4 Beds
3.5 Baths
4,329 SqFt
4 Beds
3.5 Baths
4,329 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,329 sqft
Price per Sqft $669
Subdivision Pegasus Airpark Unit 1
MLS Listing ID 7026094
Style Spanish
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Fees $526/qua
HOA Y/N Yes
Year Built 2006
Annual Tax Amount $9,092
Tax Year 2025
Lot Size 1.225 Acres
Acres 1.22
Property Sub-Type Single Family Residence
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
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.
Location
State AZ
County Maricopa
Community Pegasus Airpark Unit 1
Area Maricopa
Direction 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.
Rooms
Other Rooms Guest Qtrs-Sep Entrn, Separate Workshop, Great Room, Family Room
Basement Finished, Full
Guest Accommodations 2980.0
Master Bathroom Double Sink
Master Bedroom Split
Den/Bedroom Plus 5
Separate Den/Office Y
Interior
Interior Features Walk-in Pantry, High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Central Vacuum, Kitchen Island, Pantry, Separate Shwr & Tub
Heating Natural Gas
Cooling Central Air, Ceiling Fan(s)
Flooring Carpet, Wood
Fireplaces Type Family Room, Living Room, Gas
Fireplace Yes
Window Features Dual Pane,Wood Frames
Appliance Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop, Water Purifier
SPA Heated,Private
Laundry Inside, Gas Dryer Hookup
Exterior
Exterior Feature Other, Private Yard, Separate Guest House
Parking Features Garage Door Opener, Extended Length Garage, Attch'd Gar Cabinets, Hangar, Over Height Garage
Garage Spaces 3.0
Garage Description 3.0
Fence Block, Wrought Iron
Pool Diving Pool, Heated
Community Features Gated, Runway Access
Utilities Available SRP
View Mountain(s)
Roof Type Tile,Built-Up
Porch Covered Patio(s)
Total Parking Spaces 3
Private Pool Yes
Building
Lot Description North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front, Grass Back
Story 1
Builder Name Alden Custom Home
Sewer Septic Tank
Water City Water
Architectural Style Spanish
Structure Type Other,Private Yard, Separate Guest House
New Construction No
Schools
Elementary Schools Queen Creek Elementary School
Middle Schools Queen Creek Junior High School
High Schools Queen Creek High School
School District Queen Creek Unified District
Others
HOA Name Pegasus Airpark
HOA Fee Include Maintenance Grounds,Street Maint
Senior Community No
Tax ID 304-91-329
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Horse Property Y
Disclosures Other (See Remarks), Seller Discl Avail, Vicinity of an Airport
Possession Close Of Escrow
Listing Terms Cash, Conventional
Virtual Tour https://www.zillow.com/view-imx/66c9ebdb-7de0-40fd-ba74-0de816a8b8b2?initialViewType=pano&utm_source=dashboard
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
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