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**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.
Listing agent: Bjorn Farrugia DRE #01864250 bjorn@bjornfarrugia.com, Listing office: Carolwood Estates
MLS data updated 11/2/2026, 2:50:40 AM PT
Source: CRMLS, MLS #: 25525855
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 7, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$4,941,351Closed sale · Aug 7, 2025ZIP 90291 · Aug 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.