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38 Palazzo, Newport Beach, CA 92660

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For Sale
Sale Pending

$6,095,000

5 beds • 6 baths • 1 half baths • 5,033 sqft

Estimated Payment

$ 31,367 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $1,211.01
    Price per square foot

  • 21-30 Years Old
    Age

  • Pool
    Amenities

Explore this Property

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, seven 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.
MLS# NP24243947

Courtesy Of Compass

(949) 438-4340

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Pool
  • Appliances
    Barbeque or Grill, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Floor Covering
    Carpet, Wood
  • Heating System
    Central Furnace, Zoned
  • Rooms
    Family Room, Kitchen, Living Room, Office

Map and Directions

Directions to 38 Palazzo, Newport Beach, CA 92660

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $31,367
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $31,367

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Abraham Lincoln Elementary School

Grades KG-6 Public School

Corona Del Mar, CA 92625 1.6 miles
3101 pacific view dr

302 total students
21:1 Student teacher ratio

School Rating: A-

School Details

Corona Del Mar Middle And High School

Grades 7-12 Public School

Newport Beach, CA 92660 1.4 miles
2101 eastbluff dr

2169 total students
24:1 Student teacher ratio

School Rating: A

School Details
Other Nearby Schools Distance Type Grades School Rating
St Matthews Montessori 0.4 miles Private PK-TKG
Roy O. Andersen Elementary School 0.8 miles Public KG-6 A-
Newport Christian School 1 miles Private KG-12
University Montessori School 1.1 miles Private PK-KG
Tvt Community Day School 1.3 miles Private KG-12
Our Lady Queen Of Angels School 1.4 miles Private KG-8
Vista Verde K-8 School 1.5 miles Public KG-8 A
California University Fce High School 1.5 miles Private 9-12
Eastbluff Elementary School 1.7 miles Public KG-6 A-
Harbor Day School 1.7 miles Private KG-8
Newport Montessori School 2.1 miles Private PK-1
University High School 2.2 miles Public 9-12 A
Turtle Rock Elementary School 2.3 miles Public KG-6 A-
Harbor View Elementary School 2.3 miles Public KG-6 A
Bonita Canyon Elementary School 2.3 miles Public KG-6 A
Newport Coast Elementary School 2.4 miles Public KG-6 A-
Turtle Rock Preschool & Kindergarten 2.5 miles Private PK-KG
California Pacific Charter- Los Angeles 2.5 miles Public KG-12 B-

St Matthews Montessori

Distance: 0.4 miles

Type Private

Grades: PK-TKG

Roy O. Andersen Elementary School

Distance: 0.8 miles

Type Public

Grades: KG-6

A-

Newport Christian School

Distance: 1 miles

Type Private

Grades: KG-12

University Montessori School

Distance: 1.1 miles

Type Private

Grades: PK-KG

Tvt Community Day School

Distance: 1.3 miles

Type Private

Grades: KG-12

Our Lady Queen Of Angels School

Distance: 1.4 miles

Type Private

Grades: KG-8

Vista Verde K-8 School

Distance: 1.5 miles

Type Public

Grades: KG-8

A

California University Fce High School

Distance: 1.5 miles

Type Private

Grades: 9-12

Eastbluff Elementary School

Distance: 1.7 miles

Type Public

Grades: KG-6

A-

Harbor Day School

Distance: 1.7 miles

Type Private

Grades: KG-8

Newport Montessori School

Distance: 2.1 miles

Type Private

Grades: PK-1

University High School

Distance: 2.2 miles

Type Public

Grades: 9-12

A

Turtle Rock Elementary School

Distance: 2.3 miles

Type Public

Grades: KG-6

A-

Harbor View Elementary School

Distance: 2.3 miles

Type Public

Grades: KG-6

A

Bonita Canyon Elementary School

Distance: 2.3 miles

Type Public

Grades: KG-6

A

Newport Coast Elementary School

Distance: 2.4 miles

Type Public

Grades: KG-6

A-

Turtle Rock Preschool & Kindergarten

Distance: 2.5 miles

Type Private

Grades: PK-KG

California Pacific Charter- Los Angeles

Distance: 2.5 miles

Type Public

Grades: KG-12

B-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Newport Beach, CA 92660

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Newport Beach, CA 92660

This community’s employment is highest in the administrative support and food industries. The area’s overall household expenses are above the national average.

79° August
Hottest Average Month
44° January
Coldest Average Month
15,272 Total Households in Area
-0.7% Increase in population since the year 2010
22.2%
of households
have children
18 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Newport Beach, CA 92660

Newport Beach, CA 92660 has a population of 35,171 people in 15,272 households with a median age of 47 years old.

-0.7%
Decrease in population
since the year 2010
Population is Trending down
15,623
Total households as of 2010
2.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 47 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 77%
Asian 10%
Hispanic 9%
Other 3%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 77%, followed by Asian at 10%, Hispanic at 9%, and Other at 3%.

Economics
for Newport Beach, CA 92660

3,423 /sq mi
Population Density
$156,746 /yr
Median Household Income
$3,060,000
Median Sales Price
18 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 36.09% of the households.

Transportation to Work

  • Drive 73%
  • Work from Home 24%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Rented 7,877 47%
Owned 7,396 44%
Vacant 1,573 9%

White vs Blue Collar Jobs







White Collar 96%
Blue Collar 4%

Family & Education Facts
for Newport Beach, CA 92660

47 Median Age

Average Household Size

2.3
persons per
household

48.3%

Married Households

Community Population By Education

Bachelors Degree 43%
Graduate Degree 30%
Some College 14%
High School Graduate 6%
Associates Degree 5%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 42.96% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
22.2% of households have children

Weather
for Newport Beach, CA 92660

The weather for this area ranges from a high of 79° F in August to a low of 44° F in January

79° August
Hottest Average Month
44° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
44°
66°
Feb
46°
67°
Mar
47°
68°
Apr
50°
69°
May
54°
70°
Jun
57°
73°
Jul
61°
77°
Aug
62°
79°
Sep
60°
78°
Oct
55°
75°
Nov
49°
72°
Dec
44°
67°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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