NEW PRICE! Live a life of luxury in this gorgeous, custom executive home located in the gated community of Pegasus Airpark. Unique basement home offers 4 bedrooms, 3.5 baths PLUS a separate guest casita with additional bedroom and full bath. Enter through the private courtyard and custom iron front door. Luxurious finishes include travertine flooring, designer paint and draperies. Formal living room and cozy family room boast views of the San Tan Mountains. Gourmet kitchen features alder cabinetry, granite counters, pantry and kitchen island. Enjoy the cozy gas fireplace in the family room. Luxury master suite features exit to patio, built in entertainment wall, dual vanities, huge walk in shower and jetted soaking tub. Separate bath with exterior exit is perfect when using the pool Double door office offers a private workspace. Convenient, large laundry with tons of storage space. Step down to the basement to find an entertainers dream with bar area and a huge home theater! 3 more bedrooms plus a full bath finish off this lower level dream house. Separate guest casita with full bath offers the upmost in privacy. Relax by the pool in your own private backyard resort. Outdoor entertaining at it's best with tons of covered patio overlooking palm trees, a sparkling pool and a mountain view backdrop. Built in BBQ and firepit complete the fun. Separate backlot area is perfect for those equestrian lovers. Large 4 car garage and separate parking pad behind the gate for RV parking or additional future garage additions. With just over an acre of land this home offers the ultimate privacy and space to grow!