Matthew Modine Sells Modern Venice Oasis in Off-Market Deal

Matthew Modine has quietly offloaded his Los Angeles pied-à-terre. Located in the still-somewhat-grungy-yet-increasingly pricey seaside community of Venice, the off-market transaction netted the Manhattan-based actor and his longtime wife Caridad Rivera exactly $4 million — a significant increase over the $2.5 million they paid music industry exec John Perenchio for the contemporary crash pad back in 2012. The buyers are award-winning Dutch photographers Inez van Lamsweerde and Vinoodh Matadin.

Listing information from the home’s previous sale shows it was built in 2003 and designed by local architect David Hertz of Studio of Environmental Architecture. Nestled behind gates and fronted by a three-car garage, along a prime Venice walk street just blocks from bustling Abbot Kinney Boulevard, the dark-gray stucco digs feature two bedrooms and 2.5 baths. Just over 2,000 square feet of open-plan living space is filtered throughout two separate structures connected via a cantilevered walkway — the largest serving as the primary residence, and the other a flex space with a full bath that could easily suffice as a bedroom, office or gym.

A private courtyard down below holds a lounge area anchored by a massive steel fireplace. From there, floor-to-ceiling walls of glass open seamlessly to interiors decked out with heated polished concrete floors, multiple clerestory windows and a “floating” steel staircase. Among the highlights: a spacious great room centered around a living room that opens to a small deck alongside a grassy lawn, and an eat-in kitchenette setup outfitted with open shelves, plus appliances and a sink embedded in a row of cabinetry. Holding court all by itself on the second level is a master suite boasting a luxe bath with dual vanities and a steam shower. A separate office space adjoins an outdoor sleeping porch, and there’s also a skylight stairwell leading up to a roof deck.

Modine, 62, first gained notoriety through his role as Private Joker in the 1987 Stanley Kubrick film “Full Metal Jacket.” He’s since appeared in several other movies, including “The Dark Knight Rises,” “Vision Quest,” “Memphis Belle,” “Short Cuts” and “Any Given Sunday,” as well as TV shows like “Weeds” and “Stranger Things.” Most recently, the Manhattan-based actor starred in a remake of the 2003 horror flick “Wrong Turn” and played Rick Singer in the Netflix documentary “Operation Varsity Blues: The College Admissions Scandal.”