21553 E Pegasus Parkway, Queen Creek, AZ 85142

$2,900,000
4
BD
5
BA
4,329
SqFt

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List Price
$2,900,000
Status
ACTIVE
Days on Market
81
MLS#
7026094
Subtype
Residential
Style
Spanish
Year Built
2006
Bedrooms
4
Bathrooms
5
Full Baths
3
Half Baths
2
Living Area
4,329
Lot Size
53,341
Acres
1.22
Subdivision
Pegasus Airpark Unit 1
Neighborhood
Pegasus Air Park

Property 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.

Additional Information

Interior Features
Separate Shwr & Tub, Double Vanity, Eat-in Kitchen, Pantry, Kitchen Island, Walk-in Pantry, Granite Counters, High Speed Internet, Central Vacuum
Exterior Features
Private Yard, Other
Taxes
$9,092
HOA Fee
$326
HOA Freqency
Quarterly
Community Features
Pegasus Air Park
Property Description
Spanish
Flooring
Carpet, Tile
Heating
Natural Gas
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
Block, Wood Frame, Stucco
Stories
1
Pool
Yes
Parking Features
Over Height Garage, Extended Length Garage, Garage Door Opener, Attch'd Gar Cabinets, Hangar
Garage Spaces
3
Elementary School
Queen Creek Elementary School
Middle School
Queen Creek Junior High School
High School
Queen Creek High School
View
Mountain(s)

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