
Venice, California 90291
This Contemporary Architectural Masterpiece is a Strong Value Opportunity, listed at $2,999,000—positioned well below the $3,271,165 Fair Market Value by 8%. This valuation gap provides $272,165 in Instant Equity. Boasting an Excellent Condition Rating, the 2021 build features a capsule elevator, Italian-designed kitchen, and Savant Smart Home automation. The top-floor living area offers panoramic mountain views and seamless indoor-outdoor flow to a generous deck. It is a premier choice for Luxury Owner-Occupants or Lifestyle-Driven Buyers seeking a turnkey Venice sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1208 Palms Boulevard Subject | $2,999,000* List Price | 4 | 5 | 3,499 | $935 | - |
A 1900 Penmar Avenue Sold | $2,850,000 | 4 | 5 | 3,411 | $836 | 0.0 mi |
B 810 Amoroso Place Sold | $2,900,000 | 3 | 3 | 2,756 | $1,052 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property meets the highest standards of modern construction and design. It features high-end Italian-designed kitchen and bathrooms, premium Fisher & Paykel and Bosch appliances, and advanced smart home technology. The finishes, including the floating staircase, capsule elevator, and porcelain showers, are virtually new with no signs of wear or deferred maintenance.
Built in 2021, this contemporary home features a striking floating staircase, a sleek capsule elevator, and high-end Italian-designed finishes throughout, offering a sophisticated and modern living experience.
The property is fully equipped with a Savant Smart Home system, integrated Sonos sound, Lorex security, and an EV charger, providing seamless automation and modern convenience.
The top-floor main living area maximizes panoramic mountain and treetop views through expansive glass walls, seamlessly connecting the designer kitchen and living space to a generous outdoor deck.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2848, other record lot size in square feet = 2752.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2848, living area = 3499.
With a lot size of 2,848 square feet, the property prioritizes vertical living and decks over traditional yard space, which may not appeal to buyers seeking a large private garden.
1208 Palms is designed for the way people want to live today, light-filled, open, and effortlessly connected to the outdoors. This contemporary architecture captures sweeping views of mountains and treetops while expansive windows bring sunlight into every corner. A striking floating staircase connects all three levels, complemented by a sleek capsule elevator that services each floor, combining sculptural design with everyday convenience. The top floor is the heart of the home, where the kitchen, dining, and living areas unfold in one expansive open space framed by walls of glass. The Italian-designed kitchen features Fisher & Paykel appliances, a Bosch dishwasher and microwave, custom shelving, a walk-in pantry, and a beautifully designed island made for gathering. Large sliding glass doors open to a generous outdoor deck, extending the living space into the fresh air. A built-in fireplace anchors the room, creating a warm focal point whether hosting friends or enjoying a quiet evening at home. Three of the four bedrooms are located on the second floor. The primary suite opens to a spacious private balcony and features a custom Italian-designed walk-in closet along with a spa-inspired bathroom with dual Italian vanities, a floating tub, and a porcelain shower. The additional bedrooms include custom Italian millwork closets and private en suite bathrooms, offering comfort and privacy for family or guests. On the first floor, the fourth bedroom offers flexibility as a guest suite, office, gym, or creative space. The entry level also includes a generous open area that flows directly to an outdoor patio, creating another inviting indoor-outdoor moment. The home is equipped with Savant Smart Home Automation with app-controlled lighting and AC, an integrated Sonos sound system, five Lorex security cameras, DoorBird entry, alarm system, prewired solar, and an installed EV charger. Custom California Closets are featured throughout, including the pantry. A two-car garage opens directly into the home. Ideally located at the corner of Palms and Penmar, you're just a short walk to neighborhood cafes and boutiques, with a new corner bodega opening across the street. Easy, elevated livingjust add your throws, candles, and bikes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 5.0 | 3.0 | 84% |
| Square foot | 3,499 | 1,830 | 90% |
| Lot Size | 2,848 | 4,211 | 21% |
| Price | $3.00M | $2.41M | 78% |
| Price per sq ft | $857 | $1.3K | 8% |
| Built year | 2021 | 1947 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 177 | 1% |
Apr 8, 2026
$2,999,000
Initial Listing