Listing Agent: Matthew Grubisich      Broker/Office: Mosaik Real Estate
1622 Pegasus St Newport Beach CA 92660
$ 3,295,000
  5   |    5 Full  1 Half   |    3905 Sq Feet

Listing ID

#41135880

Status

Active

Property Type

Single Family Residence

Property Style

Contemporary

County

Orange

Year Built

1963

Days on website

7

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 approximately 3,904 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
Financial Information
List Price:  $ 3295000
Property Features
Appliances:  Dryer, Washer
Construction Materials:  Stucco
Flooring:  Carpet, Tile
Other Structures:  Storage
Parking Features:  Garage
Patio And Porch Features:  Deck
Roof:  Shingle
City:  Newport Beach
Listed By:   Matthew Grubisich   Mosaik Real Estate 
CA Lic#