1224 S CORRINE Drive, Gilbert, AZ 85296, Gilbert, 85296 - 3 bed, 2 bath
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Gilbert, AZ 85296
This Single-Story Residential Home is a Strong Value Opportunity, listed at $515,000—positioned well below the $517,815 Fair Market Value by 0.54%. This valuation gap offers $2,815 in Instant Equity for the buyer. Featuring a Condition Rating of 3 with modern wood-look tile and updated kitchen cabinetry, the property is move-in ready. Located just 0.17 miles from Settlers Point Elementary, it offers a prime location for Buy-and-Hold Investors or Owner-Occupants seeking a stable, well-maintained asset in Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1224 S CORRINE Drive Subject | $515,000* List Price | 3 | 2 | 1,825 | $284 | - |
A 1143 S LARKSPUR Street Sold | $505,000 | 3 | 2 | 1,549 | $326 | 0.2 mi |
B 838 E CATHY Drive Sold | $464,500 | 3 | 2 | 1,370 | $339 | 0.4 mi |
C 1086 E ARABIAN Drive Sold | $445,000 | 3 | 2 | 1,544 | $288 | 1.0 mi |
D 725 E LIBERTY Lane Sold | $589,900 | 4 | 2 | 1,715 | $344 | 0.5 mi |
E 225 E SHEFFIELD Court Sold | $570,000 | 3 | 2 | 1,849 | $308 | 0.3 mi |
F 744 E APPALOOSA Road Sold | $429,000 | 3 | 2 | 1,288 | $333 | 0.8 mi |
G 891 E SHERRI Drive Sold | $492,500 | 3 | 3 | 2,041 | $241 | 0.5 mi |
H 558 E DEVON Drive Pending | $489,900 List Price | 3 | 2 | 1,655 | $296 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1995, the property has undergone significant interior renovations within the last 5-15 years. The kitchen features updated white cabinetry, stone countertops, and stainless steel appliances. Modern wood-look tile flooring has been installed throughout the main living areas, and the home appears well-maintained and move-in ready, though some original 1990s elements like closet doors and bathroom layouts remain.
The 1,825 sq ft single-story floor plan offers a seamless open-concept design that is highly desirable for its accessibility and efficient use of space.
Situated on a corner lot, the property provides enhanced privacy, a unique footprint, and increased curb appeal within the Settler's Meadow community.
Located just 0.17 miles from Settlers Point Elementary, this home offers exceptional convenience for families, supported by solid local school ratings.
Built in 1995, the property may require cosmetic or functional updates to compete with newer inventory in the Gilbert market.
The 5,985 sq ft lot is relatively modest, which may limit outdoor amenities or backyard space for buyers seeking larger private grounds.
Settlers Meadow 1,825 sq ft single-story home is situated on a corner lot, offering convenient access & ample space. The property features 3 well-appointed bedrooms and 2 full baths, providing comfortable living accommodations. The formal dining area offers a designated space for gatherings and meals, while the formal living room provides a welcoming area for relaxation and entertainment. The great location of this home ensures easy access to a variety of community amenities & resources. The single-story layout of the home offers streamlined accessibility & a comfortable, open-concept design. The corner lot placement provides additional privacy & a unique property footprint. The 3 bedrooms and 2 bathrooms are thoughtfully arranged to optimize the usage of space & flow throughout the home.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades 7-8 • 1.1 mi
Grades 8-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,825 | - |
| Lot Size | 5,985 | - |
| Price | $515.0K | $554.5K |
| Price per sq ft | $282 | $287 |
| Built year | 1995 | 0 |
| HOA | $49 | $0 |
| Days on market | 47 | 2717 |
Jun 5, 2026
$515,000
Initial Listing