825 Palms Boulevard, Venice, California 90291, Venice, 90291 - 7 bed, 7 bath

825 Palms Boulevard, Venice, California 90291 home-pic-0
ACTIVE$9,980,000
825 Palms Boulevard, Venice, California 90291
7Beds
7Baths
5,800Sqft
10,746Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Award-Winning Architectural Design: This property is an 'award-winning architectural compound,' extensively featured in Architectural Digest, and designed by renowned architect Kevin Daly, appealing to buyers seeking unique, high-design residences.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10746, other record lot size in square feet = 5373. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5800, other record living area = 3736. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.

Compared to the nearby listings

Price:$9.98M vs avg $2.29M (+$7,689,000)99%
Size:5,800 sqft vs avg 1,832 sqft98%
Price/sqft:$1.7K vs avg $1.3K89%

More Insights

Built in 2021 (4 years old).
Condition: This property is an award-winning architectural compound, with the main house completed in 2021, making it virtually brand new. The second house was completed in 2010, but the entire compound is presented as a cohesive, high-design project. The kitchen features integrated, high-end appliances, sleek flat-panel cabinetry, modern countertops, and contemporary lighting. Bathrooms are luxurious with freestanding tubs, large walk-in showers (including a steam shower), modern vanities, and premium finishes. The property boasts polished concrete floors with radiant heating, soaring ceilings, and state-of-the-art systems, all indicative of new construction and top-tier quality with no deferred maintenance.
Year Built
2021
Close
-
List price
$9.98M
Original List price
$9.98M
Price/Sqft
$1,721
HOA
-
Days on market
-
Sold On
-
MLS number
25627211
Home ConditionExcellent
Features
Deck
Pool
Patio
View-

About this home

PALMS HOUSE I & II. Step inside this multiple award-winning architectural compound, a dramatic conception of complementary materials that combine to create modern serenity with multiple living structures bathed in sunlight, and a glassy pool ideally situated between. Extensively featured in the May '22 issue of Architectural Digest, no detail has been spared in this stunning showpiece. A triumph of creative design by renowned architect Kevin Daly, the property was visualized as a multi-generational estate for a contemporary lifestyle. Featuring three separate residences and offering thoughtfully conceived privacy from each one, there are endless possibilities for a seamless work/life balance amid the teeming natural surroundings and just a short walk to the famed shops, and restaurants on Abbot Kinney Boulevard. The main house (Palms II, completed in 2021) spotlights warm wood and screen elements set atop a concrete podium with a broad expanse of glass that provides open sight lines across the property. Complete with 3400 square feet of living space with 4 bedrooms and 3 1/2 baths, details include soaring ceilings, fireplace, polished concrete floors with radiant heating, primary bedroom with private deck and primary bath with steam shower. The second house (Palms I, completed in 2010) places emphasis on framing discrete vistas of trees and sky with apertures arranged from folding perforated metal screens wrapped around the base structure. Complete with 2000 square feet of living space featuring 3 bedrooms and 3 baths, details include soaring ceilings, open dining room, radiant floor heating, kitchen with outdoor dining patio, and a living plant wall designed by Big Red Sun. The ideally positioned guesthouse finishes the third chapter of the trilogy. Artfully executed as a 400 square foot studio, the space provides additional living/sleeping quarters with bath, dual sided fireplace, in-floor heating, and private deck and entrance.The outdoor courtyard is a gathering venue between the spaces, featuring 3 outdoor fireplaces, sport court with NBA regulation hoop, outdoor shower, garden and the pool with retractable cover. Parking for 8 cars (4 for each home and electric chargers in both) and state-of-the-art security systems with cameras complete the practical details of this truly striking and unprecedented property.

Price History

Date
Event
Price
05/30/19
Sold
$1,892,500
06/19/15
Sold
$2,300,000
07/07/05
Sold
$1,275,000
Condition Rating
Excellent

This property is an award-winning architectural compound, with the main house completed in 2021, making it virtually brand new. The second house was completed in 2010, but the entire compound is presented as a cohesive, high-design project. The kitchen features integrated, high-end appliances, sleek flat-panel cabinetry, modern countertops, and contemporary lighting. Bathrooms are luxurious with freestanding tubs, large walk-in showers (including a steam shower), modern vanities, and premium finishes. The property boasts polished concrete floors with radiant heating, soaring ceilings, and state-of-the-art systems, all indicative of new construction and top-tier quality with no deferred maintenance.
Pros & Cons

Pros

Award-Winning Architectural Design: This property is an 'award-winning architectural compound,' extensively featured in Architectural Digest, and designed by renowned architect Kevin Daly, appealing to buyers seeking unique, high-design residences.
Versatile Multi-Structure Living: Comprising three separate residences (main house, second house, guesthouse), it offers exceptional flexibility for multi-generational living, guest accommodations, or a seamless work/life balance with built-in privacy.
Luxurious Amenities & Modern Comforts: The compound boasts a glassy pool with retractable cover, sport court with NBA regulation hoop, multiple outdoor fireplaces, radiant heating, steam shower, and electric car chargers, providing a high-end lifestyle.
Prime Walkable Venice Location: Situated in Venice, the property offers a highly desirable location 'just a short walk to the famed shops, and restaurants on Abbot Kinney Boulevard,' enhancing its lifestyle appeal and potential appreciation.
New Construction & High-Quality Materials: The main house (Palms II) was completed in 2021, featuring modern construction with warm wood, concrete, glass, and polished concrete floors, ensuring contemporary aesthetics and durability.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10746, other record lot size in square feet = 5373. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5800, other record living area = 3736. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
High Price Point & Niche Market: With a list price of nearly $10 million, the property targets a very exclusive and limited buyer pool, which could potentially extend the time on market.
Complex Maintenance Requirements: The presence of three separate structures, a pool, sport court, multiple outdoor fireplaces, and state-of-the-art security systems suggests significant ongoing maintenance and operational costs.
Absence of Central Air Conditioning: While radiant heating is mentioned, the description does not specify a cooling system, which could be a notable drawback for comfort during warmer months in Southern California.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state