1928 E SARATOGA Street, Gilbert, AZ 85296, Gilbert, 85296 - 4 bed, 3 bath
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Gilbert, AZ 85296
This Spacious Rancho Cimarron Residence presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned well below the $609,074 Fair Market Value by 17%. This significant valuation gap offers $109,074 in Instant Equity for buyers. While currently holding a Condition Rating of 4 due to original 1995 finishes, the home features a versatile floor plan and a covered patio with ample room for a pool. Located near Finley Farms Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking forced appreciation through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1928 E SARATOGA Street Subject | $500,000* List Price | 4 | 3 | 2,128 | $286 | - |
A 1853 E ARABIAN Drive Sold | $385,000 List Price | 4 | 2 | 2,291 | 0.3 mi | |
B 2353 E WILLOW WICK Road Sold | $460,000 | 3 | 2 | 1,642 | $280 | 0.6 mi |
C 1105 S PORTLAND Avenue Sold | $635,000 | 4 | 3 | 2,410 | $263 | 0.9 mi |
D 2062 E PALOMINO Drive Active | $605,000 List Price | 5 | 3 | 2,249 | $269 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the property is well-maintained but remains largely in its original condition. The kitchen features dated oak cabinetry and white appliances, and the bathrooms retain original fixtures, including outdated carpeted flooring in the primary bath. While the main living areas have been updated with wood-look flooring, the overall aesthetic, light fixtures, and major systems reflect the home's nearly 30-year age without a full modern renovation.
The layout includes a rare full bedroom and bathroom on the main level, providing an ideal setup for multi-generational living, guest accommodations, or a private home office.
The backyard offers a spacious blank canvas with a covered patio and sufficient room to install a private pool, allowing buyers to create a custom outdoor oasis.
Situated in the desirable Rancho Cimarron community of Gilbert, the property enjoys close proximity to highly-rated schools, diverse shopping, and popular dining destinations.
Built in 1995, the home's interior finishes and architectural style may require cosmetic modernization to compete with newer inventory in the Gilbert market.
As a 30-year-old property, major systems such as the roof and HVAC may be approaching the end of their typical lifecycles, potentially requiring near-term capital investment.
This spacious 4-bedroom, 3-bathroom property offers a highly desirable floor plan with one full bedroom and bathroom conveniently located downstairs--perfect for guests, multi-generational living, or a home office. The interior features neutral tones throughout. The kitchen opens to a cozy breakfast nook and is equipped with a gas stove, making it ideal for everyday living and entertaining. A warm gas fireplace and built-in entertainment niche add character and functionality to the main living space. Step outside to the covered patio and ample space to design your dream outdoor oasis--plenty of room for a pool! Located in a well-maintained community near shopping, dining, parks, and top-rated schools, this home combines comfort.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 0.9 mi
Grades 8-12 • 1.3 mi
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 | 2,128 | 2,089 | 52% |
| Lot Size | 6,077 | 6,665 | 42% |
| Price | $500.0K | $445.0K | 62% |
| Price per sq ft | $235 | $232 | 51% |
| Built year | 1995 | 2001 | 13% |
| HOA | $53 | $140 | 12% |
| Days on market | 13 | 2486 | 1% |
Apr 9, 2026
$500,000
Initial Listing