2052 E CRESCENT Way, Gilbert, AZ 85298, Gilbert, 85298 - 5 bed, 4 bath
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Gilbert, AZ 85298
This Luxury Gated Estate is listed at $1,995,000, representing a stable and fair acquisition at its $1,996,996 Fair Market Value. Boasting an Excellent Condition Rating following $200k in high-end upgrades, the residence features a Chef’s kitchen with GE Monogram appliances, a waterfall island, and a resort-style backyard complete with a sparkling pool, sauna, and custom ramada. Located on a prime half-acre lot within the top-rated Perry High School district (9/10), this turnkey sanctuary offers an unparalleled lifestyle. It is an ideal match for Luxury Home Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2052 E CRESCENT Way Subject | $1,995,000* List Price | 5 | 4 | 4,498 | $444 | - |
A 2040 E ARIS Drive Sold | $2,200,000 | 5 | 5 | 5,032 | $437 | 0.1 mi |
B 6335 S COBBLESTONE Street Sold | $1,865,000 | 5 | 5 | 5,124 | $364 | 0.9 mi |
C 2087 E ARIS Drive Active | $2,175,000 List Price | 5 | 7 | 5,032 | $432 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property, built in 2016, meets the 'excellent' criteria due to its recent $200k in high-end upgrades and overall pristine condition. The chef's kitchen is fully modernized with GE Monogram appliances, a waterfall island, and contemporary cabinetry. The primary bathroom features luxury resort-style finishes including floating vanities and a freestanding tub. With modern wood-look tile flooring, updated light fixtures, and a seamless indoor-outdoor living design, the home shows no signs of deferred maintenance and aligns with current luxury quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21000, living area = 4498.
Elementary School: Chandler Traditional Academy-Freedom (9/10). Middle School: Sossaman Middle School (9/10). High School: Perry High School (9/10).
The backyard is a premier entertainment oasis featuring a sparkling pool with water features, a custom ramada with a full outdoor kitchen, and a dedicated wellness area with a sauna and hot tub.
The extensive luxury amenities, including the pool, spa, sauna, and large lot, coupled with a $774 association fee, will result in significant ongoing maintenance and utility expenses.
Despite a recent $100k price adjustment and a 'motivated seller' status, the nearly $2M price point sits at the high end of the local market, which may narrow the field of potential buyers.
MOTIVATED SELLER = $100K PRICE ADJUSTMENT!! Situated on prime .48 ACRE North/South lot in coveted, gated community, this home seamlessly blends modern elegance with resort-inspired comfort. With over $200k in recent upgrades, this single-story gorgeous 5 Bed + 4 Bath home has Style, Luxury & Wellness all wrapped into one! The heart of the home is the Chef's kitchen that features GE Monogram appliances, gorgeous waterfall island, built-in fridge, 6 burner gas cooktop and walk in pantry. Oversized open concept family room features tray ceiling and contemporary glass fireplace, creating a warm and sophisticated ambiance. Wait until you see the huge bonus room with its own powder room! Could be Teen/Bonus Room/Game Room/Office/Media Room/Theater...The possibilities are endless! Expansive primary suite features sitting area and the primary bath rivals a five star resort with floating dual vanities w/under cabinet lighting, freestanding soaking tub and dramatic glass-enclosed walk-in shower! Sliding glass wall in dining & living room opens to your backyard oasis, complete with sparkling pool, water features, LED lights, custom fire-pit and huge custom ramada with TV, Sonos sound bar, built in BBQ, Green Egg & beverage fridge - the perfect spot to entertain or relax! Unwind & rejuvenate in the dedicated wellness area featuring a hot tub & sauna, and there's even space ready to add a cold plunge , creating your own personal spa environment. Enjoy close proximity to Loop 202, top rated schools, popular Gilbert Regional Park, Veteran's Oasis Park, Riparian Preserve & SanTan Village!
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades PK-6 • 1.3 mi
Grades 7-8 • 2.6 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 | 4,498 | 2,351 | 94% |
| Lot Size | 21,000 | 8,347.5 | 90% |
| Price | $2.00M | $519.5K | 99% |
| Price per sq ft | $444 | $260 | 97% |
| Built year | 2016 | 2006 | 84% |
| HOA | $774 | $258 | 98% |
| Days on market | 63 | 2499 | 1% |
Feb 19, 2026
$1,995,000
Initial Listing