
Venice, California 90291
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $3,900,000—positioned well below the $3,958,008 Fair Market Value by 1%. This valuation gap offers $58,008 in Instant Equity. Featuring a 2026 New Construction status and an Excellent Condition Rating, the property includes a Chef-Inspired Kitchen and a Private-Entry ADU. Its versatile layout and premium finishes make it an ideal choice for Multigenerational Families or Owner-Occupants seeking a sophisticated, turnkey residence in Venice.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1531 Glencoe Avenue Subject 4 bd · 5 ba · 3,240 sqft · $1,204 | $3,800,000* List Price | 4 | 5 | 3,240 | $1,204 | - |
A 1531 Louella Avenue Sold 3 bd · 4 ba · 3,209 sqft · $1,215 · 0.1 mi | $3,900,000 | 3 | 4 | 3,209 | $1,215 | 0.1 mi |
B 2026 Louella Avenue Sold 4 bd · 5 ba · 3,400 sqft · $1,162 · 0.4 mi | $3,950,000 | 4 | 5 | 3,400 | $1,162 | 0.4 mi |
C 2040 Glencoe Avenue Sold 4 bd · 5 ba · 3,800 sqft · $1,237 · 0.4 mi | $4,700,000 | 4 | 5 | 3,800 | $1,237 | 0.4 mi |
D 1016 Palms Boulevard Sold 4 bd · 5 ba · 3,655 sqft · $903 · 0.6 mi | $3,300,000 | 4 | 5 | 3,655 | $903 | 0.6 mi |
E 752 Palms Boulevard Sold 4 bd · 5 ba · 3,419 sqft · $1,304 · 1.0 mi | $4,460,000 | 4 | 5 | 3,419 | $1,304 | 1.0 mi |
F 2214 Glencoe Avenue Sold 5 bd · 5 ba · 2,785 sqft · $1,346 · 0.6 mi | $3,750,000 | 5 | 5 | 2,785 | $1,346 | 0.6 mi |
G 1028 Pleasantview Avenue Sold 4 bd · 5 ba · 2,869 sqft · $1,277 · 0.8 mi | $3,665,000 | 4 | 5 | 2,869 | $1,277 | 0.8 mi |
H 2013 Louella Avenue Active Under Contract 4 bd · 5 ba · 3,175 sqft · $1,086 · 0.4 mi | $3,449,000 List Price | 4 | 5 | 3,175 | $1,086 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new construction (2026) in mint condition. Features a chef-inspired kitchen with premium Wolf and Sub-Zero appliances, modern luxury bathrooms, and state-of-the-art systems throughout.
The property includes a private-entry, 1-bedroom attached ADU with a kitchenette, providing exceptional flexibility for multigenerational living, a sophisticated home office, or potential rental income.
Built in 2026, this home features premium Wolf and Sub-Zero appliances, a chef-inspired kitchen, and modern architectural details like stacking doors that ensure a seamless indoor-outdoor lifestyle.
Situated on a desirable corner lot, the home offers a generous 3,240 square foot floor plan with a versatile upstairs loft and a lush backyard, maximizing both privacy and entertaining space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3240, other record living area = 1682. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property does not offer any significant views, which may be a drawback for buyers expecting coastal or city vistas at this $3.9 million price point.
Being located East of Lincoln puts the residence further from the beach and the primary Venice attractions, potentially resulting in higher traffic congestion and less walkability to the coast.
Make your move with $150,000 in Flex Credit toward eligible closing costs, a mortgage rate buydown or approved home upgrades on this or other select homes through November 15, 2026. Nestled East of Lincoln on a desirable corner lot, this stunning, move-in-ready home offers 3 bedrooms and 3.5 bathrooms in the main residence, plus a 1-bedroom, 1-bath attached ADU with its own separate, private entrance. Thoughtfully designed for modern living, the home features an open-concept floor plan, sophisticated finishes, and exceptional indoor/outdoor flow. The main level welcomes you with a seamless connection between the gourmet kitchen, dining area, and great room. The chef-inspired kitchen is beautifully appointed with Wolf and Sub-Zero appliances, a large center island with bar seating, and a generous walk-in pantry. The adjacent great room features a fireplace and dramatic stacking doors that open to the lush backyard, creating an effortless transition for indoor/outdoor living and entertaining. The first level also includes the private-entry 1-bedroom, 1-bath ADU, complete with a kitchenette - ideal for guests, extended family, a private office, or additional living space. A convenient powder room and mudroom provide direct access to the attached 2-car garage. Upstairs, a versatile loft offers additional living space, while two secondary bedrooms provide comfortable accommodations, including one ensuite bedroom. A full bathroom and dedicated laundry room with sink add everyday convenience. The spacious grand suite serves as a private retreat, featuring a fireplace and a luxurious grand bath with a freestanding soaking tub, walk-in shower, dual-sink vanities, and a large walk-in closet. Offering 4 bedrooms and 4.5 bathrooms in total, this exceptional residence combines elevated design, flexible living spaces, and premium amenities in a highly desirable East of Lincoln location. Complete and move-in ready, this is a home designed for sophisticated everyday living, comfortable multigenerational living, and effortless entertaining. No representations or warranties, express or implied, are made by Seller or Seller's Broker/Agent regarding square footage, lot size or dimensions. Buyer is advised to independently verify all dimensions during the investigation period and rely solely on Buyer's own investigations or those of professionals retained by Buyer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.4 |
| Square foot | 3,240 | 1,674.03 |
| Lot Size | 5,898 | 4,310.258 |
| Price | $3.80M | $2.32M |
| Price per sq ft | $1.2K | $1.4K |
| Built year | 2026 | 1944 |
| HOA | $0 | $401 |
| Days on market | 57 | 61 |
Oct 8, 2026
$3,800,000
$3,900,000
-3% Price Drop
Initial Listing
Aug 28, 2026
$3,900,000
Initial Listing
May 1, 2025
$1,900,000
Public Record
Oct 1, 1996
$971,590
Public Record