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1622 Pegasus St

Newport Beach, CA 92660
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Bed 5

Bed

Bath 5

Bath

SqFt3,905

Sqft

SqFt7,300

Sqft(Lot)

Situated on a prominent corner lot in one of Orange County’s most connected locations, this thoughtfully designed three-story residence offers exceptional flexibility, privacy, and income potential in the heart of Newport Beach. Spanning approximately 3,904 square feet, the home features 5 bedrooms and 5.5 bathrooms, carefully designed to accommodate multigenerational living, guest privacy, work-from-home lifestyles, or potential rental opportunities. At the top of the home, a third-story penthouse retreat captures sweeping views and offers the perfect private suite. Throughout the home, thoughtful details elevate everyday living, including five jetted bathtubs for a true spa-like experience and abundant storage space rarely found in today’s homes. Car enthusiasts, hobbyists, and adventu rers alike will appreciate the two separate 2-car garages, including a detached garage structure with an oversized driveway suitable for RV parking, additional vehicles, or flexible use potential. Ideally located in the heart of Orange County, the property places Newport Beach, Irvine, Costa Mesa, and Tustin just moments away. Enjoy close proximity to world-class shopping and dining at Fashion Island and South Coast Plaza, cultural attractions including South Coast Repertory, recreation at Newport Beach Golf Course and Santa Ana Country Club, nearby beaches, the Orange County Fairgrounds, John Wayne Airport, and convenient access to the 405, 5, 55, and 73 freeways. A rare opportunity combining size, versatility, location, and long-term potential in a highly sought-after coastal-adjacent setting. A home designed not only for how life looks today — but for all the ways it may evolve tomorrow.

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Detail Ic Property Details

Property Type : Residential

Price : $3,295,000

AD Id : 79497995

MLS Id : 41135880

Beds : 5

Lot Size : 7,300 Sqft

Living Area Size : 3,905

Year Built : 1963

Garage : 2

County : Orange

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5

    Bathroom Information

    Total Baths: 6 Full Baths: 5 Half Baths: 1
  • Interior Features

    Roof: Shingle Interior Features: Breakfast Bar Property Appliances: Electric Water Heater,Dryer,Washer Fireplace: Living Room Flooring: Carpet,Tile
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Has Heating

    Fireplace

    Fireplace Features: Living Room Has Fireplace: 1

  • Building Information

    Year Built: 1963 Construction: Stucco Roof: Shingle
  • Pool Features

    None

    Patio And Porch

    Deck

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1676
  • Lot Size Source: Public Records Lot Size Square Feet: 7300

  • Listing Price Information

    Original List Price: 3,295,000 Listing Contract Date: 2026-05-29
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 11936303

  • Garage and Parking

    Garage Description: Garage,RV Access/Parking Attached Garage: Yes

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Cross Street: Redlands Drive. Source Property Type: Residential Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 63 Structure Type: Single Family Residence Year Built Source: Vendor Enhanced Total Square Feet Living: 3905 Levels or Stories: Three Or More
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
39 Harbor Ridge, Newport Beach, CA, 92660 $4,498,000 5 3 3,804 3,804 SqFt
4 Geneve, Newport Beach, CA, 92660 $16,800,000 5 6 8,000 8,000 SqFt
24 Narbonne, Newport Beach, CA, 92660 $4,580,000 4 4 4,627 4,627 SqFt
22 Belmont, Newport Beach, CA, 92660 $5,295,000 4 5 4,800 4,800 SqFt
58 Victoria, Newport Beach, CA, 92660 $4,800,000 3 2 2,860 2,860 SqFt
9 Leesbury Court, Newport Beach, CA, 92660 $12,950,000 5 5 5,646 5,646 SqFt
1700 Port Margate, Newport Beach, CA, 92660 $6,395,000 5 3 5,272 5,272 SqFt
20101 1/2 Cypress Street, Newport Beach, CA, 92660 $14,995,000 6 6 16,076 16,076 SqFt
63 Shearwater, Newport Beach, CA, 92660 $2,349,900 3 2 1,739 1,739 SqFt
907 Cercis Place, Newport Beach, CA, 92660 $3,795,000 3 -- 2,273 2,273 SqFt

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ByOwner last updated this listing 06/07/2026 @ 23:05

MLS: 41135880 LISTED BY: Matthew Grubisich, Mosaik Real Estate 415-205-0742 SOURCE: CRMLS

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