$5,800,000
5Beds5Baths4,023SqFt
30 PalazzoNewport Beach, CA 92660Lucera
38 Palazzo, Newport Beach, CA 92660
- 5 beds
- 7 baths
- 5,351 sq ft
- 10,102 sq ft lot
- Built 1998
$8,490,000
Subdivision Lucera
The home
About 38 Palazzo
A beautifully reimagined estate where refined interiors, resort-inspired grounds, and effortless indoor-outdoor living create one of Bonita Canyon's most exceptional offerings.
Gracefully positioned on a coveted corner parcel within guard-gated Bonita Canyon, this extraordinary 5,510-square-foot residence has undergone a remarkable transformation including expanding the family room, blending timeless architecture with sophisticated contemporary design.
Offering five bedrooms and six and a half baths, including a sought-after main-level bedroom suite, the home is defined by wide-plank hardwood flooring, custom millwork, dramatic archways, and curated designer finishes that create a warm and refined atmosphere throughout.
The heart of the home is a stunning chef's kitchen featuring custom white oak cabinetry, premium appliances, dual sinks, exquisite stone surfaces, an oversized center island, and a retractable serving window that seamlessly connects to the outdoor entertaining pavilion.
Expansive disappearing walls of glass blur the distinction between indoors and out, opening to a truly resort-inspired setting. Surrounded by mature bamboo and lush landscaping, the grounds feature a spectacular pool and spa with cascading water features, expansive patios, a covered outdoor kitchen and bar, and a breathtaking custom aquarium that creates a one-of-a-kind entertainment experience, and a full exterior bath for pool use.
The residence also offers a richly appointed executive office with illuminated built-ins, spacious secondary bedrooms, a flexible bonus room, and an extraordinary primary retreat complete with a private sitting room and fireplace, spa-inspired bath with freestanding soaking tub and oversized shower, and a boutique-quality dressing room rivaling those found in luxury estates.
A rare offering where impeccable craftsmanship, resort-caliber amenities, and effortless indoor-outdoor living come together to create an exceptional Newport Beach lifestyle. Bonita Canyon Amenities include, Jr. Size olympic pool, tennis court, tot lot, Greenbelts, Picnic area, and Gate Guarded access to the community.
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 offers 5,351 square feet of living space and is listed at $8,490,000, about $1,587 per square foot. 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, a 10,102-square-foot lot, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $8,490,000
- Days On Site
- 96 Days
- Bedrooms
- 5
- Inside Area (SqFt)
- 5,351 sqft
- Total Baths
- 7
- Full Baths
- 6
- Partial Baths
- 1
- Lot Size
- 10,102 SqFt
- Year Built
- 1998
- MLS® Number
- NP26135875
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $475 monthly
- Sq Ft Source
- PublicRecords
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP26135875
- Year Built
- 1998
- Living Area (sq ft)
- 5,351
- Living Area Source
- Public Records
- 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
- None
- Private Pool
- Yes
- HOA Dues
- $475
- HOA Frequency
- Monthly
- HOA Name
- Bonita Canyon Maintenance
- Parcel Number
- 45872329
- On Market Date
- 2026-06-23
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Breakfast Bar, Built In Features, Balcony, Breakfast Area, Block Walls, Separate Formal Dining Room, In Law Floorplan, Open Floorplan, Pantry, Recessed Lighting, Bedroom On Main Level, Entrance Foyer, Primary Suite, Walk In Pantry, Walk In Closets
- Appliances
- Six Burner Stove, Built In Range, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Water To Refrigerator, Water Heater
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Dining Room, Gas Starter, Living Room, Primary Bedroom
- Laundry
- Inside, Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Custom Coverings, Double Pane Windows
- Rooms
- Bonus Room, Entry Foyer, Bathroom, Kitchen, Dining Room, Foyer, Primary Bedroom, Laundry, Bedroom, Office, Living Room, Pantry, Family Room
Exterior Features
- Roof
- Tile
- Foundation
- Slab
- Lot Features
- Back Yard
- Parking
- Direct Access, Garage, Side By Side, Tandem
- Fencing
- Block
- Pool Features
- Heated, In Ground, Private, Waterfall, Association
- Spa
- Heated, In Ground, Private
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
- Condition
- Turnkey
- Units
- 1
Community Features
- Subdivision
- Lucera (BCYL)
- Community Features
- Curbs, Street Lights, Suburban, Sidewalks, Gated
- Association Amenities
- Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pool, Tennis Courts
- Security
- Carbon Monoxide Detectors, Gated Community, Gated With Attendant, Key Card Entry, Smoke Detectors
The record
Property History for 38 Palazzo
| Date | Event | Price | Note |
|---|---|---|---|
| Jun 23, 2026 | Listed for sale | $8,490,000 | |
| Mar 26, 2025 | Sold | $5,700,000 | Compass |
Cost of ownership
Estimated monthly payment
6.95% · 30-yr fixed$
$64,355/mo
10% down · 30-year fixed · $849,000 down
Principal & interest$50,579
Mortgage insurance (est., over 80% LTV)$3,184
Property tax (est. 1.08%)$7,641
Home insurance (rough est., varies widely)$2,476
HOA from listing$475
$55,552/mo
20% down · 30-year fixed · $1,698,000 down
Principal & interest$44,960
Property tax (est. 1.08%)$7,641
Home insurance (rough est., varies widely)$2,476
HOA from listing$475
$49,932/mo
30% down · 30-year fixed · $2,547,000 down
Principal & interest$39,340
Property tax (est. 1.08%)$7,641
Home insurance (rough est., varies widely)$2,476
HOA from listing$475
Estimated carrying cost
$10,592/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$7,641
Home insurance (rough est., varies widely)$2,476
HOA from listing$475
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.95% (week of Sep 17, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 38 Palazzo
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Selling near 38 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
- 466
- Median price
- $4,266,250
- Median days on market
- 23
- Median per sq ft
- $1,611
Recorded MLS closings of single-family homes, Sep 20, 2025 to Sep 20, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Newport Beach sales
At $1,587 per square foot, this home's asking price is close to the Newport Beach median of $1,611 for single-family homes that closed in the past 12 months.
Recent Newport Beach sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1730 E Ocean Boulevard | Sep 18, 2026 | $4,200,000 | 2,100 | $2,000 | 110 |
| 30 Long Bay | Sep 18, 2026 | $4,500,000 | 3,100 | $1,452 | 36 |
| 3618 Park Lane | Sep 18, 2026 | $4,300,000 | 1,913 | $2,248 | 2 |
| 416 Aliso Avenue | Sep 18, 2026 | $3,120,000 | 1,830 | $1,705 | 92 |
| 1842 Santiago | Sep 17, 2026 | $4,302,500 | 2,500 | $1,721 | 5 |
Schools
Schools for 38 Palazzo
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Abraham Lincoln
- Middle
- Corona Del Mar
- High
- Corona Del Mar
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
Location
Location
Photographs
Photos of 38 Palazzo, Newport Beach
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Listed by Mehdi Khosh of Berkshire Hathaway HomeService
Listing information updated Sep 27, 2026 at 12:08 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.