
Venice, California 90291
This Newly Constructed Luxury Residence is a High-Potential Investment Opportunity, listed at $3,599,000—positioned well below the $3,741,601 Fair Market Value by 3%. This valuation gap offers $142,601 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this 2026 build boasts a chef's kitchen with Taj Mahal stone, Thermador appliances, and a private outdoor kitchen. This turnkey sanctuary is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a premium, low-maintenance asset in the heart of Venice.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1016 Palms Boulevard Subject | $3,599,000* List Price | 4 | 5 | 3,655 | $1,024 | - |
A 2115 Walnut Avenue Sold | $4,350,000 | 5 | 6 | 3,870 | $1,124 | 0.3 mi |
B 2000 Walnut Avenue Sold | $3,515,000 | 4 | 4 | 2,941 | $1,195 | 0.3 mi |
C 1814 Penmar Avenue Sold | $2,645,000 | 4 | 4 | 2,983 | $887 | 0.3 mi |
D 1000 Indiana Court Sold | $3,435,000 | 4 | 5 | 2,686 | $1,279 | 0.4 mi |
E 967 Vernon Avenue Sold | $2,800,000 | 4 | 4 | 2,631 | $1,064 | 0.4 mi |
F 667 Santa Clara Avenue Sold | $2,900,000 | 6 | 4 | 3,993 | $726 | 0.4 mi |
G 1016 Palms Boulevard Active | $3,695,000 List Price | 4 | 5 | 3,315 | $1,115 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction in mint condition. It features high-end designer finishes, including a chef's kitchen with Thermador appliances and Taj Mahal stone, modern spa-like bathrooms, and all-new systems, requiring zero maintenance.
Built in 2026 by Bespoke Homes, this designer-done retreat features high-end organic finishes, Taj Mahal stone countertops, and Thermador appliances, offering a turnkey luxury experience.
The property boasts a rare 6,061 SF lot for Venice, featuring a full outdoor kitchen, fire-pit, and a seamless indoor-outdoor flow via a pass-through bar window and large sliding glass doors.
Set back from the street with a private gated courtyard and secure parking, this home provides a secluded sanctuary rarely found so close to the bustling Abbot Kinney and beach areas.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3655, other record living area = 3412.
Despite its luxury status and price point, the property does not offer any significant views of the ocean or city skyline, which is often expected in this market tier.
Situated on Palms Boulevard, the property may experience higher traffic volume and ambient noise compared to more secluded Venice walk-streets or residential cul-de-sacs.
This newly completed, designer-done Venice retreat is private, secure, and centrally located with a substantial yard for entertaining. The home is set back from the street on a generous 6,061 SF lot, spanning 3,655 SF with 4 bedrooms and 4.5 bathrooms. Custom-built by Bespoke Homes, it boasts an organic, transitional interior finish style that encompasses Venice-inspired living. A private gated courtyard with blooming citrus trees and a custom water feature welcomes you inside. The light-filled interior is finished with medium oak wood floors and storage throughout. The main level is anchored by a well-scaled great room with a limestone-surround fireplace, designer-done chef's kitchen, and large sliding glass doors opening to the private backyard. The kitchen features a generous island, custom cabinetry, dual dishwashers and sinks, Taj Mahal stone countertops, Thermador appliances, hidden walk-in pantry, and a large pass-through awning window opening directly to the outdoor bar. A dedicated dining area sits just off the kitchen and living space, alongside a powder room, mudroom-style drop zone, and a main-level en-suite bedroom providing flexibility for guests or a home office. Upstairs, natural light pours in through skylights leading to three bedrooms, all en-suite with vaulted ceilings and walk-in closets. The primary suite features its own custom fireplace, two massive walk-in closets, and a spa-inspired bath with dual vanities, Taj Mahal countertops, soaking tub, and oversized shower. A separate laundry room completes the upper level. Outside, enjoy a full outdoor kitchen, large trellis-covered patio, fire-pit, and expansive yard space with curated landscaping. Secluded from the street with ample parking and a secure setback presence, this exquisite new construction offers a rare sense of privacy just moments from Abbot Kinney, the beach, and the best of Venice living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 5.0 | 3.0 | 85% |
| Square foot | 3,655 | 1,933.5 | 90% |
| Lot Size | 6,061 | 4,328 | 81% |
| Price | $3.60M | $2.37M | 83% |
| Price per sq ft | $985 | $1.3K | 15% |
| Built year | 2026 | 1948 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 157 | 1% |
May 14, 2026
$3,599,000
Initial Listing