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About This Home
This 4-bedroom, 4-bathroom single family at 21553 E PEGASUS Parkway in Queen Creek, AZ is listed for $2,900,000 ($670 per sqft). Built in 2006, the home offers 4,329 sqft of living space on a 1.22 acres lot.
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 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 lan
dscape 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.
Key Features
- Built in 2006
- 1.22 acre lot
- Private pool
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$15,836/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
21553 E PEGASUS Parkway
Queen Creek, AZ 85142
PEGASUS AIRPARK UNIT 1
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom single family at 21553 E PEGASUS Parkway is listed at $2,900,000 ($670/sqft). The estimated monthly payment is $12,893 based on 20% down at 6.5% interest.
HOA fees are $326/month.
Key features include: Built in 2006, 1.22 acre lot, Private pool, Fireplace. Interior Features: Walk-in Pantry, High Speed Internet, Granite Counters. Exterior Features: Private Yard.
This property is listed by Ken Gould and can be reached at 4802502978 or azkgould@gmail.com.






