Search
16 Palazzo, Newport Beach, CA 92660
View Photos

16 Palazzo Newport Beach, CA 92660

$2,725,000 Sold Price as of 12/20/2019
  • 5 Beds
  • 4.5 Baths
  • 4,023 Sq.Ft.
Sold
$2,725,000 Sold Price as of 12/20/2019 Refinance Your Mortgage
Map preview of 16 Palazzo, Newport Beach, CA 92660

Property Overview: 16 Palazzo Newport Beach, CA has 5 bedrooms, 4.5 bathrooms, 4,023 living square feet and 7,553 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Situated on a coveted corner lot within the 24-hour guard gated community of Bonita Canyon, this turn-key home is an opportunity not to be missed. Upon entering the beautiful 5 bedroom, 4.5 bath residence, soaring ceilings and formal entertaining spaces beckon. An elegant dining room offers French doors that lead to a serene patio, and a gracious living room with fireplace is drenched in natural light. The spacious chef’s kitchen features stainless steel appliances, including a Thermador 6-burner rangetop and convection oven, newly remodeled quartzite countertops and a large center island with breakfast bar. Underscoring an open-concept layout, the kitchen opens onto a breakfast nook and a welcoming family room with fireplace and built-in cabinetry. An inviting and perfectly manicured rear yard creates the ideal al fresco entertaining venue. Punctuated by an outdoor island with BBQ, water feature, and covered patio, the rear yard is accessed by French doors from the kitchen, family room, or guest suite. An office nook, guest suite and large laundry room complete the main level. Upstairs, a luxurious master suite evokes relaxation with a sumptuous master bath offering an oversized shower, soaking tub, and dual walk-in closets. 3 additional bedrooms and a large bonus room join the master on the second floor. Additional features include a 3-car garage and resort-style community amenities including tennis courts, park, pool and spa.

Listed by Heather Kidder | BRE #01187466 | Compass
Co-listed by Stephanie Lowe | BRE #01118318 | Compass
Last checked: 10 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 89

Home details

Lot Sq. Ft
7,553
HOA Dues
$350/mo
Year built
1998
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP19196277
City
Newport Beach
County
Orange
Time on Site
1385 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 16 Palazzo

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Flooring: Carpet, Stone
  • Bonus Room, Family Room, Foyer, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Microwave, Range Hood, Refrigerator
  • Kitchen Island, Kitchen Open to Family Room, Stone Counters
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
Interior Features
  • 2 Staircases, Built-in Features, Recessed Lighting
  • Levels: Two
  • Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s), Wired for Alarm System
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association
  • Has Sprinklers
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Sprinkler System
  • Lot Size Source: Builder
Property Information
  • No View
  • View: None
  • Common Walls: End Unit, No Common Walls
  • Total # of Units: 1
  • Parcel Number: 45872319
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Bonita Canyon
  • Association Fee: $350 (Monthly)
  • Association Amenities: Pool, Barbecue, Outdoor Cooking Area, Playground, Sport Court, Guard, Controlled Access
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Lucera (BCYL)
  • Directions: Mesa View Drive to Palazzo
Neighborhood Information
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 16 Palazzo

Last sold for $2,725,000 on December 20th, 2019

  • December, 2019

  • Dec 20, 2019

    Date

    Sold

    CRMLS: NP19196277

    $2,725,000

    Price

  • Nov 25, 2019

    Date

    Pending

    CRMLS: NP19196277

    $2,850,000

    Price

  • Nov 13, 2019

    Date

    Active Under Contract

    CRMLS: NP19196277

    $2,850,000

    Price

  • Aug 16, 2019

    Date

    Active

    CRMLS: NP19196277

    $2,850,000

    Price

  • December, 2019

  • Dec 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,725,000

    Price

  • November, 1998

  • Nov 25, 1998

    Date

    Sold (Public Records)

    Public Records

    $740,000

    Price

Show More

Tax History for 16 Palazzo

Assessed Value (2020): $2,725,000
Year Land Value Improved Value Assessed Value
2020 $2,103,106 $621,894 $2,725,000

Home Value Compared to the Market

This property vs the competition

16 Palazzo sold on December 20, 2019 for 22.97% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $708.43 per/sqft which puts the price per square foot 47.91% lower than the current median sale per square foot for the city of Newport Beach.

About 16 Palazzo

Detailed summary of property

16 Palazzo is a single family home that recently sold in Newport Beach, CA 92660. This house offered 5 bedrooms, 4.5 bathrooms, roughly 4,023 living square feet, and sits on an approximately 7,553 square foot lot. 16 Palazzo was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $2,725,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 22.97% lower than the current median priced home. Local homes that are currently for sale include 20111 Kline Dr, 339 Onyx Ave and 1824 Beryl Ln. This home does have a Homeowners Association and the monthly fee is $350 per month. While the average home in Newport Beach, CA is selling in 73 days, 16 Palazzo has a days on market of 89 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 16 Palazzo Newport Beach, CA 92660 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 16 Palazzo

Public county record property details
Beds
5
Baths
4
Year built
1998
Sq. Ft.
4,023
Lot Size
7,530
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
34
APN
458-723-19

The source for these homes facts are from public records.

92660 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,800,000
Median List Price/Sq.Ft.
$1,227
Median Sold Price
$3,050,000
Median Sold Price/Sq.Ft.
$1,166
Total Inventory
131
Median Sale to List Price %
91.05%
Avg Days on Market
51
Loan Type
Conventional (7.14%), FHA (3.57%), VA (0%), Cash (46.43%), Other (42.86%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 16 Palazzo

Nearby Homes for Sale

512 Laver Way, Newport Beach, CA 92660
$2,499,800
5 Beds
3 Baths
2458 Sq.Ft.
512 Laver Way
Newport Beach, CA 92660
14 Lucerne, Newport Beach, CA 92660
$2,798,888
3 Beds
2 Baths
2921 Sq.Ft.
14 Lucerne
Newport Beach, CA 92660
2623 Raqueta, Newport Beach, CA 92660
$2,650,000
5 Beds
2 Baths
2458 Sq.Ft.
2623 Raqueta
Newport Beach, CA 92660
504 Playa, Newport Beach, CA 92660
$2,499,999
3 Beds
2 Baths
1923 Sq.Ft.
504 Playa
Newport Beach, CA 92660
2644 Vista Ornada, Newport Beach, CA 92660
$2,190,000
3 Beds
3 Baths
2798 Sq.Ft.
2644 Vista Ornada
Newport Beach, CA 92660
1 Grenelle, Newport Coast, CA 92657
$2,699,000
3 Beds
2 Baths
2240 Sq.Ft.
1 Grenelle
Newport Coast, CA 92657
1969 Vista Caudal, Newport Beach, CA 92660
$3,195,000
2 Beds
2 Baths
1965 Sq.Ft.
1969 Vista Caudal
Newport Beach, CA 92660
1069 Granville Dr, Newport Beach, CA 92660
$2,849,000
3 Beds
2 Baths
2064 Sq.Ft.
1069 Granville Dr
Newport Beach, CA 92660
5 Dorian, Newport Coast, CA 92657
$2,995,000
6 Beds
4 Baths
2906 Sq.Ft.
5 Dorian
Newport Coast, CA 92657
5114 Scholarship, Irvine, CA 92612
$2,225,000
2 Beds
2 Baths
2052 Sq.Ft.
5114 Scholarship
Irvine, CA 92612
3122 Scholarship, Irvine, CA 92612
$2,725,000
3 Beds
3 Baths
2385 Sq.Ft.
3122 Scholarship
Irvine, CA 92612
18775 Via San Marco, Irvine, CA 92603
$2,400,000
3 Beds
2 Baths
1845 Sq.Ft.
18775 Via San Marco
Irvine, CA 92603

Recently Sold Homes Near 16 Palazzo

5 Landport, Newport Beach, CA 92660
$4,295,000 Last Sold Price
4 Beds
4 Baths
4576 Sq.Ft.
5 Landport
Newport Beach, CA 92660
17 Palazzo, Newport Beach, CA 92660
$4,100,000 Last Sold Price
5 Beds
4 Baths
4084 Sq.Ft.
17 Palazzo
Newport Beach, CA 92660
20 Palazzo, Newport Beach, CA 92660
$2,455,000 Last Sold Price
4 Beds
3 Baths
3801 Sq.Ft.
20 Palazzo
Newport Beach, CA 92660
22 Palazzo, Newport Beach, CA 92660
$4,250,000 Last Sold Price
5 Beds
3 Baths
4153 Sq.Ft.
22 Palazzo
Newport Beach, CA 92660

Related Resources to 16 Palazzo

New Listings in 92660
Popular Zip Codes
Popular Cities
Other Newport Beach Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. 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, 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.

Refi Quote