Sold for $2,980,000 on 01/02/24
$2,980,000
1246 Preston Way, Venice, CA 90291
5beds
7,680sqft
Residential
Built in 1952
0.25 Acres Lot
$4,606,600 Zestimate®
$388/sqft
$8,139 Estimated rent
Home value
$4,606,600
$3.73M - $5.67M
$8,139/mo
Zestimate® history
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What's special
Set on a prime Venice Big Lot, mid-block on coveted Preston Way, this investment represents an opportunity to build one of Venice's most significant contemporary residences. Architectural firm, Woods + Dangaran, AIA masterfully explore and define this luxurious space set on an extraordinary lot of nearly 11,000sf (63 feet wide by 173 feet deep). Woods + Dangaran were commissioned to design a timeless modernist home with a clean and classic aesthetic. The subtle layout of the home was intentional to offer a distinctive and different addition to the neighborhood. A diligent focus on light coupled with a fluid integration of indoor/outdoor transition and landscape creates a sanctuary of warmth and privacy that is quietly luxurious and elegantly fluid.Setback, shrouded in privacy from the street, the main residence of 3 levels provides every conceivable amenity with the utmost attention to quality, detail, function and refined finishes. Skylights and walls of glass beam light into the gourmet kitchen with large center isle/built in seating and high ceilings. The kitchen opens to an opulent living room framed by front meditation courtyard and entertainment loggia/ grassy backyard. A separate prep kitchen also overlooks the swimmer's pool yard. Interior atrium halls with floor to ceiling glass walls, a flanked water feature and landscape artfully guide one through the first and second floor levels. Both the upstairs and basement mark a continuation of spatial experiences. The entire upstairs rear wing features a lavish primary suite with walk in closet and spa like bath that is separated from two additional bedrooms and a separate reading room. The 2,400sf basement is simply amazing. Mature Japanese Maple trees rise from the basement floor to the first-floor courtyard atrium. A flexible basement features a 300-bottle wine cellar, full media room, open bar, separate private office, private guest suite, elevator to all three floors and complete gym. A detached 450sf ADU/pool house with private bedroom complements this stunning architectural compound.
Zillow last checked: 8 hours ago
Listing updated: January 02, 2024 at 01:04pm
Listed by:
Todd Stein DRE # 01879814 310-502-8081,
Campbell Wellman Properties 310-437-5333
Bought with:
Jeffrey T. Sandorf, DRE # 01396545
Compass
Source: CLAW,MLS#: 23-292087
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Laundry Room
Features
- Flooring: Hardwood
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 7,680
- Total interior livable area: 7,680 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 2
- Pool features: In Ground
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.25 Acres
- Dimensions: 63 x 174
Details
- Additional structures: Guest House, Detached Guest House
- Parcel number: 4244027015
- Zoning: LAR1
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential
Condition
- Year built: 1952
Utilities & green energy
- Sewer: In Street
- Water: District
Community & neighborhood
Security
- Security features: Other
Location
- Region: Venice
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2024 | Sold | $2,980,000-6.7%$388/sqft |
Source: | ||
| 12/29/2023 | Pending sale | $3,195,000$416/sqft |
Source: | ||
| 9/7/2023 | Listed for sale | $3,195,000$416/sqft |
Source: | ||
| 9/6/2023 | Contingent | $3,195,000$416/sqft |
Source: | ||
| 7/19/2023 | Listed for sale | $3,195,000+12.1%$416/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,064 -38.7% | $2,003,294 -38.2% |
| 2024 | $39,250 +2% | $3,242,810 +2% |
| 2023 | $38,481 +4.9% | $3,179,226 +2% |
Find assessor info on the county website
Neighborhood: Venice
Nearby schools
GreatSchools rating
- 8/10Walgrove Avenue Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Mark Twain Middle School and World Languages MagnetGrades: 6-8Distance: 0.6 mi
- 8/10Venice Senior High SchoolGrades: 9-12Distance: 0.7 mi
Get a cash offer in 3 minutes
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Estimated market value
$4,606,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,606,600

