2 months on rocket

208 Via Palermo, Newport Beach, CA, 92663

$8,495,000

5 Bedrooms
5 Full Baths, 1 Partial
4,669 SqFt
$1,819/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDirect Access, Garage
Attached Garage3 spaces
Year Built2006
HeatingForced Air
CoolingCentral Air
FireplaceDining Room, Family Room, Primary Bedroom, Outside
ViewNone
MLS #NP24166149
Lot Size0.12 Acres
StatusActive

About 208 Via Palermo

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.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 2
  • Living Area: 4,669 SqFt

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Email: jon@flaggrealestate.com
  • Listing Agent: Jon Flagg

Interior Features

Interior Information:

  • Appliances: Stove, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood
  • Flooring Type: Stone, Tile, Wood
  • Interior: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Two Story Ceilings, Bedroom on Main Level, Primary Suite, Walk-In Pantry, Wine Cellar, Walk-In Closet(s)
  • Fireplace: Dining Room, Family Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Garage

Virtual/3D Tour

  • Virtual Tour: 208 Via Palermo
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Newport Harbor High School, Public District Grades 9-12
  • Horace Ensign Intermediate School, Public District Grades 7-8
  • Newport Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Via Lido to Via Lido Soud right, to Via Palermo left

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,495,000
  • Price Per SqFt: $1,819/SqFt

HOA Fees:

  • Amount: $2400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $46,758
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

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Newport Beach, CA

City

Med. Sold Price

$3.4M

Med. Price/SqFt

$1,427

Avg. Days On Market

50

# of Sold Homes

68

208 Via Palermo vs Newport Beach

81 DAYS ON ROCKET

+31 Days

$8,495,000

+$5.0M More

$1,819/SqFt

+$392 More

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price and $392/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24166149

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Email: jon@flaggrealestate.com
  • Listing Agent: Jon Flagg

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/3/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 17, 2011Home Sold
$3,800,000
Jul 02, 1997Home Sold
$621,000

Tax History

YEARPROP. TAXASSESSMENT
2021$46,758$4,409,528
2020$46,309$4,364,314
2019$44,437$4,278,740
2018$44,437$4,194,844
2017$43,650$4,112,593

History based on county public records data.

Payment Calculator

$42.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-834828
8
/10

  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 0.41 miles

  • Public District Grades KG-6

Middle School

school-card-donut-834829
8
/10

  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 0.50 miles

  • Public District Grades 7-8

High School

school-card-donut-834830
7
/10

  • Newport Harbor High School

  • 600 Irvine Ave

  • 0.77 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $212,945. Typical income of Newport Beach, CA residents is $200k+ annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 208 Via Palermo

What is the listing price of this property?

The listing price of 208 Via Palermo property is $8,495,000.

What type of property is this?

The property 208 Via Palermo is a house located in Newport Beach, California, 92663.

Is this property for sale now?

Active Listing: 208 Via Palermo is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 208 Via Palermo are:
Newport Elementary School: GreatSchools Rating 8/10
Horace Ensign Intermediate School: GreatSchools Rating 8/10
Newport Harbor High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $46,758 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 17, 2011 for $3,800,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 208 Via Palermo has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 208 Via Palermo is 4,669 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 208 Via Palermo is 2006.
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Rocket Homes›California›Orange County›Newport Beach›92663›208 Via Palermo

This home is located at 208 Via Palermo in Newport Beach, CA and zip code 92663 in the Balboa Peninsula neighborhood. This 4,669 square foot home, which was built in 2006, sits on a 0.12 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $8,495,000.

While more than 6 listings in Newport Beach, CA in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 52 were sold below. The inventory of homes for sale in Newport Beach, CA between September 2024 and October 2024 increased by 2.6%. In October 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $3,475,000.

From Rocket Homes Real Estate and based on county public records data.

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