505 E Los Olivos Street, SANTA BARBARA, CA 93105
$9,950,000
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:
11/25/2021
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!
More Information MLS# 20-3491
Location Info
District: 15 - SB/EAST OF STATE
Street #: 505
Dir: E
Street Name: Los Olivos
Street Suffix: Street
State/Province: CA
Postal Code: 93105
Compass Map: Santa Barbara
Map Grid: N11
County: Santa Barbara
Parcel Number: 025-150-009
Cross Street: Alameda Padre Serra
Contract Info
Current Price: $7,500,000
Price: 9950000
Buyers Agent $/%: 2.5
Affordable Housing: No
Begin Date: 2020-09-03
Status: Closed
Status Information
Sold Date: 2021-11-24
Sold Price: $7,500,000
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: Yes
Total #Units: 2
Recurring Fees: No
Neighborhood/Schools
Neighborhood: 15 - Upper Eastside
Elementary School: Roosevelt
Junior High School: S.B. Jr.
High School: S.B. Sr.
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
Geo Lat: 34.439769
Geo Lon: -119.713698
Owner Info
Deposit: 3
Parking/Garage
Total # Carport Spaces: 2
Total # Uncovered Spaces: 18
Property Features
Condition: Good; Average
Style: Tudor; Craftsman
Construction: Two Story
Foundation: Raised
Grounds/Landscaping: Lawn; Wooded
Other Buildings: Other
View: Ocean; Mountain(s); Setting
Location/Topo: Level; Rolly; Combo
Heating: Forced Air
Water/Sewer: S.B. Wtr; Sewer Hookup
Zoning: E-1
Terms: Cash; Ctnl
Pub Listing Details: None
Contingent Remarks: HOME INSPECTN
Documents
Listing Office: Berkshire Hathaway HomeServices California Properties
Last Updated: November - 25 - 2021
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