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ActiveSingleFamilyResidence

33 Palermo Walk

Long Beach, CA, 90803

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$3,465,000

MLS: RS26210329

Beds

3

Baths

4

Sq Ft

2,980

Lot

0.08 ac

Year Built

1950

MLS #

RS26210329

Days on Market

1

Listed

Oct 12, 2026

Description

An exceptional offering on coveted Treasure Island, this beautifully appointed Coastal Cape Cod occupies an oversized corner lot just moments from picturesque Naples Canals and gorgeous Alamitos Bay. Timeless architecture, unparalleled craftsmanship, refined finishes, and an effortless connection between indoor and outdoor spaces create a residence of warmth, sophistication, and understated coastal luxury. Soaring vaulted ceilings, rich hardwood floors, custom millwork, and abundant natural light define the interiors. At the heart of the home, an impressive Great Room brings together the living room, with inviting fireplace, custom built-ins, under stair wine cellar, and dining room with sliding door access to the lushly landscaped front garden, with a well-designed chef’s kitchen featuring a stunning Carrera marble island, luxury appliances, and generous storage creating an elegant yet inviting setting for both intimate gatherings and grand-scale entertaining. French doors open to a secluded courtyard that feels like a private coastal retreat offering sunset views & cool bay breezes anchored by a dramatic brick fireplace and complemented by a built-in BBQ and multiple spaces for alfresco dining and entertaining. Upstairs, the primary suite is a secluded sanctuary with vaulted ceilings, a serene fireplace, generous walk-in closet, and spa-inspired bath with soaking tub and glass enclosed shower. Two additional ensuite bedrooms offer exquisitely appointed accommodations, while a versatile office or lounge space opens to a private balcony with charming peek-a-boo views toward the canals. Set within one of Naples Island’s most sought-after enclaves, the home is moments from the waterfront, yacht clubs, beaches, Alamitos Bay, and the celebrated dining and boutiques of Second Street. A rare opportunity to own a distinctive coastal residence in an extraordinary location.

Location

Long Beach, Los Angeles County, CA 90803

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Listed by: Andrew Carter · Fiv Realty Co

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$26,801

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $346,500 · Loan: $3,118,500

%

Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$21,592
Property tax (1.25%)
$3,609
Homeowners insurance
$300
Mortgage insurance
$1,299
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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 Oct 8, 2026

30-year fixed
7.40%
15-year fixed
6.73%

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

See Long Beach, CA 90803 market trends →

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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.