1201 W SAND HILLS Court, Gilbert, AZ 85233, Gilbert, 85233 - 4 bed, 3 bath
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Gilbert, AZ 85233
This split-level residence represents a High-Potential Investment Opportunity, listed at a List Price of $520,000—positioned well below the $535,313 Fair Market Value by 2%. This valuation gap offers $15,313 in Instant Equity. Featuring a Condition Rating of 4, the home offers a spacious 2,255 sqft layout on an over-sized cul-de-sac lot with a large covered patio. Located near highly-rated Islands Elementary, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1201 W SAND HILLS Court Subject | $520,000* List Price | 4 | 3 | 2,255 | $237 | - |
A 568 S GOLDEN KEY Street Sold | $480,000 List Price | 4 | 3 | 2,018 | 0.8 mi | |
B 590 S NEELY Street Sold | $539,000 | 4 | 2 | 2,123 | $254 | 1.0 mi |
C 510 W Amoroso Drive Sold | $545,000 | 4 | 2 | 1,942 | $281 | 1.0 mi |
D 638 W Sierra Madre Avenue Sold | $540,000 | 3 | 2 | 2,058 | $262 | 0.7 mi |
E 567 W SPUR Avenue Active Under Contract | $558,787 List Price | 4 | 3 | 2,379 | $235 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (40 years old), the property is dated despite some cosmetic updates. While it features newer flooring and stainless steel appliances, the presence of popcorn ceilings, older cabinet styles, and original layout indicates it needs modernization to meet current standards.
The property is situated on an over-sized cul-de-sac lot within the desirable Islands community, offering enhanced privacy and a larger outdoor footprint than standard neighboring parcels.
With 2,255 square feet, vaulted ceilings, and four bedrooms, the home provides a versatile and airy floor plan that is well-suited for families and entertaining.
The home features excellent curb appeal with low-maintenance landscaping and a large covered back patio, perfect for enjoying the Arizona climate with minimal upkeep.
Built in 1986, the property may require cosmetic updates or modernizations to its systems and finishes to compete with newer or fully renovated homes in the area.
The $401 association fee represents a significant recurring expense that may impact the overall monthly affordability for budget-conscious buyers.
Beautiful, split level home on over-sized cul-de-sac lot. Vaulted ceilings, walk-in closets, ceiling fans, and a family room fireplace make this home move-in ready. This home has great curb appeal with low maintenance and a large covered patio in the back yard. Highly rated Gilbert Public Schools, convenient shopping, & nearby freeway access complete this desirable Islands Community home.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades PK-6 • 1.2 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 2,255 | 1,963 | 68% |
| Lot Size | 7,933 | 7,340 | 61% |
| Price | $520.0K | $215.0K | 64% |
| Price per sq ft | $231 | $100 | 59% |
| Built year | 1986 | 1994 | 5% |
| HOA | $401 | $102 | 97% |
| Days on market | 18 | 2464 | 1% |
May 19, 2026
$520,000
Initial Listing