208 W SMOKE TREE Road, Gilbert, AZ 85233, Gilbert, 85233 - 3 bed, 2 bath
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Gilbert, AZ 85233
This Well-Maintained Single-Family Residence is a Strong Value Opportunity, listed at $550,000—positioned well below the $584,794 Fair Market Value by 5%. This valuation gap provides $34,794 in Instant Equity. Boasting a Condition Rating of 3, the home features a Newer Roof, Granite Kitchen, and a Heated Swim Spa. Despite 4/10 School Ratings, the property’s recent capital improvements and 3-car garage ensure immediate move-in readiness. It is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors targeting a high-quality asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 208 W SMOKE TREE Road Subject | $550,000* List Price | 3 | 2 | 1,856 | $315 | - |
A 568 S GOLDEN KEY Street Sold | $480,000 List Price | 4 | 3 | 2,018 | 0.5 mi | |
B 638 W Sierra Madre Avenue Sold | $540,000 | 3 | 2 | 2,058 | $262 | 0.7 mi |
C 501 W SERENO Drive Sold | $469,000 | 3 | 2 | 1,424 | $329 | 0.5 mi |
D 201 W SMOKE TREE Road Sold | $430,000 | 4 | 2 | 2,014 | $214 | 0.0 mi |
E 604 W ORCHARD Way Sold | $485,000 | 4 | 2 | 1,717 | $282 | 0.8 mi |
F 240 W ENSUENO Street Active | $537,500 List Price | 3 | 2 | 1,691 | $318 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is exceptionally well-maintained and move-in ready, benefiting from significant recent capital improvements including a new roof, water heater, and water softener within the last three years. While the kitchen cabinetry and appliances reflect a more traditional style rather than a contemporary full renovation, the home features high-quality upgrades such as granite countertops, plantation shutters, and vaulted ceilings. The exterior is also highly improved with a newer heated swim spa and artificial turf, placing it firmly in the 'good' category despite its 1995 build date.
The property boasts significant high-ticket updates within the last three years, including a new roof, water heater, water softener, and epoxy garage flooring, minimizing immediate maintenance costs for the buyer.
The interior is move-in ready with premium features such as plantation shutters, vaulted ceilings, granite countertops, and a mix of tile and wood flooring that provide a sophisticated aesthetic.
The backyard is optimized for relaxation with a heated swim spa and low-maintenance artificial turf, while the 3-car garage with built-in cabinets offers exceptional storage and workspace.
The assigned public schools for this address—Gilbert Elementary, Mesquite Jr High, and Mesquite High—all currently hold a 4/10 rating, which may impact long-term resale value for families.
While the home offers a versatile den, it lacks a permanent closet, and the three-bedroom configuration may be restrictive for larger families or those requiring multiple dedicated guest suites.
Don't miss this beautiful home in the lake Community of Lago Estancia! Displaying a manicured landscape and a 3-car garage w/cabinets. The fabulous interior showcases plantation shutters, vaulted ceilings, neutral palette, tons of natural light, recessed lighting, and tile & wood flooring t/out. You'll love the formal dining room and the desirable great room! The impressive kitchen boasts built-in appliances, granite counters, a pantry, ample wood cabinetry, a center island, a peninsula, and a cozy breakfast nook w/bay window. Versatile den can be an office or extra bedroom with free standing closet. The double-door main bedroom also has a bay window and an ensuite with dual sinks, separate tub/shower, & a walk-in closet. Outback, you have a covered patio, artificial turf, well-laid pavers, and a heated swim spa. Newer water heater, shutters, roof, epoxy on garage floor, landscaping with swim spa, water softener, to name a few , all new within three years. Come see this beautiful home.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 6-8 • 0.2 mi
Grades 8-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,856 | 1,963 | 43% |
| Lot Size | 6,839 | 7,340 | 42% |
| Price | $550.0K | $215.0K | 71% |
| Price per sq ft | $296 | $100 | 76% |
| Built year | 1995 | 1994 | 55% |
| HOA | $90 | $102 | 45% |
| Days on market | 98 | 2502 | 1% |
Mar 1, 2026
$550,000
Initial Listing