$11,695,000

Introducing Villa Oliva: A Rare Expression of Montecito Luxury Newly Built and Designed for Effortless Indoor-Outdoor Living Villa Oliva is a newly built contemporary residence located in the prized Montecito Union School District and a short walk or bike ride to Butterfly Beach and the shops and restaurants of Coast Village Road.… Read More Offering architectural precision, unrivaled craftsmanship, and structural integrity unachievable through restoration, this pristine home sits on an expansive parcel framed by 90-year-old olive trees, citrus groves, lavender borders, and a fenced vegetable garden. Designed specifically for Montecito's signature indoor-outdoor lifestyle, the home features artisanal limestone masonry, wide-plank oak flooring, bespoke millwork and soaring floor-to-ceiling glass walls that dissolve the boundary between indoors and out. Designed for effortless entertaining on any scale as well as quiet daily comfort, the primary living spaces on the main level flow with remarkable architectural ease. At the center of daily life is a custom kitchen anchored by leathered marble countertops, floor-to-ceiling internally illuminated cabinetry and fully appointed with SubZero refrigeration, and a Wolf oversized dual-fuel range, multiple dishwashers, and a discreetly hidden secondary prep kitchen. Just beyond, the dining area features a temperature-controlled glass wine wall while nearby floor-to-ceiling glass doors open to a secluded, landscaped interior courtyard--creating an intimate setting for gatherings around the fire pit or watching TV beneath the stars. The great room serves as a central gathering hub, with its soaring 12' ceilings, wood-burning fireplace, dedicated wet bar and dramatic floor-to-ceiling glass panels that open to reveal an expansive wraparound limestone terrace complete with an outdoor lounge, alfresco dining space, and built-in grill station. The main floor balances grand scale with quiet sanctuary, offering two generously scaled guest suites with en-suite baths. A light-filled flex room with its own private full bathroom opens directly onto the rear patio--ideal as an home office, creative studio, or wellness suite. Completing the main level is an oversized media room featuring a ceiling-mounted projection system and surround sound for an elevated private cinema experience. Ascend via elevator or staircase to the upper level where a third en-suite bedroom awaits with a private terrace overlooking the pool and olive canopy. Crowning the top floor is the peaceful primary suite with its own private terrace overlooking the lush rear grounds and a custom boutique-style closet. The spa-inspired bathroom is enveloped in floor-to-ceiling marble and features a deep soaking tub, frameless glass shower, dual vanities and premium fixtures that rival the world's finest luxury resorts. Outdoor living unfolds into multiple private open-air spaces across every level of the home. At the heart of the grounds, a shimmering, oversized pool is flanked by a limestone patio, outdoor shower, and a sprawling green lawn. Set against the home's leafy backdrop, this poolside venue serves as a natural outdoor living room perfect for long, sun-soaked afternoons that transition effortlessly into evening cocktail hours. Because Villa Oliva was built from the ground up, advanced Control4 smart-home technology is seamlessly integrated throughout, allowing for effortless control of lighting, climate, security, and premium whole-home audio from anywhere in the world. There is also a solar panel array that provides supplemental electricity to the home. Built for effortless hosting on any scale, the residence features a spacious 6+ car garage with storage as well as a long motor court which allows for parking of 10 or more additional guest vehicles. In a community known for historic estates, the newly constructed Villa Oliva is one of Montecito's rarest offerings--a timeless residence that establishes an entirely new benchmark for modern, luxury living. Read Less

Courtesy of Village Properties - 1.

Listing Snapshot

Days Online

Last Updated

Sep 21, 2026

Property Type

Home/Estate

Beds

Full Baths

Partial Baths

Lot Size

0.73 Acres

Year Built

2026

MLS Number

26-2847

Additional Details

Appliances & Equipment

ENERGY STAR Qualified Appliances, Wine Refrigerator, Free-Standing Ice Maker, Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Rev Osmosis, Washer, Wtr Softener/Owned

Building

Built in 2026, Levels: Tri-Level, Construction Materials: Stone, Stucco

Cooling

Ceiling Fan(s), Central Air

Accessibility Features

Accessible Elevator Installed

Exterior Features

Patio/Porch Features: Patio, Deck, Wrap Around, Rear Porch, Front Porch, Covered, Hot Tub, Lawn, Fruit Trees, Yard Irrigation T/O, Yard Irrigation PRT

Fence

Full

Fireplaces

Living Room

Floors

Stone, Tile

Foundation

Raised

Garage

6 spaces

Heating

Electric, ENERGY STAR Qualified Equipment, Forced Air, Zoned

Interior Features

Low Flow Plumbing Fixtures, Walk-In Closet(s), Double Vanity, Bidet, Rain Shower, Recessed Lighting, Smart Home, Smart Thermostat

Laundry

In Unit

Lot

0.73 acres, Level, Corner Lot, Near Public Transit, Topography: Level

Parking

10 open parking spaces, Garage, Epoxy Finished Floor, Storage, Electric Vehicle Charging Station(s)

Pets Policy

Allowed: Yes

Pool

ENERGY STAR Qualified pool pump, Pool Pump, Outdoor Pool, Electric Cover, Pool Cover, Gas Heat

Property

Excellent, Mountain(s), Setting, Wooded

Roof

Flat

Sewer

Sewer Hookup

Taxes

Parcel Number: 009-130-015, Zoning: R-1

Utilities

Underground Utilities, Water Source: Meter In, Mont Wtr, Net Meter

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285 Olive Mill Road

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