2040 Glencoe Avenue, Venice, California 90291, Venice, 90291 - 4 bed, 5 bath
Loading property details...
Venice, California 90291
This Customizable New Construction Modern Farmhouse offers a bespoke coastal lifestyle in the heart of Venice, listed at $4,748,000. While the price reflects a premium over the $4,480,761 Fair Market Value, it secures a rare opportunity to personalize a 3,800 sq ft residence and 550 sq ft ADU before its 2026 completion. With an Excellent Condition Rating, the home features a chef's kitchen, covered patio, and luxurious primary suite. This sanctuary is perfectly suited for Luxury Home-Seekers or Multi-Generational Families seeking a tailored, high-end retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2040 Glencoe Avenue Subject | $4,748,000* List Price | 4 | 5 | 3,800 | $1,179 | - |
A 2000 Walnut Avenue Sold | $3,515,000 | 4 | 4 | 2,941 | $1,195 | 0.2 mi |
B 2307 Louella Avenue Sold | $4,600,000 | 6 | 6 | 4,070 | $1,130 | 0.3 mi |
C 1000 Indiana Court Sold | $3,435,000 | 4 | 5 | 2,686 | $1,279 | 0.6 mi |
D 1531 Glencoe Avenue Active | $4,415,000 List Price | 4 | 5 | 3,688 | $1,197 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is new construction, with a projected build year of 2026, and is currently underway. The listing explicitly states that buyers have the opportunity to personalize finishes and design details, ensuring all components will be brand new and meet current quality standards upon completion. The images provided are renderings of a modern farmhouse design, showcasing high-end aesthetics and features, including a chef's kitchen and luxurious primary suite, aligning perfectly with the 'excellent' condition criteria for a newly built home.
Strategically located in the heart of Venice, offering immediate access to renowned restaurants, cafes, and the vibrant local neighborhood energy.
A brand-new modern farmhouse, currently under construction, provides a unique opportunity for buyers to personalize finishes, materials, and design details.
Features a generous 3,800 sq ft main residence complemented by a 550 sq ft Accessory Dwelling Unit (ADU), offering ample space and versatile living arrangements.
The property was recently sold within the past year on 2025-07-29. The sold price is $1,700,000.00.
The property is currently under construction, requiring a waiting period for completion and potential for unforeseen delays before occupancy.
The listing price has seen a significant increase from its original offering, which may warrant careful consideration of market value and project scope changes.
Customize Your Dream Home in Venice! Construction is underway on this stunning modern farmhouse in the heart of Venice, and now is the time to make it your own. The finished residence will span approximately 3,800 sq ft with a 550 sq ft ADU. The envisioned design includes a dramatic two-story entry, open-concept living and dining areas, a chef's kitchen with pantry, family room, covered patio, and ADU on the main floor. Upstairs, a grand staircase leads to three en-suite bedrooms and a luxurious primary suite with balcony. With framing and layout already in motion, buyers still have the opportunity to personalize finishes, materials, and design details to create a true dream home. The seller, a seasoned developer with multiple Pacific Palisades projects, offers expert craftsmanship while allowing end users to put their unique style into the completed property. Located just steps from Venice's best restaurants, cafes, and vibrant neighborhood energy, this home represents the perfect balance of turnkey new construction and personal customization.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 5.0 | 3.0 | 84% |
| Square foot | 3,800 | 1,830 | 92% |
| Lot Size | 5,468 | 4,251 | 75% |
| Price | $4.75M | $2.41M | 92% |
| Price per sq ft | $1.2K | $1.3K | 40% |
| Built year | 2026 | 1947 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 255 | 179 | 82% |
Aug 23, 2025
$4,748,000
$2,198,000
+116% Price Increase
Initial Listing
Aug 10, 2025
$2,198,000
Initial Listing
Jul 29, 2025
$1,700,000
Public Record
Jan 8, 1997
$181,000
Public Record