A Venice penthouse that overlooks one of the city's canals went to auction with a guide price of $3 million — check it out

·3 min read
The penthouse overlooks St. Mark's Campanile.
The penthouse overlooks the famous Piazza San Marco.Wesual
  • A double-unit penthouse apartment along the canals of Venice went to auction earlier this month.

  • The apartment is near Piazza San Marco and offers views of its famous tower.

  • With a guide price of €2.9 million ($3.04 million), bidding has closed and the house is pending sale.

A double-unit penthouse located along on a Venice canal went to auction earlier this month with a guide price of €2.9 million ($3.04 million).

The living area
The living area of the penthouse.Wesual

The double-unit penthouse consists of a primary residence and an adjacent guest suite, per the listing. With the right permits, residents can combine both units into a single apartment or repurpose the guest residence into a short-term vacation rental.

The 4,628-square-foot property has direct canal access, listing agent Serena Bombassei from Venice Real Estate Knight Frank told Insider.

A look at the available listings on Venice Real Estate Knight Frank shows that canal-side apartments can range from €390,000 to €9.5 million ($410,590 to $10 million).

Bidding is closed and the house is under contract, with the final amount still undisclosed.

The property offers panoramic views of the canals of Venice and the famous Piazza San Marco bell tower.

The penthouse overlooks the canals of Venice
The penthouse overlooks the canals of Venice.Wesual

"The unobstructed and protected views from the penthouse and roof terrace make for a beautiful backdrop as a perfect place to entertain," Bombassei said.

Many historical features of the home have been preserved, including beamed ceilings, terrazzo tile floors, and red brick walls.

The main entrance to the home
The main entrance to the home.Wesual

The property is 10 minutes to Santa Lucia Train Station by ferry, and 10 miles from Marco Polo Airport, per the listing.

"One of the best features by far about this residence is its location," Bombassei said. "In just a four-minute walk, you can take in the incredible San Marco Square."

There are four bedrooms in total: three in the primary residence and one in the guest suite.

One of the bedrooms in the house
One of the bedrooms in the house.Wesual

"The ideal buyer is someone who appreciates the exclusivity, security, and flexibility that the property offers," Bombassei said. "It could be used as a vacation home left safely for extended periods of time, or be used as a potential investment property for renting."

The kitchen of the primary residence comes with a dining area that can fit four people.

The kitchen
The kitchen.Wesual

Source: Sotheby's Concierge Auctions

The primary residence spans two stories, including a spacious attic space with its own sitting area and antique fireplace.

The attic
The attic space of the primary residence.Wesual

Source: Sotheby's Concierge Auctions

There's also a larger dining area in the attic that residents can use to entertain guests.

The dining area
The larger dining area.Wesual

Source: Sotheby's Concierge Auctions

The single-story guest suite features an open-plan living and kitchen space.

One of the living areas in the apartment
The living area in the guest suite has an open-plan kitchen located in the back.Wesual

Source: Sotheby's Concierge Auctions

There are five full bathrooms in total, all of which have been updated with modern wares.

One of the bathrooms in the house
One of the bathrooms in the guest house.Wesual

Source: Sotheby's Concierge Auctions

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