204 Olive Mill Road Montecito, CA $ 11,750,000
204 Olive Mill Road
$ 11,750,000
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204 Olive Mill Road

Montecito, CA, 93108
$ 11,750,000
Bedrooms5 Baths5.1 Sq 4,998

Monthly Estimate*

$ 74,191

Listed by Compass
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Single Family Home for sale in Montecito, CA

for $11,750,000 with 5 bedrooms and 5 full baths, 1 half bath. This 4,998 square foot home was built in 2026 on a lot size of 1.1019.

Welcome to Casa Pasiva! A newly constructed 5,000 square foot residence set on approximately one acre in Montecito, bringing together striking modern architecture and one of the world's most rigorous building science standards. The result is a home that feels every bit as luxurious as it is remarkably comfortable. The moment you step outside, the setting announces itself. The main living space and 4 bedrooms (including primary) are on the main level. A 650 square foot floating deck extends from the living room through expansive NanaWall glass doors, creating a seamless connection to the resort-style pool and beautifully landscaped grounds. Just beyond, nearly an acre of privacy unfolds, all within an easy walk of Butterfly Beach, Coast Village Road'srestaurants, boutiques and cafs. Above it all, a spectacular 1,500 square foot rooftop terrace with a covered outdoor kitchen creates an unforgettable setting for entertaining guests with ocean and mountain views.Conceptually designed by acclaimed Santa Barbara architect Jeff Shelton, the home reveals a more restrained expression of his work. Clean lines, generous expanses of glass and carefully balanced proportions allow the surrounding landscape to become part of the architecture itself. Forested views, abundant natural light and glimpses of the ocean are framed like works of art, blurring the boundary between indoors and out.Behind its elegant simplicity lies an extraordinary level of engineering. Base Architecture and Design developed the home's Passive House detailing, following the exacting standards established by Phius (Passive House Institute US), North America's leading passive building certification. A continuous, highly insulated building envelope minimizes thermal bridging, while an exceptionally airtight shell works in concert with a Zehnder whole-house fresh air system that continuously delivers filtered outdoor air, recovers heat and moisture, and quietly maintains exceptional indoor comfort. High-performance glazing manages solar heat gain, and carefully engineered moisture control protects the structure for decades to come. Throughout the home, an integrated air quality monitoring system continuously tracks temperature, humidity, VOCs, radon and airborne particulates, providing real-time insight into the environment inside. The result is a home that remains exceptionally quiet, healthy and energy efficient in every season.The outdoor spaces are equally well considered. A 50-foot pool and spa sit just steps from the home and are managed by an advanced Hayward automation system with remote monitoring, automatic water leveling and a discreet electric pool cover. Sonos audio extends throughout the pool and garden areas, while an eco-conscious three-zone irrigation system minimizes water use without compromising the beauty of the landscape.The home's technology is equally impressive. An 8.8kW solar array offsets much of the home's energy demand, with infrastructure already in place for future battery storage. Three EV charging stations, a Samsung HVAC system, Lutron Casta lighting controls, enterprise-grade Ubiquiti WiFi, dedicated low-voltage networking, comprehensive security system, and a private elevator are seamlessly integrated into daily living. In the kitchen, Sub-Zero and Wolf appliances complete a space designed for both serious cooking and effortless entertaining.Casa Pasiva represents a rare convergence of architecture, sustainability and technology. Beautifully designed, meticulously engineered and thoughtfully executed, it offers a level of comfort, efficiency and performance seldom found in luxury residential construction. Combined with its exceptional Montecito location and walkability to Butterfly Beach and Coast Village Road, it stands as one of the area's most compelling new residences.

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Single Family Active

Price

$ 11,750,000

Bedrooms

5

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

1.1019

Year Built

2026

Town/City

Montecito

County/Region

Santa Barbara

MLS | Web ID

26929881

Days on Market

21

Features
General
Living Area 4998
Possession Close Of Escrow
Appliances Double Oven Dishwasher Gas Cooktop Disposal Gas Range Refrigerator Dryer Washer
Zoning R-1
Garage Spaces 2
Pool Features In Ground Lap Pool Cover
Year Built 2026
View Mountain(s) Ocean
Levels Three Or More
Property Subtype Single Family Residence
County Santa Barbara
New Construction false
Property Type Residential
HOA false
Garage Y/N true
Full Baths 5
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions 101 N exit Olive Mill Rd Turn right on Olive Mill Road
City Montecito
Senior Community Y/N false
Open Parking Spaces 8
MLS Area MCTO - Montecito
Lot Size Units Square Feet
Lot Size Square Feet 48000
Spa Features In Ground
Property Attached Y/N false
Lease Considered Y/N false
Virtual Tour https://youtu.be/76EK356xH90
Standard Status Active
Occupancy Type Owner
Year Built Source Builder
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Breakfast Bar Separate/Formal Dining Room Walk-In Closet(s)
Flooring Tile Wood
Furnished Y/N Unfurnished
Fireplace Features Living Room
Total Stories 3
Common Walls No Common Walls
Fireplace Y/N true
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Room
Total Bedrooms 5
Total Baths 6
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Exterior
Parking Features Door-Multi Garage Guest
Total Parking 10
Lot Size Area 48000
Spa true
Building Area Total 4998
Lot Size Acres 1.1019
Lot Size Source Other
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* Excluded Features
List By
Compass

Broker

patrice@patriceserrani.com

Email

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$74,191
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$74,191
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$11,750,000 Listed Price

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204 Olive Mill Road, Montecito, CA, 93108 is a Single Family Home for sale at $11,750,000 with 4,998 sqft and a lot size of 1.1019. 204 Olive Mill Road has 5 bedrooms, 5.1 baths, and was built in 2026. The property's zip code is 93108 which is in Montecito, CA