1894 E PALOMINO Drive, Gilbert, AZ 85296, Gilbert, 85296 - 3 bed, 2 bath
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Gilbert, AZ 85296
This Updated Move-In Ready Residence represents a Prime Investment Opportunity with a List Price of $500,000—positioned well below the $512,412 Fair Market Value by 2%. This valuation gap offers $12,412 in Instant Equity. Boasting a Condition Rating of 3, the interior features new granite countertops, Samsung stainless appliances, and vaulted ceilings. Located near SanTan Village and Discovery Park, this home balances lifestyle perks with financial upside. It is a perfect match for Owner-Occupants or first-time buyers seeking a turnkey Gilbert asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1894 E PALOMINO Drive Subject | $499,900* List Price | 3 | 2 | 1,629 | $310 | - |
A 2009 E APPALOOSA Road Sold | $400,000 | 3 | 3 | 1,625 | $246 | 0.2 mi |
B 2353 E WILLOW WICK Road Sold | $460,000 | 3 | 2 | 1,642 | $280 | 0.6 mi |
C 2284 E STOTTLER Drive Sold | $459,000 | 3 | 2 | 1,245 | $369 | 0.7 mi |
D 1417 E CENTURY Avenue Sold | $489,000 List Price | 3 | 2 | 1,655 | 0.9 mi | |
E 2056 E SAN TAN Court Active | $450,000 List Price | 3 | 2 | 1,401 | $321 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic renovations, including new granite countertops in the kitchen and bathrooms, a brand-new Samsung stainless steel appliance package, fresh interior paint, and new plush carpeting. While the home was built in 1996, these recent updates to key areas like the kitchen and flooring, combined with vaulted ceilings and modern light fixtures, elevate its condition above 'Fair', though it does not reach 'Excellent' as it is not a new build or a total studs-out renovation.
The property is move-in ready featuring brand-new granite countertops, a Samsung stainless steel appliance package, fresh interior paint, and new plush carpeting.
Ideally situated in Gilbert near high-demand amenities including SanTan Village, Discovery Park, and the Downtown Heritage District, offering excellent convenience and resale value.
Soaring vaulted ceilings combined with abundant natural light and an open layout create an airy, expansive feel that maximizes the 1,629 square foot living space.
Built in 1996, the home may soon require significant capital expenditures for original big-ticket items such as the roof or HVAC system, which are not mentioned as updated.
While the elementary and middle schools are solid, the assigned high school has a rating of 5, which may be a drawback for families prioritizing top-tier educational performance.
This move-in ready Rancho Cimarron beauty has been recently updated with all-new interior paint and plush new carpet in all the right places. Featuring stunning new granite countertops in the kitchen and both bathrooms, and a brand-new Samsung stainless steel appliance package. Soaring vaulted ceilings complemented by new ceiling fans, and abundant natural light highlight the open layout. Complete with low maintenance front and backyards and a functional 2 car garage, this home is a rare gem. Enjoy Gilbert living near Discovery Park, SanTan Village, and the Downtown Heritage District. This pristine home is the perfect blend of location and value. Move-In Ready in a Prime Gilbert Location!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.0 mi
Grades 8-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 1,629 | 2,089 | 20% |
| Lot Size | 6,373 | 6,743 | 45% |
| Price | $499.9K | $445.0K | 62% |
| Price per sq ft | $307 | $232 | 82% |
| Built year | 1996 | 2001 | 21% |
| HOA | $53 | $140 | 12% |
| Days on market | 44 | 2528 | 1% |
Apr 16, 2026
$499,900
$500,000
+0% Price Increase
Initial Listing
Mar 10, 2026
$500,000
Initial Listing