656 Pegasus Dr, Merced, CA 95348
Spacious open great room
Great room with ample natural light
OFF MARKET

$499,700

Trulia Estimate
  • 6 Beds
  • 4.5 Baths
  • 2,491 sqft

656 Pegasus Dr, Merced, CA 95348

Est. Refi. Payment $3,226/mo*
Refinance Your Home
Currently Off Market - Sold Feb 23, 2023 for $489,000

Home Value

Trulia Estimate
$500K
Since last month
Decreased$2K (-0.4%)
Since last year
Increased$3K (+0.6%)
Since last sale
Increased$12K (+2.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +29% in the last 10 years
MonthEstimated value
2026
September 2026$501K
August 2026$503K
July 2026$504K
June 2026$509K
May 2026$513K
April 2026$514K
March 2026$519K
February 2026$514K
January 2026$499K
2025
2024
2023
2022
2021
2020
2019

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
753 Heitz Way, Merced, CA
0.31
Single-Family Home
$555,000
04/13/26
5
4
2,548
697 Heitz Ct, Merced, CA
0.31
Single-Family Home
$515,000
06/15/26
5
3.5
2,548
635 Pegasus Dr, Merced, CA
0.04
Single-Family Home
$405,000
04/10/26
4
2
1,565
624 Suzanne Dr, Merced, CA
0.48
Single-Family Home
$515,000
02/06/26
5
4
2,554
4262 Freemark Dr, Merced, CA
0.11
Single-Family Home
$420,000
07/31/26
4
2
1,789
603 Keenan Ct, Merced, CA
0.30
Single-Family Home
$590,000
09/24/26
5
3.5
2,554
4407 Pickworth Ct, Merced, CA
0.36
Single-Family Home
$500,000
07/31/26
4
3
2,202
4246 Freemark Dr, Merced, CA
0.13
Single-Family Home
$405,000
05/14/26
4
2
1,564
4271 Freemark Dr, Merced, CA
0.13
Single-Family Home
$429,000
04/07/26
4
2
1,565
4271 Freemark Ave, Merced, CA
0.13
Single-Family Home
$429,000
04/07/26
4
2
1,565

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4275 Lasalle Dr, Merced, CA 95348
0.05
$423,200
4
2
1,564
Off Market
4262 Theresa Ln, Merced, CA 95348
0.06
$433,700
4
3
1,564
Off Market
635 Pegasus Dr, Merced, CA 95348
0.04
$405,000
4
2
1,565
Recently Sold
685 Pegasus Dr, Merced, CA 95348
0.05
$508,100
5
3.5
2,478
Off Market
4229 Lasalle Dr, Merced, CA 95348
0.09
$457,400
4
2
1,789
Off Market
4262 Freemark Dr, Merced, CA 95348
0.11
$420,000
4
2
1,789
Recently Sold
665 Phelps Dr, Merced, CA 95348
0.08
$423,200
4
2
1,789
Off Market
657 Phelps Dr, Merced, CA 95348
0.08
$508,300
6
4.5
2,478
Off Market
687 Phelps Dr, Merced, CA 95348
0.09
$423,900
4
2
1,564
Off Market
4231 Theresa Ln, Merced, CA 95348
0.13
$394,500
4
2
1,564
Off Market
4215 Lasalle Dr, Merced, CA 95348
0.14
$434,600
4
2.5
1,899
Off Market
4246 Freemark Dr, Merced, CA 95348
0.13
$405,000
4
2
1,564
Recently Sold

Local Information

  • Map ViewExplore the area around 656 Pegasus Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2020
2,491 sqft
$201/sqft
Garage

About this House

What's unique:Large backyardClose to schoolsFront yardLow maintenance landscapeMaster suite
Aspire at Bellevue Ranch II in Merced, CA offers 5 affordable new home designs with up to 5 bedrooms and 2,491 sq. ft. Live a relaxed lifestyle with no HOA fees minutes from downtown Merced, the city's excellent public schools, and walking trails adjacent to the community. Offered By: K. Hovnanian Aspire at Bellevue Ranch M2, LLC The Daisy offers: Extra Suite with full bath on first floor for guests. Bright, open living space, ideal for entertaining. Beautiful kitchen with large island and corner pantry. Convenient upstairs laundry room, making chores a breeze. Extra Suite 2 with full bath on second floor for multi-generational living.
656 Pegasus Dr, Merced, CA 95348 is a 6 bedroom, 5 bathroom, 2,491 sqft single-family home built in 2020. It last sold for $489,000 on Feb 23, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $499,700, with a rent estimate of $2,791/month.

Home Details for 656 Pegasus Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 9
Heating & Cooling
Air ConditioningCooling System: Central

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Patio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Lot Information

Lot Area: 4704 sqft

Price and Tax history

DateEventPrice
Feb 23, 2023
Source: N/A
Sold
$489,000
Jan 30, 2023
Source: CRMLS #MC23007449
Pending
$489,000
Jan 14, 2023
Source: CRMLS #MC23007449
Listed For Sale
$489,000
Dec 1, 2022
Source: MetroList Services of CA #222106072
ListingRemoved
Oct 13, 2022
Source: MetroList Services of CA #222106072
PriceChange
$499,000
Price decreased by 0%

Market trends in Merced

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$376K
$6.33KMoM
Sale-to-List Price
99.6%
Price per sq ft
$246
$0MoM
Available listings
285
11MoM

Around this home

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. "
    1
    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

LGBTQ Local Legal Protections

Frequently asked questions about 656 Pegasus Dr

  • What is 656 Pegasus Dr estimated to be worth?
    Trulia's estimated value for 656 Pegasus Dr in Merced, CA is $499,700.
  • What is the price history for 656 Pegasus Dr?
    656 Pegasus Dr in Merced, CA last sold for $489,000 in February 2023.
  • Is Merced a buyer's or seller's market?
    Merced is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Merced?
    The median sale price in Merced is $376K. That is down $6.33K from the prior month.
  • Does 656 Pegasus Dr have air conditioning?
    Yes, 656 Pegasus Dr in Merced, CA has air conditioning.
  • How big is the lot at 656 Pegasus Dr?
    The lot at 656 Pegasus Dr in Merced, CA is about 0.11 acres (4,704 sq ft).

Explore by feature - Pet Friendly

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Off Market Homes Near 656 Pegasus Dr

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