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.
Sold for $5,700,000
Listed by: Compass • Mark Taylor • Contact: 949-438-4340
Bought with: Arbor Real Estate
$5,700,000
38 Palazzo, Newport Beach, CA 92660
5beds
5,033sqft
Single Family Residence
Built in 1998
10,103 Square Feet Lot
$8,098,500 Zestimate®
$1,133/sqft
$-- Estimated rent
Home value
$8,098,500
$7.69M - $8.50M
Not available
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Mark Taylor DRE #01877391 949-335-8698,
Compass,
Dylan Mason DRE #01709074,
Compass
Bought with:
Sara Taylor, DRE #01764056
Arbor Real Estate
Heather Kidder, DRE #01187466
Arbor Real Estate
Source: CRMLS,MLS#: NP24243947
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Pantry
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Closet, Dual Sinks, Separate Shower
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo, Remodeled, Updated Kitchen, Walk-In Pantry
Heating
- Central, Zoned
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Built-In Range, Barbecue, Dishwasher, Microwave, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
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)
- Flooring: Carpet, Wood
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 5,033 sqft
Property
Parking
- Total spaces: 3
- Parking features: Door-Multi, Direct Access, Door-Single, Driveway, Garage Faces Front, Garage
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Patio
- Exterior features: Barbecue
- Has private pool: Yes
- Pool features: In Ground, Private, Association
- Has spa: Yes
- Spa features: Association, Private
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,103 Square Feet
- Features: Back Yard, Corner Lot, Yard
Details
- Parcel number: 45872329
- 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
Community & HOA
Community
- Features: Curbs, Sidewalks
- Security: Gated with Guard, 24 Hour Security
- Subdivision: Lucera (Bcyl)
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Playground, Pool, Guard, Security, Tennis Court(s)
- HOA fee: $450 monthly
- HOA name: Bonita Canyon
- HOA phone: 949-768-7261
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,133/sqft
- Date on market: 1/15/2025
- Cumulative days on market: 21 days
- Listing terms: Cash,Contract
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2025 | Sold | $5,700,000-6.5%$1,133/sqft |
Source:  CRMLS #NP24243947 Report a problem | ||
| 2/7/2025 | Contingent | $6,095,000$1,211/sqft |
Source: CRMLS #NP24243947 Report a problem | ||
| 1/16/2025 | Listed for sale | $6,095,000$1,211/sqft |
Source: CRMLS #NP24243947 Report a problem | ||
Public tax history
Tax history is unavailable.
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
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Estimated market value
$8,098,500
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Estimated market value
$8,098,500
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