2115 Walnut Avenue, Venice, California 90291, Venice, 90291 - 5 bed, 6 bath

2115 Walnut Avenue, Venice, California 90291 home-pic-0
ACTIVE$4,895,000
2115 Walnut Avenue, Venice, California 90291
5Beds
6Baths
3,870Sqft
5,787Lot

Price Vs. Estimate

The estimated value ($4,557,696.68) is $337,303.32 (6%) lower than the list price ($4,895,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: This brand-new residence (Year Built 2025) boasts striking architecture, elevated design, warm organic finishes, and high-end designer touches throughout, offering contemporary luxury.
Top Cons:
Aggressive Pricing Strategy: The $4.895 million list price is substantial, and the property's estimated value is 4% below this, potentially indicating an aggressive pricing strategy that may require strong justification.

Compared to the nearby listings

Price:$4.89M vs avg $2.29M (+$2,604,500)94%
Size:3,870 sqft vs avg 1,831.5 sqft93%
Price/sqft:$1.3K vs avg $1.3K45%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand-new residence, built in 2025, featuring striking architecture and high-end designer finishes throughout. The description highlights a gourmet kitchen with Wolf and Sub-Zero appliances and custom cabinetry, and the images showcase spa-like bathrooms with modern fixtures and luxurious tiling. All components are new, meeting current quality standards with integrated smart home technology and energy-efficient systems, indicating no deferred maintenance and minimal physical depreciation.
Year Built
2025
Close
-
List price
$4.89M
Original List price
$4.89M
Price/Sqft
$1,265
HOA
-
Days on market
-
Sold On
-
MLS number
25566181
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
ViewPool

About this home

Welcome to your new coastal lifestyle in the heart of Venice, where warm organic finishes, striking architecture, and elevated design converge just blocks from the sand. Inspired by desert-modern aesthetics, this brand-new residence offers rare privacy and effortless indoor-outdoor flow, all wrapped in a relaxed, sophisticated tone that defines modern Venice living. A grand entry opens to an expansive, light-filled floor plan with oversized Italian porcelain tile, a media lounge, formal dining area, and an open-concept kitchen outfitted with Wolf and Sub-Zero appliances, custom cabinetry, a walk-in pantry and an oversized island that anchors the fire-lit living space. Fleetwood-style retractable glass doors dissolve the boundary between indoors and out, unveiling a lush resort-style backyard with a custom pool and spa, built-in al fresco dining, and a fully equipped guest house with corner pocket doors ideal as a creative studio, office, gym, or luxe guest suite. Mature ficus hedges surround the property in complete privacy. Upstairs, floating French oak stairs lead to a sun-drenched primary suite with a private terrace, spa-like bath, custom bar, and a sleek European-style walk-in closet. Three additional en-suite bedrooms, a laundry room, and a central lounge complete the upper level. This smart home features integrated sound, lighting, security, and climate control, alongside energy-efficient systems for modern, sustainable living and thoughtfully curated with high-end designer finishes throughout. Set on a rare oversized lot just blocks from Abbot Kinney, Rose Avenue, Erewhon, and the Venice Boardwalk, this home is the perfect blend of architectural distinction and coastal convenience. Whether you're entertaining under the stars or unwinding by the pool, every inch of this home is designed to elevate Venice living to its highest form.

Price History

Date
Event
Price
12/03/93
Sold
$265,000
04/08/22
Sold
$1,900,000
Condition Rating
Excellent

This property is a brand-new residence, built in 2025, featuring striking architecture and high-end designer finishes throughout. The description highlights a gourmet kitchen with Wolf and Sub-Zero appliances and custom cabinetry, and the images showcase spa-like bathrooms with modern fixtures and luxurious tiling. All components are new, meeting current quality standards with integrated smart home technology and energy-efficient systems, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

New Construction & Modern Design: This brand-new residence (Year Built 2025) boasts striking architecture, elevated design, warm organic finishes, and high-end designer touches throughout, offering contemporary luxury.
Premier Coastal Venice Location: Situated in the highly sought-after heart of Venice, just blocks from the sand, Abbot Kinney, Rose Avenue, Erewhon, and the Venice Boardwalk, providing unparalleled coastal convenience and lifestyle.
Luxury Finishes & Appliances: The property features a gourmet kitchen outfitted with Wolf and Sub-Zero appliances, custom cabinetry, oversized Italian porcelain tile, and sleek European-style walk-in closets, reflecting superior quality.
Exceptional Indoor-Outdoor Living: Offers effortless indoor-outdoor flow with Fleetwood-style retractable glass doors, leading to a lush resort-style backyard with a custom pool, spa, built-in al fresco dining, and complete privacy.
Integrated Smart Home & Guest House: Equipped with integrated smart home technology for sound, lighting, security, and climate control, alongside energy-efficient systems, and includes a fully equipped, versatile guest house.

Cons

Aggressive Pricing Strategy: The $4.895 million list price is substantial, and the property's estimated value is 4% below this, potentially indicating an aggressive pricing strategy that may require strong justification.
Urban Proximity Trade-offs: While offering coastal convenience, the close proximity to popular Venice attractions may lead to increased noise and traffic, potentially impacting the desired tranquility for some luxury buyers.
Specific Architectural Style: The distinct 'desert-modern aesthetics' and striking architecture, while high-end, might not universally appeal to all luxury buyers, potentially narrowing the market.

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