
Gilbert, AZ 85295
This Spacious Ashland Ranch Residence is a Strong Value Opportunity, listed at $640,000—positioned well below the $689,905 Fair Market Value by 7%. This valuation gap provides $49,905 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the home features a private pool, a versatile air-conditioned bonus room, and significant capital improvements including new HVAC systems and upgraded windows. Located within walking distance of top-rated Ashland Elementary, it perfectly balances lifestyle amenities 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 |
|---|---|---|---|---|---|---|
★ 1200 E CARLA VISTA Drive Subject | $640,000* List Price | 4 | 3 | 2,468 | $280 | - |
A 1464 E HARRISON Street Sold | $655,000 | 5 | 3 | 2,577 | $254 | 0.5 mi |
B 1954 S MARBLE Street Sold | $628,000 | 4 | 2 | 2,198 | $286 | 0.3 mi |
C 1528 E HARRISON Street Sold | $625,000 | 3 | 2 | 2,103 | $297 | 0.5 mi |
D 2699 S BUTTE Lane Sold | $699,000 | 4 | 3 | 2,375 | $294 | 0.7 mi |
E 1066 E BART Street Sold | $583,000 | 3 | 2 | 2,036 | $286 | 0.3 mi |
F 1785 S MORRISON Lane Sold | $690,000 | 4 | 3 | 2,856 | $242 | 0.5 mi |
G 2065 S PORTER Street Active | $689,900 List Price | 4 | 2 | 2,318 | $298 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1999-built home is in move-in ready condition and has been exceptionally well-maintained. While the kitchen cabinetry and countertops reflect an older style, the property features significant recent capital improvements including new HVAC systems with air purification, new upstairs windows, and newer stainless steel appliances. The interior shows minimal wear with updated wood-look flooring in the living areas and modern ceiling fans throughout. The conversion of the third garage into a finished bonus room and the overall cleanliness of the property justify a 'good' rating, as major systems are updated and no immediate renovations are required.
The property features high-value recent upgrades including new HVAC systems with HALO air purification, new upstairs windows, and newer appliances, significantly reducing immediate maintenance costs for the buyer.
The thoughtful conversion of the third garage into a fully air-conditioned bonus room provides essential flexibility for a home office, gym, or flex space without compromising the main floor plan.
Situated on a generous 9,228 sqft lot, the home offers a complete Arizona outdoor lifestyle with a private pool, covered patio, and a rare primary suite balcony.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2468, other record living area = 2288.
The conversion of the third garage stall into a bonus room limits covered parking to two spaces, which may be a disadvantage for households with multiple vehicles or significant storage needs.
Built in 1999, while many systems are updated, certain original structural elements or aesthetic finishes may be approaching the end of their functional lifespan compared to newer builds in the area.
Welcome to this beautifully maintained 4-bedroom, 2.5-bath home located in the desirable and well-kept Ashland Ranch community. Situated on a large lot, this property offers a spacious backyard complete with a pool and covered patio space. The third garage has been thoughtfully converted into a fully air-conditioned bonus room, ideal for a home office, gym or flex space to suit your needs. The primary suite features a private balcony, providing a peaceful retreat. Recent upgrades include new HVAC systems with a HALO air purification system, newer appliances, all new upstairs windows and sliding doors to the upstairs balcony and downstairs patio, plus more. Sellers open to providing concessions towards buyer's closing costs or rate buy-down with acceptable offer!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 7-8 • 0.5 mi
Grades 8-12 • 2.2 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 | 2,468 | 2,136 | 65% |
| Lot Size | 9,228 | 7,500 | 71% |
| Price | $640.0K | $410.0K | 82% |
| Price per sq ft | $259 | $214 | 66% |
| Built year | 1999 | 2004 | 13% |
| HOA | $253 | $125 | 87% |
| Days on market | 55 | 2472 | 1% |
Feb 26, 2026
$640,000
Initial Listing