1201 W WASHINGTON Avenue, Gilbert, AZ 85233, Gilbert, 85233 - 5 bed, 4 bath
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Gilbert, AZ 85233
This Fully Renovated Gilbert Luxury Residence is a Prime Investment Opportunity, listed at $850,000—positioned well below the $877,480 Fair Market Value by 3%. This valuation gap provides $27,480 in Instant Equity. Boasting a Mint Condition Rating, the home features a brand-new roof, HVAC, and a modern quartz kitchen. The massive 16,832 sqft lot includes a sparkling pool and RV gates. Near Playa Del Rey Elementary and Mesquite High, this turnkey sanctuary is an exceptional acquisition for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1201 W WASHINGTON Avenue Subject | $850,000* List Price | 5 | 4 | 2,876 | $305 | - |
A 1042 W NEWPORT BEACH Drive Active | $685,000 List Price | 4 | 3 | 2,493 | $275 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <2 years) including a brand new kitchen with quartz countertops, fully updated modern bathrooms with high-end fixtures, and new flooring throughout. Major systems have also been replaced, specifically a new roof and new HVAC, placing it in mint condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16832, living area = 2876.
The property features a brand-new roof, new AC system, and all-new flooring, significantly reducing immediate maintenance concerns and providing high value for the price point.
A fully renovated kitchen with quartz countertops and stainless steel appliances, paired with vaulted ceilings and a multi-slider door, creates a contemporary and airy move-in-ready environment.
The assigned middle and high schools carry a rating of 4, which may be a drawback for families specifically seeking the top-tier educational districts Gilbert is often known for.
Despite the modern cosmetic updates, the 1994 construction may still retain some traditional layout constraints compared to the wide-open floor plans found in newer luxury developments.
This fabulous two-story residence has it all, with 5 bedrooms, 3 baths + powder room, a 3-car garage & RV gates! NEW AC, NEW ROOF, ALL NEW FLOORING, and MULTI-SLIDER. Fall in love with the bright and airy layout, featuring new wood-look flooring, soaring vaulted ceilings that make it feel even more spacious, plantation shutters for a timeless charm, a fireplace to ensure cozy winter evenings, and a soothing palette that makes you want to stay. A brand new kitchen awaits your culinary adventures, equipped with plentiful storage cabinetry, tile backsplash, SS appliances, and a quartz peninsula with a breakfast bar, perfect for casual meals. Primary suite offers a bathroom with dual sinks and a separate shower & tub, plus a walk-in closet for effortless organization. Your backyard oasis is complete with a covered patio with pavers, where you can enjoy a refreshing drink, ample seating space with a serene landscape, and a sparkling pool for fun times! Truly a must-see!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 6-8 • 1.3 mi
Grades 8-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 2,876 | 1,983.5 | 84% |
| Lot Size | 16,832 | 7,423 | 98% |
| Price | $850.0K | $215.0K | 92% |
| Price per sq ft | $296 | $100 | 76% |
| Built year | 1994 | 1994 | 50% |
| HOA | $585 | $104 | 98% |
| Days on market | 44 | 2502 | 1% |
Apr 24, 2026
$850,000
Initial Listing
Nov 24, 1993
$121,052
Public Record