1385 Palms Boulevard, Venice, California 90291, Venice, 90291 - 4 bed, 6 bath

1385 Palms Boulevard, Venice, California 90291 home-pic-0
ACTIVE$5,995,000
1385 Palms Boulevard, Venice, California 90291
4Beds
6Baths
4,012Sqft
8,174Lot
Year Built
2016
Close
-
List price
$6M
Original List price
$6M
Price/Sqft
$1,494
HOA
-
Days on market
-
Sold On
-
MLS number
25500953
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $6.00M(97th), sqft - 4012(93th), beds - 4(63th), baths - 6(91th).

This stunning Venice estate masterfully combines the perfect balance of modern luxury, comfort and privacy. Built in 2016, this spacious home was designed for seamless indoor-outdoor living, featuring high ceilings, expansive windows, and floor-to-ceiling sliding glass doors that welcome the exterior spaces and fill the home with natural light. Elegant finishes, including concrete and oak flooring, plastered walls, and custom cabinetry, add to the sophisticated ambiance. The primary suite is a private retreat with a walk-in closet, a lavish bathroom, and its own private deck. Outside, enjoy California living at its finest with a heated in-ground pool and spa, a fire pit, and a barbecue area, perfect for relaxation and entertaining. There are three additional generously-sized bedrooms, each with their own en-suite bathroom. The home also features a two-car detached garage and modern security features. A guesthouse with its own bath and private deck above the garage offers additional space for living, work, or leisure. Situated in the vibrant Venice neighborhood, close to dining, attractions, and entertainment, this home is ultimate blend of indulgence and convenience.

Price History

Date
Event
Price
07/24/24
Sold
$4,671,000
10/25/16
Sold
$3,625,000
04/17/15
Sold
$1,150,000
10/21/93
Sold
$157,500
Condition Rating
Excellent

Built in 2016, this property is virtually new and exemplifies modern luxury. The description highlights 'elegant finishes, including concrete and oak flooring, plastered walls, and custom cabinetry.' The primary suite features a 'lavish bathroom,' and all additional bedrooms have en-suite bathrooms, indicating high-quality, contemporary design throughout. The kitchen, though not explicitly detailed in terms of appliances, is implied to be high-end given the overall luxury description and custom cabinetry. All features meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Modern Luxury & Recent Construction: Built in 2016, the property boasts modern luxury design, high ceilings, expansive windows, and elegant finishes including concrete and oak flooring, appealing to contemporary tastes.
Exceptional Indoor-Outdoor Living: Designed for seamless indoor-outdoor living with floor-to-ceiling sliding glass doors, a heated in-ground pool and spa, fire pit, and barbecue area, ideal for entertaining and California living.
Private & Well-Appointed Suites: Features a lavish primary suite with a private deck and walk-in closet, plus three additional generously-sized bedrooms, each with its own en-suite bathroom, ensuring privacy and comfort for all occupants.
Versatile Guesthouse: A detached guesthouse with its own bath and private deck above the garage provides significant flexibility for guests, a dedicated home office, or potential rental income.
Desirable Venice Location: Situated in a vibrant Venice neighborhood, offering convenient access to local dining, attractions, and entertainment, enhancing its lifestyle appeal.

Cons

Potential Overpricing: The current listing price of $5.995M is notably above the estimated property value of $5.13M, which could impact market competitiveness and time on market.
Lack of Explicit Cooling System: The property description does not mention a cooling system (e.g., central AC), which could be a significant concern for buyers in a luxury home, especially during warmer periods.
Limited View Description: While a 'Pool' view is indicated, the description does not highlight any broader or panoramic views, which might be a missed opportunity or a limitation for a property at this price point.

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