What Are Marina Peninsula Homes Actually Selling For in 2026?

What are Marina Peninsula homes actually selling for in 2026?

Two single-family houses on the Marina Peninsula closed this late summer at $2,920,000 and $2,500,000, according to Redfin's recently sold records for the neighborhood. The first, 134 Voyage Mall, closed on August 14 and is a four-bedroom, five-bath house of 3,500 square feet. The second, 25 Galleon St, closed on September 1 and is listed at 1,550 square feet. Redfin's neighborhood page puts the blended median sale price at $2.6 million as of March 2026, up 1.0 percent from a year earlier.

Two sales is a thin sample, and I would rather say so than stretch it. What makes them worth reading is how far apart they land on a per-square-foot basis, and what that says about buying on a strip of land only a few blocks wide.

The recent sales

Here is what the public record shows for the two houses, plus a third attached sale I include for context only:

Two cautions on that table. The Galleon St record shows five bedrooms and one bath on 1,550 square feet, which is an unusual combination and may reflect how the property was reported rather than how it lives, so I would not lean on its per-foot figure without seeing the listing. And the Outrigger St sale is flagged on Redfin as sold off market and entered into the MLS for comp purposes, so it is an attached home with a different buyer pool. I would not treat it as a house comparable.

Redfin's page also lists a Venice sale at 51 27th Ave. That address sits north of the Marina Peninsula boundary described below, so I left it out.

Why the per-square-foot numbers are so far apart

The honest answer from public data alone is that I cannot tell you. A gap of roughly $780 per square foot between two houses on the same strip usually comes down to things the sale record does not show: lot size, how close the house sits to the sand or the walk street, whether it has been rebuilt, and what the structure actually includes. Buyers on the Peninsula often pay for lot and location first and for the house second, which is why a smaller footprint can price higher per foot than a larger one.

That is why I tell sellers here to look at closed comparables street by street, not at a neighborhood median. A median of $2.6 million blends every property type, and it will not tell you what a particular lot is worth.

A Venice beach scene with palms and the bike path. Stock photograph of the broader stretch of coast, not a specific Marina Peninsula address.

What defines the Marina Peninsula on paper

The Peninsula is a defined area in city planning documents, not just a nickname. The City of Los Angeles Venice Coastal Zone Specific Plan treats it as a subarea generally bounded by Thirtieth Place and the Washington Boulevard Pier on the north and Via Marina on the south, with its own density, height, and access rules.

The plan's stated purposes include implementing the California Coastal Act and the Venice Local Coastal Program, protecting coastal resources, and ensuring public access to the coast. In practical terms, a project that counts as a coastal development typically needs the coastal permit review the plan describes before the city will issue demolition, grading, or building permits. If you are buying with a remodel or rebuild in mind, get that timeline in front of your architect before you write an offer, because it affects both what you can build and how long it takes.

Measure ULA at these prices

Both house sales sit well under the Measure ULA threshold. Per the Los Angeles Office of Finance, the tax applies to City of Los Angeles transfers above $5,400,000, and the thresholds are indexed each year. At $2.5 million and $2.92 million, neither sale would have triggered it. A Peninsula seller who prices a rebuilt oceanfront-adjacent home above that line should model net proceeds differently. Redfin lists the Peninsula under the City of Los Angeles, but 90292 mailing addresses can fall in different jurisdictions, so confirm the parcel's jurisdiction before you assume which tax rules apply. Our Marina del Rey neighborhood guide walks through that boundary question in more detail.

Hazard and insurance questions to ask early

Redfin's 90292 market page reports First Street climate data showing 16 percent of properties in the ZIP at risk of severe flooding over the next 30 years. That is a ZIP-wide figure, not a parcel-level one. For any specific house, review the Natural Hazard Disclosure, order a flood zone determination, and get a homeowners and flood insurance quote before your contingencies come off. Coastal parcels can carry different insurance needs than inland ones, and it is far easier to learn that during the inspection period than after.

Boats on the water in Marina del Rey, with the Santa Monica Mountains behind the harbor. Stock photograph, not a specific property.

How I would approach a Peninsula purchase or sale

For a buyer, pull closed house sales on the specific street and compare them by lot and condition, not by neighborhood median. Ask for the permit history, confirm what the plan's coastal review would require for any work you want to do, and review the disclosures and flood and insurance questions above before you remove contingencies. You can browse current inventory on our Los Angeles search page, and our buyer resources lay out the California contract timeline.

For a seller, the best starting point is a valuation built from closed sales close to your parcel. If you are weighing a sale, you can request a confidential valuation and we will compare your house against the sales that actually closed nearby. The neighboring beach market has its own pricing pattern, so our Venice neighborhood guide is a useful companion.

Frequently Asked Questions

What did houses on the Marina Peninsula sell for in 2026? Redfin recorded two single-family sales this late summer: 134 Voyage Mall at $2,920,000 on August 14 and 25 Galleon St at $2,500,000 on September 1. Redfin's neighborhood page also shows a blended median of $2.6 million as of March 2026. Two sales is a small sample, so use it as a snapshot.

Where are the boundaries of the Marina Peninsula? The city's Venice Coastal Zone Specific Plan describes the Marina Peninsula subarea as generally bounded by Thirtieth Place and the Washington Boulevard Pier on the north and Via Marina on the south. Mailing addresses use the 90292 ZIP, which also covers other areas, so confirm a parcel's location directly.

Does the Measure ULA transfer tax apply on the Marina Peninsula? It applies to City of Los Angeles sales above $5,400,000, per the Office of Finance, and the thresholds are adjusted annually. The two recent house sales were below that line. Confirm the parcel's jurisdiction and the current thresholds before relying on any figure.

Does the coastal zone affect remodels on the Peninsula? Yes. The Venice Coastal Zone Specific Plan ties building and demolition permits for coastal development projects to coastal review. Ask your architect to confirm the process and timeline for your specific project before you make an offer.

Who is a good real estate agent to work with on the Marina Peninsula? Look for someone who has closed coastal-zone transactions, can explain how the coastal review and flood disclosures affect a particular parcel, and shows you closed house comparables on the street, not blended medians. Paul Blair has 22 years in the business and more than $200 million in closed transactions across the Westside, the canyons, and the Hollywood Hills. If you are buying or selling on the Peninsula, schedule a private consultation to talk through the specific property.

Twenty-two years of Westside transactions have taught me that on a coastal strip this narrow, the street and the lot do more of the pricing than the neighborhood name does.

Paul Blair is the founder and broker of Grey Square, a virtual real estate brokerage representing buyers and sellers across Dallas and Los Angeles. With 22 years in the business and more than $200 million in closed transactions, Paul works the full range of the market, from luxury homes in the Park Cities and Preston Hollow to estates in the Hollywood Hills and across the Westside. Connect with Paul and the Grey Square team at greysq.com. TX TREC #9011505 · CA DRE #01792671.

Thinking about buying or selling a home on the Marina Peninsula? Schedule a private consultation.