33 Palermo Walk
Long Beach, CA, 90803
$3,465,000
MLS: PW26044831
Beds
3
Baths
4
Sq Ft
2,980
Lot
0.08 ac
Year Built
1950
MLS #
PW26044831
Days on Market
35
Listed
Mar 10, 2026
Description
Extraordinary secluded residence completely rebuilt in 2008 by elite builder Craig Pettigrew, this stunning 3 bedroom / 4 bath Coastal Contemporary Cape Cod home is situated on the prestigious Treasure Island on an oversized corner lot. The home was further extensively upgraded over the past two years through the installation of a new Da Vinci slate roof with copper trim and downspouts, along with new custom window casings, trim, moldings and cedar siding – all adding to the alluring curb appeal. On the interior of the home, the current owners also added new grass cloth wallcoverings and updated the two guest bedrooms and various light fixtures. The enchanting, private back terrace features a magnificent brick fireplace, outdoor Viking BBQ and plenty of room to entertain year-round! A gated courtyard and charming porch lead to a lead-glass front door opening into a spectacular living room highlighted by vaulted ceilings, an abundance of windows and sumptuous wood floors. The adjacent great room features a warm and inviting family room with a focal point fireplace flanked by beautiful built-ins and a subterranean level wine and spirits cellar, a formal dining area with custom shelving and sliding door access to the courtyard, and a fabulous chef’s kitchen with professional appliances, Carrara marble and travertine counters and custom cabinetry. The home is set up with a surround sound system inside and outside with separate sound controls in each room for seamless music entertainment. The upper level features a serene primary bedroom retreat with fireplace surrounded with custom built-ins, vaulted ceilings, chandeliers, walk-in closet and spa-like bathroom. The two additional bedrooms are both ensuite with each of their own full baths, and an adjacent hang-out space with desk area and custom built-ins (plenty of storage) with a peek-a-boo view of the canals from the balcony. The residence is of unparalleled quality and craftsmanship with extensive custom wood panels, crown moldings and shutters throughout. The home is perfectly located between romantic Naples Canal and picturesque Alamitos Bay, and just a short distance to unique dining, world class shopping and nightlife! Enjoy the Indoor/Outdoor Lifestyle of Naples Islands and Treasure Island.
Location
Long Beach, Los Angeles County, CA 90803
Open on Google Maps ↗Listed by: Keith Muirhead · Vista Sotheby's Int'l Realty
Payment estimate
$24,369
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $346,500 · Loan: $3,118,500
- Principal & Interest
- $19,161
- Property tax (1.25%)
- $3,609
- Homeowners insurance
- $300
- Mortgage insurance
- $1,299
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $121,275 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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