
Gilbert, AZ 85234
Analysis of 1821 E ELLIOT Road, Gilbert, AZ 85234 is currently available with a list price of $1,990,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property falls into the >20y category. While the home is exceptionally well-maintained with 'timeless' features and recent cosmetic updates like new carpet and double ovens, the overall architectural style (red brick, wood beams) and primary systems are dated. It is move-in ready but requires modernization of the kitchen and bathrooms to move out of the 'dated' classification.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 92207, living area = 3322.
The property features over 2 acres of land in the heart of Gilbert, offering a rare level of privacy and space that is nearly impossible to find in such a central, developed location.
With soaring vaulted ceilings, wood beams, timeless red brick accents, and oversized Anderson windows, the home provides a unique, high-quality aesthetic that stands out from standard builds.
Built in 1981, the home may require significant additional modernization to bathrooms and living areas to fully align with the expectations of luxury buyers at the $2 million price point.
Despite the large square footage and high price, the home only offers three dedicated bedrooms, which may limit its appeal to larger families or those requiring more guest space.
What a rare opportunity to own just over 2 acres in the heart of Gilbert! This custom 3322 square foot home offers 3 spacious bedrooms, office, 2.5 bathrooms and an air conditioned two car garage. Inside features timeless red brick accents, soaring vaulted ceilings with wood beams, and oversized Anderson windows fill the home with warmth and natural light. The primary suite features a sitting area, dual walk in closets, and a garden view shower. Hardwood flooring flows throughout with new carpet in the bedrooms and den. Enjoy new double ovens, a built in refrigerator, a wet bar, and a two way fireplace. The expansive property offers endless possibilities while providing privacy, space, and a prime Gilbert location close to shopping, dining, and trail riding to riparian preserve park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,322 | - |
| Lot Size | 92,207 | - |
| Price | $1.99M | $554.5K |
| Price per sq ft | $599 | $287 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 2 | 2717 |
Jul 21, 2026
$1,990,000
Initial Listing