
Gilbert, AZ 85295
This Turnkey Townhouse represents a Prime Investment Opportunity, listed at $425,000—positioned well below the $434,664 Fair Market Value by 2%. This valuation gap provides $9,664 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes fresh paint, new carpeting, and updated appliances. Residents enjoy resort-style amenities and proximity to Spectrum Elementary School. This property is an ideal acquisition for Owner-Occupants seeking a low-maintenance lifestyle or first-time buyers prioritizing community and convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2623 S Balsam Drive Subject | $425,000* List Price | 3 | 3 | 1,609 | $289 | - |
A 1555 E ELGIN Street Sold | $425,000 | 3 | 3 | 1,504 | $283 | 0.4 mi |
B 2744 S PEWTER Drive 102 Pending | $384,000 List Price | 3 | 3 | 1,372 | $280 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and move-in ready. It features recent cosmetic updates including fresh interior paint, brand-new carpeting, and new kitchen appliances. While the bathroom cabinetry and fixtures appear original, the home is functional and turnkey.
The home is move-in ready with significant recent upgrades, including fresh interior paint, brand-new carpeting in bedrooms, and new kitchen appliances, ensuring a low-maintenance transition for the buyer.
Located in the gated Lakes at Annecy, the property offers access to premium amenities including three pools and spas, scenic lakes, fountains, and lush green spaces, providing a high-end lifestyle.
The residence is ideally situated minutes from SanTan Village and the Loop 202 freeway, offering excellent proximity to premier shopping, dining, and top-rated schools like Spectrum Elementary.
The three-story configuration, with the main living area on the second floor and bedrooms on the third, may be a challenge for buyers with mobility concerns or those who prefer a more traditional floor plan.
With a very small lot size and a townhouse structure, the property lacks a private backyard, which may be a drawback for pet owners or buyers seeking significant personal outdoor areas.
Welcome to an exceptional opportunity to own a private residence in the highly coveted gated community of The Lakes at Annecy. Built in 2006 and meticulously maintained, this move-in-ready home offers 1,609 square feet of thoughtfully designed living space, seamlessly blending comfort, functionality, and modern style. The main living area and kitchen are situated on the second level, where abundant natural light pours in through expansive windows and multiple exposures. A sliding glass door and charming Juliette balcony enhance the bright, open atmosphere, creating an inviting setting for both everyday living and effortless entertaining. The third level serves as a private retreat, featuring a spacious primary suite and two additional bedrooms, thoughtfully designed to accommodate family guests, or a home office. A welcoming front patio provides the perfect place to enjoy your morning coffee, connect with neighbors, or unwind in the evening. Recent updates include fresh interior paint throughout, brand-new carpeting in the bedrooms, and new kitchen appliances, offering a truly turnkey living experience. Residents of The Lakes at Annecy enjoy access to an impressive collection of amenities, including scenic lakes and fountains, tree-lined walking paths, lush green spaces, and three resort-style pools and spas. This beautifully maintained community offers a walkable, low-maintenance lifestyle in one of Gilbert's most desirable neighborhoods. Ideally located just minutes from SanTan Village and with convenient access to the Loop 202 SanTan Freeway, this exceptional home combines privacy, convenience, and community living in a premier location. Discover the lifestyle you've been waiting for and experience all this remarkable home has to offer.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 7-8 • 1.4 mi
Grades 8-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,609 | - |
| Lot Size | 751 | - |
| Price | $425.0K | $372.4K |
| Price per sq ft | $264 | $268 |
| Built year | 2006 | 0 |
| HOA | $210 | $0 |
| Days on market | 39 | 2991 |
Jun 13, 2026
$425,000
Initial Listing