For Sale House MLS# 7026094

21553 E PEGASUS Parkway

Queen Creek, AZ 85142

$2,900,000

Take the tour

About 21553 E PEGASUS Parkway

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.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
2006
Stories
1
Living area
4,329 sqft
Price / sqft
$670
Lot
1.22
Original price
$2,900,000
MLS #
7026094

Interior

Features
Central Air, Ceiling Fan(s), Walk-in Pantry, High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Central Vacuum, Kitchen Island, Pantry, Separate Shwr & Tub, Natural Gas, Inside, Gas Dryer Hookup, Finished, Full, Carpet, Tile, Family Room, Living Room, Gas, Fireplace, Multi-Zones
Flooring
Carpet, Tile
Heating
Natural Gas
Cooling
Central Air, Ceiling Fan(s)
Laundry
Inside, Gas Dryer Hookup
Windows
Dual Pane, Wood Frames

Exterior & lot

Features
Diving Pool, Heated, Spanish, Other, Private Yard, Separate Guest House, Heated, Private, Garage Door Opener, Extended Length Garage, Attch'd Gar Cabinets, Hangar, Over Height Garage
Construction
Stucco, Wood Frame, Block, Tile, Built-Up, Dual Pane, Wood Frames
Roof
Tile, Built-Up
Lot
30491329, Block, Wrought Iron
Fence
Block, Wrought Iron
Pool
Diving Pool, Heated
Parking
Garage Door Opener, Extended Length Garage, Attch'd Gar Cabinets, Hangar, Over Height Garage
Garage spaces
3

Schools

District
Queen Creek Unified District
Elementary
Queen Creek Elementary School
Middle
Queen Creek Junior High School
High
Queen Creek High School

Utilities

Utilities
Septic Tank, City Water
Water
City Water
Sewer
Septic Tank
Green features
Multi-Zones

Financial

HOA
Yes
Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$9,092
Tax year
2025
Parcel
30491329

Location

Subdivision
PEGASUS AIRPARK UNIT 1
County
Maricopa
Neighborhood
Pegasus Airpark
Community
Maricopa, Maintenance Grounds, Street Maint, 326.36, Quarterly, Arizona Regional Multiple Listing Service 2, Queen Creek Unified District
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.

Location

Neighborhood
Pegasus Airpark
Subdivision
PEGASUS AIRPARK UNIT 1
School district
Queen Creek Unified District

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Listed by Ken Gould, Compass

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.