1905 E PEGASUS Drive, Tempe, AZ 85283
Property image
Property image
ACCEPTING BACKUPS
0.33 ACRES

$639,000

Original price: $650,000
  • 4 Beds
  • 2 Baths
  • 2,076 sqft (on 0.33 acres)

1905 E PEGASUS Drive, Tempe, AZ 85283

Optimist Park SW
Est. Mortgage $3,836/mo*
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Home Highlights

Single-Family Home
Built in 1973
0.33 acre lot
$308/sqft
2 Car Garage

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

What's unique:Sparkling poolChicken coopBright living spacesRear rv gateAdditional front rv gatePremium corner lot
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.
Last check for updates: about 22 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.

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
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: 76Days on Market: 84

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: $639,000Price Per Sqft: $308
Status Change & Dates
Possession Timing: By Agreement

Active Status

MLS Status: UCB (Under Contract-Backups)

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: 7052256Zillow Contingency Status: Accepting Back-up Offers

Additional Information

PlaygroundBiking/Walking Path

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 👍"

Market trends in Tempe

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$461K
$1.5K
MoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$0
MoM
Available listings
593
22
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
0.07
Single-Family Home
$500,000
09/08/26
4
2
1,953
0.07
Single-Family Home
$740,000
09/30/26
4
2
2,434
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
0.30
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
0.17
Single-Family Home
$819,800
08/12/26
4
3
2,636
0.35
Single-Family Home
$720,000
10/28/25
4
2
2,132

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$493,400
4
2
1,984
Off Market
0.03
$622,900
Studio
2
2,313
Off Market
0.03
$508,200
Studio
2
1,953
Off Market
0.03
$545,800
4
2
1,800
Off Market
0.04
$520,900
Studio
2
1,740
Off Market
0.04
$447,200
Studio
2
1,746
Off Market
0.04
$649,800
4
2.5
2,018
Off Market
0.04
$448,300
4
2
1,224
Off Market
0.05
$518,400
Studio
2
1,691
Off Market
0.05
$393,100
Studio
2
1,224
Off Market
0.05
$394,500
Studio
2
1,224
Off Market
0.05
$690,200
4
3
2,852
Off Market
0.06
$459,500
3
2
1,581
Off Market
0.06
$453,300
Studio
2
1,746
Off Market
0.06
$567,500
4
2
2,164
Off Market
0.06
$468,100
Studio
2
1,524
Off Market
0.06
$403,300
Studio
2
1,224
Off Market
0.06
$437,500
3
2
1,564
Off Market
0.06
$633,400
4
2
2,016
Off Market
0.07
$740,000
4
2
2,434
Recently Sold

Price and Tax history

DateEventPrice
Aug 14, 2026
Source: ARMLS #7052256
PriceChange
$639,000
Price decreased by 2%
Jul 10, 2026
Source: ARMLS #7052256
Listed For Sale
$650,000
Jul 1, 2026
Source: Zillow Rentals
ListingRemoved
$3,500
Jun 5, 2026
Source: Zillow Rentals
PriceChange
$3,500
Price decreased by 7%
May 5, 2026
Source: Zillow Rentals
PriceChange
$3,750
Price decreased by 5%

LGBTQ Local Legal Protections

Rachel Tempel, Realty ONE Group
Agent Phone: (309) 310-8640

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Frequently asked questions about 1905 E PEGASUS Drive

  • What is the estimated monthly payment for 1905 E PEGASUS Drive?
    Based on a $639,000 list price with 20% down at today's rates, the estimated monthly payment for 1905 E PEGASUS Drive in Tempe, AZ is approximately $3,932 (about $3,639 principal & interest, $218 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 $639,000, about 39% above the $461K 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.
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.