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21553 E PEGASUS Parkway, Queen Creek, AZ 85142 (Sold on )

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  • New Listing
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  • PENDING UNDER CONTRACT
  • The seller has accepted an offer on this property.
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 $2,900,000

  • 4 BedBeds
  • 5 BathBaths
  • 4,329 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# 7026094

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Property Description

Rare offering in Queen Creek's prestigious Pegasus Airpark, where refined desert living meets private aviation. This estate offers direct taxi access to the private runway, a Santa Barbara-style residence with an appointed finished basement, and an impressive nearly 3,000 sq. ft. hangar with dual offices, kitchenette & bath. With approx. $775K in recent enhancements, the home showcases remodeled kitchen & baths, generous living spaces, elevated finishes, and seamless indoor/outdoor flow. The newly renovated resort-style yard features an expanded pool, new spa, and elegant outdoor spaces designed for entertaining or relaxing. A distinctive lifestyle property offering luxury, privacy, scale, aviation convenience, and everyday comfort in one remarkable setting in a premier fly-in community. Pegasus Airpark Community & Property Highlights Pegasus Airpark is a gated private runway community designed around the aviation lifestyle, offering residents the rare ability to taxi directly from their property to the runway. Known for its longer-than-average runway, reduced fuel costs, and no landing fees, Pegasus remains one of Arizona's most unique residential airpark communities. 21553 E Pegasus Pkwy combines aviation functionality with extensive recent improvements and resort-style living. Property Highlights " Approx. 4,300 sq ft residence including finished basement " Approx. 2,982 sq ft aircraft hangar " Hangar dimensions approx. 68.4' x 42.4' " Hangar includes dual offices, kitchenette, and bathroom " Direct taxiway access from property to runway " Refreshed Santa Barbara-inspired exterior " Recently updated kitchen and bathroom improvements " Andersen sliding doors creating enhanced indoor/outdoor flow " Three new HVAC systems " HVAC added to garage/hangar support areas " New garage doors and entry gates " Extensive front and backyard landscape redesign " Expanded pool and spa renovation " Outdoor Ramada and entertaining spaces " Updated irrigation system " Decorative landscape enhancements throughout property " Oversized homesite with generous outdoor living space Additional Notes The property has undergone approximately $775,000 in recent improvements and enhancements, thoughtfully elevating both the home and grounds while maintaining the warmth and character of the original architecture. The combination of substantial hangar space, finished basement, direct runway access, and extensive recent upgrades creates a rare opportunity within the Pegasus Airpark community.

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Property Details 21553 E PEGASUS Parkway, Queen Creek, AZ 85142

General

  • MLS#: 7026094
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • List Date: 05/09/2026
  • Year Built: 2006
  • Subdivision: PEGASUS AIRPARK UNIT 1
  • County: Maricopa
  • Beds: 4
  • Full Bath: 3
  • Half Bath: 2
  • Total Baths: 5
  • Pool: Diving Pool, Heated
  • Community Features: Gated, Runway Access
  • Energy/Green Features: Multi-Zones
  • Tax Year: 2025
  • Annual Taxes: $9,092.00
  • Association Fee: $326.36
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Maintenance Grounds, Street Maint

Interior Features

  • Interior Features: Walk-in Pantry, High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Central Vacuum, Kitchen Island, Pantry, Separate Shwr & Tub
  • Flooring: Carpet, Tile
  • Laundry: Inside, Gas Dryer Hookup
  • Spa: Heated, Private
  • Fireplace: Family Room, Living Room, Gas

Exterior Features

  • Exterior Features: Other, Private Yard

Schools

  • Elementary: Queen Creek Elementary School
  • Middle or Junior: Queen Creek Junior High School
  • High: Queen Creek High School
  • School District: Queen Creek Unified District

Structure

  • Style: Spanish
  • Roof: Tile, Built-Up
  • Garage Spaces: 3
  • Parking: Garage Door Opener, Extended Length Garage, Attch'd Gar Cabinets, Hangar, Over Height Garage
  • Construction Type: Stucco, Wood Frame, Block

Size & Lot

  • Total Sq.Ft: 4,329
  • Acres: 1.22
  • Lot Size: 1.2200
  • Approx Lot SqFt: 53,341
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front, Grass Back

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heat Source: Natural Gas
  • Sewer: Septic Tank

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