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$1,550,000
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Property Description
Set within the prestigious gates of Pegasus Airpark, where private aviation and refined equestrian living define one of Arizona's most exclusive lifestyle communities, this exceptional estate offers an uncompromising blend of sophistication, craftsmanship, and resort-inspired outdoor living. Spanning an expansive homesite with horse privileges, this meticulously curated five-bedroom, three-and-a-half-bath residence has been thoughtfully designed for those who appreciate both grand-scale entertaining and everyday luxury. Every finish has been intentionally selected, creating a home that is timeless, warm, and undeniably elegant. At the heart of the residence, the gourmet kitchen is a true showpiece, appointed with exquisite solid wood cabinetry, leathered granite countertops, professional grade appliances, and striking designer lighting. It opens effortlessly to the great room, where a custom-built entertaining bar creates the perfect setting for intimate gatherings or lavish celebrations. The backyard is a private resort unlike anything else in Pegasus. A generous covered patio overlooks lush, mature landscaping, an expansive putting course, and a custom-built sunken ramada featuring a swim-up bar--an architectural centerpiece designed to rival the finest luxury resorts. Every detail has been carefully considered to create an extraordinary outdoor experience that is equally suited for elegant entertaining or peaceful evenings beneath Arizona's spectacular sunsets. Privately situated, the owner's retreat is a sanctuary all its own. A spacious sitting room or executive office provides exceptional flexibility, while three separate walk-in closets--including a bonus dressing space with washer and dryer--and direct garage access elevate everyday living with uncommon convenience and thoughtful design. Pegasus is celebrated for its private airstrip, estate-sized homesites, equestrian amenities, and unmatched sense of space and privacy--offering a lifestyle found in only a select few communities throughout Arizona. This is more than an exceptional residence; it is an opportunity to own one of the Valley's most distinctive luxury lifestyle properties.
Full Property Details
Full Property Details for 21418 E Pegasus Pkwy
General
- Sold For: $1,550,000
- HOA FEE: $109/month
- HOA FEE FREQ.: Quarterly
- Taxes: $5,356 (2025)
- Status: Closed
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7049104
- Added to Site: 49 day(s) ago
Interior
- Interior Features: Walk-in Pantry, Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas
- Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Cooktop
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Gas Dryer Hookup, Wshr/Dry HookUp Only
Additional Information
- Pool: Yes
- Pool Description: Outdoor
Exterior
- Exterior Features: Other, Misting System, Private Yard, Built-in Barbecue
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Attached Garage, RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage
Location
- County: Maricopa
- Township: 2S
- Subdivision: PEGASUS AIRPARK UNIT 1
- Cross Streets: Ellsworth & Riggs
Community
- Association: Yes
- Assoc. Name: Pegasus Airpark HOA
- Assoc. Fees Include: Maintenance Grounds, Other (See Remarks)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Builder: Copper Hills Homes
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Sq. Ft. Source: Assessor
- Year Built: 2016
Additional Structures
- Other Structures: Gazebo
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,774
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
- Fencing (Description): Block
Horse Property
- Horse Property: Yes
Financial Considerations
- Association Fee: $326
- Assoc Fee Freq.: Quarterly
- Tax Amount: $5,356
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 9 PEGASUS AIRPARK UNIT 1 MCR 055603
- Property ID: 304-91-298
- Range: 7E
- Section: 34
- Lot Number: 9
Listed by Jason Mitchell Real Estate
Sold by Simply Real Estate
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Schools
Schools serving 21418 E Pegasus Pkwy
School District:Queen Creek Unified District
| Name | Grades | Distance |
|---|---|---|
Schnepf Elementary School 26161 South 231st Street, Queen Creek, AZ 85142 | PK-6 | 2.2 mi |
Crismon High School 21942 East Riggs Road, Queen Creek, AZ 85142 | 7-12 | 1.2 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 21418 E Pegasus Pkwy
Date
Details
Price
Change
Source
7/27/2026
Sold
$1,550,000
—
MLS
7/02/2026
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
21418 E Pegasus Parkway, Queen Creek, AZ 85142 (MLS# 7049104) is a Single Family property that was sold at $1,550,000 on July 27, 2026. Want to learn more about 21418 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.

