38 Palazzo, Newport Beach, CA 92660 - View 1
38 Palazzo, Newport Beach, CA 92660 - View 2
38 Palazzo, Newport Beach, CA 92660 - View 3
38 Palazzo, Newport Beach, CA 92660 - View 4
38 Palazzo, Newport Beach, CA 92660 - View 5
38 Palazzo, Newport Beach, CA 92660 - View 6
38 Palazzo, Newport Beach, CA 92660 - View 7
38 Palazzo, Newport Beach, CA 92660 - View 8
38 Palazzo, Newport Beach, CA 92660 - View 9
38 Palazzo, Newport Beach, CA 92660 - View 10
38 Palazzo, Newport Beach, CA 92660 - View 11
38 Palazzo, Newport Beach, CA 92660 - View 12
38 Palazzo, Newport Beach, CA 92660 - View 13
38 Palazzo, Newport Beach, CA 92660 - View 14
38 Palazzo, Newport Beach, CA 92660 - View 15
38 Palazzo, Newport Beach, CA 92660 - View 16
38 Palazzo, Newport Beach, CA 92660 - View 17
38 Palazzo, Newport Beach, CA 92660 - View 18
38 Palazzo, Newport Beach, CA 92660 - View 19
38 Palazzo, Newport Beach, CA 92660 - View 20
38 Palazzo, Newport Beach, CA 92660 - View 21
38 Palazzo, Newport Beach, CA 92660 - View 22
38 Palazzo, Newport Beach, CA 92660 - View 23
38 Palazzo, Newport Beach, CA 92660 - View 24
38 Palazzo, Newport Beach, CA 92660 - View 25
38 Palazzo, Newport Beach, CA 92660 - View 26
38 Palazzo, Newport Beach, CA 92660 - View 27
38 Palazzo, Newport Beach, CA 92660 - View 28
38 Palazzo, Newport Beach, CA 92660 - View 29
38 Palazzo, Newport Beach, CA 92660 - View 30

38 Palazzo, Newport Beach, CA 92660

Sale Price: $5,700,000
Jan 15, 20255,033 sqft5 beds7 baths
Listed by: Mark Taylor
License #: 01877391
Phone #: 949-438-4340
Compass
Source:
CRMLS Logo
MLS #: NP24243947

Property Description

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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$78,957

TurboHome Estimated Value

$5,679,400

$1,128 sqft

High Valuation
$5,963,370
$1185/sqft
Normal Valuation
$5,679,400
$1128/sqft
Low Valuation
$5,395,430
$1072/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1128/sqft$5,679,400

Neighborhood: Lucera (BCYL)

Loading map...

Comparative Value

$5.00M

$5.30M

$5.70M

$6.09M

$6.50M

$7.50M

32 Landport, Newport Beach, CA 92660

Sale Price: $5,000,000

Selected Comparable

21 Marble Sands, Newport Beach, CA 92660

Sale Price: $5,300,000

Selected Comparable

38 Palazzo, Newport Beach, CA 92660

Sale Price: $5,700,000

Selected Comparable

38 Palazzo, Newport Beach, CA 92660

List Price: $6,095,000

Subject Property

1829 Port Sheffield Pl, Newport Beach, CA 92660

Sale Price: $6,500,000

Selected Comparable

1821 Port Seabourne Way, Newport Beach, CA 92660

Sale Price: $7,500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
38 Palazzo, Newport Beach, CA 92660

38 Palazzo, Newport Beach, CA 92660

List: $6,095,000

Listed: 1/15/2025

Area:5,033 sqft
Price/sqft:$1,211
Beds:5
Baths:7
Year Built:
Lot Size:10,103

Comparable Properties

COMPARABLE
Choose comps
38 Palazzo, Newport Beach, CA 92660

38 Palazzo, Newport Beach, CA 92660

Sale: $5,700,000

3/26/20250.00 mi

Area:5,033 sqft
Price/sqft:$1,133
Beds:5
Baths:7
Year Built:
Weight:23.6%
21 Marble Sands, Newport Beach, CA 92660

21 Marble Sands, Newport Beach, CA 92660

Sale: $5,300,000

7/3/20250.09 mi

Area:4,510 sqft
Price/sqft:$1,175
Beds:5
Baths:6
Year Built:
Weight:20.5%
1829 Port Sheffield Pl, Newport Beach, CA 92660

1829 Port Sheffield Pl, Newport Beach, CA 92660

Sale: $6,500,000

2/7/20250.47 mi

Area:4,805 sqft
Price/sqft:$1,353
Beds:5
Baths:6
Year Built:
Weight:18.8%
32 Landport, Newport Beach, CA 92660

32 Landport, Newport Beach, CA 92660

Sale: $5,000,000

1/22/20250.06 mi

Area:4,510 sqft
Price/sqft:$1,109
Beds:5
Baths:6
Year Built:
Weight:18.7%
1821 Port Seabourne Way, Newport Beach, CA 92660

1821 Port Seabourne Way, Newport Beach, CA 92660

Sale: $7,500,000

4/28/20250.85 mi

Area:4,643 sqft
Price/sqft:$1,615
Beds:5
Baths:6
Year Built:
Weight:18.4%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-selling journey

Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times