
Gilbert, AZ 85296
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $495,500—positioned well above the $424,904 Fair Market Value by -16%. While the property requires a premium, its Fair Condition Rating and turnkey status—featuring new tile and professional paint—offer immediate move-in readiness. Located in the Settlers Meadow community near top-rated schools like Settlers Point Elementary, this home provides a stable lifestyle for Owner-Occupants or first-time buyers seeking a well-maintained, low-maintenance property in a prime Gilbert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1225 S SIERRA Street Subject | $495,500* List Price | 3 | 2 | 1,414 | $300 | - |
A 1255 S LA ARBOLETA Street Sold | $480,000 List Price | 3 | 2 | 1,825 | 0.1 mi | |
B 225 E SHEFFIELD Court Sold | $570,000 | 3 | 2 | 1,849 | $308 | 0.3 mi |
C 527 E Kyle Court Active | $459,500 List Price | 3 | 2 | 1,401 | $328 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1995 (29 years old) and retains its original oak cabinetry and dated kitchen configuration. While the home is well-maintained, professionally cleaned, and features newer tile and paint, the core systems and aesthetics are over 20 years old without a major renovation, placing it in the 'Fair' category due to the need for modern updates.
Situated in the desirable Settler's Meadow community, the home is minutes from Downtown Gilbert's vibrant dining and entertainment district and within walking distance to Settlers Point Elementary.
The property features fresh professional paint, new blinds, and uniform tile flooring throughout, offering a low-maintenance, move-in-ready experience for buyers.
Occupying a spacious corner lot with professional landscaping and vaulted ceilings inside, the home offers enhanced privacy and a more open, airy feel than standard interior lots.
Built in 1995, the property may soon require significant capital investment for major systems such as the roof or HVAC if they are original to the home.
At 1,414 square feet for a three-bedroom layout, the interior footprint may feel restrictive for families or buyers prioritizing large secondary bedrooms or expansive common areas.
Location , Location!!Beautiful Corner Lot Home in Settlers Meadow Community. This beautiful property offers 3 bedroom 2 bathroom and 2 car Garage in a Corner lot. Open floorplan with vaulted ceilings and fireplace. Tile through out including all bedrooms.. Master Bedroom has big walk in closet, nice sized rooms. Professionally painted and cleaned. Nice landscaping , front and back. New blinds through out. Close to downtown Gilbert and Gilbert civic center where you can enjoy many nice restaurants , shops, gyms, post office, movie theaters and many other amenities.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,414 | 2,028 | 15% |
| Lot Size | 6,020 | 6,897.5 | 35% |
| Price | $495.5K | $0 | 70% |
| Price per sq ft | $350 | $0 | 94% |
| Built year | 1995 | 1999 | 14% |
| HOA | $49 | $135 | 17% |
| Days on market | 10 | 3131 | 1% |
Jun 4, 2026
$495,500
Initial Listing