Sold

Closed

2300 Garden Street

Santa Barbara CA, 93105

$16,700,000


$134.93 per sqft

Sold

Closed

16 Baths

123,764 sqft

Residential

Built in 1899

Listed by Timothy Di Prizito with Christie's AKG 424-249-7162

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*)

24385763

MLS ID

April 29, 2024

Listed

July 14, 2024

Updated

Map

2300 Garden Street
Santa Barbara CA, 93105

Interior Features

Total Stories

7


Total Bathrooms

16


Full Bathrooms

16


Laundry Description

See Remarks


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

11.37 Acres

Other Property Details

Area Name

VC81 - Santa Barbara


Days on Market

59


Garage

No


Parking Total

0


View

Yes


View Description

City Lights, Landmark, Panoramic


County

Santa Barbara


Pool

No


Pool Features

See Remarks


Zoning

E-1

Listing History

Date

Event

Price

7/11/2024

Sold

$16,700,000

7/11/2024

Pending

6/12/2024

Price Change

$14,000,000

-72%

Listing Contact: 424-249-7162 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/14/2024 at 6:21 AM UTC

 

Powered byLuxury Presence