
Gilbert, AZ 85298
This Single Family Residence represents a Strong Value Opportunity, listed at $950,000—positioned slightly above the $945,295 Fair Market Value. While the home is priced at market, its Mint Condition Rating and comprehensive high-end renovations, including modern LVP flooring and plantation shutters, ensure a turnkey experience. The massive 43,560 sqft lot provides rare privacy and utility in Gilbert, offering significant lifestyle flexibility without HOA restrictions. This property is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or lifestyle-focused buyers prioritizing land and location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21406 S Greenfield Road Subject | $950,000* List Price | 3 | 2 | 1,836 | $515 | - |
A 21325 S 154TH Street Pending | $1,125,000 List Price | 5 | 3 | 2,199 | $512 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure was built in 1988, the interior has undergone a comprehensive, high-end renovation within the last 5 years. The home features modern LVP flooring, recessed lighting, updated fixtures, and plantation shutters throughout, presenting in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 1836.
The property features a massive 43,560 sqft lot, providing rare privacy and ample space for equestrian use, workshops, or custom outdoor living in the heart of Gilbert.
With zero association fees and no restrictive covenants, homeowners enjoy maximum flexibility for property modifications, RV parking, and personalized land use.
Built in 1988, the home likely requires significant capital investment for modernizing interior finishes and major systems to compete with newer area builds.
The recent list price increase from $899,000 to $950,000 after 45 days on the market may lead to buyer hesitation and extended time on market.
Exceptional opportunity in Gilbert. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,836 | 2,360 | 21% |
| Lot Size | 43,560 | 8,750 | 92% |
| Price | $950.0K | $507.5K | 89% |
| Price per sq ft | $517 | $252 | 98% |
| Built year | 1988 | 2007 | 2% |
| HOA | $0 | $213 | 7% |
| Days on market | 49 | 2607 | 1% |
Jun 4, 2026
$950,000
$899,000
+6% Price Increase
Initial Listing
Apr 20, 2026
$899,000
Initial Listing