1314 E MINERAL Road, Gilbert, AZ 85234, Gilbert, 85234 - 4 bed, 2 bath
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Gilbert, AZ 85234
This Single-Family Residence represents a Strong Value Opportunity, listed at $525,000—positioned well below the $573,188 Fair Market Value by 8%. This valuation gap provides $48,188 in Instant Equity for the buyer. Featuring a 4-bedroom split floorplan and a private pool, the home maintains a Condition Rating of 4, offering a solid foundation for cosmetic updates. Located near top-rated schools like Patterson Elementary, this property is an ideal acquisition for Owner-Occupants seeking long-term value or Buy-and-Hold Investors targeting a high-demand Gilbert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1314 E MINERAL Road Subject | $499,000* List Price | 4 | 2 | 2,060 | $250 | - |
A 1238 E MINERAL Road Sold | $465,000 | 3 | 2 | 1,896 | $245 | 0.1 mi |
B 1143 E HARBOR VIEW Drive Sold | $490,000 | 5 | 3 | 2,134 | $230 | 0.3 mi |
C 309 N WESTPORT Drive Sold | $465,000 | 4 | 2 | 1,783 | $261 | 0.4 mi |
D 1141 E BRUCE Avenue Sold | $517,000 | 3 | 2 | 1,832 | $282 | 0.5 mi |
E 1542 E Stanford Avenue Sold | $535,000 | 4 | 3 | 2,152 | $249 | 0.7 mi |
F 1881 E COMMERCE Avenue Sold | $625,000 | 4 | 2 | 2,112 | $296 | 0.7 mi |
G 1238 E HEATHER Avenue Sold | $500,000 | 3 | 2 | 1,704 | $293 | 0.2 mi |
H 850 N SAINT ELENA Street Sold | $449,000 List Price | 3 | 2 | 1,954 | 0.8 mi | |
I 1413 E VAUGHN Avenue Pending | $559,500 List Price | 3 | 3 | 2,198 | $255 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1988 (36 years old), placing it in the >20y category. While the listing describes it as 'beautifully maintained' with a functional pool, the age and visible elements like the popcorn ceiling and older cabinetry in the garage suggest the interior finishes and systems are likely dated and will require minor repairs or modern updates.
The property is within walking distance to Freestone Park and located in a highly desirable Gilbert neighborhood with easy access to top-rated shopping and dining.
Features a private sparkling pool and a backyard oasis, providing a significant value-add for Arizona living and outdoor entertaining.
The 2,060 sqft single-story layout offers a desirable split floorplan with four bedrooms, ensuring privacy and a spacious feel for families.
Built in 1988, the home may require capital improvements or modern cosmetic updates to its original systems and finishes to meet current market trends.
At 6,199 sqft, the lot size is relatively modest for a home of this square footage with a pool, resulting in limited additional yard space for other uses.
Priced below comp's because there's some work to do. WALK TO FREESTONE PARK! NEW PAINT, CARPET AND TURF YARD. Featuring 4 bedrooms, 2 bathrooms, and a functional split floorplan, this home offers both comfort and privacy. Enjoy Arizona living in your own backyard oasis complete with a sparkling private pool and plenty of space to relax or entertain. The open layout, 2-car garage, and spacious living areas make this home ideal. Conveniently located near major highways, top-rated shopping, restaurants, parks, and entertainment. Don't miss this opportunity to own in one of Gilbert's most sought-after locations!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 8-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,060 | - |
| Lot Size | 6,199 | - |
| Price | $499.0K | $554.5K |
| Price per sq ft | $242 | $287 |
| Built year | 1988 | 0 |
| HOA | $64 | $0 |
| Days on market | 60 | 2717 |
Jul 22, 2026
$499,000
$525,000
-5% Price Drop
Initial Listing
May 24, 2026
$525,000
Initial Listing