RealtyLens
for saleRealtyLens property overview
$2,150,000

2416 Penmar Ave

Venice, CA, 90291
View more Venice, CA property pages
3Beds
3.5Baths
2,424Sqft
$887$/sqft

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

Below nearby median-40%

$887/sqft vs a nearby median of $1474/sqft.

Nearby median$1474/sqft
Nearby properties5
Property size2,424 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

Yardstick fair value$3.57M$3.22M$3.92M · 42% confidence
vs ask $2.15M−$1.42M (−66.2%)

Asking price is about 66.2% below the fair value — likely to draw competing offers if it's still on market.

$1,474/sqft median across 5 tight comps × 2,424 sqft= $3.57M
  • Modern construction+$54k +1.5%
  • Sparse street life−$54k −1.5%
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position-40% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

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

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

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

Features & Amenities

Central AirCentral HeatCity ViewOutdoor SpaceSecurity FeaturesDen Or OfficeDining RoomHardwood FloorsHill Or Mountain ViewViewTwo Or More StoriesGarage 1 Or MoreGarage 2 Or MoreGourmet KitchenHigh CeilingFloor PlanMedia RoomEnsuite

Photos

Price History

May 8, 2026Initial record
$2,150,000for 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.