25578529_7cd5cd6b-28e3-4cd5-82fd-fbd59f8
1 / 38

949 Nowita Place, Venice, CA 90291

$3.69M3bd · 2ba · 1,687 sqft
Lot 6,375 sqft•Single Family Residence•
Active
•86d on market•MLS# 00-25578529

Property Description

On one of Venice's rarest addresses, Nowita Place, a true Walk Street where cars give way to charming pedestrian pathways, lush gardens, and idyllic front porches, sits Nowita Art House, a residence of quiet reinvention. Set on an expansive 6,375-square-foot double lot, this meticulously reimagined 2-bedroom, 2-bathroom minimalist modern Craftsman features a palette of warm natural materials and an effortless connection to the surrounding landscape. Enveloped by a perimeter of bamboo trees, the property offers a remarkable sense of privacy. A magnificent mature eucalyptus tree creates a natural canopy over the grounds, while travertine pathways lead to a generous lawn, outdoor living spaces designed for entertaining, dining, and quiet moments, and a secluded fire pit nook framed by Marina strawberry trees. A cedar tub and cedar sauna further enhance the tranquility of this special retreat. Landscape design by Reger Regenerative. Inside, soaring 20-foot vaulted ceilings fill the living room with light and air, creating an extraordinary sense of volume. Expansive windows frame the surrounding landscape, filling the home with natural light and creating a seamless connection between the interior and gardens. White oak and limestone bring warmth and texture throughout. The fully renovated detached guest house offers exceptional flexibility as a creative studio, home office, wellness space, or private retreat. A rarity on the Venice Walk Streets, the property offers parking for up to six vehicles. Nowita Art House was thoughtfully reimagined by its owner, whose longstanding interest in architecture and preservation includes the stewardship of Los Angeles' iconic Sowden House.

Features & Amenities

FeeBuilt 1911

Property Details

Land Type
Fee
Year Built
1911
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
Flooring
Wood
City
Venice
Zip Code
90291
County
Los Angeles
Listed byCompass, Tracey Becker

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$18,683.93
Principal & Interest
Loan Amount
$2,956,000
Total Interest
$3,770,215
Total Payment Over 30 Years
$6,726,215
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

949 Nowita Place, Venice, CA 90291

Venice · Single Family Residence

$3.69M
Luxury Tier
Beds
3
Baths
2
Sqft
1,687
Lot
6,375 sqft
Year
1911
$/Sqft
$2190
Pool: No✓
Spa: Yes✓

Listed 60.7% above the median closed sale of $2,300,000. Price per sqft ($2,190) is a 54% premium to closed comps ($1,426). Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $3.69M· $2,190/sqft
Total list price
Closed comps
vs closed median $2.30M
+$1.40M (+60.7%)
Active comps
vs active median $2.50M
+$1.20M (+48.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,619
+$571 (+35.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1031 Lake StreetVenice1951321,6045,378$1,431$2.29M1679
416 Brooks AvenueVenice1908321,3645,200$1,829$2.50M2677
718 Valita StreetVenice1956221,5035,097$964$1.45M973
652 Woodlawn AvenueVenice1912331,8404,187$1,573$2.90M5173
2323 Grand CanalVenice1912221,2842,692$2,298$2.95M12273
Total: 5 · Average2.62.21,5194,510.8$1,619$2.42M44.8
Median1,503$2.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2206 Walnut AvenueVenice191807/17/2026331,4295,583$1.88M$1.82M$1,2770.979187
1145 Palms BoulevardVenice196408/18/2026331,7185,754$2.50M$2.43M$1,4140.975378
1384 PalmsVenice194109/01/2026321,8977,126$2.20M$2.30M$1,2121.053177
1060 Superba AvenueVenice192609/01/2026321,5364,801$2.45M$2.45M$1,5941.008277
1257 Preston WayVenice192607/23/2026321,2855,690$2.00M$2.10M$1,6341.056776
Total: 5 · Average3.02.41,5735,790.8$2.22M$2.22M$1,426.2—64.8
Median1,536$2.30M$2.30M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.