Thank you
Timothy Di Prizito
Christie's AKG
424-249-7162
AUCTION: Bid 1226 June | Listed for $50M | No Reserve | Starting Bids Expected Up To $25M | Showings by AppointmentThis one-of-a-kind, multi-structure estate is one of the most breathtaking trophy properties in all of Southern California. A City of Santa Barbara designated historic landmark, 2300 Garden Street was a part of the original iconic Santa Barbara Mission lands and once served as a theological college and as various private schools dating back to the early 1900's. The entire site features six institutionally sized building structures, multipurpose sports field, tennis/basketball courts, gardens, additional portable's, several parking lots and 360-degree stunning Pacific Ocean and Santa Ynez Mountain views. Zoned RE-15 with approved educational use, the entire 11.37 acre site has numerous potential uses; imagine a Spanish-Colonial boutique hotel, a spiritual or holistic wellness center, assisted living facility, the family compound of your dreams, or continuing its storied history as a top-tier educational facility (*New/different use is subject to all local/State/required approvals.*). Residential and potential commercial opportunities abound. Structures on the property include the Grand Main building, Gymnasium, Chapel and Bell Tower, Arts and Sciences Building, Workshop, and Library/Dining Hallsome ready for immediate use and others primed for reimagination. The Spanish-style architecture and original fixtures like exterior sandstone walls, stained glass, wooden doors, and sculptures add to the original historic character to the buildings. The estate site sits in the heart of Santa Barbara's Upper East residential neighborhood, just next door to the Old Santa Barbara Mission. With its coveted location, amenities, and rich history, this property is the perfect purchase for a savvy investor. Property and opportunity details provided by seller or others; Buyer to verify information and any/all potential or alternative uses and conduct their own due diligence regarding a possible need for any Conditional Use Permits (CUP). (*Subject to all local/State/required approvals*)
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Total Bedrooms : 0
Total Baths: 15
Full Baths: 15
Half Baths: 0
Furnished Description: Unfurnished
Central Air
Air Conditioning
Year Built: 1899
Building Area Total: 123,764
See Remarks
See Remarks
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 11.37
Lot Size Source: Other
Lot Size Square Feet: 495277
Original List Price: 50,000,000
Listing Contract Date: 2024-04-29
Listing Agreement: Exclusive Right To Sell
Parcel Number: 025140024
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: VC81 - Santa Barbara
Postal Code Plus 4: 3624
Directions: St Anthony's Seminary
Zoning: E-1
Source Property Type: Residential
Area: VC81 - Santa Barbara
Property SubType: Single Family Residence
Property Age: 125
Common Walls: No Common Walls
Structure Type: Single Family Residence
Year Built Source: Other
Total Square Feet Living: 123764
Levels or Stories: Three Or More,Multi/Split
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2787 Painted Cave Road, Santa Barbara, CA,93105 | $949,900 | 3 | 2 | 2,034 | 6534 Sqft |
3173 Lucinda Lane, Santa Barbara, CA,93105 | $1,795,000 | 3 | 2 | 1,491 | 10019 Sqft |
4400 Meadowlark Lane, Santa Barbara, CA,93105 | $2,395,000 | 6 | 5 | 3,603 | 45302.4 Sqft |
2827 Serena Road, Santa Barbara, CA,93105 | $2,425,000 | 4 | 2 | 1,080 | 7841 Sqft |
450 El Cielito Road, Santa Barbara, CA,93105 | $5,700,000 | 4 | 4 | 5,215 | 43560 Sqft |
2929 Selwyn Circle, Santa Barbara, CA,93105 | $3,695,000 | 3 | 2 | 2,191 | 12632.4 Sqft |
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ByOwner last updated this listing 05/17/2024 @ 12:55
MLS: 24385763
LISTED BY: Timothy Di Prizito, Christie's AKG
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.