$14,000,000 Price Analysis   ♡   Santa Barbara, CA 93105 0 bed 16 bath unknown SqFt ($0/SqFt) 11.37 acre lot. Built 1899 Listed 2024-04-30 | Ⓧ USDA Ineligible due to price & location near Santa Barbara |
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-ter 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, Worksho p 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, 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 )
Presented by Timothy Di Prizito at
Christie's AKG.
Property MLS #24-385763 from TheMLSCLAW
Full Bathrooms: 16
Lot Size Square Feet: 495277
Calculated Total Monthly Association Fees: 0
County: Santa Barbara
Directions: St Anthony's Seminary
Source Property Type: Residential
Area: Santa Barbara
Source Neighborhood: Santa Barbara
Parcel Number: 025-140-024
Postal Code Plus 4: 3624
Zoning: E-1
Property Subtype: Single Family Residence
Source System Name: C2C
$0
SantaBarbara
Price Changed 2024-06-12
$14,000,000
TheMLSCLAW
Price Changed 2024-06-12
$14,000,000
SantaBarbara
Listed 2024-04-30
$50,000,000
TheMLSCLAW
Listed 2024-04-30
$50,000,000
SantaBarbara
Common Walls: Detached/No Common Walls
Levels: Multi Levels, Three Or More Levels
Property Age: 125
Levels or Stories: 7
Building Total Stories: 7
Structure Type: Detached
House Style: Spanish Colonial
Architectural Style: Spanish Colonial
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.