
Gilbert, AZ 85296
This Spacious Luxury Estate represents a Strong Value Opportunity, listed at $775,000—positioned slightly above the $760,221 Fair Market Value. While the property requires cosmetic updates to modernize its Condition Rating of 4, it offers significant upside through its massive lot, Private Pool and Spa, and versatile 5-bedroom floor plan. Located in the prestigious Silverstone Ranch with access to equestrian trails and top-rated schools like Mesquite Elementary, this home balances lifestyle appeal with long-term potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1551 E SAGEBRUSH Court Subject | $759,000* List Price | 5 | 3 | 3,415 | $220 | - |
A 285 S RED ROCK Street Sold | $745,000 | 5 | 3 | 3,530 | $211 | 0.3 mi |
B 641 S BOULDER Court Sold | $820,000 | 4 | 4 | 3,796 | $216 | 0.2 mi |
C 1561 E SARATOGA Court Sold | $735,000 | 4 | 3 | 2,615 | $281 | 0.1 mi |
D 2132 E SMOKE TREE Road Sold | $642,750 | 3 | 2 | 2,308 | $278 | 0.7 mi |
E 1038 S PALOMINO CREEK Drive Sold | $560,000 | 4 | 2 | 2,131 | $263 | 0.7 mi |
F 314 S SANDSTONE Street Pending | $760,000 List Price | 4 | 3 | 3,530 | $215 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (30 years old), the property is functional but dated. While it features newer luxury vinyl plank flooring and granite countertops, the maple cabinetry and black appliances in the kitchen, along with the basic framed shower and vertical blinds, reflect a renovation style older than 15 years, requiring cosmetic updates to meet modern standards.
The property features a massive professional backyard with a private pool, spa, and RV gate on a premium cul-de-sac lot, offering an ideal space for outdoor entertaining.
With 3,415 sqft, five bedrooms, and two bedrooms conveniently located on the main floor, the layout offers exceptional flexibility for multi-generational living or guest accommodations.
Situated in the prestigious Silverstone Ranch, residents enjoy rare access to community horse stables and bridle trails, providing a distinct and upscale Arizona lifestyle.
The property has undergone four consecutive price reductions within 44 days on the market, suggesting that the initial pricing may have exceeded current buyer demand.
The $852 association fee represents a significant recurring cost that may deter buyers sensitive to monthly carrying expenses compared to neighboring subdivisions.
Stunning 5BR/4BA Luxury Estate with Private Pool in Gilbert's Silverstone Ranch! HUGE YARD WITH RV GATE, cul-de-sac estate combining spacious elegance with an outdoor entertainer's paradise PRIVATE POOL AND SPA. A friendly neighborhood renowned for its community horse stables and bridle trails--this property offers an unparalleled Arizona lifestyle. 2 BEDROOMS DOWNSTAIRS. A bright, open layout with 9+ flat ceilings, neutral tile/carpet, premium granite countertops, maple cabinetry, and a huge family room perfect for large gatherings.Flexible Living Space: 5 generous bedrooms (or 4 bedrooms plus an oversized bonus game room) and 4 upgraded bathrooms.Resort Backyard: Retreat to a massive, professional
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 7-8 • 1.3 mi
Grades 8-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,415 | 2,210.986 |
| Lot Size | 9,919 | 7,346.256 |
| Price | $759.0K | $598.8K |
| Price per sq ft | $222 | $280 |
| Built year | 1996 | 2003 |
| HOA | $852 | $224 |
| Days on market | 75 | 71 |
Sep 4, 2026
$759,000
$769,000
-1% Price Drop
Initial Listing
Aug 30, 2026
$769,000
$772,000
+0% Price Increase
Initial Listing
Aug 29, 2026
$772,000
$773,000
+0% Price Increase
Initial Listing
Aug 21, 2026
$773,000
$775,000
+0% Price Increase
Initial Listing
Aug 9, 2026
$775,000
$776,000
+0% Price Increase
Initial Listing
Aug 5, 2026
$776,000
$778,000
+0% Price Increase
Initial Listing
Jul 23, 2026
$778,000
$780,000
+0% Price Increase
Initial Listing
Jun 26, 2026
$780,000
Initial Listing