Sold
16 Palazzo sold on December 20, 2019 for $2,725,000, 4.4% below the $2,850,000 asking price after 89 days on the market. The buyer financed the purchase. The details are below for reference.
16 Palazzo, Newport Beach, CA 92660
- 5 beds
- 5 baths
- 4,023 sq ft
- 7,553 sq ft lot
- Built 1998
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$2,725,000
Subdivision Lucera
The home
About 16 Palazzo
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.
Property details for 16 Palazzo
This 5-bedroom, 5-bath single-family home sits in the Lucera neighborhood of Newport Beach in Orange County. It has 4,023 square feet of living space on a 7,553-square-foot lot. The home was built in 1998. The MLS record lists the assessor parcel number as 458-723-19. Highlights include a community pool and spa, a fireplace, a guard-gated community, an attached three-car garage, and central air.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP19196277
- Year Built
- 1998
- Living Area (sq ft)
- 4,023
- Lot Size (sq ft)
- 7,553
- Lot Size (acres)
- 0.1734
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 4
- Half Baths
- 1
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- None
- HOA Dues
- $350
- HOA Frequency
- Monthly
- HOA Name
- Bonita Canyon
- Parcel Number
- 45872319
- On Market Date
- 2019-08-16
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Built In Features, Breakfast Area, Separate Formal Dining Room, Multiple Staircases, Recessed Lighting, Bedroom On Main Level, Entrance Foyer, Walk In Closets
- Appliances
- Six Burner Stove, Built In Range, Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Range Hood
- Flooring
- Carpet, Stone
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Family Room, Living Room
- Laundry
- Inside, Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 2
- Common Walls
- End Unit, No Common Walls
Exterior Features
- Lot Features
- Back Yard, Corner Lot, Front Yard, Sprinkler System
- Parking
- Direct Access, Driveway, Garage
- Pool Features
- Association
- Spa
- Association
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Lucera (BCYL)
- Community Features
- Curbs, Gutters, Park, Storm Drains, Street Lights, Sidewalks, Gated
- Association Amenities
- Controlled Access, Sport Court, Outdoor Cooking Area, Barbecue, Playground, Pool, Guard
- Security
- Prewired, Carbon Monoxide Detectors, Gated With Guard, Gated Community, Twenty Four Hour Security, Smoke Detectors
The record
Property History for 16 Palazzo
| Date | Event | Price | Note |
|---|---|---|---|
| Dec 20, 2019 | Sold | $2,725,000 | |
| Aug 16, 2019 | Listed for sale | $2,850,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 16 Palazzo
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0288K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, Tustin quadrangle, released January 17, 2001. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Tustin quadrangle, released January 17, 2001. Checked October 15, 2026.
- Tsunami hazard area
Outside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Cable: Cox Communications, up to 2,000 Mbps, at 31 of 31 residential locations in this census block. DSL: AT&T, up to 10 Mbps, at 31 of 31. Fixed wireless: Verizon, up to 300 Mbps, at 30 of 31.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626572011, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.4 miles away (ChargePoint, 2 Level 2 ports). 566 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
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Selling near 16 Palazzo
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The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Newport Beach home sales, past 12 months
- Homes sold
- 462
- Median price
- $4,354,000
- Median days on market
- 22
- Median per sq ft
- $1,602
Recorded MLS closings of single-family homes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Recent Newport Beach sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1000 Dover Drive | Nov 4, 2026 | $3,575,000 | 2,883 | $1,240 | 18 |
| 20141 Spruce | Nov 4, 2026 | $5,500,000 | 4,540 | $1,211 | 5 |
| 306 Alvarado Place | Nov 4, 2026 | $2,699,000 | 1,033 | $2,613 | 207 |
| 2012 Nautilus Lane | Nov 3, 2026 | $4,100,000 | 3,026 | $1,355 | 12 |
| 205 Via Lido Soud | Nov 3, 2026 | $9,646,120 | 3,282 | $2,939 | 73 |
Schools
School District for 16 Palazzo
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Heather Kidder of Compass
Listing information updated Jun 27, 2026 at 4:46 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.