Estimated worth today: Last valued at about $785,000 in 2011, but nearby single-family residences have recently sold for more than $2 million.
This was the dream home of Milton S. Stewart and his wife, Ida, who were originally from Duluth, Minnesota. The land itself was previously owned by farmer Jose Moraga and banker William Eddy, who sold to the Stewarts in 1887. They lived on-site in the “Rose Cottage” while the house was built. Milton died at just age 40 in 1891, and his tomb at the Santa Barbara Cemetery reads from poet Robert Burns’ works: “Oh! why has worth so short a date? While villains ripen gray with time. Must thou, the noble, generous, great, Fall in bold manhood’s hardy prime?” By 1904, the home had become Miss Mary Gamble’s Exclusive Home and Day School for Girls, one of California’s first academies for young women. In 1914, Ida (who’d live until 1941) and her son also named Milton converted the property into apartments.
By Courtesy Photo