2040 Glencoe Avenue
Venice, CA, 90291
$4,748,000
MLS: 25576683
Beds
4
Baths
5
Sq Ft
3,800
Lot
0.13 ac
Year Built
2026
MLS #
25576683
Days on Market
142
Listed
Aug 10, 2025
Description
Customize Your Dream Home in Venice! Construction is underway on this stunning modern farmhouse in the heart of Venice, and now is the time to make it your own. The finished residence will span approximately 3,800 sq ft with a 550 sq ft ADU. The envisioned design includes a dramatic two-story entry, open-concept living and dining areas, a chef's kitchen with pantry, family room, covered patio, and ADU on the main floor. Upstairs, a grand staircase leads to three en-suite bedrooms and a luxurious primary suite with balcony. With framing and layout already in motion, buyers still have the opportunity to personalize finishes, materials, and design details to create a true dream home. The seller, a seasoned developer with multiple Pacific Palisades projects, offers expert craftsmanship while allowing end users to put their unique style into the completed property. Located just steps from Venice's best restaurants, cafes, and vibrant neighborhood energy, this home represents the perfect balance of turnkey new construction and personal customization.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Angie Noggle · The Agency
Payment estimate
$33,282
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $474,800 · Loan: $4,273,200
- Principal & Interest
- $26,255
- Property tax (1.25%)
- $4,946
- Homeowners insurance
- $300
- Mortgage insurance
- $1,781
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Venice home with as little as 3.5% down using an FHA loan — roughly $166,180 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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