$4,240,000

21962 E Diana Way Queen Creek, AZ 85142

Estimated payment $25,044/month

Total Views 28,552
3 Beds
3.5 Baths
5,870 Sq Ft
$722 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Private Pool
  • 2.18 Acre Lot
  • Newell Barney Middle School Rated A
  • RV Gated
  • Living Room with Fireplace

About This Home

Welcome to a one-of-a-kind Tuscan villa estate nestled inside the prestigious Pegasus Airpark, where luxury meets functionality for both equestrian enthusiasts and aviators alike. This 14,000 sq. ft. under roof masterpiece is a true sanctuary of elegance, comfort, and high-end amenities, offering unmatched privacy, resort-style outdoor living, and incredible craftsmanship throughout.
This estate sits on almost 2.5 acres, making it one of the most spacious properties in the community. It is also the first property to merge two lots out of only three in the entire development, offering unparalleled space and exclusivity.
Grand Exterior & Outdoor Paradise
A 12-foot privacy ficus hedge and a decorative double-sided automatic gate welcome you into the estate, ensuring exclusivity from the moment you arrive. A decorative back gate provides direct equestrian path access, making this property perfect for horse lovers.
The front entrance boasts a stunning fountain located near the front door and entry path, creating a grand and inviting atmosphere.
The backyard is an entertainer's dream, featuring a massive 30x60 infinity-edge pool with a travertine deck, deck jet water features, and color-changing LED pool lights. A custom-raised stone gas fire pit sits adjacent to the pool, offering a cozy ambiance for evening relaxation. The entire perimeter is lined with large ficus trees, creating an oasis of privacy.
Lush grass landscaping, full irrigation, and landscape lighting accentuate the grounds. The backyard also features two beautiful fountains nestled within the grassy area, adding elegance and tranquility to the outdoor space.
A gated dog run with artificial turf and a custom Canterra fountain ensures a safe space for pets. Nearby, an enclosed and gated area houses the Generac backup generator and Pentair pool equipment, both of which can be managed via remote access.
A network of paver walkways connects key areas of the backyard, leading guests effortlessly through the outdoor space. A three-step descent from the expansive patio leads to the lush grass area, each step crafted from matching pavers, blending seamlessly into the landscape.
For convenience, designated wall switches throughout the home allow for discreet holiday lighting setup.
Outdoor Living & Entertainment Spaces
Step onto the oversized covered patio, designed for year-round enjoyment. Features include: Built-in misting system and heaters, A stunning outdoor fireplace, Full outdoor kitchen with a large grill, fridge, and sink. Canterra columns and rustic oversized lanterns for a charming, timeless aesthetic. Tongue-and-groove wood ceiling for a warm, inviting atmosphere and Pre-wired sound system for the outdoor patio.

Luxury Garage & Expansion Potential
A grand rear courtyard provides an expansive and elegantly designed parking area, seamlessly blending functionality with luxury. This vast space comfortably accommodates over 20 vehicles, making it ideal for hosting gatherings or showcasing a distinguished car collection.
The 2,300 sq. ft. six-car garage is a true showpiece with: Floor-to-ceiling custom storage cabinets, Paver flooring extending from the courtyard into the garage. Built-in floor drains for easy maintenance. Decorative Canterra surrounds with insulated Colplay doors and side-mounted Genie garage openers.
For those desiring more space, an already poured pad with roughed-in plumbing is ready for an additional five-car garage, a 50-ft RV garage, and a 700 sq. ft. casita. HOA-approved drawings for this expansion are already in place.

Inviting Front Entry & Grand Living Spaces
The elevated front entry makes a bold statement with a large wrought-iron and metal door, leading you into the expansive 35x60 ft. great room. This breathtaking space is adorned with: 20-foot ceilings with wood beams, A towering stone fireplace with a Canterra stone mantle that reaches the ceiling. Five 10-ft Pella double doors, allowing seamless indoor-outdoor flow for entertaining, Smart power-controlled shades via Control4 system, Pre-wired sound system for the main living area, Custom decorative wrought iron A/C vents, Lark Manor matching chandeliers throughout and dark Bronze screwless wall switches throughout the home.
Chef's Dream Kitchen & Hidden Pantry

The gourmet kitchen is designed for culinary excellence and ultimate convenience: Massive 12x7 ft. kitchen island with indirect lighting, Sub-Zero refrigerator and Sub-Zero freezer & Wolf 6-burner range with a griddle and hood ventilation. Tall, custom cabinetry with ample storage, Hidden walk-in pantry with two access points - one via a discrete hallway and the other hidden behind a custom hideaway bookshelf. Indirect lighting in the half bath for an added touch of luxury and barrel Canterra hall ceiling with indirect lighting.
Elegant Main Retreat & Spa-Like Bathroom

A breathtaking Canterra barreled ceiling with indirect lighting elegantly extends from the main bedroom to the main bath, creating a seamless transition of luxury and ambiance. The luxurious main suite is a private sanctuary, featuring: Ceiling beams and four sets of 10-ft double doors leading to the patio and custom power shades controlled via Control4.
The main bath rivals a five-star resort with: A striking copper clawfoot tub, a massive stand-up shower with dual shower heads (each controlling separate temperatures for a true "his and hers" experience). Split vanities for personal space and convenience, Canterra stone infinity ceiling, power-controlled shades for privacy and ambiance, signature Hardware fixtures and faucets throughout.
Step into the impeccably designed main closet, complete with: Two oversized islands with indirect lighting, custom shelving and storage for clothes, shoes, purses, jewelry, watches, and more. A built-in washer/dryer hookup and indirect ceiling lighting.
A Rare Opportunity in Pegasus Airpark, this is more than just a homeit's a lifestyle. Don't let this opportunity pass you by!

Listing Agent

Richard Harless

AZ Flat Fee License #SA672256000

Co-Listing Agent

Jessica Lowe

AZ Flat Fee License #SA654774000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,315

Year Built

  • Built in 2020

Lot Details

  • 2.18 Acre Lot
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Garage ceiling height seven feet or more
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,870 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Two Way Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Stone Flooring

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Schools

  • Schnepf Elementary School
  • Queen Creek Junior High School
  • Queen Creek High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Trestle Mgmt Group Association, Phone Number (480) 422-0888
  • Pegasus Airpark Units 3 And 4 Subdivision

Listing and Financial Details

  • Tax Lot 177
  • Assessor Parcel Number 304-92-230-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,315

Year Built

Built in 2020

Lot Details

0

HOA Fees

$103 per month

Parking

6

Listing Details

  • Cross Street: S Ellsworth Rd and E Empire Blvd
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 102.63
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2020
  • Tax Year: 2024
  • Directions: Head S on S Ellsworth Rd. Turn left onto E Empire Blvd. Turn left onto S Crismon Rd. Turn right onto E Diana Way. Home will be on the left.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.18
  • Co List Office Mls Id: li3k001
  • Co List Office Phone: 480-771-1511
  • Subdivision Name: PEGASUS AIRPARK UNITS 3 AND 4
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 307.89
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Two Way Fireplace, Exterior Fireplace, Fire Pit, Living Room
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 5870.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Built-in Barbecue
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Over Height Garage, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 6.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Management
  • Association Fee: 307.89
  • Association Fee Frequency: Quarterly
  • Association Name: Pegasus Airpark
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Pegasus Airpark
  • Association Fees:HOA Telephone4: 480-422-0888
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 307.89
  • Association Fees:Disclosure Fees HOA: 250.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Trestle Mgmt Group
  • Association Fees:HOA Management Phone: 480-422-0888
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Schnepf Elementary School
  • High School: Queen Creek High School
  • Junior High Dist: Queen Creek Unified District
  • Middle Or Junior School: Queen Creek Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 95008.0
  • Parcel #: 304-92-230-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 15315.0
  • Tax Book Number: 304.00
  • Tax Lot: 177
  • Tax Map Number: 92.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,315 $84,820 -- --
2024 $14,418 $80,781 -- --
2023 $14,418 $144,580 $28,910 $115,670
2022 $13,790 $112,720 $22,540 $90,180
2021 $9,379 $102,620 $20,520 $82,100
2020 $2,213 $29,265 $29,265 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 For Sale $4,240,000 -- $722 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Old Republic Title Agency
Interfamily Deed Transfer -- First American Title Insuran
Special Warranty Deed $110,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,434,000 New Conventional
Closed $465,000 Credit Line Revolving
Closed $1,448,000 Construction
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6825526

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-92-230A