#OC25022175, Paul Daftarian, Listing Office: Luxe Real Estate
$7,995,000 List price
208 Via Palermo Newport Beach, CA 92663
5 beds
5 full, 1 partial
4,669 sqft
0.1 acres
$1,712 / sqft
House
Property details
About 208 Via Palermo
Welcome to 208 Via Palermo—an exquisite residence inspired by the warm, romantic elegance of Andalusian Coastal design, nestled in the heart of Lido Isle. Sited on an oversized 58-foot-wide lot, this stunning showpiece blends timeless architecture with exceptional craftsmanship, creating a home that’s both sophisticated and effortlessly comfortable. The thoughtfully curated design includes 5 en-suite bedrooms—including one on the main level—5.5 luxurious baths, a dedicated office, and a fully appointed theatre room. Rich hand-distressed walnut floors, true Venetian plaster, and a striking blend of stone, wood, and artisan finishes define the home’s refined interiors. At the center of the home, the gourmet kitchen is a chef’s dream, featuring Wolf appliances, a 6-burner stove with grill, Sub-Zero refrigeration, a Miele coffee bar, warming drawer, two Shaw original farmhouse sinks, and a walk-in pantry. The elegant formal dining room, illuminated by antique French chandeliers, connects to a stunning 850-bottle, climate-controlled wine cellar—perfect for entertaining with style. The spacious family room, anchored by a hand-carved limestone fireplace, flows into the private media room, creating a welcoming space for gathering and relaxing. Upstairs, the romantic primary suite boasts Juliet balconies, a carved limestone fireplace, and a spa-like bath with marble floors and countertops, dual vanities, a jetted soaking tub, and a dual-control walk-in shower. Outdoor living is equally exceptional, with multiple seating areas, a built-in stone fireplace, and built-in BBQ that invite year-round al fresco living. Additional highlights include a 3-car garage and the unmatched lifestyle of Lido Isle—featuring a private beach, yacht club, tennis courts, pickleball, water sports, vibrant social clubs, fine dining, boutique shopping, and easy access to major roadways. Every detail of this remarkable home reflects the vision of true Andalusian Coastal living—elegant, timeless, and designed to celebrate the beauty of coastal California
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size4,669 sqft
Lot size0.1172 Acres
Year built2006
ParkingDirect Access, Garage
MLS #NP25067091
Attached garage3 spaces
FireplaceDining Room, Family Room, Primary Bedroom, Outside
Virtual tour
Summary
- MLS Number: NP25067091
- MLS Name: CRMLS
- Office Name: Pacific Sotheby's Int'l Realty
- Office Email: jon@flaggrealestate.com
- Listing Agent: Jon Flagg
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,995,000
208 Via Palermo
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 17, 2011 | Home Sold | $3,800,000 |
| Jul 02, 1997 | Home Sold | $621,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $4,679,425 | $49,630 |
| 2023 | $4,587,672 | $48,472 |
| 2022 | $4,497,718 | $47,674 |
| 2021 | $4,409,528 | $46,758 |
| 2020 | $4,364,314 | $46,309 |
| 2019 | $4,278,740 | $44,437 |
| 2018 | $4,194,844 | $44,437 |
| 2017 | $4,112,593 | $43,649 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
0.4 mi
•1327 W Balboa Blvd
7
Newport Heights Elementary School
Public District KG-6
1.1 mi
•300 E 15th St
7
Mariners Elementary School
Public District KG-6
1.5 mi
•2100 Mariners Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $212,945. Most Newport Beach, CA residents have annual incomes $200k+. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
6%
<35k
21%
35k-100k
18%
100k-200k
55%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
32%
Single, No Kids
4%
Single, with Kids
48%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
9%
12-17 yrs old
9%
18-34 yrs old
44%
35-64 yrs old
31%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Hiking/backpacking
Where do the neighbors shop?
Bloomingdales
Where do the neighbors go to eat?
Boston Market
Starbucks
What do the neighbors drive?
Mercedes
Audi
What do the neighbors listen to?
News
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 208 Via Palermo
This home is located at 208 Via Palermo in Newport Beach, CA and zip code 92663 in the Balboa Peninsula neighborhood. This 4,669 square foot home, which was built in 2006, sits on a 0.12 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $7,995,000.
In March 2025 more than 14 listings in Newport Beach, CA were sold above the asking price. During the same period more than 26 listings were sold at asking price, while more than 54 were sold below. The number of listings in Newport Beach, CA increased by 3.8% between February and March 2025. Listings spent 43 days on the market in March 2025, and had a median list price of $3,578,461 during the same period.
From Rocket Homes Real Estate and based on county public records data.