Treat this as historical market context until the listing data refreshes.
2416 Penmar Ave
Listing Notes
Modern architectural home in the heart of Venice's Silicon Beach offering 3 bedrooms, 4 bathrooms, and 2,424 square feet of thoughtfully designed living space. Built in 2021, this multi-level residence blends contemporary design with effortless indoor-outdoor living just blocks from Abbot Kinney Boulevard and the beach. Bright and airy interiors showcase high ceilings, wide-plank oak floors, and expansive walls of glass that invite in abundant natural light and ocean breezes. The main living level is ideal for entertaining, featuring an open-concept layout with a spacious living room, dining area, powder room, and a gourmet kitchen appointed with custom cabinetry, marble countertops, and premium GE Monogram appliances. Fleetwood sliding glass doors create a seamless transition to a generous balcony, ideal for dining al fresco or hosting gatherings. The flexible floor plan includes three well-appointed bedrooms, each paired with beautifully finished bathrooms, offering comfort and versatility for a range of lifestyles. The top-level primary suite serves as a private retreat, complete with a walk-in closet and an expansive terrace capturing sweeping city and mountain views. The spa-inspired en suite bathroom features dual vanities and a glass-enclosed shower finished with travertine tile. A versatile ground-level living space opens to a lushly landscaped courtyard, providing a serene setting that can easily function as a media room, gym, or private home office. Additional highlights include integrated surround sound, a water filtration system, and a convenient upper-level side-by-side laundry area. Ideally located in one of Venice's most sought-after neighborhoods, this home is just moments from the shops, dining, and vibrant energy of Abbot Kinney, as well as the iconic Venice Beach. A rare opportunity to own a newer construction residence that embodies the best of coastal California living.
Market Insights
$887/sqft vs a nearby median of $1474/sqft.
- -40% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,424 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 66.2% below the fair value — likely to draw competing offers if it's still on market.
- Modern construction+$54k +1.5%
- Sparse street life−$54k −1.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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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
- 5 days
- Last price change
- No change recorded
- Listed
- May 7, 2026
- Photos
- 24 photos
- Property type
- single family
- Status
- for sale
- Last sold
- Nov 8, 2022 · $1,900,000
- Garage
- 2 spaces