For Sale
Single family home for sale at 1948 E Pegasus Dr, Tempe, AZ 85283 | MLS# 7097074 | Listing updated on 2026-10-30
Photo 1 of Single family home for sale at 1948 E Pegasus Dr, Tempe, AZ 85283 | MLS# 7097074 | Listing updated on 2026-10-30
Photo 2 of Single family home for sale at 1948 E Pegasus Dr, Tempe, AZ 85283 | MLS# 7097074 | Listing updated on 2026-10-30
Photo 3 of Single family home for sale at 1948 E Pegasus Dr, Tempe, AZ 85283 | MLS# 7097074 | Listing updated on 2026-10-30
Photo 4 of Single family home for sale at 1948 E Pegasus Dr, Tempe, AZ 85283 | MLS# 7097074 | Listing updated on 2026-10-30
131+
Beds Icon

Street View

$1,495,000

Monthly Est:$7,441

  • Beds Icon6 Beds
  • Beds Icon
    4 Baths
  • Beds Icon2,953sqft

1948 E Pegasus Dr, Tempe, AZ 85283

$7,441/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 1973

  • $-- HOA

  • 19,990 sqft lot

  • $506/sq.ft

Description

1948 E. PEGASUS DRIVE | TEMPE ✨

Some homes have a backyard. Pegasus has a private resort.

Set on a nearly half-acre, no-HOA lot, this remarkable property pairs a beautifully remodeled 4-bedroom, 2-bath main home with a fully permitted detached 2-bedroom, 2-bath casita--complete with its own address, electric meter, private entrance and parking.

Then step outside: a brand-new pool, two putting greens, a fire-pit gathering area, RV parking with full hookups, and a private lighted combination basketball and pickleball court. It's a setting made for everyday enjoyment, unforgettable weekends and room for everyone.

Approximately 3,000 square feet of combine
d living space. Two separate residences. A backyard built for play, relaxation and entertaining.

  • Houzeo last checked: 6 minutes ago
  • Listing updated: October 30, 2026 at 8:55 am
  • Listing Provided by: Joseph Lee Fraser (480) 232-5713 | HomeSmart (480) 889-3700
  • Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7097074 Arizona Regional Multiple Listing Service-AZ

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Maricopa County

  • City

    Tempe

  • Neighborhood

    Optimist Park Southwest

  • Year Built

    1973

  • HOA Fees

    -

  • Finished Area

    2,953 sqft

  • Lot Size

    19,990 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Arizona Regional Multiple Listing Service

  • MLS Number

    7097074

  • MLS Status

    Active

  • Days on Market

    7

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 4

Interior

  • Interior Features

    3/4 Bath Master Bdrm, Double Vanity, Eat In Kitchen, Breakfast Bar, Pantry, Kitchen Island, Quartz Countertops, No Interior Steps

  • Heating

    Electric, Heat Pump

  • Flooring

    Tile

  • Sewer

    Public Sewer

  • Window Features

    Dual Pane, Screens

  • Cooling

    Ceiling Fan(s), Central Air, Programmable Thmstat, Heat Pump

  • Exterior Features

    Sport Court(s), Rv Hookup, Private Pickleball Court(s)

  • Appliances

    Dishwasher, Disposal, Refrigerator, Electric Cooktop, Electric Range

Construction

  • Year Built

    Year Built: 1973

  • Home type

    Single Family Residence

  • Construction Materials

    Block, Painted

  • Roof

    Composition

Utilities & Energy

  • Laundry Features

    Washer Hookup, In Garage

  • Fireplace Features

    Insert

  • Water Source

    Public

  • Pool Features

    Play Pool, Variable Speed Pump

  • Parking Features

    Rv Access/parking, Rv Gated, Side Vehicle Entry, Rear Vehicle Entry, Garage Door Opener, Gated, Electric Vehicle Charging Station(s), Attached Garage

Other Features

  • Lot Features

    Cul De Sac, North/south Exposure, Alley, Desert Front, Desert Back, Sprinklers In Front, Sprinklers In Rear, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2o Front, Auto Timer H2o Back

  • Patio And Porch Features

    Patio

  • Disclosures

    Seller Discl Avail, Agency Discl Req

  • Subdivision Name

    Continental East Unit 6

Price History

DateEventPrice

10/30/2026

Source: mls_logoArizona Regional Multiple Listing Service-AZ #7097074

Listed for Sale

$1,495,000 +211.46%

$506/sqft

01/10/2026

Source: mls_logoArizona Regional Multiple Listing Service-AZ #6958568

Sold

$480,000 +5.49%

$163/sqft

12/30/2025

Source: mls_logoArizona Regional Multiple Listing Service-AZ #6958568

Pending

$455,000

$154/sqft

12/24/2025

Source: mls_logoArizona Regional Multiple Listing Service-AZ #6958568

Listed for Sale

$455,000

$154/sqft

Nearby Homes

Based on information from the Arizona Regional Multiple Listing Service through Oct 30, 2026, 09:15AM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services

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