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21553 E PEGASUS Parkway, Queen Creek, AZ 85142 (MLS# 7026094)

21553 E PEGASUS Parkway, Queen Creek, AZ 85142

New Listing
$2,900,000
Front Elevation

Virtual Tour

https://www.zillow.com/view-imx/66c9ebdb-7de0-40fd-ba74-0de816a8b8b2?initialViewType=pano&utm_source=dashboard
Entry Courtyard Living Area Dining Area Main Corridor Dining & Living Space Butler's Panty Hallway Remodeled Chef's Kitchen Quart Island & Counters Kitchen with Backyard Views Casual Dining Area Family Room Family Room Powder Room Primary Suite Entry Primary Suite Primary Bath Entry Primary Bathroom Primary Bathroom Hall Walk-In Closet Den - Flex Room Wak-In Safe Guest Suite Guest Bathroom Guest Bathroom Laundry Room Staircase Basement Living Area Basement Guest Bedroom Basement Bathroom Basement Guest Bedroom 3 Car Climate Controlled Garage Hangar Entry Hangar Entry Corridor Hangar Kitchenette Interior Corridor Hangar Office Hangar Office 68.4' X 42.4" dimensions 42' X 14' roll-up hangar door Aircraft Hangar Hangar Yard Access Aircraft Hangar 14 x 10 side hangar roll up door Back Yard Pool Hangar Fir Pit Patio new pool Resort-Style Pool & Spa Resort Backyard at Sunset Outdoor Entertaining Patio Resort-Style Covered Patio Twilight Street View Twilight Aerial Estate View Twilight Poolside Retreat Aerial Community & Mountain Views Estate Aerial View Direct Taxiway Access Full Property & Hangar Aerial Twilight Estate & Hangar View Twilight Fron Elevation & Hangar
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,329 Lot Size (sq. ft.): 53,341 Status: Active
Current Price: $2,900,000 List Date: 5/29/2026 Last Modified: 5/29/2026

Overview

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

Supplements: 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 ... (Read more) 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.

Listing Details MLS# 7026094

Location, Tax & Legal

House Number
21553
Compass
E
Street Name
PEGASUS
St Suffix
Parkway
City/Town Code
Queen Creek
State/Province
AZ
Zip Code
85142
Zip4
7963
Country
US
County Code
Maricopa
Assessor Number
304-91-329
Subdivision
PEGASUS AIRPARK UNIT 1
Tax Year
2025
Assessor's Map #
91
Legal Description (Abbrev)
LOT 40 PEGASUS AIRPARK UNIT 1 MCR 055603
Assessor's Parcel #
329
Tax Municipality
Maricopa - COUNTY
Taxes
9092

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
4
Full Bathrooms
3
Half Bathrooms
Yes
Total Bathrooms
4
Approx SQFT
4329
Price/SqFt
669.9
Guest House SqFt
2980
Horses
Y
Builder Name
Alden Custom Home
Year Built
2006
Approx Lot SqFt
53341
Approx Lot Acres
1.225
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
Yes
Fireplace YN
Yes
Fireplaces Total
2
Planned Comm Name
Pegasus Air Park
Marketing Name
Pegasus Air Park
Elementary School District
Queen Creek Unified District
High School District
Queen Creek Unified District
Elementary School
Queen Creek Elementary School
Jr. High School
Queen Creek Junior High School
High School
Queen Creek High School

Remarks Misc

Cross Street
Ellsworth and Empire
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.

Legal Info

Township
2S
Range
7E
Section
34
Lot Number
40

Association Fees

Association Fee 2
200.5

More Information

Basement

Basement Y/N
Y

Items Updated

Plmbg Yr Updated
2025
Plmbg Partial/Full
Partial
Ht/Cool Yr Updated
2022
Ht/Cool Partial/Full
Full
Roof Yr Updated
2022
Roof Partial/Full
Partial
Kitchen Yr Updated
2026
Kitchen Partial/Full
Full
Bath(s) Yr Updated
2026
Bath(s) Partial/Full
Full
Pool Yr Updated
2025
Pool Partial/Full
Full

Parking Spaces

Garage Spaces
3
Slab Parking Spaces
4
Total Covered Spaces
3

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

Special Listing Cond

N/A
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Built-Up
Yes
Tile
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
No
HOA Transfer Fee
200
HOA Fee
326
HOA Paid Frequency
Quarterly
HOA Name
Pegasus Airpark
HOA Telephone
480.422.0888
HOA Management Company
Trestle
HOA Management Phone
480.422.0888
Special Assessment HOA
No
HOA 2 Y/N
Y
HOA 2 Transfer Fee
200
HOA Paid Frequency 2
Quarterly
HOA 2 Name
Pegasus Flight Assoc
HOA 2 Telephone
480.967.7182
HOA Management Company 2
Metro Property
HOA Management Phone 2
480.967.7182
Special Assessment HOA 2
No
HOA 3 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
$
Cap Improvement/Impact Fee 2
0
Cap Improvement/Impact Fee 2 $/%
$
Prepaid Association Fees HOA
326
Prepaid Association Fees HOA 2
200
Disclosure Fees HOA
250
Disclosure Fees HOA 2
250
Other Fees HOA
75
Other Fees Description
Escrow Demand
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Rec Center Fee 2 Y/N
N
Ttl Mthly Fee Equiv
175.5

Lockbox Type

Supra
Yes

Architecture

Spanish
Yes

Master Bathroom

Separate Shwr & Tub
Yes
Double Vanity
Yes
Private Toilet Room
Yes

Master Bedroom

Split
Yes

Additional Bedroom

Other Bedroom Split
Yes
Other Bedroom Downstairs
Yes
Master Bedroom Walk-in Closet
Yes

Fireplace Features

Fireplace Family Rm
Yes
Fireplace Living Rm
Yes
Gas Fireplace
Yes

Flooring

Carpet
Yes
Wood
Yes

Window Features

Dual Pane
Yes
Wood Frames
Yes

Private Pool Features

Diving Pool
Yes
Heated
Yes

Community Features

Gated
Yes
Runway Access
Yes

Dining Area

Formal
Yes
Eat-in Kitchen
Yes
Dining in LR/GR
Yes
Dining in FR
Yes

Heating

Natural Gas
Yes

View

Mountain(s)
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Kitchen Island
Yes
Built-in Microwave
Yes
Multiple Ovens
Yes
Pantry
Yes
Refrigerator
Yes
Reverse Osmosis
Yes
Walk-in Pantry
Yes
Gas Cooktop
Yes
Granite Counters
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Interior Features

Central Vacuum
Yes
Fire Sprinkler System
Yes
Water Softener Owned
Yes
Water Purifier
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes
Gas Dryer Hookup
Yes
Inside
Yes

Other Rooms

Family Room
Yes
Great Room
Yes
Guest Qtrs-Sep Entrn
Yes
Separate Workshop
Yes

Basement Description

Finished
Yes
Full
Yes

Separate Den/Office

Sep Den/Office Y/N
Y

Road Responsibility

Private Maintained Road
Yes

Technology

Pre-Wire Srnd Snd
Yes
Cable TV Avail
Yes
High Speed Internet
Yes
Ntwrk Wrng Multi Rms
Yes

Fencing

Block
Yes
Wrought Iron
Yes

Water Source

City Water
Yes

Exterior Features

Separate Guest House
Yes
Covered Patio(s)
Yes
Pvt Yrd(s)/Crtyrd(s)
Yes
Other
Yes

Spa

Private
Yes
Heated
Yes

Sewer

Septic Tank
Yes

Parking Features

Attch'd Gar Cabinets
Yes
Over Height Garage
Yes
Extended Length Garage
Yes
Garage Door Opener
Yes
Hangar
Yes

New Financing

Cash
Yes
Conventional
Yes

Energy/Green Feature

Multi-Zones
Yes

Plumbing

Gas Hot Water Heater
Yes

Utilities

SRP
Yes
SW Gas
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

North/South Exposure
Yes

Landscaping

Desert Front
Yes
Desert Back
Yes
Grass Front
Yes
Grass Back
Yes
Yrd Wtring Sys Front
Yes
Yrd Wtring Sys Back
Yes

Services

City Services
Yes

Disclosures

Seller Discl Avail
Yes
Vicinity of an Airport
Yes
Other (See Remarks)
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Common Area Maint
Yes
Street Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Prof Managed
Yes

Property Features

Special Listing Cond: N/A Architecture: Spanish View: Mountain(s) Master Bathroom: Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs; Master Bedroom Walk-in Closet Fireplace Features: Fireplace Family Rm; Fireplace Living Rm; Gas Fireplace Flooring: Carpet; Wood Window Features: Dual Pane; Wood Frames Private Pool Features: Diving Pool; Heated Spa: Private; Heated Community Features: Gated; Runway Access Dining Area: Formal; Eat-in Kitchen; Dining in LR/GR; Dining in FR Kitchen Features: Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Multiple Ovens; Pantry; Walk-in Pantry; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; Gas Dryer Hookup; Inside Basement Description: Finished; Full Other Rooms: Family Room; Great Room; Guest Qtrs-Sep Entrn; Separate Workshop Interior Features: Central Vacuum; Fire Sprinkler System; Water Softener Owned; Water Purifier Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms Exterior Features: Covered Patio(s); Pvt Yrd(s)/Crtyrd(s); Separate Guest House; Other Parking Features: Attch'd Gar Cabinets; Extended Length Garage; Garage Door Opener; Hangar; Over Height Garage Road Responsibility: Private Maintained Road Construction: Block; Wood Frame Const - Finish: Stucco Roofing: Built-Up; Tile Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Plumbing: Gas Hot Water Heater Utilities: SRP; SW Gas Water Source: City Water Sewer: Septic Tank Services: City Services Fencing: Wrought Iron; Block Property Description: North/South Exposure Landscaping: Desert Front; Desert Back; Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Vicinity of an Airport; Other (See Remarks)

Documents

View Document Airpark Info ›
IDX
Listing Office: Compass
Last Updated: May - 29 - 2026
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