Santa Barbara, CA 93105,2300 Garden ST
Santa Barbara, CA 93105,2300 Garden ST
Santa Barbara, CA 93105,2300 Garden ST
40
$16,700,000
$14,000,000
19.3%
Est.Price: ?

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11.37 Acres Lot

2300 Garden ST Santa Barbara, CA 93105

Est. payment /mo
SOLD DATE : 07/10/2024

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Key Details

Sold Price $16,700,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24386139

Sold Date 07/10/24

HOA Y/N No

Year Built 1899

Lot Size 11.370 Acres

Property Description

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*)

Location

State CA

County Santa Barbara

Area Vc81 - Santa Barbara

Zoning E-1

Interior

Fireplace No

Building

Story 7

Others

Tax ID 025140024

Special Listing Condition Auction

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California Regional MLS (CRMLS)
Listed by Timothy Di Prizito • Christie's AKG
Bought with Timothy Di Prizito • Christie's AKG

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Andy Cleaves

Broker Associate | License ID: 01383386

+1(951) 732-7122

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