$6,095,000

38 Palazzo Newport Beach, CA 92660

5 beds
6 full, 1 partial
5,033 sqft
0.2 acres
$1,211 / sqft
House

Property details

About 38 Palazzo

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.

Highlights

Home typeSingle Family Residence
HeatingCentral, Zoned
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air
Size5,033 sqft
Lot size0.2319 Acres
Year built1998
ParkingDoor-Multi, Direct Access, Door-Single, Driveway, Garage Faces Front, Garage
MLS #NP24243947
Attached garage3 spaces
FireplaceFamily Room, Living Room, Primary Bedroom
ViewNeighborhood
Private poolYes

Summary

  • MLS Number: NP24243947
  • MLS Name: CRMLS
  • Office Name: Compass
  • Office Phone: (949) 335-8698
  • Listing Agent: Mark Taylor

IDX 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: 3/15/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$6,095,000

38 Palazzo

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Price information

Property sales

DateEventPrice
Mar 12, 2021
Home Sold
$3,371,000
Mar 05, 1999
Home Sold
$803,000

Tax history

YearAssessmentProperty Tax
2024$3,577,331$40,976
2023$3,507,188$39,978
2022$3,438,420$39,226
2021$1,373,818$17,530

History based on county public records data.

Nearby schools

8

Roy O. Andersen Elementary School

Public District KG-6

0.8 mi

1900 Port Seabourne Way

8

Abraham Lincoln Elementary School

Public District KG-6

1.6 mi

3101 Pacific View Dr

8

Eastbluff Elementary School

Public District KG-6

1.7 mi

2627 Vista Del Oro

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $140,094. Residents of Newport Beach, CA typically earn $200k+ each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

11%
<35k
27%
35k-100k
26%
100k-200k
36%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
7%
Single, with Kids
17%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
46%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Skiing/snowboardingSkiing/snowboarding
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • The Container StoreThe Container Store
  • NordstromNordstrom
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • VolkswagenVolkswagen
  • AcuraAcura

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 38 Palazzo

This home is located at 38 Palazzo in Newport Beach, CA and zip code 92660 in the Bonita Canyon neighborhood. This 5,033 square foot home, which was built in 1998, sits on a 0.23 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $6,095,000.

Over 12 listings were sold over their listed price in February 2025 in Newport Beach, CA. In the same period over 51 listings were sold below the listed price and 13 listings were sold for the listed price. The inventory of homes for sale in Newport Beach, CA between January and February 2025 increased by 19%. In February 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $3,532,144.

From Rocket Homes Real Estate and based on county public records data.

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