1919 E CLIPPER Court, Gilbert, AZ 85234, Gilbert, 85234 - 5 bed, 3 bath
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Gilbert, AZ 85234
This Value-Add Residential Asset represents a High-Potential Investment Opportunity, with a List Price of $650,000—positioned well below the $748,574 Fair Market Value by 13%. This valuation gap delivers $98,574 in Instant Equity for buyers. While the property holds a Condition Rating of 4 and requires cosmetic modernization, it boasts a premium lake view, an oversized corner lot, and access to premier Val Vista Lakes amenities. Located near top-rated schools like Patterson Elementary, this is a high-upside acquisition for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1919 E CLIPPER Court Subject | $650,000* List Price | 5 | 3 | 2,549 | $294 | - |
A 1414 N PALMSPRINGS Drive Sold | $838,100 | 5 | 3 | 2,738 | $306 | 0.2 mi |
B 1414 N PALMSPRINGS Drive Sold | $838,100 | 5 | 3 | 2,738 | $306 | 0.2 mi |
C 1533 E DOUGLAS Avenue Sold | $550,000 List Price | 5 | 3 | 2,445 | 0.8 mi | |
D 1414 N Constellation Way Sold | $632,000 | 4 | 2 | 2,318 | $273 | 0.9 mi |
E 1349 E Lobster Bay Circle Sold | $605,000 | 4 | 3 | 2,166 | $279 | 0.8 mi |
F 1116 N Date Palm Drive Active Under Contract | $774,999 List Price | 4 | 2 | 2,499 | $310 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the home is largely in its original condition with dated oak cabinetry, white tile countertops, and older flooring and light fixtures. While the property appears well-maintained and has some updates like a new AC compressor and exterior paint, the interior requires significant cosmetic modernization to meet current standards.
Situated in the prestigious Val Vista Lakes, the property offers access to an expansive clubhouse, multiple swimming pools, tennis and pickleball courts, and scenic walking paths.
The home occupies an oversized corner cul-de-sac lot with a massive backyard and features a highly functional floor plan including a ground-floor bedroom and full bath.
The primary suite features a private balcony with impressive lake views, a premium feature that enhances the home's tranquility and long-term investment value.
The home is largely in its original 1987 state and requires significant TLC and modernization to bring it up to contemporary luxury standards.
While the exterior and one AC compressor have been updated, the 'mostly original' status suggests that other major systems and finishes may be nearing the end of their functional life.
Amazing view of the lake from the primary suite balcony! Home sits on an oversized corner lot with huge grass backyard, lemon tree & more! The 5th bedroom is on the ground floor along with the 3rd full bath, lots of storage throughout, an oversized tandem garage and a cul-de-sac corner lot. This home does need some TLC as most everything is original. The main floor ac just received a new compressor and the exterior has been updated. Lots of potential and priced to sell! Val Vista Lakes has churches, a school, a softball field, soccer fields, a basketball court, playgrounds, gardens, walking paths, swimming pools, lakes, tennis & pickleball courts, and we have a large clubhouse with multiple rooms that can host a variety of gatherings.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades PK-6 • 1.2 mi
Grades 7-8 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,549 | 2,039 | 76% |
| Lot Size | 9,988 | 6,913 | 86% |
| Price | $650.0K | $479.0K | 86% |
| Price per sq ft | $255 | $256 | 50% |
| Built year | 1987 | 1994 | 21% |
| HOA | $158 | $75 | 80% |
| Days on market | 25 | 2339 | 1% |
Mar 28, 2026
$650,000
Initial Listing