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Off market
  • $5,138,500

    16 Palazzo, Newport Beach, CA 92660

    5beds
    4,023sqft
    SingleFamily
    Built in 1998
    7,553 Square Feet Lot
    $5,138,500 Zestimate®
    $1,277/sqft
    $13,655 Estimated rent

    Home value

    $5,138,500

    $4.57M - $5.76M

    $13,655/mo

    Zestimate® history
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    $13,655/mo

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    $13,655/mo

    Rent Zestimate®

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    $33,072/mo

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    $33,072/mo

    Est. payment

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    What's special

    Situated on a coveted corner lot within the 24-hour guard gated community of Bonita Canyon, this turn-key home is an opportunity not to be missed. Upon entering the beautiful 5 bedroom, 4.5 bath residence, soaring ceilings and formal entertaining spaces beckon. An elegant dining room offers French doors that lead to a serene patio, and a gracious living room with fireplace is drenched in natural light. The spacious chef's kitchen features stainless steel appliances, including a Thermador 6-burner rangetop and convection oven, newly remodeled quartzite countertops and a large center island with breakfast bar. Underscoring an open-concept layout, the kitchen opens onto a breakfast nook and a welcoming family room with fireplace and built-in cabinetry. An inviting and perfectly manicured rear yard creates the ideal al fresco entertaining venue. Punctuated by an outdoor island with BBQ, water feature, and covered patio, the rear yard is accessed by French doors from the kitchen, family room, or guest suite. An office nook, guest suite and large laundry room complete the main level. Upstairs, a luxurious master suite evokes relaxation with a sumptuous master bath offering an oversized shower, soaking tub, and dual walk-in closets. 3 additional bedrooms and a large bonus room join the master on the second floor. Additional features include a 3-car garage and resort-style community amenities including tennis courts, park, pool and spa.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator
    • Laundry: Individual Room, Inside
    Features
    • Recessed Lighting, 2 Staircases, Built-in Features
    • Flooring: Carpet
    • Has fireplace: Yes
    • Fireplace features: Living Room, Family Room
    • Common walls with other units/homes: No Common Walls, End Unit
    Interior area
    • Total interior livable area: 4,023 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Levels: Two
    • Pool features: Association
    • Spa features: Association
    Lot
    • Size: 7,553 Square Feet
    • Features: Back Yard, Front Yard, Corner Lot, Sprinkler System
    Details
    • Parcel number: 45872319
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Pool
    • HOA fee: $350 monthly
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $1,277/sqft
    • Tax assessed value: $2,980,183
    • Annual tax amount: $34,790

    Price history

    DateEventPrice
    12/20/2019Sold$2,725,000-4.4%$677/sqft
    Source: CRMLS #NP19196277 Report a problem
    12/20/2019Listed for sale$2,850,000$708/sqft
    Source: Compass #NP19196277 Report a problem
    11/13/2019Pending sale$2,850,000$708/sqft
    Source: Compass #NP19196277 Report a problem
    8/16/2019Listed for sale$2,850,000+285.1%$708/sqft
    Source: Compass #NP19196277 Report a problem
    11/25/1998Sold$740,000$184/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$34,790 +1.9%$2,980,183 +2%
    2024$34,136 +2.5%$2,921,749 +2%
    2023$33,300 +1.9%$2,864,460 +2%
    2022$32,672 +2%$2,808,295 +2%
    2021$32,029 -21.7%$2,753,231 +1%
    2020$40,884 +29.2%$2,725,000 +161.1%
    2019$31,649 +127.6%$1,043,735 +2%
    2018$13,903 +1%$1,023,270 +2%
    2017$13,766 $1,003,206 +2%
    2016$13,766 +2.2%$983,536 +1.5%
    2015$13,466 +3.5%$968,763 +2%
    2014$13,011 $949,787 +0.5%
    2013-- $945,495 +2%
    2012-- $926,956 +2%
    2011-- $908,781 +0.8%
    2010-- $901,990 -0.2%
    2009-- $904,134 +2%
    2008-- $886,406 +2%
    2007-- $869,026 +2%
    2006-- $851,987 +2%
    2005-- $835,282 +2%
    2004-- $818,904 +1.9%
    2003-- $803,896 +2%
    2002-- $788,134 +2%
    2001$10,823 -3.3%$772,681 +2%
    2000$11,198 $757,531
    Find assessor info on the county website

    Neighborhood: 92660

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Newport Mesa Unified

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,138,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,138,500