1038 S PALOMINO CREEK Drive, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 2 bath
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Gilbert, AZ 85296
This Premium Golf Course Residence represents a High-Potential Investment Opportunity, with a List Price of $625,000—positioned well below the $763,349 Fair Market Value by 18%. This valuation gap secures $138,349 in Instant Equity for the buyer. Maintaining a Good Condition Rating, the home features a Heated Pool, Outdoor Kitchen, and a Prepaid Solar System with zero monthly payments. Located in a top-rated school district near the Western Skies Golf Club, this is an exceptional acquisition for Owner-Occupants seeking lifestyle luxury or Buy-and-Hold Investors targeting high-equity assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1038 S PALOMINO CREEK Drive Subject | $600,000* List Price | 4 | 2 | 2,131 | $294 | - |
A 535 S Lemon Court Sold | $630,000 | 4 | 2 | 2,124 | $297 | 0.8 mi |
B 1187 S HAZEL Street Sold | $565,000 | 4 | 3 | 1,893 | $298 | 0.5 mi |
C 1187 S HAZEL Street Sold | $565,000 | 4 | 3 | 1,893 | $298 | 0.5 mi |
D 1645 E ORANGEWOOD Street Active | $575,000 List Price | 4 | 2 | 2,159 | $266 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with significant updates including quartz countertops, stainless steel appliances, and large-format tile flooring throughout. While the cabinetry in the kitchen and bathrooms reflects the original 1996 style, the home features a premium renovated backyard with a heated pool and outdoor kitchen, along with modern systems like a prepaid solar array and EV charging in the garage.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9095, living area = 2131.
The property features a prime location backing directly to the first hole fairway, complemented by a high-end outdoor living space with a heated pool, putting green, and outdoor kitchen.
A prepaid solar system with no monthly payments, combined with custom sunscreens and EV charging, offers significant long-term utility savings for the homeowner.
Backing directly onto the first hole fairway may result in occasional stray golf balls and reduced backyard privacy during peak golfing hours.
Built in 1996, some original structural elements or major mechanical systems may be approaching the end of their functional lifespan despite the interior cosmetic updates.
Single-story 4-bedroom, 2-bathroom home in Western Skies Estates in Gilbert, Arizona, on a premium ~0.21-acre lot backing directly to the first hole fairway of the Western Skies Golf Club. This 2,131-square-foot residence was built for the way people actually live in Arizona: open-concept kitchen with quartz countertops, a center island with bar seating, stainless steel appliances, and direct views of the heated pool and golf course through multiple rear-facing windows. Soaring vaulted ceilings and large-format tile flooring run throughout with no carpet! A dedicated game room with a built-in bar and a second full-size refrigerator ideal for entertaining. The primary suite features a vaulted ceiling, a walk-in closet with built-in shelving, and a dual-sink en suite with a soaking tub and a separate walk-in shower. Three additional bedrooms each include ceiling fans and ample space for guests or a home office. The 3-car attached garage with EV charging has an extended driveway and an owned whole-home water softener system. The backyard is a complete outdoor living environment: a heated pebble-finish play pool with travertine and stone decking, a private mini putting green, and a covered patio with structural columns and an outdoor kitchen, all set along the first-hole fairway with stunning sunset views. Custom sunscreens and a roller shield optimize energy efficiency while maintaining views and a light, bright interior. The solar system has also been prepaid by the seller, and a maintenance agreement is included in the lease. The buyer has no monthly solar payments and avoids the costly maintenance expenses that come with an owned system. The solar is also connected to the pool, keeping utility costs low year-round. The home can also be sold fully furnished for a true turnkey purchase. Western Skies Estates has a super low HOA of $160 per quarter (approximately $53 per month), far less than other golf course communities in this sought-after 85296 zip code. Mulligan's Bar & Grill and the renovated Western Skies Golf Club are within walking distance. Zoned for Greenfield Elementary, South Valley Junior High, and Highland High School in the "A"-rated Gilbert Public Schools district. Located in Gilbert, AZ 85296, minutes from the Price Road Corridor, San Tan Village, and the US-60 and Loop 202 freeways.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-8 • 1.4 mi
Grades 8-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 2,131 | 2,089 | 52% |
| Lot Size | 9,095 | 6,821 | 83% |
| Price | $600.0K | $445.0K | 77% |
| Price per sq ft | $282 | $232 | 72% |
| Built year | 1996 | 2001 | 21% |
| HOA | $160 | $140 | 62% |
| Days on market | 13 | 2486 | 1% |
Apr 16, 2026
$600,000
$625,000
-4% Price Drop
Initial Listing
Apr 9, 2026
$625,000
Initial Listing