134 E FRANCES Lane, Gilbert, AZ 85295, Gilbert, 85295 - 5 bed, 3 bath
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Gilbert, AZ 85295
This Spacious Renovated Residence is a Strong Value Opportunity, listed at $889,000—positioned well below the $956,530 Fair Market Value by 7%. This valuation gap secures $67,530 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2 following a comprehensive renovation, the 3,398 sqft layout features a sparkling pool oasis, luxury vinyl flooring, and a gourmet granite kitchen. Located in the premier Allen Ranch subdivision near Quartz Hill Elementary, this home balances high-end lifestyle perks with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors looking for a premium asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 134 E FRANCES Lane Subject | $889,000* List Price | 5 | 3 | 3,398 | $281 | - |
A 244 E JOSEPH Way Sold | $870,000 | 5 | 3 | 3,040 | $286 | 0.4 mi |
B 331 E PHELPS Street Sold | $808,000 | 5 | 3 | 3,479 | $232 | 0.3 mi |
C 586 E Julian Drive Sold | $784,000 | 5 | 3 | 2,979 | $263 | 0.6 mi |
D 547 E JOSEPH Way Sold | $975,000 List Price | 5 | 3 | 3,244 | 0.6 mi | |
E 643 E LOWELL Avenue Sold | $900,000 List Price | 5 | 4 | 4,000 | 0.8 mi | |
F 75 E ELGIN Street Sold | $650,000 | 3 | 2 | 2,341 | $278 | 0.4 mi |
G 417 E FRANCES Lane Active | $869,900 List Price | 5 | 3 | 3,152 | $276 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2000, the property has undergone a comprehensive renovation within the last 5 years. The interior features modern luxury vinyl flooring, plantation shutters, and a fully updated kitchen with high-end stainless steel appliances, granite countertops, and a designer backsplash. The exterior and pool area are in mint condition, requiring no immediate maintenance.
The backyard features a sparkling pool, gazebo, and built-in BBQ, offering a premium, move-in-ready space for year-round Arizona living and entertaining.
With 5 bedrooms, nearly 3,400 sqft, and a versatile bonus room, this home provides ample space for large families or multi-functional use like a home office or media room.
The interior is elegantly updated with luxury vinyl flooring, plantation shutters, and a gourmet kitchen featuring granite countertops and stainless steel appliances.
Built in 2000, the property may soon require capital expenditures for major systems like the roof or HVAC if they have not been recently replaced.
While the local schools are reputable, their ratings (6-7) may be a slight drawback for buyers specifically seeking the highest-rated academic districts in the Gilbert area.
Discover the perfect harmony of modern elegance & classic charm in this beautifully updated 5-bedroom home. Boasting exceptional curb appeal, this home features a 3-car garage, RV gate, & mature landscaping that sets a welcoming tone from the start. Inside, you'll love the large living & dining room for hosting guests. Luxury Vinyl flooring, great lighting, archways, & plantation shutters compliment any decor. The kitchen has stainless steel appliances, abundant cabinetry, granite counters, & a prep island w/a breakfast bar. Flexible bonus room can easily be converted into a media space, office, or lounge zone. Serene backyard oasis shines w/a covered patio, gazebo, built-in BBQ, & a sparkling pool, ideal for year-round enjoyment. This dream home truly has it all!
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades 7-8 • 1.6 mi
Grades 8-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 82% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,398 | 2,116 | 85% |
| Lot Size | 10,200 | 7,700 | 78% |
| Price | $889.0K | $0 | 98% |
| Price per sq ft | $262 | $0 | 65% |
| Built year | 2000 | 2003 | 26% |
| HOA | $117 | $122 | 49% |
| Days on market | 37 | 2804 | 1% |
Apr 30, 2026
$889,000
Initial Listing