21553 E Pegasus Parkway, Queen Creek, AZ 85142
Local realty services provided by:CENTURY 21 Desert Estates Realty
Listed by: ken gould
Office: compass
MLS#:7026094
Source:ARMLS
Price summary
- Price:$2,900,000
- Price per sq. ft.:$669.9
- Monthly HOA dues:$108.67
About this home
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....
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Home facts
- Year built:2006
- Subdivision & Development:PEGASUS AIRPARK UNIT 1
- Listing ID #:7026094
- Updated:August 02, 2026 at 03:17 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Flooring:Carpet, Tile
- Basement:Yes
- Basement Description:Finished, Full
- Living area:4,329 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Year built:2006
- Building area:4,329 sq. ft.
- Lot area:1.22 Acres
- Lot Features:Desert Back, Desert Front, Grass Back, Grass Front, North/South Exposure, Sprinklers In Front, Sprinklers In Rear
- Architectural Style:Spanish
- Construction Materials:Block, Stucco
- Exterior Features:Private Yard
Schools
- High school:Queen Creek High School
- Middle school:Queen Creek Junior High School
- Elementary school:Queen Creek Elementary School
Utilities
- Water:City Water
Finances and disclosures
- Price:$2,900,000
- Price per sq. ft.:$669.9
- Tax amount:$9,092 (2025)
Features and amenities
- Laundry features:Gas Dryer Hookup
- Amenities:Wood Frames
- Pool features:Diving Pool
Parking
- Parking description:Attached Garage Cabinets, Extended Length Garage, Hanger, Over Height Garage
- Garage:Yes
- Garage spaces:3
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