2300 Garden Street, Santa Barbara, CA 93105

$50,000,000 Asking Price

16 baths
123,764  sqft
Built in 1899

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*)


Features & Amenities

Interior

Laundry:
See Remarks
A/C:
true, Central Air

Exterior

Pool:
See Remarks
Parking:
Parking spaces: 0

Construction

General:
Three Or More,Multi/Split

Location

Originating MLS:
CRMLS
County:
Santa Barbara

Lot

Zoning:
E-1, 025140024
View:
City Lights,Landmark,Panoramic, View

Financial

Source:
CRMLS
Buyers Agent Compensation:
1.500

This listing courtesy of:
Christie's AKG, Timothy Di Prizito

About Santa Barbara, CA

Housing

Number of Units
57,909
Median Home Value
$1,000,990
Median Rent
$1,789

49.41% of housing units are renter occupied.

8.21% are vacant.

Commute

Car
54.35%
Public Transportation
2.64%
Walk to Work
3.83%
Work from Home
35.89%
Other
0.33%

The median travel time to work is 11 minutes.

People

Population
137,561
Median Age
41.30
Median Household Size
2.61

Education

High School
12.49%
Associate’s Degree
6.86%
Bachelor’s Degree
29.46%
Graduate Degree
23.01%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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