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208 Via Palermo, Newport Beach, CA 92663

Sale Price: $7,250,000
Apr 4, 20254,669 sqft5 beds6 baths
Listed by: Jon Flagg
License #: 01316048
Phone #: 949-533-7878
Pacific Sotheby's Int'l Realty
Source:
CRMLS Logo
MLS #: NP25067091

Property Description

Welcome to 208 Via Palermo—an exquisite residence inspired by the warm, romantic elegance of Andalusian Coastal design, nestled in the heart of Lido Isle. Sited on an oversized 58-foot-wide lot, this stunning showpiece blends timeless architecture with exceptional craftsmanship, creating a home that’s both sophisticated and effortlessly comfortable. The thoughtfully curated design includes 5 en-suite bedrooms—including one on the main level—5.5 luxurious baths, a dedicated office, and a fully appointed theatre room. Rich hand-distressed walnut floors, true Venetian plaster, and a striking blend of stone, wood, and artisan finishes define the home’s refined interiors. At the center of the home, the gourmet kitchen is a chef’s dream, featuring Wolf appliances, a 6-burner stove with grill, Sub-Zero refrigeration, a Miele coffee bar, warming drawer, two Shaw original farmhouse sinks, and a walk-in pantry. The elegant formal dining room, illuminated by antique French chandeliers, connects to a stunning 850-bottle, climate-controlled wine cellar—perfect for entertaining with style. The spacious family room, anchored by a hand-carved limestone fireplace, flows into the private media room, creating a welcoming space for gathering and relaxing. Upstairs, the romantic primary suite boasts Juliet balconies, a carved limestone fireplace, and a spa-like bath with marble floors and countertops, dual vanities, a jetted soaking tub, and a dual-control walk-in shower. Outdoor living is equally exceptional, with multiple seating areas, a built-in stone fireplace, and built-in BBQ that invite year-round al fresco living. Additional highlights include a 3-car garage and the unmatched lifestyle of Lido Isle—featuring a private beach, yacht club, tennis courts, pickleball, water sports, vibrant social clubs, fine dining, boutique shopping, and easy access to major roadways. Every detail of this remarkable home reflects the vision of true Andalusian Coastal living—elegant, timeless, and designed to celebrate the beauty of coastal California
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$114,861

TurboHome Estimated Value

$7,826,200

$1,676 sqft

High Valuation
$8,217,510
$1760/sqft
Normal Valuation
$7,826,200
$1676/sqft
Low Valuation
$7,434,890
$1592/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1676/sqft$7,826,200

Neighborhood: Lido Island (LIDO)

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Comparative Value

$5.20M

$6.00M

$7.25M

$8.00M

$10.80M

133 Via Venezia, Newport Beach, CA 92663

Sale Price: $5,200,000

Selected Comparable

201 Via Cordova, Newport Beach, CA 92663

Sale Price: $6,000,000

Selected Comparable

208 Via Palermo, Newport Beach, CA 92663

Sale Price: $7,250,000

Selected Comparable

320 Fullerton Ave, Newport Beach, CA 92663

Sale Price: $7,395,000

Selected Comparable

208 Via Palermo, Newport Beach, CA 92663

List Price: $7,995,000

Subject Property

2521 Bayshore Dr, Newport Beach, CA 92663

Sale Price: $10,800,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
208 Via Palermo, Newport Beach, CA 92663

208 Via Palermo, Newport Beach, CA 92663

List: $7,995,000

Listed: 4/4/2025

Area:4,669 sqft
Price/sqft:$1,712
Beds:5
Baths:6
Year Built:
Lot Size:5,104

Comparable Properties

COMPARABLE
Choose comps
208 Via Palermo, Newport Beach, CA 92663

208 Via Palermo, Newport Beach, CA 92663

Sale: $7,250,000

6/9/20250.00 mi

Area:4,669 sqft
Price/sqft:$1,553
Beds:5
Baths:6
Year Built:
Weight:24.3%
201 Via Cordova, Newport Beach, CA 92663

201 Via Cordova, Newport Beach, CA 92663

Sale: $6,000,000

2/24/20250.44 mi

Area:3,986 sqft
Price/sqft:$1,505
Beds:5
Baths:6
Year Built:
Weight:20.0%
133 Via Venezia, Newport Beach, CA 92663

133 Via Venezia, Newport Beach, CA 92663

Sale: $5,200,000

8/15/20250.19 mi

Area:3,752 sqft
Price/sqft:$1,386
Beds:5
Baths:5
Year Built:
Weight:19.0%
320 Fullerton Ave, Newport Beach, CA 92663

320 Fullerton Ave, Newport Beach, CA 92663

Sale: $7,395,000

5/2/20250.58 mi

Area:4,986 sqft
Price/sqft:$1,483
Beds:5
Baths:7
Year Built:
Weight:18.9%
2521 Bayshore Dr, Newport Beach, CA 92663

2521 Bayshore Dr, Newport Beach, CA 92663

Sale: $10,800,000

3/26/20250.32 mi

Area:3,945 sqft
Price/sqft:$2,738
Beds:5
Baths:5
Year Built:
Weight:17.8%

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