We report the synthesis and characterization of the macrocyclic californium derivative Na[Cf(H2O)(DOTA)] (DOTA = 1,4,7,10-tetraazacyclododecane-1,4,7,10-tetraacetate), 1-Cf, which was studied in comparison to its dysprosium counterpart, Na[Dy(H2O)(DOTA)], 1-Dy. Divergent spectroscopic and magnetic behaviors were observed between 1-Cf and 1-Dy. Based upon spectroscopic measurements, we propose that accessible 5f → 6d transitions (potentially operating in tandem with charge-transfer transitions) are the major contributors to the observed broadband photoluminescence in 1-Cf. Dc magnetic susceptibility data for 1-Cf revealed lower magnetic moments than those previously observed for 1-Dy and expected for an f9 free ion, which calculations suggest is the result of greater ligand field effects. Notably, 1-Cf displays slow magnetic relaxation on the time scale of ac susceptibility measurements, making it the first example of a californium-based single-molecule magnet. A side-by-side comparison of the ac susceptibility data reveals magnetic relaxation properties that widely differ between 1-Cf and 1-Dy. This divergent relaxation behavior is attributed mainly to the inherent difference in spin-orbit coupling between Dy3+ and Cf3+.