17 Palazzo, Newport Beach, California 92660, Newport Beach, 92660 - 5 bed, 5 bath

17 Palazzo, Newport Beach, California 92660 home-pic-0
ACTIVE$5,295,000
17 Palazzo, Newport Beach, California 92660
5Beds
5Baths
4,084Sqft
6,517Lot
Year Built
1999
Close
-
List price
$5.29M
Original List price
$5.29M
Price/Sqft
$1,297
HOA
$450
Days on market
-
Sold On
-
MLS number
NP25267601
Home ConditionExcellent
Features
Spa
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,6 Pros. Rank: price - $5.29M(70th), sqft - 4084(77th), beds - 5(71th), baths - 5(75th).

Must see beautiful home in the prestigious guard gated community of Bonita Canyon. This Masterfully renovated light filled home has five bedrooms, 5 bathrooms, and a specious well designed open concept floor plan. The wow factor entry leads to a living room with high ceilings, large dining area, inviting family room and top of the line kitchen with high efficiency appliances, custom cabinetry, and large center island perfect for entertaining. The home embraces indoor outdoor living with fully retractable bifold doors that open to the outdoor living space fully equipped with a built in barbecue, spa and fireplace. In addition, the main level also has a first floor bedroom with an ensuite bath, an office area with built ins, a powder room, and breakfast nook. The Upper living space includes the expansive primary suite with a newly completed designer bath and large display perfect walk in designer closet. There are three additional bedrooms, two bathrooms, and a large secondary family room perfect for movie or game night, or just hanging out.. Other notable features include a repaid solar panel system, dual zoned air conditioning and heating and garage parking for three cars. Bonita Canyon is a prominent gated community in Newport Beach. Home ownership includes 24-hour guard gated security and access to the community pool, playground facilities, walking paths, and tennis court.

Nearby schools

7/10
Abraham Lincoln Elementary School
Public,K-61.5mi
9/10
Corona Del Mar High School
Public,7-121.2mi

Price History

Date
Event
Price
12/02/25
Listing
$5,295,000
09/06/22
Sold
$4,100,000
07/21/09
Sold
$1,725,000
01/19/99
Sold
$680,000
Condition Rating
Excellent

Built in 1999, this home has undergone a 'masterfully renovated' transformation, as confirmed by the listing description and images. The kitchen features top-of-the-line, high-efficiency stainless steel appliances, custom white cabinetry, pristine white countertops, and modern lighting, all appearing virtually new. The primary bathroom is a standout with a newly completed designer aesthetic, including a stylish blue double vanity, modern fixtures, a spacious walk-in shower with subway tile, and contemporary mosaic flooring. Throughout the home, light hardwood floors, recessed lighting, and updated fixtures contribute to a fresh, modern feel. The presence of a paid solar panel system and dual-zoned HVAC further indicates recent upgrades and excellent overall condition, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: High School: Corona Del Mar High School (9/10).
Prestigious Guard-Gated Community: Located in the exclusive Bonita Canyon community, offering 24-hour guard-gated security and access to premium amenities including a community pool, playground, walking paths, and tennis court.
Extensive High-End Renovation: The home has been masterfully renovated with a light-filled, open-concept floor plan, high ceilings, and designer finishes throughout, providing a modern and luxurious living experience.
Luxurious Kitchen & Primary Suite: Features a top-of-the-line kitchen with high-efficiency appliances, custom cabinetry, and a large center island, complemented by an expansive primary suite with a newly completed designer bath and walk-in closet.
Seamless Indoor/Outdoor Living: Equipped with fully retractable bifold doors that open to a private outdoor living space, complete with a built-in barbecue, spa, and fireplace, ideal for entertaining.
Modern Comforts & Efficiency: Includes a paid solar panel system, dual-zoned air conditioning and heating, a convenient first-floor bedroom with ensuite bath, a dedicated office, and a three-car garage.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4084, other record living area = 4023.
Lack of Views: The property explicitly states 'view: None,' which can be a significant drawback for a luxury home in a desirable Newport Beach location where views often command a premium.
High Association Fees: A monthly association fee of $450 is relatively high, adding a substantial recurring cost to homeownership.
Modest Lot Size: With a lot size of 6,517 sqft, it is relatively modest for a luxury home of this square footage (4,084 sqft) in Newport Beach, potentially limiting expansive yard space beyond the described outdoor living area.

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