Seann William Scott Lists Venice Compound: A Look at the $4.98M Property

Actor Seann William Scott has listed his unique Venice, California, compound for $4,975,000. The property, a distinctive two-home setup featuring a modern main residence and a renovated historic bungalow, offers a rare investment opportunity in one of Los Angeles's most sought-after neighborhoods. This listing presents a compelling case for buyers seeking a blend of architectural design, privacy, and proximity to Venice's vibrant Abbott Kinney district and the ocean.

What does the Venice compound include? The property is configured as a compound, a term for a single lot containing multiple separate living structures. It encompasses two distinct homes totaling 4,600 square feet of living space with five bedrooms and six baths on a 5,148-square-foot lot. The main residence is a 3,300-square-foot trilevel structure built in 2004 with steel, concrete, and glass, designed by architect Kevin Mulcahy. The secondary home is a 1,300-square-foot, single-story bungalow. This arrangement is ideal for multi-generational living, a guest house, or potential rental income, adding significant functional value to the investment.

What are the key features of the main house? The main residence is designed with a minimalist palette, emphasizing natural light and materials. The ground floor features an open great room with a wood-paneled ceiling and a wall of bifold glass doors opening to a landscaped area. The second floor contains a generous dining space and an open kitchen with marble surfaces, warm-wood cabinetry, and an exposed original steel truss. A notable architectural feature is the glass-floored catwalk on the third level, which connects the bedrooms. The primary suite includes a glass wall and a Zen-inspired bathroom with a wet room that combines a shower and a soaking tub.

How is the bungalow designed? The historic bungalow has been updated to modern standards while retaining its charm. It includes a streamlined galley kitchen with Caesarstone counters and Miele appliances. A unique feature is the built-in banquette in the living room, complemented by a front deck and charming outdoor seating areas. With two bedrooms, the bungalow functions as a completely self-sufficient unit, offering flexibility for homeowners.

What makes the outdoor space and location significant? The property's location is a significant asset. It is situated near the ocean and the chic shops and restaurants of the Abbot Kinney district, enhancing its lifestyle appeal. The outdoor space includes two ipe wood decks, several seating areas, and drought-resistant landscaping with leafy hedges and mature trees. The compound also includes a three-car garage, a valuable feature in a densely populated urban area. The careful curation of the outdoor environment complements the architectural vision of connecting with the natural surroundings.

For potential buyers, this property represents more than a home; it's a turnkey opportunity in a premium market. The combination of two income-potential units, high-end architectural design, and a prime location makes it a standout listing. The asking price of $4.975 million reflects the current Venice, CA, market for unique, designer properties. Based on our experience assessment, the compound's configuration offers a level of versatility that is highly sought after in today's real estate landscape.