About this home

1948 E. PEGASUS DRIVE | TEMPE Some homes have a backyard. Pegasus has a private resort. Set on a nearly half-acre, no-HOA lot, this remarkable property pairs a beautifully remodeled 4-bedroom, 2-bath main home with a fully permitted detached 2-bedroom, 2-bath casita--complete with its own address, electric meter, private entrance and parking. Then step outside: a brand-new pool, two putting greens, a fire-pit gathering area, RV parking with full hookups, and a private lighted combination basketball and pickleball court. It's a setting made for everyday enjoyment, unforgettable weekends and room for everyone. Approximately 3,000 square feet of combined living space. Two separate residences. A backyard built for play, relaxation and entertaining.

Facts and features

Schools

• Fuller Elementary School

  elementary · K-5 · 0.6 mi

  7

• Fees College Preparatory Middle School

  middle · 6-8 · 0.7 mi

  2

• Marcos De Niza High School

  high · 9-12 · 0.9 mi

  5

• Bethany Christian School

  elementary · K-8 · 0.5 mi

• Pinnacle Charter High School

  high · 9-12 · 0.5 mi

• Pinnacle Online - WMCB

  high · 9-12 · 0.5 mi

Price history

• Oct 30, 2026 · Listed$1,495,000
• Jan 9, 2026 · Sold$480,000
• Dec 24, 2025 · Listed$455,000
• Sep 11, 1973 · Sold$33,730
• Jun 12, 1973 · Sold$34,235

Tax history

• 2025$3,042 tax · $46,970 assessed
• 2024$2,825 tax · $46,970 assessed
• 2023$2,791 tax · $51,820 assessed
• 2022$2,665 tax · $34,460 assessed
• 2020$2,627 tax · $29,520 assessed
• 2019$2,577 tax · $27,630 assessed
• 2018$2,508 tax · $25,520 assessed
• 2017$2,430 tax · $24,100 assessed

Home value

$1,479,249

• Quantarium$1,479,249

Where it is