38 Palazzo, Newport Beach, CA 92660
- $5,700,000
- 5
- BD
- 7
- BA
- 5,033
- SqFt
- Sold Price
- $5,700,000
- List Price
- $6,095,000
- Closing Date
- Mar 26, 2025
- Status
- CLOSED
- MLS#
- NP24243947
- Year Built
- 1998
- Bedrooms
- 5
- Bathrooms
- 7
- Living Sq. Ft
- 5,033
- Lot Size
- 10,103
- Acres
- 0.23
- Lot Location
- Back Yard, Corner Lot, Yard
- Days on Market
- 20
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
- Neighborhood
- Lucera (Bcyl)
Property 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 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.
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Additional Information
- HOA
- 450
- Frequency
- Monthly
- Association Amenities
- Barbecue, Playground, Pool, Guard, Security, Tennis Court(s)
- Appliances
- 6 Burner Stove, Built-In Range, Barbecue, Dishwasher, Microwave, Refrigerator
- Pool
- Yes
- Pool Description
- In Ground, Private, Association
- Fireplace Description
- Family Room, Living Room, Primary Bedroom
- Heat
- Central, Zoned
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Neighborhood
- Patio
- Patio
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- School District
- Newport Mesa Unified
- Interior 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)
- Attached Structure
- Detached
- Number Of Units Total
- 1
Listing courtesy of Listing Agent: Mark Taylor (marktaylor@compass.com) from Listing Office: Compass.
Listing sold by Sara Taylor from Arbor Real Estate
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.