1128 S OLYMPIC Drive, Gilbert, AZ 85296, Gilbert, 85296 - 3 bed, 2 bath
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Gilbert, AZ 85296
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $438,000—positioned well below the $459,409 Fair Market Value by 4%. This valuation gap offers $21,409 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and new tile flooring. Located adjacent to a Community Greenbelt and zoned for Top-Rated Schools like Williams Field High, this property is an ideal sanctuary for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1128 S OLYMPIC Drive Subject | $438,000* List Price | 3 | 2 | 1,744 | $263 | - |
A 3782 E JASPER Drive Sold | $404,080 | 3 | 2 | 1,357 | $298 | 0.4 mi |
B 1444 S LONGSPUR Lane Sold | $407,000 | 3 | 3 | 1,533 | $265 | 0.5 mi |
C 4142 E SHEFFIELD Avenue Sold | $385,000 List Price | 3 | 3 | 1,533 | 0.3 mi | |
D 4040 E RANCH Road Sold | $525,000 | 4 | 3 | 2,270 | $231 | 0.3 mi |
E 4144 E DEVON Drive Active | $450,000 List Price | 3 | 2 | 1,837 | $245 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008 (18 years old), the property is well-maintained and move-in ready. It features recent cosmetic updates including brand-new tile flooring and fresh paint. The kitchen and systems appear functional and original to the mid-2000s construction, with granite countertops and stainless steel appliances providing a modern feel within the 10-20 year age bracket.
The home features brand-new, premium USA-made tile flooring throughout and fresh interior paint, providing a modern, move-in-ready aesthetic that eliminates the need for immediate renovation.
Nestled directly beside a lush community greenbelt, the property offers enhanced privacy and immediate access to open recreational space, which is a significant advantage in suburban Gilbert.
The property is zoned for highly-rated schools, including Williams Field High School, and is located within walking distance (0.15 miles) of Cooley Middle School, adding long-term value for families.
At 4,500 square feet, the lot is relatively small, which may limit outdoor activities or the potential to add a private pool or large garden.
The $152 association fee adds a mandatory monthly carrying cost that budget-conscious buyers must factor into their overall housing affordability.
Welcome to this beautifully updated 3-bedroom, 2-bathroom single-story home in one of Gilbert's most desirable family-friendly communities. Nestled beside a lush community greenbelt, this home provides a wonderful setting for families to enjoy outdoor activities and open space. Recent upgrades include fresh interior paint and brand-new, premium USA-made tile flooring throughout the entire home, creating a modern and move-in-ready living space. The spacious kitchen features elegant granite countertops, upgraded 41-inch cabinetry, and ample storage for everyday living and entertaining. With its prime location, thoughtful updates, and exceptional value, this home is priced to sell and presents an outstanding opportunity for buyers. Don't miss your chance to own this beautiful Gilbert home!
No exterior & parking available.
Grades 7-8 • 0.2 mi
Grades PK-8 • 1.3 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,744 | - |
| Lot Size | 4,500 | - |
| Price | $438.0K | $554.5K |
| Price per sq ft | $251 | $287 |
| Built year | 2008 | 0 |
| HOA | $152 | $0 |
| Days on market | 46 | 2717 |
Jun 6, 2026
$438,000
Initial Listing