RealtyLens
for saleRealtyLens property overview
$1,898,000

1163 Nelrose Ave

Venice, CA, 90291
View more Venice, CA property pages
3Beds
2Baths
1,288Sqft
$1474$/sqft

Listing Notes

This thoughtfully updated Venice bungalow blends privacy, natural light, and a private wellness retreat featuring a sauna and cold plunge, all centered around one of the largest grassy backyards in Venice and designed for effortless indoor outdoor living in one of the Westside's most coveted coastal neighborhoods. A charming front courtyard welcomes you into the residence, where original bay windows flood the living room with natural light and create an inviting space for relaxing or entertaining. The open flow moves seamlessly through the dining area into a minimalist, design-forward kitchen, creating an easy rhythm for everyday living and hosting. French doors extend the living space to a sun drenched dining deck overlooking the expansive backyard complete with a full outdoor kitchen. The grounds offer endless possibilities for entertaining, play, or future customization, while the sauna and cold plunge create a spa-like setting to unwind after a day at the beach. Whitewashed interiors give the home a bright contemporary feel while remaining low maintenance and highly functional. Fully gated and hedged for privacy, the property also features secure parking for two vehicles, enhancing the home's rare compound-like setting. A unique opportunity to enjoy relaxed Venice living just moments from the beach and Abbot Kinney Boulevard.

Market Insights

Above nearby median+11%

$1474/sqft vs a nearby median of $1324/sqft.

Nearby median$1324/sqft
Nearby properties4
Property size1,288 sqft
  • +11% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,288 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.75M$1.56M$1.94M · 33% confidence
vs ask $1.90M+$150k (+7.9%)

Asking price is about 7.9% above where comps + adjustments land — there is room to negotiate.

$1,324/sqft median across 4 tight comps × 1,288 sqft= $1.71M
  • Pre-war character+$43k +2.5%
Cumulative NYC adjustments+$43k+2.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+11% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
No change recorded
Listed
May 9, 2026
Photos
38 photos
Property type
single family
Status
for sale

Photos

Price History

May 9, 2026Initial record
$1,898,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.