1152 E DEVON Drive, Gilbert, AZ 85296, Gilbert, 85296 - 3 bed, 2 bath
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Gilbert, AZ 85296
This Single Family Residence is a High-Potential Investment Opportunity, listed at $485,000—positioned well below the $510,004 Fair Market Value by 4%. This valuation gap offers $25,004 in Instant Equity. With a Condition Rating of 3, the home features Owned Solar, a Granite Kitchen, and a Private Pool. Located near top-rated schools like Mesquite Elementary, this property balances lifestyle appeal with financial upside. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-driven Gilbert home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1152 E DEVON Drive Subject | $485,000* List Price | 3 | 2 | 1,479 | $345 | - |
A 960 E SARATOGA Street Sold | $465,000 List Price | 4 | 2 | 1,656 | 0.7 mi | |
B 1157 E TEMPLE Court Sold | $510,000 | 3 | 2 | 1,683 | $303 | 0.2 mi |
C 1145 E WINDSOR Drive Active | $474,900 List Price | 3 | 2 | 1,620 | $293 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2000 (24 years old), the home is well-maintained and move-in ready. It features key updates including granite countertops, stainless steel appliances, and modern flooring in the bedrooms. The inclusion of owned solar and a functional, high-quality outdoor living space with a pool elevates it above the 'Fair' category despite the original construction age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7040, living area = 1479.
The property features a complete backyard oasis including a sparkling pool, built-in BBQ with a bar, and a fire pit, making it ideal for Arizona's outdoor lifestyle.
The inclusion of owned solar panels provides a significant financial advantage by reducing monthly utility costs and increasing the home's long-term value.
With under 1,500 square feet of living area, the home may feel small for buyers looking for more expansive common areas or larger secondary bedrooms.
The description's mention of 'personal touches' and 'solid bones' suggests that some interior finishes may be dated and require additional buyer investment.
Welcome to this Gilbert home offering the perfect blend of comfort, functionality, and Arizona outdoor living. With solid bones and a spacious layout, this home presents an excellent opportunity to add your own personal touches. Inside, you'll find a thoughtfully designed kitchen featuring granite countertops, stainless steel appliances, and ample workspace. The split floorplan offers privacy, with a generous primary suite complete with a walk-in closet, dual sinks, and a flexible bonus space--ideal for a home office, workout area, or retreat. Step outside to your private backyard oasis. Enjoy sunny Arizona days in the sparkling pool, unwind under the covered patio, or host gatherings with the built-in BBQ and bar. he fire pit adds the perfect touch for year-round enjoyment. Offering both livability and potential, this home is a great opportunity in a highly desirable Gilbert location. Bonus: Owned solar!
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-8 • 1.3 mi
Grades 8-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,479 | 2,089 | 13% |
| Lot Size | 7,040 | 6,904 | 51% |
| Price | $485.0K | $390.0K | 67% |
| Price per sq ft | $328 | $202 | 91% |
| Built year | 2000 | 2000 | 50% |
| HOA | $198 | $139 | 65% |
| Days on market | 30 | 3072 | 1% |
May 9, 2026
$485,000
Initial Listing
Jan 22, 2001
$140,903
Public Record