Location

Nearby schools

School ratings (A+ to F) from HJN community data.

James Madison Preparatory School
6-12 · Regular · James Madison Preparatory School (79063)
130 students
James Madison Preparatory School school rating: B+ 0.5 mi
Pinnacle Online - Wmcb
9-12 · Alternative/Other · Pinnacle Education-WMCB Inc. (79439)
51 students · 2.4:1 student–teacher
0.5 mi
Pinnacle Charter High School-Tempe East
9-12 · Alternative/Other · Pinnacle Education-WMCB Inc. (79439)
4 students · 0.2:1 student–teacher
0.5 mi
Valley Christian Elementary School
KG-12 · Regular
900 students · 12.8:1 student–teacher
0.5 mi
Fuller Elementary School
KG-5 · Regular · Tempe School District
468 students · 14.8:1 student–teacher
Fuller Elementary School school rating: B+ 0.5 mi
Tempe Elementary Online Community
KG-8 · Regular · Tempe School District
0.7 mi
Fees Middle School
6-8 · Regular · Tempe School District
645 students · 12.7:1 student–teacher
Fees Middle School school rating: D 0.7 mi
Rover Elementary School
PK-5 · Regular · Tempe School District
382 students · 14.0:1 student–teacher
Rover Elementary School school rating: A 0.8 mi

Nearby places

Within 2 miles of this home: 39+ restaurants and cafés, 7 grocery stores, 25 parks and green spaces, and 23+ transit stops.

Place data from OpenStreetMap.

Food & drink

Taco Bell
Mexican restaurant · East Guadalupe Road
0.4 mi
Starbucks
East Guadalupe Road
0.4 mi
Pei Wei
Asian restaurant
0.4 mi
Wildflower Bread Company
South McClintock Drive
0.5 mi
Hawaiian Style Bakery
0.8 mi
Jupe's
0.8 mi
China Town Buffet
Chinese restaurant
0.9 mi
5 Star Dive Bar & Grill
0.9 mi

Groceries

Fry's Food and Drug
East Guadalupe Road
0.3 mi
Trader Joe's
South McClintock Drive
0.5 mi
Safeway
East Elliot Road
1.3 mi
Sprouts Farmers Market
East Elliot Road
1.8 mi
Albertsons
West Baseline Road
1.9 mi
Aldi
East Southern Avenue
1.9 mi
Baiz Fresh Foods
West Baseline Road
2.0 mi

Parks & recreation

Optimist Park
0.4 mi
Stroud Park
East Redfield Road
0.5 mi
Gaicki Park
South McClintock Drive
0.6 mi
The Rover Vine
0.9 mi
Scudder Park
South Lakeshore Drive
0.9 mi
Carriage Lane Playground
0.9 mi
Michelle Brooks-Totress Park
East Redfield Road
1.0 mi
Carriage Lane Park
South Carriage Lane
1.0 mi

Transit

Kenwood Ln & Cornell Dr
0.5 mi
McClintock Dr & Cornell Dr
0.6 mi
McClintock Dr & Southshore Dr
0.6 mi
Oxford Dr & Hazelton Ln
0.7 mi
Kenwood Ln & Oxford Dr
0.7 mi
McClintock Dr & Oxford Dr
0.8 mi
Baseline Rd & Hazelton Ln
0.9 mi
Kenwood Ln & Baseline Rd
0.9 mi

The 85283 market

Homes for sale: 123
Median list price: $499,500

Similar homes nearby

See all in 85283

114Active
$1,695,000
5 bd · 5 ba · — sqft
1071 E Sandpiper Drive, Tempe, AZ
Daniel T Birk · Fathom Realty Elite

Listing data & MLS disclosures

Arizona Regional Multiple Listing Service (ARMLS): ©2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Realty.com are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. 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 Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Last updated: 2026-11-01 06:52:29 UTC

This content last refreshed on 2026-11-01 13:50:20 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

$1,495,000Active

1948 E Pegasus Drive, Tempe, AZ 85283

Contact agent

Est. $9,638/mo2 days on Realty

6

Beds

4

Baths

1,953

Sqft

1973

Built

—

$/Sqft

2

Days on Realty

About this 6 bedroom 4 bath house

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.

Listing agent
Joseph Lee Fraser
Courtesy of HomeSmart
(480) 232-5713
Arizona Regional Multiple Listing Service (ARMLS) · Listing 7097074

Interior features

Bathrooms4 full

Stories1

FlooringTile

CoolingHeat Pump, Central Air, Ceiling Fan(s), Programmable Thmstat

HeatingHeat Pump, Electric

AppliancesRefrigerator, Dishwasher, Disposal, Electric Range, Electric Cooktop

FeaturesQuartz Countertops, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, 3/4 Bath Master Bdrm

Exterior & lot

Lot size19,990 sqft

Garage2 (detached)

Private poolYes

FeaturesPrivate Pickleball Court(s), Sport Court(s), RV Hookup

Community & HOA

HOA includesNo Fees

SubdivisionCONTINENTAL EAST UNIT 6

Estimate your monthly payment

Home price

Down payment (20%)

$299,000

Loan term

Interest rate (%)

Property tax (%/yr)

Home insurance ($/yr)

HOA ($/mo)

Estimated monthly payment

$9,638/mo

Principal & interest$8,151

Property tax$1,370

Home insurance$117

Loan amount $1,196,000. Estimate only — your actual rate and payment depend on credit, location, and lender.

Tax history

2025 roll

Assessed total: $29,180
County market value: $469,700
Property tax billed: $3,042.12