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247 Windward Avenue, Venice, California 90291, Venice, 90291 - 1 bed, 1 bath

247 Windward Avenue, Venice, California 90291 home-pic-0
ACTIVE$1,675,000
247 Windward Avenue, Venice, California 90291
1Bed
1Bath
820Sqft
2,850Lot

Price Vs. Estimate

The estimated value ($1,317,462.36) is $357,537.64 (21%) lower than the list price ($1,675,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location: The property boasts a prime Venice location, being mere minutes from the beach and moments from trendy shops and restaurants on Abbot Kinney and Windward Ave.
Top Cons:
Limited Living Space: With only 1 bedroom, 1 bathroom, and 820 sqft, the property offers restricted living space, potentially limiting its appeal to a smaller buyer demographic (singles or couples).

Compared to the nearby listings

Price:$1.68M vs avg $2.28M ($-607,500)17%
Size:820 sqft vs avg 1,818 sqft7%
Price/sqft:$2.0K vs avg $1.3K94%

More Insights

Built in 1920 (105 years old).
Condition: Despite being built in 1920, the property has clearly undergone extensive, high-quality, and recent renovations. The description highlights a 'large kitchen' and a 'bright and modern bathroom with a walk-in shower,' indicating contemporary updates. Features like 'seamless indoor/outdoor living,' a 'stunning backyard deck with built-in fire pit,' and an 'oversized one car garage with laundry perfect as a flex space or studio' all point to a property where all components are new or virtually new, meeting current quality standards with no deferred maintenance. This aligns with the 'Excellent' criteria for a fully renovated property.
Year Built
1920
Close
-
List price
$1.68M
Original List price
$1.68M
Price/Sqft
$2,043
HOA
-
Days on market
-
Sold On
-
MLS number
25518733
Home ConditionExcellent
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

Beautiful Venice craftsman bungalow with seamless indoor/outdoor living mere minutes from the beach. The wonderful, open floor plan features a large kitchen and living/great room with a pitched ceiling and double french doors to the back deck for easy entertaining. The spacious bedroom and sitting area connects to a private office with access to a front patio flanked by lemon trees. Large windows bring nature inside and flood each room with light. Quintessential California living with multiple hardscaped outdoor spaces, including a stunning backyard deck with built-in fire pit and outdoor surf shower. An oversized one car garage with laundry is perfect as a flex space or studio. A bright and modern bathroom with a walk-in shower and additional off-street parking for one car complete this gorgeous home. This secure, gated property is moments from the best of Venice, including the trendy shops and restaurants of Abbot Kinney and Windward Ave.

Price History

Date
Event
Price
06/01/01
Sold
$467,000
03/11/99
Sold
$345,000
06/29/18
Sold
$1,788,000
04/26/16
Sold
$1,420,000
11/26/02
Sold
$545,000
Condition Rating
Excellent
Despite being built in 1920, the property has clearly undergone extensive, high-quality, and recent renovations. The description highlights a 'large kitchen' and a 'bright and modern bathroom with a walk-in shower,' indicating contemporary updates. Features like 'seamless indoor/outdoor living,' a 'stunning backyard deck with built-in fire pit,' and an 'oversized one car garage with laundry perfect as a flex space or studio' all point to a property where all components are new or virtually new, meeting current quality standards with no deferred maintenance. This aligns with the 'Excellent' criteria for a fully renovated property.
Pros & Cons

Pros

Exceptional Location: The property boasts a prime Venice location, being mere minutes from the beach and moments from trendy shops and restaurants on Abbot Kinney and Windward Ave.
Seamless Indoor/Outdoor Living: Designed for quintessential California living, it features seamless indoor/outdoor flow with double French doors to a back deck, multiple hardscaped outdoor spaces, a built-in fire pit, and an outdoor surf shower.
Charming Craftsman Architecture & Natural Light: A beautiful Venice craftsman bungalow with a pitched ceiling and large windows that flood each room with natural light, enhancing its aesthetic appeal.
Versatile Flex Spaces: Includes a private office with front patio access and an oversized one-car garage with laundry, perfect for use as a flex space or studio, adding significant functional value.
Convenient Parking & Security: Offers valuable off-street parking for one car and is a secure, gated property, providing convenience and peace of mind in a desirable area.

Cons

Limited Living Space: With only 1 bedroom, 1 bathroom, and 820 sqft, the property offers restricted living space, potentially limiting its appeal to a smaller buyer demographic (singles or couples).
Significant Price Discrepancy: The list price of $1.675M is substantially higher than the estimated property value of $1.317M and comparable 2-bedroom properties, suggesting a potential overvaluation in the current market.
Potential Age-Related Maintenance: Built in 1920, despite its charm and modern bathroom, the property may have underlying age-related issues or require updates to major systems (e.g., plumbing, electrical, HVAC) not explicitly detailed as addressed.

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