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Residential Land for Sale in Queen Creek, Arizona

21838 E Diana Way, Queen Creek, AZ 85142

$925,000
1.25 acres
Active sale
$70k drop
Est $6,375/mo

ONE OF THE 2 REMAINING FLIGHT LOTS AT PEGASUS W/ PRICE REDUCTION! Truly unique 1.25AC aviation/horse lot in exclusive gated custom home community with opportunity to create an estate size home on 2.5 acres with adjoining lot for sale! This lot has amazing mountain views & is 3 houses away from the current $16M new construction home listing. This lot allows you to build a hangar w/ 80' wide taxiway access - private jets & helicopters are allowed, great aviation & home community. This lot also has extra dirt for home for construction w/ est. $10k value. And it's within minutes to great restaurants, entertainment and recreational outdoor areas! Queen Creek has been ranked the 2nd wealthiest city in AZ & best place to raise families. Ask for local home builder options that know Pegasus & QC

Location

Street address
21838 E Diana Way, Unit 168
Community
Pegasus Airpark Units 3 and 4
Elevation
1,467 feet
Coordinates
33.2059, -111.6149

Property details

Acreage
1.25 acres
Zoning
R1-43
MLS #
ARMLS 6754620
Posted

Property taxes

2025
$1,515

Expenses

Home Owner Assessments Fee
$326 quarterly
Home Owner Assessments Fee
$201 quarterly

Parcels

  • 304-92-221

Legal description

Details and features

Listing

Type
Land

Lot

Features
Gated Community, North/ South Exp

Exterior

Fencing
Chain Link

Listing history

DateEventPriceChangeSource
Mar 18, 2026Price drop$925,000$70,000 -7%ARMLS
Sept 9, 2024New listing$995,000ARMLS
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This 1.25-acre property is located at 21838 E Diana Way Unit 168 in Queen Creek, AZ 85142. The property is available for sale for $925,000 with a price per acre of $740,000.

Checked 1 hour ago — Updated

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