208 Via Palermo Newport Beach, CA 92663
Lido Isle Neighborhood
5
Beds
5.5
Baths
4,669
Sq Ft
5,104
Sq Ft Lot
Highlights
- Boat Dock
- Wine Cellar
- Primary Bedroom Suite
- Newport Elementary School Rated A
- Home Theater
- 2-minute walk to Degrassi Park
About This Home
As of June 2025Welcome 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
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty Brokerage Email: jon@flaggrealestate.com License #01316048 Listed on: 04/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,631
Year Built
- Built in 2006
Lot Details
- 5,104 Sq Ft Lot
- Density is up to 1 Unit/Acre
HOA Fees
- $200 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Parking Available
Home Design
- Planned Development
Interior Spaces
- 4,669 Sq Ft Home
- 2-Story Property
- Built-In Features
- Beamed Ceilings
- Cathedral Ceiling
- Wine Cellar
- Family Room with Fireplace
- Dining Room with Fireplace
- Home Theater
- Home Office
- Laundry Room
Kitchen
- Eat-In Kitchen
- Walk-In Pantry
- Gas Oven
- Six Burner Stove
- Gas Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Heated Floor in Bathroom
- Stone Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Multiple Shower Heads
- Walk-in Shower
Outdoor Features
- Fireplace in Patio
- Open Patio
- Outdoor Fireplace
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 109
- Tax Tract Number 907
- Assessor Parcel Number 42323307
- $380 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- Lido Isle Association, Phone Number (949) 673-6170
- Lica HOA
- Lido Island Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Banquet Facilities
Recreation
- Boat Dock
- Pier or Dock
- Tennis Courts
- Pickleball Courts
- Sport Court
- Community Playground
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2025
Closed on
May 14, 2025
Sold by
Melissa Corrigan Marital Trust and Melissa Corrigan Living Trust
Bought by
Humble I Llc
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Keegan Budden
Douglas Elliman of California Inc.
List Price
$7,995,000
Sold Price
$7,250,000
Premium/Discount to List
-$745,000
-9.32%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$5,437,500
Outstanding Balance
$5,399,821
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$1,887,298
Purchase Details
Closed on
Oct 17, 2023
Sold by
Douglas J Corrigan Revocable Trust
Bought by
Melissa Corrigan Marital Trust and Corrigan
Purchase Details
Closed on
Jan 5, 2021
Sold by
Corrigan Douglas J and Corrigan Melissa
Bought by
Corrigan Douglas J and Corrigan Douglas J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,626,250
Interest Rate
2.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 12, 2014
Sold by
Corrigan Doug and Corrigan Melissa
Bought by
Corrigan Douglas J and Douglas J Corrigan Revocable Trust
Purchase Details
Closed on
Sep 7, 2011
Sold by
Clement John Edward and Clement Victoria Baldewin
Bought by
Corrigan Doug and Corrigan Melissa
Purchase Details
Closed on
Oct 1, 2009
Sold by
Clement Victoria Baldewin
Bought by
Clement John Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$831,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 1997
Sold by
William Leland and William Leisa D
Bought by
Clement John E and Clement Victoria B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,600
Interest Rate
7.12%
Similar Homes in the area
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $7,250,000 | Lawyers Title Company | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Wfg National Title Co Of Ca | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $3,800,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $621,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,437,500 | New Conventional | |
| Previous Owner | $2,626,250 | New Conventional | |
| Previous Owner | $2,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $831,000 | New Conventional | |
| Previous Owner | $2,400,000 | Unknown | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $2,100,000 | Construction | |
| Previous Owner | $1,600,000 | Construction | |
| Previous Owner | $592,650 | Unknown | |
| Previous Owner | $162,000 | Credit Line Revolving | |
| Previous Owner | $88,000 | Credit Line Revolving | |
| Previous Owner | $44,100 | Stand Alone Second | |
| Previous Owner | $620,000 | Unknown | |
| Previous Owner | $496,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Sold | $7,250,000 | -9.3% | $1,553 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $7,995,000 | 0.0% | $1,712 / Sq Ft |
| 02/06/2024 02/06/24 | Rented | $23,000 | 0.0% | -- |
| 02/03/2024 02/03/24 | Under Contract | -- | -- | -- |
| 01/24/2024 01/24/24 | Price Changed | $23,000 | -8.0% | $5 / Sq Ft |
| 11/16/2023 11/16/23 | For Rent | $25,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $49,631 | $4,773,013 | $3,474,813 | $1,298,200 |
| 2024 | $49,631 | $4,679,425 | $3,406,679 | $1,272,746 |
| 2023 | $48,473 | $4,587,672 | $3,339,881 | $1,247,791 |
| 2022 | $47,674 | $4,497,718 | $3,274,393 | $1,223,325 |
| 2021 | $46,758 | $4,409,528 | $3,210,189 | $1,199,339 |
| 2020 | $46,310 | $4,364,314 | $3,177,272 | $1,187,042 |
| 2019 | $45,343 | $4,278,740 | $3,114,973 | $1,163,767 |
| 2018 | $44,437 | $4,194,844 | $3,053,895 | $1,140,949 |
| 2017 | $43,650 | $4,112,593 | $2,994,015 | $1,118,578 |
| 2016 | $42,665 | $4,031,954 | $2,935,308 | $1,096,646 |
| 2015 | $42,266 | $3,971,391 | $2,891,217 | $1,080,174 |
| 2014 | $41,269 | $3,893,597 | $2,834,582 | $1,059,015 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 698-1910
65 in this area
139 Total Sales
-
Buyer's Agent in 2025
Keegan Budden
Douglas Elliman of California Inc.
(949) 734-6500
1 in this area
13 Total Sales
-
Seller's Agent in 2024
Diana Miner
Coldwell Banker Realty
(949) 394-6212
8 in this area
20 Total Sales
-
Buyer's Agent in 2024
John Yasko
Coldwell Banker Realty
(949) 207-8063
41 Total Sales
-
Buyer Co-Listing Agent in 2024
Tim Smith
Coldwell Banker Realty
(949) 717-4711
3 in this area
712 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25067091
APN: 423-233-07
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