22 Palazzo, Newport Beach, CA 92660
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22 Palazzo Newport Beach, CA 92660

$4,250,000 Sold Price as of 03/31/2023
  • 5 Beds
  • 3.5 Baths
  • 4,153 Sq.Ft.
Sold
$4,250,000 Sold Price as of 03/31/2023 Refinance Your Mortgage

Map preview of 22 Palazzo, Newport Beach, CA 92660

Property Overview: 22 Palazzo Newport Beach, CA has 5 bedrooms, 3.5 bathrooms, 4,153 living square feet and 8,625 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to Newport Beach! This warm, welcoming and lovely home is nestled behind one of Southern California's most desirable guard-gated communities in Bonita Canyon. This fabulous property is extremely charming, boasting an elegant formal living and dining room, a great family room with various windows facing the outdoor space, built-in entertainment center and fireplace. An open kitchen that offers a center island with vegetable sink and stainless steel appliances perfect for hosting family parties. An abundance of windows throughout the home creates a bright and peaceful space. Upstairs features (3) guest bedrooms, a large master suite with a massive master bathroom that features a spa tub, dual vanities, and his-and-hers walk-in closets. Great upstairs bonus room over the garage perfect for any game room, studio loft or home office with a private rear staircase. A quiet and quaint courtyard just off the dining room. Additional downstairs workroom could be used as a 5th guest bedroom. The house is currently wired for audio throughout. Upgraded with Google Mesh internet routers, Nest keypad and remote video doorbell, Nest thermostats, Nest outdoor security cameras (front & backyard), and (2) Level 2 220-volt EV charging ports. Fantastic backyard oasis features a resort-like freshwater pool, with spa and waterfalls, a fireplace with lounge area and an island barbecue set for summertime entertaining! All located within the gates of Bonita Canyon, with 24-hour gated security, pool, playground, tennis, and much more with immediate proximity to Fashion Island, nationally acclaimed schools, and phenomenal world class beaches.

Listed by Martha Fernandez | BRE #02021934 | Allianz Capital Group, Inc.
Last checked: 4 minutes ago | Last updated: April 1st, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,625
HOA Dues
$435/mo
Year built
1998
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
PW23024871
City
Newport Beach
County
Orange
Time on Site
447 days

Property Details for 22 Palazzo

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Den, Family Room, Living Room, Outside
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Flooring: Tile, Wood
  • Bonus Room, Entry, Family Room, Foyer, Great Room, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, See Remarks, Walk-In Closet
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
  • # of Baths (3/4): 1
Interior Features
  • Levels: Two
  • Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Gated with Guard
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Private, Association, In Ground
  • Has Sprinklers
Exterior Features
  • Has Pool
  • Pool Features: Private, Association, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage - Single Door
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Sprinkler System
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 45872322
  • Year Built Source: Public Records
  • Property is not Attached
  • Offered With Property: Please inquire
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Bonita Canyon
  • Association Fee: $435 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Lucera (BCYL)
  • Directions: From the 73 fwy and MacArthur Blvd make a left on Bonita Canyon. Make a left onto Mesa View and a right onto Palazzo. Home is located on the right hand side.
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 22 Palazzo

Last sold for $4,250,000 on March 31st, 2023
  • March, 2023

  • Mar 31, 2023

    Date

    Sold

    CRMLS: PW23024871

    $4,250,000

    Price

  • Feb 20, 2023

    Date

    Active

    CRMLS: PW23024871

    $4,295,000

    Price

  • August, 2019

  • Aug 21, 2019

    Date

    Sold

    CRMLS: OC19097088

    $2,880,000

    Price

  • Aug 21, 2019

    Date

    Pending

    CRMLS: OC19097088

    $2,995,000

    Price

  • Jun 30, 2019

    Date

    Active Under Contract

    CRMLS: OC19097088

    $2,995,000

    Price

  • Apr 29, 2019

    Date

    Active

    CRMLS: OC19097088

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

    Nestled behind its own private gated motor-court and located in Newport Beach’s highly desirable guard-gated community of Bonita Canyon, this newly remodeled residence boasts an open floor plan that is highlighted by an abundance of natural light that flows throughout the entire home. The renovated chef's kitchen, features an oversized Alaskan white caesarstone clad island with pro-grade stainless steel appliances and flows seamlessly into the family room, creating an ideal space for everyday living and grand entertaining. The 5 bed + 4 1/2 bath expanded floor-plan includes a main floor en-suite bedroom, office, bonus room, dual staircase, and 4 bedrooms located on the upper level. Upstairs lies the sizeable master suite, characterized by the re-designed spa-like master bath, spa tub, dual vanities, and spacious his-and-hers walk-in closets. A second-level bonus room provides an exceptional space for a game room, secondary office, or media room. Luscious greenery envelops the outdoor space which is host to an island BBQ, fireplace, and covered loggia over the sitting area. A resort style spa and saltwater pool with waterfall features make this the quintessential entertainer’s backyard. Immediate proximity to world class shopping at Fashion Island, nationally acclaimed schools, and world-class beaches complete this dream home.

  • August, 2019

  • Aug 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,880,000

    Price

  • October, 2017

  • Oct 1, 2017

    Date

    Expired

    CRMLS: OC17122719

    $2,995,000

    Price

  • Sep 15, 2017

    Date

    Hold

    CRMLS: OC17122719

    $2,995,000

    Price

  • Sep 15, 2017

    Date

    Active

    CRMLS: OC17122719

    $2,995,000

    Price

  • Aug 15, 2017

    Date

    Hold

    CRMLS: OC17122719

    $2,995,000

    Price

  • Jun 20, 2017

    Date

    Price Change

    CRMLS: OC17122719

    $2,995,000

    Price

  • Jun 2, 2017

    Date

    Active

    CRMLS: OC17122719

    $3,150,000

    Price

  • Listing provided courtesy of CRMLS

    Nestled behind its own private gated motor-court and located in Newport Beach’s highly desirable guard-gated community of Bonita Canyon, this newly remodeled residence boasts an open floor plan that is highlighted by an abundance of natural light that flows throughout the entire home. The renovated chef's kitchen, features an oversized Alaskan white caesarstone clad island with pro-grade stainless steel appliances and flows seamlessly into the family room, creating an ideal space for everyday living and grand entertaining. The 5 bed + 4 1/2 bath expanded floor-plan includes a main floor en-suite bedroom, office, bonus room, dual staircase, and 4 bedrooms located on the upper level. Upstairs lies the sizeable master suite, characterized by the re-designed spa-like master bath, spa tub, dual vanities, and spacious his-and-hers walk-in closets. A second-level bonus room provides an exceptional space for a game room, secondary office, or media room. Luscious greenery envelops the outdoor space which is host to an island BBQ, fireplace, and covered loggia over the sitting area. A resort style spa and saltwater pool with waterfall features make this the quintessential entertainer’s backyard. Immediate proximity to world class shopping at Fashion Island, nationally acclaimed schools, and world-class beaches complete this dream home.

  • August, 2017

  • Aug 2, 2017

    Date

    Active

    CRMLS: OC17177453

    $10,500

    Price

  • Listing provided courtesy of CRMLS

    Nestled behind its own private gated motor-court and located in Newport Beach’s highly desirable guard-gated community of Bonita Canyon, this newly remodeled residence boasts an open floor plan that is highlighted by an abundance of natural light that flows throughout the entire home. The renovated chef's kitchen, features an oversized Alaskan white caesarstone clad island with pro-grade stainless steel appliances and flows seamlessly into the family room, creating an ideal space for everyday living and grand entertaining. The 5 bed + 4 1/2 bath expanded floor-plan includes a main floor en-suite bedroom, office, bonus room, dual staircase, and 4 bedrooms located on the upper level. Upstairs lies the sizeable master suite, characterized by the re-designed spa-like master bath, spa tub, dual vanities, and spacious his-and-hers walk-in closets. A second-level bonus room provides an exceptional space for a game room, secondary office, or media room. Luscious greenery envelops the outdoor space which is host to an island BBQ, fireplace, and covered loggia over the sitting area. A resort style spa and saltwater pool with waterfall features make this the quintessential entertainer’s backyard. Immediate proximity to world class shopping at Fashion Island, nationally acclaimed schools, and world-class beaches complete this dream home.

  • March, 2014

  • Mar 7, 2014

    Date

    Sold (Public Records)

    Public Records

    $2,261,000

    Price

Show More

Tax History for 22 Palazzo

Assessed Value (2020): $2,880,000
Year Land Value Improved Value Assessed Value
2020 $2,248,034 $631,966 $2,880,000

Home Value Compared to the Market

This property vs the competition

22 Palazzo sold on March 31, 2023 for 16.08% higher 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 $1034.19 per/sqft which puts the price per square foot 23.96% lower than the current median sale per square foot for the city of Newport Beach.

About 22 Palazzo

Detailed summary of property

22 Palazzo is a single family home that recently sold in Newport Beach, CA 92660. This house offered 5 bedrooms, 3.5 bathrooms, roughly 4,153 living square feet, and sits on an approximately 8,625 square foot lot. 22 Palazzo was first listed on ArdentRealEstateGroup.com on February 14, 2023. The homeowner sold the property for $4,250,000. 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 16.08% higher than the current median priced home. Local homes that are currently for sale include 4261 Uptown Newport Drive #6P, 8154 Scholarship and 1918 Santiago Dr. This home does have a Homeowners Association and the monthly fee is $435 per month. 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 22 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 22 Palazzo

Public county record property details
Beds
4
Baths
2
Year built
1998
Sq. Ft.
4,005
Lot Size
8,625
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
Yes
County
Orange
Lot#
31
APN
458-723-22

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%)

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Related Resources to 22 Palazzo

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.