1015 E LIBERTY Lane, Gilbert, AZ 85296, Gilbert, 85296 - 5 bed, 3 bath
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Gilbert, AZ 85296
This Spacious Gilbert Residence is a Strong Value Opportunity, listed at $799,900—positioned well below the $880,177 Fair Market Value by 9%. This valuation gap secures $80,277 in Instant Equity for the buyer. Maintained in Good Condition, the home features a versatile floor plan with a downstairs suite and a resort-style backyard including a pool and spa on a 13,630-square-foot lot. Located near highly-rated schools like Mesquite Elementary, it balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1015 E LIBERTY Lane Subject | $799,900* List Price | 5 | 3 | 3,518 | $222 | - |
A 1415 E BLACK DIAMOND Drive Sold | $675,000 | 4 | 3 | 3,102 | $218 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership with significant cosmetic updates. It features modern wide-plank flooring throughout the main living areas, fresh interior paint, and updated recessed lighting. While the cabinetry in the bathrooms reflects a more traditional style consistent with the 1996 build, they have been maintained well and paired with upgraded stone countertops. The overall condition is clean and functional with no immediate repairs visible.
With 3,518 square feet and five bedrooms, including a dedicated downstairs suite, the home offers exceptional flexibility for multi-generational living, guests, or a home office.
The property sits on a generous 13,630-square-foot lot featuring a professionally designed backyard oasis, providing rare outdoor space and privacy for entertaining in a suburban setting.
Situated in the desirable Lindsay Ranch community, the home is conveniently located near top-rated schools and local amenities, making it a highly sought-after address for families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1996, the home may require updates to its original finishes and mechanical systems to meet the aesthetic and efficiency standards of modern luxury buyers.
The combination of a large 3,500+ square foot interior and an expansive landscaped lot will likely result in higher utility costs and significant ongoing maintenance requirements.
Welcome home to space, a large lot, and a backyard you may never want to leave. This beautiful 5-bedroom, 3 full bathroom home in Gilbert offers the perfect blend of comfort and room to grow. The downstairs bedroom is perfect for guests or a next gen space. This spacious and flexible floor plan, make it easy to gather, while still offering quiet corners to relax and unwind. Step outside and you'll discover what truly sets this home apart: a large lot with an oasis-like backyard designed for both entertaining and everyday enjoyment. If you've been looking for space, warmth, and a home in a prime Gilbert location, this is it!
No exterior & parking available.
Grades PK-6 • 1.5 mi
Grades 7-8 • 0.7 mi
Grades 8-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,518 | 2,089 | 93% |
| Lot Size | 13,630 | 6,904 | 93% |
| Price | $799.9K | $390.0K | 92% |
| Price per sq ft | $227 | $202 | 57% |
| Built year | 1996 | 1999 | 23% |
| HOA | $170 | $139 | 64% |
| Days on market | 90 | 3072 | 1% |
Mar 10, 2026
$799,900
Initial Listing