21257 E PEGASUS Parkway, Queen Creek, AZ 85142

$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

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 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.

More Information MLS# 7044856

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $3,500,000 Status: Active Current Price: $3,500,000 List Date: 2026-06-21

Location, Tax & Legal

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 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

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 3 Half Bathrooms: 1 Approx SQFT: 3646 Price/SqFt: 959.96 Approx Lot SqFt: 50785 Approx Lot Acres: 1.166 Flood Zone: No Horses: N Model: Custom Builder Name: Rainey Homes 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 Community Pool Y/N: No Private Pool Y/N: Yes Planned Comm Name: Pegasus Airpark Fireplace YN: Yes Fireplaces Total: 1 Marketing Name: Pegasus Airpark Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 4 Year Built: 2021

Legal Info

Range: 7E Section: 34 Township: 2S Lot Number: 16

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1 Brick: 1 Spray Foam Insulation: 1

Const - Finish

Painted: 1 Stucco: 1 Brick Veneer: 1

Roofing

Tile: 1

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

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

See Private Remarks: 1 None: 1

Architecture

Ranch: 1

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Split: 1

Additional Bedroom

Separate Bedroom Exit: 1 Master Bedroom Walk-in Closet: 1

Add'l Property Use

See Remarks: 1

Fireplace Features

Gas Fireplace: 1 Fire Pit: 1

Flooring

Tile: 1

Window Features

Screens: 1 Dual Pane: 1 Low-Emissivity Windows: 1

Private Pool Features

Outdoor: 1 Fenced: 1 Diving Pool: 1 Heated: 1 Variable Speed Pump: 1

Community Features

Biking/Walking Path: 1 Gated: 1 Horse Facility: 1 Runway Access: 1

Dining Area

Formal: 1 Breakfast Bar: 1 Dining in LR/GR: 1

Heating

Electric: 1 Natural Gas: 1

View

Desert: 1 Mountain(s): 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Gas Oven: 1 Gas Range: 1 Kitchen Island: 1 Built-in Microwave: 1 Multiple Ovens: 1 Non-laminate Counter: 1 Pantry: 1 Refrigerator: 1 Reverse Osmosis: 1 Walk-in Pantry: 1

Cooling

Ceiling Fan(s): 1 Programmable Thmstat: 1 Central Air: 1

Interior Features

Vaulted Ceiling(s): 1 9+ Flat Ceilings: 1 No Interior Steps: 1 Water Softener Owned: 1

Laundry

Stacked Washer/Dryer: 1 Washer Hookup: 1 Gas Dryer Hookup: 1 220 V Dryer Hookup: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1 Great Room: 1 Bonus/Game Room: 1 Guest Qtrs-Sep Entrn: 1 Separate Workshop: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Road Access Type

City Street: 1

Road Surface Type

Asphalt: 1

Accessibility Feat.

Zero-Grade Entry: 1 Hallways 36in+ Wide: 1 Bath Roll-In Shower: 1

Road Responsibility

City Maintained Road: 1 Private Maintained Road: 1

Technology

High Speed Internet: 1 Ntwrk Wrng Multi Rms: 1 Security System Owned: 1

Fencing

Block: 1 Wrought Iron: 1

Water Source

City Water: 1

Exterior Features

Built-in BBQ: 1 Covered Patio(s): 1 Patio: 1 RV Hookup: 1 Storage: 1 Private Street(s): 1 Pvt Yrd(s)/Crtyrd(s): 1 Rain Gutters: 1 Other: 1

Spa

Private: 1 Heated: 1

Manufactured Home Features

Other: 1 See Remarks: 1

Sewer

Septic Tank: 1

Parking Spaces

Slab Parking Spaces: 10 Total Covered Spaces: 10 Garage Spaces: 10

Parking Features

Attch'd Gar Cabinets: 1 Detached Garage: 1 Golf Cart Garage: 1 Over Height Garage: 1 Rear Vehicle Entry: 1 RV Garage: 1 RV Gate: 1 Separate Strge Area: 1 Temp Controlled: 1 Attached Garage: 1 Direct Access: 1 Extended Length Garage: 1 Garage Door Opener: 1 Gated: 1 Hangar: 1 RV Access/Parking: 1

Irrigation

Sprinkler: 1

Foundation Details

Slab: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 1031 Exchange: 1

Energy/Green Feature

Multi-Zones: 1

Plumbing

Tankless Ht Wtr Heat: 1 Gas Hot Wtr – Tnklss: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

North/South Exposure: 1

Landscaping

Desert Front: 1 Desert Back: 1 Synthetic Grass Back: 1 Auto Timer H2O Front: 1 Auto Timer H2O Back: 1

Services

City Services: 1

Items Updated

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

Unit Style

All on One Level: 1

Other Structures

Workshop: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1 Vicinity of an Airport: 1

Possession

Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1 Street Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Rental OK (See Rmks): 1

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. Geo Lat: 33.211269 Geo Lon: -111.623844

Association Fees

Association Fee 2: 200.5

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
Listing Office: HomeSmart Lifestyles
IDX
Last Updated: July - 08 - 2026
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