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33 Palermo Walk, Long Beach, CA, 90803

3beds
4baths
2,980sqft
$3,465,000
$1,163price/sqft
$22,353/moest. monthly cost
$894,120/yrincome needed

About This Home

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 stainless 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.

Getting Around

65
WalkingSomewhat Walkable
29
TransitSome Transit
60
BikeBikeable

Schools

8/10
Naples Elementary SchoolGrades K-50.1 mi
8/10
Rogers Middle SchoolGrades 6-81.0 mi
6/10
Wilson High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Updated/Remodeled,Turnkey
  • Year built: 1950

Materials

  • Foundation: Raised
  • Roof: Slate
  • Construction materials: Shingle Siding,Stucco,Copper Plumbing

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod,Custom,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Gas Cooktop,Disposal,Microwave,Refrigerator,Range Hood,Self Cleaning Oven,Water Heater,Dryer,Washer
  • Laundry features: Inside,Laundry Room

Bathroom

  • Features: Bathtub,Dual Sinks,Granite Counters,Stone Counters,Remodeled,Soaking Tub,Separate Shower,Tub Shower,Vanity

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 1

Family Room

  • Features: Separate Family Room

Features

  • Beamed Ceilings,Breakfast Bar,Built-in Features,Balcony,Chair Rail,Ceiling Fan(s),Crown Molding,Cathedral Ceiling(s),Separate/Formal Dining Room,Eat-in Kitchen,Granite Counters,High Ceilings,Open Floorplan,Paneling/Wainscoting,Stone Counters,Recessed Lighting,Storage,Wired for Sound,All Bedrooms Up,Attic,Primary Suite
  • Door features: French Doors
  • Window features: Bay Window(s),Custom Covering(s),Plantation Shutters,Screens,Skylight(s),Shutters,Wood Frames
  • Flooring: Wood
  • Fireplace features: Gas,Gas Starter,Living Room,Primary Bedroom,Outside
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Fireplace(s),Natural Gas
  • Cooling features: Central Air,Dual

Interior Area

  • Total interior livable area: 2,980 sqft

Kitchen

  • Features: Kitchen Island,Kitchen/Family Room Combo,Pots & Pan Drawers,Stone Counters,Remodeled,Updated Kitchen,Utility Sink

Other

  • Features: Walk-In Closet(s)

Property

Accessibility

  • Accessibility features: Low Pile Carpet,Accessible Doors,Accessible Entrance

Details

  • Parcel number: 7244027005
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Brick,Front Porch,Open,Patio
  • Exterior features: Barbecue,Lighting,Rain Gutters
  • Spa features: None
  • Fencing: Excellent Condition
  • Has view: Yes
  • View description: Canal,Courtyard,Marina,Neighborhood,Peek-A-Boo,Water
  • Has water view: Yes
  • Water view: Canal,Marina,Water
  • Waterfront features: Navigable Water,Ocean Access,Ocean Side Of Freeway,Ocean Side Of Highway

Lot

  • Lot size: 3,486 sqft
  • Features: 0-1 Unit/Acre,Back Yard,Corner Lot,Front Yard,Garden,Sprinklers In Front,Irregular Lot,Landscaped,Level,Near Public Transit,Street Level,Walkstreet,Yard

Parking

  • Total spaces: 2
  • Parking features: Concrete,Direct Access,Driveway Level,Door-Single,Garage,On Site,Private,Garage Faces Rear,Side By Side
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Inland Flooding
Heat Wave
Tsunami
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,520$210,240
Home Insurance *$449$5,388
Property Taxes $3,745$44,940
Electricity $639$7,668
Total$22,353$268,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$766,388/yr
40% on housing$670,590/yr
45% on housing$596,080/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,163This listing

vs Other Active Listings

Avg $/sqft

ZIP 90803$732
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90803$916
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Listed for rent$12,000
2026-04-15Price change$3,465,000
2026-03-10Listed for sale$3,654,000
2022-04-13Sold$3,107,500
2022-04-05Pending sale$3,249,000
2022-03-15Contingent$3,249,000
2022-02-19Listed for sale$3,249,000
2010-03-26Sold$1,750,000
2010-01-23Listed for sale$1,900,000
2003-10-17Sold$1,125,000
2001-03-09Sold$860,000
1999-06-04Sold$600,000
1997-04-29Sold$420,000

For Sale by Agent

AgentKeith Muirhead
BrokerageVista Sotheby's Int'l Realty

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