138 E MARY Lane, Gilbert, AZ 85295, Gilbert, 85295 - 4 bed, 2 bath
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Gilbert, AZ 85295
This Beautifully Updated Single-Family Residence is a Prime Investment Opportunity, listed at $750,000—positioned well below the $788,706 Fair Market Value by 4%. This valuation gap secures $38,706 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features a remodeled quartz kitchen, new windows, and a resort-style pool on an oversized lot. Located near top-rated schools like Quartz Hill Elementary and South Valley Jr. High, it offers a perfect blend of luxury and financial upside. This is an ideal acquisition for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 138 E MARY Lane Subject | $750,000* List Price | 4 | 2 | 2,631 | $300 | - |
A 244 E JOSEPH Way Sold | $870,000 | 5 | 3 | 3,040 | $286 | 0.3 mi |
B 75 E ELGIN Street Sold | $650,000 | 3 | 2 | 2,341 | $278 | 0.2 mi |
C 586 E Julian Drive Sold | $784,000 | 5 | 3 | 2,979 | $263 | 0.6 mi |
D 331 E PHELPS Street Sold | $808,000 | 5 | 3 | 3,479 | $232 | 0.2 mi |
E 2552 S JACOB Street Pending | $870,000 List Price | 4 | 3 | 2,736 | $318 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that meet modern quality standards, including a tastefully remodeled kitchen with quartz countertops and stainless steel appliances, updated bathrooms, and brand-new windows installed within the last year. The interior is well-maintained with high-end finishes like hardwood flooring, plantation shutters, and custom built-ins, making it fully move-in ready with no deferred maintenance.
The home features a high-end remodeled kitchen with quartz countertops, updated bathrooms, and brand-new windows installed within the last year, offering a contemporary, move-in-ready interior.
Situated on an oversized 10,200 sqft lot, the backyard serves as a private oasis with a sparkling pool, built-in BBQ with a Green Egg, and a large grassy area ideal for entertaining.
The 2,631 sqft floorplan is highly functional, featuring four bedrooms plus a massive bonus room with a custom Stonecreek wall unit, providing ample space for a home office, gym, or media room.
For a home of this size with four bedrooms and a bonus room, having only two bathrooms may be a significant drawback for larger families or those who frequently host guests.
While the interior is beautifully updated, the 2001 construction year suggests that original core components like the roof or HVAC systems may be nearing the end of their typical lifespan.
Welcome to this beautifully updated home in the heart of Gilbert, ideally located just minutes from Downtown Gilbert and Downtown Chandler! This versatile floorplan features 4 spacious bedroom + bonus room. The front bedroom with double doors and a closet is perfect for use as a home office or den. You'll love the upgraded interior, including hardwood floors, tile in all the right places, plantation shutters, and charming window sills throughout. The kitchen has been tastefully remodeled with quartz countertops, a stylish backsplash, and stainless steel appliances including the refrigerator! Bathrooms have also been updated, adding a fresh and modern feel. The home includes all new windows installed last year. Enjoy the oversized bonus room featuring a custom Stonecreek wall unit, ideal as a second living space, workout room, or game room. The piano conveys, making this home truly move-in ready. Step outside to a large backyard complete with a grassy play area, sparkling blue pool, and a built-in BBQ with Green Egg, perfect for entertaining! Located near the Loop 202 with easy access to shopping, dining, and entertainment. The community also offers new pickleball courts and a children's playground, everything you need in one incredible location!
No exterior & parking available.
Grades K-6 • 1.7 mi
Grades 7-8 • 1.5 mi
Grades 8-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 31% |
| Square foot | 2,631 | 2,136 | 69% |
| Lot Size | 10,200 | 7,500 | 82% |
| Price | $750.0K | $410.0K | 91% |
| Price per sq ft | $285 | $214 | 77% |
| Built year | 2001 | 2004 | 29% |
| HOA | $117 | $120 | 49% |
| Days on market | 20 | 2472 | 1% |
Apr 2, 2026
$750,000
Initial Listing