
Gilbert, AZ 85234
This Custom Gilbert Estate is a Prime Investment Opportunity, listed at $1,285,000—positioned well below the $1,318,419 Fair Market Value by 2%. This valuation gap offers $33,419 in Instant Equity for buyers. Maintaining a Condition Rating of 3, the residence features a Granite Kitchen, Diving Pool, and an expansive 29,220 sqft No-HOA Lot backing the Sun Circle Trail. Its versatile guest suite supports multigenerational living near Freestone Park. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1822 E LEXINGTON Avenue N Subject | $1,285,000* List Price | 4 | 3 | 3,851 | $342 | - |
A 1831 E LINDA Lane Active | $1,350,000 List Price | 4 | 4 | 3,632 | $372 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained with several key updates. Although built in 1995, the home features a modernized living area with a contemporary shiplap fireplace wall and recessed lighting. The kitchen has been updated with granite countertops and stainless steel appliances, and while the cabinetry retains a traditional 90s profile, it appears refreshed. The bathrooms feature upgraded tile finishes, and the overall interior—including the flooring and neutral paint—shows minimal wear and tear, aligning with the 'good' criteria for a property of this age with significant partial renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29220, living area = 3851.
Situated on nearly 30,000 sqft of horse property with no HOA, this estate offers rare flexibility for RV storage, equestrian use, or custom outdoor additions in a central Gilbert location.
The residence features a versatile lower-level guest suite with private outdoor access, providing an ideal solution for multigenerational families, long-term guests, or a secluded home office.
Built in 1995, the property may soon require capital improvements for major mechanical systems, roofing, or pool equipment that typically reach the end of their lifespan at the 30-year mark.
While the home features some updates, the 1990s custom design and layout may feel dated to premium buyers who increasingly prioritize contemporary open-concept aesthetics at this price point.
Rarely does a property combine space, freedom, and location quite like this exceptional Gilbert estate. Nestled on expansive horse property with no HOA, this custom residence delivers the flexibility today's buyers crave -- whether for recreational vehicles, equestrian pursuits, or creating a private backyard retreat designed entirely around your lifestyle. From the moment you arrive, the welcoming circular driveway and side-entry three-car garage set the tone for a home that blends elegance with everyday convenience. Inside, soaring vaulted ceilings and a thoughtfully designed split floor plan create an airy, open feel while offering privacy in all the right places. Multiple living spaces invite both relaxed family living and effortless entertaining, including a warm and inviting family room that flows seamlessly into the kitchen, where granite countertops, updated cabinetry, stainless appliances, and natural light from above create a bright and functional gathering hub. The primary suite serves as a peaceful escape, featuring dual vanities, upgraded tile finishes, a spacious walk-in closet, and direct access to the backyard oasis. A versatile lower-level guest or living suite with its own outdoor access provides ideal accommodations for multigenerational living, long-term guests, or private workspace options. Step outside and discover where this property truly shines. The expansive backyard is designed for Arizona living at its finest, highlighted by a sparkling diving pool, oversized covered patio, charming gazebo, and ample space for outdoor entertaining, recreation, or future customization. With RV gates, additional storage, and room to build a detached RV garage, this property offers opportunities rarely found in Gilbert. Backing directly to the scenic Sun Circle Trail, residents enjoy immediate access to miles of walking, jogging, and biking paths, creating a seamless connection to the area's active outdoor lifestyle. The home is also ideally positioned near Freestone Park, one of Gilbert's premier recreation destinations offering lakes, playgrounds, sports courts, and year-round community events. Convenience continues just minutes away at Dana Park's upscale dining and shopping, easy freeway access via the US-60, and the vibrant charm of Downtown Gilbert's Heritage District, known for its award-winning restaurants, local boutiques, weekend markets, and lively entertainment scene. Highly regarded schools and nearby employment corridors further enhance the long-term desirability of this location. Properties offering this level of land, privacy, and central Gilbert accessibility are exceptionally limited. This is more than a home -- it's the opportunity to create a lifestyle uniquely your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,851 | 2,039 | 95% |
| Lot Size | 29,220 | 6,913 | 95% |
| Price | $1.28M | $479.0K | 97% |
| Price per sq ft | $334 | $256 | 86% |
| Built year | 1995 | 1994 | 54% |
| HOA | $0 | $75 | 21% |
| Days on market | 63 | 2339 | 1% |
Feb 18, 2026
$1,285,000
Initial Listing