Seller's Agent in 2025
Rob Schabatka
RE/MAX
(928) 821-3508
46 in this area
209 Total Sales
165 Pegasus Trail Sedona, AZ 86351
Village of Oak Creek (Big Park) Neighborhood
5
Beds
4.5
Baths
4,339
Sq Ft
2.94
Acres
Highlights
- Equestrian Center
- RV Garage
- Gated Community
- Barn
- Gated Parking
- 2.94 Acre Lot
About This Home
As of December 2025Experience a total transformation on this Luxury Sedona estate, set on 2.94 acres with sweeping panoramic Red Rock views and backing to National Forest for complete privacy. Designed to capture Sedona's world-famous red rocks, this modern masterpiece showcases expanded picture windows that bring the outdoors in with unforgettable drama. Step inside to a fresh, refined interior featuring new paint inside and out, luxury vinyl flooring throughout, and designer lighting that casts a warm, elegant glow. At the heart of the home is a gourmet kitchen created for both beauty and function. Picture yourself gathering around the oversized quartz island as the red rocks glow at sunset. Premium Café appliances, quartz countertops, and custom cabinetry with extensive storage create a space that is as stylish as it is practical. Microwave/Oven and induction range make every meal effortless, while three dishwashers ensure entertaining and cleanup are refreshingly simple. The primary suite has been completely modernized with quartz finishes throughout and a spa-like bath featuring a slipper soaking tub, dual-head walk-in shower, bidet, and one of the most impressive walk-in closets you will find. A second primary suite, set on the opposite side of the home, offers equal comfort and privacy for guests. Step outside to an expanded paver patio with a convenient ramp for easy access, the perfect place to watch Sedona's famous sunsets. Several additional patios invite you to relax, entertain, and experience the beauty of Red Rock country from every angle. This estate combines luxury with rare versatility. Short-term rentals are allowed, horses are welcome - up to six - and the barn provides space for horses, 6+ vehicles, an RV, or a variety of other uses. A three-car attached garage plus an additional one-car detached garage ensures ample parking and storage. Recent upgrades, including two new AC units, two new water heaters, and a whole-house water infiltration system, provide comfort and peace of mind. This Sedona retreat offers an unmatched blend of privacy, elegance, and possibility. Don't miss your chance to own a truly transformed estate where modern luxury meets natural wonder, come and experience it for yourself.
Last Agent to Sell the Property
RE/MAX Sedona License #BR030865000 Listed on: 09/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,146
Year Built
- Built in 1992
Lot Details
- 2.94 Acre Lot
- Desert faces the front and back of the property
- Wrought Iron Fence
- Wire Fence
Parking
- 4 Car Detached Garage
- Garage Door Opener
- Gated Parking
- RV Garage
Home Design
- Contemporary Architecture
- Santa Fe Architecture
- Spanish Architecture
- Wood Frame Construction
- Stucco
Interior Spaces
- 4,339 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Gas Fireplace
- Double Pane Windows
Kitchen
- Kitchen Updated in 2025
- Built-In Microwave
- Kitchen Island
Flooring
- Floors Updated in 2025
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom Updated in 2025
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- 4.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bidet
- Freestanding Bathtub
- Soaking Tub
- Bathtub With Separate Shower Stall
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
Schools
- West Sedona Elementary School
- Sedona Red Rock Junior/Senior High Middle School
- Sedona Red Rock Junior/Senior High School
Horse Facilities and Amenities
- Equestrian Center
- Horses Allowed On Property
Utilities
- Cooling System Updated in 2025
- Central Air
- Heating System Uses Propane
- Propane
- Septic Tank
Additional Features
- Accessible Approach with Ramp
- Barn
Listing and Financial Details
- Assessor Parcel Number 405-33-481
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2024
Closed on
Apr 4, 2025
Sold by
Owen M Schafer Familiy Revocable Trust and Schafer Owen M
Bought by
React Financial Llc
Seller's Agent
Rob Schabatka
RE/MAX Sedona
Buyer's Agent
Rob Schabatka
RE/MAX Sedona
List Price
$2,395,000
Sold Price
$2,000,000
Premium/Discount to List
-$395,000
-16.49%
Views
102
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.97%
Purchase Details
Listed on
Jul 20, 2020
Closed on
Oct 2, 2020
Sold by
Harbor Place Llc
Bought by
Schafer Owen M and Owen M Schafer Family Revocabl
Seller's Agent
Kris Anderson
eXp Realty
Buyer's Agent
Elizabeth Shapiro
Porter
List Price
$1,675,000
Sold Price
$1,650,000
Premium/Discount to List
-$25,000
-1.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Purchase Details
Closed on
Apr 16, 2019
Sold by
Richard E Carmen Living Trust
Bought by
Harbor Place Llc
Purchase Details
Closed on
Apr 8, 2017
Sold by
Carmen Richard E
Bought by
Hauge Family Investments Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,000,000 | Empire Title | |
| Warranty Deed | $1,650,000 | Empire West Title Agency Llc | |
| Warranty Deed | $1,110,000 | Stewart Title & Trust Sedona | |
| Warranty Deed | $289,000 | Yavapai Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | Sold | $3,200,000 | -5.7% | $737 / Sq Ft | |
| 09/11/2025 09/11/25 | For Sale | $3,395,000 | +69.8% | $782 / Sq Ft | |
| 04/29/2025 04/29/25 | Sold | $2,000,000 | -16.5% | $461 / Sq Ft | View Prior Sale |
| 04/28/2025 04/28/25 | Pending | -- | -- | -- | |
| 10/02/2024 10/02/24 | For Sale | $2,395,000 | +45.2% | $552 / Sq Ft | |
| 10/20/2020 10/20/20 | Sold | $1,650,000 | -1.5% | $380 / Sq Ft | View Prior Sale |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- | |
| 07/20/2020 07/20/20 | For Sale | $1,675,000 | -- | $386 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $8,146 | $164,599 | -- | -- |
| 2024 | $7,915 | $170,956 | -- | -- |
| 2023 | $7,915 | $137,130 | $42,802 | $94,328 |
| 2022 | $7,773 | $108,634 | $36,088 | $72,546 |
| 2021 | $7,885 | $100,598 | $28,364 | $72,234 |
| 2020 | $7,886 | $0 | $0 | $0 |
| 2019 | $7,808 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Schabatka
-
Ricky Schabatka
Seller Co-Listing Agent in 2025
Ricky Schabatka
RE/MAX
(928) 282-4166
46 in this area
192 Total Sales
-
Kris Anderson
Buyer's Agent in 2025
Kris Anderson
eXp Realty
(480) 567-2103
34 in this area
230 Total Sales
-
Elizabeth Shapiro
Buyer's Agent in 2020
Elizabeth Shapiro
Porter
(480) 646-3480
1 in this area
24 Total Sales
-
Michael Pedenko
Buyer Co-Listing Agent in 2020
Michael Pedenko
Porter
(480) 330-4564
1 in this area
15 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6918489
APN: 405-33-481V
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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