Located on one acre in the sought-after Golden Quadrangle, El Molino (The Mill) at 200 Olive Mill Road is one of the oldest historic homes in Montecito. Originally founded as an olive-crushing mill to produce olive oil, olive oil soap, and olive oil candy (known for its medicinal use), the mill was closed in 1905 and turned into a residential estate. The Mill became an icon in the community and a symbol of commerce so much so that Olive Mill Road was built and named after the estate.
The homestead is around 5,600 square feet, with six bedrooms, six full baths, and three half baths, as well as an attached guest suite with its own entrance.
The breathtaking stone work on the first level serves as both exterior and interior design elements. The spacious living room features large picture windows and opens to the formal dining room, showcasing a dramatic fireplace made to warm and dazzle. The large family room has French doors that open to patios on both sides, creating a seamless transition from indoors to outdoors—the better to enjoy the temperate Montecito weather.
The chic tone of this estate continues in the newly remodeled kitchen, with Viking appliances, quartz countertops, ample in-kitchen seating, and butler’s pantry. Also downstairs is an en-suite bedroom.
On the second level is the spacious primary suite, finished with a fireplace, soaking tub, walk-in closet, and fantastic natural light. Additionally, you’ll find three spacious guest suites upstairs and the laundry room. The third-floor loft boasts open space with a wet bar, countertop, and full bath ready to use for casual living, office space, workout space—your imagination is the limit!
On the north side of the home are the stairs to guest quarters equipped with a living room, kitchenette, bedroom, and full bath.
Conveniently located near Montecito’s Upper and Lower Villages, this piece of history is ready for new ownership to love and cherish it.
200 Olive Mill Road is being offered for $8.5 million. The full listing is here, and to experience the property in person, contact Maureen McDermut & Associates (805-570-5545, [email protected]) or Maureen “Mo” Martinez (805-708-9773, [email protected]).
················
Sponsored by Maureen McDermut & Associates (DRE# 01175027) and Maureen “Mo” Martinez (DRE 02146272) of Sotheby’s International Realty.
Recent Comments
Your exact quote: "We have owned our home for 4 years and our monthly costs have not changed so why would that be any different… — Bettye Jones
Evening with Malcolm Gladwell is hosted by Kara Swisher, which makes me doubly excited. Thanks for sharing the County petition. Maybe there’s more to the… — Andy
I couldn’t agree more. That space has natural beauty and requires restraint—no adornment needed. It was perfect before—like a little European hideaway right in our… — Anne
I would love to see everyone's housing bills that show their costs have skyrocketed that would result in landlords having to increase rent every year… — Paul
Seriously! I had to FIGHT for a refund after the wonderful SBCounty Tax Assessor rec’d my check that was dated and postmarked well before due… — Christine!
Unless you are living off grid 100%, not paying for any maintenance, not paying property tax or insurance, your costs of homeownership HAVE increased in… — Bettye Jones
Thanks for reply — Christine!
To be in the loop about future tours, go to https://www.bellosguardo.org/visit, click on “become a supporter,” and fill out the form. — Erik Torkells
This is racist and weird to say, not to mention demonstrably untrue. — Maggie
Good luck finding people to work at boutiques and restaurants that charge $100/meal with your racist, classist plan! — Meri