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Sold for $5,700,000 on 03/26/25
  • Listing Provided by: 

    Mark Taylor DRE #01877391 949-335-8698,

    Compass,

    Dylan Mason DRE #01709074,

    Compass

    Bought with: Arbor Real Estate
    $5,700,000

    38 Palazzo, Newport Beach, CA 92660

    5beds
    5,033sqft
    Single Family Residence
    Built in 1998
    10,103 Square Feet Lot
    $5,844,800 Zestimate®
    $1,133/sqft
    $-- Estimated rent

    Home value

    $5,844,800

    $5.38M - $6.37M

    Not available

    Zestimate® history
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    What's special

    Nestled on a prized corner lot within the prestigious guard-gated community of Bonita Canyon, 38 Palazzo offers unmatched privacy, luxury and coastal charm. This 10,103-square-foot lot is a true sanctuary for resort-style living and entertaining surrounded by lush, mature landscaping. Spanning over 5,000 square feet, this meticulously designed estate features five ensuite bedrooms, six and a half bathrooms and a dedicated study, all adorned with thoughtful details such as extensive built-ins, rare natural stone and custom finishes throughout. Offering incomparable indoor-outdoor living, the heart of the home is the gourmet kitchen, equipped with Thermador and Sub-Zero appliances, that flows effortlessly into the inviting family room. Expansive bifold doors and windows open to a travertine loggia with fireplace and built-in heaters, creating a harmonious connection to the serene outdoors. A true private oasis, the backyard features a sparkling pool and spa, an expansive bar, and a stunning 1,500-gallon tropical fish tank—perfect for hosting unforgettable gatherings. Recently remodeled, the upstairs primary suite is a haven of tranquility with a spa-inspired bathroom offering a freestanding soaking tub, glass-enclosed shower and custom walk-in closet with a center island. A cozy seating area with a fireplace completes this luxurious retreat. An expansive media and entertainment room with a wet bar and a private gym (or secondary office) provide versatility and convenience. The main-level home office is fully equipped with custom built-ins and easy main-floor access for remote work or study. Beyond the home’s exceptional design and functionality, it offers exclusive access to Bonita Canyon’s sought-after amenities including tennis courts, a lap pool, greenbelts and a playground plus it is ideally located just minutes from world-class dining, shopping, and Newport’s pristine beaches. Combining timeless elegance with modern luxury, this home offers a masterful blend of sophistication and comfort. With its entertainer’s style, unparalleled privacy, and resort-style features, 38 Palazzo is more than a home—it’s a lifestyle. Don’t miss the opportunity to make this extraordinary residence your own.

    Zillow last checked: 8 hours ago

    Listing updated: March 27, 2025 at 09:38am

    Listing Provided by:

    Mark Taylor DRE #01877391 949-335-8698,

    Compass,

    Dylan Mason DRE #01709074,

    Compass

    Bought with:

    Sara Taylor, DRE #01764056

    Arbor Real Estate

    Heather Kidder, DRE #01187466

    Arbor Real Estate

    Source: CRMLS,MLS#: NP24243947MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Heating
    • Central, Zoned
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Built-In Range, Barbecue, Dishwasher, Microwave, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
    Features
    • Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Bedroom on Main Level, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Carpet, Wood
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 5,033 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Door-Multi, Direct Access, Door-Single, Driveway, Garage Faces Front, Garage
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Patio
    • Exterior features: Barbecue
    • Has private pool: Yes
    • Pool features: In Ground, Private, Association
    • Has spa: Yes
    • Spa features: Association, Private
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 10,103 sqft
    • Features: Back Yard, Corner Lot, Yard
    Details
    • Parcel number: 45872329
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Gated with Guard, 24 Hour Security
    Community
    • Community features: Curbs, Sidewalks
    Location
    • Region: Newport Beach
    • Subdivision: Lucera (Bcyl)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $450 monthly
    • Amenities included: Barbecue, Playground, Pool, Guard, Security, Tennis Court(s)
    • Association name: Bonita Canyon
    • Association phone: 949-768-7261

    Other

    Other facts
    • Listing terms: Cash,Contract

    Price history

    DateEventPrice
    3/26/2025Sold$5,700,000-6.5%$1,133/sqft
    Source: CRMLS #NP24243947
    2/7/2025Contingent$6,095,000$1,211/sqft
    Source: CRMLS #NP24243947
    1/16/2025Listed for sale$6,095,000$1,211/sqft
    Source: CRMLS #NP24243947

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92660

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $5,844,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $5,844,800