Skip main navigation
For sale
  • $2,900,000

    21553 E PEGASUS Parkway, Queen Creek, AZ 85142

    4beds
    4,329sqft
    : 
    $17,808/mo
    Get pre-qualified
    Single Family Residence
    Built in 2006
    1.22 Acres Lot
    $-- Zestimate®
    $670/sqft
    $176/mo HOA

    What's special

    Expanded poolGenerous living spacesUpdated irrigation systemRemodeled kitchen and bathsAppointed finished basementSanta barbara-style residenceNewly renovated resort-style yard
    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.
    85 days
    |
    863
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ken Gould 480-250-2978,

    Compass

    Source: ARMLS,MLS#: 7026094MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Heating
      • Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Water Purifier
      • Laundry: Inside, Gas Dryer Hookup
      Features
      • Pantry, High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Central Vacuum, Kitchen Island, Separate Shwr & Tub
      • Flooring: Carpet, Tile
      • Windows: Double Pane Windows, Wood Frames
      • Basement: Finished,Full
      • Number of fireplaces: 2
      • Fireplace features: Family Room, Living Room, Gas
      Interior area
      • Total structure area: 4,329
      • Total interior livable area: 4,329 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 7
      • Parking features: Garage Door Opener, Extended Length Garage, Attch'd Gar Cabinets, Hangar, Over Height Garage
      • Garage spaces: 3
      • Uncovered spaces: 4
      Features
      • Stories: 1
      • Patio & porch: Covered
      • Exterior features: Other, Private Yard
      • Has private pool: Yes
      • Pool features: Diving Pool, Heated
      • Has spa: Yes
      • Spa features: Heated, Private
      • Fencing: Block,Wrought Iron
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 1.22 Acres
      • Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front, Grass Back
      Details
      • Additional structures: Guest House
      • Parcel number: 30491329

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Spanish
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Frame, Block
      • Roof: Tile,Built-Up
      Condition
      • Year built: 2006
      Details
      • Builder name: Alden Custom Home

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: City Water
      Green energy
      • Energy efficient items: Multi-Zones

      Community & HOA

      Community
      • Features: Gated, Airport/Runway
      • 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: 480-422-0888
      Location
      • Region: Queen Creek

      Financial & listing details

      • Price per square foot: $670/sqft
      • Tax assessed value: $1,780,800
      • Annual tax amount: $9,092
      • Date on market: 5/29/2026
      • Cumulative days on market: 85 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/29/2026Listed for sale$2,900,000+38.1%$670/sqft
        Source: ARMLS #7026094 Report a problem
        3/31/2022Sold$2,099,500$485/sqft
        Source: ARMLS #6243546 Report a problem
        3/18/2022Pending sale$2,099,500$485/sqft
        Source: ARMLS #6243546 Report a problem
        9/1/2021Listed for sale$2,099,500+526.7%$485/sqft
        Source: ARMLS #6243546 Report a problem
        6/24/2005Sold$335,000+1016.7%$77/sqft
        Source: Public Record Report a problem
        8/9/2004Sold$30,000$7/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,006 -4.5%$178,080 +1.4%
        2024$9,429 -2%$175,670 +103.1%
        2023$9,624 +2.5%$86,476 -13.8%
        2022$9,393 +1.9%$100,330 +7.6%
        2021$9,222 +3.1%$93,250 +13.5%
        2020$8,941 +3.8%$82,130 +4%
        2019$8,610 $79,000 +14.3%
        2018$8,610 +5.4%$69,100 +7.1%
        2017$8,168 -7.3%$64,530 -13.2%
        2016$8,810 +7%$74,350 -0.6%
        2015$8,235 $74,800 +15.8%
        2014-- $64,580 +18.4%
        2013-- $54,560 -6.1%
        2012-- $58,120 -0.2%
        2011-- $58,210 -7.9%
        2010-- $63,230 -1.2%
        2009-- $63,970 -18%
        2008-- $78,050 +75.8%
        2007-- $44,400 +93.4%
        2006-- $22,960 +43.5%
        2005-- $16,000
        2004-- $16,000 +52.7%
        2003-- $10,480
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 85142

        Getting around

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Queen Creek Elementary School
        • Middle: Queen Creek Junior High School
        • High: Queen Creek 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes