402 Lynn Dr Ventura, CA 93003
Midtown NeighborhoodEstimated payment $19,480/month
Total Views
26,336
5
Beds
4.5
Baths
4,299
Sq Ft
$814
Price per Sq Ft
Highlights
- Ocean View
- Property is near an ocean
- Craftsman Architecture
- Loma Vista Elementary School Rated A-
- 1.75 Acre Lot
- Fruit Trees
About This Home
Tucked into the Ventura hills beneath ancient oaks and sycamores, the Thomas Gould Jr House is a rare architectural treasure—designed in 1924 by Henry Mather Greene of Greene & Greene fame. Set on 1.75 acres with views of the Pacific and Channel Islands, it's the only Greene & Greene home ever built in Ventura, and one of the last created in Southern California. This soulful, 4,299 sq ft, 5-bedroom, 4-bathroom estate blends Arts & Crafts design with relaxed farmhouse elements and subtle Japanese influences. The floorplan is both grand and welcoming, with a spacious living room, cozy den, window-lined dining room, and exceptional flow. Original features include oak and maple floors, Batchelder tile fireplaces, art glass, and handcrafted woodwork designed by Greene himself. In the 1980s, architect and first Director of the Gamble House, Randell Makinson, respectfully updated the kitchen, added a 4-car garage (with 1/2 bath), and expanded the second story. There's still opportunity to add your own vision to the kitchen and primary bath.
The groundsoriginally designed by California native landscaping pioneer Theodore Payneare now a certified wildlife preserve, alive with butterflies, hummingbirds, and two tranquil ponds. Spanning three parcels (four APNs) from Lynn Dr to Foothill Rd, the property includes potential for a guest house or office, pool etc. Listed on the National Register of Historic Places, this is believed to be the most historically significant residence in Ventura. Substantial tax incentives and property tax reductions are available through the Mills Act, offering both financial and cultural rewards. This is more than a homeit's a legacy waiting to be lived in, where the next owner becomes part of the story, woven into the history of a California masterpiece.
Listing Agent
Berkshire Hathaway HomeServices California Properties License #01491191 Listed on: 04/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,808
Year Built
- Built in 1924
Lot Details
- 1.75 Acre Lot
- Cul-De-Sac
- Fenced
- Fruit Trees
- Property is in excellent condition
Parking
- 4 Car Detached Garage
Property Views
- Ocean
- Island
- City
- Woods
Home Design
- Craftsman Architecture
- Raised Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 4,299 Sq Ft Home
- 2-Story Property
- Great Room
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Library
- Sun or Florida Room
- Wood Flooring
- Breakfast Area or Nook
- Laundry Room
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
Outdoor Features
- Property is near an ocean
Location
- Property is near a park
- Property is near public transit
- Property near a hospital
- Property is near schools
- Property is near shops
- Property is near a bus stop
- City Lot
Schools
- See Remarks Elementary And Middle School
- See Remarks High School
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- Ventura Subdivision
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 078-0-012-735
- Seller Considering Concessions
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,808 | $354,980 | $215,220 | $139,760 |
| 2024 | $3,808 | $349,758 | $212,058 | $137,700 |
| 2023 | $3,764 | $342,900 | $207,900 | $135,000 |
| 2022 | $4,606 | $443,430 | $268,850 | $174,580 |
| 2021 | $3,912 | $375,300 | $227,540 | $147,760 |
| 2020 | $3,023 | $289,050 | $175,250 | $113,800 |
| 2019 | $2,646 | $252,430 | $152,850 | $99,580 |
| 2018 | $2,858 | $272,130 | $164,780 | $107,350 |
| 2017 | $2,898 | $275,800 | $167,000 | $108,800 |
| 2016 | $2,278 | $215,800 | $130,700 | $85,100 |
| 2015 | $1,852 | $175,100 | $106,000 | $69,100 |
| 2014 | $1,916 | $178,900 | $108,300 | $70,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $3,500,000 | -12.4% | $814 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $3,995,000 | -11.2% | $929 / Sq Ft |
| 04/10/2025 04/10/25 | For Sale | $4,500,000 | -- | $1,047 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $17,500,000 | None Listed On Document | |
| Grant Deed | $2,250,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $835,000 | Construction | |
| Previous Owner | $1,860,000 | New Conventional | |
| Previous Owner | $225,000 | Credit Line Revolving | |
| Previous Owner | $1,462,500 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Ventura, CA
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-1414
APN: 078-0-012-735
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