1855 W LEAH Lane, Gilbert, AZ 85233, Gilbert, 85233 - 4 bed, 2 bath
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Gilbert, AZ 85233
This Single-Family Residence is a Strong Value Opportunity, listed at $550,000—positioned well below the $624,249 Fair Market Value by 11%. This valuation gap offers $74,249 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, Private Pool, and a spacious 10,607 sqft lot. Located in the desirable El Dorado Lakes Golf Community, this property is an ideal acquisition for Owner-Occupants seeking long-term value or Buy-and-Hold Investors looking for a stable, high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1855 W LEAH Lane Subject | $550,000* List Price | 4 | 2 | 2,226 | $280 | - |
A 572 N KINGSTON Street Pending | $605,000 List Price | 4 | 2 | 2,369 | $255 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1995 (29 years old), the property is well-maintained and move-in ready. It features significant updates including granite countertops, stainless steel appliances, and modern wood-look flooring that likely fall within the 5-15 year renovation window, elevating it above the 'Fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10607, living area = 2226.
Situated in the highly sought-after El Dorado Lakes Golf Community, this property offers a premium lifestyle and strong long-term value retention within a desirable neighborhood.
The oversized 10,607 sqft lot features a private play pool, a large play area, and a covered patio, providing an ideal environment for Arizona outdoor entertaining.
The assigned middle and high schools currently hold a rating of 4, which may be a consideration for families prioritizing top-tier academic performance in their home search.
Built in 1995 and marketed as having 'endless potential,' the property likely requires cosmetic updates and aesthetic modernizing to compete with newer luxury builds in the area.
Welcome to this stunning single-level home in the highly sought-after golf course community of El Dorado Lakes! Featuring 4 bedrooms, 2 bathrooms, and an inviting open-concept layout, this home is filled with natural light, soaring vaulted ceilings, and spacious living areas designed for both everyday comfort and entertaining. The beautifully appointed kitchen offers granite countertops, stainless steel appliances, a built-in microwave, glass-top range, center island, pantry, and a charming casual dining area with bay window views overlooking the backyard. Enjoy multiple gathering spaces with separate formal living and dining rooms plus an oversized family room perfect for hosting family and friends. The split primary suite provides a peaceful retreat with dual sinks, a separate shower and garden tub, and a spacious walk-in closet. Step outside to your private backyard featuring a sparkling play pool, large play area, covered patio, and plenty of space for relaxing evenings or weekend BBQs. This exceptional floor plan offers endless potential and is ready for its next owners to make it their own!
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades 6-8 • 2.8 mi
Grades 8-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,226 | 1,983.5 | 63% |
| Lot Size | 10,607 | 7,423 | 88% |
| Price | $550.0K | $215.0K | 71% |
| Price per sq ft | $247 | $100 | 60% |
| Built year | 1995 | 1994 | 55% |
| HOA | $125 | $104 | 57% |
| Days on market | 9 | 2502 | 1% |
May 28, 2026
$550,000
Initial Listing