Active

2300 Garden Street

SANTA BARBARA CA, 93105

$14,000,000


Active

Commercial

Courtesy of Timothy Di Prizito, AKGRE Inc

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\*)

24-1370

MLS ID

April 30, 2024

Listed

June 13, 2024

Updated

Map

2300 Garden Street
SANTA BARBARA CA, 93105

Other Property Details

Area Name

15 - SB/EAST OF STATE


Days on Market

44


Garage

No


View

No


County

Santa Barbara


Pool

No


Zoning

Other


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

6/12/2024

Price Change

$14,000,000

-72%

Listed by AKGRE Inc, Timothy Di Prizito,
Listing Contact: [email protected] 

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Data last updated 1:41 AM UTC, 6/13/2024

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