2705 Ocean Front Walk, Venice, California 90291, Venice, 90291 - 3 bed, 4 bath

2705 Ocean Front Walk, Venice, California 90291 home-pic-0
ACTIVE$10,885,000
2705 Ocean Front Walk, Venice, California 90291
3Beds
4Baths
3,849Sqft
2,520Lot
Year Built
2014
Close
-
List price
$10.88M
Original List price
$8.6M
Price/Sqft
$2,828
HOA
-
Days on market
-
Sold On
-
MLS number
24454177
Home ConditionExcellent
Features
Excellent View: Ocean, Water
Deck
Patio
ViewOcean, Water

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 4 Cons,5 Pros. Rank: price - $10.88M(99th), sqft - 3849(93th), beds - 3(50th), baths - 4(76th).

This stunning turn key home is being sold fully furnished is a one-of-a-kind beachfront home in the iconic coastal town of Venice Beach. A testimony to art and engineering, it unlocks west coast natural beauty with east coast nautical elegance. Designed by award-winning architect Ian J. N. Harrison, luxurious finishes adorn like oceanfront balconies a private elevator, custom cabinets, walk-in closets, and high vaulted ceilings steeped in walnut wood, limestone walls, soapstone counters, cypress shingles, and ornate crown molding. The open-concept kitchen and spacious living room are primed for entertaining. The custom kitchen features expansive countertops with an island, separate sinks, built-in breakfast nook, Thermador appliances, walk-in pantry, and built-in coffee and espresso maker. Step from the living room, with built-in media center, onto the vast private patio with full-length sliding glass doors integrating indoor and outdoor space. Cozy up to the grand fireplace in the living room or the custom outdoor fire pit and radiant heaters on the outdoor patio on the beach. The north star of this oceanfront home is the spacious rooftop deck. Its built-in grill, barbecue, stone fireplace, kitchenette, and palatial columned pergola make al fresco dining a dream come true. A gem in this jeweled crown, retreat to the regal primary bedroom suite with a grand fireplace, private balcony over the sea, walk-in closet, and sumptuous Calcutta marble bathroom including an MTI bathtub with massage, separate sinks, vanity, heated floors, towel warmer, and steam shower with Bluetooth. Below the kitchen lies a private level with bonus room and Legrand security system, which could be converted into a fourth bedroom. A private guest suite follows above with walk-in closet, on suite bathroom, separate sinks, and private balcony. Continue upward to another charming living room with private balcony. **Price includes all furniture, appliances, fixtures, bedding, towels and all items in the home. House is turnkey and fully furnished. Owner has not lived in the home for years but used it rarely. Owner has regular professional cleaners maintain it and windows professionally washed. House is move in ready.**

Price History

Date
Event
Price
04/13/16
Sold
$9,400,000
10/31/02
Sold
$1,252,500
Condition Rating
Excellent

This property, built in 2014, is only 10 years old and is described as a 'stunning turn key home' with 'luxurious finishes' throughout. The kitchen boasts high-end Thermador appliances, custom cabinetry, expansive countertops, and a built-in coffee/espresso maker, all indicative of modern, top-tier quality. The primary bathroom features sumptuous Calcutta marble, an MTI massage tub, heated floors, a towel warmer, and a Bluetooth steam shower, representing the pinnacle of luxury and modern amenities. The description explicitly states the home is 'move in ready,' rarely used, and professionally maintained, ensuring all components are virtually new and meet current quality standards with no deferred maintenance. The overall design, features like a private elevator, walnut wood ceilings, limestone walls, and a comprehensive security system, along with exceptional outdoor spaces, confirm its excellent condition.
Pros & Cons

Pros

Unrivaled Beachfront Location: The property boasts a one-of-a-kind beachfront position on Venice's iconic Ocean Front Walk, offering direct ocean access and views.
Architectural Excellence & Luxury Finishes: Designed by an award-winning architect, the home features luxurious finishes including walnut wood, limestone walls, soapstone counters, a private elevator, and custom cabinetry throughout.
Exceptional Outdoor Entertainment Spaces: Multiple outdoor areas, including a vast private patio with a fire pit and radiant heaters, and a spacious rooftop deck with a built-in grill, kitchenette, and stone fireplace, are ideal for entertaining.
Turnkey & Fully Furnished Offering: The home is sold fully furnished, including all appliances, fixtures, bedding, and towels, providing a move-in ready and hassle-free experience for the buyer.
Opulent Primary Suite: The regal primary bedroom suite features a private ocean-view balcony, grand fireplace, walk-in closet, and a sumptuous Calcutta marble bathroom with heated floors, an MTI massage tub, and a steam shower.

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 = 2520, living area = 3849.
Above Estimated Market Value: The current listing price of $10,885,000 is higher than the property's estimated market value of approximately $10,376,808, suggesting it may be priced above current market expectations.
High Foot Traffic & Noise Potential: Its direct location on the Venice Ocean Front Walk, while offering prime access, also means exposure to significant pedestrian traffic and potential noise from the bustling boardwalk, which may not appeal to all luxury buyers seeking tranquility.
Limited Bedroom Count for Price Point: With 3 bedrooms (and potential for a 4th), the property offers a relatively modest number of sleeping accommodations for its luxury segment and price point, especially when compared to larger, newer comparable properties in the area.

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