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Sold

1681 Pegasus Street sold on December 29, 2023 for $1,800,000, 4.3% below the $1,880,000 asking price after 86 days on the market; it was first listed at $2,000,000. The buyer financed the purchase. The details are below for reference.

Single Family ResidenceSold · Dec 29, 2023

1681 Pegasus Street, Newport Beach, CA 92660

  • 5 beds
  • 3 baths
  • 2,563 sq ft
  • 8,505 sq ft lot
  • Built 1965

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$1,800,000

MLS# OC23164302

Subdivision Santa Ana Heights Residential

8 single-family homes sold in the past 12 months · median $2,100,000

See 7 homes for sale in Santa Ana Heights Residential

The home

About 1681 Pegasus Street

The absolute best value in Newport Beach! Exquisite American colonial house with a grand presence, located in Newport Beach. Perfectly situated at a high level point, in a distinctive neighborhood that encompasses one of the largest lots in the community. Only 0.3 miles from the beautiful Back Bay Nature Preserve and part of a great school district. This two story house is unique with its tall columns and charming traditional shutters. The house is 2,563 Sq. Ft. on an 8,505 Sq. Ft. Lot. It hosts an uncommonly spacious and luscious backyard paradise along with a jacuzzi and a vegetable patch area. The property includes five bedrooms, of which one is located downstairs, three bathrooms, two car garage, along with large impressive front and backyard. The living room is a bright and airy space with a fireplace, perfect for relaxing. Wall to wall marble floors with light and bright rooms. The bedrooms are well proportioned, with large closets. The master suite has a raised ceiling, comes with a walk in closet and a master bathroom with a jacuzzi bathtub. The kitchen is bright and practical, equipped with blue pearl granite countertops. The kitchen and dining room enjoy access to the majestic outside for al fresco dining and entertaining. Don’t miss this captivating home - schedule a private tour today

Property details for 1681 Pegasus Street

This 5-bedroom, 3-bath single-family home sits in the Santa Ana Heights Residential neighborhood of Newport Beach in Orange County. It has 2,563 square feet of living space on an 8,505-square-foot lot. The home was built in 1965. The MLS record lists the assessor parcel number as 119-352-07. Highlights include a private spa, a fireplace, an attached two-car garage, central air, and colonial architecture.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
OC23164302
Year Built
1965
Living Area (sq ft)
2,563
Living Area Source
Assessor
Lot Size (sq ft)
8,505
Lot Size (acres)
0.1952
Levels
Two
Bedrooms
5
Full Baths
2
Garage Spaces
2
Parking Spaces
2
View
None
Parcel Number
11935207
On Market Date
2023-09-01
Zoning
R-1
Listing Terms
Standard

Interior Features

Interior Features
Breakfast Bar, Ceiling Fans, Separate Formal Dining Room, Granite Counters, High Ceilings, Pull Down Attic Stairs, Recessed Lighting, Bedroom On Main Level, Walk In Closets
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Disposal, High Efficiency Water Heater, Microwave, Water Purifier
Flooring
Stone
Heating
Central, Fireplaces
Cooling
Central Air
Fireplace
Gas Starter, Living Room
Laundry
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Main Level Bedrooms
1
Main Level Bathrooms
1
Entry Level
1
Common Walls
No Common Walls

Exterior Features

Architectural Style
Colonial
Roof
Composition
Lot Features
Zero To One Unit Acre, Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Sprinkler System
Parking
Door Single, Garage Faces Front, Garage
Fencing
Block, Wood
Pool Features
None
Spa
Above Ground, Private
Sewer
Public Sewer
Water
Public
Utilities
Electricity Available, Natural Gas Available
Units
1

Community Features

Subdivision
Santa Ana Heights Residential (SAHR)
Community Features
Street Lights, Sidewalks
Security
Smoke Detectors

The record

Property History for 1681 Pegasus Street

DateEventPriceNote
Dec 29, 2023 Sold $1,800,000
Dec 6, 2023 Status changed to Pending From Active Under Contract
Dec 1, 2023 Status changed to Active Under Contract From Active
Nov 16, 2023 Price reduced $1,880,000 From $1,890,000
Oct 27, 2023 Price reduced $1,890,000 From $1,950,000
Oct 3, 2023 Price reduced $1,950,000 From $2,000,000
Sep 1, 2023 Listed for sale $2,000,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 1681 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 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 23 of 23 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 23 of 23. DSL: AT&T, up to 50 Mbps, at 23 of 23.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590631011007, 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). 1,133 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

1681 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 1681 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.

Santa Ana Heights Residential home sales, past 12 months

Homes sold
8
Median price
$2,100,000
Median days on market
24
Median per sq ft
$952

Recorded MLS closings of single-family homes, Nov 3, 2025 to Nov 3, 2026. Days on market run from listing to going under contract.

Recent Santa Ana Heights Residential sales

AddressClosedPriceSq ftPer sq ftDays on market
2242 Orchard Drive Oct 19, 2026 $1,610,168 1,106 $1,456 11
20102 Spruce Avenue Jun 19, 2026 $2,305,000 2,868 $804 0
20291 Spruce Jun 9, 2026 $1,900,000 1,453 $1,308 3
2262 Orchard Mar 30, 2026 $2,200,000 2,443 $901 141
2200 Lake Park Lane Mar 30, 2026 $2,600,000 3,400 $765 377

Schools

School District for 1681 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 Krystyna Dahlberg Marczak of Coldwell Banker Realty

Listing information updated Dec 29, 2023 at 4:17 PM PT. Source: CRMLS.

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