1220 N CAYMAN Drive, Gilbert, AZ 85234, Gilbert, 85234 - 3 bed, 2 bath
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Gilbert, AZ 85234
This Single Family Residence represents a Strong Value Opportunity, listed at $599,900—positioned well above the $584,379 Fair Market Value by -2%. While priced slightly above market, the property offers significant lifestyle appeal within the prestigious Val Vista Lakes community. Featuring a 3-car garage, spacious covered patio, and a functional open-concept layout, the home maintains a Fair Condition Rating with partial kitchen updates. It is an ideal acquisition for Owner-Occupants seeking resort-style amenities or first-time buyers looking to establish roots in a desirable East Valley neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1220 N CAYMAN Drive Subject | $599,900* List Price | 3 | 2 | 2,114 | $276 | - |
A 2333 E EGRET Court Sold | $570,000 | 4 | 2 | 2,331 | $245 | 0.2 mi |
B 1067 N PLYMOUTH Court Sold | $492,000 List Price | 3 | 2 | 1,836 | 0.2 mi | |
C 1309 N JAMAICA Way Sold | $585,000 | 4 | 3 | 2,132 | $274 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, the home is over 30 years old. While the kitchen has been partially updated with granite countertops and stainless steel appliances, the oak cabinetry and overall aesthetic are dated. The property is well-maintained but falls into the fair category as it likely requires minor cosmetic updates to meet modern standards.
Located in the prestigious Val Vista Lakes, the property offers access to world-class amenities including a community pool, spa, tennis and pickleball courts, and scenic biking paths.
The home is situated on a generous 7,910 sqft corner lot and features a rare 3-car garage, providing significant privacy and ample space for vehicles and storage.
With 2,114 sqft of living space, the bright, open-concept floorplan and large kitchen are perfectly designed for modern entertaining and family comfort.
Built in 1992, the property may soon require capital improvements for major systems such as the roof or HVAC if they have not been recently updated.
While the elementary schools are highly rated, the assigned high school has a lower rating of 5, which may be a concern for education-focused families.
Welcome to Val Vista Lakes -- one of Gilbert's most desirable communities! This stunning 3BD/2BA corner lot home features an open-concept floorplan with a large, bright kitchen perfect for entertaining. The 3-car garage offers plenty of room for vehicles and storage. Out back, enjoy a spacious covered patio and lush grass yard -- your own private retreat. Val Vista Lakes offers resort-style amenities including a community pool & spa, tennis and pickleball courts, and scenic walking and biking paths. Located just minutes from top shopping, restaurants, and entertainment including Fat Cats. Comfort, style, and lifestyle all in one! Don't miss out on this great opportunity to own in one of the most sought after communities in the East Valley!
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 1.3 mi
Grades 7-8 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 2,114 | 2,075.5 | 52% |
| Lot Size | 7,910 | 6,839 | 72% |
| Price | $599.9K | $454.8K | 87% |
| Price per sq ft | $284 | $233 | 72% |
| Built year | 1992 | 1994 | 43% |
| HOA | $158 | $82 | 78% |
| Days on market | 31 | 2540 | 1% |
May 7, 2026
$599,900
Initial Listing