1272 E PENEDES Drive, Gilbert, AZ 85298, Gilbert, 85298 - 4 bed, 3 bath
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Gilbert, AZ 85298
This Luxury New Construction Sanctuary is listed at $892,853, representing a premium residential offering compared to its $845,726 Fair Market Value. Boasting a Pristine Condition Rating, this 2025-built home features a gourmet kitchen with granite countertops, a versatile four-bedroom plus office layout, and a covered patio. Located within the gated Waterston Central community, residents enjoy resort-style amenities including a pool and spa. This property offers a sophisticated, Move-in Ready lifestyle, making it an ideal match for a growing family or Owner-Occupants seeking modern elegance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1272 E PENEDES Drive Subject | $892,853* List Price | 4 | 3 | 2,805 | $302 | - |
A 5142 S McMinn Street Sold | $825,000 | 4 | 3 | 2,856 | $289 | 0.7 mi |
B 5142 S MCMINN Drive Sold | $825,000 | 4 | 3 | 2,867 | $288 | 0.7 mi |
C 5247 S ROCK Street Sold | $1,129,000 List Price | 4 | 4 | 3,290 | 0.5 mi | |
D 1121 E CLOVEFIELD Street Sold | $900,000 | 4 | 3 | 2,867 | $314 | 0.6 mi |
E 1274 E PLUM Street Active | $1,011,302 List Price | 4 | 3 | 2,805 | $361 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2025 construction featuring modern designer upgrades, a gourmet kitchen with granite countertops and stainless steel appliances, and pristine interior finishes with no physical depreciation.
The 2,805 sqft layout features four bedrooms plus a dedicated office and game room, providing exceptional flexibility for multi-generational living or remote professionals.
Situated on a deeper homesite with desirable North/South exposure, the property maximizes energy efficiency and enhances comfort for the outdoor living spaces.
This 2025 build includes high-end designer finishes, a gourmet kitchen with a gas cooktop, and a split three-car garage, all within a secure gated community.
As part of a newer phase of development, the immediate area may be subject to ongoing construction noise, dust, and heavy equipment traffic for the near future.
The property is currently in 'Active Under Contract' status, which may limit the opportunity for new buyers to negotiate unless the current deal falls through.
Remarkable, Desert-style exterior, single-story home nestled in Canastero at Waterston Central on a deeper homesite with North/South exposure. The spacious 4 bedroom home features 3 bathrooms, an office, game room, outdoor living spaces, an attached 1 bay garage, an attached 2 bay garage, designer upgrades throughout, and more! The luxurious kitchen boasts stainless appliances with a gas cooktop, granite countertops, Gradon Maple cabinetry, a single bowl sink, an island, and wiring for pendant lighting. Other highlights include snowbound interior paint, a 5 piece primary bath with a separate shower and soaking tub, and pavers on the driveway, a covered patio in the private backyard! Canastero at Waterston Central is a gated community featuring a pool, spa, playground, and more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,805 | 2,351 | 68% |
| Lot Size | 8,310 | 8,305 | 50% |
| Price | $892.9K | $519.5K | 89% |
| Price per sq ft | $318 | $260 | 80% |
| Built year | 2025 | 2006 | 97% |
| HOA | $175 | $255 | 41% |
| Days on market | 273 | 2499 | 26% |
Jul 23, 2025
$892,853
Initial Listing