
Gilbert, AZ 85295
Analysis of 16205 E FAIRVIEW Street, Gilbert, AZ 85295 is currently available with a list price of $1,750,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Gilbert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1982 (44 years old) and marketed as a 'foundation for renovation,' the property exceeds the 30-year threshold for original systems and likely requires a full rehab of the kitchen, baths, and HVAC to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 104420, living area = 2607.
The property features two separately parceled lots under RU-43 zoning, providing a rare opportunity to build a second custom residence, guest house, or profit from a future land sale.
Situated on over 2.4 acres (104,420 sqft) with multiple access points, this large-scale corner lot offers exceptional privacy and design flexibility in a high-demand Gilbert location.
Built in 1982, the existing 2,607 sqft home is positioned as a renovation opportunity, likely requiring significant capital investment to meet modern luxury standards.
The $1.75M list price heavily factors in the land's future upside, which may represent a high barrier to entry for buyers seeking a move-in-ready primary residence rather than a development project.
Opportunity with options in a rare Gilbert setting. This property offers two separately parceled lots under RU-43 zoning, combining immediate livability with long-term upside. The existing home provides a solid foundation for renovation or rental, while the second parcel creates a clear path to build--ideal for a custom residence, guest home, or future resale. Positioned on a corner with multiple access points, the layout supports both functionality and design flexibility. With large-lot demand continuing to rise and limited opportunities to secure land of this scale, this is a compelling play for an end user or investor seeking space, flexibility, and future value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,607 | 2,136 | 69% |
| Lot Size | 104,420 | 7,713 | 99% |
| Price | $1.75M | $0 | 99% |
| Price per sq ft | $671 | $0 | 99% |
| Built year | 1982 | 2003 | 2% |
| HOA | $0 | $125 | 4% |
| Days on market | 60 | 2879 | 1% |
Apr 16, 2026
$1,750,000
Initial Listing