1622 Pegasus St, Newport Beach, CA 92660

$3,095,000
5
BD
5.5
BA
3,905
SqFt

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List Price
$3,095,000
Status
ACTIVE
MLS#
41135880
Price Change
▼ $100,000 1792547254
Days on Market
154
Property Type
Single Family Residence
Bedrooms
5
Bathrooms
5.5
Half-baths
1
Living Area
3,905
Lot Size
7,300
Lot Description
Corner Lot
Subdivision
Not Listed

Property Description

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 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.

Additional Information

Stories
Three or More Stories
Year Built
1963
Acres
0.17
Roof
Shingle
Flooring
Tile, Carpet
Exterior
Stucco
Kitchen Features
Breakfast Bar, Tile Counters, Electric Range/Cooktop, Refrigerator
Pool Description
None
Fireplaces
1
Fireplace Description
Brick, Living Room
Garage Description
Attached, Detached, RV/Boat Parking, Side Yard Access, RV Access/Parking
Garage Spaces
4
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Fireplace(s)
Parking Description
Attached, Detached, RV/Boat Parking, Side Yard Access, RV Access/Parking
Yard Description
Front Yard, Sprinklers Front
Laundry Features
220 Volt Outlet, Dryer, Washer

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Listing courtesy of Matthew Grubisich from Mosaik Real Estate

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Date and time last updated: Website provided by: Real Geeks LLC