4.20M$4.20M

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.