# 1948 E PEGASUS Drive, Tempe, AZ 85283 > **TL;DR:** 6bd/4ba single family, $1,495,000 ($506/sqft), built 1973, 2,953 sqft. > Pool, Fireplace, A/C, RV Parking. Est. $7,996/mo. Listed 11 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,495,000 | | Price/sqft | $506 | | Bedrooms | 6 | | Bathrooms | 4 full | | Square Feet | 2,953 | | Year Built | 1973 | | Lot Size | 20,038 sqft (0.46 acres) | | Stories | 1 | | Garage | 2-car | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 11 | ## Why This Home Stands Out - **Pool** - Patio ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,560 | | Estimated Insurance | $436 | | **Total** | **$7,996** | ## Nearby Schools - **Elementary:** Fuller Elementary School - **Middle:** Fees College Preparatory Middle School - **High:** Marcos De Niza High School ## Key Amenities - Pool - Fireplace - A/C - RV Parking - 2-car garage ## Property Highlights - Built in 1973 - 0.46 acre lot - Private pool - Fireplace ## Description ### Agent Description 1948 E. PEGASUS DRIVE | TEMPE Some homes have a backyard. Pegasus has a private resort. Set on a nearly half-acre, no-HOA lot, this remarkable property pairs a beautifully remodeled 4-bedroom, 2-bath main home with a fully permitted detached 2-bedroom, 2-bath casita--complete with its own address, electric meter, private entrance and parking. Then step outside: a brand-new pool, two putting greens, a fire-pit gathering area, RV parking with full hookups, and a private lighted combination basketball and pickleball court. It's a setting made for everyday enjoyment, unforgettable weekends and room for everyone. Approximately 3,000 square feet of combined living space. Two separate residences. A backyard built for play, relaxation and entertaining. ## Location - **Address:** 1948 E PEGASUS Drive, Tempe, AZ 85283 - **County:** Maricopa - **Neighborhood:** CONTINENTAL EAST UNIT 6 - **Coordinates:** 33.364846, -111.904453 - **Google Maps:** https://www.google.com/maps?q=33.364846,-111.904453 ## Listing Agent - **Name:** Joseph Lee Fraser - **Brokerage:** HomeSmart - **Broker Phone:** (602) 230-7600 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1948-E-Pegasus-Dr_Tempe_AZ_85283_M19587-22536?f=listhub&s=ARMLSAZ&m=7097074&c=propsimple) ## Photos ![1948 E PEGASUS Drive - Photo 1](http://lh.rdcpix.com/fe3e99060f1ff8ff900fb1a6df61a529l-f2339228131r.jpg) ![1948 E PEGASUS Drive - Photo 2](http://lh.rdcpix.com/fe3e99060f1ff8ff900fb1a6df61a529l-f3966322724r.jpg) ![1948 E PEGASUS Drive - Photo 3](http://lh.rdcpix.com/fe3e99060f1ff8ff900fb1a6df61a529l-f2548084158r.jpg) ![1948 E PEGASUS Drive - Photo 4](http://lh.rdcpix.com/fe3e99060f1ff8ff900fb1a6df61a529l-f1211119496r.jpg) ![1948 E PEGASUS Drive - 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Photo 125](http://lh.rdcpix.com/fe3e99060f1ff8ff900fb1a6df61a529l-f2217902203r.jpg) --- **MLS#:** 7097074 | **Updated:** 2026-10-31 **Source:** listhub *Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1948-e-pegasus-drive-tempe-az-85283-14166fa1944046728f2071ef215cd815) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1948-e-pegasus-drive-tempe-az-85283-14166fa1944046728f2071ef215cd815#listing", "url": "https://www.propertysimple.ai/listing/1948-e-pegasus-drive-tempe-az-85283-14166fa1944046728f2071ef215cd815", "name": "1948 E PEGASUS Drive, Tempe, AZ 85283", "description": "1948 E. PEGASUS DRIVE | TEMPE Some homes have a backyard. Pegasus has a private resort. Set on a nearly half-acre, no-HOA lot, this remarkable property pairs a beautifully remodeled 4-bedroom, 2-bath main home with a fully permitted detached 2-bedroom, 2-bath casita--complete with its own address, electric meter, private entrance and parking. Then step outside: a brand-new pool, two putting greens, a fire-pit gathering area, RV parking with full hookups, and a private lighted combination basketball and pickleball court. It's a setting made for everyday enjoyment, unforgettable weekends and room for everyone. Approximately 3,000 square feet of combined living space. Two separate residences. 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