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Courtesy of HomeSmart, Joseph Lee Fraser Listing Contact: 480-232-5713 
6 Beds
4 Baths
2,953 sqft

$1,495,000

1948 E PEGASUS Drive, Tempe AZ, 85283

Price per sqft$506.26
Built in1973
Property size2,953 sqft
Property typeResidential

Overview

Active

Listed Oct 30, 2026

Updated 4h ago

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.

$9,946/mo

Est. mortgage payment based on a $1,495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7097074

Interior Features

Bedrooms
6
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.46 Acres

Other Property Details

Taxes
$3,042
Tax Frequency
Annually
Garage
Yes
Municipality
1S
Pool
Yes

Courtesy of HomeSmart, Joseph Lee Fraser

Listing Contact: 480-232-5713 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sara Weller Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Data Last Updated: 5:54 AM UTC, 10/31/2026.

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