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Stacey Alysson Melman

1622 Pegasus St
Newport Beach, CA, 92660
$3,095,000
5 Beds
5.5 Baths
3,905 SqFt
0.17 Acres
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MLS #41135880 image #0
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.
AGENT: Matthew Grubisich
LISTING BROKERAGE: Mosaik Real Estate
1622 Pegasus St
Newport Beach, CA

Property Details

Price:
$3,095,000
MLS #:
41135880
Status:
Active
Beds:
5
Baths:
5.5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
May 29, 2026
Finished Sq Ft:
3,905
Lot Size:
7,300 sqft / 0.17 acres (approx)
Year Built:
1963
Contemporary
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Schools

Interior

Appliances
Electric Water Heater
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile, Carpet
Laundry Features
Washer Included, Dryer Included
Levels
Three Or More

Exterior

Architectural Style
Contemporary
Attached Garage YN
1
Construction Materials
Stucco
Covered Spaces
4
Garage Spaces
4
Lot Features
Sprinklers In Front, Corner Lot, Front Yard
Other Structures
Storage
Parking Features
Garage, RV Access/Parking
Parking Spots
8
Parking Total
8
Patio And Porch Features
Deck
Roof
Shingle

Financial

Map

Community

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