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$2,900,000
Monthly Est:$14,434
4 Beds
- 5 Baths
3 full baths + 2 half baths
4,329sqft
21553 E Pegasus Pkwy, Queen Creek, AZ 85142
$2,900,000
$14,434/moEst:
Get Pre-Approved
Single Family Residence
Built in 2006
$175.33/mo HOA
1.22 acres lot
$670/sq.ft
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 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.
- Houzeo last checked: 10 minutes ago
- Listing updated: October 8, 2026 at 10:51 pm
- Listing Provided by: Ken Gould (480) 250-2978 | Compass (480) 776-1555
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7026094

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
2006
HOA Fees
$175.33/mo
Finished Area
4,329 sqft
Lot Size
1.22 acres lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7026094
MLS Status
Active
Days on Market
153

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Location
HOA Management
Pegasus Airpark
HOA Fees
$326.36/ Quarterly
Pegasus Flight Assoc
HOA Fees
$200.5/ Quarterly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Maintenance
Street Maint
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 5
Interior
Cooling
Ceiling Fan(s), Central Air
Window Features
Wood Frames, Dual Pane
Appliances
Dishwasher, Disposal, Refrigerator, Gas Cooktop, Microwave, Reverse Osmosis, Washer, Dryer, Water Softener Owned, Water Purifier
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, Tile
Exterior Features
Private Yard, Other
Sewer
Septic Tank
Heating
Natural Gas
Construction
Year Built
Year Built: 2006
Home type
Single Family Residence
Construction Materials
Block, Wood Frame, Stucco
Roof
Built Up, Tile
Architectural Style
Spanish
Utilities & Energy
Laundry Features
Inside, Gas Dryer Hookup
Pool Features
Diving Pool, Heated
Fireplace Features
Family Room, Living Room, Gas
Basement
Finished, Full
Parking Features
Over Height Garage, Extended Length Garage, Garage Door Opener, Attch'd Gar Cabinets, Hangar
Water Source
Public
Other Features
Disclosures
Seller Discl Avail, Other (see Remarks), Vicinity Of An Airport
Lot Features
North/south Exposure, Desert Front, Desert Back, Sprinklers In Front, Sprinklers In Rear, Grass Front, Grass Back
Patio And Porch Features
Covered Patio(s)
Community Features
Gated, Runway Access
Subdivision Name
Pegasus Airpark Unit 1
Price History
| Date | Event | Price |
|---|---|---|
05/29/2026 Source: | Listed for Sale | $2,900,000 +38.13% $670/sqft |
09/01/2021 Source: | Sold | $2,099,500 $485/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Oct 10, 2026, 03:00PM. 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.
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