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For Sale

21553 E PEGASUS Parkway

21553 E PEGASUS Parkway, Queen Creek, AZ 85142

$2,900,000
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.

4
beds

5
baths

4,329 Sq.Ft. LIVING AREA

1.22 Acres lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms5
  • full bathrooms3
  • half bathrooms2
  • Laundry room Inside, Gas Dryer Hookup
  • Flooring Carpet, Tile
  • Fireplace Family Room, Living Room, Gas
  • APPLIANCES Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Water Purifier
  • other interior Features Walk-in Pantry, High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Central Vacuum, Kitchen Island, Pantry, Separate Shwr Tub

Area & Lot

  • Status For Sale
  • Living Area4,329 Sq.Ft.
  • Lot Area1.22 Acres
  • MLS® ID7026094
  • TypeResidential
  • YEAR BUILT2006
  • Architecture StylesSpanish
  • View DescriptionMountain(s)
  • Elementary SchoolQueen Creek Elementary School
  • Middle SchoolQueen Creek Junior High School
  • High SchoolQueen Creek High School
  • School DistrictQueen Creek Unified District

Exterior

  • STORIES1
  • Garage Space3.0
  • water SourceCity Water
  • PoolDiving Pool, Heated
  • roofTile, Built-Up
  • lot featuresNorth/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front, Grass Back
  • parkingGarage Door Opener, Extended Length Garage, Attchd Gar Cabinets, Hangar, Over Height Garage
  • HEAT TYPENatural Gas
  • AIR CONDITIONINGCentral Air, Ceiling Fan(s)
  • sewerSeptic Tank
  • other exterior FeaturesOther, Private Yard

Financial

  • Sales Price$2,900,000
  • Real Estate Tax $9,092/yr
  • HOA $326/3 mos
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Thank you for your interest in 21553 E PEGASUS Parkway, Queen Creek, AZ 85142. We are reviewing your request and will be in touch shortly!

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