38 Palazzo

Newport Beach, CA 92660

$5,700,000
Last Sold Price
5
Beds
5,033 Sq. Ft.
$1,133 / Sq. Ft.
5,033
Sq. Ft.
$1,133
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 3/26/25
Closed 3/26/25

Description

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...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.

Listing Agents

  1. Mark Taylor

    Mark Taylor

    Listing Agent

    Compass

    DRE #01877391

    mtaylor@compass.com

    P: (949)-335-8698

    CallTextEmail
  2. Dylan Mason

    Dylan Mason

    Alternative Listing Agent

    Compass

    DRE #01709074

    dmason@compass.com

    P: (949)-294-7832

    CallTextEmail

Property Details for 38 Palazzo

View
Neighborhood
Parking Spaces Total
3
Private Pool
Yes
Cooling Type
Central
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
5033
LISTING UPDATED: 03/27/2025 02:37 AM

Property Details for 38 Palazzo

StatusClosed
MLS #NP24243947
Days on Market21
Taxes-
HOA Fees$450 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1998
Lot Size0.23 AC / 10,103 SF
CountyOrange County
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Location

Listing Courtesy of Compass, Mark Taylor, DRE #01877391; Compass, Dylan Mason, DRE #01709074

Sold By Arbor Real Estate, Sara Taylor, DRE #01764056; Arbor Real Estate, Heather Kidder, DRE #01187466

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Building Information for 38 Palazzo

Stories2Year Built1998Building Size-Lot Size0.23 AC / 10,103 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$31,712 per month

30 year fixed, 6.15% Interest

Principal and Interest

$27,781

Property Taxes

$3,481

HOA Dues

$450

The Payment Calculator is for illustrative purposes only.

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Property Information for 38 Palazzo

Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Tract Number: 15517
  • Tax Census Tract: 626.44
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 24
Community / Development
Community / Development
  • Association Amenities: Pool, Barbecue, Playground, Tennis Court(s), Guard, Security
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks
  • Community: Lucera (BCYL)
  • Complex Name: Bonita Canyon
  • Association Name: Bonita Canyon
  • Association Phone: 949.768.7261
Property / Structure Info
Interior Features
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Microwave, Refrigerator
  • Equipment: Dishwasher, Microwave, Refrigerator, 6 Burner Stove, Barbecue
  • Interior Features: Balcony, Beamed Ceilings, Built-in Features, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Room Bathroom Features: Bathtub, Shower, Closet in bathroom, Double Sinks in Primary Bath, Separate tub and shower
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Room Kitchen Features: Kitchen Island, Kitchen Open to Family Room, Remodeled Kitchen, Walk-In Pantry
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, In Living Room
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Laundry Location: Electric, Washer Hookup
  • Laundry Utilities: Electric, Washer Hookup
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Fireplace Rooms: Family Room, Living Room
  • Fireplace: FP in Family Room, FP in Living Room
  • Cooling: Central Air
  • Heating Type: Central, Zoned
  • Heating: Central, Zoned
  • Heat Equipment: Zoned Areas, Forced Air Unit
  • Floor Coverings: Carpet, Wood
  • Flooring: Carpet, Wood
Exterior Features
  • Security Features: 24 Hour Security, Gated with Guard
  • Security: 24 Hour Security, Gated with Guard
  • Exterior Features: Barbecue Private
  • Entry Location: 1
  • Structure Type: House
  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Private, Association, In Ground
  • Pool Description: Association Pool, In Ground, Private
  • Pool: Below Ground, Private, Association
  • Pool Heat: Below Ground, Private, Association
  • Spa Features: Private, Association
  • Spa Heat: Community/Common, Private
  • Tennis: Yes
Land/Lot Info
  • Lot Features: Back Yard, Corner Lot, Lot 10000-19999 Sqft, Yard
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Direct Entrance, Driveway, Garage - 1 Car, Garage - 2 Car
  • Parking Non-Garage: Direct Garage Access, Garage - Single Door, Garage - Two Door
  • Parking Garage Spaces: 3
  • Parking Garage: Direct Garage Access, Garage - Single Door, Garage - Two Door
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Garage - Single Door, Garage - Two Door
Property / Structure Info
  • Builders Tract Name: Lucera
  • Builders Tract Code: Lucera (BCYL)
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 38 Palazzo

DateEvent & SourcePriceAppreciation
Mar 26, 2025

Sold

SDMLS #NP24243947

$5,700,000—
Mar 26, 2025

Sold

CRMLS #NP24243947

$5,700,000—
Mar 26, 2025

Sold

CLAW #NP24243947MR

$5,700,000—
Feb 6, 2025

Sold (Public Record)

Public Record #1553876410

$5,700,000

+14.0% / yr

Feb 5, 2025

Pending

CLAW #NP24243947MR

—
Feb 5, 2025

Accepting Backup Offers

CLAW #NP24243947MR

—
Feb 5, 2025

Accepting Backup Offers

CRMLS #NP24243947

—
Feb 5, 2025

Pending

SDMLS #NP24243947

—
Jan 15, 2025

Listed (Active)

CRMLS #NP24243947

$6,095,000—
Jan 15, 2025

Listed (Active)

SDMLS #NP24243947

$6,095,000—
Jan 15, 2025

Listed (Active)

CLAW #NP24243947MR

$6,095,000—
Feb 2, 2021

Sold (Public Record)

Public Record #692633861

$3,371,000—
Feb 2, 2021

Sold (Public Record)

Public Record #1453536036

$3,371,000—
DateEvent & SourcePrice
03/26/2025

Sold

SDMLS #NP24243947

$5,700,000
03/26/2025

Sold

CRMLS #NP24243947

$5,700,000
03/26/2025

Sold

CLAW #NP24243947MR

$5,700,000
02/06/2025

Sold (Public Record)

Public Record #1553876410

$5,700,000

+14.0% / yr

02/05/2025

Pending

CLAW #NP24243947MR

—
02/05/2025

Accepting Backup Offers

CLAW #NP24243947MR

—
02/05/2025

Accepting Backup Offers

CRMLS #NP24243947

—
02/05/2025

Pending

SDMLS #NP24243947

—
01/15/2025

Listed (Active)

CRMLS #NP24243947

$6,095,000
01/15/2025

Listed (Active)

SDMLS #NP24243947

$6,095,000
01/15/2025

Listed (Active)

CLAW #NP24243947MR

$6,095,000
02/02/2021

Sold (Public Record)

Public Record #692633861

$3,371,000
02/02/2021

Sold (Public Record)

Public Record #1453536036

$3,371,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38 Palazzo

Taxable ValueLand$2,769,560Additions$879,317Total$3,648,877
Tax Record2025$41,770 ($3,481 / month)
Home Facts
Beds5Baths4Total Finished SqFt5,033 SqFtAbove Grade Finished SqFt5,033 SqFtLot Size10,103 SqFtStyleSingle Family ResidenceYear Built1998CountyORANGEAPN458-723-29

Schools near 38 Palazzo

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Abraham Lincoln Elementary School
Public - K to 6
Corona Del Mar High School
Public - 7 to 12
Monte Vista High School
Public - K to 12
Back Bay High School
Public - 9 to 12
Rating
School
Distance
Abraham Lincoln Elementary School
PublicK to 6

Corona Del Mar High School
Public7 to 12

Monte Vista High School
PublicK to 12

Back Bay High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Mark Taylor, DRE #01877391; Compass, Dylan Mason, DRE #01709074

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.