2312 E MEAD Drive, Gilbert, AZ 85298, Gilbert, 85298 - 5 bed, 6 bath
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Gilbert, AZ 85298
This Luxury Gated Estate is a Strong Value Opportunity, listed at $1,850,000—positioned well below the $1,966,061 Fair Market Value by 5%. This valuation gap provides $116,061 in Instant Equity. Maintaining an Excellent Condition Rating, the residence features a resort-style backyard with a heated pool and a specialized 8-car garage facility with RV parking. Located within the top-rated Perry High School district (9/10), this turnkey sanctuary perfectly suits Luxury Home Seekers or Owner-Occupants looking for a high-end lifestyle with built-in financial security.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2312 E MEAD Drive Subject | $1,850,000* List Price | 5 | 6 | 3,875 | $507 | - |
A 2040 E ARIS Drive Sold | $2,200,000 | 5 | 5 | 5,032 | $437 | 0.4 mi |
B 2052 E CRESCENT Way Active Under Contract | $1,995,000 List Price | 5 | 4 | 4,498 | $444 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property falls within the 10-year window for an excellent rating and presents in like-new condition. The kitchen is equipped with high-end GE Monogram appliances and premium finishes, while the home features modern upgrades such as wood-look tile flooring, LED-accented tray ceilings, and smart home integrations. With all bedrooms featuring ensuite baths and the addition of a resort-style backyard and specialized climate-controlled garages, the property shows no signs of deferred maintenance and exceeds current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21675, living area = 3875.
Elementary School: Chandler Traditional Academy-Freedom (9/10). Middle School: Sossaman Middle School (9/10). High School: Perry High School (9/10).
The property features an impressive 8-car total capacity, including an oversized RV garage and a climate-controlled 2-car garage with a dedicated woodworker’s shop and specialized 220V electrical, a rare find for collectors and hobbyists.
The extensive list of luxury amenities, including the climate-controlled garages, large pool, and nearly 0.5-acre lot, will result in significant ongoing utility and maintenance expenses for the homeowner.
The heavy emphasis on specialized features like the massive RV garage and workshop may limit the property's appeal to a specific subset of buyers, potentially narrowing the pool of interested parties at this price point.
Located in the prestigious gated community of Legacy at Freeman Farms by Fulton Homes, this beautifully upgraded single-level home sits on nearly ½ acre & features 5 bedrooms, 5.5 bathrooms, a resort style backyard with pool, spa, in-ground trampoline, and outdoor kitchen, a 6 car oversized RV garage and an additional climate controlled 2 car garage, all strategically positioned to capture the spacious feel of a corner lot while backing to community amenities. Each bedroom includes its own private ensuite bath, including a versatile fifth bedroom currently designed as a media/flex room that can easily function as a guest suite ideal for visitors or multi-generational living. The open great room anchors the home & flows seamlessly into the kitchen and dining spaces, perfect for everyday... ...living and entertaining. Designer upgrades include dropped crown moulding with multi-color LED lighting, a stacked stone fireplace with glass shelving and recessed lighting, plantation shutters, updated lighting and fans throughout, and multi-room surround sound. The kitchen features GE Monogram appliances, tile backsplash, and opens to a custom bar area with beverage refrigerator, glass shelving, and designer lighting. The private primary suite offers electric blackout roller shades, a custom California Closet with quartz-topped dresser, and a spa-style bath with three shower heads. The backyard is designed for entertaining with a chlorine pool that is salt-cell ready with heat/cool function, waterfall feature, glow-in-the-dark tile, large Baja step, attached spa, gas fire pit, built-in BBQ, and in-ground trampoline. Additional highlights include an insulated and climate-controlled garage with woodworkers shop, extensive electrical with multiple 20A 110V and 20A 220V outlets, an oversized RV garage with lift master wall mount garage door opener, tankless water heater with recirculation, reverse osmosis system, water softener, smart pool controls, and extensive custom upgrades throughout. This home was built, designed and upgraded to last by its original owners and is being offered to the market for the very first time.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades PK-6 • 1.4 mi
Grades 7-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 6.0 | 3.0 | 99% |
| Square foot | 3,875 | 2,351 | 88% |
| Lot Size | 21,675 | 8,347.5 | 90% |
| Price | $1.85M | $519.5K | 98% |
| Price per sq ft | $477 | $260 | 98% |
| Built year | 2016 | 2006 | 84% |
| HOA | $774 | $258 | 98% |
| Days on market | 40 | 2499 | 1% |
Mar 13, 2026
$1,850,000
Initial Listing