A restored World War I-era compound on a rare double lot in Venice just hit the market with a $16.5 million price tag, and it is not exactly shy about its ambitions. The Craftsman-era spread stretches across four detached structures, lawns and layered courtyards, with a large in-ground pool and multiple guest spaces. If it lands anywhere near its asking price, it would leapfrog past previous top sales in the beachside neighborhood and reset the high end of the Venice market.
What’s for sale
According to Christie's International Real Estate, listing agents Weston Littlefield and Alex Howe are bringing the property to market at $16.5 million. The listing notes that the renovated compound offers roughly 6,719 interior square feet on an approximately 10,798-square-foot double lot, with period Craftsman details carefully preserved. The brokers are pitching the setup as a flexible multi-structure compound that could work for multigenerational living, creative studios or guest rentals.
Key features and layout
MLS summaries and listing materials describe a primary 1912 residence, a separate guest cottage, a pool house and an artist studio perched above one of the two-car garages. All told, that configuration adds up to eight bedrooms, about five full baths and an additional half bath. As noted on Zillow, the grounds are organized around a sizable in-ground pool, a cabana and layered drought-tolerant landscaping that carves the property into a series of private outdoor rooms. Interior highlights cited in the MLS include a built-in gym, bespoke millwork, stained glass and restored cedar-shake siding that keeps the homes visually tied to their vintage roots.
Price history and market context
Public records and MLS history indicate the current owners paid about $7.274 million for the lots in May 2021, according to the property entry on Compass. If the home trades at or close to the $16.5 million ask, it would top Venice’s previous price ceiling of roughly $14.6 million from 2017, as reported by the Los Angeles Times. The jump from the 2021 purchase figure to today’s asking price underscores how rare large double-lot compounds are, and how much of a premium buyers are placing on scale in Venice close to Abbot Kinney and the beach.
Design pedigree and what to watch
Design firm Electric Bowery is credited with the recent reimagining of the compound, and local agents are quick to flag that pedigree as a major part of the value proposition. As O'Connor Estates notes in its listing remarks, the property reads as "deeply aligned with an older version of Venice," mixing historic texture with updated livability. Whether a buyer is willing to pay a record-setting price will hinge on how the market responds this spring to the combination of design cred and a large, hard-to-repeat footprint in Venice.
