402 Lynn Dr Ventura, CA 93003
Midtown NeighborhoodEstimated payment $18,965/month
Highlights
- Ocean View
- Horse Property
- Two Primary Bedrooms
- Loma Vista Elementary School Rated A-
- Koi Pond
- 1.75 Acre Lot
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 grounds--originally designed by California native landscaping pioneer Theodore Payne--are 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 home--it'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.
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
- South Facing Home
- Wood Fence
- Chain Link Fence
- Secluded Lot
- Gentle Sloping Lot
- Sprinkler System
- Garden
- Back and Front Yard
- 078-0-012-745, 078-0-012-755 and 078-0-012-320. 2 more parcels, 3 more APNs.
Parking
- 4 Car Garage
- Parking Available
- Two Garage Doors
- Driveway
- RV Potential
Property Views
- Ocean
- City Lights
- Woods
Home Design
- Craftsman Architecture
- Bungalow
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Composition Roof
Interior Spaces
- 4,299 Sq Ft Home
- 2-Story Property
- Wood Frame Window
- Great Room
- Living Room with Fireplace
- Dining Room
- Den with Fireplace
- Wood Flooring
- Breakfast Area or Nook
- Laundry Room
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Double Master Bedroom
- Tile Bathroom Countertop
- Bathtub with Shower
- Linen Closet In Bathroom
Outdoor Features
- Horse Property
- Open Patio
- Koi Pond
Utilities
- Central Heating
- Sewer Connected
Additional Features
- Energy-Efficient HVAC
- Property is near public transit
Listing and Financial Details
- Tax Tract Number 19
- Assessor Parcel Number 0780012735
Community Details
Overview
- No Home Owners Association
- Foothills
Recreation
- Hiking Trails
- Bike Trail
Map
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 |
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 |
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 | -- | -- |
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: Ventura County Regional Data Share
MLS Number: V1-29207

APN: 078-0-012-735
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