
Gilbert, AZ 85296
This Single Family Residence represents a Prime Investment Opportunity, listed at $415,000—positioned well below the $424,882 Fair Market Value by 2%. This valuation gap provides $9,882 in Instant Equity. While the home maintains a Condition Rating of 4, it features a newer AC unit and a premium cul-de-sac lot backing to a greenbelt. With proximity to top-rated schools like Mesquite Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1551 E Orchid Court C Subject | $415,000* List Price | 3 | 3 | 1,468 | $289 | - |
A 1213 S BOULDER Street B Active | $419,900 List Price | 3 | 3 | 1,468 | $286 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is over 20 years old and features a dated kitchen with original-style cabinetry and countertops. While the home is well-maintained with newer laminate flooring, stainless steel appliances, and a newer AC unit, the primary systems and wet areas are reaching the end of their typical design cycle and need modern updates.
The property is ideally situated in a quiet cul-de-sac and backs directly to a greenbelt, providing superior privacy and a more open feel compared to neighboring homes.
The inclusion of a newer AC unit is a significant value-add for an Arizona property, offering the buyer improved energy efficiency and reduced immediate maintenance costs.
Located with easy access to SanTan Village, Loop 202, and downtown Gilbert, the home offers an excellent lifestyle balance near top-tier shopping, dining, and commuting corridors.
With a lot size of only 2,290 square feet, the backyard area is quite small, which may be a drawback for buyers seeking significant garden space or room for outdoor recreation.
At 1,468 square feet for a three-bedroom, three-bathroom residence, the living areas and secondary bedrooms may feel tight for families requiring more spacious accommodations.
Great Gilbert location close to SanTan Village, Loop 202, and downtown Gilbert! This beautiful home is located in a cul-de-sac and backs to a greenbelt for added privacy. Inside, you'll find an open floor plan with neutral paint, beautiful laminate wood flooring, and plenty of natural light. The kitchen features a large island, ample cabinet space, and opens to the main living area with views of the backyard. The home also includes a newer AC unit. Upstairs offers a spacious primary bedroom with an ensuite bathroom and walk-in closet. Two additional bedrooms and a full guest bathroom provide plenty of space for family, guests, or a home office. Conveniently located near shopping, dining, golf courses, parks, and freeway access. Move-in ready and great place to live.
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades 7-8 • 1.3 mi
Grades 8-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,468 | - |
| Lot Size | 2,290 | - |
| Price | $415.0K | $554.5K |
| Price per sq ft | $283 | $287 |
| Built year | 1998 | 0 |
| HOA | $62 | $0 |
| Days on market | 6 | 2717 |
Jul 16, 2026
$415,000
Initial Listing