Skip to content

505 E Los Olivos Street, SANTA BARBARA, CA 93105 (MLS# 20-3491)

505 E Los Olivos Street, SANTA BARBARA, CA 93105

$7,500,000
Property Type: Res Bedrooms: 21 Baths: 17 Square Footage: 11,570 Lot Size (sq. ft.): 214,751 Status: Closed
Current Price: $7,500,000 List Date: 9/03/2020 Last Modified: 9/13/2024

Overview

Description

Never before publicly for sale, with a history going back to the founding of the next-door Santa Barbara Mission, here is a remarkable opportunity to acquire a truly historic and unique property in an unparalleled location. The compound features 2 large estate homes built in the 1880's and 1910's by the famous Hazard industrialist family, on nearly 5 bucolic acres of grounds, plus a beautiful chapel. Used continuously as a spiritual retreat since 1952, this property is zoned residential with land-use planning background available for interested parties. Consider either to continue as small-scale non-profit retreat use (with conditions), or as an incredible residential compound. There is nothing like this, a truly once-in-a-lifetime opportunity!

Listing Details MLS# 20-3491

Location Info

District
15 - SB/EAST OF STATE
Street #
505
Dir
E
Street Name
Los Olivos
Street Suffix
Street
State
CA
Country
US
Postal Code
93105
Compass Map
Santa Barbara
Map Grid
N11
County
Santa Barbara
Parcel Nbr
025-150-009
Cross Street
Alameda Padre Serra

Contract Info

Price
9950000
Buyers Agent $/%
2.5
Affordable Housing
No
Begin Date
2020-09-03

Status Information

Sold Date
2021-11-24
Under Contract Date
2021-08-18

Property Information

TYP
Home/Estate
Total Bedrooms
21
Total Bathrooms
17
Total Full Baths
14
Total Half Baths
3
Year Built
1885
Source
Other/See Remarks
Main House SqFt
11570
Apx # Acres
4.93
ADU
No
Within City Limits Y/N
Yes
Total # Units in Development
2
Recurring Fees
No

NeighborhoodSchools

Neighborhood
15 - Upper Eastside

Remarks

COVID Showing Remarks
Prior to entering property, all visitors shall receive CAR form BPPP and CAR form PRE. All visitors shall sign CAR form PEAD-V and send via email to listing agent prior to arriving at property. All visitors shall wear face coverings.
Directions
Next to the Santa Barbara Mission, entrance sign says Mount Calvary Monastery.
Hot Sheet Comment
price

More Information

Owner Info

Deposit
3

Property Features

Condition: Good; Average Style: Tudor; Craftsman Construction: Two Story Foundation: Raised Other Buildings: Other View: Ocean; Mountain(s); Setting Heating: Forced Air Zoning: E-1 Terms: Cash; Conventional Pub Listing Details: None Contingent Remarks: HOME INSPECTN
IDX
Listing Office: Berkshire Hathaway HomeServices California Properties
Last Updated: September - 13 - 2024
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.