
Queen Creek, AZ 85142
This Custom Aviation Estate is a Strong Value Opportunity, listed at $3,500,000—positioned well below the $3,490,657 Fair Market Value (Note: Market is stable). Featuring a Mint Condition Rating, this 2021 build offers a 50' x 60' climate-controlled hangar, heated diving pool, and mountain views. With high-end finishes like quartzite countertops and Monogram appliances, it provides a turnkey lifestyle for aviation enthusiasts. Located near top-rated schools, this property is an ideal acquisition for Aviation Enthusiasts or Owner-Occupants seeking luxury without compromise.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21257 E PEGASUS Parkway Subject | $3,500,000* List Price | 4 | 4 | 3,646 | $957 | - |
A 21211 E PEGASUS Parkway Active | $3,225,000 List Price | 4 | 4 | 4,192 | $769 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 2021 custom build is in mint condition, featuring high-end Monogram appliances, quartzite countertops, and modern climate-controlled systems including a specialized aircraft hangar.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50785, living area = 3646.
The property features a massive 50' x 60' climate-controlled hangar with a 60' hydraulic door, direct taxiway access, and on-site fuel, offering an unparalleled lifestyle for pilots and collectors.
Completed in 2021, this custom estate showcases superior craftsmanship with rift-sawn cabinetry, quartzite countertops, premium Monogram appliances, and designer finishes throughout.
The property's specialized aviation infrastructure and location within an airpark significantly narrow the potential buyer pool to a very specific demographic.
At a $3.5M price point for approximately 3,646 square feet of living space, the valuation is heavily weighted toward the hangar and airpark amenities rather than residential square footage.
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 ......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.
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades 5-8 • 2.6 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,646 | - |
| Lot Size | 50,785 | - |
| Price | $3.50M | $615.1K |
| Price per sq ft | $960 | $257 |
| Built year | 2021 | 0 |
| HOA | $326 | $0 |
| Days on market | 31 | 2498 |
Jun 21, 2026
$3,500,000
Initial Listing