16205 E FAIRVIEW Street, Gilbert, AZ 85295, Gilbert, 85295 - 4 bed, 3 bath
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16205 E FAIRVIEW Street
Gilbert, AZ 85295
ACTIVE
CONDITION: POOR
4Beds
3Baths
2,607Sq Ft
104,420Lot Size
Property Price
LIST PRICE$1,750,000
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1982 (42 years old) with no documented major renovations. Interior images show original features like popcorn ceilings and dated tile flooring. The listing explicitly describes the home as a 'foundation for renovation,' indicating it requires a full rehab to meet modern standards, fitting the >30-year age and rehab criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Development Potential
The property consists of two separately parceled lots under RU-43 zoning, providing a unique opportunity to build a second custom residence, guest house, or sell the additional parcel.
- Expansive Acreage
Boasting over 2.4 acres in a rare Gilbert setting, the massive lot size offers exceptional privacy and space that is increasingly difficult to find in the local market.
CONSRISKS & DEFICIENCIES
- Renovation Required
Built in 1982, the existing home is marketed as a foundation for renovation, suggesting that significant additional capital is needed to bring the interior up to modern luxury standards.
- High Entry Price
The $1.75M price point reflects the land value and development upside, which may be a barrier for traditional residential buyers who are not looking for a major construction project.
About 16205 E FAIRVIEW Street
Huge upside 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 104,420 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,607 | 2,210.986 |
| Lot Size | 104,420 | 7,346.256 |
| Price | $1.75M | $598.8K |
| Price per sq ft | $671 | $280 |
| Built year | 1982 | 2003 |
| HOA | $0 | $224 |
| Days on market | 146 | 71 |
Pricing History
Listed for Sale
Apr 16, 2026
$1,750,000
Initial Listing