1905 E PEGASUS Drive, Tempe, AZ 85283
Property image
Property image
FOR SALE
0.33 ACRES

1905 E PEGASUS Drive
Tempe, AZ 85283

Optimist Park SW
  • 4 Beds
  • 2 Baths
  • 2,076 sqft (on 0.33 acres)

$650,000

Est. Mortgage $3,635/mo*

$650,000

Est. Mortgage $3,635/mo*
4 Beds
2 Baths
2,076 sqft
(on 0.33 acres)

Home Highlights

Parking
2 Car Garage
Outdoor
Pool
Climate Control
Heating & Cooling
Price/Sqft
$313
Listed
32 days ago

Local Information

  • Map ViewExplore the area around 1905 E PEGASUS Drive.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to 1905 E Pegasus Drive, a beautifully maintained home on a premium corner lot in one of Tempe's most desirable neighborhoods. Enjoy quick access to the US-60 and Loop 101, just minutes from Arizona State University, Sky Harbor Airport, Scottsdale, Chandler, Downtown Phoenix, Trader Joe's, the Rio Salado Pathway, parks, shopping, and dining. A mature pine tree shades the front yard, while the backyard features a sparkling pool, rear RV gate, chicken coop, and space to entertain. An additional front RV gate offers added flexibility for parking and storage. Inside, bright living spaces and a rare walk-in secure storage room complete this exceptional home.

Home Details for 1905 E PEGASUS Drive

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2076 Square Feet
Appliances & Utilities
Appliances: Dryer, Washer, Refrigerator, Dishwasher, Electric Range, Electric OvenDishwasherDryerLaundry: In GarageRefrigeratorWasher
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood Burning, Family RoomSpa: NoneHas a Fireplace
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Tile

Exterior Features

Exterior Home Features
Roof: CompositionFencing: Back Yard, BlockOther Structures: Shed(s)Exterior: StorageFoundation: BlockHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Attached,RV Access/Parking,RV Gate
Pool
Pool: Play PoolPool
Frontage
Responsible for Road Maintenance: City Maintained RoadRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 18Days on Market: 32

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Brick Veneer, Wood Frame, Painted, BlockNot Attached Property
Property Information
Parcel Number: 30101457

Price & Status

Price
List Price: $650,000Price Per Sqft: $313
Status Change & Dates
Possession Timing: By Agreement

Active Status

MLS Status: Active

Location

Direction & Address
City: TempeCommunity: CONTINENTAL EAST UNIT 6
School Information
Elementary School: Fuller Elementary SchoolElementary School District: Tempe School DistrictJr High / Middle School: Fees College Preparatory Middle SchoolHigh School: Marcos De Niza High SchoolHigh School District: Tempe Union High School District

Agent Information

Listing Agent
Listing ID: 7052256

Building

Building Area
Building Area: 2076 Square Feet

Community

Community Features: Playground, Biking/Walking Path
Other
Playground

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 0.33 acres

Listing Info

Special Conditions: Owner/Agent

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 7052256

Additional Information

PlaygroundBiking/Walking Path
Last check for updates: about 16 hours ago
Listing courtesy of Rachel Tempel, (309) 310-8640
Realty ONE Group
Source: ARMLS, MLS#7052256
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Market trends in Tempe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$5K
MoM
Sale-to-List Price
98.5%
0.1%
MoM
Price per sq ft
$291
$2
MoM
Available listings
550
13
MoM

Price History for 1905 E PEGASUS Drive

DatePriceEventSource
07/10/2026$650,000Listed For SaleARMLS #7052256
07/01/2026$3,500ListingRemovedZillow Rentals
06/05/2026$3,500PriceChange
Zillow Rentals
05/05/2026$3,750PriceChange
Zillow Rentals
04/29/2026$3,950Listed For RentZillow Rentals
05/21/2022ListingRemovedZillow Rental Manager
04/26/2022$3,500Listed For RentZillow Rental Manager
07/25/2019$421,875Sold
ARMLS #5931375
06/25/2019$426,900PendingAgent Provided
06/08/2019$426,900PriceChange
Agent Provided
05/26/2019$429,900Listed For SaleAgent Provided
12/13/2018$260,100Sold
N/A
06/26/2018$0Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
Tax$2,598
Assessment$448,200
Home facts updated by county records

Comparable Sales for 1905 E PEGASUS Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$480,000
01/09/26
4
2
1,953
0.06
Single-Family Home
$465,000
11/12/25
3
2
1,581
0.19
Single-Family Home
$480,000
05/29/26
4
2
1,746
0.27
Single-Family Home
$530,000
08/13/25
4
2
1,691
0.30
Single-Family Home
$650,000
07/29/26
3
2
2,132
0.26
Single-Family Home
$732,500
02/13/26
3
2
2,523
0.36
Single-Family Home
$534,000
03/02/26
4
2
1,971
0.38
Single-Family Home
$499,990
08/25/25
3
2
1,703
0.35
Single-Family Home
$720,000
10/28/25
4
2
2,132
0.38
Single-Family Home
$655,000
06/18/26
3
2
2,253

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1905 E PEGASUS Drive.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Optimist Park SW

At least 12 Trulia users voted on each feature.
  • 100 % Say streets are well-lit

  • 100 % Say it's dog friendly

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 95 % Say it's walkable to grocery stores

  • 94 % Say yards are well-kept

  • 93 % Say car is needed

  • 90 % Say there are sidewalks

  • 86 % Say they plan to stay for at least 5 years

  • 77 % Say it's quiet

  • 75 % Say there's holiday spirit

  • 69 % Say it's walkable to restaurants

  • 69 % Say kids play outside

  • 68 % Say neighbors are friendly

  • 24 % Say there's wildlife

  • 17 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 480bbello
    "extremely safe area in Tempe, amazing place to live and raise kids at. fantastic public school system 👍"

LGBTQ Local Legal Protections

Frequently asked questions about 1905 E PEGASUS Drive

  • What is the estimated monthly payment for 1905 E PEGASUS Drive?
    Based on a $650,000 list price with 20% down at today's rates, the estimated monthly payment for 1905 E PEGASUS Drive in Tempe, AZ is approximately $3,720 (about $3,423 principal & interest, $222 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1905 E PEGASUS Drive compare to homes in Tempe?
    1905 E PEGASUS Drive in Tempe, AZ is listed at $650,000, about 40% above the $463K median sale price in Tempe.
  • What do residents say about the Optimist Park SW neighborhood?
    Residents describe the Optimist Park SW neighborhood in Tempe, AZ as dog-friendly, easy to park in, and walkable to grocery stores. See homes for sale in Optimist Park SW, Tempe.
  • What are the closest schools to 1905 E PEGASUS Drive?
    The closest schools to 1905 E PEGASUS Drive in Tempe, AZ are Fees College Preparatory Middle School (rated 2/10), Fuller Elementary School (rated 7/10), Marcos De Niza High School (rated 5/10).
  • Does 1905 E PEGASUS Drive have air conditioning?
    Yes, 1905 E PEGASUS Drive in Tempe, AZ has air conditioning.
  • Does 1905 E PEGASUS Drive have a pool?
    Yes, 1905 E PEGASUS Drive in Tempe, AZ has a pool.
Rachel Tempel, Realty ONE Group
Agent Phone: (309) 310-8640
1905 E PEGASUS Drive, Tempe, AZ 85283 is a 4 bedroom, 2 bathroom, 2,076 sqft single-family home built in 1973. 1905 E PEGASUS Drive is located in Optimist Park SW, Tempe. This property is currently available for sale and was listed by ARMLS on Jul 10, 2026. The MLS # for this home is MLS# 7052256.