Pleasant Valley Airport (ICAO: P48) was a privately owned public-use airport located in Peoria, in Maricopa County, Arizona, United States. The airport long since serviced small aircraft into the Lake Pleasant Regional Park area, however, in 2022 it was closed due to the lease for the land (on state Trust Land) not being renewed.

Pleasant Valley Airport covered an area of 100 acres (40 ha) at an elevation of 1,580 feet (480 m) above mean sea level. It had four dirt runways:

• 5L/23R measuring 4,200 x 100 feet (1,280 x 30 m)
• 5C/23C measuring 4,200 x 100 feet (1,280 x 30 m)
• 5R/23L measuring 4,200 x 100 feet (1,280 x 30 m)
• 14/32 measuring 2,400 x 100 feet (732 x 30 m)

For the 12-month period ending April 24, 2008, the airport had 75,000 general aviation aircraft operations, an average of 205 per day. At that time there were 19 aircraft based at this airport: 14 single-engine and 5 ultralight.

• List of airports in Arizona

• Resources for this airport:
  • FAA airport information for P48
  • AirNav airport information for P48
  • FlightAware airport information and live flight tracker
  • SkyVector aeronautical chart for P48