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208 Via Palermo, Newport Beach, CA 92663
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208 Via Palermo Newport Beach, CA 92663

$8,495,000
  • 5 Beds
  • 5.5 Baths
  • 4,669 Sq.Ft.
For Sale
$8,495,000 Get Pre-Qualified
Map preview of 208 Via Palermo, Newport Beach, CA 92663

Property Overview: 208 Via Palermo Newport Beach, CA has 5 bedrooms, 5.5 bathrooms, 4,669 living square feet and 5,104 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 208 Via Palermo, a stunning showpiece in the prestigious island community of Lido Isle. This exquisite residence, sited on an impressive 58’ wide lot, is built with impeccable attention to detail embodying comfortable elegance and timeless style. The home boasts 5 bedroom suites, including one on the first floor, and 5.5 luxurious baths, office and theatre room. Generously proportioned living spaces feature hand-distressed walnut floors, true Venetian plaster a beautiful array of hand-picked stones, wood, colors and finishes. The gourmet kitchen is a chef's dream, equipped with Wolf appliances, a 6-burner stove with grill, sub-zero refrigerator, Miele built-in coffee bar, warming drawer, two Shaw original sinks, walk-in pantry. The formal dining room, adorned with antique French chandeliers, is perfect for elegant dinners and features an 850 bottle, climate-controlled wine cellar. The spacious family room, with a handcrafted limestone fireplace, and the full-theatre media room provide ample space for relaxation and entertainment. The master suite is a romantic retreat, featuring a carved limestone fireplace, Juliet balconies, marble bathroom floors, and countertops, dual vanities, a jetted soaking tub and a walk-in shower with dual controls. Outdoor living is equally impressive, with a built-in stone fireplace, BBQ, and multiple seating areas for entertaining. Additional amenities include a dedicated office, a 3-car garage, and community perks such as access to a private beach, yacht club, tennis courts, pickleball, water sports, social clubs, award-winning restaurants, retail stores, and easy freeway access. This property offers an unparalleled lifestyle in the heart of Lido Isle.

Listed by Jon Flagg | BRE #01316048 | Pacific Sotheby's Int'l Realty
Last checked: 14 minutes ago | Last updated: September 13th, 2024 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
5,104
HOA Dues
$200/mo
Year built
2006
Garage
3 Car
Property Type:
Single Family Home
Status
Active
MLS#
NP24166149
City
Newport Beach
County
Orange
Time on Site
32 days

Open Houses for 208 Via Palermo

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Property Details for 208 Via Palermo

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Dining Room, Family Room, Primary Bedroom, Outside, Patio
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Area, Dining Room
  • Flooring: Stone, Tile, Wood
  • Family Room, Home Theatre, Kitchen, Laundry, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator
  • Kitchen Island, Stone Counters, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 5
  • # of Baths (1/2): 1
Interior Features
  • Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), High Ceilings, Two Story Ceilings
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio, Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Direct Garage Access
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 42323307
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Lido Isle Association
  • Association Fee: $2,400 (Annually)
  • Association Amenities: Barbecue, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Sport Court, Clubhouse, Banquet Facilities, Management
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Lido Island (LIDO)
  • Directions: Via Lido to Via Lido Soud right, to Via Palermo left
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 208 Via Palermo

Last leased for $23,000 on February 6th, 2024

  • August, 2024

  • Aug 12, 2024

    Date

    Active

    CRMLS: NP24166149

    $8,495,000

    Price

  • February, 2024

  • Feb 6, 2024

    Date

    Leased

    CRMLS: NP23212356

    $23,000

    Price

  • Nov 16, 2023

    Date

    Active

    CRMLS: NP23212356

    $25,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 208 Via Palermo, Lido Isle. Beautifully designed, furnished or unfurnished on approx a double lot with the highest quality workmanship features 5 bedroom suites, (1 downstairs) and 5.5 bathrooms. This exquisite home has hand distressed hardwood floors, smart home technology and surround sound system throughout. The first level features an office, gourmet kitchen with several shaw original sinks, Wolf appliances-6 burner stove with grill, sub-zero refrigerator, walk-in pantry, Miele built-in coffee bar, warming drawer, and a 850 bottle walk-in wine cellar. There is a spacious family room with limestone fireplace, elegant dining room with antique french chandelier, fireplace, and separate laundry room. The first floor bedroom suite features an ensuite bathroom with tub and shower. The second level has a theater media room, 4 bedroom suites with Juilet balconies, bathrooms with hand laid imported tiles, a spacious master suite with limestone carved fireplace, heated marble bathroom floors, marble countertops, double sinks, jetted soaking tub, and separate walk-in shower with dual controls. The home has french doors leading out to a spacious entertaining area with built-in stone fireplace, BBQ and several sitting areas for entertaining & gatherings. Lido Isle community offers a private beach, yacht club, tennis courts, pickleball, water sport access, many social clubs, great walking access to award winning restaurants, retail stores and freeways for easy access!

  • October, 2011

  • Oct 17, 2011

    Date

    Sold (Public Records)

    Public Records

    $3,800,000

    Price

  • July, 1997

  • Jul 2, 1997

    Date

    Sold (Public Records)

    Public Records

    $621,000

    Price

Show More

Tax History for 208 Via Palermo

Assessed Value (2020): $4,364,314
Year Land Value Improved Value Assessed Value
2020 $3,177,272 $1,187,042 $4,364,314

Home Value Compared to the Market

This property vs the competition

208 Via Palermo is listed 93.99% higher than the median list price for the city of Newport Beach which has a median list price of $4,379,000. The median price per/sqft for Newport Beach is $1,509 and this home is listed at $1819.45 per/sqft which puts the price per square foot 20.57% higher than the median price per square foot for the city of Newport Beach.

About 208 Via Palermo

Detailed summary of property

208 Via Palermo is a single family home located in Newport Beach, CA 92663 and is currently for sale. This house offers 5 bedrooms, 5.5 bathrooms, roughly 4,669 living square feet, and sits on an approximately 5,104 square foot lot. 208 Via Palermo was first listed on ArdentRealEstateGroup.com on August 12, 2024. The homeowner is currently asking $8,495,000. The median priced home in Newport Beach is $4,379,000 with a median price per square foot of $1,509. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 93.99% higher than the median priced home. Local competing homes currently for sale include 421 E Edgewater Ave, 421 E Edgewater Ave and 3006 W Oceanfront. This home does have a Homeowners Association and the monthly fee is $200 per month. While the average home in Newport Beach, CA is selling in 93 days, 208 Via Palermo has a days on market of 32 days. There are currently 268 homes for sale in the Newport Beach real estate market and 198 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 208 Via Palermo Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 208 Via Palermo

Public county record property details
Beds
5
Baths
5
Year built
2004
Sq. Ft.
4,669
Lot Size
5,104
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
109
APN
423-233-07

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,950,000
Median List Price/Sq.Ft.
$1,653
Median Sold Price
$2,670,000
Median Sold Price/Sq.Ft.
$1,489
Total Inventory
93
Median Sale to List Price %
92.23%
Avg Days on Market
51
Loan Type
Conventional (28%), FHA (4%), VA (0%), Cash (32%), Other (36%)

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(714) 706-1823

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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.

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