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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 1h ago

TWO INCREDIBLE HOMES on a Resort lot. This one-of-kind property is 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 NEWLY BUILT 1,000 sq 9 foot ceilings 2-bedroom, 2-bath GUEST HOUSE-complete with its own address, electric meter, private entrance & parking. Then step outside: a brand-new pebble tec pool, two putting greens & chipping area, fire-pit gathering area, RV parking with full hookups, and a private lighted combination PICKLEBALL and basketball court. Approximately 3,000 square feet of combined living space. Two separate residences. A backyard built for play, relaxation and entertaining. Plenty of room to add large garage or workshop. Prime Tempe location. Must see to believe!

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 

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Data Last Updated: 2:17 PM UTC, 11/9/2026.

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