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Sold for $3,200,000
  • $3,200,000

    165 Pegasus Trail, Sedona, AZ 86351

    5beds
    4,339sqft
    Single Family Residence
    Built in 1992
    2.94 Acres Lot
    $1,967,800 Zestimate®
    $737/sqft
    $7,582 Estimated rent

    Home value

    $1,967,800

    $1.73M - $2.24M

    $7,582/mo

    Zestimate® history
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    What's special

    Primary suiteBacking to national forestExpanded picture windowsSeveral additional patiosExpanded paver patioQuartz countertopsImpressive walk-in closets
    Experience a total transformation on this Luxury Sedona estate, set on 2.94 acres with sweeping panoramic Red Rock views and backing to National Forest for complete privacy. Designed to capture Sedona's world-famous red rocks, this modern masterpiece showcases expanded picture windows that bring the outdoors in with unforgettable drama. Step inside to a fresh, refined interior featuring new paint inside and out, luxury vinyl flooring throughout, and designer lighting that casts a warm, elegant glow. At the heart of the home is a gourmet kitchen created for both beauty and function. Picture yourself gathering around the oversized quartz island as the red rocks glow at sunset. Premium Café appliances, quartz countertops, and custom cabinetry with extensive storage create a space that is as stylish as it is practical. Microwave/Oven and induction range make every meal effortless, while three dishwashers ensure entertaining and cleanup are refreshingly simple. The primary suite has been completely modernized with quartz finishes throughout and a spa-like bath featuring a slipper soaking tub, dual-head walk-in shower, bidet, and one of the most impressive walk-in closets you will find. A second primary suite, set on the opposite side of the home, offers equal comfort and privacy for guests. Step outside to an expanded paver patio with a convenient ramp for easy access, the perfect place to watch Sedona's famous sunsets. Several additional patios invite you to relax, entertain, and experience the beauty of Red Rock country from every angle. This estate combines luxury with rare versatility. Short-term rentals are allowed, horses are welcome - up to six - and the barn provides space for horses, 6+ vehicles, an RV, or a variety of other uses. A three-car attached garage plus an additional one-car detached garage ensures ample parking and storage. Recent upgrades, including two new AC units, two new water heaters, and a whole-house water infiltration system, provide comfort and peace of mind. This Sedona retreat offers an unmatched blend of privacy, elegance, and possibility. Don't miss your chance to own a truly transformed estate where modern luxury meets natural wonder, come and experience it for yourself.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rob Schabatka 928-821-3508,

    RE/MAX Sedona,

    Ricky Schabatka 480-203-5065,

    RE/MAX Sedona

    Bought with:

    Kristi C Anderson, SA527922000

    eXp Realty

    Source: ARMLS,MLS#: 6918489MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Propane
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Water Purifier
    Features
    • Double Vanity, See Remarks, Master Downstairs, Upstairs, Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Other, Vinyl, Tile
    • Windows: Skylight(s), Double Pane Windows
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 4,339
    • Total interior livable area: 4,339 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: RV Access/Parking, Gated, Garage Door Opener, Detached, RV Garage
    • Garage spaces: 4
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Storage
    • Spa features: None
    • Fencing: Wrought Iron,Wire
    Lot
    • Size: 2.94 Acres
    • Features: Borders Preserve/Public Land, Desert Front, Natural Desert Back
    Details
    • Parcel number: 40533481
    • Horses can be raised: Yes
    • Horse amenities: Barn

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: See Remarks,Contemporary,Spanish,Territorial/Santa Fe
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame
    Condition
    • Year built: 1992

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Pvt Water Company
    • Utilities for property: Propane

    Community & HOA

    Community
    • Features: Gated, Horse Facility
    • Subdivision: Metes & Bounds
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Sedona

    Financial & listing details

    • Price per square foot: $737/sqft
    • Tax assessed value: $1,487,505
    • Annual tax amount: $8,146
    • Date on market: 10/24/2025
    • Cumulative days on market: 88 days
    • Listing terms: Cash,FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/8/2025Sold$3,200,000-5.7%$737/sqft
    Source: ARMLS #6918489 Report a problem
    9/12/2025Price change$3,395,000+41.8%$782/sqft
    Source: ARMLS #6918489 Report a problem
    5/2/2025Pending sale$2,395,000+19.8%$552/sqft
    Source: SVVAR #537325 Report a problem
    4/29/2025Sold$2,000,000-16.5%$461/sqft
    Source: ARMLS #537325 Report a problem
    3/19/2025Contingent$2,395,000$552/sqft
    Source: SVVAR #537325 Report a problem
    10/3/2024Listed for sale$2,395,000+45.2%$552/sqft
    Source: SVVAR #537325 Report a problem
    10/20/2020Sold$1,650,000+48.6%$380/sqft
    Source: Public Record Report a problem
    4/18/2019Sold$1,110,000$256/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,146 +2.9%$100,116 +5%
    2024$7,915 +1.8%$95,349 -53.6%
    2023$7,773 -1.4%$205,695 +26.2%
    2022$7,885 0%$162,950 +8%
    2021$7,886 +1%$150,897 +12.1%
    2020$7,808 $134,580
    2019-- --
    Find assessor info on the county website

    Neighborhood: 86351

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: West Sedona Elementary School
    • Middle: Sedona Red Rock Junior/Senior High School
    • High: Sedona Red Rock Junior/Senior High School
    • District: Sedona-Oak Creek JUSD #9

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,967,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,967,800