1008 Oakwood Avenue, Venice, California 90291, Venice, 90291 - 4 bed, 4 bath

1008 Oakwood Avenue, Venice, California 90291 home-pic-0
ACTIVE$3,900,000
1008 Oakwood Avenue, Venice, California 90291
4Beds
4Baths
3,308Sqft
3,838Lot
Year Built
2024
Close
-
List price
$3.9M
Original List price
$3.9M
Price/Sqft
$1,179
HOA
-
Days on market
-
Sold On
-
MLS number
25507711
Home ConditionExcellent
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 4 Cons,5 Pros. Rank: price - $3.90M(91th), sqft - 3308(89th), beds - 4(63th), baths - 4(76th).

AVAILABLE FOR LEASE AT $24k/MONTH. A striking fusion of Scandinavian minimalism and modern functionality, this wood-clad residence in Venice offers a refined yet relaxed coastal lifestyle. Set behind gates just over a mile from the beach, the 3,308-square-foot home embraces natural materials, clean lines, and seamless indoor-outdoor living.Expansive glass walls in the open-plan kitchen, dining, living, and den areas lead to multiple sun filled outdoor spaces. The gourmet kitchen, with abundant custom cabinetry, gold hardware, and a statement island, anchors the main floor in understated elegance.An A-frame ceiling soars over the grand primary suite. It includes Fleetwood floor-to-ceiling windows, offering complete privacy from the outside, that lead you to the generous balcony with views of Oakwood Park. The fireplace and separate seating area, oversized walk-in closet, and spa-like ensuite with soaking tub completes the primary retreat. Another three vaulted ceiling bedrooms, two bathrooms, and a dedicated laundry room round out the upper level. Up one more level you will find the rooftop patio with expansive neighborhood views. Thoughtfully designed for both tranquility and entertaining, the home also features an outdoor fire pit, outdoor shower, and lush garden vignettes. Just moments from Abbot Kinney's vibrant dining and shopping scene, The Oakwood Residence is a true modern sanctuary in the heart of Venice.

Price History

Date
Event
Price
10/06/06
Sold
$725,000
08/24/04
Sold
$629,000
07/02/03
Sold
$495,000
04/27/01
Sold
$255,000
Condition Rating
Excellent

This property was built in 2024, making it a brand new construction. The description highlights a 'striking fusion of Scandinavian minimalism and modern functionality,' a 'gourmet kitchen with abundant custom cabinetry, gold hardware, and a statement island,' and a 'spa-like ensuite with soaking tub.' These details, combined with the new build year, indicate that all components are new, meet current quality standards, and there is no deferred maintenance, aligning perfectly with the 'Excellent' criteria.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2024, this residence offers a striking fusion of Scandinavian minimalism and modern functionality, featuring clean lines and natural materials, appealing to contemporary tastes.
Seamless Indoor-Outdoor Living: Expansive glass walls and multiple sun-filled outdoor spaces, including an outdoor fire pit, shower, garden vignettes, and a rooftop patio with neighborhood views, enhance the coastal lifestyle.
Prime Venice Location: Situated just over a mile from the beach and moments from Abbot Kinney's vibrant dining and shopping scene, offering a highly desirable and convenient coastal lifestyle.
Luxurious Primary Suite: The grand primary suite boasts an A-frame ceiling, Fleetwood floor-to-ceiling windows, a generous balcony with Oakwood Park views, a fireplace, separate seating area, oversized walk-in closet, and a spa-like ensuite with soaking tub.
Gourmet Kitchen: The main floor features a gourmet kitchen with abundant custom cabinetry, gold hardware, and a statement island, providing both elegance and high functionality.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3838, living area = 3308.
Premium Pricing Relative to Market Estimates: The listing price is 7% above the property's estimated value, which may require strong justification or negotiation in the current market.
Absence of Explicit Cooling System: While coastal breezes are a benefit, the description does not explicitly mention a central air conditioning system, which could be a comfort consideration for some buyers during warmer periods.
Potential Wood Cladding Maintenance: The 'wood-clad residence' aesthetic, while visually appealing, may imply higher long-term maintenance requirements, especially in a coastal environment, compared to more resilient exterior materials.

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