One-of-a-Kind Historic 12.8 Acre Estate
One-of-a-kind 12.8-acre estate on Branciforte Creek featuring the original 7 BR 4000+SF Mediterranean Villa "Casa de Montgomery" built-in 1932, with attached guest unit plus an 8000+SF wing built-in 1972 that added 17BR with commercial kitchen, dining hall, high ceilings & ADA hallways, totaling 13,955 SF, 26BR, 6 full baths + 14 half baths.
Includes preliminary plans & application to demo & rebuild as a 100-bed senior assisted living facility, however, due to septic and budget constraints has been deemed more cost-effective to renovate the villa and re-design the 8000SF wing for a wide range of Level 5 Use possibilities such as school, religious or retreat center with likely maximum occupancy for 25 residents, or simply keep the home as a residence and convert the second building for recreational use or storage, with renovation costs likely to run additional $2MM-$3MM on top of purchase.
The main water source is a 50 GPM well. Also includes deeded water rights to the creek, plus 5 dry ponds from a now-defunct treatment system that can be repurposed as scenic water features.
Main Street Realtors
Cal BRE 01161050