610 Olive Road, MONTECITO, CA 93108, MONTECITO, 93108 - 5 bed, 4 bath
610 Olive Road
MONTECITO, CA 93108
Property Price
SUMMARY
Analysis of 610 Olive Road, MONTECITO, CA 93108 is currently available with a list price of $11,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the MONTECITO Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While originally built in 1964, the property has been extensively reimagined with high-end, bespoke renovations within the last 5 years. The interiors feature premium materials such as quartz and alabaster in the chef's kitchen, marble finishes in the bathrooms, and elegant herringbone flooring. All visible components, including the vaulted ceilings, recessed lighting, and French doors, meet current luxury standards. The exterior is equally pristine, featuring two modern outdoor kitchens and a high-end pool area with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35719, living area = 2636.
- Prime Montecito Location
Ideally situated near Birnam Wood Golf Club, the Upper Village, and Butterfly Beach, offering proximity to the area's most exclusive amenities.
- Multi-Structure Versatility
The property features a main residence, a two-bedroom guest house, and a detached studio, providing exceptional flexibility for guests, staff, or creative workspaces.
CONSRISKS & DEFICIENCIES
- High Price per Square Foot
With a list price of $11.5M for 2,636 square feet, the property commands a premium price point that may challenge appraisal values compared to larger estates.
- Limited Main House Scale
The main residence offers only three bedrooms, which may feel undersized for buyers seeking a grander primary living space at this luxury price tier.
- Vintage Infrastructure
Originally built in 1964, the property may have underlying structural or utility components that require more maintenance than a contemporary new build.
About 610 Olive Road
Behind private gates, this exquisite Montecito estate evokes the quiet sophistication of San Ysidro Ranch. Reimagined with bespoke detail and timeless elegance, the property offers effortless indoor-outdoor living across .82 acres of manicured gardens. The main residence features three bedrooms and three baths, with sunlit interiors, vaulted ceilings, and French doors that open to serene terraces. A chef's kitchen of quartz and alabaster opens to the inviting living and dining areas, with the option to close the space for added privacy when desired. The guest house features two bedrooms and one bath, highlighted by elegant herringbone floors, marble finishes, and a spacious living area designed for comfort and style. A detached studio offers a serene environment for creative pursuits or a private workspace. The grounds are a true centerpiece, lush and captivating with a reflective pond, sweeping lawn, majestic oaks, and a pool and spa flanked by two outdoor kitchens, perfect for entertaining. Moments from Birnam Wood Golf Club, the Upper Village, and Butterfly Beach, this private haven captures the essence of Montecito; graceful, understated, and beautifully composed.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 35,719.199 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 65% |
| Baths | 4.0 | 5.0 | 50% |
| Square foot | 2,636 | 3,681 | 30% |
| Lot Size | 35,719.199 | 43,560 | 38% |
| Price | $11.50M | $5.49M | 85% |
| Price per sq ft | $4.4K | $1.6K | 96% |
| Built year | 1964 | 1973 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 128 | 237 | 14% |
Pricing History
Listed for Sale
Oct 30, 2025
$11,500,000
Initial Listing