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29 Palazzo, Newport Beach, CA 92660
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29 Palazzo Newport Beach, CA 92660

$4,350,000 Sold Price as of 07/24/2024
  • 4 Beds
  • 3.5 Baths
  • 3,801 Sq.Ft.
Sold
$4,350,000 Sold Price as of 07/24/2024 Refinance Your Mortgage

Property Overview: 29 Palazzo Newport Beach, CA has 4 bedrooms, 3.5 bathrooms, 3,801 living square feet and 8,241 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this stunning Newport Beach residence. Located within the secure and private community of Bonita Canyon, 29 Palazzo boasts a prime corner lot positioned with the added reassurance of 24-hour guard-gated access. Spanning 3,800 sq. ft., this home features a luxurious main floor primary suite alongside a convenient main floor guest ensuite. The primary suite offers a relaxing sitting area, the bathrooms include dual vanities, a relaxing soaking tub, and spacious walk-in closet. The main floor also includes a formal dining room, home office, a welcoming great room adjacent to the kitchen, and a formal living room with a sophisticated fireplace. The kitchen is equipped with granite countertops, a breakfast nook area, and a generous island that opens to the cozy great room. Upstairs, are two additional bedrooms, and a full bathroom. There is an open lofted area perfect for an additional family room. The home features a 3-car garage with built-in storage cabinets and a workbench. The laundry room is located on the main level, adjacent to the garage. There are fully approved HOA architectural plans to redesign the entire space into a 5 bedroom, 4.5 bathroom home. Residents can take advantage of community amenities such as a pool, tennis court, and park/playground. Don't let this fantastic opportunity pass you by; make this exceptional Newport Beach property your new home today!

Listed by Julianne Pierzak | BRE #02093647 | Coldwell Banker Realty
Last checked: 13 minutes ago | Last updated: July 24th, 2024 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
8,241
HOA Dues
$435/mo
Year built
1998
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP24088867
City
Newport Beach
County
Orange
Time on Site
113 days

Property Details for 29 Palazzo

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Washer Included
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Flooring: Carpet, Tile
  • Bonus Room, Formal Entry, Foyer, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
  • Granite Counters, Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Built-in Features, Granite Counters, High Ceilings
  • Levels: Two
  • Security Features: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard
  • Door Features: French Doors
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Community
  • Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Public Records
  • Common Interest: Planned Development
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 45872333
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
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, Playground, Tennis Court(s)
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: CFD/Mello-Roos
Schools
School Information
  • Elementary School: Lincoln
  • Elementary School: LINCOL
  • Middle/Junior High School: Corona Del Mar
  • Middle/Junior High School: CODEMA
  • High School: Corona Del Mar
  • High School: CODEMA
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Lucera (BCYL)
  • Directions: MacArthur to Ford Road
Neighborhood Information
  • Community Features: Park, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 29 Palazzo

Last sold for $4,350,000 on July 24th, 2024

  • July, 2024

  • Jul 24, 2024

    Date

    Sold

    CRMLS: NP24088867

    $4,350,000

    Price

  • May 17, 2024

    Date

    Active

    CRMLS: NP24088867

    $4,595,000

    Price

  • August, 2023

  • Aug 18, 2023

    Date

    Sold

    CRMLS: NP23114609

    $3,675,000

    Price

  • Jun 28, 2023

    Date

    Active

    CRMLS: NP23114609

    $3,950,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this beautiful Newport Beach property! Offering both security and privacy, 29 Palazzo is situated on a corner lot within the 24-hour guard gated community of Bonita Canyon. This 3,800 sq. ft. home contains a main floor primary suite as well as a main floor guest suite. The primary suite is complete with dual vanities, soaking tub and large walk-in closet, providing ample storage space. Also located on the main floor is a formal dining room, library/ study, a great room adjacent to the kitchen, and a formal living room with an elegant fireplace. The kitchen showcases granite countertops, space for a breakfast nook, and a large island that opens to the great room that also features a fireplace, creating a cozy ambiance. The second floor includes the third bedroom and bath, an abundance of flexible open area, plus an additional office space. Other notable features include the 3-car garage, which includes built-in storage cabinets and a workbench for added convenience. The convenience of a laundry room off of the garage adds to the functionality of the home. The home’s relaxing and private backyard provides a perfect ambiance to entertain family and friends. Fresh updates to the home include newer carpet, interior/exterior paint and landscaping. Enjoy the amenities of the community, including a pool, tennis court, and park/playground. Don't miss the opportunity to call this remarkable Newport Beach property your new home!

  • March, 1999

  • Mar 4, 1999

    Date

    Sold (Public Records)

    Public Records

    $728,000

    Price

Show More

Tax History for 29 Palazzo

Assessed Value (2020): $1,045,300
Year Land Value Improved Value Assessed Value
2020 $562,826 $482,474 $1,045,300

Home Value Compared to the Market

This property vs the competition

29 Palazzo sold on July 24, 2024 for 67.09% higher than the current median sold price for the city of Newport Beach which is $2,750,000. The median sold price per/sqft for Newport Beach is $1,406 and this home is sold at $1208.89 per/sqft which puts the price per square foot 14.02% lower than the current median sale per square foot for the city of Newport Beach.

About 29 Palazzo

Detailed summary of property

29 Palazzo is a single family home that recently sold in Newport Beach, CA 92660. This house offered 4 bedrooms, 3.5 bathrooms, roughly 3,801 living square feet, and sits on an approximately 8,241 square foot lot. 29 Palazzo was first listed on ArdentRealEstateGroup.com on May 17, 2024. The homeowner sold the property for $4,350,000. Home in Newport Beach are selling for a median price of $2,750,000 and a median price per square foot of $1,406. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 67.09% higher than the current median priced home. Local homes that are currently for sale include 621 Lido Park Dr #B3, 363 Newport Glen Court and 113 Via Yella. This home does have a Homeowners Association and the monthly fee is $435 per month. While the average home in Newport Beach, CA is selling in 97 days, 29 Palazzo has a days on market of 38 days. There are currently 273 homes for sale in the Newport Beach real estate market and 200 of them are single family homes while 56 of them are condos and 17 are townhomes. For more information on this home for sale at 29 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 29 Palazzo

Public county record property details
Beds
3
Baths
3
Year built
1998
Sq. Ft.
3,801
Lot Size
8,241
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
20
APN
458-723-33

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
$3,899,888
Median List Price/Sq.Ft.
$1,255
Median Sold Price
$2,500,000
Median Sold Price/Sq.Ft.
$1,110
Total Inventory
126
Median Sale to List Price %
89.32%
Avg Days on Market
39
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (33.33%), Other (44.44%)

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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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