1622 Pegasus St, Newport Beach, CA 92660
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FOR SALE
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1622 Pegasus St
Newport Beach, CA 92660

  • 5 Beds
  • 6 Baths
  • 3,905 sqft

$3,295,000

Est. Mortgage $19,595/mo*

$3,295,000

Est. Mortgage $19,595/mo*
5 Beds
6 Baths
3,905 sqft

Local Information

  • Map ViewExplore the area around 1622 Pegasus St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$844
Listed
41 days ago

Home Details for 1622 Pegasus St

Interior Features

Interior Details
Number of Rooms: 12Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (partial): 1
Dimensions and Layout
Living Area: 3905 Square Feet
Appliances & Utilities
Appliances: Electric Range, Refrigerator, Dryer, Washer, Electric Water HeaterDryerRefrigeratorWasher
Heating & Cooling
Heating: Central,Fireplace(s)Has CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Brick, Living RoomHas a Fireplace
Gas & Electric
Electric: No Solar, 220 Volts in LaundryHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Tile, Carpet
Levels, Entrance, & Accessibility
Stories: 3Levels: Three Or MoreFloors: Tile, Carpet

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: DeckNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 8Parking: Attached,Detached,RV/Boat Parking,Side Yard Access,RV Access/Parking
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 41

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: StuccoNot a New ConstructionNot Attached Property
Property Information
Condition: Existing

Price & Status

Price
List Price: $3,295,000Price Per Sqft: $844
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Newport BeachCommunity: Not Listed

Agent Information

Listing Agent
Listing ID: 41135880

Building

Building Area
Building Area: 3905 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7300.656 sqft

Listing Info

Special Conditions: Offer As Is

Offer

Listing Agreement Type: Excl RightListing Terms: Call Listing Agent

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 41135880Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square Feet
Last check for updates: about 8 hours ago
Listing courtesy of Matthew Grubisich DRE #01991268, (714) 801-4415
Mosaik Real Estate
Source: Bay East AOR, MLS#41135880
Also Listed on CRMLS, Bay East AOR.

Market trends in Newport Beach

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$2.92M
$217K
MoM
Sale-to-List Price
97.9%
0.6%
MoM
Price per sq ft
$1.38K
$31
MoM
Available listings
382
19
MoM

Price History for 1622 Pegasus St

DatePriceEventSource
05/29/2026$3,295,000Listed For SaleBay East AOR #41135880
08/24/2001$408,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$9,396
Assessment$819,748
Home facts updated by county records

Comparable Sales for 1622 Pegasus St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Single-Family Home
$1,600,000
01/02/26
5
3
2,563
0.10
Single-Family Home
$1,770,000
07/01/26
5
3
2,563
0.08
Single-Family Home
$1,975,000
11/07/25
4
3
2,650
0.08
Single-Family Home
$2,440,000
02/05/26
5
3
2,563
0.43
Single-Family Home
$3,370,000
11/05/25
4
4.5
3,059
0.35
Single-Family Home
$1,760,000
04/20/26
4
3
1,624
0.15
Single-Family Home
$1,425,000
06/30/26
3
3.5
1,835
0.14
Single-Family Home
$1,430,000
08/28/25
3
3.5
1,835
0.37
Single-Family Home
$1,653,000
11/18/25
5
4
3,188

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1622 Pegasus St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Newport Beach

At least 641 Trulia users voted on each feature.
  • 94 % Say it's dog friendly

  • 85 % Say there are sidewalks

  • 83 % Say car is needed

  • 81 % Say people would walk alone at night

  • 77 % Say there's holiday spirit

  • 75 % Say it's walkable to restaurants

  • 67 % Say it's walkable to grocery stores

  • 67 % Say streets are well-lit

  • 63 % Say yards are well-kept

  • 62 % Say parking is easy

  • 60 % Say kids play outside

  • 60 % Say they plan to stay for at least 5 years

  • 59 % Say it's quiet

  • 53 % Say neighbors are friendly

  • 46 % Say there's wildlife

  • 44 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It’s a beautiful place to walk, but lots of kids are on electric bikes and scooters on the sidewalks and it makes for some scary moments"
  • Msgeekgal
    "The Christmas boat parade,concerts in the park, pickleball, picnics at beach for neighbors, trick or treating at Harbor View"
  • Csgskstmsq
    "I work from home so commuting is not an issue for me. This location requires a car but is very near to freeway access "
  • Coryday
    "Not many kids in my neighborhood, the peninsula. A lot of kids visit the beach but only one neighbor on my street has kids"
  • Sam Morar
    "My commute is very peaceful and it just makes me so proud to live in New Port Beach. Seriously me and my wife love living here "
  • Gprince
    "I work from home - but commuting is relatively easy compared to other areas in Southern California. "
  • Morag Webb
    "Safe, family friendly, eclectic, small town feel where you know your neighbors and kids play together after school. Good libraries. Good schools. A great place to grow up!"
  • Trulia User
    "Easy to commute to Irvine and San Diego. LA is always going to be challenging. Lots of people work from home I believe"
  • Sabrina Skelly
    "I don’t have a commute since I work from home. However, the mornings and after work evenings can be very busy and congested because of the commute on and off the island in peak hours. "
  • Cnatashya
    "I don’t know. Just moved here. But the park near me always busy with sports, family’s, and pets with their humans."
  • Csgskstmsq
    "A great area for families and singles. There are a lot of activities with year round nice weather to enjoy. "
  • Channing ONeill
    "safe and private, clean everyone takes care of their yard and common land. All the dogs are loved and walking with their owner. "
  • Simran Brara
    "Short drive to the airport and I’m able to get to San Diego or south oc easily Very good dog town. Great for restaurants "
  • michael simon
    "christmas halloween labor day summer all our restaurants all our social activities etc we love it here on Balboa Iskand"
  • Sabrina Skelly
    "Everyone is usually very dog friendly to your dog. However, there are not many places to take them potty if you don’t have your own grass/yard. Sometimes people complain about dogs going potty on the beach. Some owners let their dogs just go on the sidewalk. Overall, everyone is pretty good, I’ve just naturally had some interactions over the 7 years here. "
  • Jeremy Pascale
    "They wouldn’t like the main highway pacific coast highway being the front yard. It’s very hectic and noisy for dogs . "
  • Htaylor708
    "beach proximity. Wonderful restaurants tons of things to do. Fantastic weather almost all year long."
  • Flybyman
    "Great views and access to lots of good restaurants and shopping as well as parks and the beach community."
  • Cindy irvin
    "Dog owners love walking here, beautiful waterfront. Poop bags everywhere & tons of other dogs to play with. "
  • Lisa129
    "Too many entitled dog owners with off-leash dogs. My dog has been attacked twice each by two neighbors' dogs, and honestly don't care at all. Got angry at me for reporting to animal control and blamed my dog despite the fact that we were just walking on the sidewalk."
  • Jennifer Campbell
    "Lots of dog walking companies with many many dogs on walking paths. Many mobile groomers in the neighborhood."
  • Trulia User
    "Surrounded by water and boats everywhere....and only one way on or off the island means it is safe..."
  • Trulia User
    "Like walking their dogs on sidewalks and beautiful scenery. Don’t like that there is no grassy areas for dogs. There’s no dog park. "
  • Trulia User
    "Clean and quiet. Neighborly. Kids are well behaved. Trails and parks nearby as well as beach. Extremely nice area. "
  • Adrian.salas1737
    "Best food and weather hot spot to enjoy any activity and enjoy the night life put with friends. Highly recommend Newport Beach to anyone, hands down."
  • Mpadgett74
    "I’ve lived all over the US. I would highly recommend Newport Beach because of the safety ALONE! I would also recommend it to families with young kids. Safety & great schools are essential:)"
  • Norahs750li
    "very nice, private friendly no yearly taxes nice houses dog friendly near the water near restaurants "
  • Jen.mcgilloway
    "Stunning sunset views , clean quiet neighborhood , adorable cottages , friendly people for the most part "
  • Chase.jaramillo
    "My neighbors are supper friendly and welcoming we do have little block party’s and more all together. We are pretty much a giant family ."
  • Karbear82
    "This is a great school district. There are lots of local parks and good views. Neighbors all engage in dog walking and bike riding."
  • Erngbrh50
    "The beaches and walking to restaurants is the best. People are super friendly and happy. It’s expensive to live here. "
  • Shauna W.
    "It has been a life long dream to move to SoCal, and when the opportunity arose I researched the perfect place....Newporr Coast no doubt! I’ve lived here for a year now and absolutely love everything the hidden secret has to offer! A healthy, safe, paradise to say the least! A dream come true! "
  • Kyle
    "Not a lot of young families in this neighborhood but there are some. There are a few small but well equipped parks. Yards are small at most houses so, in most cases, there is not a lot of space for kids to play unless they go to a park. "
  • Dan D.
    "That if they move their kids this neighborhood be prepared to buy them the newest and nicest things for them to keep up with all the rich kids that may not be something you’re into but it’s definitely something that goes on here."
  • Nate B.
    "It’s a beautiful place with amazing views and friendly people. I love amenities and the sunsets especially."
  • Ean K.
    "Excellent schools, excellent area, anyone who knows Newport Coast already knows what it is and why it’s so prestigious."
  • Cnash77
    "It’s super quiet and quaint. For a beach town it’s a bit sleepy. Everything closes fairly early, even on the weekend. "
  • new neighbor
    "parts of this neighborhood are fine, but a little further up towards Costa Mesa on placentia street there's a few gang related instances have occurred "
  • Philip O.
    "We really enjoy attending the Newport Shores Holiday Boutique at the community center. Lots of great gift shopping. "
  • Katherine V.
    "CDM is a great community with lots off things to do and everything is in walking distance. Neighbors are friendly and if you can live through the constant construction it is a wonderful place to live"

LGBTQ Local Legal Protections

Matthew Grubisich, Mosaik Real Estate
Agent Phone: (714) 801-4415
Bay East© 2026, CCAR© 2026, bridgeMLS© 2026. Information Deemed Reliable but not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used or any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2026-07-08 09:41:18 PDT.
1622 Pegasus St, Newport Beach, CA 92660 is a 5 bedroom, 6 bathroom, 3,905 sqft single-family home built in 1963. This property is currently available for sale and was listed by Bay East AOR on May 24, 2026. The MLS # for this home is MLS# 41135880.