1900 Penmar Avenue, Venice, California 90291, Venice, 90291 - 4 bed, 5 bath

1900 Penmar Avenue, Venice, California 90291 home-pic-0
ACTIVE$3,299,000
1900 Penmar Avenue, Venice, California 90291
4Beds
5Baths
3,411Sqft
2,867Lot

Price Vs. Estimate

The estimated value ($3,299,000) is $0 (0%) lower than the list price ($3,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2021, this property offers the pinnacle of contemporary luxury with state-of-the-art design and new systems throughout.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2867, living area = 3411.

Compared to the nearby listings

Price:$3.30M vs avg $2.29M (+$1,008,500)83%
Size:3,411 sqft vs avg 1,831.5 sqft89%
Price/sqft:$967 vs avg $1.3K20%

More Insights

Built in 2021 (4 years old).
Condition: This property, built in 2021, is virtually brand new and exemplifies contemporary luxury. The kitchen features exquisite Italian design with premium Fisher & Paykel appliances, custom cabinetry, and a porcelain island. Bathrooms are lavish, with dual Italian vanities, floating tubs, and stunning porcelain-clad showers. High-end 8.5" wide plank oak flooring, modern light fixtures, and comprehensive smart home automation (including app-controlled lighting, integrated Sonos, security cameras, prewired solar, and EV charger readiness) confirm its top-tier condition. All components are new, meeting current quality standards with no deferred maintenance.
Year Built
2021
Close
-
List price
$3.3M
Original List price
$3.6M
Price/Sqft
$967
HOA
-
Days on market
-
Sold On
-
MLS number
25517003
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s), Panoramic
Deck
Patio
ViewCity Lights,Mountain(s),Panoramic

About this home

Experience the pinnacle of contemporary luxury in this newly built Venice Beach retreat, boasting an expansive 3,411 square foot layout capturing stunning panoramic views of treetops, mountains, and city lights through vast walls of windows. Sunlight cascades throughout every room, enhancing the home's sophisticated yet inviting ambiance. At the heart of the home lies an exquisite Italian kitchen, adorned with premium Fisher & Paykel appliances, elegant built in shelving, custom cabinetry, and a porcelain island that seamlessly transitions into a wraparound breakfast bar ideal for casual gatherings. Step through sliding glass doors onto the oversized private deck, a perfect setting for sunlit relaxation or stylish entertaining. 8.5" wide plank oak flooring gracefully unifies the spacious dining and living areas, highlighted by an inviting built in fireplace, creating an airy and open environment suited to both intimate gatherings and lively social events. The primary suite serves as a tranquil sanctuary, offering a generous balcony, a meticulously crafted Italian walk in closet, and a lavish bathroom featuring dual Italian vanities and a luxurious floating tub within a stunning porcelain clad shower. Two additional bedrooms provide exceptional comfort, each complemented by custom Italian millwork closets and private en suite baths. Versatile living spaces abound, including a 4th bedroom suite ideal as a private guest room, dedicated office, or home gym. The expansive family room opens effortlessly onto an outdoor patio, extending the living area and embracing indoor outdoor harmony. Modern amenities elevate your lifestyle with smart home automation featuring app controlled lighting, integrated Sonos sound system, five Lorex security cameras, DoorBird entry, alarm system, prewired solar, EV charger readiness, a rough in for an elevator if needed, and a spacious two car garage. Nestled just moments from the vibrant energy of Abbot Kinney, indulge in Venice Beach's premier dining, boutique shopping, and cultural hotspots, making this home an unparalleled blend of luxury, comfort, and iconic coastal living.

Price History

Date
Event
Price
01/13/22
Sold
$2,830,000
12/06/21
Sold
$2,675,000
07/02/15
Sold
$2,205,500
Condition Rating
Excellent

This property, built in 2021, is virtually brand new and exemplifies contemporary luxury. The kitchen features exquisite Italian design with premium Fisher & Paykel appliances, custom cabinetry, and a porcelain island. Bathrooms are lavish, with dual Italian vanities, floating tubs, and stunning porcelain-clad showers. High-end 8.5" wide plank oak flooring, modern light fixtures, and comprehensive smart home automation (including app-controlled lighting, integrated Sonos, security cameras, prewired solar, and EV charger readiness) confirm its top-tier condition. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2021, this property offers the pinnacle of contemporary luxury with state-of-the-art design and new systems throughout.
Panoramic Views: The home boasts stunning panoramic views of treetops, mountains, and city lights, enhancing its appeal and value.
High-End Finishes & Appliances: Features an exquisite Italian kitchen with premium Fisher & Paykel appliances, custom cabinetry, and luxurious Italian primary suite finishes including dual vanities and a floating tub.
Advanced Smart Home Technology: Equipped with comprehensive smart home automation, including app-controlled lighting, integrated Sonos, security cameras, DoorBird entry, alarm, prewired solar, and EV charger readiness.
Desirable Venice Location: Nestled just moments from the vibrant energy of Abbot Kinney, providing unparalleled access to premier dining, boutique shopping, and cultural hotspots.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2867, living area = 3411.
Absence of Central Air Conditioning: The property description does not mention a dedicated cooling system, which could be a significant comfort drawback during warmer periods for a luxury residence.
Compact Lot Size: With a lot size of 2,867 sqft for a 3,411 sqft home, the property offers limited traditional yard space, relying more on decks and patios for outdoor living.
Potential for Urban Noise/Traffic: Its proximity to the 'vibrant energy of Abbot Kinney' could translate to increased noise and traffic, which might detract from a desire for quiet residential living.

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