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1622 Pegasus St

Newport Beach, CA 92660
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Bed 5

Bed

Bath 6

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 3,905 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 adventurers alike wil l 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 : $3,195,000

AD Id : 79497995

MLS Id : 41135880

Beds : 5

Lot Size : 7,300 Sq. Ft

Living Area Size : 3,905 Sq. Ft

Year Built : 1963

Garage : 2

County : Orange

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 6 Full Baths: 5 Half Baths: 1

    Roofing Information

    Shingle

    Flooring Information

    Carpet, Tile
  • Interior Features

    BreakfastBar
    Roof: Shingle
    Appliances: ElectricWaterHeater, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1963
    Construction Materials: Stucco
    Patio And Porch Features: Deck
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7300 Lot Size Acres: 0.1676 Lot Size Source: PublicRecords Lot Size Square Feet: 7,300 Lot Description: CornerLot,FrontYard,SprinklersInFront

  • Listing Price Information

    Listing Price: $3195000
    Original Price: $3295000

  • Tax Information

    Parcel Number: 11936303

  • Parking Information

    Parking Total: 8 Garage, RvAccessParking

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • Location Information

    Direction: Cross Street: Redlands Drive.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
17 Napoli, Newport Beach, CA, 92660 $7,795,000 5 8 7,844 9,600 Sq. Ft
21 Ridgeline Drive, Newport Beach, CA, 92660 $12,995,000 9 12 13,198 25,200 Sq. Ft
26 Peppertree, Newport Beach, CA, 92660 $6,575,000 5 6 4,510 7,717 Sq. Ft
4 Geneve, Newport Beach, CA, 92660 $16,800,000 5 6 8,000 7,000 Sq. Ft
2 Trafalgar, Newport Beach, CA, 92660 $9,500,000 5 6 7,903 14,300 Sq. Ft
2056 Port Weybridge Place, Newport Beach, CA, 92660 $5,000,000 4 4 2,538 8,010 Sq. Ft
4 Narbonne, Newport Beach, CA, 92660 $9,998,888 5 8 5,463 11,000 Sq. Ft
30 Palazzo, Newport Beach, CA, 92660 $5,800,000 5 5 4,023 8,622 Sq. Ft
2207 Port Harwick, Newport Beach, CA, 92660 $6,595,000 4 5 3,640 7,797 Sq. Ft
2007 Port Provence Pl, Newport Beach, CA, 92660 $10,250,000 5 6 5,019 7,605 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/16/2026 @ 02:52

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

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