1385 Palms Boulevard, Venice, California 90291, Venice, 90291 - 5 bed, 6 bath

1385 Palms Boulevard, Venice, California 90291 home-pic-0
ACTIVE$5,750,000
1385 Palms Boulevard, Venice, California 90291
5Beds
6Baths
4,012Sqft
8,174Lot
Year Built
2016
Close
-
List price
$5.75M
Original List price
$5.92M
Price/Sqft
$1,433
HOA
-
Days on market
-
Sold On
-
MLS number
25614083
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $5.75M(97th), sqft - 4012(93th), beds - 5(88th), baths - 6(91th).

This stunning Venice estate masterfully combines the perfect balance of modern luxury, comfort and privacy. Built in 2016, this spacious home was designed for seamless indoor-outdoor living, featuring high ceilings, expansive windows, and floor-to-ceiling sliding glass doors that welcome the exterior spaces and fill the home with natural light. Elegant finishes, including concrete and oak flooring, plastered walls, and custom cabinetry, add to the sophisticated ambiance. The primary suite is a private retreat with a walk-in closet, a lavish bathroom, and its own private deck. Outside, enjoy California living at its finest with a heated in-ground pool and spa, a fire pit, and a barbecue area, perfect for relaxation and entertaining. There are three additional generously-sized bedrooms, each with their own en-suite bathroom. The home also features a two-car detached garage and modern security features. A guesthouse with its own bath and private deck above the garage offers additional space for living, work, or leisure. Situated in the vibrant Venice neighborhood, close to dining, attractions, and entertainment, this home is ultimate blend of indulgence and convenience.

Price History

Date
Event
Price
12/12/25
Price Change
$5,750,000-2.9%
11/03/25
Listing
$5,920,000
07/24/24
Sold
$4,671,000
10/25/16
Sold
$3,625,000
04/17/15
Sold
$1,150,000
10/21/93
Sold
$157,500
Condition Rating
Excellent

Built in 2016, this property is practically new and exemplifies modern luxury. The kitchen features custom wood cabinetry, high-end integrated appliances, concrete countertops, and contemporary lighting, all in pristine condition. Bathrooms are equally lavish with modern vanities, vessel sinks, glass-enclosed showers with subway tiling, and dark mosaic floors. Throughout the home, oak and concrete flooring, plastered walls, and expansive windows contribute to a sophisticated, move-in ready aesthetic with no signs of wear or deferred maintenance. All systems and finishes meet current quality standards.
Pros & Cons

Pros

Prime Venice Location: Situated in the vibrant Venice neighborhood, the property offers excellent proximity to dining, attractions, and entertainment, enhancing its desirability and lifestyle appeal.
Modern Luxury & Design: Built in 2016, the home features contemporary architecture with high ceilings, expansive windows, floor-to-ceiling sliding glass doors, and elegant finishes like concrete and oak flooring, promoting seamless indoor-outdoor living and abundant natural light.
Extensive Outdoor Amenities: The property boasts a heated in-ground pool and spa, a fire pit, and a barbecue area, providing exceptional spaces for relaxation and entertaining in a private setting.
Versatile Guesthouse: A dedicated guesthouse with its own bath and private deck above the detached garage offers flexible additional space for living, work, or leisure, adding significant value and functionality.
Luxurious Accommodations: The primary suite is a private retreat with a lavish bathroom and deck, complemented by three additional generously-sized bedrooms, each featuring its own en-suite bathroom, ensuring comfort and privacy for all residents.

Cons

Recent Price Adjustment: The property has undergone a recent price reduction from $5.92M to $5.75M, which may indicate an initial overpricing or slower market absorption, potentially influencing buyer perception.
Significant Appreciation from Last Sale: The current list price of $5.75M represents a substantial increase from its last recorded sale in 2024 at $4.671M, which may require thorough justification to potential buyers regarding market value and added improvements.
Ongoing Maintenance Costs: The extensive luxury amenities, including a heated pool, spa, fire pit, and barbecue area, will incur significant ongoing maintenance and utility costs, which could be a consideration for budget-conscious buyers.

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