637 Olive Avenue, Venice, California 90291, Venice, 90291 - 3 bed, 3 bath

637 Olive Avenue, Venice, California 90291 home-pic-0
ACTIVE$4,596,000$3,061/sqft
Est. Value: $4,302,140
-6%
AboveEstimate
637 Olive Avenue, Venice, California 90291
3Beds
3Baths
3,061Sqft
3,604Lot

Price Vs. Estimate

The estimated value ($4,302,139.67) is $293,860.33 (6%) lower than the list price ($4,596,000). This property may be overpriced.

Key pros and cons

Top Pros:
Architectural Significance: Designed by renowned architect David Hertz, known as 'The Butterfly House,' this property offers a rare blend of design pedigree and sophisticated coastal living.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3061, other record living area = 2865.

Compared to the nearby listings

Price:$4.60M vs avg $2.33M (+$2,271,000)92%
Size:3,061 sqft vs avg 1,832 sqft84%
Price/sqft:$1.5K vs avg $1.3K73%

More Insights

Built in 2012 (14 years old).
Condition: Built in 2012, this architectural home by David Hertz features premium construction, engineered teak floors, and state-of-the-art systems including radiant heating, split AC, solar power, and a Crestron smart home system. The kitchen boasts integrated, modern appliances and beautifully detailed cabinetry, while the spa-level bathrooms feature freestanding tubs, glass showers, and dual vanities with contemporary finishes. All components appear virtually new, reflecting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition.
Year Built
2012
Close
-
List price
$4.6M
Original List price
$4.6M
Price/Sqft
$1,501
HOA
-
Days on market
-
Sold On
-
MLS number
26634407
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s), Ocean
Deck
Pool
Spa
ViewCity Lights,Mountain(s),Ocean

About this home

Situated in Venice's coveted Silver Triangle, welcome to this architectural home designed by David Hertz, known as The Butterfly House, a rare union of design pedigree and effortless livability, thoughtfully crafted for coastal life at its most elevated. Past a discreet facade, the house opens in one sweep: pocketing walls of glass dissolve the boundary between the great room and a lush, private courtyard where a slender lap pool and spa run alongside warm decking and verdant living walls. Inside, engineered teak floors and soaring ceilings set a calm, modern tone, while the open kitchen integrates appliances and beautifully detailed cabinetry, framing everyday life and easy entertaining. The flow is intuitive: dine with the sliders open to the outside, linger by the sleek fireplace, then drift upstairs along a sculptural stair to a mezzanine that overlooks it all. Performance quietly powers the experience. Radiant-heated floors carry warmth throughout. A full Crestron system puts the home in your pocket, open and close windows, tune whole-home surround sound, and manage heat in every zone thanks to split systems in each room. The structure is engineered for longevity and quiet, from robust glazing and invisible hinges to an exterior air barrier with stainless-steel cladding accents. The house even self-ventilates for fresh air, while extensive wiring and interior/exterior security cameras provide modern peace of mind. The private primary suite is a sanctuary: a sunlit retreat with custom-built-in storage, terrace-like views into mature greenery, and a generous walk-in closet. Its spa-level bath pairs a freestanding soaking tub with a glass shower and dual vanities, all bathed in soft natural light, an everyday ritual made luxurious. The second and third bedrooms are thoughtfully placed, with a Jack-and-Jill bathroom that maximizes flexibility for family or guests. Two laundry rooms simplify daily rhythms, and the rear building's interior walls are non-structuraloffering future-proofing for whatever you imagine next. Sustainability is built in, not bolted on. Solar power and solar thermal tubes preheat domestic water before it reaches the heater, with any surplus heat directed to the pool; the home runs predominantly electric with a single auxiliary gas burner. From African mahogany Sapelle doors to exceptionally strong glass, every material choice reflects lasting quality. And because everything is wired and thoughtfully automated, you can arrive to comfort, windows, music, and radiant heat set just how you like, at the touch of a phone. Moments to the Venice Canals, Abbot Kinney, Rose Avenue, and the beach, this move-in-ready residence distills the best of the Silver Triangle: an architectural statement that lives beautifully, functions intelligently, and delivers resort-style tranquility right where you want to be.

P
Paige Ogden
Listing Agent
Condition Rating
Excellent

Built in 2012, this architectural home by David Hertz features premium construction, engineered teak floors, and state-of-the-art systems including radiant heating, split AC, solar power, and a Crestron smart home system. The kitchen boasts integrated, modern appliances and beautifully detailed cabinetry, while the spa-level bathrooms feature freestanding tubs, glass showers, and dual vanities with contemporary finishes. All components appear virtually new, reflecting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition.
Pros & Cons

Pros

Architectural Significance: Designed by renowned architect David Hertz, known as 'The Butterfly House,' this property offers a rare blend of design pedigree and sophisticated coastal living.
Advanced Smart Home & Sustainability: Equipped with a full Crestron automation system, radiant-heated floors, zoned split systems, solar power, and solar thermal tubes, ensuring modern comfort, efficiency, and environmental responsibility.
Seamless Indoor-Outdoor Living: Features pocketing walls of glass that dissolve the boundary between the great room and a lush, private courtyard with a slender lap pool, spa, and verdant living walls, creating an exceptional resort-like experience.
Premium Construction & Material Quality: Built in 2012 with engineered teak floors, robust glazing, African mahogany Sapelle doors, and high-quality finishes throughout, ensuring durability, quiet, and lasting value.
Coveted Venice Location: Situated in Venice's highly desirable Silver Triangle, offering immediate access to the Venice Canals, Abbot Kinney, Rose Avenue, and the beach, ideal for a vibrant coastal lifestyle.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3061, other record living area = 2865.
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 = 3604, living area = 3061.
Premium Price Point: The list price of $4.596 million positions this property in a highly exclusive market segment, potentially narrowing the pool of prospective buyers.
Modest Lot Size: While expertly designed for privacy and outdoor enjoyment, the 3,604 sqft lot size is relatively compact for a luxury residence of this scale and price, which might not appeal to buyers seeking expansive grounds.
Discreet Street Presence: The 'discreet facade' prioritizes privacy but may lack the grand curb appeal some luxury buyers expect, potentially making it less visually striking from the street.
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