1571 S MONTEREY Street, Gilbert, AZ 85233, Gilbert, 85233 - 4 bed, 3 bath
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Gilbert, AZ 85233
This Spacious Two-Story Residence is a High-Potential Investment Opportunity, listed at $549,000—positioned well below the $643,538 Fair Market Value by 14%. This significant valuation gap provides $94,538 in Instant Equity for the buyer. Maintaining a Condition Rating of 3, the home features a Granite Kitchen, stainless appliances, and a Private Pool perfect for the Arizona climate. Located near Settlers Point Elementary, the property offers a functional layout for growing families. This is an exceptional acquisition for Owner-Occupants seeking immediate wealth or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1571 S MONTEREY Street Subject | $549,000* List Price | 4 | 3 | 2,104 | $306 | - |
A 861 W SHELLFISH Drive Sold | $550,000 | 3 | 3 | 1,704 | $323 | 0.8 mi |
B 843 W DEVON Drive Sold | $650,000 | 3 | 3 | 2,280 | $285 | 0.7 mi |
C 861 W SHELLFISH Drive Sold | $550,000 | 3 | 3 | 1,704 | $323 | 0.8 mi |
D 141 W BAYLOR Lane Pending | $540,000 List Price | 4 | 2 | 2,051 | $263 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1997-built home is in move-in ready condition with several key updates that elevate it above the 'fair' category. The interior features modern wood-look flooring throughout, fresh paint, and updated granite countertops paired with stainless steel appliances in the kitchen. While the oak cabinetry reflects the original build period, the overall maintenance is high, and the bathrooms show signs of contemporary styling, such as the barn door entry and updated vanities. The exterior and private pool area appear well-kept, meeting the criteria for a well-maintained property within its age bracket.
The property features a fenced backyard with a private pool and open patio, providing a highly desirable outdoor oasis perfect for the Arizona climate and entertaining.
The kitchen is equipped with granite countertops and stainless steel appliances, offering a contemporary aesthetic and a move-in-ready space for home cooks.
With 2,104 square feet, four bedrooms, and three bathrooms, the home provides a generous and versatile floor plan suitable for growing families or multi-generational living.
Built in 1997, the home may require upcoming capital expenditures for major systems like the roof or HVAC that are nearing the end of their typical service life.
The assigned high school has a rating of 4, which may be a drawback for families prioritizing top-tier educational performance or concerned about long-term resale value.
Spacious two-story home featuring 4 bedrooms and 3 bathrooms, designed for comfortable living and entertaining. The interior offers a cozy fireplace, and a bright kitchen with granite countertops and stainless steel appliances. The functional layout provides generous living spaces and natural light throughout. Outside, enjoy a fenced backyard with an open patio and a pool perfect for relaxing or hosting gatherings. Additional features include a 2-car garage and a driveway for extra parking. A great opportunity to own a beautiful home with desirable features and plenty of space inside and out!
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades 7-8 • 1.8 mi
Grades 8-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,104 | 1,963 | 59% |
| Lot Size | 6,303 | 7,139 | 33% |
| Price | $549.0K | $443.0K | 73% |
| Price per sq ft | $261 | $230 | 57% |
| Built year | 1997 | 1994 | 81% |
| HOA | $180 | $102 | 71% |
| Days on market | 40 | 2291 | 1% |
Mar 13, 2026
$549,000
Initial Listing