$1,495,000
1948 E PEGASUS Drive
- Price per sqft
- $506/sqft
- Listed
- Oct 21, 2026
- Since listed
- 11 days
- Lot
- 19,990 sqft lot
Home highlights
- Single-story
- Private pool
- RV gate
- 1 fireplace
- No HOA
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.
From ARMLS
Property details
Home & layout
- Property type
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4
- Living area
- 2,953 sqft
- Year built
- 1973
- Stories
- Single-story
Interior
- Interior features
- Quartz Countertops, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
- Flooring
- Tile
- Laundry
- In Garage, Wshr/Dry HookUp Only
- Fireplaces
- 1
- Fireplace features
- Insert
- Windows
- Screens, Dual Pane
Systems & utilities
- Heating
- Heat Pump, Electric
- Cooling
- Heat Pump, Central Air, Ceiling Fan(s), Programmable Thmstat
- Sewer
- Sewer - Public
- Water source
- City Water
Lot, exterior & construction
- Lot size
- 19,990 sqft lot
- Lot features
- North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Alley, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
- Construction
- Painted, Block
- Roof
- Composition
- Exterior features
- Private Pickleball Court(s), Sport Court(s), RV Hookup
- Patio & porch
- Patio
- Fencing
- Block
- Other structures
- Separate Guest House
- Pool
- Variable Speed Pump, Play Pool
- Spa
- None
Parking & access
- Garage
- 2 spaces
- Carport
- 0 spaces
- Covered parking
- 2 spaces
- Parking features
- Attached Garage, RV Access/Parking, Gated, RV Gate, Garage Door Opener, Rear Vehicle Entry, Side Vehicle Entry, Electric Vehicle Charging Station(s)
- RV gate
- Yes
Community & lifestyle
- Subdivision
- CONTINENTAL EAST UNIT 6
Location
Explore the neighborhood
1948 E PEGASUS Drive, Tempe, AZ 85283
Map location is based on MLS coordinates. Verify the exact property location before visiting.
Schools
- Elementary
- Fuller Elementary School
School assignments can change and are not guaranteed. Please verify enrollment directly with the district.
Listing information
- Status
- Active
- MLS number
- 7097074
- Listed
- Oct 21, 2026
- Last updated
- Oct 30, 2026, 10:50 PM MST
- County
- Maricopa
- Tax year
- 2025
- Listing terms
- VA, Cash, Conventional, FHA
- Possession
- Close of Escrow
- Special conditions
- Owner/Agent
- Listing agent
- Joseph Lee Fraser
- Listing brokerage
- HomeSmart
Listing courtesy of Joseph Lee Fraser, HomeSmart.