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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
Listing Office: Berkshire Hathaway HomeServices California Properties
Last Updated: November - 25 - 2021
505 E Los Olivos Street, SANTA BARBARA, CA 93105- MLS# 20-3491
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.

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