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$16,500,000
MLS: 26831029
Beds
8
Baths
6
Sq Ft
6,719
Lot
0.25 ac
Year Built
1912
MLS #
26831029
Days on Market
1
Listed
May 7, 2026
Description
Welcome to the Venice Compound (649 & 637 Palms Blvd), a charming restored Craftsman property thoughtfully reimagined by award-winning designer and architects Electric Bowery. Set on an exceptionally rare double lot along one of Venice Beach's most desirable streets, just moments from Abbot Kinney's celebrated shops and restaurants, the property represents a compelling convergence of design pedigree, scale, and location. More than a home, the property offers a rare and thoughtfully composed living experience defined by architectural character, privacy, and an exceptional connection to its surroundings. Comprising four detached structures set across expansive, landscaped grounds, the estate unfolds with a level of scale, versatility, and indoor-outdoor flow rarely found in Venice. The layout is carefully orchestrated to balance privacy with versatility, allowing each structure to function independently while remaining cohesively connected. Well suited for multigenerational living, guest accommodations, creative studios, or wellness spaces, the property offers a level of flexibility and livability that is both refined and highly functional. Layered outdoor courtyards unfold throughout the property, framed by lush, drought-tolerant landscaping and a series of inviting gathering spaces. Designed to accommodate both relaxed daily living and larger-scale entertaining, the grounds feel intimate yet expansive, with a natural sense of flow between each setting. Architectural details including cedar shake siding, custom stained glass, bespoke millwork, and thoughtfully curated finishes pay homage to the integrity of the original Craftsman design, while subtly refining it for a more elevated, modern way of living.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Weston Littlefield · Christie's International Real Estate SoCal
Payment estimate
$117,635
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $1,650,000 · Loan: $14,850,000
- Principal & Interest
- $93,960
- Property tax (1.25%)
- $17,188
- Homeowners insurance
- $300
- Mortgage insurance
- $6,188
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $577,500 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.
Local Market Stats
See Venice, CA 90291 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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