21553 E PEGASUS Parkway, Queen Creek, AZ 85142
Overview
Description
Supplements: ... (Read more) 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.
Listing Details MLS# 7026094
Location, Tax & Legal
- House Number
- 21553
- Compass
- E
- Street Name
- PEGASUS
- St Suffix
- Parkway
- City/Town Code
- Queen Creek
- State/Province
- AZ
- Zip Code
- 85142
- Zip4
- 7963
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 304-91-329
- Subdivision
- PEGASUS AIRPARK UNIT 1
- Tax Year
- 2025
Contract Information
- Type
- Exclusive Right To Sell
- Ownership
- Fee Simple
- Co-Ownership (Fractional) Agreement YN
- No
General Property Description
- Dwelling Type
- Single Family Residence
- Dwelling Styles
- Detached
- Exterior Stories
- Yes
- # of Interior Levels
- Yes
- # Bedrooms
- 4
- Full Bathrooms
- 3
- Half Bathrooms
- 2
- Total Bathrooms
- 5
- Approx SQFT
- 4329
- Price/SqFt
- 669.9
- Guest House SqFt
- 2980
- Horses
- N
- Builder Name
- Alden Custom Home
- Year Built
- 2006
- Approx Lot SqFt
- 53341
- Approx Lot Acres
- 1.225
- Flood Zone
- No
- Community Pool Y/N
- No
- Private Pool Y/N
- Yes
- Fireplace YN
- Yes
- Fireplaces Total
- 2
- Planned Comm Name
- Pegasus Air Park
- Marketing Name
- Pegasus Air Park
- Elementary School District
- Queen Creek Unified District
- High School District
- Queen Creek Unified District
- Elementary School
- Queen Creek Elementary School
- Jr. High School
- Queen Creek Junior High School
- High School
- Queen Creek High School
Remarks Misc
- Cross Street
- Ellsworth and Empire
- Directions
- 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.
Legal Info
- Township
- 2S
- Range
- 7E
- Section
- 34
- Lot Number
- 40
Association Fees
- Association Fee 2
- 200.5
More Information
Basement
- Basement Y/N
- Y
Items Updated
- Plmbg Yr Updated
- 2025
- Plmbg Partial/Full
- Partial
- Ht/Cool Yr Updated
- 2022
- Ht/Cool Partial/Full
- Full
- Roof Yr Updated
- 2022
- Roof Partial/Full
- Partial
- Kitchen Yr Updated
- 2026
- Kitchen Partial/Full
- Full
- Bath(s) Yr Updated
- 2026
- Bath(s) Partial/Full
- Full
- Pool Yr Updated
- 2025
- Pool Partial/Full
- Full
Parking Spaces
- Garage Spaces
- 3
- Slab Parking Spaces
- 4
- Total Covered Spaces
- 3
Showing Notification Methods
- Showing Service
- Aligned Showings
DPR Eligible
- DPR Eligible
- No
Property Features
Documents

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