Venice Homes Under $5,000,000

$4,000,000 to $5,000,000 Homes For Sale Venice, CA

Houses and Condos for sale under $5,000,000 in Venice, CA

Hot Homes Under $5,000,000

$4,695,000
5 Beds 6 Baths 26985519 MLS
2132 Walnut Avenue is a newly built private resort-style estate in the heart of Venice, masterfully crafted by renowned luxury home builder Atelier Berne. Blending timeless Spanish Riviera architecture with contemporary sophistication, this exceptional residence showcases smooth stucco, solid hemlock wood accents, NuVista doors opening wall to wall and large windows throughout, limestone pavers, and lush, professionally landscaped grounds with complete hedging for total privacy and a fully automated irrigation. Designed for effortless luxury, the home features a private gated entrance, integrated security cameras, built-in speakers, full AV wiring, dual-zoned HVAC, dual 50-gallon recirculating water heaters, and a Lutron lighting system, offering seamless comfort, convenience, and control. Inside, every detail reflects refined craftsmanship: White oak hardwood floors, hand-applied Meoded plaster walls, custom rift-cut white oak cabinetry, striking Taj Mahal quartzite countertops, premium Thermador appliances, and designer lighting create an atmosphere of understated elegance throughout. The primary suite is a private sanctuary, offering a spa-inspired bath complete with a steam shower, separate tub, gorgeous shower, thoughtfully curated designer fixtures and a spacious walk-in closet. Each additional en-suite bedroom is finished with the same elevated level of detail, while versatile living spaces provide exceptional flexibility. A secondary bedroom easily functions as a sophisticated home office, and the ADU offers endless possibilities as a guest suite, lounge, or studio, complete with a kitchenette, full bath, and direct access to the outdoor living areas. Created for seamless indoor-outdoor living, this one-of-a-kind residence embodies the very best of Westside luxury, privacy, and versatility. Just a short bike ride from Venice Beach, Abbott Kinney, Rose Avenue, neighborhood farmers markets, and local parks, 2132 Walnut Avenue offers an extraordinary lifestyle in one of the Westside' most sought-after coastal communities - Venice Beach. A rare opportunity and an absolute must-see!

2132 Walnut Avenue, Venice

$4,295,000
5 Beds 7 Baths 26874913 MLS
Exceptional architectural wellness retreat in the heart of Venice just moments from Abbot Kinney Boulevard, Rose Avenue, Venice Beach, and the iconic Ocean Front Walk. This custom-built 5 Bedroom, 7 Bathroom + Theater + Gym residence blends refined architectural design with seamless indoor-outdoor living and resort-style amenities. Warm organic tones, curated natural materials, and expansive steel-framed doors and windows create a dramatic yet calming atmosphere filled with natural light throughout.The chef's kitchen is equipped with top-of-the-line Miele appliances, custom cabinetry, and an oversized center island designed for both everyday living and entertaining. Expansive living and dining spaces open to a private courtyard featuring a built-in BBQ, fire-pit, oversized Jacuzzi, and cold plunge, creating a rare private wellness experience at home.The primary suite offers a true retreat with a spa-inspired bathroom featuring a freestanding soaking tub, wet and dry sauna, walk-in closet, and private balcony. Additional en-suite bedrooms provide flexibility for guests, offices, or creative spaces. A dedicated media room adds to the home's thoughtful layout and functionality. The expansive rooftop deck captures panoramic views and offers the perfect setting for outdoor dining, lounging, or entertaining. Additional features include a gated three-car garage, premium finishes throughout, and a prime location near Venice's best dining, shopping, and beaches. A rare offering that combines architecture, wellness, privacy, and modern California living.

745 Sunset Avenue, Venice

$4,150,000
4 Beds 3 Baths 26865737 MLS
Location, location, location! This modern craftsman, Designed by Payson Denney Architects sanctuary sits on one of Venice's most coveted addresses the 800 block Walk Street of Amoroso which sits right in the middle. Arrive to a front porch framed by the lush, layered gardens of renowned Venice landscape designer Jay Griffith. Featuring electric porch heaters, a gas garden fireplace, and outdoor dining table make this a true outdoor room. Inside, high ceilings and a living room fireplace set the tone. Glass panel doors slide open to the front garden, letting the coastal air in and nature feel close perfect for Sunday morning neighbor hellos or an easy flow between indoors and out. The gourmet kitchen is serious: Viking double-oven range, stainless appliances, center island, breakfast nook, double dishwashers, and two wine refrigerators. Off the kitchen, a cozy den opens to a private back garden with electric heaters, a redwood hot tub, and outdoor shower rinse off after a surf session, then stay for the party. A powder room and laundry room round out the main level.Upstairs, the primary retreat is its own world. A steam shower and soaking tub, custom walk-in closet, and a Romeo and Juliet balcony made for early morning coffee or a late afternoon with a book. Three more bedrooms, an additional bathroom, and a private office complete the upper level.Also included are, solar panels, electric car hook up, and a California basement make this special Venice retreat Move-in ready. Stroll to Abbot Kinney and walk to the beach. A truly special one of kind irreplaceable home on the Venice Walk Streets.

821 Amoroso Place, Venice

$4,799,000
4 Beds 5 Baths 26862377 MLS
Stunning modern home located in the heart of Venice! Close to everything Venice has to offer including Abbot Kinney and Rose ave shops, trendy restaurants, Venice beach boardwalk and Penmar golf course. Built in 2019, this recently constructed home features an open floor plan with 4 bedrooms, 5 bathrooms and over 4,400 square feet. This home is an entertainer's paradise with an oversized roof deck with panoramic views as well as an outdoor courtyard with soaking pool and Fleetwood style glass sliders for the perfect indoor/outdoor feel. The home features high ceilings and oversized windows that create an inviting ambiance with tons of natural light. Enjoy the spacious formal living room and family room perfect for entertaining. The designer chef's kitchen is equipped with Miele appliances, custom cabinets and a cascading marble island that overlooks the family room and backyard patio. Upstairs, the oversized master suite features a large walk-in closet and a spa-like bathroom with a freestanding soaking tub, dual vanity and glass shower. Additionally, there is a lounge area, laundry room and three additional ensuite bedrooms. Finally, the rooftop terrace offers a perfect spot to entertain guests or simply relax and enjoy the breathtaking views from the mountains to the ocean. With features such as a stunning floating staircase, numerous built-in smart home features, 2-car garage and driveway parking, this property is an exceptional find. Don't miss out on this Venice gem!

2319 Penmar Avenue, Venice

$4,895,000
5 Beds 6 Baths 26844959 MLS
Call for Private Showings. Set along one of Venice's most sought-after streets, 1620 Electric Avenue is a striking contemporary residence. The home showcases a thoughtful balance of architectural integrity and natural light, paired with effortless livability offering a sophisticated expression of contemporary coastal living. Located just one block from Abbot Kinney Boulevard widely considered the heartbeat of Venice the property sits on iconic Electric Avenue, a quiet, tree-lined enclave long favored by artists, musicians, and notable creatives seeking privacy while remaining moments from the area's vibrant shops, restaurants, and the beach. Over the years, the street has attracted celebrated residents drawn to its unique blend of seclusion, creativity, and authentic Venice character.The five-bedroom, six-bath residence offers refined contemporary living across every level. Wide-plank oak floors guide you through an open-concept main level anchored by a chef's kitchen featuring marble countertops, custom cabinetry, and a dramatic waterfall island. Expansive telescoping glass doors create seamless indoor-outdoor flow to a private yard with a sparkling pool, ideal for both entertaining and relaxed California living.The lower level is designed for exceptional leisure, complete with a state-of-the-art theater with a 110-inch screen, a 500+ bottle wine cellar, and a spacious game room. Upstairs, five luxurious bedroom suites provide light-filled private retreats, culminating in a residence that delivers a true architectural statement in one of Venice's most culturally rich and desirable locations.

1620 Electric Avenue, Venice

$4,999,889
10 Beds 14 Baths 26829101 MLS
BACK ON MARKET BUYER DID NOT PERFORM WITHIN CONTRACTUAL TIMEFRAMES. NO FAULT OF THE PROPERTY. REO LENDER-OWNED PREMIER 5-UNIT TROPHY ASSET ON THE VENICE CANALS. PRICED TO SELL. SELLER MAY CONSIDER FINANCING FOR A QUALIFIED BUYER WITH 20% DOWN. ALL UNITS EXCEPT UNIT 4 CAN BE DELIVERED VACANT. Rare opportunity to acquire a LENDER - OWNED luxury 5-unit property on an expansive private corner lot along the iconic Venice Canals. Offered at a substantially reduced price, this exceptional coastal asset presents a compelling opportunity for investors, owner-users, and value-add buyers seeking a trophy property in one of Venice's most desirable waterfront locations.Substantially rebuilt with high-quality materials and thoughtful architectural design, the property combines strong income potential with exceptional owner-user appeal.The centerpiece is a sophisticated 4-bedroom, 5-bath waterfront residence featuring a private elevator, 3-car garage, multiple expansive decks, and direct canal frontage. The open, modern floor plan includes a formal living room with fireplace and custom built-ins, a dining area with French doors opening to the canal-front yard, and a chef's kitchen with custom cabinetry, travertine countertops, stainless steel appliances, center island with bar seating, and walk-in pantry.The private canal-front yard offers an ideal setting for entertaining and indoor-outdoor living. Upper levels feature dual primary suites with spa-style bathrooms, fireplaces, seating areas, and private balconies overlooking the canals. The residence is offered fully furnished and turnkey.The remaining four units are finished to a comparable standard and consist of two 3-bedroom, 3-bath townhouse-style residences and two 1-bedroom, 1.5-bath single-level units. Each features central HVAC, in-unit laundry, fireplaces, travertine finishes, generous storage, and high-end appliances.The property offers a total of 10 parking spaces, including a 3-car garage for the main residence and seven additional spaces.Ideally located just two blocks from the beach and moments from premier dining, shopping, and entertainment, this property offers a rare combination of waterfront location, scale, income potential, owner-user flexibility, and long-term upside.An exceptional opportunity for investors seeking a high-quality income-producing coastal asset or an owner-user desiring a flagship Venice Canals residence with supplemental income.LENDER-OWNED REO PROPERTY. Listing Agent holds a partial ownership interest in the entity that owns the property. Information is deemed reliable but not guaranteed. Buyer shall independently investigate and verify all aspects of the property, including square footage, permits, zoning, condition, financial information, rental income and expenses, occupancy, and any existing or potential use, including short-term rental eligibility. Property is being sold in its present condition. Seller and Broker make no warranties or representations regarding the property or any particular use.

3005 Grand Canal, Venice

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