1099 E SOURWOOD Drive, Gilbert, AZ 85298, Gilbert, 85298 - 4 bed, 3 bath
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Gilbert, AZ 85298
This Modern Turnkey Residence is a Strong Value Opportunity, listed at $670,000—positioned well below the $729,241 Fair Market Value by 8%. This valuation gap provides $59,241 in Instant Equity for the incoming buyer. Boasting a Pristine Condition Rating, the home features a renovated chef's kitchen, owned solar, and a private pool with an RV gate. Located in the desirable Felty Farms community and zoned for top-rated schools like Perry High (9/10), it balances financial upside with a premium lifestyle. This is an ideal acquisition for Owner-Occupants or growing families seeking immediate wealth-building.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1099 E SOURWOOD Drive Subject | $670,000* List Price | 4 | 3 | 2,414 | $302 | - |
A 5142 S MCMINN Drive Sold | $825,000 | 4 | 3 | 2,867 | $288 | 0.5 mi |
B 5142 S McMinn Street Sold | $825,000 | 4 | 3 | 2,856 | $289 | 0.5 mi |
C 5880 S BOULDER Street Sold | $799,373 List Price | 4 | 4 | 3,309 | 0.7 mi | |
D 1517 E RAKESTRAW Lane Sold | $789,900 | 4 | 3 | 2,939 | $269 | 0.5 mi |
E 5519 S SANDSTONE Street Sold | $510,000 List Price | 3 | 3 | 1,976 | 0.1 mi | |
F 1478 E LODGEPOLE Drive Active | $800,000 List Price | 4 | 3 | 2,364 | $338 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2012 and featuring extensive recent renovations, the property is in pristine condition. The interior boasts modern wood-look flooring, a contemporary chef's kitchen with white cabinetry and stainless steel appliances, and updated bathrooms with stylish fixtures and barn doors. With high-value additions like owned solar and a well-maintained backyard oasis, the home meets current quality standards with no visible deferred maintenance.
High School: Perry High School (9/10).
The inclusion of an owned solar system provides significant long-term value and substantial utility cost savings, which is a major selling point in the Arizona climate.
The property features a complete backyard oasis with an in-ground pool, covered patio, and a sought-after RV gate, catering perfectly to the local lifestyle.
At 6,704 sq. ft., the lot may feel somewhat crowded once the pool and RV gate are factored in, leaving limited traditional yard space for pets or play.
The multi-level layout with a loft may be a drawback for buyers specifically seeking the accessibility and ease of a single-story residence.
Welcome to 1099 E Sourwood Dr, a fantastic home in the desirable community of Felty Farms. Four bedrooms, with a den and a loft and has a great pool! Plantation shutters. The kitchen is a chef's dream with an accent backsplash, all stainless steel appliances, and a kitchen island perfect for meal prep or casual dining. The primary bedroom is a sanctuary with a spacious walk-in closet. The primary bathroom features double sinks, providing plenty of space for personal care routines. Outside, a covered patio and fenced-in backyard ensures seclusion, you'll find a in-ground pool, perfect for cooling off on hot summer days. RV gate. Owned solar. This home is a true gem waiting for its new owner. Included 100-Day Home Warranty with buyer activation
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 7-8 • 3.9 mi
Grades 8-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,414 | 2,351 | 57% |
| Lot Size | 6,704 | 8,170 | 26% |
| Price | $670.0K | $519.5K | 69% |
| Price per sq ft | $278 | $260 | 59% |
| Built year | 2012 | 2006 | 63% |
| HOA | $120 | $255 | 24% |
| Days on market | 43 | 2499 | 1% |
Mar 11, 2026
$670,000
Initial Listing