1622 Pegasus St , Newport Beach, CA 92660
$3,295,000
Est. Payment: $16,638.78/mo
5 Bed
6 Bath
3905 Sqft
Status: active | Days on site: 32
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Matthew Grubisich , 714-801-4415 Mosaik Real Estate , 415-205-0742. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.17

Year Built

1963

County

Orange

Listing ID

41135880

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:6
  • Full Bathrooms:5
  • 1/2 Bathrooms:1
Appliances:Electric Water Heater, Dryer, Washer
Air Cond:Central Air
Fireplaces:Living Room
Floor:Carpet,Tile
Other:Breakfast Bar

Exterior Features

Lot:Corner Lot,Front Yard,Sprinklers In Front,No Land Lease
Garage Capacity:8
Roof:Shingle
Others:Stucco
Parking Features:Garage,RV Access/Parking
Principal Interest
$16,639
Taxes
$2,101

Home Price

$3,295,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$659,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,638.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,638.78 $2,100.56 $0.00 $18,739.35
Yearly $199,665.40 $25,206.75 $0.00 $224,872.15
Total $5,989,961.92 $756,202.50 $0.00 $6,746,164.42

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Newport Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-11T00:38:43.000Z

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