1531 Glencoe Avenue, Venice, California 90291, Venice, 90291 - 4 bed, 5 bath

1531 Glencoe Avenue, Venice, California 90291 home-pic-0
ACTIVE$4,395,000
1531 Glencoe Avenue, Venice, California 90291
4Beds
5Baths
3,579Sqft
5,899Lot

Price Vs. Estimate

The estimated value ($4,064,014.46) is $330,985.54 (7%) lower than the list price ($4,395,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction & Customization: Built by a reputable developer (Thomas James Homes) with a 2026 completion, offering buyers the unique opportunity to personalize design touches and benefit from a guaranteed completion date.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-05-01. The sold price is $1,900,000.00.

Compared to the nearby listings

Price:$4.39M vs avg $2.29M (+$2,104,000)91%
Size:3,579 sqft vs avg 1,832 sqft90%
Price/sqft:$1.2K vs avg $1.3K45%

More Insights

Built in 2026 (-1 years old).
Condition: This property is a brand new construction, projected to be completed in 2026 by a reputable builder, Thomas James Homes. The description explicitly states it will feature a gourmet kitchen with top-of-the-line appliances, a luxurious grand bath with a freestanding tub and walk-in shower, and an attached ADU with a full bath and kitchenette. The design concept images and floor plans showcase modern aesthetics, high-quality finishes, and new systems throughout, indicating all components will be new and meet current quality standards with no deferred maintenance.
Year Built
2026
Close
-
List price
$4.39M
Original List price
$4.39M
Price/Sqft
$1,228
HOA
-
Days on market
-
Sold On
-
MLS number
25600323
Home ConditionExcellent
Features
View-

About this home

Thomas James Homes wants to collaborate with you in putting your personal design touches into this stunning Transition-style residence. Nestled East of Lincoln on a corner lot, this home is currently under construction and features an open concept floor plan and overall layout that flows gracefully. The gourmet kitchen is equipped with top-of-the-line appliances, a large island with bar seating, and a generous walk-in pantry. The gourmet kitchen opens to the dining and great room with a fireplace and staking doors leading to the lush backyard for easy indoor/ outdoor living and entertaining. An attached ADU with full bath and kitchenette, a powder room, and mud room of the attached 2-car garage complete the first level. The second level has a loft and two secondary bedrooms, one of which is ensuite, a full bath, and a laundry room equipped with a sink. The grand suite has a fireplace and luxurious grand bath with a freestanding tub, walk-in shower, dual-sink vanities, and a large walk-in closet. Unlock the advantages of buying a work-in progress home built by TJH, a national leader in high-quality single-family residences. Learn about the preferred pricing plan, personalized design options, guaranteed completion date and more. Contact TJH to learn the benefits of buying early. New TJH homeowners will receive a complimentary 1-year membership to Inspirato, a leader in luxury travel. Illustrative landscaping shown is generic and does not represent the landscaping proposed for this site. All imagery is representational and does not depict specific building, views or future architectural details.

Price History

Date
Event
Price
10/01/96
Sold
$971,590
05/01/25
Sold
$1,900,000
Condition Rating
Excellent

This property is a brand new construction, projected to be completed in 2026 by a reputable builder, Thomas James Homes. The description explicitly states it will feature a gourmet kitchen with top-of-the-line appliances, a luxurious grand bath with a freestanding tub and walk-in shower, and an attached ADU with a full bath and kitchenette. The design concept images and floor plans showcase modern aesthetics, high-quality finishes, and new systems throughout, indicating all components will be new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New Construction & Customization: Built by a reputable developer (Thomas James Homes) with a 2026 completion, offering buyers the unique opportunity to personalize design touches and benefit from a guaranteed completion date.
Attached ADU: Features a dedicated Accessory Dwelling Unit (ADU) with a full bath and kitchenette, providing significant flexibility for rental income, guest quarters, or multi-generational living.
High-End Modern Design: Boasts an open-concept floor plan, a gourmet kitchen with top-of-the-line appliances and a large island, and seamless indoor/outdoor living, complemented by a luxurious grand suite.
Prime Venice Location & Corner Lot: Located in the highly desirable Venice area, East of Lincoln, on a corner lot which typically offers enhanced privacy, natural light, and curb appeal.
Spacious & Functional Layout: Offers a generous 3,579 sqft of living space with 4 bedrooms, 5 bathrooms, a loft, mudroom, and upstairs laundry, catering to modern family needs.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-05-01. The sold price is $1,900,000.00.
Under Construction & Delayed Occupancy: As a work-in-progress, the property is not immediately available for occupancy, requiring buyers to wait for construction completion.
Listed Above Estimated Value: The current listing price is 7% higher than the property's estimated market value, which may present a challenge in justifying the price to potential buyers.
Representational Imagery & No Defined Views: The listing relies solely on illustrative imagery, lacking actual photos of the finished home, and explicitly states 'None' for views, potentially limiting its appeal compared to properties with scenic outlooks.

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