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 | $1,160,000* List Price | 5 | 4 | 3,923 | $296 | - |
A 1955 E BLACKHAWK Drive Sold | $1,225,000 | 4 | 4 | 3,795 | $323 | 0.1 mi |
B 2367 E SUSAN Drive Sold | $925,000 List Price | 5 | 5 | 3,943 | 0.5 mi | |
C 2492 E AUGUSTA Avenue Sold | $914,000 | 5 | 4 | 3,535 | $259 | 0.7 mi |
D 2249 E GALILEO Drive Sold | $835,000 | 5 | 4 | 3,623 | $230 | 0.4 mi |
E 1928 E LA COSTA Drive Active | $1,115,000 List Price | 5 | 4 | 3,984 | $280 | 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.
Up to 2.5% seller concessions available for closing costs and rate buy-down, subject to seller approval. single-level living offering 3,923 sq ft of thoughtfully designed space ideal for a variety of living arrangements. The home features expansive, light-filled living areas with excellent flow for everyday living and entertaining. Each bedroom includes its own walk-in closet, while the fourth bedroom offers a private en-suite--perfect for guests or multigenerational living. A highly sought-after attached casita provides exceptional flexibility with its own living room, bedroom, and full bath, plus plumbing for a future kitchenette. The spacious backyard features a sparkling pool and full-size RV gate. Owned solar will be paid off at closing, providing valuable energy savings. 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 4.0 | 3.0 | 78% |
| Square foot | 3,923 | 2,351 | 88% |
| Lot Size | 12,736 | 8,347.5 | 86% |
| Price | $1.16M | $519.5K | 95% |
| Price per sq ft | $296 | $260 | 70% |
| Built year | 2018 | 2006 | 90% |
| HOA | $240 | $255 | 48% |
| Days on market | 81 | 2499 | 1% |
Jan 31, 2026
$1,160,000
Initial Listing