One Of Montecito’s Oldest Homes, Once Home To Lena Horne, Hits The Market

Real Estate

El Molino, which means ‘The Mill,’ is one of the oldest historic homes in Montecito, California. 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 to become a residential estate. El Molino became an icon and a symbol of commerce in the community; Olive Mill Road was built and named after the estate.

Situated on one acre in the sought-after Golden Quadrangle, the property features gorgeous quarried stone work. The home has 5,600 square feet of living space, with six bedrooms, six full baths and three half baths, with an attached guest suite with its own entrance.

The spacious living room features large picture windows and opens to the formal dining room, showcasing a dramatic fireplace. The large family room features French-style doors that open to patios on both sides, creating a seamless transition from indoors to outdoors in the temperate Montecito weather.

The newly-remodeled kitchen has Viking appliances, quartz countertops, ample in-kitchen seating and includes a butler’s pantry, perhaps the most desired room in today’s world of home décor. One en-suite bedroom is located downstairs. Situated on the second level is the spacious primary suite, which features a fireplace, a soaking tub and a walk-in closet, all illuminated by beautiful natural light. On this level, also, are three spacious guest suites, as well as the laundry room. 

The third floor loft boasts open space with a wet bar, countertop and full bath – space that is ready for use for casual living, office space, work out space, music studio, meditation room, or any other use the homeowner may have in mind. On the north side of the home are the stairs to guest quarters, which are equipped with a living room, kitchenette, bedroom and full bath.

Conveniently located near Montecito’s upper and lower village, this piece of history is ready for new ownership to love and cherish it. Listed by Maureen McDermut and Maureen Martinez of Sotheby’s International Realty-Montecito Brokerage, El Molino is offered for $8.5 Million.

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