1812 S Racine Lane, Gilbert, AZ 85295, Gilbert, 85295 - 3 bed, 2 bath
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Gilbert, AZ 85295
This Energy-Efficient Meritage Residence is listed at $579,000, representing a stable value near its $560,870 Fair Market Value. Boasting a Condition Rating of 3, the home features a high-end ECHO Solar System, spray foam insulation, and a private patio, ensuring significantly lower utility costs and a comfortable lifestyle. Located in the premier Lyons Gate community, the property offers immediate access to SanTan Village and Top-Rated Schools including Higley Elementary (9/10). This sustainable, move-in-ready home is an ideal match for Owner-Occupants or growing families seeking a polished sanctuary in Gilbert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1812 S Racine Lane Subject | $579,000* List Price | 3 | 2 | 2,088 | $269 | - |
A 3320 E Patrick Street Sold | $490,000 | 3 | 2 | 1,742 | $281 | 0.5 mi |
B 3320 E PATRICK Street Sold | $490,000 | 3 | 2 | 1,742 | $281 | 0.5 mi |
C 3294 E IVANHOE Street Sold | $465,000 | 4 | 2 | 2,045 | $227 | 0.5 mi |
D 2991 E Franklin Avenue Sold | $415,000 | 3 | 2 | 1,299 | $319 | 0.1 mi |
E 2509 E ERIE Court Sold | $599,000 List Price | 3 | 2 | 1,892 | 0.7 mi | |
F 1786 S SETON Avenue Sold | $434,000 | 3 | 3 | 1,748 | $248 | 0.4 mi |
G 3029 E FRANKLIN Avenue Pending | $497,000 List Price | 4 | 3 | 1,928 | $258 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2010, this property falls within the 10-20 year age range for a 'good' rating. The home is move-in ready and features modern finishes including granite countertops, dark wood cabinetry, and stainless steel appliances in the kitchen. It is highly energy-efficient with a solar system, spray foam insulation, and updated HVAC components. While currently used as an assisted living facility, the interior flooring and bathrooms appear well-maintained with minimal wear and tear.
Middle School: Higley Elementary School (9/10).
Built by Meritage Homes, this property features a comprehensive green suite including an ECHO Solar System, spray foam insulation, and a 14 SEER A/C unit, ensuring significantly lower utility costs.
The home is ideally situated just one mile from the Loop 202 and five minutes from SanTan Village, providing residents with immediate access to premier shopping, dining, and entertainment.
The property is currently used as an assisted living home, which may necessitate interior modifications or cosmetic updates to transition the layout back to a traditional single-family residence.
At 2,088 square feet, the three-bedroom configuration may feel less competitive to buyers seeking a fourth bedroom or dedicated office space typically found in homes of this size.
Energy Efficient Living, located in a prime Gilbert location just one mile south of the Loop 202, is a community of new, highly energy-efficient homes designed with sustainability and comfort in mind. Residents will love being just five minutes from the vibrant SanTan Village Shopping area, offering top-tier dining, retail, and entertainment options. Built by Meritage Homes, each residence reflects a strong commitment to energy efficiency, featuring cutting-edge systems such as the S ECHO® Solar System, which harnesses thermal energy from the sun to heat your home and water. Additional energy-saving features include spray foam insulation, ENERGY STAR® appliances, an ENERGY STAR® programmable thermostat, a 14 SEER A/C unit, Low-E2 vinyl windows, weather-sensing irrigation, and water-efficient plumbing fixtures. This home is also loaded with premium upgrades, including a high-end reverse osmosis system and water softener, delivering both performance and luxury in one exceptional package. Also used as an assisted living home.
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades PK-8 • 1.5 mi
Grades 7-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 3.0 | 31% |
| Square foot | 2,088 | 2,129 | 47% |
| Lot Size | 5,875 | 7,491 | 38% |
| Price | $579.0K | $410.0K | 78% |
| Price per sq ft | $277 | $214 | 73% |
| Built year | 2010 | 2004 | 78% |
| HOA | $80 | $120 | 32% |
| Days on market | 308 | 2472 | 24% |
Jun 18, 2025
$579,000
Initial Listing