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38 PalazzoNewport Beach, CA 92660

Single Family · 5 Beds · 6 Full Baths · 1 Half Bath · 5,351 Sq. ft. | 0.23 Acres
$8,490,000 Active

38 Palazzo Overview

Time on Site:
6 days
Visits:
0

A beautifully reimagined estate where refined interiors, resort-inspired grounds, and effortless indoor-outdoor living create one of Bonita Canyon's most exceptional offerings. Gracefully positioned on a coveted corner parcel within guard-gated Bonita Canyon, this extraordinary 5,510-square-foot residence has undergone a remarkable transformation including expanding the family room, blending timeless architecture with sophisticated contemporary design. Offering five bedrooms and six and a half baths, including a sought-after main-level bedroom suite, the home is defined by wide-plank hardwood flooring, custom millwork, dramatic archways, and curated designer finishes that create a warm and refined atmosphere throughout. The heart of the home is a stunning chef's kitchen featuring custom white oak cabinetry, premium appliances, dual sinks, exquisite stone surfaces, an oversized center island, and a retractable serving window that seamlessly connects to the outdoor entertaining pavilion. Expansive disappearing walls of glass blur the distinction between indoors and out, opening to a truly resort-inspired setting. Surrounded by mature bamboo and lush landscaping, the grounds feature a spectacular pool and spa with cascading water features, expansive patios, a covered outdoor kitchen and bar, and a breathtaking custom aquarium that creates a one-of-a-kind entertainment experience, and a full exterior bath for pool use. The residence also offers a richly appointed executive office with illuminated built-ins, spacious secondary bedrooms, a flexible bonus room, and an extraordinary primary retreat complete with a private sitting room and fireplace, spa-inspired bath with freestanding soaking tub and oversized shower, and a boutique-quality dressing room rivaling those found in luxury estates. A rare offering where impeccable craftsmanship, resort-caliber amenities, and effortless indoor-outdoor living come together to create an exceptional Newport Beach lifestyle. Bonita Canyon Amenities include, Jr. Size olympic pool, tennis court, tot lot, Greenbelts, Picnic area, and Gate Guarded access to the community.

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38 Palazzo Facts & Features

  • Type Single Family
  • Sq. ft. 5,351
  • Price/Sq.ft. $1,587
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association Amenities: Outdoor Cooking Area,Barbecue,Picnic Area,Playground,Pool,Tennis Court(s)
  • Association Fee: 475.0
  • Association Fee Frequency: Monthly
  • Association Name: Bonita Canyon Maintenance
  • Association: Yes
  • Common Interest: Planned Development

School Information

  • School District: Newport Mesa Unified
  • Elementary School: Abraham Lincoln
  • Middle Or Junior School: Corona Del Mar
  • High School: Corona Del Mar

Building Information

  • New Construction: No
  • Year Built: 1998

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: NV - East Bluff - Harbor View
  • Postal City: NEWPORT BEACH
  • Subdivision Name: Lucera (BCYL)

Community/Development

  • Community Features: Curbs,Street Lights,Suburban,Sidewalks,Gated

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Disclosures: Covenants/Restrictions Disclosure,HOA Disclosure
  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 45872329
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Half: 1
  • Bathrooms Total: 7
  • Bedrooms Total: 5

General Information

  • Appliances: 6 Burner Stove,Built-In Range,Dishwasher,Gas Cooktop,Disposal,Gas Oven,Microwave,Refrigerator,Range Hood,Water To Refrigerator,Water Heater
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: Dining Room,Gas Starter,Living Room,Primary Bedroom
  • Fireplace: Yes
  • Foundation Details: Slab
  • Interior Features: Beamed Ceilings,Breakfast Bar,Built-in Features,Balcony,Breakfast Area,Block Walls,Separate/Formal Dining Room,In-Law Floorplan,Open Floorplan,Pantry,Recessed Lighting,Bedroom on Main Level,Entrance Foyer,Primary Suite,Walk-In Pantry,Walk-In Closet(s)
  • Laundry Features: Inside,Laundry Room
  • Levels: Two
  • Living Area: 5351.0
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Security Features: Carbon Monoxide Detector(s),Gated Community,Gated with Attendant,Key Card Entry,Smoke Detector(s)
  • Spa Features: Heated,In Ground,Private
  • Spa: Yes
  • Stories: 2
  • Stories Total: 2
  • Window Features: Custom Covering(s),Double Pane Windows

Exterior

Parking Information

  • Parking Features: Direct Access,Garage,Side By Side,Tandem
  • Parking Total: 3.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Acres: 0.2319
  • Lot Size Area: 10103.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10103.0
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: Yes
    • Property Attached: No
    • Roof: Tile
    • Structure Type: House

    General Information

    • Fencing: Block
    • Number Of Units Total: 1
    • Pool Features: Heated,In Ground,Private,Waterfall,Association
    • Pool Private: Yes
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Sewer Available,Sewer Connected,Water Available,Water Connected

    38 Palazzo Neighborhood

    Community

    92660 (NEWPORT BEACH) Demographics

    47
    Median Age
    3,267
    Population Density (per sq. mile)
    76%
    College Educated
    $135,373
    Estimated Median Income
    7,982
    Estimated Total Home Owners
    7,386
    Estimated Total Renters
    52% / 48%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    38 Palazzo Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    38 Palazzo Market Data

    Based on the last 30 days in this zip code

    $5,618,621
    Average List Price
    $1,640
    Average Price per Square Foot
    28
    Properties Sold
    76
    Average Days on Market
    314
    Properties for Sale
    Calculations provided by Reliance Network

    38 Palazzo History

    Date Event Value Agent
    6/23/2026Source: CRMLS Added to Database
    June 23, 2026
    3/27/2025Source: bridgeMLS Status Change
    Sold
    3/27/2025Source: CRMLS Status Change
    Closed
    2/7/2025Source: bridgeMLS Status Change
    Active - Contingent
    2/7/2025Source: CRMLS Status Change
    Active Under Contract
    1/16/2025Source: bridgeMLS Added to Database
    January 16, 2025
    1/15/2025Source: CRMLS Added to Database
    January 15, 2025
    Listing provided courtesy of Berkshire Hathaway HomeServiceMehdi Khosh- MLS# NP26135875MLS ProviderContact Information: 949-644-6200