Sold
38 Palazzo sold on March 26, 2025 for $5,700,000, 6.5% below the $6,095,000 asking price after 21 days on the market. The buyer financed the purchase with a conventional loan. The details are below for reference.
38 Palazzo, Newport Beach, CA 92660
- 5 beds
- 7 baths
- 5,033 sq ft
- 10,103 sq ft lot
- Built 1998
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$5,700,000
Subdivision Lucera
The home
About 38 Palazzo
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.
Property details for 38 Palazzo
This 5-bedroom, 7-bath single-family home sits in the Lucera neighborhood of Newport Beach in Orange County. It has 5,033 square feet of living space on a 10,103-square-foot lot. The home was built in 1998. The MLS record lists the assessor parcel number as 458-723-29. Highlights include a private 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
- NP24243947
- Year Built
- 1998
- Living Area (sq ft)
- 5,033
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 10,103
- Lot Size (acres)
- 0.2319
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 6
- Half Baths
- 1
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- Neighborhood
- Private Pool
- Yes
- HOA Dues
- $450
- HOA Frequency
- Monthly
- HOA Name
- Bonita Canyon
- Parcel Number
- 45872329
- On Market Date
- 2025-01-15
- Listing Terms
- Standard
Interior Features
- Interior 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 Closets
- Appliances
- Six Burner Stove, Built In Range, Barbecue, Dishwasher, Microwave, Refrigerator
- Flooring
- Carpet, Wood
- Heating
- Central, Zoned
- Cooling
- Central Air
- Fireplace
- Family Room, Living Room, Primary Bedroom
- Laundry
- Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Exterior Features
- Barbecue
- Lot Features
- Back Yard, Corner Lot, Yard
- Patio and Porch
- Patio
- Parking
- Door Multi, Direct Access, Door Single, Driveway, Garage Faces Front, Garage
- Pool Features
- In Ground, Private, Association
- Spa
- Association, Private
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Lucera (BCYL)
- Community Features
- Curbs, Sidewalks
- Association Amenities
- Barbecue, Playground, Pool, Guard, Security, Tennis Courts
- Security
- Gated With Guard, Twenty Four Hour Security
The record
Property History for 38 Palazzo
| Date | Event | Price | Note |
|---|---|---|---|
| Mar 26, 2025 | Sold | $5,700,000 | |
| Feb 7, 2025 | Status changed to Active Under Contract | From Active | |
| Jan 15, 2025 | Listed for sale | $6,095,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 38 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 9 of 9 residential locations in this census block. DSL: AT&T, up to 10 Mbps, at 9 of 9. Fixed wireless: Verizon, up to 300 Mbps, at 9 of 9.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626572007, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.3 miles away (ChargePoint, 2 Level 2 ports). 598 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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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
- 461
- Median price
- $4,365,000
- Median days on market
- 22
- Median per sq ft
- $1,605
Recorded MLS closings of single-family homes, Nov 3, 2025 to Nov 3, 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 |
|---|---|---|---|---|---|
| 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 |
| 2332 Vista Huerta | Nov 2, 2026 | $1,625,000 | 1,606 | $1,012 | 55 |
| 231 Tustin | Nov 2, 2026 | $6,449,000 | 5,140 | $1,255 | 13 |
| 118 Sapphire | Oct 30, 2026 | $6,275,000 | 2,321 | $2,704 | 31 |
Schools
School District for 38 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 Mark Taylor of Compass
Listing information updated Mar 27, 2025 at 9:38 AM 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.