226 W GAIL Drive, Gilbert, AZ 85233, Gilbert, 85233 - 3 bed, 2 bath
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Gilbert, AZ 85233
This Spacious Great-Room Residence is a High-Potential Investment Opportunity, listed at $439,000—positioned well below the $494,826 Fair Market Value by 11%. This valuation gap provides $55,826 in Instant Equity for the buyer. Boasting a Condition Rating of 4, the home is move-in ready with vaulted ceilings, newer laminate flooring, and a covered patio, though original oak cabinetry offers clear value-add potential. Located near Settlers Point Elementary, it features a large 7,179 sqft lot and energy-efficient north/south exposure. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 226 W GAIL Drive Subject | $429,000* List Price | 3 | 2 | 1,464 | $286 | - |
A 286 W GAIL Drive Sold | $511,200 | 3 | 2 | 1,464 | $349 | 0.1 mi |
B 733 W GOLDEN Street Sold | $459,500 List Price | 3 | 2 | 1,548 | 0.6 mi | |
C 614 W SHERRI Drive Sold | $499,500 List Price | 3 | 2 | 1,564 | 0.6 mi | |
D 111 W JASPER Drive Sold | $432,500 | 3 | 2 | 1,279 | $338 | 0.3 mi |
E 172 W SHANNON Street Active | $482,000 List Price | 3 | 2 | 1,537 | $314 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with newer laminate flooring and neutral tile; however, it was built in 1998 and retains most of its original features. The kitchen and bathrooms show dated styles, including oak cabinetry and laminate countertops, which align with the criteria for a home over 20 years old that has not undergone a full modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7179, living area = 1464.
The home features a desirable north/south exposure complemented by dual-pane windows, sunscreens, and ceiling fans, which are essential for maintaining energy efficiency and comfort in the Arizona climate.
Vaulted ceilings, skylights, and a spacious great-room layout with newer laminate flooring create a bright, airy atmosphere that maximizes the home's interior feel and natural light.
The assigned high school carries a lower rating (4/10) compared to other highly-rated schools in the Gilbert area, which may impact appeal for education-focused families.
At 1,464 square feet, the home is relatively modest in size for a three-bedroom residence, which may limit its suitability for larger families or those requiring significant storage and extra living space.
This bright and spacious great-room floorplan offers an open feel the moment you walk in. The home features newer laminate flooring along with neutral tile in the entry, great room, kitchen, and laundry area. Vaulted ceilings, skylights, and decorative plant shelves add character while allowing natural light to fill the home. 20 The open eat-in kitchen is perfect for everyday living and entertaining, with a large island, plenty of cabinet space, and a walk-in pantry. 2026 roof for peace of mind. The north/south exposure helps keep the home energy efficient, and it's complemented by dual-pane windows, sunscreens, and ceiling fans. The primary suite includes a relaxing garden tub, separate shower, and a comfortable layout designed for privacy. Step outside to a nice covered patio that's ideal for enjoying Arizona evenings. Located in a great Gilbert neighborhood, the home is close to shopping, dining, and entertainment while still offering a quiet, welcoming community feel. This is a wonderful opportunity for buyers looking for a bright, move-in-ready home in a highly desirable area.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-8 • 1.5 mi
Grades 8-12 • 2.1 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 | 1,464 | 1,963 | 11% |
| Lot Size | 7,179 | 7,340 | 46% |
| Price | $429.0K | $214.5K | 50% |
| Price per sq ft | $293 | $100 | 75% |
| Built year | 1998 | 1994 | 86% |
| HOA | $300 | $104 | 91% |
| Days on market | 75 | 2502 | 1% |
Apr 16, 2026
$429,000
$439,000
-2% Price Drop
Initial Listing
Mar 24, 2026
$439,000
Initial Listing
Jun 22, 1998
$129,798
Public Record