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Sold

202 Via Palermo sold on January 17, 2023 for $6,100,000, 12.9% below the $7,000,000 asking price after 107 days on the market, including an earlier listing. The buyer paid cash. The details are below for reference.

Single Family ResidenceSold · Jan 17, 2023

202 Via Palermo, Newport Beach, CA 92663

  • 7 beds
  • 6 baths
  • 4,906 sq ft
  • 5,280 sq ft lot
  • Built 1947

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$6,100,000

MLS# NP23005804

Subdivision Lido Island

19 single-family homes sold in the past 12 months · median $6,430,000

See 9 homes for sale in Lido Island

This home has a newer listing: MLS OC24151032 (Sold).

The home

About 202 Via Palermo

Input for Comp Purposes

This home and its spacious lot present a very unique, and rare opportunity! Beautifully located on one of Lido's largest lots, this 66' parcel has fabulous potential to remodel or build new. Situated on the corner of Strada Centro and Strada Palermo, landscaped walkways welcome you to the home. The two-story home features 7 bedrooms plus 6 bathrooms, a 2-car garage, large outdoor space, and 2 interior fireplaces. The upper level boasts a second kitchen, perfect for multi-generational living. Bring your creativity to make this home special for generations to come, as it did for the family that started it all. Lido Isle has exceptional amenities - a clubhouse, beaches, tennis courts, private parks, playgrounds, and a 24-hour security patrol. The island is conveniently located close to shopping, world-class restaurants and hotels, with only a short beach cruiser ride to the Pacific Ocean and notable surf spots. Don't miss the special opportunity!

Property details for 202 Via Palermo

This 7-bedroom, 6-bath single-family home sits in the Lido Island neighborhood of Newport Beach in Orange County. It has 4,906 square feet of living space on a 5,280-square-foot lot. The home was built in 1947. The MLS record lists the assessor parcel number as 423-233-08. Highlights include a fireplace and an attached two-car garage.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
NP23005804
Year Built
1947
Living Area (sq ft)
4,906
Living Area Source
Assessor
Lot Size (sq ft)
5,280
Lot Size (acres)
0.1212
Levels
Two
Bedrooms
7
Full Baths
6
Garage Spaces
2
Parking Spaces
2
View
None
HOA Dues
$2,400
HOA Frequency
Annually
HOA Name
Lido Isle Community Association
Parcel Number
42323308
On Market Date
2023-01-11
Listing Terms
Standard
HOA fees
$200 monthly

Interior Features

Interior Features
Built In Features, Balcony
Appliances
Double Oven, Dishwasher, Electric Cooktop, Refrigerator, Water Heater
Flooring
Carpet, Tile, Wood
Heating
Forced Air
Cooling
None
Fireplace
Gas, Living Room, Primary Bedroom
Laundry
Laundry Room
Main Level Bathrooms
1
Common Walls
No Common Walls

Exterior Features

Lot Features
Close To Clubhouse, Corner Lot
Patio and Porch
Deck, Patio
Parking
Direct Access, Garage
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected
Condition
Fixer
Units
1

Community Features

Subdivision
Lido Island (LIDO)
Community Features
Curbs, Sidewalks
Association Amenities
Clubhouse, Dock, Meeting Room, Meeting Banquet Party Room, Outdoor Cooking Area, Picnic Area, Playground, Security, Tennis Courts
Security
Twenty Four Hour Security

The record

Property History for 202 Via Palermo

DateEventPriceNote
Oct 8, 2024 Sold $5,625,000 Douglas Elliman of California
Jan 17, 2023 Sold $6,100,000
Jan 11, 2023 Status changed to Pending From Active
Jan 11, 2023 Relisted $7,000,000

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 202 Via Palermo

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 06059C0381K 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 map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.

Liquefaction zone

Inside a Seismic Hazard Zone for liquefaction.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Inside 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

Fiber: AT&T, up to 5,000 Mbps, at 8 of 8 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 8 of 8. Fixed wireless: Verizon, up to 300 Mbps, at 8 of 8.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590629002011, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.3 miles away (Tesla Destination, 1 Level 2 port). 170 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

202 Via Palermo is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 202 Via Palermo

Thinking of selling nearby? We bring current Lido Island sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

Free home valuation

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.

Lido Island home sales, past 12 months

Homes sold
19
Median price
$6,430,000
Median days on market
16
Median per sq ft
$2,087

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 Lido Island sales

AddressClosedPriceSq ftPer sq ftDays on market
205 Via Lido Soud Nov 3, 2026 $9,646,120 3,282 $2,939 73
222 Via Graziana Oct 10, 2026 $5,700,000 2,641 $2,158 0
207 Via Jucar Oct 6, 2026 $6,430,000 3,598 $1,787 0
111 Via Koron Sep 29, 2026 $4,750,000 2,675 $1,776 190
365 Via Lido Soud Aug 26, 2026 $15,390,000 3,650 $4,216 0

Schools

School District for 202 Via Palermo

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 Marilyn Read of Coldwell Banker Realty

Listing information updated Jan 19, 2023 at 8:31 AM PT. Source: CRMLS.

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