1978 E INDIAN WELLS Drive, Gilbert, AZ 85298, Gilbert, 85298 - 5 bed, 4 bath
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Gilbert, AZ 85298
This Luxury Multigenerational Estate is listed at $1,160,000, offering a stable entry point at its $1,160,000 Fair Market Value. Boasting an Excellent Condition Rating, the 2018-built residence features a gourmet kitchen, a sparkling pool, and a versatile attached casita ideal for guest housing. Significant financial benefits include owned solar paid at closing and up to 2.5% in seller concessions for rate buy-downs. Located within a premier district featuring Top-Rated 8/10 Schools, this home balances high-end utility with lifestyle luxury. It is an elite acquisition for Multigenerational Families or Owner-Occupants seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1978 E INDIAN WELLS Drive Subject | $1,110,000* List Price | 5 | 4 | 3,923 | $261 | - |
A 1966 E Indian Wells Drive Sold | $834,000 | 4 | 4 | 3,762 | $222 | 0.0 mi |
B 7606 S PENROSE Drive Sold | $910,000 | 3 | 3 | 2,631 | $346 | 0.7 mi |
C 1928 E LA COSTA Drive Active | $1,099,000 List Price | 5 | 4 | 3,984 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property falls within the 10-year window for an excellent rating. The interior features modern finishes, including a spacious kitchen with a large granite island, stainless steel appliances, and contemporary dark wood cabinetry. The flooring, light fixtures, and overall structural components appear to be in pristine condition with no visible signs of wear or deferred maintenance.
The property features a highly desirable attached casita with a private living room and bedroom, plus an en-suite fourth bedroom, making it perfect for guests or extended family.
Buyers benefit from owned solar panels that will be paid off at closing and up to 2.5% in seller concessions for closing costs or interest rate buy-downs.
The oversized lot includes a sparkling pool and a full-size RV gate, offering both luxury recreation and practical storage for large vehicles.
While the casita is plumbed for a kitchenette, it is not yet installed, requiring the buyer to invest additional time and capital to fully realize its potential as a self-contained unit.
Listed at $1.16M, the property sits at a high price tier for the area, which may limit the pool of qualified buyers despite its extensive features and 2018 construction.
Seller may contribute up to $15,000 toward buyer closing costs, prepaid items, and/or rate buy-down with an acceptable offer. This single-level home offers 3,923 sq ft of thoughtfully designed living space ideal for a variety of living arrangements. Expansive, light-filled living areas provide excellent flow for everyday living and entertaining. Each bedroom includes its own walk-in closet, while the fourth bedroom features a private en-suite, perfect for guests or multigenerational living. A highly sought-after attached casita adds exceptional flexibility with its own living room, bedroom, and full bath, plus plumbing for a future kitchenette. The home also features a solar system, offering potential energy-saving benefits. The spacious backyard includes a sparkling pool, and RV gate Step outside to a spacious backyard complete with a full-size RV gate and sparkling pool. A private oasis versatile, and designed for today's lifestyle.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 1.7 mi
Grades 6-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,923 | - |
| Lot Size | 12,736 | - |
| Price | $1.11M | $554.5K |
| Price per sq ft | $283 | $287 |
| Built year | 2018 | 0 |
| HOA | $240 | $0 |
| Days on market | 182 | 2717 |
Jul 18, 2026
$1,110,000
$1,120,000
-1% Price Drop
Initial Listing
Jul 9, 2026
$1,120,000
$1,125,000
+0% Price Increase
Initial Listing
Jun 15, 2026
$1,125,000
$1,130,000
+0% Price Increase
Initial Listing
May 21, 2026
$1,130,000
$1,140,000
-1% Price Drop
Initial Listing
Apr 23, 2026
$1,140,000
$1,160,000
-2% Price Drop
Initial Listing
Jan 31, 2026
$1,160,000
Initial Listing