2300 Garden Street
Santa Barbara, CA, 93105 $ 50,000,000
Baths0.0 Sq 123,764 Monthly Estimate*
$ 332,316
Studio
for $50,000,000. This 123,764 square foot building was built in 1899 on a lot size of 11.37.
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*)
See more
FeaturesGeneralZoning E-1
HOA 0.0
Year Built 1899
County Santa Barbara
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Auction
Status Active
Directions St Anthony's Seminary
City Santa Barbara
View Y/N N
Senior Community Y/N N
MLS Area VC81 - Santa Barbara
Lot Size Units SquareFeet
Lot Size Square Feet 495277.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Garden
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 1
Standard Status Active
See more
ExteriorTotal Parking 0.0
Lot Size Area 495277.0
Spa N
Building Area Total 123764.0
Lot Size Acres 11.37
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
InteriorTotal Stories 7
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
See more
* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $332,316
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Santa Barbara, CA
Average List Price $24,120,000
Percent of Sale Price 52%
About Santa Barbara, CA 90,478 Population
-2% Since 2002
$ 73,259 Median Income
38.49 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/30/2024 | $50,000,000 | | Listed Price |