2300 Garden St, Santa Barbara, CA 93105

$14,000,000
16
BA
123,764
SqFt
List Price
$14,000,000
Price Change
▼ $36,000,000 1718253806
MLS#
24-385763
Year Built
1899
Bathrooms
16
Living Sq. Ft
123,764
Lot Size
495,277
Days on Market
56
Property Type
Single Family Residential
Style
Spanish Colonial
Stories
7

Property Description

AUCTION BIDDING OPEN! Bidding ends Wednesday, June 26th, 2024. Previously Listed $50,000,000. Current High Bid $14,000,000. No Reserve. Private Showings by Appointment. This 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*)

Additional Information

Other Buildings
Other
Pool
Yes
Pool Description
Other
Spa
Yes
Heat
Other
Cooling
Central
View
City, Landmark, Park, Panoramic
Number of Cars in Garage
Other

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Courtesy of Christie's AKG, Timothy Di Prizito - CA DRE#01433017

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