714-745-2708

1622 Pegasus St, Newport Beach, CA 92660

$3,195,000 Approx. USD 5 beds, 6 baths
3,905 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Matthew Grubisich | matthew@mosaikrealestate.com
Lic#: 01991268
Broker: Courtesy of Mosaik Real Estate
Phone: 714-801-4415

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)

Status: Active

MLS# 41135880

List price is $3,195,000 Reduced by $100,000 on 8/14/2026

Price: $3,195,000

Beds: 5

Baths: 6 (5 full) (1 half)

Living Room fireplaces

Built in 1963

3,905 sqft

0.17 acres

Lot size: 0.1676

County: Orange

Property style: Contemporary

Construction: Stucco

Interior features: Breakfast Bar

Appliances: Electric Water Heater,Dryer,Washer

Parking description: Garage,RV Access/Parking

Lot description: Corner Lot,Front Yard,Sprinklers In Front

Heating/cooling: Central Air

Last Updated: 9/14/2026

Days On Market (DOM): 122

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The style of this listing is Contemporary.
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Lat/Long: 33.662936, -117.882720.
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