638 Pegasus Dr, Merced, CA 95348
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OFF MARKET

638 Pegasus Dr
Merced, CA 95348

  • 4 Beds
  • 2 Baths
  • 1,797 sqft

$423,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,583/mo*
Refinance Your Home

$423,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,583/mo*
Refinance Your Home
4 Beds
2 Baths
1,797 sqft

Local Information

  • Map ViewExplore the area around 638 Pegasus Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,797 sqft
Price/Sqft
$236
Parking
Attached Garage

About this House

This spacious 4-bedroom, 2-bathroom residence offers 1,797 square feet of comfort and style, ideal for those who appreciate both space and functionality. The open floor plan seamlessly connects the living areas, creating an ideal environment for both relaxation and entertaining guests. Large windows throughout the home fill each room with an abundance of natural light, enhancing the welcoming atmosphere. The thoughtfully designed kitchen provides ample space for culinary creativity, with easy access to the dining area for memorable meals. Each of the four bedrooms promises restful nights and personal space for every member of the household. The two full bathrooms are well-appointed, providing convenience and a touch of luxury. Located on a serene street, this property offers a peaceful retreat while being conveniently close to local amenities and schools. The expansive backyard invites outdoor enjoyment, whether for a morning coffee or weekend barbecues. Discover the perfect blend of comfort and convenience at 638 Pegasus Dr, a home that truly meets all your needs. Fees & Initial Payments. Application Fee: $60 per legal adult (non-refundable for any reason) Security Holding Deposit: Due within 24 hours of viewing the property to reserve your spot. First Month's Rent (pro-rated if applicable) due at move-in. Lease Signing Fee: $50 per lease, due at signing. Resident Benefits Package: Required - $30 per month. Renter's Insurance: Required or $15 per month if not provided by tenant. Zillow applications are not accepted. DRE #01918687. Dishwasher, Disposal, Gas Stove, Granite Countertops, Ice Maker, Island, Microwave, Pantry, Refrigerator, Carpet, Laundry Room, Living Room, Air Conditioning, Blinds, Ceiling Fan, Garage, Walk In Closet(s), Washer & Pet Friendly. Listing provided by RentalSource.
638 Pegasus Dr, Merced, CA 95348 is a 4 bedroom, 2 bathroom, 1,797 sqft single-family home. It last sold for $300,000 on Feb 28, 2020 (13,853% above the $2,150 asking price). More recently, it was listed as a rental in September 2025 with an asking price of $2,200 per month. That rental listing was removed on December 5, 2025. It is currently off market. The Trulia Estimate is $423,400, with a rent estimate of $2,316/month.

Home Details for 638 Pegasus Dr

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Appliances & Utilities
DishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Air ConditioningCooling System: Central Air, Ceiling Fan
Levels, Entrance, & Accessibility
Floors: Carpet

Exterior Features

Parking & Garage
Parking: Attached Other, On Site

Price History for 638 Pegasus Dr

DatePriceEventSource
12/05/2025$2,150ListingRemovedZillow Rentals
11/01/2025$2,150PriceChange
Zillow Rentals
09/23/2025$2,200Listed For RentZillow Rentals
09/08/2023ListingRemovedZillow Rentals
08/03/2023$2,100PriceChange
Zillow Rentals
06/30/2023$2,200Listed For RentZillow Rentals
06/06/2020$1,799ListingRemovedAgent Provided
05/21/2020$1,799PriceChange
Agent Provided
05/01/2020$1,995Listed For RentAgent Provided
02/28/2020$300,000Sold
N/A
11/28/2019$309,990PriceChange
Agent Provided
10/19/2019$338,670PriceChange
Agent Provided
10/10/2019$329,670Listed For SaleAgent Provided
07/05/2019$0ListingRemovedAgent Provided
04/12/2019$0Listed For SaleAgent Provided

Market trends in Merced

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$384K
$2KMoM
Sale-to-List Price
99.6%
Price per sq ft
$245
$3MoM
Available listings
278
11MoM
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Property Tax and Assessment

Year2025
Tax$5,553
Assessment$328,088
Home facts updated by county records

Comparable Sales for 638 Pegasus Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
635 Pegasus Dr, Merced, CA
0.03
Single-Family Home
$405,000
04/10/26
4
2
1,565
4262 Freemark Dr, Merced, CA
0.12
Single-Family Home
$420,000
07/31/26
4
2
1,789
4246 Freemark Dr, Merced, CA
0.15
Single-Family Home
$405,000
05/14/26
4
2
1,564
4271 Freemark Dr, Merced, CA
0.15
Single-Family Home
$429,000
04/07/26
4
2
1,565
4271 Freemark Ave, Merced, CA
0.15
Single-Family Home
$429,000
04/07/26
4
2
1,565
678 Chandon Dr, Merced, CA
0.11
Single-Family Home
$400,000
08/03/26
3
2
1,549
619 Coppola Ct, Merced, CA
0.22
Single-Family Home
$449,000
08/12/25
4
2
1,824
4218 Candle Ct, Merced, CA
0.20
Single-Family Home
$426,000
08/26/25
4
2
1,564
4262 Theresa Ln, Merced, CA
0.08
Single-Family Home
$435,000
08/29/25
4
3
1,564
713 Ironstone Dr, Merced, CA
0.24
Single-Family Home
$455,000
04/29/26
4
2
1,894

Nearby homes

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Assigned Schools

These are the assigned schools for 638 Pegasus Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Merced

At least 524 Trulia users voted on each feature.

  • 86 % Say there are sidewalks

  • 82 % Say yards are well-kept

  • 82 % Say it's dog friendly

  • 80 % Say parking is easy

  • 78 % Say car is needed

  • 72 % Say there's holiday spirit

  • 63 % Say kids play outside

  • 56 % Say it's quiet

  • 55 % Say it's walkable to grocery stores

  • 54 % Say streets are well-lit

  • 51 % Say they plan to stay for at least 5 years

  • 49 % Say neighbors are friendly

  • 47 % Say it's walkable to restaurants

  • 44 % Say people would walk alone at night

  • 26 % Say there's wildlife

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Annie Dabalos
    "Flea market on weekends to buy noodles at Chinese food truck and ceviche tostadas at the Mexican food trucks. "
    0
    Flag
  • Dessuarez2003
    "Merced station specifically is so amazing! So excited to be renewing here! This community has been a great place to live, and the by-bedspace leasing makes it easy for me to save money while focusing on my studies. The environment is comfortable, the amenities are convenient, and everyone here is genuinely friendly. I’m really happy to call this place home for another year! "
    0
    Flag
  • Jamangel1
    "Lots of new builds coming soon to the area. There are parks and new stores and a new school being built in the next few years."
    1
    Flag
  • Jamangel1
    "Great place to live. Lots of walking trails , close to shops and restaurants, easy freeway access, and expressway to UCM. "
    0
    Flag
  • Farrah
    "Be aware of stray dogs and cats. Also people like to dump their trash in the streets, and allow their dogs to bark incessantly."
    0
    Flag
  • Salvador Reyes
    "Always look after your kids if or when playing outside because there are many cars that drive reckless here and pass by speeding"
    3
    Flag
  • Trulia User
    "The parks and big open spaces like fileds and the mellowness around the area, can’t wait for more parks to become available "
    0
    Flag
  • Jenifernigh38
    "ny home is a old beautiful Victorian built in 1900 quiet neighborhood lots of parking made for older people to just relax and enjoy life"
    9
    Flag
  • Sylvia P.
    "I stay here part time. Close to get on N99. But to get here off freeway exit, then you have to take some back roads to get to Franklin. No freeway exit to Franklin Rd."
    0
    Flag
  • Ramirez 5.
    "I love where I live it’s next to schools the grocery store has stating and the hospital. I’m hoping it stays safe. "
    1
    Flag
  • Lexus S.
    "It’s best to look for homes that are in city limits because there are islands in the city that don’t count as in city limits so they don’t have side walks or parks. "
    7
    Flag
  • Rent L.
    "Lots of open space. Lower cost of living. Slow pace and easy access to freeway 99. Many parks, lake and proximity to UC Merced. "
    0
    Flag
  • Rebecca F.
    "it's up and coming and you get the county fair flea market every Saturday and the farmers market in town for freshest meat and produce too "
    6
    Flag
  • L.donohue
    "This neighborhood has a center park, and outdoor movies night, farmers market, Christmas parade that go through the downtown areas and hiking trials that go through out the city including the city park, green spaces and water features. "
    1
    Flag
  • Jamangel1
    "There’s a park in our neighborhood within walking distance from every home. Families are always walking on the paths next to the new Campus Parkway. Soon there will be shopping and easy commute to UCMerced."
    0
    Flag
  • Elisa H.
    "Not safe area. Lived here nearly my entire life. No growth opportunity here, not a good place for family. Best thing that happens around here are the Christmas parades."
    0
    Flag
  • Angela
    "small community. chooses the right neighborhood and you will have great neighbors. introduction yourself and get to know who you love near."
    0
    Flag
  • Angela
    "I've lived in this neighborhood for three years and I like it. Picking the right neighborhood is important though so make sure to research. "
    0
    Flag
  • Pahn
    "We have movie at the park presented by the City Of Merced during the summer time. Halloween is very popular holiday. "
    0
    Flag
  • Reginald N.
    "That it is a busy area with cars . The dog park is too far from resident and that walk would be a tired some walk"
    8
    Flag
  • Annette G.
    "This is an established neighborhood where neighbors know each other and look out for each other. There are lots of trees and people like to take walks on the nearby creek path."
    0
    Flag
  • Emily G.
    "Horrible neighborhood. I’ve been broken into. I do not recommend moving here. It’s a dangerous area. "
    33
    Flag
  • Bdenatly
    "There are few small parks, but no dedicated dog parks and all dogs must stay on leash in the parks. The yards are on the small size and really only suitable for small breed dogs. "
    0
    Flag
  • Mariah M. D.
    "that everyone around are dog friendly and enjoy having there pets around the area. everyone around here walks there dogs on a daily. "
    2
    Flag
  • Luis F. M. M.
    "Love Merced is a great opportunity for community service,the Merced theatre is coming along with events that are food to be a part off "
    4
    Flag
  • Vanygonz54
    "All the neighbors watch out for each other and make sure the area is safe. I like how when one neighbor is gone they feel safe leaving due to all the neighbors having each other’s back "
    8
    Flag
  • Starlitegoddess14
    "I've lived here for 3 years . people are nice and friendly and look out for each other. safe and well maintained neighborhood"
    0
    Flag
  • Deborahlgiannone
    "There is a 5 minutes to shopping areas easily driveable. Bus pick up near. Uber and Taxi available. Senior mobile transit available."
    4
    Flag
  • Estrzartz
    "This area has lots of dog owners, and I see lots of people walking here. Everyone is very friendly, and the people who walk their dogs are really responsible for what their dogs leave behind by carrying little plastic bags!"
    8
    Flag
  • Stephanie H.
    "Merced i actually a pretty alright city to live in. There isn't a lot of social sites or things to do but the city is definitely growing and expanding into a nice place. The crime and violence has significantly decreased through out the passing years and the school all seem to do a great job with our education. It's definitely a much cleaner and nicer city than nearby areas like Fresno or Modesto. "
    5
    Flag
  • Sue J.
    "I only live 10 minutes from work. Traffic moves well,not a lot of road work or obstacles. Streets are maintained well as are sidewalks. My neighborhood is well kept and quiet. The neighborhoods surrounding me are clean and the homeowners have pride in . "
    0
    Flag
  • Cl.hairstyles
    "In my neighborhood there is a lot of access to public transportation. Is close to downtown areas and highways. Is only 15 mins to community college or UC."
    2
    Flag
  • Lynn D.
    "My neighbor has a short distant to the public transportation that go to the UC Merced. We feel safe in this neighborhood, it’s also nice and clean."
    0
    Flag
  • Lisa
    "My community has easy access to public transportation, & uber cars. Also, traffic isn’t too crazy out here! "
    1
    Flag
  • Jamangel1
    "Newer neighborhood near the Campus Parkway. Nice park in the neighborhood with schools nearby. Bike and walking areas."
    0
    Flag
  • Katherine W.
    "Dog owners should beware other of other dogs roaming freely because you don't know if that other dog will be friendly or aggressive. "
    1
    Flag
  • Lisa J.
    "You see people walking their dogs all the time. I haven't had a problem with people and their animals."
    1
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

67 pet-friendly rentals in Merced, CA

Explore by feature - Garage

127 rentals with a garage in Merced, CA

Explore by feature - Air Conditioning

183 rentals with air conditioning in Merced, CA

Explore by feature - Pool

21 rentals with a pool in Merced, CA

Explore by feature - Washer/dryer

134 rentals with a washer/dryer in Merced, CA

Explore by feature - Outdoor Space

74 rentals with an outdoor space in Merced, CA

Homes for sale near 638 Pegasus Dr

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Off Market Homes Near 638 Pegasus Dr

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Frequently asked questions about 638 Pegasus Dr

  • What is 638 Pegasus Dr estimated to be worth?
    Trulia's estimated value for 638 Pegasus Dr in Merced, CA is $423,400.
  • What is the price history for 638 Pegasus Dr?
    638 Pegasus Dr in Merced, CA last sold for $300,000 in February 2020.
  • Is Merced a buyer's or seller's market?
    Merced is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Merced?
    The median sale price in Merced is $384K. That is up $2K from the prior month.
  • Does 638 Pegasus Dr have air conditioning?
    Yes, 638 Pegasus Dr in Merced, CA has air conditioning.
  • Does 638 Pegasus Dr have parking?
    Yes, 638 Pegasus Dr in Merced, CA has on-site parking.