402 Lynn Drive, Ventura, Residential

$ 3,500,000

Overview

  • Updated On:
  • August 8, 2025
  • Property ID
  • 25335
  • 1.75 ft2
  • 5 Bedrooms
  • 5 Bathrooms
  • 4,299.00 ft2

Description

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.

Address: 402 Lynn Drive
City:
State/County:
Zip: 93003
Country: US

Property Id: 25335
Price: $ 3,500,000
Property Size: 4,299.00 ft2
Property Lot Size: 1.75 ft2
Bedrooms: 5
Bathrooms: 5
Additional Parcel Description: 078-0-012-745, 078-0-012-755 and 078-0-012-320. 2 more parcels, 3 more APNs.
Architectural Style: Bungalow,Craftsman
Basement: Unfinished
Bathorroms Full: 4
Bathrooms Half: 1
Co-List Agent AOR: BeverlyHillsGreaterLa
Co-List Agent Phone: 310-779-4578
Co-List Agent Email: ben@historicrealestatela.com
Co-List Agent: Benjamin Kahle
Co-List Agent MLS ID: CLW-C117098
Common Wall: NoCommonWalls
Community Features: Biking,Foothills,Hiking,Sidewalks
Contract Status Change Date: 2025-04-09
Cumilative Days on Market: 121
Days on Market: 121
Direction Faces: South
Directions: Take Loma Vista to Lynn Dr. Property is located behind gate at end of road
Disclosures: Historical
Entry Level: 1
Entry Location: level 1
Fencing: ChainLink,Wood
Fireplace Features: Den,LivingRoom
Flooring: Wood
Foundation Details: Raised
Garage Spaces: 4
Green Energy Efficient: Hvac
Heating: Central,Fireplaces
Inclusions: Fridge, washer, dryer
Laundry Features: LaundryRoom
Levels: Two
List Agent AOR: VenturaCoastal
List Agent Direct Phone: (805) 570-0265
List Agent Email: toniguy22@yahoo.com
List Agent Name: Toni Guy
List Agent MLS ID: v211507133
List office AOR: VenturaCoastal
List office Email: lyleelliott@bhhscal.com
List office MLS ID: V1600
List office Phone: (805) 677-7300
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2025-04-09
Listing ID: V1-29207
Listing Service: FullService
Listing Terms: Cash,Conventional
Living Area Source: Assessor
Living Area Units: SquareFeet
Lot Features: BackYard,CulDeSac,FrontYard,Garden,GentleSloping,HorseProperty,NearPublicTransit,Secluded
Lot Size Area: 1.75
Lot Size Source: Assessor
Lot Size Square Feet: 76230
Lot Size Units: Acres
Main Level Bathrooms: 2
Main Level Bedrooms: 3
MLS Status: Active
On Market Date: 2025-04-08
Original List Price: 4500000
Parcel Number: 0780012735
Parking Features: DoorMulti,Driveway,Garage,Oversized,RvPotential
Parking Total: 7
Patio and Porch Features: Open,Patio
Photos Count: 78
Possession: CloseOfEscrow
Postal City: VENTURA
Postal Code Plus 4: 1038
Previous List Price: 3995000
Property Condition: Turnkey
Roof: Composition
State or Province: CA
Stories: 2
Stories Total: 2
Street Name: Lynn
Street Number: 402
Street Suffix: Drive
Street Suffix Modifier: Dr
Structure Type: House
Utilities: SewerConnected,SewerNotAvailable
View: CityLights,Ocean,TreesWoods,Water
Water Source: Public
Window Features: WoodFrames
Year Built: 1924

Other Features
Additional Parcel 1
Association
Attacheed Garage
Basement 1
BreakfastArea
Can Raise Horses
Cooling
Has a View
Has Fireplace
Has Garage
Has Heating System
KoiPond
Land Lease
Lease Considered
MultiplePrimarySuites
Private Pool
Property Attached
Refrigerator
Senior Community
SeparateFormalDiningRoom
Spa

,

$ 20,433.25
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 16,787.41

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