1622 Pegasus St, Newport Beach, CA 92660
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
Listed by: matthew grubisich
Office: mosaik real estate415-205-0742
MLS#:41135880
Source:CRMLS
Price summary
- Price:$3,295,000
- Price per sq. ft.:$843.79
About this home
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 adventurers 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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Home facts
- Year built:1963
- Listing ID #:41135880
- Added:1 day(s) ago
- Updated:May 30, 2026 at 10:35 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:6
- Full bathrooms:5
- Half bathrooms:1
- Flooring:Carpet, Tile
- Kitchen Description:Electric Water Heater
- Living area:3,905 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1963
- Building area:3,905 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Corner Lot, Front Yard
- Architectural Style:Contemporary
- Construction Materials:Stucco
- Exterior Features:Deck
Finances and disclosures
- Price:$3,295,000
- Price per sq. ft.:$843.79
Features and amenities
- Appliances:Dryer, Electric Water Heater, Washer
- Laundry features:Dryer, Washer
- Amenities:Electric Water heater
Parking
- Total parking spaces:8
- Parking description:Garage
- Garage:Yes
- Garage spaces:2
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