249 Lambert Rd - Specialty FOR SALE


Carpinteria, CA 93013- East Santa Barbara
$17,900,000 USD
805-886-9144
249 Lambert Rd, Carpinteria, CA for Sale
$17,900,000 USD
Specialty - FOR SALE
1/50
null | Request Cap Rate

249 Lambert Rd
Carpinteria, CA 93013
East Santa Barbara


HIGHLIGHTS

  • A once-in-a-generation opportunity to reimagine a piece of California’s coastal heritage.
  • Immense value as both a residential proposition and a commercial venture.
  • Reimagine as a private luxury compound with expansive grounds.
  • Potential for various working pursuits requiring multiple structures.
  • 5 buildings totaling ±15,317 SF, on ±12.22 AC land.
  • 11 restrooms, 67 parking spaces, HVAC.

OVERVIEW

Nestled in the lush coastal highlands of Carpinteria, California, just south of Santa Barbara, 249 Lambert Road is a rare estate originally established as a private residential compound in 1924 for philanthropist and industrial magnate Max Fleischmann. Designed by the esteemed firm Johnson, Kaufmann, and Coate, the residence reflects a timeless commitment to excellence and was envisioned as a sanctuary of architectural and natural beauty. Spanning 13 gracious acres, the estate’s legacy as a private residence is evident in its expansive grounds, stately main house, guest quarters, and tranquil gardens. In 1989, Pacifica Graduate Institute took stewardship of the property, transforming it into a dynamic campus of higher learning with five administrative buildings, organic orchards, water features, and peaceful vignettes throughout. Today, the estate stands poised for a new chapter—offering unlimited potential to be reimagined as a luxury residential compound once again. Whether restored to its original residential glory or adapted for modern living, this landmark property is uniquely positioned as both a historic estate and a future private retreat at the heart of one of California’s most desirable coastal enclaves. In addition to its residential appeal, the property also offers significant commercial potential, with existing infrastructure and flexible spaces that can accommodate a variety of business, educational, or hospitality uses.

FOR SALE DETAILS

PRICE

$17,900,000 USD

PRICE/SF

$1,169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Unique Residential or Commercial Potential

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

12.3 AC

LAND SF

535,788 SF

ZONING

A-I-20

APN/PARCEL ID

005-210-054

ASK ABOUT THIS PROPERTY

Gene DeeringRadius Commercial Real EstateMore Info
805-886-9144

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Gene DeeringRadius Commercial Real EstateMore Info
805-886-9144

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.