
Gilbert, AZ 85296
Analysis of 2601 E MESQUITE Street, Gilbert, AZ 85296 is currently available with a list price of $4,499,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Gilbert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1988, the property has undergone recent high-end renovations including a fully remodeled kitchen with modern quartz countertops and black cabinetry, updated wood flooring, and pristine interior finishes, qualifying it as a <5-year renovation in mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 160907, living area = 4614.
Elementary School: Greenfield Elementary School (9/10).
The property features a professional-grade 310' x 158' roping arena, 8 stalls, and direct access to the Gilbert bridle path, offering an unparalleled setup for horse enthusiasts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =160907, other record lot size in square feet = 160039.
The property's high valuation is heavily tied to its specialized equestrian facilities, which may limit the potential buyer pool to a specific lifestyle segment.
Managing a nearly 4-acre estate with extensive arena lighting, irrigation systems, and livestock facilities demands significant ongoing time and financial investment for upkeep.
Experience true exclusivity in Sawyer Estates, one of Gilbert's most prestigious enclaves where properties rarely come to market. This nearly 4-acre legacy estate hasn't been sold in decades and now presents a once-in-a-generation opportunity, offering a rare combination of timeless charm, modern updates, and premier equestrian facilities. The 4,600 SF estate home features 5 bedrooms plus a den, 4.5 baths, and a finished basement. Recent updates blend seamlessly with classic design, showcasing warm wood floors, a beautifully remodeled kitchen with striking black-and-white tile, quartz counters, and sleek black cabinetry. For the equestrian enthusiast, this property delivers a premier setup. The expansive 310' x 158' professional-grade roping arena is equipped with a stripping chute, return alley, sprinkler system, permitted lighting, shaded cattle pens, 8 stalls, and 2 storage rooms far more than a typical riding arena. Backing directly onto the Gilbert bridle path, the estate offers direct access to miles of scenic equestrian trails, all while enjoying breathtaking sunsets over the tranquil canal. Large acreage properties like this are nearly impossible to find in central Gilbert. With a new wave of custom estates being built in Sawyer Estates, demand reflects both the prestige of the neighborhood and a strong outlook on future values. Whether you choose to enjoy the spacious updated home as your sanctuary or create a custom estate, this rare offering provides the privacy, location, and canvas to bring your vision to life. Opportunities of this scale are few and far between. Situated in southeast Gilbert, one of Arizona's most desirable and established communities, this estate blends equestrian heritage with rare, low-turnover exclusivity. Located within the award-winning Gilbert Public Schools district, it's just minutes from the Loop 202, SanTan Village, and the acclaimed Agritopia community with its dining, shops, and urban farm charm. The prestigious Seville Golf & Country Club is also nearby, offering championship golf, tennis, fitness, and social amenities. Residents enjoy quick access to Phoenix-Mesa Gateway Airport and a convenient drive to Sky Harbor International Airport. Nearby, top golf courses, regional parks, and vibrant downtown Gilbert provide endless recreation and entertainment. Properties of this scale and quality in Sawyer Estates are exceptionally rare, especially those with direct trail frontage and fully equipped equestrian facilities.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 0.4 mi
Grades 8-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 99% |
| Baths | 5.0 | 3.0 | 97% |
| Square foot | 4,614 | 2,089.5 | 98% |
| Lot Size | 160,907 | 6,821 | 99% |
| Price | $4.50M | $445.0K | 99% |
| Price per sq ft | $975 | $232 | 99% |
| Built year | 1988 | 2001 | 3% |
| HOA | $0 | $140 | 4% |
| Days on market | 7 | 2527 | 1% |
Apr 15, 2026
$4,499,000
Initial Listing