
Venice, California 90291
Analysis of 1347 Palms Boulevard, Venice, California 90291 is currently available with a list price of $9,600,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2015, this luxury architectural compound falls within the 10-year window for an excellent rating. The property is described as a 'masterclass in modern architecture' with flawless execution and high-end craftsmanship. Given the $9.6M price point and the 'Forty Seven Ranch' branding, the kitchen, bathrooms, and major systems are expected to be of the highest quality with no deferred maintenance and modern, premium finishes.
Known as 'Forty Seven Ranch,' this 2015-built compound is a masterclass in modern architecture, offering bespoke craftsmanship and high-end finishes that create a unique, gallery-like living experience.
Situated on a rare quarter-acre lot, this property provides an exceptional amount of outdoor space and privacy for the Venice market, where land is typically at a high premium.
The residence is designed as a secluded sanctuary, offering a secure and tranquil environment that functions as a private retreat while remaining in the heart of a vibrant coastal community.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3872, other record living area = 2644. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
At a list price of $9.6 million, the property commands a significant premium per square foot, which may limit the pool of qualified buyers and challenge market comparisons.
Being located on Palms Boulevard, the property may be subject to higher traffic volume and ambient street noise compared to the more secluded walk streets or interior residential pockets of Venice.
FORTY SEVEN RANCH is a private architectural sanctuary set on one-quarter acre in Venice, California. This exceptional luxury compound is a rare expression of design excellence, craftsmanship, and intention--where every line, texture, and material has been thoughtfully conceived and flawlessly executed. Created as a work of art, this extraordinary residence embodies strength, tranquility and refinement offering an elevated experience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 4.0 | 3.0 | 70% |
| Square foot | 3,872 | 1,830 | 93% |
| Lot Size | 10,898 | 4,251 | 97% |
| Price | $9.60M | $2.41M | 99% |
| Price per sq ft | $2.5K | $1.3K | 97% |
| Built year | 2015 | 1947 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 177 | 1% |
Mar 11, 2026
$9,600,000
Initial Listing
Nov 1, 2010
$1,053,000
Public Record