2300 Garden Street
Santa Barbara, CA, 93105 $ 50,000,000
Baths16.0 Sq 123,764 Monthly Estimate*
$ 332,316
Studio
for $50,000,000 with 16 full baths. This 123,764 square foot home 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*)
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FeaturesGeneralCooling Central Air See Remarks
Zoning E-1
3/4 Baths 0
Full Baths 16
Half Baths 0
Year Built 1899
View Landmark Panoramic City Lights
Levels Multi/Split Three or More
Property SubType Single Family Residence
County Santa Barbara
New Construction No
Property Type A
HOA / Comm Assn No
Status Active
City Santa Barbara
Buyer Agent Compensation 1.50
View Y/N Yes
Senior Community Y/N No
MLS Area VC81 - Santa Barbara
Lot Size Square Feet 495277.0
Street Name Garden
Standard Status Active
Year Built Source Other
Buyer Agent Compensation Type %
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ExteriorLot Size Area 495277.0
Spa Yes
Pool Y/N? Yes
Building Area Total 123764.0
Lot Size Acres 11.37
Lot Size Units Square Feet
Land Lease Type Fee
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InteriorTotal Stories 7
Common Walls No Common Walls
Air Conditioning Y/N Yes
Street Suffix Street
Total Bathrooms 16.0
Total Baths 16
Total Bedrooms 0
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* Excluded FeaturesList ByTimothy Di PrizitoListing Agent
Affordability 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 NearbySingle family listings in Santa Barbara, CA
Average List Price $10,768,918
Percent of Sale Price 78%
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.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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5/1/2024 | $50,000,000 | | Listed Price |