Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$3,500,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1.17 Acres
  • 10 Car Garage
  • Updated 1 day ago
See This Home
Save This Home
See This Home
Save This Home
Experience an extraordinary blend of luxury, craftsmanship, and aviation at one of Pegasus Airpark's most exceptional custom estates. Perfectly positioned on more than 1.16 acres with direct taxiway access and on-site fuel availability, this remarkable Rainey Homes custom build residence, completed in 2021, offers an unparalleled fly-in lifestyle within one of Arizona's most prestigious gated aviation communities. Designed for both elegant entertaining and effortless everyday living, this single-level estate spans 3,646 square feet and features four spacious bedrooms, four beautifully appointed bathrooms, a private executive office, an expansive game room, and separate guest quarters ideal for extended family or visitors. Every inch of the home showcases superior craftsmanship and ......timeless design. Stunning rift-sawn inset cabinetry, exquisite quartzite countertops, premium Monogram appliances, designer tile flooring, soaring ceilings, California Closets throughout, climate controlled 3-car garage, and a concealed walk-in pantry create a refined yet highly functional living experience. The expansive great room seamlessly connects to the chef's kitchen, creating an inviting atmosphere that embraces Arizona's indoor-outdoor lifestyle. A true centerpiece of the property is the impressive 50' x 60' fully insulated, climate-controlled aircraft hangar. Designed with versatility in mind, it features a 60-foot one-piece hydraulic aircraft door, an additional front RV door, durable epoxy flooring, spray foam insulation, direct rear taxiway access, and convenient on-site fuel access. Whether you're an aviation enthusiast, aircraft owner, automobile collector, RV owner, or passionate hobbyist, this extraordinary space offers endless possibilities rarely found in residential real estate. Step outside into your own private resort-inspired retreat. Enjoy a heated diving-depth pool and spa, built-in outdoor kitchen with BBQ, expansive covered patio, inviting fire feature, professionally designed desert landscaping, lush synthetic turf, and breathtaking mountain views that provide the perfect backdrop for year-round Arizona living. Located within the exclusive gated Pegasus Airpark in Queen Creek--one of Arizona's premier residential aviation communities--this exceptional estate offers far more than a luxury home. It presents a rare opportunity to embrace a lifestyle defined by freedom, sophistication, adventure, and the convenience of direct fly-in, fly-out access. This is luxury living without compromise.

Full Property Details for 21257 E Pegasus Pkwy

General

  • Price: $3,500,000
  • HOA FEE: $109/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $7,720 (2025)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7044856
  • Updated: 7/7/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Walk-in Pantry, Non-laminate Counter, High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Fire Pit, Gas
  • Appliances: Stacked Washer/Dryer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Inside, Gas Dryer Hookup, Wshr/Dry HookUp Only

Additional Information

  • Pool: Yes
  • Pool Description: Variable Speed Pump, Outdoor, Diving Pool, Fenced, Heated
  • Security/Safety: Security System Owned

Exterior

  • Exterior Features: Rain Gutters, Other, Private Street(s), Private Yard, Storage, Built-in Barbecue, RV Hookup

Parking

  • Garage: Yes
  • Garage Spaces: 10
  • Parking Features: Attached Garage, Detached Garage, RV Access/Parking, Gated, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Hangar, Over Height Garage, Rear Vehicle Entry, Separate Strge Area, Temp Controlled, Golf Cart Garage, RV Garage

Location

  • County: Maricopa
  • Township: 2S
  • Subdivision: PEGASUS AIRPARK UNIT 1
  • Cross Streets: Ellsworth & Empire

Community

  • Association: Yes
  • Assoc. Name: Pegasus Airpark
  • Assoc. Fees Include: Maintenance Grounds, Street Maint

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
  • Heating Type: Electric, Natural Gas

Utilities

  • Water: City Water

Structural Information

  • Architectural Style: Ranch,
  • Builder: Rainey Homes
  • Exterior Const.: Brick Veneer, Spray Foam Insulation, Stucco, Wood Frame, Painted, Brick
  • Roof: Tile
  • Windows: Screens, Low-Emissivity Windows, Dual Pane
  • Sq. Ft. Source: Assessor
  • Year Built: 2021

Manufactured Home

  • Mobile Home Type: See Remarks, Other
  • Model: Custom

Additional Structures

  • Other Structures: Workshop

Lot Features

  • Property View: Desert, Mountain(s)
  • Mountain views: Yes
  • Lot Size (Acres): 1.17
  • Lot Size (Sq. Ft.): 50,785
  • Lot Size Source: Assessor
  • Frontage: Asphalt
  • Lot Features: North/South Exposure, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Green Features

  • Energy Efficient: Multi-Zones
  • Water Conservation: Tankless Ht Wtr Heat

Financial Considerations

  • Association Fee: $326
  • Assoc Fee Freq.: Quarterly
  • Other Assoc Fees: $201
  • Tax Amount: $7,720
  • Tax Year: 2025
  • Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 16 PEGASUS AIRPARK UNIT 1 MCR 055603
  • Property ID: 304-91-305
  • Range: 7E
  • Section: 34
  • Lot Number: 16

Listed by HomeSmart Lifestyles

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 21257 E Pegasus Pkwy —

  • HomeSmart Lifestyles

  • HomeSmart Lifestyles

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 21257 E Pegasus Pkwy

School District:Queen Creek Unified District
NameGradesDistance
Schnepf Elementary School
26161 South 231st Street, Queen Creek, AZ 85142
PK-62.4 mi
Crismon High School
21942 East Riggs Road, Queen Creek, AZ 85142
7-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 21257 E Pegasus Pkwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/07/2026
Listed
$3,500,000
40%
MLS
11/29/2023
Sold
$2,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 21257 E Pegasus Pkwy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,720
—
$75,882
-59%
2025
$7,720
140%
$186,960
16%
2022
$3,212
—
$161,250
34%
2022
$3,212
—
$120,750
372%
2022
$3,212
40%
$25,590
-21%
2021
$2,301
3%
$32,250
12%
2020
$2,235
3%
$28,890
16%
2019
$2,174
4%
$24,870
23%
2018
$2,095
5%
$20,220
9%
2017
$1,995
1%
$18,480
-7%
2016
$1,974
15%
$19,935
14%
2015
$1,714
3%
$17,472
30%
2014
$1,662
-10%
$13,408
-1%
2013
$1,844
—
$13,520
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 21257 E Pegasus Pkwy

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by HomeSmart Lifestyles

Similar Properties near 21257 E Pegasus Pkwy

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

21211 E Pegasus Pkwy, Queen Creek, AZ 85142 - Photo 1
$3,225,000

21211 E Pegasus Pkwy  Queen Creek, AZ 85142

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 4
    Total Baths
19617 E Ocotillo Rd, Queen Creek, AZ 85142 - Photo 1
$3,650,000

19617 E Ocotillo Rd  Queen Creek, AZ 85142

  • Single Family
  • Active
  • 4
    Beds
  • 5
    Total Baths
24506 S 186th Pl, Queen Creek, AZ 85142 - Photo 1
$3,190,000
Open House

24506 S 186th Pl  Queen Creek, AZ 85142

  • Single Family
  • Active
  • Updated 13 days ago
  • 5
    Beds
  • 6
    Total Baths
4241 S Quinn Ave, Gilbert, AZ 85297 - Photo 1
$3,750,000

4241 S Quinn Ave  Gilbert, AZ 85297

  • Single Family
  • Active
  • 4
    Beds
  • 5
    Total Baths

Just Listed near 21257 E Pegasus Pkwy

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5882 E Sideoats Way, San Tan Valley, AZ 85144 - Photo 1 Just Listed
$349,990

5882 E Sideoats Way  San Tan Valley, AZ 85144

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
37149 N El Morro Trail, San Tan Valley, AZ 85140 - Photo 1 Just Listed
$475,000

37149 N El Morro Trail  San Tan Valley, AZ 85140

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 3
    Total Baths
828 W Leadwood Ave, San Tan Valley, AZ 85140 - Photo 1 Just Listed
$430,000

828 W Leadwood Ave  San Tan Valley, AZ 85140

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
1610 W San Tan Hills Dr, San Tan Valley, AZ 85144 - Photo 1 Just Listed
$405,000
Open House

1610 W San Tan Hills Dr  San Tan Valley, AZ 85144

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 3
    Total Baths

Price Reduced near 21257 E Pegasus Pkwy

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

29651 N Gary Rd, San Tan Valley, AZ 85143 - Photo 1 Price Reduced
-$9,000 (-2.59%)
$339,000

29651 N Gary Rd  #42  San Tan Valley, AZ 85143

  • Lots/Land
  • Active
  • Updated 5 days ago
  • 4.22
    Acres
1381 E Daniella Dr, San Tan Valley, AZ 85140 - Photo 1 Price Reduced
-$1,000 (-0.27%)
$363,000

1381 E Daniella Dr  San Tan Valley, AZ 85140

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
2569 E Vintage Dr, San Tan Valley, AZ 85143 - Photo 1 Price Reduced
-$10,000 (-2.17%)
$449,990

2569 E Vintage Dr  San Tan Valley, AZ 85143

  • Single Family
  • Active
  • Updated 12 hours ago
  • 4
    Beds
  • 3
    Total Baths
40113 N Alameda Dr, San Tan Valley, AZ 85140 - Photo 1 Price Reduced
-$6,000 (-1%)
$593,984

40113 N Alameda Dr  San Tan Valley, AZ 85140

  • Single Family
  • Active
  • Updated 6 days ago
  • 5
    Beds
  • 3
    Total Baths

Recent Sales near 21257 E Pegasus Pkwy

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

21258 E Orion Way, Queen Creek, AZ 85142 - Photo 1 Sold
$3,041,500

21258 E Orion Way  Queen Creek, AZ 85142

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
20470 E Sunset Ct, Queen Creek, AZ 85142 - Photo 1 Sold
$3,700,000

20470 E Sunset Ct  Queen Creek, AZ 85142

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
20521 E Pecan Ln, Queen Creek, AZ 85142 - Photo 1 Sold
$3,500,000

20521 E Pecan Ln  Queen Creek, AZ 85142

  • Single Family
  • Closed
  • 6
    Beds
  • 7
    Total Baths
21922 S 193rd Way, Queen Creek, AZ 85142 - Photo 1 Sold
$3,300,000

21922 S 193rd Way  Queen Creek, AZ 85142

  • Single Family
  • Closed
  • 5
    Beds
  • 6
    Total Baths

21257 E Pegasus Parkway, Queen Creek, AZ 85142 (MLS# 7044856) is a Single Family property with 4 bedrooms and 3 full bathrooms. 21257 E Pegasus Parkway is currently listed for $3,500,000 and was received on July 07, 2026. Want to learn more about 21257 E Pegasus Parkway? Do you have questions about finding other Single Family real estate for sale in Queen Creek? You can browse all Queen Creek real estate or contact a Coldwell Banker agent to request more information.

Tour this property