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For sale
    • $3,500,000

    21257 E PEGASUS Parkway, Queen Creek, AZ 85142

    4beds
    3,646sqft
    : 
    $21,363/mo
    Get pre-qualified
    Single Family Residence
    Built in 2021
    1.17 Acres Lot
    $-- Zestimate®
    $960/sqft
    $176/mo HOA

    What's special

    Timeless designAdditional front rv doorSoaring ceilingsBreathtaking mountain viewsConvenient on-site fuel accessSuperior craftsmanshipOn-site fuel availability
    Experience an extraordinary blend of luxury, craftsmanship, and aviation at one of Pegasus Airpark's most exceptional custom estates. Perfectly positioned on more than 1.16 acres with direct taxiway access and on-site fuel availability, this remarkable Rainey Homes custom build residence, completed in 2021, offers an unparalleled fly-in lifestyle within one of Arizona's most prestigious gated aviation communities. Designed for both elegant entertaining and effortless everyday living, this single-level estate spans 3,646 square feet and features four spacious bedrooms, four beautifully appointed bathrooms, a private executive office, an expansive game room, and separate guest quarters ideal for extended family or visitors. Every inch of the home showcases superior craftsmanship and ......timeless design. Stunning rift-sawn inset cabinetry, exquisite quartzite countertops, premium Monogram appliances, designer tile flooring, soaring ceilings, California Closets throughout, climate controlled 3-car garage, and a concealed walk-in pantry create a refined yet highly functional living experience. The expansive great room seamlessly connects to the chef's kitchen, creating an inviting atmosphere that embraces Arizona's indoor-outdoor lifestyle. A true centerpiece of the property is the impressive 50' x 60' fully insulated, climate-controlled aircraft hangar. Designed with versatility in mind, it features a 60-foot one-piece hydraulic aircraft door, an additional front RV door, durable epoxy flooring, spray foam insulation, direct rear taxiway access, and convenient on-site fuel access. Whether you're an aviation enthusiast, aircraft owner, automobile collector, RV owner, or passionate hobbyist, this extraordinary space offers endless possibilities rarely found in residential real estate. Step outside into your own private resort-inspired retreat. Enjoy a heated diving-depth pool and spa, built-in outdoor kitchen with BBQ, expansive covered patio, inviting fire feature, professionally designed desert landscaping, lush synthetic turf, and breathtaking mountain views that provide the perfect backdrop for year-round Arizona living. Located within the exclusive gated Pegasus Airpark in Queen Creek--one of Arizona's premier residential aviation communities--this exceptional estate offers far more than a luxury home. It presents a rare opportunity to embrace a lifestyle defined by freedom, sophistication, adventure, and the convenience of direct fly-in, fly-out access. This is luxury living without compromise.
    51 days
    |
    755
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie N Sandoval 480-390-6683,

    HomeSmart Lifestyles,

    David R Brown 480-510-4506,

    HomeSmart Lifestyles

    Source: ARMLS,MLS#: 7044856MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Electric, Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s), Programmable Thmstat
      Appliances
      • Included: Washer/Dryer Stacked, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven
      • Laundry: Inside, Gas Dryer Hookup
      Features
      • Pantry, Non-laminate Counter, High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
      • Flooring: Tile
      • Windows: Screens, Low Emissivity Windows, Double Pane Windows
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Fire Pit, Gas
      Interior area
      • Total structure area: 3,646
      • Total interior livable area: 3,646 sqft

      Property

      Parking
      • Total spaces: 20
      • Parking features: Attached, Detached Garage, RV Access/Parking, Gated, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Hangar, Over Height Garage, Rear Vehicle Entry, Storage, Temp Controlled, Golf Cart Garage, RV Garage
      • Attached garage spaces: 10
      • Uncovered spaces: 10
      Accessibility
      • Accessibility features: Zero-Grade Entry, Bath Roll-In Shower, Accessible Hallway(s)
      Features
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Rain Gutters, Other, Private Street(s), Private Yard, Storage, Built-in Barbecue, RV Hookup
      • Has private pool: Yes
      • Pool features: Variable Speed Pump, Outdoor Pool, Diving Pool, Fenced, Heated
      • Has spa: Yes
      • Spa features: Heated, Private
      • Fencing: Block,Wrought Iron
      • Has view: Yes
      • View description: Desert, Mountain(s)
      Lot
      • Size: 1.17 Acres
      • Features: North/South Exposure, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
      Details
      • Additional structures: Workshop
      • Parcel number: 30491305

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Spray Foam Insulation, Stucco, Wood Frame, Painted, Brick
      • Foundation: Slab
      • Roof: Tile
      Condition
      • Year built: 2021
      Details
      • Builder name: Rainey Homes

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: City Water
      Green energy
      • Energy efficient items: Multi-Zones
      • Water conservation: Tankless Ht Wtr Heat

      Community & HOA

      Community
      • Features: Gated, Airport/Runway, Horse Facility, Biking/Walking Path
      • Security: Security System Owned
      • Subdivision: PEGASUS AIRPARK UNIT 1
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Street Maint
      • HOA fee: $326 quarterly
      • HOA name: Pegasus Airpark
      • HOA phone: 480-422-0888
      • Second HOA fee: $201 quarterly
      • Second HOA name: Pegasus Flight Assoc
      • Second HOA phone: 480-967-7182
      Location
      • Region: Queen Creek

      Financial & listing details

      • Price per square foot: $960/sqft
      • Tax assessed value: $1,740,800
      • Annual tax amount: $7,720
      • Date on market: 7/7/2026
      • Cumulative days on market: 51 days
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
      • Ownership: Fee Simple
      • Road surface type: Asphalt
      • Body type: See Remarks,Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/8/2026Listed for sale$3,500,000+40%$960/sqft
        Source: ARMLS #7044856 Report a problem
        12/1/2023Sold$2,500,000+9.9%$686/sqft
        Source: ARMLS #6616465 Report a problem
        10/15/2023Listed for sale$2,275,000-5.9%$624/sqft
        Source: ARMLS #6616465 Report a problem
        5/16/2022Sold$2,417,800-3.2%$663/sqft
        Source: ARMLS #6313138 Report a problem
        1/7/2022Pending sale$2,499,000$685/sqft
        Source: ARMLS #6313138 Report a problem
        10/27/2021Listed for sale$2,499,000+733%$685/sqft
        Source: ARMLS #6313138 Report a problem
        12/1/2020Sold$300,000+51.5%$82/sqft
        Source: Public Record Report a problem
        4/29/2015Listing removed$198,000$54/sqft
        Source: Call Realty, Inc #5099877 Report a problem
        4/13/2014Listed for sale$198,000$54/sqft
        Source: Call Realty, Inc #5099877 Report a problem
        2/14/2014Listing removed$198,000$54/sqft
        Source: Call Realty, Inc #4967398 Report a problem
        7/14/2013Listed for sale$198,000+147.5%$54/sqft
        Source: Call Realty, Inc #4967398 Report a problem
        12/30/2010Sold$80,000-65.2%$22/sqft
        Source: Public Record Report a problem
        3/9/2005Sold$230,000$63/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,646 -4.2%$174,080 +8%
        2024$7,982 +5.9%$161,250 +134.3%
        2023$7,538 +134.7%$68,828 +50.5%
        2022$3,212 +43.7%$45,730 +41.8%
        2021$2,235 +2.8%$32,250 +11.6%
        2020$2,174 +3.7%$28,890 +16.2%
        2019$2,095 $24,870 +23%
        2018$2,095 +5%$20,220 +9.4%
        2017$1,995 +14.6%$18,480 -7.3%
        2016$1,741 +3.4%$19,935 +14.1%
        2015$1,684 $17,472 +30.3%
        2014-- $13,408 -0.8%
        2013-- $13,520 +15.8%
        2012-- $11,680 -30.8%
        2011-- $16,880 -53.7%
        2010-- $36,480 -27.6%
        2009-- $50,400 +17.1%
        2008-- $43,040 +0.9%
        2007-- $42,640 +93.1%
        2006-- $22,080 +43.8%
        2005-- $15,360
        2004-- $15,360 +52.4%
        2003-- $10,080
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 85142

        Getting around

        0 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Schnepf Elementary School
        • Middle: Crismon High School
        • High: Crismon High School
        • District: Queen Creek Unified District

        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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