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2300 Garden Street, SANTA BARBARA, CA 93105

$50,000,000
Property Type: Comm/Ofc Status: Active
Current Price: $50,000,000 List Date: 4/30/2024 Last Modified: 4/30/2024

Description

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.

Supplements: 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\*)

More Information MLS# 24-1370

Location Info

District: 15 - SB/EAST OF STATE Street #: 2300 Street Name: Garden Street Suffix: Street State/Province: CA Postal Code: 93105 Compass Map: Santa Barbara Map Grid: N11 County: Santa Barbara Parcel Number: 025-140-024 Cross Street: Pueblo

Contract Info

Current Price: $50,000,000 Price: 50000000 Buyers Agent $/%: 1.5 Begin Date: 2024-04-30 Status: Active

Property Information

TYP: Commercial For Sale/Lease: For Sale

Remarks

Hot Sheet Comment: new

Property Features

Zoning: Other Terms: Other Listing Type: ER
Listing Office: AKGRE Inc
Last Updated: April - 30 - 2024
2300 Garden Street, SANTA BARBARA, CA 93105- MLS# 24-1370
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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