34 new hangars coming to Pegasus Airpark (5AZ3) in 2023! Private airpark with NO GROUND LEASES, you can own your hangar forever and pass it down for generations or re-sell in the future without the depreciation from limited years remaining on a ground lease. Queen Creek has been voted the best place to live in the country and continues to grow with tons of class A developments, amenities/entertainment and recreational activities nearby!
Links to additional project information:
– Link to the main website (has videos of planes taking off from Pegasus): https://volareestates.com
– Link to the Pegasus Project Page (has more details & information about this project): https://volareestates.com/pegasus-airpark-overview
Hangar information:
– NO ground leases at a private airpark, and has some of the best pricing available to owners on all types of aviation fuel
– Helicopters are allowed
– Units will be delivered with Higher Power hangar doors, 4’x8′ man doors, insulation, fire protection, cement flooring, lights, power outlets, and utilities/plumbing stubbed in for Buyers to build out their interior with restrooms, offices, lofts etc.
– The executive 80×80 hangars will also have their own street addresses with separate driveway entrances from Diana Wy into an RV garage door, a front door, and a large front yard/patio with sliding glass doors.
– After purchasing an executive hangar buyers can apply for an interior improvement permit from Town of Queen Creek to convert a portion of the executive hangars into a livable residence, private executive office suites, private showroom, etc. (not applicable to standard hangar units).
– The executive units will utilize CMU block construction on South, East/West and demising walls for premium build quality and sound attenuation
Project status:
– Received zoning approval from Town of Queen Creek and are working on our construction permits, current information is still subject to change as we work to receive final permitting.
– Breaking ground in Q1 of 2023
– Taking fully refundable lot reservations for Phase I, currently 9 units are reserved (#1, #2, #5, #6, #7, #9, #11, #13, & #17)
– 24 standard hangars – (8) 80×60 & (16) 60×60
– 10 executive hangars – 80×80
– Pre-sales purchase contracts are estimated to be released in next ±30 days
– Delivery of units is expected to be Q3 of 2023
Community information:
– Queen creek has been named “One of America’s Friendliest Cities” by Forbes magazine, and lots of other regional/national awards such as #1 on the “Best City to Raise a Family in 2022” by Dwellics. Becoming one of the premier suburbs in America while retaining their rural origins of recreational activity including equestrian trails and San Tan Mountains.
– https://www.queencreekaz.gov/home/showpublisheddocument/17780/635563013657230000
– Less than a mile away from Pegasus is San Tan Flat one of the best cowboy western restaurants in Arizona (has great ribs every day after 4pm) and Fat Cats which is a family entertainment venue with bowling, cinema, games, food & drinks. Or the San Tan Mountains and recreation areas for hikes, off-roading, etc. is only a few miles to the South.
– Gila River Resorts broke ground on their new $150 million casino only 12 miles away on the SE corner of Gilbert Rd & Hunt Hwy in October of 2021. It’s scheduled completion is in Q4 of 2023 which will provide additional restaurants/activities and economic stimulus to the area that further increases property values
– ±300 days of sun every year for flying
