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524 Rialto Ave, Venice, CA 90291

Sale Price: $4,941,351
Apr 17, 20253,594 sqft5 beds5 baths
Listed by: Bjorn Farrugia
License #: 01864250
Phone #: 310-998-7175
Carolwood Estates
Source:
CRMLS Logo
MLS #: 25525855

Property Description

**A rare double lot compound priced to sell** Perfectly positioned west of Abbot Kinney, the Venice Canals, and just moments from the ocean, 524 Rialto is a modern architectural sanctuary situated on one of Venice's most coveted streets. Privately hedged, gated, and secure, this rare double-lot compound offers nearly 3,600 square feet of impeccably designed living space, blending contemporary sophistication with relaxed coastal charm.The main residence features soaring ceilings, dramatic scale, and a loft-inspired open layout bathed in natural light. Walls of glass blur the lines between indoors and out, creating a seamless connection to the lush surroundings. The heart of the home is a sun-drenched living room anchored by a fireplace, flowing into a sleek chef's kitchen with quartz waterfall countertops and top-of-the-line Miele appliances, complemented by a stylish dining area ideal for entertaining. The third level is dedicated to an expansive primary suite that exudes tranquility, complete with a private balcony, custom built-ins, and a luxurious spa-style bathroom featuring a steam shower, soaking tub, and dual vanities. A wraparound wellness deck with al fresco seating, a fireplace, and a private jacuzzi, accessible directly from the primary bath creates an unparalleled indoor-outdoor retreat. The second level houses two additional bedrooms with a shared designer bathroom, consistent in finish and detail. A detached guest house (ADU) offers full autonomy with its own kitchen, living room, bedroom, and bathroom, perfect for extended guests or short-term stays. Two additional structures on the property provide incredible versatility: one a fully equipped studio with bathroom, and the other a flexible-use space ideal for a gym, yoga studio, or creative office. Modern amenities include full Control4 smart home integration, a comprehensive security system, motorized shades, an outdoor foot wash, an attached two-car garage, plus gated rear parking for two additional vehicles and generous storage throughout. Designed for elevated yet effortless living, 524 Rialto is a rare Venice offering that epitomizes Southern California's iconic indoor-outdoor lifestyle.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$82,326

TurboHome Estimated Value

$5,241,700

$1,458 sqft

High Valuation
$5,503,785
$1531/sqft
Normal Valuation
$5,241,700
$1458/sqft
Low Valuation
$4,979,615
$1386/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1458/sqft$5,241,700

Neighborhood: Venice

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Comparative Value

$3.64M

$4.89M

$5.58M

$5.85M

816 California Ave, Venice, CA 90291

Sale Price: $3,637,500

Selected Comparable

2800 Dell Ave, Venice, CA 90291

Sale Price: $4,889,900

Selected Comparable

524 Rialto Ave, Venice, CA 90291

Sale Price: $4,941,351

Selected Comparable

524 Rialto Ave, Venice, CA 90291

List Price: $4,995,000

Subject Property

613 Santa Clara Ave, Venice, CA 90291

Sale Price: $5,579,000

Selected Comparable

232 Carroll Canal, Venice, CA 90291

Sale Price: $5,850,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
524 Rialto Ave, Venice, CA 90291

524 Rialto Ave, Venice, CA 90291

List: $4,995,000

Listed: 4/17/2025

Area:3,594 sqft
Price/sqft:$1,390
Beds:5
Baths:5
Year Built:
Lot Size:5,102

Comparable Properties

COMPARABLE
Choose comps
524 Rialto Ave, Venice, CA 90291

524 Rialto Ave, Venice, CA 90291

Sale: $4,941,351

8/7/20250.00 mi

Area:3,594 sqft
Price/sqft:$1,375
Beds:5
Baths:5
Year Built:
Weight:25.0%
232 Carroll Canal, Venice, CA 90291

232 Carroll Canal, Venice, CA 90291

Sale: $5,850,000

12/2/20240.29 mi

Area:3,816 sqft
Price/sqft:$1,533
Beds:5
Baths:5
Year Built:
Weight:21.3%
2800 Dell Ave, Venice, CA 90291

2800 Dell Ave, Venice, CA 90291

Sale: $4,889,900

1/13/20250.44 mi

Area:3,634 sqft
Price/sqft:$1,346
Beds:4
Baths:5
Year Built:
Weight:18.2%
613 Santa Clara Ave, Venice, CA 90291

613 Santa Clara Ave, Venice, CA 90291

Sale: $5,579,000

12/12/20240.28 mi

Area:3,644 sqft
Price/sqft:$1,531
Beds:4
Baths:5
Year Built:
Weight:18.1%
816 California Ave, Venice, CA 90291

816 California Ave, Venice, CA 90291

Sale: $3,637,500

6/9/20250.48 mi

Area:3,202 sqft
Price/sqft:$1,136
Beds:4
Baths:5
Year Built:
Weight:17.4%

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