21257 E PEGASUS Parkway, Queen Creek, AZ 85142

New Listing
$3,500,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,646 Lot Size (sq. ft.): 50,785 Status: Active
Current Price: $3,500,000 List Date: 7/07/2026 Last Modified: 7/08/2026

Overview

Description

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

Supplements: ......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 seamlessl ...

Listing Details MLS# 7044856

Location, Tax & Legal

House Number
21257
Compass
E
Street Name
PEGASUS
St Suffix
Parkway
City/Town Code
Queen Creek
State/Province
AZ
Zip Code
85142
Zip4
6121
Country
US
County Code
Maricopa
Assessor Number
304-91-305
Subdivision
PEGASUS AIRPARK UNIT 1
Tax Year
2025
Assessor's Map #
91
Legal Description (Abbrev)
LOT 16 PEGASUS AIRPARK UNIT 1 MCR 055603
Assessor's Parcel #
305
Tax Municipality
Queen Creek
Taxes
7720

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
Yes
Total Bathrooms
4
Approx SQFT
3646
Price/SqFt
959.96
Horses
N
Model
Custom
Builder Name
Rainey Homes
Year Built
2021
Approx Lot SqFt
50785
Approx Lot Acres
1.166
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
Yes
Fireplace YN
Yes
Fireplaces Total
Yes
Planned Comm Name
Pegasus Airpark
Marketing Name
Pegasus Airpark
Elementary School District
Queen Creek Unified District
High School District
Queen Creek Unified District
Elementary School
Schnepf Elementary School
Jr. High School
Crismon High School
High School
Crismon High School

Remarks Misc

Cross Street
Ellsworth & Empire
Directions
South on Ellsworth, Left on E Pegasus Pkwy, follow down to gate, Left on S Achilles Way once through gate, S Achilles Way turns into E Pegasus Pkwy, Home is 3rd home on the Right.

Legal Info

Township
2S
Range
7E
Section
34
Lot Number
16

Association Fees

Association Fee 2
200.5

More Information

Basement

Basement Y/N
N

Items Updated

Bath(s) Yr Updated
2023
Bath(s) Partial/Full
Partial

Parking Spaces

Garage Spaces
10
Slab Parking Spaces
10
Total Covered Spaces
10

Showing Notification Methods

Showing Service
Aligned Showings

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes
Brick
Yes
Spray Foam Insulation
Yes

Const - Finish

Painted
Yes
Stucco
Yes
Brick Veneer
Yes

Roofing

Tile
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
200
HOA Fee
326
HOA Paid Frequency
Quarterly
HOA Name
Pegasus Airpark
HOA Telephone
480-422-0888
Special Assessment HOA
No
HOA 2 Y/N
Y
HOA 2 Transfer Fee
200
HOA Paid Frequency 2
Quarterly
HOA 2 Name
Pegasus Flight Assoc
HOA 2 Telephone
480-967-7182
Special Assessment HOA 2
No
HOA 3 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
$
Cap Improvement/Impact Fee 2
0
Cap Improvement/Impact Fee 2 $/%
$
Prepaid Association Fees HOA
326
Prepaid Association Fees HOA 2
200
Disclosure Fees HOA
250
Disclosure Fees HOA 2
250
Other Fees HOA
75
Other Fees Description
Escrow Demand Fee
Com Facilities Distr
N
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Rec Center Fee 2 Y/N
N
Ttl Mthly Fee Equiv
175.5

Lockbox Type

See Private Remarks
Yes
None
Yes

Architecture

Ranch
Yes

Master Bathroom

Full Bth Master Bdrm
Yes
Separate Shwr & Tub
Yes
Double Vanity
Yes
Private Toilet Room
Yes

Master Bedroom

Split
Yes

Additional Bedroom

Separate Bedroom Exit
Yes
Master Bedroom Walk-in Closet
Yes

Add'l Property Use

See Remarks
Yes

Fireplace Features

Gas Fireplace
Yes
Fire Pit
Yes

Flooring

Tile
Yes

Window Features

Screens
Yes
Dual Pane
Yes
Low-Emissivity Windows
Yes

Private Pool Features

Outdoor
Yes
Fenced
Yes
Diving Pool
Yes
Heated
Yes
Variable Speed Pump
Yes

Community Features

Biking/Walking Path
Yes
Gated
Yes
Horse Facility
Yes
Runway Access
Yes

Dining Area

Formal
Yes
Breakfast Bar
Yes
Dining in LR/GR
Yes

Heating

Electric
Yes
Natural Gas
Yes

View

Desert
Yes
Mountain(s)
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Gas Oven
Yes
Gas Range
Yes
Kitchen Island
Yes
Built-in Microwave
Yes
Multiple Ovens
Yes
Non-laminate Counter
Yes
Pantry
Yes
Refrigerator
Yes
Reverse Osmosis
Yes
Walk-in Pantry
Yes

Cooling

Ceiling Fan(s)
Yes
Programmable Thmstat
Yes
Central Air
Yes

Interior Features

Vaulted Ceiling(s)
Yes
9+ Flat Ceilings
Yes
No Interior Steps
Yes
Water Softener Owned
Yes

Laundry

Stacked Washer/Dryer
Yes
Washer Hookup
Yes
Gas Dryer Hookup
Yes
220 V Dryer Hookup
Yes
Inside
Yes

Other Rooms

Family Room
Yes
Great Room
Yes
Bonus/Game Room
Yes
Guest Qtrs-Sep Entrn
Yes
Separate Workshop
Yes

Separate Den/Office

Sep Den/Office Y/N
Y

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Accessibility Feat.

Zero-Grade Entry
Yes
Hallways 36in+ Wide
Yes
Bath Roll-In Shower
Yes

Road Responsibility

City Maintained Road
Yes
Private Maintained Road
Yes

Technology

High Speed Internet
Yes
Ntwrk Wrng Multi Rms
Yes
Security System Owned
Yes

Fencing

Block
Yes
Wrought Iron
Yes

Water Source

City Water
Yes

Exterior Features

Built-in BBQ
Yes
Covered Patio(s)
Yes
Patio
Yes
RV Hookup
Yes
Storage
Yes
Private Street(s)
Yes
Pvt Yrd(s)/Crtyrd(s)
Yes
Rain Gutters
Yes
Other
Yes

Spa

Private
Yes
Heated
Yes

Manufactured Home Features

Other
Yes
See Remarks
Yes

Sewer

Septic Tank
Yes

Parking Features

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

Irrigation

Sprinkler
Yes

Foundation Details

Slab
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes
1031 Exchange
Yes

Energy/Green Feature

Multi-Zones
Yes

Plumbing

Tankless Ht Wtr Heat
Yes
Gas Hot Wtr – Tnklss
Yes

Utilities

SRP
Yes
SW Gas
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

North/South Exposure
Yes

Landscaping

Desert Front
Yes
Desert Back
Yes
Synthetic Grass Back
Yes
Auto Timer H2O Front
Yes
Auto Timer H2O Back
Yes

Services

City Services
Yes

Unit Style

All on One Level
Yes

Other Structures

Workshop
Yes

Disclosures

Seller Discl Avail
Yes
Agency Discl Req
Yes
Vicinity of an Airport
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Common Area Maint
Yes
Street Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Rental OK (See Rmks)
Yes

Property Features

Special Listing Cond: N/A Add'l Property Use: See Remarks Architecture: Ranch View: Desert; Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace Features: Gas Fireplace; Fire Pit Flooring: Tile Window Features: Screens; Dual Pane; Low-Emissivity Windows Private Pool Features: Outdoor; Fenced; Diving Pool; Heated; Variable Speed Pump Spa: Private; Heated Community Features: Biking/Walking Path; Gated; Horse Facility; Runway Access Dining Area: Formal; Breakfast Bar; Dining in LR/GR Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Reverse Osmosis; Multiple Ovens; Pantry; Walk-in Pantry; Non-laminate Counter; Kitchen Island Laundry: Stacked Washer/Dryer; Washer Hookup; Gas Dryer Hookup; 220 V Dryer Hookup; Inside Foundation Details: Slab Other Rooms: Family Room; Great Room; Bonus/Game Room; Guest Qtrs-Sep Entrn; Separate Workshop Interior Features: Vaulted Ceiling(s); 9+ Flat Ceilings; No Interior Steps; Water Softener Owned Technology: High Speed Internet; Ntwrk Wrng Multi Rms; Security System Owned Exterior Features: Built-in BBQ; Covered Patio(s); Patio; Private Street(s); Pvt Yrd(s)/Crtyrd(s); Rain Gutters; RV Hookup; Storage; Other Other Structures: Workshop Manufactured Home Features: Other; See Remarks Parking Features: Detached Garage; Attached Garage; Attch'd Gar Cabinets; Direct Access; Extended Length Garage; Garage Door Opener; Gated; Golf Cart Garage; Hangar; Over Height Garage; Rear Vehicle Entry; RV Access/Parking; RV Garage; RV Gate; Separate Strge Area; Temp Controlled Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road; Private Maintained Road Construction: Wood Frame; Brick; Spray Foam Insulation Const - Finish: Painted; Stucco; Brick Veneer Roofing: Tile Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Electric; Natural Gas Plumbing: Tankless Ht Wtr Heat; Gas Hot Wtr – Tnklss Utilities: SRP; SW Gas Water Source: City Water Irrigation: Sprinkler Sewer: Septic Tank Services: City Services Fencing: Wrought Iron; Block Property Description: North/South Exposure Landscaping: Desert Front; Desert Back; Synthetic Grass Back; Auto Timer H2O Front; Auto Timer H2O Back Lockbox Type: See Private Remarks; None Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail; Agency Discl Req; Vicinity of an Airport
IDX
Listing Office: HomeSmart Lifestyles
Last Updated: July - 08 - 2026
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