48 Olive Mill Rd, Montecito, CA 93108
Property image
Property image
OFF MARKET

$3,118,100

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 1,843 sqft

48 Olive Mill Rd, Montecito, CA 93108

Est. Refi. Payment $18,902/mo*
Refinance Your Home
Currently Off Market - Sold Feb 26, 2013 for $995,000

Home Value

Trulia Estimate
$3.12M
Since last month
Increased$5K (+0.2%)
Since last year
Increased$403K (+14.8%)
Since last sale
Increased$2M (+214.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +133% in the last 10 years
MonthEstimated value
2026
August 2026$3.13M
August 2026$3.12M
July 2026$3.13M
June 2026$3.11M
May 2026$3.24M
April 2026$3.11M
March 2026$3.12M
February 2026$3.1M
January 2026$3.07M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Condo
$3,900,000
09/09/26
2
2.5
1,868
0.08
Condo
$2,600,000
04/08/26
2
2
1,707
0.13
Condo
$2,875,000
03/27/26
2
2
1,868
0.05
Condo
$2,225,000
07/23/26
2
2
1,112
0.07
Condo
$3,450,000
08/06/26
2
2
2,068
0.12
Condo
$3,425,000
09/01/26
2
2
1,944
0.13
Condo
$3,650,000
09/18/25
2
2
1,724
0.17
Condo
$5,525,000
09/04/26
3
2.5
2,999
0.13
Condo
$3,700,000
09/22/25
2
2
1,724
0.15
Condo
$5,250,000
10/15/25
2
2.5
2,364

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$3,294,600
3
2.5
1,906
Off Market
0.03
$3,452,400
3
3
1,883
Off Market
0.04
$3,698,700
3
2.5
1,843
Off Market
0.06
$2,800,700
3
2.5
1,875
Off Market
0.06
$3,132,900
2
2
1,665
Off Market
0.05
$2,139,000
1
1
806
Recently Sold
0.05
$2,225,000
2
2
1,112
Recently Sold
0.06
$1,785,000
1
1
738
Recently Sold
0.07
$3,046,100
2
2
1,366
Off Market
0.07
$1,915,300
Studio
1
747
Off Market
0.09
$4,592,000
2
2.5
2,017
Off Market

Local Information

  • Map ViewExplore the area around 48 Olive Mill Rd.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 1988
1,843 sqft
$1,692/sqft

About this House

Beautiful south facing town home in the highly desirable Montecito Del Mar. Outstanding location within walking distance to Coast Village Shops and the famous Butterfly Beach. This 3bd/2.5bth unit has been recently remodeled and offers a functional floor plan with plenty of natural light. The large master bedroom boasts a built-in fireplace and balcony!
48 Olive Mill Rd, Montecito, CA 93108 is a 3 bedroom, 3 bathroom, 1,843 sqft condo built in 1988. It last sold for $995,000 on Feb 26, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $3,118,100.

Home Details for 48 Olive Mill Rd

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: Condo

Price and Tax history

DateEventPrice
Feb 26, 2013
Source: N/A
Sold
$995,000
Jan 17, 2013
Source: Agent Provided
Listed For Sale
$995,000
Jan 16, 2011
Source: Agent Provided
ListingRemoved
$595,000
Sep 11, 2010
Source: Agent Provided
Pending
$595,000
Aug 21, 2010
Source: Agent Provided
PriceChange
$595,000
Price decreased by 33%

Market trends in Montecito

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
54
4
MoM

What Locals Say about Montecito

At least 50 Trulia users voted on each feature.
  • 91 % Say car is needed

  • 88 % Say it's dog friendly

  • 81 % Say parking is easy

  • 74 % Say yards are well-kept

  • 72 % Say there's holiday spirit

  • 70 % Say it's quiet

  • 66 % Say they plan to stay for at least 5 years

  • 64 % Say there's wildlife

  • 62 % Say people would walk alone at night

  • 59 % Say there are community events

  • 56 % Say neighbors are friendly

  • 51 % Say it's walkable to restaurants

  • 45 % Say kids play outside

  • 39 % Say it's walkable to grocery stores

  • 18 % Say there are sidewalks

  • 18 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Zasi H.
    "It is a great neighborhood. Really nice houses and close to many trails to go hiking. It is really dark at night "
  • Jorge
    "They would love the fact that thereโ€™s very little traffic and kids can play or ride bikes with no worry of getting hit by a car!! "
  • Jorge C.
    "My.commute takes about 20 minutes to work and for the most part it is not bad, unless there is road work being done, then you have to wait!! "
  • Twallop
    "Tight community, creatives, families, pets, beach friendly, quiet and respectful, friendly but not invasive. "
  • Kateclindsey
    "I came for a wedding and we loved it so much we bought a house here... Lovely town, wonderful people and spectacular weather."
  • Sherylann215
    "A magical place to live, fabulous restaurants, theater, culture, weather. The people that live here love their children, their animals, and their neighbors. I could live anywhere in the world, and I chose Montecito."
  • Architect1284
    "live here - great area - part of upper golden triangle of Montecito - best area to live in"

LGBTQ Local Legal Protections

Frequently asked questions about 48 Olive Mill Rd

  • What is 48 Olive Mill Rd estimated to be worth?
    Trulia's estimated value for 48 Olive Mill Rd in Montecito, CA is $3,118,100.
  • What is the price history for 48 Olive Mill Rd?
    48 Olive Mill Rd in Montecito, CA last sold for $995,000 in February 2013.
  • Is Montecito a buyer's or seller's market?
    Montecito is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Montecito?
    Residents describe Montecito, CA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Montecito, CA.

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Off Market Homes Near 48 Olive Mill Rd

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