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Sold

1502 Pegasus Street sold on November 20, 2016 for $1,075,000, 9.6% below the $1,189,000 asking price after 134 days on the market; it was first listed at $1,199,000. The buyer financed the purchase with a conventional loan. The details are below for reference.

Single Family ResidenceSold · Nov 20, 2016

1502 Pegasus Street, Newport Beach, CA 92660

  • 5 beds
  • 3 baths
  • 2,563 sq ft
  • 7,242 sq ft lot
  • Built 1963

Own 1502 Pegasus Street? Request a free home valuation to see what it is worth today.

$1,075,000

MLS# OC16076863

This home has a newer listing: MLS PW19244078 (Sold).

The home

About 1502 Pegasus Street

This WONDERFUL home is nestled in the desirable Santa Ana Heights area of Newport Beach. No expense has been spared upgrading this home to today's current standards. The kitchen boasts Custom Cabinetry, built-in Stainless Steel appliances, and a MASSIVE island open to the family room ~~perfect for entertaining. The Main level features Crown Molding, a Formal dining room, Recessed lighting, a Bedroom or office (with a closet), a 3/4 remodeled bathroom, a recently refinished concrete fireplace and mantel in the Living Room. Three Bedrooms and Master Bedroom Suite are located upstairs, 2 of the Bedrooms have access to a large front balcony. The backyard is perfect for guests -- complete with stamped concrete, built-in BBQ, coal pit, and Covered Patio. Mature fruit trees line the back of the property are an added bonus. This property is a must see!

Property details for 1502 Pegasus Street

This 5-bedroom, 3-bath single-family home sits in the Santa Ana Country Club Area neighborhood of Newport Beach in Orange County. It has 2,563 square feet of living space. The home was built in 1963. The MLS record lists the assessor parcel number as 119-364-08. Highlights include golf course views, a fireplace, an attached two-car garage, central air, a turnkey home, and French provincial architecture.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
OC16076863
Year Built
1963
Living Area (sq ft)
2,563
Lot Size (sq ft)
7,242
Levels
Two
Bedrooms
5
Full Baths
3
Garage Spaces
2
Parking Spaces
2
View
Golf Course
Parcel Number
11936408
On Market Date
2016-09-09
Listing Terms
Standard

Interior Features

Interior Features
Separate Formal Dining Room, Recessed Lighting
Appliances
Six Burner Stove, Built In Range, Freezer, Vented Exhaust Fan
Flooring
Tile, Wood
Heating
Forced Air
Cooling
Central Air
Fireplace
Living Room
Common Walls
No Common Walls
Doors
Double Door Entry

Exterior Features

Architectural Style
French Provincial
Exterior Features
Barbecue
Lot Features
Front Yard, Gentle Sloping, Yard
Patio and Porch
Concrete
Parking
Door Multi, Driveway, Garage
Pool Features
None
Water
Public
Utilities
Sewer Available
Condition
Turnkey

Community Features

Subdivision
Santa Ana Country Club Area (SACC)
Community Features
Suburban
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 1502 Pegasus Street

DateEventPriceNote
Jan 8, 2020 Sold $1,095,000 Kase Real Estate
Nov 20, 2016 Sold $1,075,000
Sep 9, 2016 Listed for sale $1,199,000

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 1502 Pegasus Street

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 A, inside 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 60 to 65 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 16 of 16 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 16 of 16. DSL: AT&T, up to 100 Mbps, at 16 of 16.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590631011013, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.2 miles away (Loop, 3 Level 2 ports). 1,079 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

Next steps

Looking for something similar

1502 Pegasus Street is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 1502 Pegasus Street

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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.

Recent Newport Beach sales

AddressClosedPriceSq ftPer sq ftDays 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

Schools

School District for 1502 Pegasus Street

As listed in the MLS record. Confirm attendance boundaries with the school district.

The MLS record lists the school district as Newport Mesa Unified.

Living in Newport Beach covers its schools, parks and beaches.

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Listed by Andrew Young of Realty One Group Inc

Listing information updated Apr 30, 2021 at 9:13 AM PT. Source: CRMLS.

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