$2,900,000
21553 E PEGASUS Parkway, Queen Creek, AZ 85142
PEGASUS AIRPARK UNIT 1 · Maricopa County
What's special
- Mountain(s) views
- Fireplace
- 3-car garage
- Horses allowed
- Basement
Description
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.
Property details
Interior
Bedrooms
- Bedrooms: 4
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- 1/2 Bathrooms: 1
Interior Features
- Separate Shwr & Tub
- Double Vanity
- Eat-in Kitchen
- Pantry
- Kitchen Island
- Walk-in Pantry
- Granite Counters
- High Speed Internet
- Central Vacuum
- Flooring: Carpet, Wood
- Window Features: Wood Frames, Dual Pane
Appliances
- Dishwasher
- Disposal
- Refrigerator
- Gas Cooktop
- Microwave
- Reverse Osmosis
- Washer
- Dryer
- Water Softener Owned
- Water Purifier
- Laundry Features: Inside, Gas Dryer Hookup
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air
- Heating Features: Natural Gas
- Fireplace: Yes
- Fireplace Features: Family Room, Living Room, Gas
Other Interior
- Stories: 1
- Basement: Finished, Full
Exterior
Exterior and Lot Features
- Private Yard
- Other
- Patio and Porch Features: Covered Patio(s)
- Fencing: Wrought Iron, Block
Land Info
- North/South Exposure
- Desert Front
- Desert Back
- Sprinklers In Front
- Sprinklers In Rear
- Grass Front
- Grass Back
- Lot Size Acres: 1.22
- Lot Size Square Feet: 53,341
Garage and Parking
- Garage Spaces: 3
- Attached Garage: No
- Parking Features: Over Height Garage, Extended Length Garage, Garage Door Opener, Attch'd Gar Cabinets, Hangar
Home Features
- View: Mountain(s)
- Horse Property: Yes
Community
Homeowners Association
- Association: Yes
- Association Fee: $326
- Association Fee Frequency: Quarterly
- Calculated Total Monthly Association Fees: $109
- Association Fee Includes: Maintenance Grounds, Street Maint
Neighborhood
- Subdivision: PEGASUS AIRPARK UNIT 1
Listing
Other Property Info
- Annual Tax Amount: $9,092
- Source Listing Status: Active
- County: Maricopa
- 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.
- Property Subtype: Single Family Residence
- Parcel Number: 304-91-329
- Postal City: Queen Creek
- Listing Date: 5/9/2026
- On Market Date: 5/29/2026
- MLS#: 7026094
Features
Building and Construction
- Total Square Feet Living: 4,329
- Year Built: 2006
- Property Age: 20
- Architectural Style: Spanish
- Construction Materials: Block, Wood Frame, Stucco
- Roof: Built-Up, Tile
- Stories: 1
- Living Area Source: Assessor
Utilities
- Water Source: Public
Contact Us
Contact Us
Ask a question or schedule a showing
Listing updated: May 31, 2026
MLS#: 7026094
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