tomo logo

$6,995,000

Beds
6
Baths
6.5
sq ft
5,587

1246 Morningside Way, Venice, CA 90291

1246 Morningside Way

Venice, CA 90291

  • 17 days on market
With an estimated completion of construction in April 2025 and situated on an enormous 10,867 sqft lot, this sensational 2 story modern masterpiece is bursting with quality and style. The stately entry has soaring ceilings providing an inviting space into the grand, open-concept floor plan. The chef-inspired kitchen equipped with top-of-the-line appliances, a walk-in pantry, a large island with bar seating, a butler's pantry and wine cellar. The formal dining room off the kitchen has large windows and staking doors leading to the covered front patio. The kitchen opens to the delightful breakfast nook and great room with a stunning gas fireplace and staking doors to the patio and sparkling pool and spa. A study/ office, a mud room, a powder room, and bedroom with a walk-in closet and ensuite bathroom complete the first floor. The beautiful floating staircase leads to the large loft, three secondary bedrooms all ensuite and two with walk-in closets, and a laundry room with a sink. The luxurious grand suite is spacious and has two walk-in closets. The grand bath has a dual-sink vanity, freestanding tub, and a walk-in shower. The detached ADU has a grand living space with staking doors to the backyard, a full kitchenette, a separate bedroom, and a full bath. New TJH homeowners will receive a complimentary 1-year membership to Inspirato, a leader in luxury travel.

Details

Property type

Single Family Residence

Est. home value

$2,946,036

Property condition

New Construction

Lot size

0.2495 acres

Price per sq ft

$1,253

Year built

2025

HOA

No

Price History

01/16/2025
CLAW

CLAW #25482929

Listed
$6,995,000
+6.07%
11/04/2024
CLAW

CLAW #24435093

Removed
$6,595,000
09/03/2024
CLAW

CLAW #24435093

Listed
$6,595,000
+10.93%

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Genesis Capital Llc

Loan start date

August 2023

Original loan amount

$4,312,500

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Building or Construction Loan

Seller

La21G Llc

Lender

Genesis Capital Llc

Loan start date

August 2023

Original loan amount

$4,312,500

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Building or Construction Loan

Seller

La21G Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/02/2025 at 2:30 AM

Listing updated: 01/24/2025 at 10:52 AM

Listed by: J. Trevor Edmond, Thomas James Real Estate Services, Inc

MLS: CLAW #25482929

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