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641 Pegasus Dr, Merced, CA, 95348

6beds
5baths
2,478sqft
$585,000
$236price/sqft
$4,242/moest. monthly cost
$169,680/yrincome needed

About This Home

Welcome to this spacious, move-in ready home offering 6 bedrooms, 4.5 bathrooms, and 2,478 square feet of thoughtfully designed living space. With three private en suite bedrooms, including a convenient downstairs en suite, this home is ideal for multi-generational living, guests, or anyone looking for extra privacy. An additional half bath on the main level adds even more convenience. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating the perfect space for entertaining or everyday living. The kitchen features a new range, new kitchen sink, a spacious walk-in pantry, and plenty of room to gather with family and friends. The first floor showcases durable luxury vinyl plank flooring, while the entire upstairs has been refreshed with brand-new carpet, giving the home a fresh, modern feel throughout. Additional highlights include paid solar, helping keep energy costs down, a 2-car garage, and a floor plan designed to accommodate a variety of lifestyles. This home truly checks all the boxes with its generous space, versatile layout, and valuable upgrades. Don't miss your opportunity to make this exceptional property your next home!

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

4/10
5/10
El Capitan HighGrades 9-121.7 mi

Construction

Condition

  • Year built: 2020

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Microwave,Refrigerator,Range Hood
  • Laundry features: Upper Level

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Features

  • Ceiling Fan(s),Open Floorplan,Pantry,Bedroom on Main Level,Primary Suite
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,478 sqft

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 230140018000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 4,739 sqft
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Drought
Earthquake
Heat Wave
Lightning

FEMA Declared Disasters in Merced County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,958$35,496
Home Insurance *$152$1,824
Property Taxes $601$7,212
Electricity $531$6,376
Total$4,242$50,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,440/yr
40% on housing$127,260/yr
45% on housing$113,120/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$236This listing

vs Other Active Listings

Avg $/sqft

ZIP 95348$214
Merced County$326

vs Homes Sold Last Month

Median $/sqft

ZIP 95348$245
Merced County$264

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Price change$575,000
2026-07-16Listed for sale$585,000
2022-05-06Sold$585,000
2022-04-05Pending sale$595,000
2022-03-31Listed for sale$595,000
2020-10-23Sold$419,500
2020-09-12Price change$400,723
2020-07-31Price change$394,443
2020-07-21Listed for sale$4,000
2020-01-08Listing removed$389,123
2019-11-16Price change$389,123
2019-10-11Price change$404,123
2019-10-04Price change$402,073
2019-09-29Listed for sale$387,390
2019-07-05Listing removed--
2019-04-12Listed for sale--

For Sale by Agent

AgentMichelle Loy
BrokerageRealty Executives Of Northern California

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