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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,900,000

Est. payment - /mo

4 Beds

4 Baths

4,329 SqFt

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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 2

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

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.

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, Tile

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 N

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

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Listed by Compass • Ken Gould

NEARBY SCHOOL & BUSINESS

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21553 E PEGASUS Parkway Queen Creek, AZ 85142