1 Olive Mill Lane, MONTECITO

MONTECITO Home For Rent

Offered furnished, long-term. Nestled on a serene 0.53-acre lot along a quiet lane in Lower Montecito, this Mediterranean-style estate offers the perfect blend of luxury, comfort, and resort-style living. Spanning 3,038 square feet, the home features 5 spacious ensuite bedrooms and 5.5 bathrooms, including two luxurious primary suites—one upstairs and one downstairs—each outfitted with Cal King beds. The remaining three bedrooms each offer queen beds and private baths, ensuring comfort and privacy for family and guests alike. Timeless architectural charm defines the interiors, with a classic tile roof, vaulted beamed ceilings, rich wood flooring, and a light-filled living room that opens to a lush, park-like garden. The elegant dining room includes a wet bar, while the expansive family room with fireplace flows seamlessly into an open-concept kitchen-ideal for both everyday living and entertaining. Outside, the beautifully landscaped grounds create a private retreat, complete with a sparkling pool, outdoor TV lounge, basketball area, multiple patios and decks, and a variety of fruit trees. A 2-car carport and additional parking for four vehicles offer ample convenience. Located just moments from Montecito's charming shops, cafes, and world-renowned beaches, this exceptional estate presents a rare opportunity to lease a walkable and highly sought-after property in one of Santa Barbara's most desirable neighborhoods. MUS school attendance area!

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
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Additional Information

  • City:
    MONTECITO
  • Zip:
    93108
  • MLS® #:
    25-1736
  • Bedrooms:
    5
  • Bathrooms:
    5
  • Square Ft:
    3,038
  • Neighborhood:
    10 - MONTECITO

Price Change History for 1 Olive Mill Lane, MONTECITO, CA (MLS® #25-1736)

Date Details Price Change
Price Increased $50,000 $20,000 (66.67%)
Price Reduced (from $35,000) $30,000 $5,000 (14.29%)
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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 Beach Cities Real Estate are marked with the "MLS" logo and detailed information about them includes the name of the listing brokers.

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Listing information last updated on July 9th, 2025 at 3:44pm PDT.