tomo logo

$4,250,000

Beds
3
Baths
4.0
sq ft
3,192

429 Sherman Canal, Venice, CA 90291

429 Sherman Canal

Venice, CA 90291

  • 87 days on market
Nestled along the serene Venice Canals stands a sophisticated, sleek, and bright architectural masterpiece spanning three levels, exquisitely designed by the renowned architect William R Pauli, AIA. This inviting residence boasts an open floor plan adorned with French white oak floors, infused with natural light pouring in through walls of glass and 10ft ceilings. The seamless floorplan effortlessly guides you from the chef's kitchen, featuring high-end appliances, newly painted cabinets, and new hardware, through the expansive great room to the welcoming front deck and yard, perfect for dining alfresco or enjoying the cool ocean breeze. Ascend to the second level to discover a stunning master suite featuring a cozy fireplace, a canal-facing balcony, a spacious walk-in closet, and a luxurious bathroom complete with an oversized shower and stone-clad tub. Additionally, an office nook and two supplementary bedrooms grace this level, while the third level presents an exceptional and versatile space with its own full bathroom - perfect for an additional bedroom, guest retreat, media room, and den. Enjoy two incredible outdoor decks that offer immense indoor/outdoor flow and are perfect for soaking in the ocean breezes, taking in views of the canals, and entertaining guests! Situated in one of the most premiere locations, this waterside residence enjoys tranquility while being seconds to the heart of everything Venice has to offer. Stroll to Abbot Kinney, the beach, the Farmers Market, or the nearby duck park! Indulge in the local culinary delights at nearby favorites such as Ospi, Paloma, Hama, Wabi, Great White, Felix, and Si Mon. Don't miss your chance to have the idyllic lifestyle in this exceptional Canal retreat.

Details

Property type

Single Family Residence

Est. home value

$4,168,163

Property condition

Updated/Remodeled

Lot size

2,850 sq ft

Price per sq ft

$1,332

Year built

2000

Price History

04/04/2024
CLAW

CLAW #24372821

Listed
$4,250,000
-3.19%
03/15/2024
CLAW

CLAW #23311797

Removed
$4,390,000
10/19/2023
CLAW

CLAW #23311797

Listed
$4,390,000
+21.94%

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

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

City National Bank

Loan start date

October 2022

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

4.51%

Loan type

Credit Line (Revolving), 30 year

Seller

Waymon O Seber and The Waymon O Seber Administrative Trust

Lender

Wells Fargo Bank Na

Loan start date

February 2021

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

1.87%

Loan type

New Conventional, 30 year

Seller

Waymon O Seber and Waymon O Seber Administrative Trust

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: 07/01/2024 at 10:45 AM

Listing updated: 04/12/2024 at 5:22 AM

Listed by: Paige Ogden, Pardee Properties Phone #: (310) 907-6517

MLS: CLAW #24372821

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