Property Overview:
639 Pegasus Ln is a single-family home (Edgewater townhouse) in Foster City, CA, built in 1972. It features 3 bedrooms, 2.5 bathrooms, and approximately 1,470 sq. ft. of living space. The home includes a parking garage, central heating system, and is currently estimated at $1,566,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3% (well below state average of 11.8%).
- Property crime risk: 2.6% (well below state average of 10.8%).
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Schools:
Nearby schools include Foster City Elementary, Design Technical High, Bowditch Middle, and San Mateo County Special Education.- Average SAT score: 1076 (553 Math, 523 English)—above state average of 975.
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Job Market:
- 76.7% white-collar jobs, 23.3% blue-collar jobs.
- Unemployment rate: 2.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 32,202 (13% growth since 2000).
- 62% families with children.
- Largest age group: 35-44 years (17.43%); second largest: 25-34 years (15.07%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.2°F (January), 73.2°F (July).
- Average rainfall: 21.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $108,169.
- Average annual spending: $73,732.
Property Features:
- Spacious townhouse with fireplace in living room.
- Eat-in kitchen and in-unit laundry (includes refrigerator, washer, and dryer).
- Recent upgrades:
- New flooring throughout
- Freshly painted kitchen
- New water heater
- Spacious patio and balcony—ideal for relaxing or entertaining.
- Vacant and easy to show; clear termite report.
- Edgewater community amenities:
- Pool
- Basketball court
- Nearby recreation:
- Ryan Park (4th of July fireworks), Foster City Lagoon, bike paths, walking trails, and other parks.
Location Benefits:
- Prime Foster City location—centrally located between San Francisco and San Jose.
- Easy access to Silicon Valley, airports, grocery stores, dining, and shopping.
- Highly desirable school districts: Foster City and San Mateo High Schools.
- Ideal for families and those seeking an active, community-oriented lifestyle.
- Fantastic opportunity to enjoy summer and outdoor amenities.