21615 E PEGASUS Parkway, Queen Creek, AZ 85142, Queen Creek, 85142 - 5 bed, 6 bath
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Queen Creek, AZ 85142
This Luxury Multi-Generational Estate is listed at $2,494,950, following a significant price improvement to align with its $2,469,069 Fair Market Value. Maintaining a Good Condition Rating, the property offers a versatile 5,322 sq. ft. layout including a Main House, Attached Casita, and a Mancave Garage with a secondary guest suite. The expansive acre lot features a Private Pool and proximity to Queen Creek High School. Offering Owner Financing potential, this unique residence is ideal for Multi-Generational Families or Home-Based Business Owners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21615 E PEGASUS Parkway Subject | $2,274,000* List Price | 5 | 6 | 5,322 | $427 | - |
A 21816 E PEGASUS Parkway Pending | $1,775,000 List Price | 5 | 4 | 3,705 | $479 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is well-maintained and move-in ready, fitting the 10-20 year age criteria for a 'good' rating. The kitchen features high-quality dark wood cabinetry, granite countertops, and stainless steel appliances. The interior shows minimal wear with tray ceilings, custom built-ins, and a mix of tile and carpet flooring that remain in good condition, though the overall aesthetic reflects its original construction period.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 45834, living area = 5322.
The property offers a unique 5,322 sq. ft. living space comprised of a main house, an attached casita, and a secondary guest house within the detached garage, providing exceptional flexibility for multi-generational living or a home-based business.
Designed for high-end recreation, the estate features a massive 'mancave' garage equipped with a weight room and basketball area, alongside a private pool, catering to active families and hobbyists.
The listing agent is related to the sellers, which may require buyers to exercise additional due diligence to ensure objective negotiations and transparency throughout the transaction.
Built in 2005, the home may require cosmetic updates or system modernizations to meet the expectations of contemporary luxury buyers, as suggested by the mention of available contractor lists.
APPRASISAL $2,275,000, exceptional estate has just received a price reduction of over $250,000. The main residence offers 3,708 SF, complemented by a 447 SF guest house under the same roof for a total of 4,185 SF. An additional 1,167 SF guest house in the garage creates a remarkable total of 5,322 SF under roof. The home's scale, flexibility, and design offer ideal accommodations for multigenerational living, a private office, or extended guest space. Photos do not fully capture the quality Owner financing may be available. Perfect home to help your children grow, thrive, and create lasting memories in a warm and supportive environment. A home where your child can grow academically and athletically. USE YOUR IMAGINATION! Buyer and buyer's agent to verify all measurements and information Our Pegasus Home was created and built with our love and vision. We built our home together, piece by piece, with a shared vision of family and home. From the foundation to the final details, every decision was made with care and purpose. The house, the pool, and the mancave garage were not just projects, but dreams brought to life through hard work, teamwork, and commitment to one another. We raised two boys here, watching them grow up surrounded by comfort, activity, and a sense of connection. The pool was the heart of many summer days and celebrations, while the mancave garage became a place for teaching, working together, and sharing values. Our sons' friends often gathered here, spending time in the weight room, playing basketball, and enjoying the pool. These spaces were filled with conversations and experiences that helped shape our sons into the men they are today. Our home represents more than a place to live; it reflects a life built together. It holds memories of family dinners, holidays, weekend projects, and evenings spent knowing they had created something lasting. Every room tells a story of love, sacrifice, and pride in the family we raised within these walls. Built in 2005, our home is ideally located in a Queen Creek community that now offers outstanding restaurants, shopping, and entertainment. The true quality of our home must be experienced in personphotos only tell part of the story. A list of contractors is available.
No exterior & parking available.
Grades PK-5 • 2.2 mi
Grades 5-8 • 3.0 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 6.0 | 0.0 |
| Square foot | 5,322 | - |
| Lot Size | 45,834 | - |
| Price | $2.27M | $615.1K |
| Price per sq ft | $427 | $257 |
| Built year | 2005 | 0 |
| HOA | $308 | $0 |
| Days on market | 468 | 2498 |
Apr 27, 2026
$2,274,000
$2,275,000
+0% Price Increase
Initial Listing
Apr 20, 2026
$2,275,000
$2,494,950
-9% Price Drop
Initial Listing
Apr 10, 2025
$2,494,950
Initial Listing