See Home Value
$3,250,000
● House - Off Market

402 Lynn Drive

Ventura, CA 93003
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,299 Ft²
$17,186
Est. Monthly

About This Property

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.
Unit Size
4,299 Ft²
Days on Market
191 days
Land Size
1.75 acres
Price per sqft
$814
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924

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Last updated: 2 years ago (CRMLS #V1-29207)

Price History

Date / Event Date Event Price
Oct 17, 2025 Sold
Sold
Oct 5, 2025 In contract -
In contract
Aug 9, 2025 Price Decreased $3,500,000
↓ $495K (12.4%)
Price Decreased
Jun 17, 2025 Price Decreased $3,995,000
↓ $505K (11.2%)
Price Decreased
Apr 9, 2025 Listed by BHHS California Properties $4,500,000
Listed by BHHS California Properties
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Property Highlights

Garage
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 392
  • Garage Type: 7
  • Garage Square Area: 968
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,763
  • Total Building Area: 3,907
  • Gross Building Area: 3,907
  • Building Area: 3,907
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,907
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JAS EELLS SUBDIVISION
  • Land Acres: 0000000752
  • Standard Land Use Code: 1001
  • County Land Use Code: 1110
  • Legal Description 1: LOT: A REF: 40 PM 2

Neighborhood

  • School District Name: Ventura Unified School District
  • Census Tract: 001901

Zoning

  • Zoning: R1-7

Geography

  • Assessors Map Reference: 40 PM 2
  • District: 05
  • Parcel: 078-0-012-735
  • Block: 12
  • Lot: A
  • Municipality: VENTURA
  • Latitude: 34.2802
  • Longitude: -119.25

    Address

  • Full Address: 402 Lynn Dr
  • Address - House Number: 402
  • Address - Street Name: Lynn
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Ventura
  • Carrier Code: C034
  • 4-Digit Zip Code: 1038
  • Zip Code: 93003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $460,598
  • Tax Rate Code Area: 05-111

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 76
  • Final Value: 2,791,168
  • High Value: 3,294,786
  • Low Value: 2,287,551

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,900
  • Assessed Land Value: $207,900
  • Assessed Improvements Value: $135,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 14, 2007
  • Current Sale Recording Date: Oct 16, 2007
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 20071016-00195067

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About San Buenaventura (Ventura)


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Frequently Asked Questions

When was property at 402 Lynn Drive built and last sold?
The property at 402 Lynn Drive was built in 1924 and last sold on Aug 14, 2007 for $2,250,000.
How much is this home worth?
The estimated value of the home located at 402 Lynn Drive is $0.
What are some comparable homes to 402 Lynn Drive?
There are currently no comparable homes to 402 Lynn Drive.