21553 E PEGASUS Parkway Queen Creek, AZ $ 2,900,000
21553 E PEGASUS Parkway
$ 2,900,000
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21553 E PEGASUS Parkway

Queen Creek, AZ, 85142
$ 2,900,000
Bedrooms4 Baths3.1 Sq 4,329

Monthly Estimate*

$ 17,856

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Single Family Home for sale in Queen Creek, AZ

for $2,900,000 with 4 bedrooms and 3 full baths, 1 half bath. This 4,329 square foot home was built in 2006 on a lot size of 1.22.

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 beautifully upgraded 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 and 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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Single Family Active

Price

$ 2,900,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 9,092

Style

Spanish

Lot Size

1.22

Year Built

2006

Town/City

Queen Creek

County/Region

Maricopa

MLS | Web ID

7026094

Features
Interior
Interior Amenities Walk-in Pantry High Speed Internet Granite Counters Double Vanity Eat-in Kitchen Central Vacuum Kitchen Island Pantry Separate Shwr & Tub
Basement Finished Full
Flooring Carpet Wood
Fireplace Features Family Room Living Room Gas
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Dual Pane Wood Frames
Fireplace Y/N Y
Laundry Features Inside Gas Dryer Hookup
Total Bedrooms 4
Total Baths 4
Bedrooms Possible 5
Built-in Microwave True
Kitchen Island True
Multiple Ovens True
Pantry True
Reverse Osmosis True
Walk-in Pantry True
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General
Sewer Septic Tank
Heating Natural Gas
Cooling Central Air Ceiling Fan(s)
Utilities SRP
Possession Close Of Escrow
Roof Tile Built-Up
HOA Fee 326.0
Garage Spaces 3.0
Association Fee Includes Maintenance Grounds Street Maint
Architectural Style Spanish
Pool Features Diving Pool Heated
Security Features Fire Sprinkler System
Construction Materials Stucco Wood Frame Block
Year Built 2006
View Mountain(s)
Township 2S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Gated Runway Access
Assoc Fee Paid Per Quarterly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Energy Efficient Multi-Zones
Subdivision Name PEGASUS AIRPARK UNIT 1
Other Structures Separate Guest House
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions South on Ellsworth between San Tan Blvd and Empire. East on Pegasus Parkway north on S Achilles Way east on Pegasus. Home is on your right.
High School Queen Creek High School
City Queen Creek
Disclosures Other (See Remarks) Seller Discl Avail Vicinity of an Airport
Association Name Pegasus Airpark
High School District Queen Creek Unified District
Open Parking Spaces 4.0
Lot Size Units Square Feet
Lot Size Square Feet 53341.0
Carport Spaces 0.0
Carport Y/N N
Spa Features Heated Private
Elementary School Queen Creek Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9092.0
Home Warranty Y/N N
Middle/Junior High School Queen Creek Junior High School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.zillow.com/view-imx/66c9ebdb-7de0-40fd-ba74-0de816a8b8b2?initialViewType=pano&utm_source=dashboard
Builder Name Alden Custom Home
Standard Status Active
Occupancy Type Owner
Elementary School District Queen Creek Unified District
Tax Lot 40
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 175.5
New Financing Cash True
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Exterior
Exterior Amenities Other Private Yard
Fencing Block Wrought Iron
Parking Features Garage Door Opener Extended Length Garage Attch'd Gar Cabinets Hangar Over Height Garage
Lot Features North/South Exposure Sprinklers In Rear Sprinklers In Front Desert Back Desert Front Grass Front Grass Back
Water Source City Water
Lot Size Area 53341.0
Spa Y
Lot Size Acres 1.22
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 3.0
Crops Included Y/N N
Road Responsibility Private Maintained Road
Horse Y/N Y
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 21553
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* Excluded Features
List By
Compass

Broker

azkgould@gmail.com

Email

Affordability Calculator

$18,613
Per Month
96%
4%
0%
Monthly Principal & Interest
$17,856
Monthly Property Taxes
$758
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327804 Elementary School
4897661 Middle School
Queen Creek High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$2,900,000 Listed Price

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21553 E PEGASUS Parkway, Queen Creek, AZ, 85142 is a Single Family Home for sale at $2,900,000 with 4,329 sqft and a lot size of 1.22. 21553 E PEGASUS Parkway has 4 bedrooms, 3.1 baths, and was built in 2006. The property's zip code is 85142 which is in Queen Creek, AZ