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$419,900
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Property Description
Single-story home located in one of Merced's most desirable neighborhoods! This 4-bedroom, 2-bath residence offers an open-concept layout. The expansive family room flows seamlessly into a modern kitchen featuring granite countertops, a center island with breakfast bar, and sleek stainless steel appliancesincluding a gas stove, microwave, dishwasher, and double sinks. The primary suite offers a generous layout with a split floor plan and a well-appointed ensuite bathroom with dual sinks, a tub/shower combo and a walk-in closet. The additional bedrooms are all nicely sized with double closet doors. Enjoy energy-efficient features like dual-pane windows, a tankless water heater, and solar panelsplus the convenience of indoor laundry and a finished 2-car garage. Step outside to a spacious, low-maintenance backyard. Located just minutes from parks, schools, and shopping, this home truly has it allcomfort, style, and location!
Full Property Details
Full Property Details for 635 Pegasus Dr
General
- Price: $419,900
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 225088569
- Updated: 1/2/2026
- Added to Site: 196 day(s) ago
Interior
- Appliances: Gas Cook Top, Ice Maker, Dishwasher, Microwave, Tankless Water Heater
- Flooring: Carpet, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Double Sinks, Tub with Shower Over, Walk-In Closet
- Primary Bathroom: Double Sinks, Tub w/Shower Over, Walk-In Closet
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Kitchen: Granite Counter, Island, Stone Counter
- Dining Room: Breakfast Nook
- Laundry: Inside Area, Inside Room
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Attached, Garage Facing Front
Location
- County: Merced
- Cross Streets: Theresa Ln
- Driving Directions: From Cardella Rd/ Freemark Ave head toward Phelps Dr and turn L, Turn R on Theresa Ln, Turn L onto Pegasus Dr, Property on left.
School Information
- School District: Merced
- Elem School District: Merced City
- Midd School District: Merced City
- High School District: Merced Union High
Heating & Cooling
- Cooling Type: Central, See Remarks
- Heating Type: Central
- Heating Fuel: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Natural Gas Available
Structural Information
- Construction: Stucco
- Basement: Yes
- Foundation: ConcretePerimeter
- Roof: Composition
- Windows: Dual Pane Full
- Stories/Levels: 1
- Square Feet: 1,565
- Sq. Ft. Source: Assessor Auto-Fill
- Year Built: 2020
Lot Features
- Lot Size (Acres): 0.1087
- Lot Size (Sq. Ft.): 4,735
- Irrigation System: Public District
- Lot Description: Landscape Front
Disclosures and Reports
- Special Conditions: None
- APN: 230-140-017-000
Listed by Realty Executives of Northern California
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Schools
Schools serving 635 Pegasus Dr
School Districts:Merced City Elementary School District, Merced Union High School District
| Name | Grades | Distance |
|---|---|---|
Ada Givens Elementary School 2900 Green Street, Merced, CA 95340 | K-6 | 3.1 mi |
Herbert H. Cruickshank Middle School 601 Mercy Avenue, Merced, CA 95340 | 7-8 | 1 mi |
El Capitan High 100 W. Farmland, Merced, CA 95348 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 635 Pegasus Dr
Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$419,900
-2.12%
MLS
7/31/2025
Price Reduced
$429,000
-4.45%
MLS
7/03/2025
Listed
$449,000
-2.39%
MLS
6/13/2022
Sold
$460,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 635 Pegasus Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,604
7%
$423,000
5%
2024
$6,193
2%
$403,500
3%
2023
$6,070
17%
$393,000
24%
2022
$5,203
-1%
$316,382
2%
2021
$5,231
1%
$310,179
3%
2020
$5,185
359%
$301,200
402%
2019
$1,130
111%
$60,000
763%
2018
$536
-14%
$6,952
2%
2017
$624
—
$6,816
2%
2016
$627
1%
$6,683
2%
2015
$623
—
$6,583
2%
2014
$623
—
$6,455
—
2013
$622
—
$6,426
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 635 Pegasus Dr
635 Pegasus Drive, Merced, CA 95348 (MLS# 225088569) is a Single Family property with 4 bedrooms and 2 full bathrooms. 635 Pegasus Drive is currently listed for $419,900 and was received on July 03, 2025. Want to learn more about 635 Pegasus Drive? Do you have questions about finding other Single Family real estate for sale in Merced? You can browse all Merced real estate or contact a Coldwell Banker agent to request more information.

