303 Venice Way, Venice, California 90291, Venice, 90291 - 3 bed, 4 bath

303 Venice Way, Venice, California 90291 home-pic-0

303 Venice Way

Venice, California 90291

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
3,263Sq Ft
1,772Lot Size

Property Price

LIST PRICE$3,095,000
EST. MARKET VALUE
$3,487,947
11% BelowMARKET VALUE

SUMMARY

Analysis of 303 Venice Way, Venice, California 90291 reveals a Prime Investment Opportunity with a current list price of $3,095,000—significantly undercutting the $3,487,947 Fair Market Value by 11%. This valuation gap indicates a +$392,947 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$3,487,947 +$392,947 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Venice.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
303 Venice Way
Subject
$3,095,000*
List Price
343,263$1,069-
A
304 Grand Boulevard
Active
$3,950,000
List Price
353,221$1,2260.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property, built in 2018, is virtually new and exemplifies modern luxury. The gourmet kitchen features top-of-the-line Miele, Viking, Wolf, and Sub-Zero appliances, custom cabinetry, and an oversized quartz peninsula, all in pristine condition. Bathrooms are spa-inspired with high-end finishes, including large format marble-look tiles, freestanding tubs, and glass-enclosed showers. The home boasts polished concrete and light wood flooring, cutting-edge Control 4 smart home automation, and health-focused upgrades like a whole-house water filtration system and high-end air purification. All components are new or virtually new, meeting current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Venice Location

    Situated in one of Venice's most coveted locations, moments from Abbot Kinney's boutiques, restaurants, and vibrant cultural hubs, offering an unparalleled lifestyle.

  • Cutting-Edge Smart Home Technology

    Fully integrated with Control 4 automation, providing seamless control over lighting, climate, security, entertainment, and motorized shades for modern convenience.

  • Luxurious Rooftop Deck with Views

    An expansive rooftop deck serves as a showpiece, featuring 360-degree views of mountains and the Getty Museum, complete with a built-in kitchen, fire pit, and custom awnings for entertaining.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 3263, other record living area = 2934.

  • 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 = 1772, living area = 3263.

  • Recently Sold Property

    The property was recently sold within the past year on 2025-02-19. The sold price is $2,900,000.00.

About 303 Venice Way

Tucked behind private gates in one of Venice's most coveted locations, this multi-level contemporary masterpiece defines modern luxury and sophistication. Blending cutting-edge smart home technology with striking architectural design, this 3-bedroom + office, 4-bath residence offers an elevated lifestyle with seamless convenience. Fully integrated with Control 4 smart home automation, enjoy effortless control of lighting, climate, security, entertainment, music, and motorized shades all at the touch of a button. Step through the oversized glass pivot door into a world of architectural drama. The entry is defined by 18-foot ceilings, polished concrete floors, oak accents, and exposed steelwork, creating a gallery-like aesthetic flooded with natural light from expansive walls of glass. The gourmet kitchen is a chef's dream, featuring top-of-the-line Miele, Viking, Wolf, and Sub-Zero appliances, custom cabinetry, and an oversized quartz peninsula ideal for both cooking and casual entertaining. Upstairs, the primary suite offers a serene retreat with sliding glass doors to a private balcony, a spa-inspired ensuite bathroom with soaking tub, and a walk-in closet. Two additional guest suites provide comfort and privacy for family or visitors. The showpiece of this home is the expansive rooftop deck, showcasing 360 views of the mountains and the Getty Museum. Designed for entertaining, the rooftop features custom awnings, a fire pit, outdoor speakers, and a built-in kitchen with refrigerator, sink, storage, concrete countertops, and a Kamado Big Joe III smoker the ultimate setting for sunset gatherings. Health-focused upgrades throughout the home include a whole-house water filtration system, eco-friendly paint, professional HVAC and duct cleaning including all registers, and a high-end air purification and ionization system for enhanced indoor air quality. Additional highlights include a two-car garage plus an extra parking space and the option to purchase the home fully furnished for a turnkey experience. Perfectly situated just moments from Abbot Kinney's boutiques and restaurants, the new Hume Gym, The Lighthouse creative hub, and Windward Circle's vibrant dining and nightlife, 303 Venice Way places the best of Venice at your doorstep.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2018
Lot Size
1,772 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
75%
Square foot3,2631,779
89%
Lot Size1,7724,255.5
1%
Price$3.10M$2.45M
80%
Price per sq ft$949$1.3K
14%
Built year20181947
94%
HOA$0$0
50%
Days on market36162
2%

Pricing History

Listed for Sale

Jan 29, 2026

$3,095,000

Initial Listing

Sold

Feb 19, 2025

$2,900,000

Public Record

Sold

Mar 26, 2021

$2,550,000

Public Record

Sold

Jan 5, 2018

$3,203,000

Public Record

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