38 Palazzo Newport Beach, CA 92660
Newport Beach AreaEstimated payment $50,082/month
Highlights
- Gated with Attendant
- Heated In Ground Pool
- Updated Kitchen
- Abraham Lincoln Elementary School Rated A
- Primary Bedroom Suite
- Open Floorplan
About This Home
A beautifully reimagined estate where refined interiors, resort-inspired grounds, and effortless indoor-outdoor living create one of Bonita Canyon's most exceptional offerings. Gracefully positioned on a coveted corner parcel within guard-gated Bonita Canyon, this extraordinary 5,510-square-foot residence has undergone a remarkable transformation including expanding the family room, blending timeless architecture with sophisticated contemporary design.
Offering five bedrooms and six and a half baths, including a sought-after main-level bedroom suite, the home is defined by wide-plank hardwood flooring, custom millwork, dramatic archways, and curated designer finishes that create a warm and refined atmosphere throughout.
The heart of the home is a stunning chef's kitchen featuring custom white oak cabinetry, premium appliances, dual sinks, exquisite stone surfaces, an oversized center island, and a retractable serving window that seamlessly connects to the outdoor entertaining pavilion.
Expansive disappearing walls of glass blur the distinction between indoors and out, opening to a truly resort-inspired setting. Surrounded by mature bamboo and lush landscaping, the grounds feature a spectacular pool and spa with cascading water features, expansive patios, a covered outdoor kitchen and bar, and a breathtaking custom aquarium that creates a one-of-a-kind entertainment experience, and a full exterior bath for pool use.
The residence also offers a richly appointed executive office with illuminated built-ins, spacious secondary bedrooms, a flexible bonus room, and an extraordinary primary retreat complete with a private sitting room and fireplace, spa-inspired bath with freestanding soaking tub and oversized shower, and a boutique-quality dressing room rivaling those found in luxury estates.
A rare offering where impeccable craftsmanship, resort-caliber amenities, and effortless indoor-outdoor living come together to create an exceptional Newport Beach lifestyle. Bonita Canyon Amenities include, Jr. Size olympic pool, tennis court, tot lot, Greenbelts, Picnic area, and Gate Guarded access to the community.
Listing Agent
Berkshire Hathaway HomeService Brokerage Phone: 714-609-2361 License #00892388 Listed on: 06/23/2026
Co-Listing Agent
Berkshire Hathaway HomeService Brokerage Phone: 714-609-2361 License #01910847
Open House Schedule
-
Saturday, July 18, 20261:00 to 3:00 pm7/18/2026 1:00:00 PM +00:007/18/2026 3:00:00 PM +00:00Masterfully renovated and situated on a premier corner lot in guard-gated Bonita Canyon, this 5,510-square-foot estate offers 5 bedrooms and 6.6 baths, including a main-level bedroom suite. Designer finishes, wide-plank hardwood floors, executive office, chef’s kitchen, and disappearing walls of glass create effortless indoor-outdoor living. Resort-style grounds feature a pool, spa, waterfalls, outdoor kitchen, custom aquarium, lush privacy landscaping, and a full exterior bath for pool use.Add to Calendar
Home Details
Home Type
- Single Family
Year Built
- Built in 1998
Lot Details
- 10,103 Sq Ft Lot
- Block Wall Fence
- Back Yard
HOA Fees
- $475 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Parking Available
- Side by Side Parking
- Tandem Garage
Home Design
- Entry on the 1st floor
- Turnkey
- Planned Development
- Slab Foundation
- Interior Block Wall
- Tile Roof
Interior Spaces
- 5,351 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Beamed Ceilings
- Recessed Lighting
- Fireplace With Gas Starter
- Double Pane Windows
- Custom Window Coverings
- Formal Entry
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room with Fireplace
- Home Office
- Bonus Room
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Self-Closing Cabinet Doors
- Utility Sink
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Retreat
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- In-Law or Guest Suite
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Freestanding Bathtub
- Soaking Tub
- Bathtub with Shower
- Separate Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Waterfall Pool Feature
Outdoor Features
- Balcony
- Exterior Lighting
Location
- Suburban Location
Schools
- Abraham Lincoln Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Forced Air Heating and Cooling System
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 15517
- Assessor Parcel Number 45872329
- Seller Considering Concessions
Community Details
Overview
- Bonita Canyon Maintenance Association, Phone Number (800) 369-7260
- Pcm HOA
- Lucera Subdivision
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Security
- Gated with Attendant
- Card or Code Access
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $41,770 | $3,648,877 | $2,769,560 | $879,317 |
| 2024 | $40,977 | $3,577,331 | $2,715,255 | $862,076 |
| 2023 | $39,979 | $3,507,188 | $2,662,015 | $845,173 |
| 2022 | $39,227 | $3,438,420 | $2,609,819 | $828,601 |
| 2021 | $17,531 | $1,373,818 | $646,123 | $727,695 |
| 2020 | $17,297 | $1,359,732 | $639,498 | $720,234 |
| 2019 | $16,878 | $1,333,071 | $626,959 | $706,112 |
| 2018 | $16,550 | $1,306,933 | $614,666 | $692,267 |
| 2017 | $16,628 | $1,281,307 | $602,613 | $678,694 |
| 2016 | $16,264 | $1,256,184 | $590,797 | $665,387 |
| 2015 | $16,080 | $1,237,315 | $581,922 | $655,393 |
| 2014 | $15,720 | $1,213,078 | $570,523 | $642,555 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/23/2026 06/23/26 | For Sale | $8,490,000 | +48.9% | $1,587 / Sq Ft | |
| 03/26/2025 03/26/25 | Sold | $5,700,000 | -6.5% | $1,133 / Sq Ft | View Prior Sale |
| 01/15/2025 01/15/25 | For Sale | $6,095,000 | -- | $1,211 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,700,000 | Chicago Title Company | |
| Grant Deed | $3,371,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $803,000 | First American Title Ins Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,200,000 | New Conventional | |
| Closed | $4,275,000 | New Conventional | |
| Previous Owner | $2,696,800 | New Conventional | |
| Previous Owner | $582,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $642,350 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP26135875
APN: 458-723-29
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
- 58 Victoria
- 1962 Port Cardiff Place
- 2030 Port Weybridge Place
- 2007 Port Provence Place
- 1 Fayence
- 909 Muirfield Dr
- 3 Weybridge Ct
- 21 Fayence
- 1700 Port Ashley Place
- 1961 Port Cardigan Place
- 17 Monaco Unit 12
- 2 Chatham Ct
- 7 Cherbourg
- 2 Royal Saint George Rd
- 1 Royal Saint George Rd
- 2 Belcourt Dr
- 1 Nerval
- 1753 Port Manleigh Cir
- 12 Seyne
- 6 Pinehurst Ln
- 25 Marble Sands
- 23 Boardwalk
- 100 Vilaggio
- 2215 Port Lerwick Place
- 1 Ambroise
- 2407 Port Whitby Place
- 32 Gleneagles Dr
- 85 Hillsdale Dr
- 1845 Port Seabourne Way
- 14 Rockingham Dr
- 6 Ironwood Dr
- 100 Turtle Crest Dr
- 2 Milano Dr
- 7 Crooked Stick Dr
- 2965 Corte Portofino
- 26 Coventry Unit 25
- 3142 Corte Hermosa
- 67 Sea Island Dr
- 3160 Corte Hermosa
- 1836 Port Stanhope Place
Ask me questions while you tour the home.