Case Study: Preston Way — From Distant Trust to Vibrant Family Home
At 1377 Preston Way, Pardee used extensive aesthetic renovations, an intentional home office conversion, and professional staging to restore warmth and daily livability to a beautiful Spanish-style trust estate. The result was immediate market connection, securing a clean sale in just 13 days on market at a list price of $2,995,000 and a final sold price of $2,855,162 to a wonderful buyer who will raise their family there.
Property Detail Context
| Property | 1377 Preston Way in Venice |
| Sold Price | $2,855,162 |
| Strategy | Full prep and strategic positioning in the marketplace |
| Presentation | The agent-led cosmetic transformation, home office conversion, and professional staging |
| Outcome | 13-day sale at a list price of $2,995,000 and a final sold price of $2,855,162 to a great family buyer. |
Challenge
The property had been held in a trust for many years following the passing of a family member, leaving its future up to three trust members who had not lived in or even seen the home in years. Compounding this distance, the team faced an immediate legal and logistical obstacle: at the start of the project, there was an unauthorized occupant living in the property.
Navigating an occupancy issue from afar is a major stressor for any seller, requiring a team on the ground that can handle sensitive situations delicately, legally, and effectively before any traditional marketing prep can even begin.
Solution
The Pardee Properties team first brought the occupancy situation to an amicable resolution, paving the way for a comprehensive property transformation. To unlock the home's true value, the team took on full project management oversight for an extensive renovation. These strategic updates included installing new carpeting, refreshing the property with interior and exterior paint, converting an underutilized room into a functional dedicated office, removing outdated cabinetry, and installing new flooring throughout. To complete the presentation, the home was professionally staged and enhanced with fresh, vibrant landscaping to maximize its initial curb appeal.
Results
The property successfully went into escrow with a list price of $2,995,000 and closed at a final sold price of $2,855,162 in just 13 days on market.
Representing an amazing result for this specific neighborhood and lot size category, the team secured a smooth transaction without any backup offers.
Emma was the ultimate professional while also being super calm and kind. She helped us through the process and was extremely communicative and attentive to all our needs and concerns. If you have the opportunity to work with her- take it. She exceeded our expectations and was very helpful in the negotiating process as well. Her follow through was timely and her organization skills super strong. We highly recommend working with Emma. She made a stressful decision far less so for our family.
- Seller Review via Zillow
