1622 Pegasus St, Newport Beach, CA 92660
- 5 beds
- 6 baths
- 3,905 sq ft
- 7,300 sq ft lot
- Built 1963
The home
About 1622 Pegasus St
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.
Property details for 1622 Pegasus St
This 5-bedroom, 6-bath single-family home sits in Newport Beach in Orange County. It has 3,905 square feet of living space on a 7,300-square-foot lot and is listed at $3,095,000, about $793 per square foot. The home was built in 1963. The MLS record lists the assessor parcel number as 119-363-03. Highlights include a fireplace, an attached four-car garage, central air, and contemporary architecture.
Photographs
Photos of 1622 Pegasus St, Newport Beach
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- 41135880
- Year Built
- 1963
- Living Area (sq ft)
- 3,905
- Lot Size (sq ft)
- 7,300
- Lot Size (acres)
- 0.1676
- Levels
- Three Or More
- Bedrooms
- 5
- Full Baths
- 5
- Half Baths
- 1
- Garage Spaces
- 4
- Parking Spaces
- 8
- Parcel Number
- 11936303
- On Market Date
- 2026-05-29
Interior Features
- Interior Features
- Breakfast Bar
- Appliances
- Electric Water Heater, Dryer, Washer
- Flooring
- Carpet, Tile
- Cooling
- Central Air
- Fireplace
- Living Room
- Rooms
- Kitchen
Exterior Features
- Architectural Style
- Contemporary
- Roof
- Shingle
- Construction
- Stucco
- Lot Features
- Corner Lot, Front Yard, Sprinklers In Front
- Patio and Porch
- Deck
- Parking
- Garage, Rv Access Parking
- Pool Features
- None
The record
Property History for 1622 Pegasus St
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 20, 2026 | Price reduced | $3,095,000 | From $3,195,000 |
| Aug 13, 2026 | Price reduced | $3,195,000 | From $3,295,000 |
| May 29, 2026 | Status changed to Active | From Coming Soon | |
| May 29, 2026 | Relisted | $3,295,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 1622 Pegasus St
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard and noise zones
- Flood zone
Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0267J effective December 3, 2009. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Outside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
- Airport noise
Inside John Wayne Airport's 65 to 70 dB CNEL noise contour.
Airport Land Use Commission for Orange County, Airport Environs Land Use Plan noise contours. Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 50 of 58 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 5 of 58. Cable: Spectrum, up to 1,000 Mbps, at 58 of 58.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590631011006, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.2 miles away (Loop, 4 Level 2 ports). 1,112 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Cost of ownership
Estimated monthly payment
7.18% · 30-yr fixed$
$23,720/mo
10% down · 30-year fixed · $309,500 down
Principal & interest$18,870
Mortgage insurance (est., over 80% LTV)$1,161
Property tax (est. 1.08%)$2,786
Home insurance (rough est., varies widely)$903
HOANot reported, not included
$20,462/mo
20% down · 30-year fixed · $619,000 down
Principal & interest$16,773
Property tax (est. 1.08%)$2,786
Home insurance (rough est., varies widely)$903
HOANot reported, not included
$18,366/mo
30% down · 30-year fixed · $928,500 down
Principal & interest$14,677
Property tax (est. 1.08%)$2,786
Home insurance (rough est., varies widely)$903
HOANot reported, not included
Estimated carrying cost
$3,689/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$2,786
Home insurance (rough est., varies widely)$903
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.18% (week of Nov 5, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 1622 Pegasus St
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The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Newport Beach home sales, past 12 months
- Homes sold
- 462
- Median price
- $4,354,000
- Median days on market
- 22
- Median per sq ft
- $1,602
Recorded MLS closings of single-family homes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Newport Beach sales
At $793 per square foot, this home's asking price is 51% below the Newport Beach median of $1,602 for single-family homes that closed in the past 12 months.
Recent Newport Beach sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1000 Dover Drive | Nov 4, 2026 | $3,575,000 | 2,883 | $1,240 | 18 |
| 20141 Spruce | Nov 4, 2026 | $5,500,000 | 4,540 | $1,211 | 5 |
| 306 Alvarado Place | Nov 4, 2026 | $2,699,000 | 1,033 | $2,613 | 207 |
| 2012 Nautilus Lane | Nov 3, 2026 | $4,100,000 | 3,026 | $1,355 | 12 |
| 205 Via Lido Soud | Nov 3, 2026 | $9,646,120 | 3,282 | $2,939 | 73 |
Location
Location
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Listed by Matthew Grubisich of Mosaik Real Estate
Listing information updated Oct 27, 2026 at 1:31 AM PT. Source: CRMLS.
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. The 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, the 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.