1742 E PONY Lane, Gilbert, AZ 85295, Gilbert, 85295 - 3 bed, 2 bath
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Gilbert, AZ 85295
This Turnkey Single Family Residence presents a Prime Investment Opportunity, listed at $510,000—positioned well below the $523,389 Fair Market Value by 2%. This valuation gap offers $13,389 in Instant Equity. Featuring a Mint Condition Rating, the home includes a private pool with waterfall, new quartz kitchen counters, and wood-look flooring. Located near top-rated schools like Ashland Elementary, this property balances lifestyle luxury with financial stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1742 E PONY Lane Subject | $510,000* List Price | 3 | 2 | 1,513 | $346 | - |
A 1741 E CARLA VISTA Drive Sold | $490,000 | 3 | 3 | 1,617 | $303 | 0.2 mi |
B 1787 E ERIE Street Pending | $498,000 List Price | 3 | 2 | 1,655 | $301 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1998, the property has undergone a recent comprehensive renovation (less than 5 years) featuring new quartz countertops, new stainless steel appliances, and modern wood-look flooring. The kitchen and bathrooms are updated with contemporary finishes, and the home is in mint, move-in-ready condition.
The property is move-in ready with significant modern updates, including new quartz countertops, stainless steel appliances, and contemporary wood-look flooring throughout.
The backyard features a refreshing pool with a waterfall feature and low-maintenance desert landscaping, providing a premium outdoor living space ideal for the Arizona climate.
Located in the popular Gilbert Ranch community, the home is served by well-rated schools and offers convenient access to local amenities and services.
At 1,513 square feet, the interior living space and bedroom sizes may be considered compact for growing families or those needing a home office.
While the interior is remodeled, the 1998 build date suggests that original major components like the roof or HVAC may be approaching the end of their typical functional lifespan.
You found it! This remodeled, move-in-ready, fantastic opportunity awaits you! A lovely, newly updated 3-bedroom, 2-bath home features an inviting living room with vaulted ceilings, a soothing palette, blinds, and attractive wood-look flooring that provides a timeless appeal. The eat-in kitchen comes with new quartz counters, new sink & faucet, ample cabinetry, AND new SS appliances for a seamless cooking experience. The tranquil primary bedroom showcases an ensuite with dual sinks, direct backyard access, and a walk-in closet for an organized wardrobe. Unwind at the end of a long day in the charming backyard, complete with a spacious patio, a low-maintenance desert landscape, and a refreshing pool with a waterfall for cooling down on hot summer days. Make this adorable gem yours today!
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-8 • 1.3 mi
Grades 8-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,513 | 2,069.5 | 16% |
| Lot Size | 5,836 | 7,700 | 35% |
| Price | $510.0K | $0 | 71% |
| Price per sq ft | $337 | $0 | 93% |
| Built year | 1998 | 2003 | 9% |
| HOA | $88 | $122 | 36% |
| Days on market | 36 | 2804 | 1% |
May 1, 2026
$510,000
Initial Listing