33 Palermo Walk
Long Beach, CA, 90803
$3,465,000
MLS: PW26121197
Beds
3
Baths
4
Sq Ft
2,980
Lot
0.08 ac
Year Built
1950
MLS #
PW26121197
Days on Market
2
Listed
Jun 11, 2026
Description
Perfectly positioned on an oversized corner lot just steps from the water, this exceptional Coastal Contemporary Cape Cod captures the essence of Naples Island living. Nestled between the iconic Naples Canals and Alamitos Bay on prestigious Treasure Island, the residence offers a rare blend of timeless architecture, privacy, and effortless coastal sophistication. Behind lush, curated landscaping and mature plantings, a gated courtyard and inviting front porch create a memorable arrival experience, setting the tone for the warmth and craftsmanship found throughout the home. Inside, light-filled interiors are defined by soaring vaulted ceilings, rich hardwood floors, and impeccable custom details. Originally rebuilt in 2006 by renowned builder Craig Pettigrew, the home was thoughtfully designed for both elegant entertaining and comfortable everyday living. At the heart of the residence, the expansive Great Room seamlessly connects the living, dining, and kitchen spaces, featuring custom built-ins, wine storage, a welcoming fireplace, and a beautifully appointed chef's kitchen with professional-grade appliances, Carrara marble and travertine surfaces, and custom cabinetry. French doors open to a private outdoor retreat where a dramatic brick fireplace, built-in BBQ, and multiple gathering spaces create the ultimate setting for year-round indoor-outdoor living. Upstairs, the serene primary suite offers vaulted ceilings, a fireplace, walk-in closet, and spa-inspired bath, while two additional ensuite bedrooms provide exceptional comfort and privacy. A versatile landing retreat just outside the guest suites doubles as an ideal home office or study space and enjoys charming peek-a-boo canal views from the adjacent balcony. Further enhancing the home's appeal, the exterior has been extensively restored and meticulously maintained, including a newly installed 50-year roof thoughtfully designed to preserve the integrity and timeless character of its classic Cape Cod architecture. Just moments from the Naples Canals, Alamitos Bay, yacht clubs, Mother's Beach, and the renowned dining, shopping, and nightlife of Belmont Shore's vibrant Second Street, this is a rare opportunity to own a beautifully crafted residence in one of Long Beach's most sought-after waterfront communities.
Location
Long Beach, Los Angeles County, CA 90803
Open on Google Maps ↗Listed by: Ben Fisher · California Real Estate Company
Payment estimate
$24,961
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $346,500 · Loan: $3,118,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $19,752
- 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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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