
949 Nowita Place, Venice, CA 90291
949 Nowita Place, Venice, CA 90291
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
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Venice · Single Family Residence
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1031 Lake Street | Venice | 1951 | 3 | 2 | 1,604 | 5,378 | $1,431 | $2.29M | 16 | 79 |
| 416 Brooks Avenue | Venice | 1908 | 3 | 2 | 1,364 | 5,200 | $1,829 | $2.50M | 26 | 77 |
| 718 Valita Street | Venice | 1956 | 2 | 2 | 1,503 | 5,097 | $964 | $1.45M | 9 | 73 |
| 652 Woodlawn Avenue | Venice | 1912 | 3 | 3 | 1,840 | 4,187 | $1,573 | $2.90M | 51 | 73 |
| 2323 Grand Canal | Venice | 1912 | 2 | 2 | 1,284 | 2,692 | $2,298 | $2.95M | 122 | 73 |
| Total: 5 · Average | 2.6 | 2.2 | 1,519 | 4,510.8 | $1,619 | $2.42M | 44.8 | |||
| Median | 1,503 | $2.50M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2206 Walnut Avenue | Venice | 1918 | 07/17/2026 | 3 | 3 | 1,429 | 5,583 | $1.88M | $1.82M | $1,277 | 0.97 | 91 | 87 |
| 1145 Palms Boulevard | Venice | 1964 | 08/18/2026 | 3 | 3 | 1,718 | 5,754 | $2.50M | $2.43M | $1,414 | 0.97 | 53 | 78 |
| 1384 Palms | Venice | 1941 | 09/01/2026 | 3 | 2 | 1,897 | 7,126 | $2.20M | $2.30M | $1,212 | 1.05 | 31 | 77 |
| 1060 Superba Avenue | Venice | 1926 | 09/01/2026 | 3 | 2 | 1,536 | 4,801 | $2.45M | $2.45M | $1,594 | 1.00 | 82 | 77 |
| 1257 Preston Way | Venice | 1926 | 07/23/2026 | 3 | 2 | 1,285 | 5,690 | $2.00M | $2.10M | $1,634 | 1.05 | 67 | 76 |
| Total: 5 · Average | 3.0 | 2.4 | 1,573 | 5,790.8 | $2.22M | $2.22M | $1,426.2 | — | 64.8 | ||||
| Median | 1,536 | $2.30M | $2.30M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.