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  • 1622 Pegasus St

1622 Pegasus St, Newport Beach, CA 92660

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

  VIRTUAL TOUR Reduced by $100,000 on 8/14/2026
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Photo of Lisa Cooper

Lisa Cooper REALTOR® - Sales Associate 949-300-1236 m
Lic#: 01084345
NRDS ID: 205500994
lisa@lisacooper.com Text Me
Call My Cell
Lic#: 01084345
NRDS ID: 205500994
lisa@lisacooper.com Monarch Beach Office
2 Ritz Carlton Drive, Ste, 201
Monarch Beach, CA 92629
Phone: 949-443-2000
Fax: 949-443-2209
 Monarch Beach 2 Ritz Carlton Drive, Ste, 201
Monarch Beach, CA 92629
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Fax: 949-443-2209
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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: 8/20/2026

 Days On Market (DOM): 84

 Find more Newport Beach homes and real estate

 Find more homes in 92660 zip code

The style of this listing is Contemporary.
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Lat/Long: 33.662936, -117.882720.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Lisa Cooper

Lisa Cooper REALTOR® - Sales Associate 949-300-1236 m
Lic#: 01084345
NRDS ID: 205500994
lisa@lisacooper.com Text Me
Call My Cell
Lic#: 01084345
NRDS ID: 205500994
lisa@lisacooper.com
Monarch Beach Office
2 Ritz Carlton Drive, Ste, 201
Monarch Beach, CA 92629
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