Welcome to this stunning Newport Beach residence. Located within the secure and private community of Bonita Canyon, 29 Palazzo boasts a prime corner lot positioned with the added reassurance of 24-hour guard-gated access. Spanning 3,800 sq. ft., this home features a luxurious main floor primary suite alongside a convenient main floor guest ensuite. The primary suite offers a relaxing sitting area, the bathrooms include dual vanities, a relaxing soaking tub, and spacious walk-in closet. The main floor also includes a formal dining room, home office, a welcoming great room adjacent to the kitchen, and a formal living room with a sophisticated fireplace. The kitchen is equipped with granite countertops, a breakfast nook area, and a generous island that opens to the cozy great room. Upstairs, are two additional bedrooms, and a full bathroom. There is an open lofted area perfect for an additional family room. The home features a 3-car garage with built-in storage cabinets and a workbench. The laundry room is located on the main level, adjacent to the garage. There are fully approved HOA architectural plans to redesign the entire space into a 5 bedroom, 4.5 bathroom home. Residents can take advantage of community amenities such as a pool, tennis court, and park/playground. Don't let this fantastic opportunity pass you by; make this exceptional Newport Beach property your new home today!
Sold for $4,350,000
Listed by: Coldwell Banker Realty • Julianne Pierzak • Contact: 949-244-4509
Bought with: eXp Realty of Greater Los Angeles, Inc.
Tax assessed value
$4,350,000
29 Palazzo, Newport Beach, CA 92660
4beds
3,801sqft
Single Family Residence
Built in 1998
8,241 Square Feet Lot
$5,096,500 Zestimate®
$1,144/sqft
$13,192 Estimated rent
Home value
$5,096,500
$4.69M - $5.61M
$13,192/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Julianne Pierzak DRE #02093647 949-244-4509,
Coldwell Banker Realty
Bought with:
Jerry Ma, DRE #02203879
eXp Realty of Greater Los Angeles, Inc.
Source: CRMLS,MLS#: NP24088867
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bonus Room, Bedroom, Entry/Foyer, Foyer, Kitchen, Laundry, Library, Living Room, Primary Bathroom, Primary Bedroom, Other, Dining Room
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Dual Sinks, Granite Counters, Soaking Tub, Separate Shower, Walk-In Shower
Kitchen
- Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Double Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
- Laundry: Laundry Room
Features
- Built-in Features, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Bedroom on Main Level, Entrance Foyer, Main Level Primary, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Doors: French Doors
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,801 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Patio
- Pool features: Community, Association
- Has view: Yes
- View description: None
Lot
- Size: 8,241 Square Feet
- Features: Corner Lot
Details
- Parcel number: 45872333
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Park, Sidewalks, Gated, Pool
- Security: Gated with Guard, Gated Community, Gated with Attendant, 24 Hour Security
- Subdivision: Lucera (Bcyl)
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
- HOA fee: $435 monthly
- HOA name: Bonita Canyon
- HOA phone: 949-833-2600
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,144/sqft
- Tax assessed value: $4,350,000
- Annual tax amount: $49,200
- Date on market: 5/17/2024
- Cumulative days on market: 38 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2024 | Sold | $4,350,000-5.3%$1,144/sqft |
Source:  CRMLS #NP24088867 Report a problem | ||
| 7/7/2024 | Pending sale | $4,595,000$1,209/sqft |
Source: CRMLS #NP24088867 Report a problem | ||
| 6/24/2024 | Contingent | $4,595,000$1,209/sqft |
Source: CRMLS #NP24088867 Report a problem | ||
| 5/17/2024 | Listed for sale | $4,595,000+25%$1,209/sqft |
Source: CRMLS #NP24088867 Report a problem | ||
| 8/18/2023 | Sold | $3,675,000-7%$967/sqft |
Source: CRMLS #NP23114609 Report a problem | ||
| 7/25/2023 | Pending sale | $3,950,000$1,039/sqft |
Source: CRMLS #NP23114609 Report a problem | ||
| 7/12/2023 | Contingent | $3,950,000$1,039/sqft |
Source: CRMLS #NP23114609 Report a problem | ||
| 6/28/2023 | Listed for sale | $3,950,000+442.6%$1,039/sqft |
Source: CRMLS #NP23114609 Report a problem | ||
| 3/4/1999 | Sold | $728,000$192/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $49,200 +17% | $4,350,000 +18.4% |
| 2024 | $42,064 +184.8% | $3,675,000 +234.5% |
| 2023 | $14,769 +1.9% | $1,098,796 +2% |
| 2022 | $14,487 +2.1% | $1,077,251 +2% |
| 2021 | $14,196 +1.4% | $1,056,129 +1% |
| 2020 | $13,995 | $1,045,300 +2% |
| 2019 | $13,995 +2.1% | $1,024,804 +2% |
| 2018 | $13,713 +1% | $1,004,710 +2% |
| 2017 | $13,583 | $985,010 +2% |
| 2016 | $13,583 +2.2% | $965,697 +1.5% |
| 2015 | $13,287 +3.5% | $951,192 +2% |
| 2014 | $12,837 | $932,560 +0.5% |
| 2013 | -- | $928,346 +2% |
| 2012 | -- | $910,144 +2% |
| 2011 | -- | $892,299 +0.8% |
| 2010 | -- | $885,631 -0.2% |
| 2009 | -- | $887,736 +2% |
| 2008 | -- | $870,330 +2% |
| 2007 | -- | $853,265 +2% |
| 2006 | -- | $836,535 +2% |
| 2005 | -- | $820,133 +2% |
| 2004 | -- | $804,052 +1.9% |
| 2003 | -- | $789,316 +2% |
| 2002 | -- | $773,840 +2% |
| 2001 | $10,681 -3.4% | $758,667 +2% |
| 2000 | $11,059 | $743,792 |
Find assessor info on the county website
Neighborhood: 92660
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Nearby schools
GreatSchools rating
- 9/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 1.6 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Lincoln
- Middle: Corona Del Mar
- High: Corona Del Mar
Source: CRMLS. 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
$5,096,500
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Estimated market value
$5,096,500
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