1273 E Apricot Lane, Gilbert, AZ 85298, Gilbert, 85298 - 4 bed, 3 bath
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Gilbert, AZ 85298
This Stunning Resort-Style Residence is a Prime Investment Opportunity, listed at $694,999—positioned well below the $713,954 Fair Market Value by 2%. This valuation gap provides $18,955 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the interior features real wood flooring and a gourmet kitchen, while the backyard serves as a private oasis with a sparkling pool and outdoor kitchen. Located near top-rated Perry High School (9/10), this home is an ideal match for Owner-Occupants or growing families seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1273 E Apricot Lane Subject | $694,999* List Price | 4 | 3 | 2,418 | $295 | - |
A 5142 S MCMINN Drive Sold | $825,000 | 4 | 3 | 2,867 | $288 | 0.4 mi |
B 5142 S McMinn Street Sold | $825,000 | 4 | 3 | 2,856 | $289 | 0.4 mi |
C 1121 E CLOVEFIELD Street Sold | $900,000 | 4 | 3 | 2,867 | $314 | 0.4 mi |
D 1307 E MIA Lane Sold | $605,000 | 3 | 2 | 1,940 | $312 | 0.3 mi |
E 1538 E NIGHTINGALE Lane Active | $599,999 List Price | 4 | 3 | 2,421 | $248 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and fits the criteria for a 'Good' rating based on its 2005 build year (19 years old). It features high-quality upgrades such as real wood flooring, plantation shutters, and a gourmet kitchen with granite countertops and stainless steel appliances. While the bathrooms have been partially remodeled and the interior freshly painted, it does not meet the 'Excellent' criteria as it hasn't undergone a full, top-to-bottom renovation within the last 5 years, and major systems like the roof and HVAC are likely original to the 2005 construction.
High School: Perry High School (9/10).
The backyard is a premier entertainment space featuring a sparkling pool with water features, a built-in fire pit, and a fully equipped outdoor kitchen island, perfectly suited for the Arizona climate.
The inclusion of a highly desirable first-floor bedroom and adjacent full bathroom offers a rare and flexible setup ideal for guests or multi-generational living arrangements.
While the garage offers three spaces, the tandem design can be less convenient for daily vehicle access compared to a traditional side-by-side three-car layout.
With the home built in 2005, original major components such as the HVAC system or roof may be approaching the end of their typical functional lifespan, potentially requiring future capital investment.
Rare opportunity to live in Vista Dorado II community! Welcome to a stunning home where resort-style living awaits. Featuring soaring 17-foot ceilings, real wood flooring, elegant wood plantation shutters, upgraded lighting, and a freshly painted interior with freshly cleaned carpet, this home creates a bright and inviting atmosphere. The home features upgraded cabinetry and hardware throughout, along with partially remodeled bathrooms showcasing new fixtures and lighting. The gourmet kitchen offers abundant cabinetry, generous countertop space, an RO system, and a whole-house water softener--perfect for modern living and entertaining. A highly desirable first-floor bedroom with a nearby full bath offers an ideal setup for next-generation living, perfect for guests or extended family. Car enthusiasts and hobbyists will appreciate the three-car tandem garage, complete with built-in cabinetry, a workbench, and specialty epoxy flooring. The backyard is designed for relaxed Gilbert living, featuring lush landscaping, a sparkling pool with water features, and a built-in fire feature. Enjoy outdoor entertaining with surround sound, a covered patio for year-round comfort, and a fully equipped outdoor island with a built-in grill. Additional highlights include decorative stained front and back patio flooring, as well as a new RV gate with keypad access for convenience and security. Conveniently located near freeway access and Veterans Oasis Park, with walking and biking trails, playgrounds, and tree-lined streets in an established community, just minutes from the vibrant Gilbert Downtown Heritage District and SanTan Village Mall.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades 7-8 • 4.4 mi
Grades 8-12 • 0.8 mi
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 | 2,418 | 2,351 | 57% |
| Lot Size | 7,800 | 8,170 | 47% |
| Price | $695.0K | $519.5K | 74% |
| Price per sq ft | $287 | $260 | 64% |
| Built year | 2005 | 2006 | 45% |
| HOA | $260 | $258 | 50% |
| Days on market | 26 | 2499 | 1% |
Mar 27, 2026
$694,999
Initial Listing