21553 E Pegasus Parkway, Queen Creek, AZ 85142
Local realty services provided by:ERA Four Feathers Realty, L.C.
Listed by: ken gould
Office: compass
MLS#:7026094
Source:ARMLS
Price summary
- Price:$2,900,000
- Price per sq. ft.:$669.9
- Monthly HOA dues:$108.67
About this home
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....
Contact an agent
Home facts
- Year built:2006
- Subdivision & Development:PEGASUS AIRPARK UNIT 1
- Listing ID #:7026094
- Updated:September 07, 2026 at 03:11 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Flooring:Carpet, Tile
- Basement:Yes
- Basement Description:Finished, Full
- Living area:4,329 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Year built:2006
- Building area:4,329 sq. ft.
- Lot area:1.22 Acres
- Lot Features:Desert Back, Desert Front, Grass Back, Grass Front, North/South Exposure, Sprinklers In Front, Sprinklers In Rear
- Architectural Style:Spanish
- Construction Materials:Block, Stucco
- Exterior Features:Private Yard
Schools
- High school:Queen Creek High School
- Middle school:Queen Creek Junior High School
- Elementary school:Queen Creek Elementary School
Utilities
- Water:City Water
Finances and disclosures
- Price:$2,900,000
- Price per sq. ft.:$669.9
- Tax amount:$9,092 (2025)
Features and amenities
- Laundry features:Gas Dryer Hookup
- Amenities:Wood Frames
- Pool features:Diving Pool
Parking
- Parking description:Attached Garage Cabinets, Extended Length Garage, Hanger, Over Height Garage
- Garage:Yes
- Garage spaces:3
New listings near 21553 E Pegasus Parkway
- New
$1,539,000Active4 beds 4 baths3,860 sq. ft.20657 E Marsh Road, Queen Creek, AZ 85142
MLS# 7076601Listed by: LIMITLESS REAL ESTATE - New
$1,325,000Active6 beds 4 baths4,354 sq. ft.18653 E Arrowhead Trail, Queen Creek, AZ 85142
MLS# 7076411Listed by: MY HOME GROUP REAL ESTATE - New
$389,900Active3 beds 2 baths1,320 sq. ft.21840 E Creosote Drive, Queen Creek, AZ 85142
MLS# 7076118Listed by: PROSMART REALTY - New
$589,900Active5 beds 3 baths2,116 sq. ft.23090 E Mayberry Road, Queen Creek, AZ 85142
MLS# 7075919Listed by: HOMESMART - New
$534,900Active3 beds 3 baths2,121 sq. ft.1378 W Buckwheat Tree Avenue, Queen Creek, AZ 85140
MLS# 7075821Listed by: EXP REALTY - New
$989,000Active2 beds 3 baths2,717 sq. ft.1237 W Cherrywood Drive, San Tan Valley, AZ 85140
MLS# 7075741Listed by: COMPASS - New
$2,700,000Active4 beds 5 baths4,605 sq. ft.24848 S 198th Place, Queen Creek, AZ 85142
MLS# 7075703Listed by: RUSS LYON SOTHEBY'S INTERNATIONAL REALTY - New
$720,000Active4 beds 3 baths2,581 sq. ft.21064 E Cattle Drive, Queen Creek, AZ 85142
MLS# 7075709Listed by: AZ MARKETPLACE REALTY - New
$625,000Active4 beds 3 baths2,327 sq. ft.21149 E Domingo Road, Queen Creek, AZ 85142
MLS# 7075575Listed by: CITIEA - New
$550,000Active2 beds 2 baths1,927 sq. ft.675 E Laddoos Avenue, Queen Creek, AZ 85140
MLS# 7075437Listed by: CANAM REALTY GROUP