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$1,495,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 4 Full Baths
  • 0.46 Acres
  • 2 Car Garage
  • Updated 1 day ago

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Open House: 10:00 AM - 3:00 PM

Saturday 10/31 10:00 AM - 3:00 PM

1948 E Pegasus Drive,Tempe, AZ 85283

1948 E Pegasus DriveTempeAZ85283

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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.

Full Property Details for 1948 E Pegasus Dr

General

  • Price: $1,495,000
  • Taxes: $3,042 (2025)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7097074
  • Updated: 10/30/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Quartz Countertops, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Insert
  • Appliances: Refrigerator, Dishwasher, Disposal, Electric Range, Electric Cooktop
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: In Garage, Wshr/Dry HookUp Only

Additional Information

  • Pool: Yes
  • Pool Description: Variable Speed Pump, Play Pool

Exterior

  • Exterior Features: Private Pickleball Court(s), Sport Court(s), RV Hookup

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage, RV Access/Parking, Gated, RV Gated, Garage Door Opener, Rear Vehicle Entry, Side Vehicle Entry, Electric Vehicle Charging Station(s)

Location

  • County: Maricopa
  • Township: 1S
  • Subdivision: CONTINENTAL EAST UNIT 6
  • Cross Streets: Guadalupe and Country Club

Community

  • Assoc. Fees Include: No Fees

Heating & Cooling

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

Utilities

  • Water: Public

Structural Information

  • Builder: Suggs
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Windows: Screens, Dual Pane
  • Year Built: 1973

Additional Structures

  • Other Structures: Guest House

Lot Features

  • Lot Size (Acres): 0.46
  • Lot Size (Sq. Ft.): 19,990
  • Lot Size Source: Assessor
  • Frontage: Asphalt
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Alley, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back

Financial Considerations

  • Tax Amount: $3,042
  • Tax Year: 2025
  • Terms: VA Loan, Cash, Conventional, FHA

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: LOT 1255 CONTINENTAL EAST UNIT 6 MCR 014902
  • Property ID: 301-01-454
  • Range: 4E
  • Section: 1
  • Lot Number: 1255

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— 1948 E Pegasus Dr —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1948 E Pegasus Dr

School Districts:Tempe School District, Tempe Union High School District
NameGradesDistance
Fuller Elementary School
1975 East Cornell Drive, Tempe, AZ 85283
K-50.6 mi
Fees College Preparatory Middle School
1600 East Watson Drive, Tempe, AZ 85283
6-80.7 mi
Marcos De Niza High School
6000 South Lakeshore Drive, Tempe, AZ 85283
9-121.1 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 1948 E Pegasus Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2026
Listed
$1,495,000
211.46%
MLS
1/07/2026
Sold
$480,000
—
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 1948 E Pegasus Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,042
—
$29,180
-42%
2025
$3,042
14%
$50,680
-2%
2022
$2,666
—
$51,820
12%
2022
$2,666
—
$46,470
35%
2022
$2,666
-2%
$34,460
9%
2021
$2,718
3%
$31,760
8%
2020
$2,628
2%
$29,520
7%
2019
$2,577
3%
$27,630
8%
2018
$2,508
3%
$25,520
6%
2017
$2,430
—
$24,100
2%
2016
$2,418
3%
$23,550
12%
2015
$2,339
2%
$21,050
21%
2014
$2,296
10%
$17,420
12%
2013
$2,091
—
$15,510
—
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.

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1948 E Pegasus Drive, Tempe, AZ 85283 (MLS# 7097074) is a Single Family property with 6 bedrooms and 4 full bathrooms. 1948 E Pegasus Drive is currently listed for $1,495,000 and was received on October 30, 2026. Want to learn more about 1948 E Pegasus Drive? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

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