21418 E Pegasus Parkway, Queen Creek, AZ 85142

$1,550,000
5
BD
4
BA
4,579
SqFt

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Sold Price
$1,550,000
List Price
$1,550,000
Status
CLOSED
Days on Market
6
Closing Date
Jul 27, 2026
MLS#
7049104
Subtype
Residential
Style
Ranch
Year Built
2016
Bedrooms
5
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
4,579
Lot Size
43,774
Acres
1
Subdivision
Pegasus Airpark Unit 1

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.

Additional Information

Interior Features
Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Eat-in Kitchen, Kitchen Island, Walk-in Pantry, Granite Counters
Exterior Features
Private Yard, Misting System, Other, Built-in Barbecue
Taxes
$5,356
HOA Fee
$326
HOA Freqency
Quarterly
Property Description
Ranch
Flooring
Carpet, Tile
Heating
Natural Gas
Air Conditioning
Central Air
Exterior Construction
Wood Frame, Painted, Stucco
Stories
1
Pool
Yes
Parking Features
RV Access/Parking, RV Gated, Over Height Garage, Extended Length Garage, Garage Door Opener, Direct Access, Attached Garage
Garage Spaces
4
Elementary School
Schnepf Elementary School
Middle School
Crismon High School
High School
Crismon High School
View
Mountain(s)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Lauren Ballard (480-432-1289) from Listing Office: Jason Mitchell Real Estate.

Selling Office: Simply Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.