
Gilbert, AZ 85295
This Santa Barbara Style Custom Home represents a High-Potential Investment Opportunity, listed at $1,699,000—positioned well below the $1,747,736 Fair Market Value by 2%. This valuation gap offers $48,736 in Instant Equity. With a Mint Condition Rating, this 2018 build features a resort-style backyard with a salt-system pool and no HOA restrictions. The expansive lot provides rare flexibility for RV storage or future casita development. This property is an ideal acquisition for Owner-Occupants seeking luxury or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1739 S 142ND Street Subject | $1,649,000* List Price | 5 | 4 | 3,200 | $539 | - |
A 1718 S 140TH Place Pending | $1,649,900 List Price | 5 | 3 | 3,491 | $473 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this custom home is only 8 years old and remains in mint condition. The interior features high-end designer finishes in the kitchen and bathrooms, modern systems including an induction cooktop and central vac, and a resort-style backyard with a newer salt-system pool and outdoor kitchen.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35050, living area = 3200.
Situated on nearly an acre in Gilbert with no HOA fees, this property offers rare flexibility for RV storage, toys, and custom additions, providing a level of freedom seldom found in the area.
The backyard is a premier entertainment hub featuring a salt system pool, firepit, and a fully equipped outdoor kitchen with a Green Egg smoker, all complemented by stunning mountain views.
At a list price of $1.699M for 3,200 square feet, the property sits at a high price point that may be perceived as a premium compared to other luxury homes with larger interior footprints.
While the property includes utility stub-outs for a casita or RV pad, the actual construction of these structures will require significant additional capital investment from the buyer to fully utilize the land's potential.
Gorgeous Santa Barbara Style Custom Home built in 2018 on nearly an acre lot IN GILBERT w/NO HOA! Open Floor Plan w/resort style Backyard... Sparkling Salt System Pool w/basketball hoop, Cozy Firepit, Outdoor TV & kitchen equipped w/built-in BBQ Grill + Green Egg Smoker great for entertaining. Raised Garden Beds for those w/a green thumb. Casita or RV Pad w/utility stub-outs (electrical/water/septic) for added future value. Fenced/useable land creates flexibility for toys. Oversized 4-car garage + added storage. INTERIOR boasts beautiful Great Room ceiling beams, kitchen induction cooktop, window shutters, designer bathrooms, central vac, surround sound, & many other upgrades you'll love! COME SEE THIS RARE... LARGE LOT... STUNNING NEWER GILBERT CUSTOM PROPERTY THAT HAS NO HOA FEES
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,200 | - |
| Lot Size | 35,050 | - |
| Price | $1.65M | $554.5K |
| Price per sq ft | $515 | $287 |
| Built year | 2018 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 2717 |
Jul 19, 2026
$1,649,000
$1,699,000
-3% Price Drop
Initial Listing
Jun 5, 2026
$1,699,000
Initial Listing