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Listed by Mosaik Real Estate
$3,195,000
Est. payment /mo
5 Beds
6 Baths
3,905 SqFt
Active
1622 Pegasus St Newport Beach, CA 92660
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,905 sqft
Price per Sqft $818
Subdivision Not Listed
MLS Listing ID 41135880
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 1963
Lot Size 7,300 Sqft
Property Sub-Type Detached
Source BAY EAST
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.
Location
State CA
County Orange
Interior
Heating Central, Fireplace(s)
Cooling Ceiling Fan(s), Central Air
Flooring Tile, Carpet
Fireplaces Number 1
Fireplaces Type Brick, Living Room
Fireplace Yes
Appliance Electric Range, Refrigerator, Dryer, Washer, Electric Water Heater
Laundry 220 Volt Outlet, Dryer, Washer
Exterior
Garage Spaces 2.0
Pool None
Private Pool false
Building
Lot Description Corner Lot
Story 3
Water Meter on Site
Architectural Style Contemporary