LKV Realty
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$8,490,000
$7,200Reward *
38 Palazzo, Newport Beach, CA 92660Listing ID NP26135875

38 Palazzo, Newport Beach, CA 92660

Active
Lucera (BCYL)
Time on site: 50 daysLast updated: Jul 19, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
7
Square Feet
Square Feet
5,351
Acres
Acres
0.23
Days on Site
Days on Site
48
Cooling
Cooling
Central Air
Heating
Heating
Forced Air
Year Built
Year Built
1998
Stories
Stories
2
Garages
Garages
3
Parking
Parking
Direct Access, Garage, Side By Side, Tandem

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 Information

Property Details

Location

Address
38 Palazzo
County
Orange
City
Newport Beach
Zip Code
92660
Subdivision
Lucera (BCYL)
School District
Newport Mesa Unified
High School
Corona Del Mar
Elementary School
Abraham Lincoln
MLS Area
NV - East Bluff - Harbor View

Interior Features

Beds and Baths

Bedrooms
5
Main Level Bedrooms
1
Full Bathrooms
6
Half Bathrooms
1

Building

Building Information

Square Feet
5,351
Year Built
1998
Stories
2
Foundation
Slab
Roof
Tile
Condition
Turnkey

Financial

Special Conditions
Standard

Homeowner Association

HOA Fee
$475
HOA Fee Frequency
Monthly
Mehdi KhoshBerkshire Hathaway HomeService, (949) 644-6200

Market Report for 92660

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

U18743 • NP41634