1271 E CANYON CREEK Drive, Gilbert, AZ 85296, Gilbert, 85296 - 6 bed, 3 bath
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Gilbert, AZ 85296
This Spacious Upgraded Residence is a High-Potential Investment Opportunity, with a List Price of $725,000—positioned well below the $1,021,164 Fair Market Value by 29%. This massive valuation gap secures $296,164 in Instant Equity for the buyer. Featuring a Move-in Ready Condition Rating, the 6-bedroom interior includes a granite kitchen and maple cabinetry, while the exterior offers a private pool and greenbelt view. Located near Spectrum Elementary (Rating 7), this home perfectly balances lifestyle luxury with financial upside. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Property is move-in ready.
The property is move-in ready and well-maintained, fitting the criteria for a home built approximately 20 years ago with meaningful updates. The kitchen features upgraded granite countertops and stainless steel appliances, while the main living areas have been updated with modern wood-look flooring. The bathrooms and cabinetry appear to be original but are in clean, functional condition. The exterior, including the pool and landscaping, shows pride of ownership and requires no immediate renovation.
The spacious backyard is an entertainer's dream, featuring a private pool, pavers, lush grass, and mature fruit trees, providing a perfect retreat for Arizona living.
Situated with no rear neighbors and only one single-story neighbor, the property backs onto a green belt and is ideally located near the 202 freeway and top-rated schools.
Boasting 6 bedrooms and over 3,000 sqft, this home offers ample space for large families, complemented by high-end finishes like granite countertops and maple cabinetry.
The home's immediate proximity to a children's play area and a nearby school may result in increased daytime noise and local traffic during drop-off and pick-up hours.
Built in 2004, the property is approaching a timeframe where major systems such as the roof or HVAC units may require significant maintenance or replacement if not already updated.
Welcome to this beautifully upgraded 6-bedroom, 3-bath home ideally located near the 202 and close by to so much including shopping and nearby restaurants. Spectrum is one of Gilbert's most sought-after communities with parks, tennis courts, and more. With only one single-story neighbor and no rear neighbor with a large green belt behind it also sits besides a children's play area, and close to school! The spacious backyard is an entertainer's dream, featuring a gorgeous pool, pavers, citrus and fruit trees, and lush grass. Inside, enjoy maple cabinets, granite countertops, tile flooring, upgraded appliances, a soft water loop, RV gate, and garage cabinets with built-in workbench.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades 7-8 • 0.9 mi
Grades 8-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,037 | 2,089 | 79% |
| Lot Size | 7,281 | 6,904 | 52% |
| Price | $725.0K | $390.0K | 90% |
| Price per sq ft | $239 | $202 | 62% |
| Built year | 2004 | 2000 | 64% |
| HOA | $246 | $139 | 68% |
| Days on market | 65 | 3072 | 1% |
Apr 4, 2026
$725,000
Initial Listing